Invesco High Yield Systematic Bond ETF (GTOQ) belongs to the High Yield Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with GTOQ. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to GTOQ
GTOQ charges 0.39% annually. There are 42 ETFs in the High Yield Bonds category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Schwab High Yield Bond ETF | 0.03% | 2.75B | Jul 2023 | GTOQ vs SCYB | |
| SPDR Portfolio High Yield Bond ETF | 0.05% | 11.60B | Jun 2012 | GTOQ vs SPHY | |
| Nuveen High Yield Corporate Bond ETF | 0.08% | 1.70B | Sep 2025 | GTOQ vs NHYB | |
| iShares Broad USD High Yield Corporate Bond ETF | 0.15% | 28.59B | Oct 2017 | GTOQ vs USHY | |
| JPMorgan BetaBuilders USD High Yield Corporate Bon... | 0.15% | 615.72M | Sep 2016 | GTOQ vs BBHY |
Best Risk-Adjusted Alternatives to GTOQ
GTOQ has a PortfoliosLab risk / return rank of 63. There are 60 ETFs in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco BulletShares 2026 High Yield Corp Bond ETF | 96 | 870.26M | Aug 2018 | GTOQ vs BSJQ | |
| Virtus Seix Senior Loan ETF | 96 | 251.21M | Apr 2019 | GTOQ vs SEIX | |
| WisdomTree Interest Rate Hedged High Yield Bond Fu... | 92 | 259.69M | Dec 2013 | GTOQ vs HYZD | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | 90 | 865.81M | Sep 2019 | GTOQ vs BSJR | |
| iShares iBonds 1-5 Year High Yield and Income Ladd... | 90 | 22.57M | Nov 2024 | GTOQ vs LDRH |
Top Performing GTOQ Alternatives (YTD)
GTOQ is at 1.80% YTD. There are 45 ETFs in the High Yield Bonds category with higher YTD returns, going as high as 6.35%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Digital Asset Debt Strategy ETF | 6.35% | — | Aug 2025 | GTOQ vs DADS | |
| Man Active High Yield ETF | 5.89% | 19.82M | Sep 2025 | GTOQ vs MHY | |
| VanEck Vectors Emerging Markets High Yield Bond ET... | 4.23% | 521.46M | May 2012 | GTOQ vs HYEM | |
| ProShares High Yield-Interest Rate Hedged | 4.07% | 185.42M | May 2013 | GTOQ vs HYHG | |
| iShares Interest Rate Hedged High Yield Bond ETF | 3.69% | 596.69M | May 2014 | GTOQ vs HYGH |
Lowest Volatility Alternatives to GTOQ
GTOQ has 3.62% 1-year volatility. There are 51 ETFs in the High Yield Bonds category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Xtrackers J.P. Morgan ESG USD High Yield Corporate... | 0.00% | 6.49M | Mar 2015 | GTOQ vs ESHY | |
| Invesco BulletShares 2026 High Yield Corp Bond ETF | 1.30% | 870.26M | Aug 2018 | GTOQ vs BSJQ | |
| Virtus Seix Senior Loan ETF | 1.63% | 251.21M | Apr 2019 | GTOQ vs SEIX | |
| State Street My2027 High Yield Corporate Bond ETF | 1.73% | 4.98M | Feb 2026 | GTOQ vs MYHA | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | 1.95% | 865.81M | Sep 2019 | GTOQ vs BSJR |
Lowest Drawdown Alternatives to GTOQ
GTOQ has a 1-year max drawdown of -2.95%. There are 68 ETFs in the High Yield Bonds category with shallower 1-year drawdowns, going as shallow as -0.54%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco BulletShares 2026 High Yield Corp Bond ETF | -0.54% | 870.26M | Aug 2018 | GTOQ vs BSJQ | |
| iShares iBonds 2027 Term High Yield and Income ETF | -0.73% | 507.25M | Jul 2021 | GTOQ vs IBHG | |
| Virtus Seix Senior Loan ETF | -1.13% | 251.21M | Apr 2019 | GTOQ vs SEIX | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | -1.16% | 865.81M | Sep 2019 | GTOQ vs BSJR | |
| iShares iBonds 2028 Term High Yield and Income ETF | -1.22% | 457.18M | Mar 2022 | GTOQ vs IBHH |
Other ETFs from Invesco
The 10 most viewed Invesco ETFs shown here include QQQ, SPMO, QQQM and span 12 categories. AUM among these funds goes as high as $453B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Invesco QQQ ETF | Nasdaq-100 | 49 | 12.26% | 452.80B | Mar 1999 | GTOQ vs QQQ | |
| Invesco S&P 500 Momentum ETF | Momentum, S&P 500 | 46 | 21.07% | 21.05B | Oct 2015 | GTOQ vs SPMO | |
| Invesco NASDAQ 100 ETF | Nasdaq-100 | 49 | 12.29% | 97.11B | Oct 2020 | GTOQ vs QQQM | |
| Invesco S&P 500 Equal Weight ETF | S&P 500, Equal Weight | 73 | 13.16% | 96.96B | Apr 2003 | GTOQ vs RSP | |
| Invesco PHLX Semiconductor ETF | Semiconductors, Technology Equities | 88 | 59.97% | 2.58B | Jun 2021 | GTOQ vs SOXQ | |
| Invesco S&P 500 Quality ETF | Quality Factor, S&P 500, Large Cap Blend Equities | 62 | 13.51% | 19.45B | Dec 2005 | GTOQ vs SPHQ | |
| Invesco S&P 500 Top 50 ETF | S&P 500 | 35 | 2.89% | 10.56B | May 2005 | GTOQ vs XLG | |
| Invesco S&P 500® High Dividend Low Volatility ETF | Dividend, S&P 500, Low Volatility | 53 | 12.28% | 4.04B | Oct 2012 | GTOQ vs SPHD | |
| Invesco S&P MidCap Momentum ETF | Momentum, Mid Cap Growth Equities | 39 | 11.79% | 7.18B | Mar 2005 | GTOQ vs XMMO | |
| Invesco S&P International Developed Momentum ETF | Momentum, Foreign Large Cap Equities | 55 | 10.66% | 4.08B | Feb 2012 | GTOQ vs IDMO |
Often Compared With GTOQ
Investors most often compare GTOQ with IBHE, BSJO, PPA. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare GTOQ with Any Fund or Stock
Compare GTOQ with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair GTOQ with funds that move differently
Invesco High Yield Systematic Bond ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to GTOQ.
Explore GTOQ Diversifiers