AVSU vs. BSJO
Compare and contrast key facts about Avantis Responsible U.S. Equity ETF (AVSU) and Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO).
AVSU and BSJO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AVSU is a passively managed fund by Avantis that tracks the performance of the Russell 3000 Index. It was launched on Mar 15, 2022. 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. Both AVSU and BSJO 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: AVSU or BSJO.
Key characteristics
| AVSU | BSJO | |
|---|---|---|
| YTD Return | 14.46% | 4.26% |
| 1Y Return | 26.53% | 6.84% |
| Sharpe Ratio | 1.83 | 4.35 |
| Daily Std Dev | 13.64% | 1.57% |
| Max Drawdown | -21.67% | -21.98% |
| Current Drawdown | -1.41% | 0.00% |
Correlation
The correlation between AVSU and BSJO is 0.65, 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
AVSU vs. BSJO - Performance Comparison
In the year-to-date period, AVSU achieves a 14.46% return, which is significantly higher than BSJO's 4.26% 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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AVSU vs. BSJO - Expense Ratio Comparison
AVSU has a 0.15% expense ratio, which is lower than BSJO's 0.42% expense ratio.
Risk-Adjusted Performance
AVSU vs. BSJO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis Responsible U.S. Equity ETF (AVSU) 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.
Dividends
AVSU vs. BSJO - Dividend Comparison
AVSU's dividend yield for the trailing twelve months is around 1.13%, less than BSJO's 5.89% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
AVSU Avantis Responsible U.S. Equity ETF | 1.13% | 1.22% | 0.99% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BSJO Invesco BulletShares 2024 High Yield Corporate Bond ETF | 5.39% | 6.05% | 4.89% | 4.05% | 4.51% | 5.11% | 5.69% | 4.87% | 1.39% |
Drawdowns
AVSU vs. BSJO - Drawdown Comparison
The maximum AVSU drawdown since its inception was -21.67%, roughly equal to the maximum BSJO drawdown of -21.98%. Use the drawdown chart below to compare losses from any high point for AVSU and BSJO. For additional features, visit the drawdowns tool.
Volatility
AVSU vs. BSJO - Volatility Comparison
Avantis Responsible U.S. Equity ETF (AVSU) has a higher volatility of 4.28% compared to Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO) at 0.28%. This indicates that AVSU's price experiences larger fluctuations and is considered to be riskier than BSJO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.