AUGZ vs. BSJP

Last updated Aug 2, 2026

AUGZ (TrueShares Structured Outcome (August) ETF) and BSJP (Invesco BulletShares 2025 High Yield Corporate Bond ETF) are both exchange-traded funds - AUGZ is a Defined Outcome fund tracking the S&P 500 Index, while BSJP is a High Yield Bonds fund tracking the NASDAQ BulletShares USD High Yield Corporate Bond 2025 TR Index. Both are passively managed. Their 0.59 correlation means they have sometimes moved together and sometimes differently. AUGZ charges 0.79%/yr vs 0.42%/yr for BSJP.

Performance

AUGZ vs. BSJP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TrueShares Structured Outcome (August) ETF (AUGZ) and Invesco BulletShares 2025 High Yield Corporate Bond ETF (BSJP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AUGZ

• 1D: 0.80%
• 1M: 0.15%
• 6M: 6.16%
• YTD: 7.11%
• 1Y: 15.39%
• 3Y*: 14.20%
• 5Y*: 9.79%
• 10Y*: —
• ALL TIME*: 12.49%

BSJP

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AUGZ TrueShares Structured Outcome (August) ETF	$28.12K	$49.05K	$654.57K

AUGZ vs. BSJP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
AUGZ TrueShares Structured Outcome (August) ETF	7.11%	13.49%	17.99%	17.32%	-10.41%	20.74%	11.22%
BSJP Invesco BulletShares 2025 High Yield Corporate Bond ETF	0.00%	4.46%	8.07%	10.41%	-5.16%	4.57%	5.32%

Correlation

The correlation between AUGZ and BSJP is -0.06, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.06
Correlation (3Y) Balances recent behavior with more history.	0.34
Correlation (5Y) Shows whether the relationship held over a longer period.	0.55
Correlation (All Time) Calculated using the full available price history since Aug 3, 2020	0.59

The correlation between AUGZ and BSJP shifts across timeframes, from -0.06 (1 year) to 0.59 (all time), reflecting how their relationship changes across market environments.

Return for Risk

AUGZ vs. BSJP — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

AUGZ

AUGZ Risk / Return Rank: 53
AUGZ Sharpe Ratio Rank: 52
AUGZ Sortino Ratio Rank: 50
AUGZ Omega Ratio Rank: 50
AUGZ Calmar Ratio Rank: 52
AUGZ Martin Ratio Rank: 60

BSJP

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

AUGZ vs. BSJP - Risk-Adjusted Trends 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AUGZ	BSJP	Difference
Sharpe ratio: Return per unit of total volatility	1.27	—	—
Sortino ratio: Return per unit of downside risk	1.80	—	—
Omega ratio: Gain probability vs. loss probability	1.22	—	—
Calmar ratio: Return relative to maximum drawdown	1.86	—	—
Martin ratio: Return relative to average drawdown	7.17	—	—

Drawdowns

Drawdown Indicators

	AUGZ	BSJP	Difference
Max Drawdown Largest peak-to-trough decline	-15.67%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-7.23%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-14.52%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-15.67%	—	—
Current Drawdown Current decline from peak	-1.62%	—	—
Average Drawdown Average peak-to-trough decline	-3.08%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	1.88%	—	—

Volatility

Volatility by Period

	AUGZ	BSJP	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.20%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.50%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.58%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.10%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.13%	—	—

AUGZ vs. BSJP - Expense Ratio Comparison

AUGZ has a 0.79% expense ratio, which is higher than BSJP's 0.42% expense ratio.

Dividends

AUGZ vs. BSJP - Dividend Comparison

AUGZ's dividend yield for the trailing twelve months is around 3.39%, more than BSJP's 1.52% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
AUGZ TrueShares Structured Outcome (August) ETF	3.39%	3.63%	4.08%	3.42%	0.41%	0.00%	0.00%	0.00%	0.00%	0.00%
BSJP Invesco BulletShares 2025 High Yield Corporate Bond ETF	1.52%	4.50%	6.25%	7.07%	5.37%	4.27%	4.96%	5.49%	5.84%	1.32%

Frequently Asked Questions

Can I hold both AUGZ and BSJP in my portfolio?

AUGZ and BSJP have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AUGZ or BSJP?

On fees, BSJP is cheaper at 0.42% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AUGZ or BSJP?

BSJP is cheaper with a 0.42% expense ratio, compared with 0.79% for AUGZ.

Which ETF pays a higher dividend yield, AUGZ or BSJP?

AUGZ has the higher dividend yield at 3.39%, compared with 1.52% for BSJP.

What is the main difference between AUGZ and BSJP?

AUGZ is categorized as Defined Outcome, while BSJP is High Yield Bonds. AUGZ tracks S&P 500 Index, while BSJP tracks NASDAQ BulletShares USD High Yield Corporate Bond 2025 TR Index. They also come from different issuers: TrueShares and Invesco. Their fees differ too: 0.79% for AUGZ and 0.42% for BSJP.