BSJP vs. AUGZ

Last updated Jun 5, 2026

BSJP (Invesco BulletShares 2025 High Yield Corporate Bond ETF) and AUGZ (TrueShares Structured Outcome (August) ETF) are both exchange-traded funds - BSJP is a High Yield Bonds fund tracking the NASDAQ BulletShares USD High Yield Corporate Bond 2025 TR Index, while AUGZ is a Defined Outcome fund tracking the S&P 500 Index. Both are passively managed. A 0.60 correlation means they provide meaningful diversification when combined. BSJP charges 0.42%/yr vs 0.79%/yr for AUGZ.

Performance

BSJP vs. AUGZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco BulletShares 2025 High Yield Corporate Bond ETF (BSJP) and TrueShares Structured Outcome (August) ETF (AUGZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BSJP

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AUGZ

• 1D: 0.22%
• 1M: 3.89%
• YTD: 8.51%
• 6M: 8.48%
• 1Y: 21.10%
• 3Y*: 16.51%
• 5Y*: 10.88%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BSJP vs. AUGZ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
BSJP Invesco BulletShares 2025 High Yield Corporate Bond ETF	0.00%	4.46%	8.07%	10.41%	-5.16%	4.57%	5.49%
AUGZ TrueShares Structured Outcome (August) ETF	8.51%	13.49%	17.99%	17.32%	-10.41%	20.74%	11.28%

Correlation

The correlation between BSJP and AUGZ is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.07
Correlation (3Y) Calculated over the trailing 3-year period	0.37
Correlation (5Y) Calculated over the trailing 5-year period	0.57
Correlation (All Time) Calculated using the full available price history since Aug 4, 2020	0.60

The correlation between BSJP and AUGZ shifts across timeframes, from -0.07 (1 year) to 0.60 (all time), reflecting how their relationship changes across market environments.

Return for Risk

BSJP vs. AUGZ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AUGZ

AUGZ Risk / Return Rank: 67
AUGZ Sharpe Ratio Rank: 69
AUGZ Sortino Ratio Rank: 68
AUGZ Omega Ratio Rank: 68
AUGZ Calmar Ratio Rank: 60
AUGZ Martin Ratio Rank: 69

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BSJP vs. AUGZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2025 High Yield Corporate Bond ETF (BSJP) and TrueShares Structured Outcome (August) ETF (AUGZ). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	BSJP	AUGZ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.23	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.91	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	1.09	—

Drawdowns

Drawdown Indicators

	BSJP	AUGZ	Difference
Max Drawdown Largest peak-to-trough decline	—	-15.67%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-7.23%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-14.52%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-15.67%	—
Current Drawdown Current decline from peak	—	-0.33%	—
Average Drawdown Average peak-to-trough decline	—	-3.11%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.68%	—

Volatility

Volatility by Period

	BSJP	AUGZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.56%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.25%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	9.49%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	11.96%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	12.10%	—

BSJP vs. AUGZ - Expense Ratio Comparison

BSJP has a 0.42% expense ratio, which is lower than AUGZ's 0.79% expense ratio.

Dividends

BSJP vs. AUGZ - Dividend Comparison

BSJP's dividend yield for the trailing twelve months is around 2.26%, less than AUGZ's 3.34% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
AUGZ TrueShares Structured Outcome (August) ETF	3.34%	3.63%	4.08%	3.42%	0.41%	0.00%	0.00%	0.00%	0.00%	0.00%
BSJP Invesco BulletShares 2025 High Yield Corporate Bond ETF	2.26%	4.50%	6.25%	7.07%	5.37%	4.27%	4.96%	5.49%	5.84%	1.32%

Frequently Asked Questions

Can I hold both BSJP and AUGZ in my portfolio?

BSJP and AUGZ have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BSJP or AUGZ?

On fees, BSJP is cheaper at 0.42% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BSJP or AUGZ?

BSJP is cheaper with a 0.42% expense ratio, compared with 0.79% for AUGZ.

Which ETF pays a higher dividend yield, BSJP or AUGZ?

AUGZ has the higher dividend yield at 3.34%, compared with 2.26% for BSJP.

What is the main difference between BSJP and AUGZ?

BSJP is categorized as High Yield Bonds, while AUGZ is Defined Outcome. BSJP tracks NASDAQ BulletShares USD High Yield Corporate Bond 2025 TR Index, while AUGZ tracks S&P 500 Index. They also come from different issuers: Invesco and TrueShares. Their fees differ too: 0.42% for BSJP and 0.79% for AUGZ.