ETU vs. BILZ

Last updated Jun 5, 2026

ETU (T-Rex 2X Long Ether Daily Target ETF) and BILZ (PIMCO Ultra Short Government Active Exchange-Traded Fund) are both exchange-traded funds - ETU is a Leveraged Cryptocurrency fund actively managed by REX Shares, while BILZ is a Ultrashort Bond fund actively managed by PIMCO. Both are actively managed. Over the past year, ETU returned -75.56% vs 3.91% for BILZ. At a correlation of -0.01, they often move in opposite directions. ETU charges 0.95%/yr vs 0.14%/yr for BILZ.

Performance

ETU vs. BILZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T-Rex 2X Long Ether Daily Target ETF (ETU) and PIMCO Ultra Short Government Active Exchange-Traded Fund (BILZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ETU achieves a -72.00% return, which is significantly lower than BILZ's 1.47% return.

ETU

• 1D: -2.42%
• 1M: -45.33%
• YTD: -72.00%
• 6M: -76.01%
• 1Y: -75.56%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BILZ

• 1D: 0.01%
• 1M: 0.28%
• YTD: 1.47%
• 6M: 1.78%
• 1Y: 3.91%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ETU vs. BILZ - Yearly Performance Comparison

	2026 (YTD)	2025	2024
ETU T-Rex 2X Long Ether Daily Target ETF	-72.00%	-62.44%	50.47%
BILZ PIMCO Ultra Short Government Active Exchange-Traded Fund	1.47%	4.21%	0.86%

Correlation

The correlation between ETU and BILZ is 0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.00
Correlation (All Time) Calculated using the full available price history since Oct 25, 2024	-0.01

Return for Risk

ETU vs. BILZ — Risk / Return Rank

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

ETU

ETU Risk / Return Rank: 4
ETU Sharpe Ratio Rank: 4
ETU Sortino Ratio Rank: 5
ETU Omega Ratio Rank: 5
ETU Calmar Ratio Rank: 2
ETU Martin Ratio Rank: 3

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.

ETU vs. BILZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-Rex 2X Long Ether Daily Target ETF (ETU) 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.

	ETU	BILZ	Difference
Sharpe ratio: Return per unit of total volatility	-0.56	19.07	-19.63
Sortino ratio: Return per unit of downside risk	-0.50	125.20	-125.70
Omega ratio: Gain probability vs. loss probability	0.94	53.29	-52.34
Calmar ratio: Return relative to maximum drawdown	-0.83	198.46	-199.29
Martin ratio: Return relative to average drawdown	-1.21	2,000.09	-2,001.30
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ETU vs. BILZ - Sharpe Ratio Comparison

The current ETU Sharpe Ratio is -0.56, which is lower than the BILZ Sharpe Ratio of 19.07. The chart below compares the historical Sharpe Ratios of ETU and BILZ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ETU	BILZ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.56	19.07	-19.63
Sharpe Ratio (All Time) Calculated using the full available price history	-0.47	10.48	-10.95

Drawdowns

ETU vs. BILZ - Drawdown Comparison

The maximum ETU drawdown since its inception was -93.19%, which is greater than BILZ's maximum drawdown of -0.52%. Use the drawdown chart below to compare losses from any high point for ETU and BILZ.

Drawdown Indicators

	ETU	BILZ	Difference
Max Drawdown Largest peak-to-trough decline	-93.19%	-0.52%	-92.67%
Max Drawdown (1Y) Largest decline over 1 year	-91.69%	-0.02%	-91.67%
Current Drawdown Current decline from peak	-93.19%	0.00%	-93.19%
Average Drawdown Average peak-to-trough decline	-62.47%	-0.01%	-62.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	62.34%	0.00%	+62.34%

Volatility

ETU vs. BILZ - Volatility Comparison

T-Rex 2X Long Ether Daily Target ETF (ETU) has a higher volatility of 20.14% compared to PIMCO Ultra Short Government Active Exchange-Traded Fund (BILZ) at 0.07%. This indicates that ETU'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

	ETU	BILZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.14%	0.07%	+20.07%
Volatility (6M) Calculated over the trailing 6-month period	91.27%	0.14%	+91.13%
Volatility (1Y) Calculated over the trailing 1-year period	136.32%	0.21%	+136.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	145.77%	0.43%	+145.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	145.77%	0.43%	+145.34%

ETU vs. BILZ - Expense Ratio Comparison

ETU has a 0.95% expense ratio, which is higher than BILZ's 0.14% expense ratio.

Dividends

ETU vs. BILZ - Dividend Comparison

ETU's dividend yield for the trailing twelve months is around 0.01%, less than BILZ's 4.07% yield.

Position	TTM	2025	2024	2023
BILZ PIMCO Ultra Short Government Active Exchange-Traded Fund	4.07%	4.19%	4.95%	2.23%
ETU T-Rex 2X Long Ether Daily Target ETF	0.01%	0.00%	0.05%	0.00%

Frequently Asked Questions

Can I hold both ETU and BILZ in my portfolio?

ETU and BILZ have a correlation of 0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ETU or BILZ?

ETU has higher volatility (20.14%) compared to BILZ (0.07%). In terms of maximum drawdown, ETU dropped -93.19% vs BILZ's -0.52%.

Which ETF is better, ETU or BILZ?

On 1-year performance, BILZ leads with 3.91% vs -75.56% for ETU. On fees, BILZ is cheaper at 0.14% per year. On volatility, BILZ has been the lower-risk option at 0.07%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ETU or BILZ?

Over the 1-year period, BILZ has performed better with a 3.91% return vs -75.56%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ETU or BILZ?

BILZ is cheaper with a 0.14% expense ratio, compared with 0.95% for ETU.

Which ETF pays a higher dividend yield, ETU or BILZ?

BILZ has the higher dividend yield at 4.07%, compared with 0.01% for ETU.

What is the main difference between ETU and BILZ?

ETU is categorized as Leveraged Cryptocurrency, while BILZ is Ultrashort Bond. They also come from different issuers: REX Shares and PIMCO. Their fees differ too: 0.95% for ETU and 0.14% for BILZ.

Which has better risk-adjusted returns?

BILZ currently has the higher Sharpe Ratio (19.07 vs -0.56), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.