BSJN vs. VWEAX
Compare and contrast key facts about Invesco BulletShares 2023 High Yield Corporate Bond ETF (BSJN) and Vanguard High-Yield Corporate Fund Admiral Shares (VWEAX).
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. VWEAX is managed by Vanguard. It was launched on Nov 12, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BSJN or VWEAX.
Key characteristics
| BSJN | VWEAX |
|---|
Correlation
The correlation between BSJN and VWEAX is 0.45, 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. VWEAX - 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. VWEAX - Expense Ratio Comparison
BSJN has a 0.42% expense ratio, which is higher than VWEAX's 0.13% expense ratio.
Risk-Adjusted Performance
BSJN vs. VWEAX - 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 Vanguard High-Yield Corporate Fund Admiral Shares (VWEAX). 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. VWEAX - Dividend Comparison
BSJN has not paid dividends to shareholders, while VWEAX's dividend yield for the trailing twelve months is around 5.57%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.00% | 0.00% |
VWEAX Vanguard High-Yield Corporate Fund Admiral Shares | 5.57% | 5.79% | 5.21% | 4.23% | 4.71% | 5.34% | 6.04% | 5.38% | 5.52% | 6.00% | 5.71% | 5.89% |
Drawdowns
BSJN vs. VWEAX - Drawdown Comparison
Volatility
BSJN vs. VWEAX - Volatility Comparison
The current volatility for Invesco BulletShares 2023 High Yield Corporate Bond ETF (BSJN) is 0.00%, while Vanguard High-Yield Corporate Fund Admiral Shares (VWEAX) has a volatility of 1.08%. This indicates that BSJN experiences smaller price fluctuations and is considered to be less risky than VWEAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.