BSJP vs. FLRT
Compare and contrast key facts about Invesco BulletShares 2025 High Yield Corporate Bond ETF (BSJP) and Pacific Global Senior Loan ETF (FLRT).
BSJP and FLRT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BSJP is a passively managed fund by Invesco that tracks the performance of the NASDAQ BulletShares USD High Yield Corporate Bond 2025 TR Index. It was launched on Sep 27, 2017. FLRT is an actively managed fund by Pacific Life. It was launched on Feb 19, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BSJP or FLRT.
Correlation
The correlation between BSJP and FLRT is 0.20, 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
Key characteristics
BSJP:
3.69
FLRT:
6.94
BSJP:
5.96
FLRT:
11.41
BSJP:
1.85
FLRT:
3.35
BSJP:
11.36
FLRT:
17.95
BSJP:
61.46
FLRT:
88.73
BSJP:
0.12%
FLRT:
0.11%
BSJP:
1.99%
FLRT:
1.35%
BSJP:
-23.58%
FLRT:
-20.96%
BSJP:
-0.65%
FLRT:
0.00%
Returns By Period
In the year-to-date period, BSJP achieves a 7.40% return, which is significantly lower than FLRT's 9.05% return.
BSJP
7.40%
-0.17%
3.14%
7.40%
4.18%
N/A
FLRT
9.05%
0.63%
4.11%
9.26%
5.24%
N/A
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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.
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.
Dividends
BSJP vs. FLRT - Dividend Comparison
BSJP's dividend yield for the trailing twelve months is around 5.81%, less than FLRT's 8.10% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
---|---|---|---|---|---|---|---|---|---|---|
Invesco BulletShares 2025 High Yield Corporate Bond ETF | 5.81% | 7.07% | 5.37% | 4.26% | 4.95% | 5.50% | 5.84% | 1.32% | 0.00% | 0.00% |
Pacific Global Senior Loan ETF | 8.10% | 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.
Volatility
BSJP vs. FLRT - Volatility Comparison
Invesco BulletShares 2025 High Yield Corporate Bond ETF (BSJP) has a higher volatility of 0.89% compared to Pacific Global Senior Loan ETF (FLRT) at 0.29%. 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.