BSCT vs. WOBDX
Compare and contrast key facts about Invesco BulletShares 2029 Corporate Bond ETF (BSCT) and JPMorgan Core Bond Fund (WOBDX).
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. WOBDX is managed by JPMorgan Chase. It was launched on May 31, 1991.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BSCT or WOBDX.
Key characteristics
| BSCT | WOBDX | |
|---|---|---|
| YTD Return | 4.19% | 3.96% |
| 1Y Return | 11.89% | 11.34% |
| 3Y Return (Ann) | -0.56% | -1.21% |
| 5Y Return (Ann) | 1.53% | 0.62% |
| Sharpe Ratio | 2.39 | 1.81 |
| Sortino Ratio | 3.68 | 2.69 |
| Omega Ratio | 1.47 | 1.32 |
| Calmar Ratio | 0.77 | 0.68 |
| Martin Ratio | 12.92 | 8.25 |
| Ulcer Index | 0.89% | 1.30% |
| Daily Std Dev | 4.82% | 5.94% |
| Max Drawdown | -19.16% | -16.65% |
| Current Drawdown | -3.58% | -4.89% |
Correlation
The correlation between BSCT and WOBDX is 0.84, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
BSCT vs. WOBDX - Performance Comparison
In the year-to-date period, BSCT achieves a 4.19% return, which is significantly higher than WOBDX's 3.96% 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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BSCT vs. WOBDX - Expense Ratio Comparison
BSCT has a 0.10% expense ratio, which is lower than WOBDX's 0.50% expense ratio.
Risk-Adjusted Performance
BSCT vs. WOBDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2029 Corporate Bond ETF (BSCT) and JPMorgan Core Bond Fund (WOBDX). 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. WOBDX - Dividend Comparison
BSCT's dividend yield for the trailing twelve months is around 4.34%, more than WOBDX's 3.78% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BSCT Invesco BulletShares 2029 Corporate Bond ETF | 4.34% | 3.89% | 2.65% | 1.91% | 2.24% | 0.86% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WOBDX JPMorgan Core Bond Fund | 3.78% | 3.51% | 2.68% | 2.82% | 4.00% | 3.23% | 2.91% | 2.88% | 2.84% | 2.34% | 2.65% | 3.30% |
Drawdowns
BSCT vs. WOBDX - Drawdown Comparison
The maximum BSCT drawdown since its inception was -19.16%, which is greater than WOBDX's maximum drawdown of -16.65%. Use the drawdown chart below to compare losses from any high point for BSCT and WOBDX. For additional features, visit the drawdowns tool.
Volatility
BSCT vs. WOBDX - Volatility Comparison
The current volatility for Invesco BulletShares 2029 Corporate Bond ETF (BSCT) is 0.94%, while JPMorgan Core Bond Fund (WOBDX) has a volatility of 1.23%. This indicates that BSCT experiences smaller price fluctuations and is considered to be less risky than WOBDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.