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BSJO vs. BRK-B
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BSJO and BRK-B 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.


-0.50.00.51.00.5

Performance

BSJO vs. BRK-B - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO) and Berkshire Hathaway Inc. (BRK-B). The values are adjusted to include any dividend payments, if applicable.

50.00%100.00%150.00%200.00%JulyAugustSeptemberOctoberNovemberDecember
38.35%
210.88%
BSJO
BRK-B

Key characteristics

Sharpe Ratio

BSJO:

5.47

BRK-B:

1.90

Sortino Ratio

BSJO:

9.96

BRK-B:

2.69

Omega Ratio

BSJO:

2.53

BRK-B:

1.34

Calmar Ratio

BSJO:

17.21

BRK-B:

3.63

Martin Ratio

BSJO:

94.69

BRK-B:

8.89

Ulcer Index

BSJO:

0.06%

BRK-B:

3.10%

Daily Std Dev

BSJO:

1.04%

BRK-B:

14.48%

Max Drawdown

BSJO:

-21.99%

BRK-B:

-53.86%

Current Drawdown

BSJO:

0.00%

BRK-B:

-6.19%

Returns By Period

In the year-to-date period, BSJO achieves a 5.37% return, which is significantly lower than BRK-B's 27.07% return.


BSJO

YTD

5.37%

1M

0.27%

6M

2.26%

1Y

5.48%

5Y*

2.86%

10Y*

N/A

BRK-B

YTD

27.07%

1M

-3.33%

6M

10.64%

1Y

27.25%

5Y*

14.92%

10Y*

11.59%

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Risk-Adjusted Performance

BSJO vs. BRK-B - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO) and Berkshire Hathaway Inc. (BRK-B). 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.


Sharpe ratio
The chart of Sharpe ratio for BSJO, currently valued at 5.54, compared to the broader market0.002.004.005.541.90
The chart of Sortino ratio for BSJO, currently valued at 10.15, compared to the broader market-2.000.002.004.006.008.0010.0010.152.69
The chart of Omega ratio for BSJO, currently valued at 2.58, compared to the broader market0.501.001.502.002.503.002.581.34
The chart of Calmar ratio for BSJO, currently valued at 17.34, compared to the broader market0.005.0010.0015.0017.343.63
The chart of Martin ratio for BSJO, currently valued at 95.39, compared to the broader market0.0020.0040.0060.0080.00100.0095.398.89
BSJO
BRK-B

The current BSJO Sharpe Ratio is 5.47, which is higher than the BRK-B Sharpe Ratio of 1.90. The chart below compares the historical Sharpe Ratios of BSJO and BRK-B, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.002.003.004.005.006.00JulyAugustSeptemberOctoberNovemberDecember
5.54
1.90
BSJO
BRK-B

Dividends

BSJO vs. BRK-B - Dividend Comparison

BSJO's dividend yield for the trailing twelve months is around 5.38%, while BRK-B has not paid dividends to shareholders.


TTM20232022202120202019201820172016
BSJO
Invesco BulletShares 2024 High Yield Corporate Bond ETF
5.38%6.05%4.89%4.05%4.51%5.11%5.69%4.69%1.39%
BRK-B
Berkshire Hathaway Inc.
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

BSJO vs. BRK-B - Drawdown Comparison

The maximum BSJO drawdown since its inception was -21.99%, smaller than the maximum BRK-B drawdown of -53.86%. Use the drawdown chart below to compare losses from any high point for BSJO and BRK-B. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember0
-6.19%
BSJO
BRK-B

Volatility

BSJO vs. BRK-B - Volatility Comparison

The current volatility for Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO) is 0.19%, while Berkshire Hathaway Inc. (BRK-B) has a volatility of 3.82%. This indicates that BSJO experiences smaller price fluctuations and is considered to be less risky than BRK-B based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%7.00%JulyAugustSeptemberOctoberNovemberDecember
0.19%
3.82%
BSJO
BRK-B
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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