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BSJR vs. FBND
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BSJR and FBND is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.5

Performance

BSJR vs. FBND - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco BulletShares 2027 High Yield Corporate Bond ETF (BSJR) and Fidelity Total Bond ETF (FBND). The values are adjusted to include any dividend payments, if applicable.

5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
19.95%
5.54%
BSJR
FBND

Key characteristics

Sharpe Ratio

BSJR:

2.14

FBND:

0.47

Sortino Ratio

BSJR:

3.17

FBND:

0.68

Omega Ratio

BSJR:

1.40

FBND:

1.08

Calmar Ratio

BSJR:

3.84

FBND:

0.25

Martin Ratio

BSJR:

16.13

FBND:

1.51

Ulcer Index

BSJR:

0.46%

FBND:

1.70%

Daily Std Dev

BSJR:

3.46%

FBND:

5.49%

Max Drawdown

BSJR:

-22.58%

FBND:

-17.25%

Current Drawdown

BSJR:

-0.66%

FBND:

-5.40%

Returns By Period

In the year-to-date period, BSJR achieves a 7.17% return, which is significantly higher than FBND's 2.27% return.


BSJR

YTD

7.17%

1M

-0.04%

6M

4.80%

1Y

6.95%

5Y*

3.11%

10Y*

N/A

FBND

YTD

2.27%

1M

-0.21%

6M

1.68%

1Y

2.59%

5Y*

0.83%

10Y*

2.24%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


BSJR vs. FBND - Expense Ratio Comparison

BSJR has a 0.42% expense ratio, which is higher than FBND's 0.36% expense ratio.


BSJR
Invesco BulletShares 2027 High Yield Corporate Bond ETF
Expense ratio chart for BSJR: 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 FBND: current value at 0.36% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.36%

Risk-Adjusted Performance

BSJR vs. FBND - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2027 High Yield Corporate Bond ETF (BSJR) 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.


Sharpe ratio
The chart of Sharpe ratio for BSJR, currently valued at 2.14, compared to the broader market0.002.004.002.140.47
The chart of Sortino ratio for BSJR, currently valued at 3.17, compared to the broader market-2.000.002.004.006.008.0010.003.170.68
The chart of Omega ratio for BSJR, currently valued at 1.40, compared to the broader market0.501.001.502.002.503.001.401.08
The chart of Calmar ratio for BSJR, currently valued at 3.84, compared to the broader market0.005.0010.0015.003.840.25
The chart of Martin ratio for BSJR, currently valued at 16.13, compared to the broader market0.0020.0040.0060.0080.00100.0016.131.51
BSJR
FBND

The current BSJR Sharpe Ratio is 2.14, which is higher than the FBND Sharpe Ratio of 0.47. The chart below compares the historical Sharpe Ratios of BSJR and FBND, 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 Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
2.14
0.47
BSJR
FBND

Dividends

BSJR vs. FBND - Dividend Comparison

BSJR's dividend yield for the trailing twelve months is around 6.15%, more than FBND's 4.58% yield.


TTM2023202220212020201920182017201620152014
BSJR
Invesco BulletShares 2027 High Yield Corporate Bond ETF
6.15%6.49%5.38%4.50%4.53%1.20%0.00%0.00%0.00%0.00%0.00%
FBND
Fidelity Total Bond ETF
4.58%4.26%3.07%1.86%4.25%2.90%2.93%2.56%2.84%3.26%0.66%

Drawdowns

BSJR vs. FBND - Drawdown Comparison

The maximum BSJR drawdown since its inception was -22.58%, which is greater than FBND's maximum drawdown of -17.25%. Use the drawdown chart below to compare losses from any high point for BSJR and FBND. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-0.66%
-5.40%
BSJR
FBND

Volatility

BSJR vs. FBND - Volatility Comparison

The current volatility for Invesco BulletShares 2027 High Yield Corporate Bond ETF (BSJR) is 1.24%, while Fidelity Total Bond ETF (FBND) has a volatility of 1.62%. This indicates that BSJR 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.


0.60%0.80%1.00%1.20%1.40%1.60%1.80%JulyAugustSeptemberOctoberNovemberDecember
1.24%
1.62%
BSJR
FBND
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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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