BSJP vs. AVL

Last updated Jun 4, 2026

BSJP (Invesco BulletShares 2025 High Yield Corporate Bond ETF) and AVL (Direxion Daily AVGO Bull 2X Shares) 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 AVL is a Leveraged Equities fund actively managed by Direxion. BSJP is passively managed, while AVL is actively managed. At a 0.09 correlation, their price movements are largely independent. BSJP charges 0.42%/yr vs 1.04%/yr for AVL.

Performance

BSJP vs. AVL - 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 Direxion Daily AVGO Bull 2X Shares (AVL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BSJP

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

AVL

• 1D: -0.97%
• 1M: 29.70%
• YTD: 72.10%
• 6M: 38.64%
• 1Y: 167.73%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BSJP vs. AVL - Yearly Performance Comparison

	2026 (YTD)	2025	2024
BSJP Invesco BulletShares 2025 High Yield Corporate Bond ETF	0.00%	4.46%	1.40%
AVL Direxion Daily AVGO Bull 2X Shares	72.10%	54.38%	39.90%

Correlation

The correlation between BSJP and AVL is -0.18, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.18
Correlation (All Time) Calculated using the full available price history since Oct 11, 2024	0.09

The correlation between BSJP and AVL shifts across timeframes, from -0.18 (1 year) to 0.09 (all time), reflecting how their relationship changes across market environments.

BSJP vs. AVL - Sectors Allocation Comparison

Sectors	BSJP	AVL
Financial Services	95.2%	-
Industrials	4.7%	-
Energy	0.1%	-
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Healthcare	-	-
Real Estate	-	-
Technology	-	100.0%
Utilities	-	-

Return for Risk

BSJP vs. AVL — Risk / Return Rank

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

AVL

AVL Risk / Return Rank: 53
AVL Sharpe Ratio Rank: 58
AVL Sortino Ratio Rank: 52
AVL Omega Ratio Rank: 50
AVL Calmar Ratio Rank: 63
AVL Martin Ratio Rank: 43

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. AVL - 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 Direxion Daily AVGO Bull 2X Shares (AVL). 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	AVL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.97	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	1.18	—

Drawdowns

Drawdown Indicators

	BSJP	AVL	Difference
Max Drawdown Largest peak-to-trough decline	—	-70.63%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-53.69%	—
Current Drawdown Current decline from peak	—	-0.97%	—
Average Drawdown Average peak-to-trough decline	—	-23.38%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	24.00%	—

Volatility

Volatility by Period

	BSJP	AVL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	23.46%	—
Volatility (6M) Calculated over the trailing 6-month period	—	61.68%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	85.76%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	105.25%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	105.25%	—

BSJP vs. AVL - Expense Ratio Comparison

BSJP has a 0.42% expense ratio, which is lower than AVL's 1.04% expense ratio.

Dividends

BSJP vs. AVL - Dividend Comparison

BSJP's dividend yield for the trailing twelve months is around 2.26%, less than AVL's 17.16% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
AVL Direxion Daily AVGO Bull 2X Shares	17.16%	29.04%	0.22%	0.00%	0.00%	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 AVL in my portfolio?

BSJP and AVL have a correlation of -0.18, 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 AVL?

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 AVL?

BSJP is cheaper with a 0.42% expense ratio, compared with 1.04% for AVL.

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

AVL has the higher dividend yield at 17.16%, compared with 2.26% for BSJP.

What is the main difference between BSJP and AVL?

BSJP is categorized as High Yield Bonds, while AVL is Leveraged Equities. They also come from different issuers: Invesco and Direxion. Their fees differ too: 0.42% for BSJP and 1.04% for AVL.