BSJQ vs. FBND
Compare and contrast key facts about Invesco BulletShares 2026 High Yield Corp Bond ETF (BSJQ) and Fidelity Total Bond ETF (FBND).
BSJQ and FBND 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. FBND is an actively managed fund by Fidelity. It was launched on Oct 6, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BSJQ or FBND.
Performance
BSJQ vs. FBND - Performance Comparison
Returns By Period
In the year-to-date period, BSJQ achieves a 7.35% return, which is significantly higher than FBND's 2.49% return.
BSJQ
7.35%
0.45%
4.85%
9.77%
3.80%
N/A
FBND
2.49%
-0.59%
3.31%
7.41%
0.96%
2.24%
Key characteristics
| BSJQ | FBND | |
|---|---|---|
| Sharpe Ratio | 3.45 | 1.31 |
| Sortino Ratio | 5.60 | 1.90 |
| Omega Ratio | 1.72 | 1.23 |
| Calmar Ratio | 9.01 | 0.63 |
| Martin Ratio | 35.72 | 4.87 |
| Ulcer Index | 0.27% | 1.55% |
| Daily Std Dev | 2.82% | 5.76% |
| Max Drawdown | -24.15% | -17.25% |
| Current Drawdown | -0.25% | -5.20% |
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BSJQ vs. FBND - Expense Ratio Comparison
BSJQ has a 0.42% expense ratio, which is higher than FBND's 0.36% expense ratio.
Correlation
The correlation between BSJQ and FBND is 0.39, 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. FBND - 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 Fidelity Total Bond ETF (FBND). 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. FBND - Dividend Comparison
BSJQ's dividend yield for the trailing twelve months is around 6.61%, more than FBND's 4.59% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
FBND Fidelity Total Bond ETF | 4.59% | 4.26% | 3.07% | 1.86% | 4.25% | 2.90% | 2.93% | 2.56% | 2.84% | 3.26% | 0.66% |
Drawdowns
BSJQ vs. FBND - Drawdown Comparison
The maximum BSJQ drawdown since its inception was -24.15%, which is greater than FBND's maximum drawdown of -17.25%. Use the drawdown chart below to compare losses from any high point for BSJQ and FBND. For additional features, visit the drawdowns tool.
Volatility
BSJQ vs. FBND - Volatility Comparison
The current volatility for Invesco BulletShares 2026 High Yield Corp Bond ETF (BSJQ) is 0.75%, while Fidelity Total Bond ETF (FBND) has a volatility of 1.41%. This indicates that BSJQ experiences smaller price fluctuations and is considered to be less risky than FBND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.