Abstract-In this letter we not only show improvement in the performance but also in the reliability of 30nm thick biaxially strained SiGe (20%Ge) channel on Si p-MOSFETs. Compared to Si channel, strained SiGe channel allows larger hole mobility (µ h ) in the transport direction and alleviates charge flow towards the gate oxide. µ h enhancement by 40% in SiGe and 100% in Si-cap SiGe is observed compared to the Si hole universal mobility. A ~40% reduction in NBTI degradation, gate leakage and flicker noise (1/f) is observed which is attributed to a 4% increase in the hole-oxide barrier height (φ) in SiGe. Similar field acceleration factor (Γ) for threshold voltage shift (ΔV T ) and increase in noise (ΔS VG ) in Si and SiGe suggests identical degradation mechanisms.Index Terms-Gate leakage, p-MOSFET, negative bias temperature instability (NBTI), SiGe, Tight-Binding.