BSJP vs. FLRT

Last updated Jul 31, 2026

BSJP (Invesco BulletShares 2025 High Yield Corporate Bond ETF) and FLRT (Pacer Aristotle Pacific Floating Rate High Income 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 FLRT is a Bank Loan fund actively managed by Pacer. BSJP is passively managed, while FLRT is actively managed. Their 0.19 correlation means their historical movements had little consistent relationship. BSJP charges 0.42%/yr vs 0.60%/yr for FLRT.

Performance

BSJP vs. FLRT - 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 Pacer Aristotle Pacific Floating Rate High Income ETF (FLRT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BSJP

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

FLRT

• 1D: 0.11%
• 1M: 0.42%
• 6M: 1.95%
• YTD: 2.33%
• 1Y: 5.04%
• 3Y*: 7.87%
• 5Y*: 6.06%
• 10Y*: 4.83%
• ALL TIME*: 4.47%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FLRT Pacer Aristotle Pacific Floating Rate High Income ETF	$4.87M	$4.46M	$4.75M

BSJP vs. FLRT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BSJP Invesco BulletShares 2025 High Yield Corporate Bond ETF	0.00%	4.46%	8.07%	10.41%	-5.16%	4.57%	4.16%	16.89%	-4.66%	0.43%
FLRT Pacer Aristotle Pacific Floating Rate High Income ETF	2.33%	6.24%	9.18%	14.59%	-2.72%	3.18%	2.78%	9.44%	-1.14%	0.43%

Correlation

The correlation between BSJP and FLRT is 0.01, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.01
Correlation (3Y) Balances recent behavior with more history.	0.18
Correlation (5Y) Shows whether the relationship held over a longer period.	0.22
Correlation (All Time) Calculated using the full available price history since Sep 27, 2017	0.19

The correlation between BSJP and FLRT shifts across timeframes, from 0.01 (1 year) to 0.22 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

BSJP vs. FLRT — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BSJP

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

FLRT

FLRT Risk / Return Rank: 91
FLRT Sharpe Ratio Rank: 97
FLRT Sortino Ratio Rank: 97
FLRT Omega Ratio Rank: 97
FLRT Calmar Ratio Rank: 81
FLRT Martin Ratio Rank: 82

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BSJP vs. FLRT - 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 Pacer Aristotle Pacific Floating Rate High Income ETF (FLRT). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BSJP	FLRT	Difference
Sharpe ratio: Return per unit of total volatility	—	3.40	—
Sortino ratio: Return per unit of downside risk	—	5.08	—
Omega ratio: Gain probability vs. loss probability	—	1.75	—
Calmar ratio: Return relative to maximum drawdown	—	2.85	—
Martin ratio: Return relative to average drawdown	—	10.45	—

Drawdowns

Drawdown Indicators

	BSJP	FLRT	Difference
Max Drawdown Largest peak-to-trough decline	—	-20.96%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-1.78%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-2.87%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-7.60%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-20.96%	—
Current Drawdown Current decline from peak	—	-0.03%	—
Average Drawdown Average peak-to-trough decline	—	-1.39%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.48%	—

Volatility

Volatility by Period

	BSJP	FLRT	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.29%	—
Volatility (6M) Calculated over the trailing 6-month period	—	1.19%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	1.49%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	2.30%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	6.10%	—

BSJP vs. FLRT - Expense Ratio Comparison

BSJP has a 0.42% expense ratio, which is lower than FLRT's 0.60% expense ratio.

Dividends

BSJP vs. FLRT - Dividend Comparison

BSJP's dividend yield for the trailing twelve months is around 1.52%, less than FLRT's 6.72% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BSJP Invesco BulletShares 2025 High Yield Corporate Bond ETF	1.52%	4.50%	6.25%	7.07%	5.37%	4.27%	4.96%	5.49%	5.84%	1.32%	0.00%	0.00%
FLRT Pacer Aristotle Pacific Floating Rate High Income ETF	6.72%	6.93%	7.93%	8.40%	5.81%	3.16%	3.52%	4.30%	3.95%	3.20%	3.38%	3.21%

Frequently Asked Questions

Can I hold both BSJP and FLRT in my portfolio?

BSJP and FLRT have a correlation of 0.01, 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 FLRT?

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 FLRT?

BSJP is cheaper with a 0.42% expense ratio, compared with 0.60% for FLRT.

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

FLRT has the higher dividend yield at 6.72%, compared with 1.52% for BSJP.

What is the main difference between BSJP and FLRT?

BSJP is categorized as High Yield Bonds, while FLRT is Bank Loan. They also come from different issuers: Invesco and Pacer. Their fees differ too: 0.42% for BSJP and 0.60% for FLRT.