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BSJP vs. FLRT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


BSJPFLRT
YTD Return7.54%8.06%
1Y Return9.95%11.44%
3Y Return (Ann)4.34%6.53%
5Y Return (Ann)4.63%5.38%
Sharpe Ratio5.048.12
Sortino Ratio9.9314.15
Omega Ratio2.304.03
Calmar Ratio23.6322.16
Martin Ratio93.61110.21
Ulcer Index0.11%0.10%
Daily Std Dev2.03%1.42%
Max Drawdown-23.58%-20.96%
Current Drawdown-0.06%0.00%

Correlation

-0.50.00.51.00.2

The correlation between BSJP and FLRT is 0.21, 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.

Performance

BSJP vs. FLRT - Performance Comparison

In the year-to-date period, BSJP achieves a 7.54% return, which is significantly lower than FLRT's 8.06% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%1.00%2.00%3.00%4.00%JuneJulyAugustSeptemberOctoberNovember
3.87%
3.88%
BSJP
FLRT

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BSJP vs. FLRT - Expense Ratio Comparison

BSJP has a 0.42% expense ratio, which is lower than FLRT's 0.69% expense ratio.


FLRT
Pacific Global Senior Loan ETF
Expense ratio chart for FLRT: current value at 0.69% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.69%
Expense ratio chart for BSJP: 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

BSJP vs. FLRT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2025 High Yield Corporate Bond ETF (BSJP) and Pacific Global Senior Loan 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.


BSJP
Sharpe ratio
The chart of Sharpe ratio for BSJP, currently valued at 5.04, compared to the broader market-2.000.002.004.006.005.04
Sortino ratio
The chart of Sortino ratio for BSJP, currently valued at 9.93, compared to the broader market0.005.0010.009.93
Omega ratio
The chart of Omega ratio for BSJP, currently valued at 2.30, compared to the broader market1.001.502.002.503.002.30
Calmar ratio
The chart of Calmar ratio for BSJP, currently valued at 23.63, compared to the broader market0.005.0010.0015.0023.63
Martin ratio
The chart of Martin ratio for BSJP, currently valued at 93.61, compared to the broader market0.0020.0040.0060.0080.00100.00120.0093.61
FLRT
Sharpe ratio
The chart of Sharpe ratio for FLRT, currently valued at 8.12, compared to the broader market-2.000.002.004.006.008.12
Sortino ratio
The chart of Sortino ratio for FLRT, currently valued at 14.15, compared to the broader market0.005.0010.0014.15
Omega ratio
The chart of Omega ratio for FLRT, currently valued at 4.03, compared to the broader market1.001.502.002.503.004.03
Calmar ratio
The chart of Calmar ratio for FLRT, currently valued at 22.16, compared to the broader market0.005.0010.0015.0022.16
Martin ratio
The chart of Martin ratio for FLRT, currently valued at 110.21, compared to the broader market0.0020.0040.0060.0080.00100.00120.00110.21

BSJP vs. FLRT - Sharpe Ratio Comparison

The current BSJP Sharpe Ratio is 5.04, which is lower than the FLRT Sharpe Ratio of 8.12. The chart below compares the historical Sharpe Ratios of BSJP and FLRT, 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 Ratio3.004.005.006.007.008.009.0010.00JuneJulyAugustSeptemberOctoberNovember
5.04
8.12
BSJP
FLRT

Dividends

BSJP vs. FLRT - Dividend Comparison

BSJP's dividend yield for the trailing twelve months is around 6.80%, less than FLRT's 8.26% yield.


TTM202320222021202020192018201720162015
BSJP
Invesco BulletShares 2025 High Yield Corporate Bond ETF
6.80%7.07%5.37%4.26%4.95%5.50%5.84%1.32%0.00%0.00%
FLRT
Pacific Global Senior Loan ETF
8.26%8.42%5.81%3.16%3.51%4.31%3.95%3.20%3.38%3.21%

Drawdowns

BSJP vs. FLRT - Drawdown Comparison

The maximum BSJP drawdown since its inception was -23.58%, which is greater than FLRT's maximum drawdown of -20.96%. Use the drawdown chart below to compare losses from any high point for BSJP and FLRT. For additional features, visit the drawdowns tool.


-0.40%-0.30%-0.20%-0.10%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.06%
0
BSJP
FLRT

Volatility

BSJP vs. FLRT - Volatility Comparison

Invesco BulletShares 2025 High Yield Corporate Bond ETF (BSJP) has a higher volatility of 0.53% compared to Pacific Global Senior Loan ETF (FLRT) at 0.21%. This indicates that BSJP's price experiences larger fluctuations and is considered to be riskier than FLRT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.20%0.30%0.40%0.50%0.60%0.70%0.80%JuneJulyAugustSeptemberOctoberNovember
0.53%
0.21%
BSJP
FLRT