AUGZ vs. BSJP
Compare and contrast key facts about TrueShares Structured Outcome (August) ETF (AUGZ) and Invesco BulletShares 2025 High Yield Corporate Bond ETF (BSJP).
AUGZ and BSJP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AUGZ is a passively managed fund by TrueMark Investments that tracks the performance of the Cboe S&P 500 Buffer Protect Index August. It was launched on Jul 31, 2020. BSJP is a passively managed fund by Invesco that tracks the performance of the NASDAQ BulletShares USD High Yield Corporate Bond 2025 TR Index. It was launched on Sep 27, 2017. Both AUGZ and BSJP are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AUGZ or BSJP.
Key characteristics
| AUGZ | BSJP | |
|---|---|---|
| YTD Return | 14.33% | 6.15% |
| 1Y Return | 20.79% | 9.50% |
| 3Y Return (Ann) | 8.24% | 3.83% |
| Sharpe Ratio | 2.16 | 3.96 |
| Daily Std Dev | 9.64% | 2.40% |
| Max Drawdown | -15.67% | -23.58% |
| Current Drawdown | -0.78% | -0.09% |
Correlation
The correlation between AUGZ and BSJP is 0.70, 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.
Performance
AUGZ vs. BSJP - Performance Comparison
In the year-to-date period, AUGZ achieves a 14.33% return, which is significantly higher than BSJP's 6.15% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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AUGZ vs. BSJP - Expense Ratio Comparison
AUGZ has a 0.79% expense ratio, which is higher than BSJP's 0.42% expense ratio.
Risk-Adjusted Performance
AUGZ vs. BSJP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TrueShares Structured Outcome (August) ETF (AUGZ) and Invesco BulletShares 2025 High Yield Corporate Bond ETF (BSJP). 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.
Dividends
AUGZ vs. BSJP - Dividend Comparison
AUGZ's dividend yield for the trailing twelve months is around 2.99%, less than BSJP's 6.36% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
AUGZ TrueShares Structured Outcome (August) ETF | 2.99% | 3.42% | 0.41% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BSJP Invesco BulletShares 2025 High Yield Corporate Bond ETF | 6.36% | 7.07% | 5.37% | 4.27% | 4.96% | 5.49% | 5.84% | 1.32% |
Drawdowns
AUGZ vs. BSJP - Drawdown Comparison
The maximum AUGZ drawdown since its inception was -15.67%, smaller than the maximum BSJP drawdown of -23.58%. Use the drawdown chart below to compare losses from any high point for AUGZ and BSJP. For additional features, visit the drawdowns tool.
Volatility
AUGZ vs. BSJP - Volatility Comparison
TrueShares Structured Outcome (August) ETF (AUGZ) has a higher volatility of 3.07% compared to Invesco BulletShares 2025 High Yield Corporate Bond ETF (BSJP) at 0.62%. This indicates that AUGZ's price experiences larger fluctuations and is considered to be riskier than BSJP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.