BSJQ vs. EIFAX
Compare and contrast key facts about Invesco BulletShares 2026 High Yield Corp Bond ETF (BSJQ) and Eaton Vance Floating-Rate Advantage Fund (EIFAX).
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. EIFAX is managed by Eaton Vance. It was launched on Mar 16, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BSJQ or EIFAX.
Performance
BSJQ vs. EIFAX - Performance Comparison
Returns By Period
The year-to-date returns for both investments are quite close, with BSJQ having a 7.35% return and EIFAX slightly higher at 7.53%.
BSJQ
7.35%
0.71%
5.05%
9.65%
3.80%
N/A
EIFAX
7.53%
0.81%
4.14%
10.85%
5.65%
5.02%
Key characteristics
| BSJQ | EIFAX | |
|---|---|---|
| Sharpe Ratio | 3.47 | 3.62 |
| Sortino Ratio | 5.63 | 10.64 |
| Omega Ratio | 1.73 | 3.21 |
| Calmar Ratio | 9.06 | 13.57 |
| Martin Ratio | 35.84 | 61.20 |
| Ulcer Index | 0.27% | 0.18% |
| Daily Std Dev | 2.82% | 2.99% |
| Max Drawdown | -24.15% | -38.15% |
| Current Drawdown | -0.25% | 0.00% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BSJQ vs. EIFAX - Expense Ratio Comparison
BSJQ has a 0.42% expense ratio, which is lower than EIFAX's 0.47% expense ratio.
Correlation
The correlation between BSJQ and EIFAX 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.
Risk-Adjusted Performance
BSJQ vs. EIFAX - 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 Eaton Vance Floating-Rate Advantage Fund (EIFAX). 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. EIFAX - Dividend Comparison
BSJQ's dividend yield for the trailing twelve months is around 6.61%, less than EIFAX's 9.45% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.00% | 0.00% | 0.00% | 0.00% |
EIFAX Eaton Vance Floating-Rate Advantage Fund | 9.45% | 9.33% | 5.92% | 4.03% | 4.52% | 5.58% | 5.10% | 4.46% | 5.03% | 5.29% | 4.79% | 4.82% |
Drawdowns
BSJQ vs. EIFAX - Drawdown Comparison
The maximum BSJQ drawdown since its inception was -24.15%, smaller than the maximum EIFAX drawdown of -38.15%. Use the drawdown chart below to compare losses from any high point for BSJQ and EIFAX. For additional features, visit the drawdowns tool.
Volatility
BSJQ vs. EIFAX - Volatility Comparison
Invesco BulletShares 2026 High Yield Corp Bond ETF (BSJQ) has a higher volatility of 0.73% compared to Eaton Vance Floating-Rate Advantage Fund (EIFAX) at 0.63%. This indicates that BSJQ's price experiences larger fluctuations and is considered to be riskier than EIFAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.