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

Performance

BSJQ vs. BSJP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco BulletShares 2026 High Yield Corp Bond ETF (BSJQ) and Invesco BulletShares 2025 High Yield Corporate Bond ETF (BSJP). The values are adjusted to include any dividend payments, if applicable.

0.00%1.00%2.00%3.00%4.00%5.00%JuneJulyAugustSeptemberOctoberNovember
4.85%
3.87%
BSJQ
BSJP

Returns By Period

The year-to-date returns for both investments are quite close, with BSJQ having a 7.35% return and BSJP slightly higher at 7.58%.


BSJQ

YTD

7.35%

1M

0.45%

6M

4.85%

1Y

9.77%

5Y (annualized)

3.80%

10Y (annualized)

N/A

BSJP

YTD

7.58%

1M

0.49%

6M

3.87%

1Y

9.44%

5Y (annualized)

4.72%

10Y (annualized)

N/A

Key characteristics


BSJQBSJP
Sharpe Ratio3.454.82
Sortino Ratio5.609.29
Omega Ratio1.722.21
Calmar Ratio9.0121.80
Martin Ratio35.7285.69
Ulcer Index0.27%0.11%
Daily Std Dev2.82%1.97%
Max Drawdown-24.15%-23.58%
Current Drawdown-0.25%-0.03%

Compare stocks, funds, or ETFs

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BSJQ vs. BSJP - Expense Ratio Comparison

Both BSJQ and BSJP have an expense ratio of 0.42%.


BSJQ
Invesco BulletShares 2026 High Yield Corp Bond ETF
Expense ratio chart for BSJQ: 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%
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%

Correlation

-0.50.00.51.00.9

The correlation between BSJQ and BSJP is 0.86, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Risk-Adjusted Performance

BSJQ vs. BSJP - 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 Invesco BulletShares 2025 High Yield Corporate Bond ETF (BSJP). 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.


Sharpe ratio
The chart of Sharpe ratio for BSJQ, currently valued at 3.45, compared to the broader market0.002.004.003.454.82
The chart of Sortino ratio for BSJQ, currently valued at 5.60, compared to the broader market-2.000.002.004.006.008.0010.0012.005.609.29
The chart of Omega ratio for BSJQ, currently valued at 1.72, compared to the broader market0.501.001.502.002.503.001.722.21
The chart of Calmar ratio for BSJQ, currently valued at 9.01, compared to the broader market0.005.0010.0015.009.0121.80
The chart of Martin ratio for BSJQ, currently valued at 35.72, compared to the broader market0.0020.0040.0060.0080.00100.0035.7285.69
BSJQ
BSJP

The current BSJQ Sharpe Ratio is 3.45, which is comparable to the BSJP Sharpe Ratio of 4.82. The chart below compares the historical Sharpe Ratios of BSJQ and BSJP, 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 Ratio2.002.503.003.504.004.505.005.50JuneJulyAugustSeptemberOctoberNovember
3.45
4.82
BSJQ
BSJP

Dividends

BSJQ vs. BSJP - Dividend Comparison

BSJQ's dividend yield for the trailing twelve months is around 6.61%, less than BSJP's 6.75% yield.


TTM2023202220212020201920182017
BSJQ
Invesco BulletShares 2026 High Yield Corp Bond ETF
6.61%6.58%5.58%4.28%4.64%5.53%2.39%0.00%
BSJP
Invesco BulletShares 2025 High Yield Corporate Bond ETF
6.75%7.07%5.37%4.26%4.95%5.50%5.84%1.32%

Drawdowns

BSJQ vs. BSJP - Drawdown Comparison

The maximum BSJQ drawdown since its inception was -24.15%, roughly equal to the maximum BSJP drawdown of -23.58%. Use the drawdown chart below to compare losses from any high point for BSJQ and BSJP. For additional features, visit the drawdowns tool.


-0.60%-0.50%-0.40%-0.30%-0.20%-0.10%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.25%
-0.03%
BSJQ
BSJP

Volatility

BSJQ vs. BSJP - Volatility Comparison

Invesco BulletShares 2026 High Yield Corp Bond ETF (BSJQ) has a higher volatility of 0.75% compared to Invesco BulletShares 2025 High Yield Corporate Bond ETF (BSJP) at 0.43%. This indicates that BSJQ's price experiences larger fluctuations and is considered to be riskier than BSJP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.30%0.40%0.50%0.60%0.70%0.80%0.90%JuneJulyAugustSeptemberOctoberNovember
0.75%
0.43%
BSJQ
BSJP