BSCV vs. BSJV
Compare and contrast key facts about Invesco BulletShares 2031 Corporate Bond ETF (BSCV) and Invesco BulletShares 2031 High Yield Corporate Bond ETF (BSJV).
BSCV and BSJV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BSCV is a passively managed fund by Invesco that tracks the performance of the Invesco BulletShares Corporate Bond 2031 Index. It was launched on Sep 15, 2021. BSJV is a passively managed fund by Invesco that tracks the performance of the NASDAQ BulletShares USD Corporate Bond 2031. It was launched on Sep 11, 2023. Both BSCV and BSJV 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: BSCV or BSJV.
Correlation
The correlation between BSCV and BSJV is 0.66, 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
BSCV vs. BSJV - Performance Comparison
Key characteristics
BSCV:
0.61
BSJV:
1.04
BSCV:
0.88
BSJV:
1.51
BSCV:
1.11
BSJV:
1.18
BSCV:
0.24
BSJV:
2.07
BSCV:
1.93
BSJV:
5.30
BSCV:
1.69%
BSJV:
1.06%
BSCV:
5.36%
BSJV:
5.43%
BSCV:
-23.28%
BSJV:
-4.46%
BSCV:
-8.85%
BSJV:
-2.54%
Returns By Period
In the year-to-date period, BSCV achieves a 2.23% return, which is significantly lower than BSJV's 5.26% return.
BSCV
2.23%
-0.68%
2.10%
3.02%
N/A
N/A
BSJV
5.26%
-0.97%
3.24%
5.65%
N/A
N/A
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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 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.
Dividends
BSCV vs. BSJV - Dividend Comparison
BSCV's dividend yield for the trailing twelve months is around 4.49%, less than BSJV's 6.05% yield.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
BSCV Invesco BulletShares 2031 Corporate Bond ETF | 4.49% | 4.48% | 3.43% | 0.73% |
BSJV Invesco BulletShares 2031 High Yield Corporate Bond ETF | 6.05% | 1.62% | 0.00% | 0.00% |
Drawdowns
BSCV vs. BSJV - Drawdown Comparison
The maximum BSCV drawdown since its inception was -23.28%, which is greater than BSJV's maximum drawdown of -4.46%. Use the drawdown chart below to compare losses from any high point for BSCV and BSJV. For additional features, visit the drawdowns tool.
Volatility
BSCV vs. BSJV - Volatility Comparison
Invesco BulletShares 2031 Corporate Bond ETF (BSCV) has a higher volatility of 1.57% compared to Invesco BulletShares 2031 High Yield Corporate Bond ETF (BSJV) at 1.46%. This indicates that BSCV's price experiences larger fluctuations and is considered to be riskier than BSJV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.