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

Correlation

The correlation between BSJQ and IBHD is 0.74, 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.


-0.50.00.51.00.7

Performance

BSJQ vs. IBHD - 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 iShares iBonds 2024 Term High Yield & Income ETF (IBHD). The values are adjusted to include any dividend payments, if applicable.

21.00%22.00%23.00%24.00%25.00%26.00%27.00%JulyAugustSeptemberOctoberNovemberDecember
26.08%
27.04%
BSJQ
IBHD

Key characteristics

Sharpe Ratio

BSJQ:

2.70

IBHD:

4.06

Sortino Ratio

BSJQ:

4.00

IBHD:

6.19

Omega Ratio

BSJQ:

1.53

IBHD:

2.09

Calmar Ratio

BSJQ:

6.99

IBHD:

11.85

Martin Ratio

BSJQ:

26.52

IBHD:

76.11

Ulcer Index

BSJQ:

0.28%

IBHD:

0.08%

Daily Std Dev

BSJQ:

2.79%

IBHD:

1.50%

Max Drawdown

BSJQ:

-24.15%

IBHD:

-20.11%

Current Drawdown

BSJQ:

-0.34%

IBHD:

0.00%

Returns By Period

In the year-to-date period, BSJQ achieves a 7.44% return, which is significantly higher than IBHD's 5.75% return.


BSJQ

YTD

7.44%

1M

0.09%

6M

4.24%

1Y

7.21%

5Y*

3.31%

10Y*

N/A

IBHD

YTD

5.75%

1M

0.30%

6M

2.92%

1Y

5.93%

5Y*

3.84%

10Y*

N/A

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. IBHD - Expense Ratio Comparison

BSJQ has a 0.42% expense ratio, which is higher than IBHD's 0.35% expense ratio.


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 IBHD: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%

Risk-Adjusted Performance

BSJQ vs. IBHD - 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 iShares iBonds 2024 Term High Yield & Income ETF (IBHD). 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 2.70, compared to the broader market0.002.004.002.703.92
The chart of Sortino ratio for BSJQ, currently valued at 4.00, compared to the broader market-2.000.002.004.006.008.0010.004.005.88
The chart of Omega ratio for BSJQ, currently valued at 1.53, compared to the broader market0.501.001.502.002.503.001.532.03
The chart of Calmar ratio for BSJQ, currently valued at 6.99, compared to the broader market0.005.0010.0015.006.9911.23
The chart of Martin ratio for BSJQ, currently valued at 26.52, compared to the broader market0.0020.0040.0060.0080.00100.0026.5272.83
BSJQ
IBHD

The current BSJQ Sharpe Ratio is 2.70, which is lower than the IBHD Sharpe Ratio of 4.06. The chart below compares the historical Sharpe Ratios of BSJQ and IBHD, 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 Ratio2.002.503.003.504.00JulyAugustSeptemberOctoberNovemberDecember
2.70
3.92
BSJQ
IBHD

Dividends

BSJQ vs. IBHD - Dividend Comparison

BSJQ's dividend yield for the trailing twelve months is around 6.01%, more than IBHD's 5.53% yield.


TTM202320222021202020192018
BSJQ
Invesco BulletShares 2026 High Yield Corp Bond ETF
6.01%6.58%5.58%4.28%4.64%5.53%2.39%
IBHD
iShares iBonds 2024 Term High Yield & Income ETF
5.53%6.90%4.90%4.43%5.49%3.59%0.00%

Drawdowns

BSJQ vs. IBHD - Drawdown Comparison

The maximum BSJQ drawdown since its inception was -24.15%, which is greater than IBHD's maximum drawdown of -20.11%. Use the drawdown chart below to compare losses from any high point for BSJQ and IBHD. For additional features, visit the drawdowns tool.


-0.80%-0.60%-0.40%-0.20%0.00%JulyAugustSeptemberOctoberNovemberDecember
-0.34%
0
BSJQ
IBHD

Volatility

BSJQ vs. IBHD - Volatility Comparison

Invesco BulletShares 2026 High Yield Corp Bond ETF (BSJQ) has a higher volatility of 1.03% compared to iShares iBonds 2024 Term High Yield & Income ETF (IBHD) at 0.19%. This indicates that BSJQ's price experiences larger fluctuations and is considered to be riskier than IBHD 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%JulyAugustSeptemberOctoberNovemberDecember
1.03%
0.19%
BSJQ
IBHD
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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