BSCT vs. BSJU
Compare and contrast key facts about Invesco BulletShares 2029 Corporate Bond ETF (BSCT) and Invesco Bulletshares 2030 High Yield Corporate Bond ETF (BSJU).
BSCT and BSJU are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BSCT is a passively managed fund by Invesco that tracks the performance of the NASDAQ BulletShares USD Corporate Bond 2029 Index. It was launched on Sep 12, 2019. BSJU is a passively managed fund by Invesco that tracks the performance of the Invesco BulletShares High Yield Corporate Bond 2030 Index. It was launched on Sep 6, 2022. Both BSCT and BSJU 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: BSCT or BSJU.
Correlation
The correlation between BSCT and BSJU is 0.64, 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
BSCT vs. BSJU - Performance Comparison
Key characteristics
BSCT:
1.00
BSJU:
1.61
BSCT:
1.44
BSJU:
2.33
BSCT:
1.18
BSJU:
1.29
BSCT:
0.43
BSJU:
3.23
BSCT:
3.74
BSJU:
11.67
BSCT:
1.11%
BSJU:
0.69%
BSCT:
4.13%
BSJU:
4.97%
BSCT:
-19.14%
BSJU:
-7.51%
BSCT:
-4.60%
BSJU:
-2.04%
Returns By Period
In the year-to-date period, BSCT achieves a 3.06% return, which is significantly lower than BSJU's 7.46% return.
BSCT
3.06%
-0.11%
2.58%
4.05%
1.16%
N/A
BSJU
7.46%
-0.81%
3.74%
7.62%
N/A
N/A
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BSCT vs. BSJU - Expense Ratio Comparison
BSCT has a 0.10% expense ratio, which is lower than BSJU's 0.42% expense ratio.
Risk-Adjusted Performance
BSCT vs. BSJU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2029 Corporate Bond ETF (BSCT) and Invesco Bulletshares 2030 High Yield Corporate Bond ETF (BSJU). 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
BSCT vs. BSJU - Dividend Comparison
BSCT's dividend yield for the trailing twelve months is around 4.13%, less than BSJU's 6.39% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
---|---|---|---|---|---|---|
Invesco BulletShares 2029 Corporate Bond ETF | 4.13% | 3.88% | 2.66% | 1.94% | 2.23% | 0.86% |
Invesco Bulletshares 2030 High Yield Corporate Bond ETF | 6.39% | 6.74% | 2.38% | 0.00% | 0.00% | 0.00% |
Drawdowns
BSCT vs. BSJU - Drawdown Comparison
The maximum BSCT drawdown since its inception was -19.14%, which is greater than BSJU's maximum drawdown of -7.51%. Use the drawdown chart below to compare losses from any high point for BSCT and BSJU. For additional features, visit the drawdowns tool.
Volatility
BSCT vs. BSJU - Volatility Comparison
The current volatility for Invesco BulletShares 2029 Corporate Bond ETF (BSCT) is 1.12%, while Invesco Bulletshares 2030 High Yield Corporate Bond ETF (BSJU) has a volatility of 1.60%. This indicates that BSCT experiences smaller price fluctuations and is considered to be less risky than BSJU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.