UDI vs. BILZ

Last updated Jun 23, 2026

UDI (USCF ESG Dividend Income Fund) and BILZ (PIMCO Ultra Short Government Active Exchange-Traded Fund) are both exchange-traded funds - UDI is a Large Cap Value Equities fund actively managed by USCF Advisers, while BILZ is a Ultrashort Bond fund actively managed by PIMCO. Both are actively managed. Over the past 3 years, UDI returned 16.92%/yr vs 4.67%/yr for BILZ. At a correlation of -0.01, they often move in opposite directions. UDI charges 0.65%/yr vs 0.14%/yr for BILZ.

Performance

UDI vs. BILZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in USCF ESG Dividend Income Fund (UDI) 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, UDI achieves a 11.29% return, which is significantly higher than BILZ's 1.64% return.

UDI

• 1D: 0.99%
• 1M: 0.69%
• YTD: 11.29%
• 6M: 10.89%
• 1Y: 23.88%
• 3Y*: 16.92%
• 5Y*: —
• 10Y*: —

BILZ

• 1D: 0.00%
• 1M: 0.25%
• YTD: 1.64%
• 6M: 1.75%
• 1Y: 3.89%
• 3Y*: 4.67%
• 5Y*: —
• 10Y*: —

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

UDI vs. BILZ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
UDI USCF ESG Dividend Income Fund	11.29%	14.23%	17.07%	5.91%
BILZ PIMCO Ultra Short Government Active Exchange-Traded Fund	1.64%	4.21%	5.25%	2.87%

Correlation

The correlation between UDI and BILZ is -0.07, 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	-0.07
Correlation (3Y) Calculated over the trailing 3-year period	-0.01
Correlation (All Time) Calculated using the full available price history since Jun 22, 2023	-0.01

Return for Risk

UDI vs. BILZ — Risk / Return Rank

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

UDI

UDI Risk / Return Rank: 78
UDI Sharpe Ratio Rank: 76
UDI Sortino Ratio Rank: 78
UDI Omega Ratio Rank: 71
UDI Calmar Ratio Rank: 83
UDI Martin Ratio Rank: 82

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.

UDI vs. BILZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for USCF ESG Dividend Income Fund (UDI) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	UDI	BILZ	Difference
Sharpe ratio: Return per unit of total volatility	2.34	18.70	-16.36
Sortino ratio: Return per unit of downside risk	3.33	118.69	-115.36
Omega ratio: Gain probability vs. loss probability	1.40	47.43	-46.03
Calmar ratio: Return relative to maximum drawdown	4.24	197.44	-193.20
Martin ratio: Return relative to average drawdown	16.04	1,898.07	-1,882.04

UDI vs. BILZ - Sharpe Ratio Comparison

The current UDI Sharpe Ratio is 2.34, which is lower than the BILZ Sharpe Ratio of 18.70. The chart below compares the historical Sharpe Ratios of UDI 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.

Drawdowns

UDI vs. BILZ - Drawdown Comparison

The maximum UDI drawdown since its inception was -14.17%, which is greater than BILZ's maximum drawdown of -0.52%. Use the drawdown chart below to compare losses from any high point for UDI and BILZ.

Drawdown Indicators

	UDI	BILZ	Difference
Max Drawdown Largest peak-to-trough decline	-14.17%	-0.52%	-13.65%
Max Drawdown (1Y) Largest decline over 1 year	-5.66%	-0.02%	-5.64%
Max Drawdown (3Y) Largest decline over 3 years	-14.17%	-0.17%	-14.00%
Current Drawdown Current decline from peak	-1.65%	0.00%	-1.65%
Average Drawdown Average peak-to-trough decline	-3.07%	-0.01%	-3.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.49%	0.00%	+1.49%

Volatility

UDI vs. BILZ - Volatility Comparison

USCF ESG Dividend Income Fund (UDI) has a higher volatility of 3.33% compared to PIMCO Ultra Short Government Active Exchange-Traded Fund (BILZ) at 0.07%. This indicates that UDI'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

	UDI	BILZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.33%	0.07%	+3.26%
Volatility (6M) Calculated over the trailing 6-month period	7.17%	0.14%	+7.03%
Volatility (1Y) Calculated over the trailing 1-year period	10.29%	0.21%	+10.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.02%	0.52%	+13.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.02%	0.52%	+13.50%

UDI vs. BILZ - Expense Ratio Comparison

UDI has a 0.65% expense ratio, which is higher than BILZ's 0.14% expense ratio.

Dividends

UDI vs. BILZ - Dividend Comparison

UDI's dividend yield for the trailing twelve months is around 2.45%, less than BILZ's 4.07% yield.

Position	TTM	2025	2024	2023	2022
BILZ PIMCO Ultra Short Government Active Exchange-Traded Fund	4.07%	4.19%	4.95%	2.23%	0.00%
UDI USCF ESG Dividend Income Fund	2.45%	2.42%	5.33%	2.61%	1.79%

Frequently Asked Questions

Can I hold both UDI and BILZ in my portfolio?

UDI and BILZ have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, UDI or BILZ?

UDI has higher volatility (3.33%) compared to BILZ (0.07%). In terms of maximum drawdown, UDI dropped -14.17% vs BILZ's -0.52%.

Which ETF is better, UDI or BILZ?

On 3-year performance, UDI leads with 16.92% vs 4.67% for BILZ. 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, UDI or BILZ?

Over the 3-year period, UDI has performed better with a 16.92% return vs 4.67%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, UDI or BILZ?

BILZ is cheaper with a 0.14% expense ratio, compared with 0.65% for UDI.

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

BILZ has the higher dividend yield at 4.07%, compared with 2.45% for UDI.

What is the main difference between UDI and BILZ?

UDI is categorized as Large Cap Value Equities, while BILZ is Ultrashort Bond. They also come from different issuers: USCF Advisers and PIMCO. Their fees differ too: 0.65% for UDI and 0.14% for BILZ.

Which has better risk-adjusted returns?

BILZ currently has the higher Sharpe Ratio (18.70 vs 2.34), 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.