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

Correlation

The correlation between BSJQ and CLOZ is -0.02. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


-0.50.00.51.0
Correlation: -0.0

Performance

BSJQ vs. CLOZ - 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 Panagram Bbb-B Clo ETF (CLOZ). The values are adjusted to include any dividend payments, if applicable.

15.00%20.00%25.00%30.00%NovemberDecember2025FebruaryMarchApril
16.72%
27.34%
BSJQ
CLOZ

Key characteristics

Sharpe Ratio

BSJQ:

2.89

CLOZ:

3.34

Sortino Ratio

BSJQ:

4.27

CLOZ:

4.16

Omega Ratio

BSJQ:

1.57

CLOZ:

1.90

Calmar Ratio

BSJQ:

6.79

CLOZ:

2.96

Martin Ratio

BSJQ:

29.23

CLOZ:

14.16

Ulcer Index

BSJQ:

0.25%

CLOZ:

0.50%

Daily Std Dev

BSJQ:

2.53%

CLOZ:

2.10%

Max Drawdown

BSJQ:

-24.15%

CLOZ:

-2.70%

Current Drawdown

BSJQ:

-0.14%

CLOZ:

-2.38%

Returns By Period

In the year-to-date period, BSJQ achieves a 1.44% return, which is significantly higher than CLOZ's -0.93% return.


BSJQ

YTD

1.44%

1M

0.01%

6M

2.28%

1Y

7.33%

5Y*

7.52%

10Y*

N/A

CLOZ

YTD

-0.93%

1M

-1.91%

6M

2.52%

1Y

7.37%

5Y*

N/A

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

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BSJQ vs. CLOZ - Expense Ratio Comparison

BSJQ has a 0.42% expense ratio, which is lower than CLOZ's 0.50% expense ratio.


Expense ratio chart for CLOZ: current value is 0.50%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
CLOZ: 0.50%
Expense ratio chart for BSJQ: current value is 0.42%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
BSJQ: 0.42%

Risk-Adjusted Performance

BSJQ vs. CLOZ — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BSJQ
The Risk-Adjusted Performance Rank of BSJQ is 9797
Overall Rank
The Sharpe Ratio Rank of BSJQ is 9797
Sharpe Ratio Rank
The Sortino Ratio Rank of BSJQ is 9797
Sortino Ratio Rank
The Omega Ratio Rank of BSJQ is 9797
Omega Ratio Rank
The Calmar Ratio Rank of BSJQ is 9898
Calmar Ratio Rank
The Martin Ratio Rank of BSJQ is 9898
Martin Ratio Rank

CLOZ
The Risk-Adjusted Performance Rank of CLOZ is 9696
Overall Rank
The Sharpe Ratio Rank of CLOZ is 9898
Sharpe Ratio Rank
The Sortino Ratio Rank of CLOZ is 9797
Sortino Ratio Rank
The Omega Ratio Rank of CLOZ is 9898
Omega Ratio Rank
The Calmar Ratio Rank of CLOZ is 9393
Calmar Ratio Rank
The Martin Ratio Rank of CLOZ is 9595
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

BSJQ vs. CLOZ - 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 Panagram Bbb-B Clo ETF (CLOZ). 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.


The chart of Sharpe ratio for BSJQ, currently valued at 2.89, compared to the broader market0.002.004.00
BSJQ: 2.89
CLOZ: 3.34
The chart of Sortino ratio for BSJQ, currently valued at 4.27, compared to the broader market-2.000.002.004.006.008.0010.00
BSJQ: 4.27
CLOZ: 4.16
The chart of Omega ratio for BSJQ, currently valued at 1.57, compared to the broader market0.501.001.502.002.503.00
BSJQ: 1.57
CLOZ: 1.90
The chart of Calmar ratio for BSJQ, currently valued at 6.79, compared to the broader market0.005.0010.0015.00
BSJQ: 6.79
CLOZ: 2.96
The chart of Martin ratio for BSJQ, currently valued at 29.23, compared to the broader market0.0020.0040.0060.0080.00100.00
BSJQ: 29.23
CLOZ: 14.16

The current BSJQ Sharpe Ratio is 2.89, which is comparable to the CLOZ Sharpe Ratio of 3.34. The chart below compares the historical Sharpe Ratios of BSJQ and CLOZ, 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 Ratio2.003.004.005.006.007.00NovemberDecember2025FebruaryMarchApril
2.89
3.34
BSJQ
CLOZ

Dividends

BSJQ vs. CLOZ - Dividend Comparison

BSJQ's dividend yield for the trailing twelve months is around 6.54%, less than CLOZ's 7.98% yield.


TTM2024202320222021202020192018
BSJQ
Invesco BulletShares 2026 High Yield Corp Bond ETF
6.54%6.58%6.58%5.58%4.27%4.64%5.53%2.39%
CLOZ
Panagram Bbb-B Clo ETF
7.98%9.09%8.81%0.00%0.00%0.00%0.00%0.00%

Drawdowns

BSJQ vs. CLOZ - Drawdown Comparison

The maximum BSJQ drawdown since its inception was -24.15%, which is greater than CLOZ's maximum drawdown of -2.70%. Use the drawdown chart below to compare losses from any high point for BSJQ and CLOZ. For additional features, visit the drawdowns tool.


-2.00%-1.50%-1.00%-0.50%0.00%NovemberDecember2025FebruaryMarchApril
-0.14%
-2.38%
BSJQ
CLOZ

Volatility

BSJQ vs. CLOZ - Volatility Comparison

The current volatility for Invesco BulletShares 2026 High Yield Corp Bond ETF (BSJQ) is 0.83%, while Panagram Bbb-B Clo ETF (CLOZ) has a volatility of 1.12%. This indicates that BSJQ experiences smaller price fluctuations and is considered to be less risky than CLOZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.20%0.40%0.60%0.80%1.00%1.20%NovemberDecember2025FebruaryMarchApril
0.83%
1.12%
BSJQ
CLOZ