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Invesco BulletShares 2024 Municipal Bond ETF (BSMO)

ETF · Currency in USD · Last updated Aug 6, 2022

BSMO is a passive ETF by Invesco tracking the investment results of the Invesco BulletShares Municipal Bond 2024 Index. BSMO launched on Sep 25, 2019 and has a 0.18% expense ratio.

ETF Info

IssuerInvesco
Inception DateSep 25, 2019
RegionNorth America (U.S.)
CategoryMunicipal Bonds
Expense Ratio0.18%
Index TrackedInvesco BulletShares Municipal Bond 2024 Index
Asset ClassBond

Trading Data

Previous Close$25.04
Year Range$24.56 - $25.74
EMA (50)$24.95
EMA (200)$25.15
Average Volume$38.77K

BSMOShare Price Chart


Chart placeholderClick Calculate to get results

BSMOPerformance

The chart shows the growth of $10,000 invested in Invesco BulletShares 2024 Municipal Bond ETF in Sep 2019 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $10,163 for a total return of roughly 1.63%. All prices are adjusted for splits and dividends.


-20.00%-15.00%-10.00%-5.00%0.00%MarchAprilMayJuneJulyAugust
-0.92%
-9.64%
BSMO (Invesco BulletShares 2024 Municipal Bond ETF)
Benchmark (^GSPC)

BSMOReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M0.52%8.19%
6M-1.04%-7.42%
YTD-2.34%-13.03%
1Y-2.71%-5.85%
5Y0.57%12.16%
10Y0.57%12.16%

BSMOMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2022-1.44%-0.30%-1.28%-0.98%1.07%-0.12%0.95%-0.25%
20210.51%-0.69%0.40%0.40%-0.10%0.08%0.26%0.15%-0.34%-0.07%0.12%-0.06%
20201.04%0.43%-2.67%-0.56%2.80%0.36%0.43%0.24%0.08%-0.11%0.35%0.35%
20190.00%0.12%0.15%0.43%

BSMOSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Invesco BulletShares 2024 Municipal Bond ETF Sharpe ratio is -1.54. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-3.00-2.00-1.000.001.00MarchAprilMayJuneJulyAugust
-1.54
-0.31
BSMO (Invesco BulletShares 2024 Municipal Bond ETF)
Benchmark (^GSPC)

BSMODividend History

Invesco BulletShares 2024 Municipal Bond ETF granted a 0.58% dividend yield in the last twelve months. The annual payout for that period amounted to $0.14 per share.


PeriodTTM202120202019
Dividend$0.14$0.15$0.08$0.08

Dividend yield

0.58%0.58%0.31%0.33%

BSMODrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-20.00%-15.00%-10.00%-5.00%0.00%SeptemberOctoberNovemberDecember2022FebruaryMarchAprilMayJuneJulyAugust
-2.73%
-13.58%
BSMO (Invesco BulletShares 2024 Municipal Bond ETF)
Benchmark (^GSPC)

BSMOWorst Drawdowns

The table below shows the maximum drawdowns of the Invesco BulletShares 2024 Municipal Bond ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Invesco BulletShares 2024 Municipal Bond ETF is 9.17%, recorded on Mar 23, 2020. It took 86 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-9.17%Mar 10, 202010Mar 23, 202086Jul 24, 202096
-4.6%Aug 6, 2021197May 17, 2022
-0.78%Feb 19, 20215Feb 25, 202134Apr 15, 202139
-0.56%Aug 14, 202047Oct 20, 202024Nov 23, 202071
-0.35%Oct 18, 201919Nov 13, 20195Nov 20, 201924
-0.27%Jul 27, 20205Jul 31, 20202Aug 4, 20207
-0.26%Feb 3, 20203Feb 5, 20209Feb 19, 202012
-0.25%Apr 30, 202114May 19, 202111Jun 4, 202125
-0.21%Dec 17, 20201Dec 17, 20203Dec 22, 20204
-0.21%Jun 16, 20214Jun 21, 202110Jul 6, 202114

BSMOVolatility Chart

Current Invesco BulletShares 2024 Municipal Bond ETF volatility is 3.30%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


0.00%10.00%20.00%30.00%40.00%MarchAprilMayJuneJulyAugust
3.30%
19.67%
BSMO (Invesco BulletShares 2024 Municipal Bond ETF)
Benchmark (^GSPC)