BSJN vs. JEPI
Compare and contrast key facts about Invesco BulletShares 2023 High Yield Corporate Bond ETF (BSJN) and JPMorgan Equity Premium Income ETF (JEPI).
BSJN and JEPI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BSJN is a passively managed fund by Invesco that tracks the performance of the NASDAQ BulletShares USD High Yield Corporate Bond 2023 Index. It was launched on Oct 7, 2015. JEPI is an actively managed fund by JPMorgan Chase. It was launched on May 20, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BSJN or JEPI.
Key characteristics
| BSJN | JEPI |
|---|
Correlation
The correlation between BSJN and JEPI is 0.54, 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
BSJN vs. JEPI - Performance Comparison
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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BSJN vs. JEPI - Expense Ratio Comparison
BSJN has a 0.42% expense ratio, which is higher than JEPI's 0.35% expense ratio.
Risk-Adjusted Performance
BSJN vs. JEPI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2023 High Yield Corporate Bond ETF (BSJN) and JPMorgan Equity Premium Income ETF (JEPI). 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
BSJN vs. JEPI - Dividend Comparison
BSJN has not paid dividends to shareholders, while JEPI's dividend yield for the trailing twelve months is around 7.43%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
BSJN Invesco BulletShares 2023 High Yield Corporate Bond ETF | 3.16% | 4.80% | 4.16% | 3.60% | 4.67% | 5.38% | 5.58% | 4.97% | 4.72% | 1.05% |
JEPI JPMorgan Equity Premium Income ETF | 7.43% | 8.40% | 11.68% | 6.59% | 5.79% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
BSJN vs. JEPI - Drawdown Comparison
Volatility
BSJN vs. JEPI - Volatility Comparison
The current volatility for Invesco BulletShares 2023 High Yield Corporate Bond ETF (BSJN) is 0.00%, while JPMorgan Equity Premium Income ETF (JEPI) has a volatility of 2.66%. This indicates that BSJN experiences smaller price fluctuations and is considered to be less risky than JEPI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.