BSJQ vs. BNDW
Compare and contrast key facts about Invesco BulletShares 2026 High Yield Corp Bond ETF (BSJQ) and Vanguard Total World Bond ETF (BNDW).
BSJQ and BNDW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BSJQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ BulletShares USD High Yield Corporate Bond 2026 TR Index. It was launched on Aug 9, 2018. BNDW is a passively managed fund by Vanguard that tracks the performance of the Bloomberg Barclays Global Aggregate Float Adjusted TR Index. It was launched on Sep 4, 2018. Both BSJQ and BNDW are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BSJQ or BNDW.
Key characteristics
| BSJQ | BNDW | |
|---|---|---|
| YTD Return | 1.89% | -2.26% |
| 1Y Return | 8.71% | 0.85% |
| 3Y Return (Ann) | 2.14% | -2.82% |
| 5Y Return (Ann) | 3.47% | -0.04% |
| Sharpe Ratio | 2.01 | 0.31 |
| Daily Std Dev | 4.25% | 5.59% |
| Max Drawdown | -24.15% | -17.21% |
| Current Drawdown | 0.00% | -10.64% |
Correlation
The correlation between BSJQ and BNDW is 0.27, 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
BSJQ vs. BNDW - Performance Comparison
In the year-to-date period, BSJQ achieves a 1.89% return, which is significantly higher than BNDW's -2.26% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BSJQ vs. BNDW - Expense Ratio Comparison
BSJQ has a 0.42% expense ratio, which is higher than BNDW's 0.06% expense ratio.
Risk-Adjusted Performance
BSJQ vs. BNDW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2026 High Yield Corp Bond ETF (BSJQ) and Vanguard Total World Bond ETF (BNDW). 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
BSJQ vs. BNDW - Dividend Comparison
BSJQ's dividend yield for the trailing twelve months is around 6.67%, more than BNDW's 4.04% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
BSJQ Invesco BulletShares 2026 High Yield Corp Bond ETF | 6.67% | 6.58% | 5.58% | 4.27% | 4.64% | 5.53% | 2.39% |
BNDW Vanguard Total World Bond ETF | 4.04% | 3.73% | 2.02% | 2.58% | 1.56% | 3.05% | 1.66% |
Drawdowns
BSJQ vs. BNDW - Drawdown Comparison
The maximum BSJQ drawdown since its inception was -24.15%, which is greater than BNDW's maximum drawdown of -17.21%. Use the drawdown chart below to compare losses from any high point for BSJQ and BNDW. For additional features, visit the drawdowns tool.
Volatility
BSJQ vs. BNDW - Volatility Comparison
The current volatility for Invesco BulletShares 2026 High Yield Corp Bond ETF (BSJQ) is 1.05%, while Vanguard Total World Bond ETF (BNDW) has a volatility of 1.47%. This indicates that BSJQ experiences smaller price fluctuations and is considered to be less risky than BNDW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.