CUSD vs. BILZ

Last updated Apr 2, 2026

Compare and contrast key facts about CrossingBridge Ultra-Short Duration ETF (CUSD) and PIMCO Ultra Short Government Active Exchange-Traded Fund (BILZ).

CUSD and BILZ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CUSD is an actively managed fund by CrossingBridge. It was launched on Sep 20, 2021. BILZ is an actively managed fund by PIMCO. It was launched on Jun 21, 2023.

Performance

CUSD vs. BILZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in CrossingBridge Ultra-Short Duration ETF (CUSD) and PIMCO Ultra Short Government Active Exchange-Traded Fund (BILZ). The values are adjusted to include any dividend payments, if applicable.

CUSD vs. BILZ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
CUSD CrossingBridge Ultra-Short Duration ETF	1.37%	5.02%	4.57%	2.82%
BILZ PIMCO Ultra Short Government Active Exchange-Traded Fund	0.84%	4.21%	5.25%	2.33%

Returns By Period

In the year-to-date period, CUSD achieves a 1.37% return, which is significantly higher than BILZ's 0.84% return.

CUSD

• 1D: -1.51%
• 1M: -0.08%
• YTD: 1.37%
• 6M: 1.50%
• 1Y: 4.89%
• 3Y*: 5.09%
• 5Y*: —
• 10Y*: —

BILZ

• 1D: 0.01%
• 1M: 0.29%
• YTD: 0.84%
• 6M: 1.84%
• 1Y: 4.02%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CUSD vs. BILZ - Expense Ratio Comparison

CUSD has a 0.81% expense ratio, which is higher than BILZ's 0.14% expense ratio.

CUSD

CrossingBridge Ultra-Short Duration ETF

BILZ

PIMCO Ultra Short Government Active Exchange-Traded Fund

Return for Risk

CUSD vs. BILZ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CUSD

CUSD Risk / Return Rank: 25
CUSD Sharpe Ratio Rank: 21
CUSD Sortino Ratio Rank: 21
CUSD Omega Ratio Rank: 26
CUSD Calmar Ratio Rank: 30
CUSD Martin Ratio Rank: 27

BILZ

BILZ Risk / Return Rank: 100
BILZ Sharpe Ratio Rank: 100
BILZ Sortino Ratio Rank: 100
BILZ Omega Ratio Rank: 100
BILZ Calmar Ratio Rank: 100
BILZ Martin Ratio Rank: 100

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CUSD vs. BILZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for CrossingBridge Ultra-Short Duration ETF (CUSD) and PIMCO Ultra Short Government Active Exchange-Traded Fund (BILZ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	CUSD	BILZ	Difference
Sharpe ratio Return per unit of total volatility	0.38	19.23	-18.85
Sortino ratio Return per unit of downside risk	0.66	117.44	-116.77
Omega ratio Gain probability vs. loss probability	1.11	44.68	-43.57
Calmar ratio Return relative to maximum drawdown	0.91	204.35	-203.44
Martin ratio Return relative to average drawdown	2.63	1,813.57	-1,810.94
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CUSD vs. BILZ - Sharpe Ratio Comparison

The current CUSD Sharpe Ratio is 0.38, which is lower than the BILZ Sharpe Ratio of 19.23. The chart below compares the historical Sharpe Ratios of CUSD and BILZ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CUSD	BILZ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.38	19.23	-18.85
Sharpe Ratio (All Time) Calculated using the full available price history	0.73	10.37	-9.65

Correlation

The correlation between CUSD and BILZ is 0.01, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

CUSD vs. BILZ - Dividend Comparison

CUSD's dividend yield for the trailing twelve months is around 13.86%, more than BILZ's 4.15% yield.

	TTM	2025	2024	2023	2022
CUSD CrossingBridge Ultra-Short Duration ETF	13.86%	14.05%	7.10%	3.62%	1.14%
BILZ PIMCO Ultra Short Government Active Exchange-Traded Fund	4.15%	4.19%	4.95%	2.23%	0.00%

Drawdowns

CUSD vs. BILZ - Drawdown Comparison

The maximum CUSD drawdown since its inception was -5.42%, which is greater than BILZ's maximum drawdown of -0.52%. Use the drawdown chart below to compare losses from any high point for CUSD and BILZ.

Drawdown Indicators

	CUSD	BILZ	Difference
Max Drawdown Largest peak-to-trough decline	-5.42%	-0.52%	-4.90%
Max Drawdown (1Y) Largest decline over 1 year	-5.42%	-0.02%	-5.40%
Current Drawdown Current decline from peak	-2.80%	0.00%	-2.80%
Average Drawdown Average peak-to-trough decline	-0.40%	-0.01%	-0.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.88%	0.00%	+1.88%

Volatility

CUSD vs. BILZ - Volatility Comparison

CrossingBridge Ultra-Short Duration ETF (CUSD) has a higher volatility of 4.22% compared to PIMCO Ultra Short Government Active Exchange-Traded Fund (BILZ) at 0.05%. This indicates that CUSD's price experiences larger fluctuations and is considered to be riskier than BILZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CUSD	BILZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.22%	0.05%	+4.17%
Volatility (6M) Calculated over the trailing 6-month period	9.47%	0.14%	+9.33%
Volatility (1Y) Calculated over the trailing 1-year period	12.90%	0.21%	+12.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.54%	0.44%	+6.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.54%	0.44%	+6.10%