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BSJO vs. EIFAX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BSJO and EIFAX is 0.22, 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.


-0.50.00.51.00.2

Performance

BSJO vs. EIFAX - 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 Eaton Vance Floating-Rate Advantage Fund (EIFAX). The values are adjusted to include any dividend payments, if applicable.

35.00%40.00%45.00%50.00%JulyAugustSeptemberOctoberNovemberDecember
38.35%
53.12%
BSJO
EIFAX

Key characteristics

Sharpe Ratio

BSJO:

5.47

EIFAX:

3.19

Sortino Ratio

BSJO:

9.96

EIFAX:

9.43

Omega Ratio

BSJO:

2.53

EIFAX:

2.88

Calmar Ratio

BSJO:

17.21

EIFAX:

11.21

Martin Ratio

BSJO:

94.69

EIFAX:

51.43

Ulcer Index

BSJO:

0.06%

EIFAX:

0.17%

Daily Std Dev

BSJO:

1.04%

EIFAX:

2.81%

Max Drawdown

BSJO:

-21.99%

EIFAX:

-38.15%

Current Drawdown

BSJO:

0.00%

EIFAX:

-0.30%

Returns By Period

In the year-to-date period, BSJO achieves a 5.37% return, which is significantly lower than EIFAX's 7.43% return.


BSJO

YTD

5.37%

1M

0.27%

6M

2.26%

1Y

5.48%

5Y*

2.86%

10Y*

N/A

EIFAX

YTD

7.43%

1M

-0.10%

6M

3.76%

1Y

8.85%

5Y*

5.24%

10Y*

5.13%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


BSJO vs. EIFAX - Expense Ratio Comparison

BSJO has a 0.42% expense ratio, which is lower than EIFAX's 0.47% expense ratio.


EIFAX
Eaton Vance Floating-Rate Advantage Fund
Expense ratio chart for EIFAX: current value at 0.47% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.47%
Expense ratio chart for BSJO: current value at 0.42% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.42%

Risk-Adjusted Performance

BSJO vs. EIFAX - 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 Eaton Vance Floating-Rate Advantage Fund (EIFAX). 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 market0.002.004.005.543.19
The chart of Sortino ratio for BSJO, currently valued at 10.15, compared to the broader market-2.000.002.004.006.008.0010.0010.159.43
The chart of Omega ratio for BSJO, currently valued at 2.58, compared to the broader market0.501.001.502.002.503.002.582.88
The chart of Calmar ratio for BSJO, currently valued at 17.34, compared to the broader market0.005.0010.0015.0017.3411.21
The chart of Martin ratio for BSJO, currently valued at 95.39, compared to the broader market0.0020.0040.0060.0080.00100.0095.3951.43
BSJO
EIFAX

The current BSJO Sharpe Ratio is 5.47, which is higher than the EIFAX Sharpe Ratio of 3.19. The chart below compares the historical Sharpe Ratios of BSJO and EIFAX, 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 Ratio3.003.504.004.505.005.50JulyAugustSeptemberOctoberNovemberDecember
5.54
3.19
BSJO
EIFAX

Dividends

BSJO vs. EIFAX - Dividend Comparison

BSJO's dividend yield for the trailing twelve months is around 5.38%, less than EIFAX's 8.65% yield.


TTM20232022202120202019201820172016201520142013
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%0.00%0.00%0.00%
EIFAX
Eaton Vance Floating-Rate Advantage Fund
8.65%9.33%5.92%4.03%4.52%5.58%5.10%4.46%5.03%5.29%4.79%4.82%

Drawdowns

BSJO vs. EIFAX - Drawdown Comparison

The maximum BSJO drawdown since its inception was -21.99%, smaller than the maximum EIFAX drawdown of -38.15%. Use the drawdown chart below to compare losses from any high point for BSJO and EIFAX. For additional features, visit the drawdowns tool.


-0.80%-0.60%-0.40%-0.20%0.00%JulyAugustSeptemberOctoberNovemberDecember0
-0.30%
BSJO
EIFAX

Volatility

BSJO vs. EIFAX - Volatility Comparison

The current volatility for Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO) is 0.19%, while Eaton Vance Floating-Rate Advantage Fund (EIFAX) has a volatility of 0.31%. This indicates that BSJO experiences smaller price fluctuations and is considered to be less risky than EIFAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.20%0.40%0.60%0.80%1.00%1.20%JulyAugustSeptemberOctoberNovemberDecember
0.19%
0.31%
BSJO
EIFAX
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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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