Correlation
The correlation between ACVF and BSJO is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
ACVF vs. BSJO
Compare and contrast key facts about American Conservative Values ETF (ACVF) and Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO).
ACVF and BSJO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ACVF is an actively managed fund by Ridgeline Research LLC. It was launched on Oct 29, 2020. BSJO is a passively managed fund by Invesco that tracks the performance of the NASDAQ BulletShares USD High Yield Corporate Bond 2024 TR Index. It was launched on Sep 14, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ACVF or BSJO.
Performance
ACVF vs. BSJO - Performance Comparison
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Key characteristics
Returns By Period
ACVF
3.23%
5.84%
-0.99%
13.88%
13.69%
N/A
N/A
BSJO
N/A
N/A
N/A
N/A
N/A
N/A
N/A
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ACVF vs. BSJO - Expense Ratio Comparison
ACVF has a 0.75% expense ratio, which is higher than BSJO's 0.42% expense ratio.
Risk-Adjusted Performance
ACVF vs. BSJO — Risk-Adjusted Performance Rank
ACVF
BSJO
ACVF vs. BSJO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Conservative Values ETF (ACVF) and Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO). 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.
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Dividends
ACVF vs. BSJO - Dividend Comparison
ACVF's dividend yield for the trailing twelve months is around 0.59%, while BSJO has not paid dividends to shareholders.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
---|---|---|---|---|---|---|---|---|---|---|
ACVF American Conservative Values ETF | 0.59% | 0.59% | 0.82% | 0.93% | 0.61% | 0.23% | 0.00% | 0.00% | 0.00% | 0.00% |
BSJO Invesco BulletShares 2024 High Yield Corporate Bond ETF | 2.85% | 5.38% | 6.05% | 4.89% | 4.05% | 4.51% | 5.11% | 5.69% | 4.69% | 1.39% |
Drawdowns
ACVF vs. BSJO - Drawdown Comparison
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Volatility
ACVF vs. BSJO - Volatility Comparison
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