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BSCN vs. HYS
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


BSCNHYS

Correlation

0.12
-1.001.00

The correlation between BSCN and HYS is 0.12, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Performance

BSCN vs. HYS - Performance Comparison

The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


32.00%34.00%36.00%38.00%40.00%42.00%44.00%46.00%OctoberNovemberDecember2024FebruaryMarch
43.24%
45.18%
BSCN
HYS

Compare stocks, funds, or ETFs


Invesco BulletShares 2023 Corporate Bond ETF

PIMCO 0-5 Year High Yield Corporate Bond Index ETF

BSCN vs. HYS - Expense Ratio Comparison

BSCN has a 0.10% expense ratio, which is lower than HYS's 0.56% expense ratio.

HYS
PIMCO 0-5 Year High Yield Corporate Bond Index ETF
0.50%1.00%1.50%2.00%0.56%

Risk-Adjusted Performance

BSCN vs. HYS - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2023 Corporate Bond ETF (BSCN) and PIMCO 0-5 Year High Yield Corporate Bond Index ETF (HYS). 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.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
BSCN
Invesco BulletShares 2023 Corporate Bond ETF
4.85
HYS
PIMCO 0-5 Year High Yield Corporate Bond Index ETF
2.43

BSCN vs. HYS - Sharpe Ratio Comparison

The current BSCN Sharpe Ratio is 4.85, which is higher than the HYS Sharpe Ratio of 2.43. The chart below compares the 12-month rolling Sharpe Ratio of BSCN and HYS.


Rolling 12-month Sharpe Ratio1.002.003.004.005.006.007.00OctoberNovemberDecember2024FebruaryMarch
4.85
2.43
BSCN
HYS

Dividends

BSCN vs. HYS - Dividend Comparison

BSCN has not paid dividends to shareholders, while HYS's dividend yield for the trailing twelve months is around 6.62%.


TTM20232022202120202019201820172016201520142013
BSCN
Invesco BulletShares 2023 Corporate Bond ETF
3.11%3.69%1.51%1.56%2.36%2.92%2.88%2.67%2.88%2.88%0.72%0.00%
HYS
PIMCO 0-5 Year High Yield Corporate Bond Index ETF
6.62%6.44%5.01%3.74%4.52%4.98%4.97%5.01%5.13%5.22%5.42%4.59%

Drawdowns

BSCN vs. HYS - Drawdown Comparison


-2.50%-2.00%-1.50%-1.00%-0.50%0.00%OctoberNovemberDecember2024FebruaryMarch
-0.38%
0
BSCN
HYS

Volatility

BSCN vs. HYS - Volatility Comparison

The current volatility for Invesco BulletShares 2023 Corporate Bond ETF (BSCN) is 0.00%, while PIMCO 0-5 Year High Yield Corporate Bond Index ETF (HYS) has a volatility of 1.05%. This indicates that BSCN experiences smaller price fluctuations and is considered to be less risky than HYS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%0.50%1.00%1.50%2.00%OctoberNovemberDecember2024FebruaryMarch0
1.05%
BSCN
HYS