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BSCV vs. BSJV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BSCV and BSJV is 0.26, 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

BSCV vs. BSJV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco BulletShares 2031 Corporate Bond ETF (BSCV) and Invesco BulletShares 2031 High Yield Corporate Bond ETF (BSJV). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

BSCV:

1.32

BSJV:

1.15

Sortino Ratio

BSCV:

1.82

BSJV:

1.65

Omega Ratio

BSCV:

1.23

BSJV:

1.22

Calmar Ratio

BSCV:

0.53

BSJV:

1.43

Martin Ratio

BSCV:

4.37

BSJV:

5.78

Ulcer Index

BSCV:

1.55%

BSJV:

1.29%

Daily Std Dev

BSCV:

5.38%

BSJV:

6.60%

Max Drawdown

BSCV:

-23.27%

BSJV:

-5.22%

Current Drawdown

BSCV:

-5.67%

BSJV:

-0.12%

Returns By Period

In the year-to-date period, BSCV achieves a 3.09% return, which is significantly lower than BSJV's 3.28% return.


BSCV

YTD

3.09%

1M

0.80%

6M

2.79%

1Y

7.06%

3Y*

3.56%

5Y*

N/A

10Y*

N/A

BSJV

YTD

3.28%

1M

2.75%

6M

2.67%

1Y

7.55%

3Y*

N/A

5Y*

N/A

10Y*

N/A

*Annualized

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BSCV vs. BSJV - Expense Ratio Comparison

BSCV has a 0.10% expense ratio, which is lower than BSJV's 0.42% expense ratio.


Risk-Adjusted Performance

BSCV vs. BSJV — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BSCV
The Risk-Adjusted Performance Rank of BSCV is 8080
Overall Rank
The Sharpe Ratio Rank of BSCV is 8888
Sharpe Ratio Rank
The Sortino Ratio Rank of BSCV is 8787
Sortino Ratio Rank
The Omega Ratio Rank of BSCV is 8484
Omega Ratio Rank
The Calmar Ratio Rank of BSCV is 5858
Calmar Ratio Rank
The Martin Ratio Rank of BSCV is 8282
Martin Ratio Rank

BSJV
The Risk-Adjusted Performance Rank of BSJV is 8686
Overall Rank
The Sharpe Ratio Rank of BSJV is 8585
Sharpe Ratio Rank
The Sortino Ratio Rank of BSJV is 8585
Sortino Ratio Rank
The Omega Ratio Rank of BSJV is 8484
Omega Ratio Rank
The Calmar Ratio Rank of BSJV is 8888
Calmar Ratio Rank
The Martin Ratio Rank of BSJV is 8686
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

BSCV vs. BSJV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2031 Corporate Bond ETF (BSCV) and Invesco BulletShares 2031 High Yield Corporate Bond ETF (BSJV). 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.


The current BSCV Sharpe Ratio is 1.32, which is comparable to the BSJV Sharpe Ratio of 1.15. The chart below compares the historical Sharpe Ratios of BSCV and BSJV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

BSCV vs. BSJV - Dividend Comparison

BSCV's dividend yield for the trailing twelve months is around 4.84%, less than BSJV's 6.75% yield.


TTM2024202320222021
BSCV
Invesco BulletShares 2031 Corporate Bond ETF
4.84%4.87%4.47%3.43%0.73%
BSJV
Invesco BulletShares 2031 High Yield Corporate Bond ETF
6.75%6.67%1.62%0.00%0.00%

Drawdowns

BSCV vs. BSJV - Drawdown Comparison

The maximum BSCV drawdown since its inception was -23.27%, which is greater than BSJV's maximum drawdown of -5.22%. Use the drawdown chart below to compare losses from any high point for BSCV and BSJV. For additional features, visit the drawdowns tool.


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Volatility

BSCV vs. BSJV - Volatility Comparison

The current volatility for Invesco BulletShares 2031 Corporate Bond ETF (BSCV) is 1.35%, while Invesco BulletShares 2031 High Yield Corporate Bond ETF (BSJV) has a volatility of 1.76%. This indicates that BSCV experiences smaller price fluctuations and is considered to be less risky than BSJV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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