BSJS vs. AVLV

Last updated Jun 4, 2026

BSJS (Invesco BulletShares 2028 High Yield Corporate Bond ETF) and AVLV (Avantis U.S. Large Cap Value ETF) are both exchange-traded funds - BSJS is a High Yield Bonds fund tracking the Nasdaq BulletSharesUSD High Yield Corporate Bond 2028 Index, while AVLV is a Large Cap Value Equities fund tracking the Russell 1000 Value Index. Both are passively managed. Over the past 3 years, BSJS returned 8.32%/yr vs 23.23%/yr for AVLV. A 0.61 correlation means they provide meaningful diversification when combined. BSJS charges 0.42%/yr vs 0.15%/yr for AVLV.

Performance

BSJS vs. AVLV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco BulletShares 2028 High Yield Corporate Bond ETF (BSJS) and Avantis U.S. Large Cap Value ETF (AVLV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BSJS achieves a 1.67% return, which is significantly lower than AVLV's 20.64% return.

BSJS

• 1D: -0.05%
• 1M: 0.61%
• YTD: 1.67%
• 6M: 2.13%
• 1Y: 6.48%
• 3Y*: 8.32%
• 5Y*: 3.29%
• 10Y*: —

AVLV

• 1D: 0.14%
• 1M: 5.75%
• YTD: 20.64%
• 6M: 22.01%
• 1Y: 38.77%
• 3Y*: 23.23%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BSJS vs. AVLV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
BSJS Invesco BulletShares 2028 High Yield Corporate Bond ETF	1.67%	8.31%	7.38%	12.28%	-13.69%	0.19%
AVLV Avantis U.S. Large Cap Value ETF	20.64%	15.12%	17.49%	17.43%	-5.53%	5.92%

Correlation

The correlation between BSJS and AVLV is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.58
Correlation (3Y) Calculated over the trailing 3-year period	0.57
Correlation (All Time) Calculated using the full available price history since Sep 24, 2021	0.61

The correlation between BSJS and AVLV has been stable across timeframes, ranging from 0.57 to 0.61 - a consistent structural relationship.

BSJS vs. AVLV - Sectors Allocation Comparison

Sectors	BSJS	AVLV
Healthcare	10.5%	5.6%
Industrials	9.1%	15.4%
Consumer Cyclical	7.5%	14.1%
Communication Services	5.5%	6.9%
Energy	5.4%	14.4%
Financial Services	4.6%	16.3%
Technology	4.5%	17.2%
Consumer Defensive	3.9%	7.7%
Real Estate	2.9%	0.1%
Basic Materials	2.6%	2.0%
Utilities	1.2%	0.3%

Return for Risk

BSJS vs. AVLV — Risk / Return Rank

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

BSJS

BSJS Risk / Return Rank: 78
BSJS Sharpe Ratio Rank: 69
BSJS Sortino Ratio Rank: 79
BSJS Omega Ratio Rank: 76
BSJS Calmar Ratio Rank: 78
BSJS Martin Ratio Rank: 88

AVLV

AVLV Risk / Return Rank: 91
AVLV Sharpe Ratio Rank: 90
AVLV Sortino Ratio Rank: 91
AVLV Omega Ratio Rank: 89
AVLV Calmar Ratio Rank: 91
AVLV Martin Ratio Rank: 93

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BSJS vs. AVLV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2028 High Yield Corporate Bond ETF (BSJS) and Avantis U.S. Large Cap Value ETF (AVLV). 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.

	BSJS	AVLV	Difference
Sharpe ratio: Return per unit of total volatility	2.29	3.18	-0.89
Sortino ratio: Return per unit of downside risk	3.56	4.39	-0.83
Omega ratio: Gain probability vs. loss probability	1.45	1.57	-0.12
Calmar ratio: Return relative to maximum drawdown	3.97	6.09	-2.12
Martin ratio: Return relative to average drawdown	19.33	24.39	-5.06
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BSJS vs. AVLV - Sharpe Ratio Comparison

The current BSJS Sharpe Ratio is 2.29, which is comparable to the AVLV Sharpe Ratio of 3.18. The chart below compares the historical Sharpe Ratios of BSJS and AVLV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BSJS	AVLV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.29	3.18	-0.89
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.45	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.52	0.86	-0.34

Drawdowns

BSJS vs. AVLV - Drawdown Comparison

The maximum BSJS drawdown since its inception was -17.73%, smaller than the maximum AVLV drawdown of -19.50%. Use the drawdown chart below to compare losses from any high point for BSJS and AVLV.

Drawdown Indicators

	BSJS	AVLV	Difference
Max Drawdown Largest peak-to-trough decline	-17.73%	-19.50%	+1.77%
Max Drawdown (1Y) Largest decline over 1 year	-1.64%	-6.39%	+4.75%
Max Drawdown (3Y) Largest decline over 3 years	-4.44%	-19.50%	+15.06%
Max Drawdown (5Y) Largest decline over 5 years	-17.73%	—	—
Current Drawdown Current decline from peak	-0.05%	0.00%	-0.05%
Average Drawdown Average peak-to-trough decline	-3.99%	-3.93%	-0.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.34%	1.59%	-1.25%

Volatility

BSJS vs. AVLV - Volatility Comparison

The current volatility for Invesco BulletShares 2028 High Yield Corporate Bond ETF (BSJS) is 0.72%, while Avantis U.S. Large Cap Value ETF (AVLV) has a volatility of 3.12%. This indicates that BSJS experiences smaller price fluctuations and is considered to be less risky than AVLV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BSJS	AVLV	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.72%	3.12%	-2.40%
Volatility (6M) Calculated over the trailing 6-month period	2.03%	9.04%	-7.01%
Volatility (1Y) Calculated over the trailing 1-year period	2.84%	12.29%	-9.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.39%	17.35%	-9.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.14%	17.35%	-10.21%

BSJS vs. AVLV - Expense Ratio Comparison

BSJS has a 0.42% expense ratio, which is higher than AVLV's 0.15% expense ratio.

Dividends

BSJS vs. AVLV - Dividend Comparison

BSJS's dividend yield for the trailing twelve months is around 6.27%, more than AVLV's 1.07% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
AVLV Avantis U.S. Large Cap Value ETF	1.07%	1.33%	1.58%	1.85%	2.00%	0.29%	0.00%
BSJS Invesco BulletShares 2028 High Yield Corporate Bond ETF	6.27%	6.49%	7.04%	6.75%	5.82%	4.86%	0.75%

Frequently Asked Questions

Can I hold both BSJS and AVLV in my portfolio?

BSJS and AVLV have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BSJS or AVLV?

AVLV has higher volatility (3.12%) compared to BSJS (0.72%). In terms of maximum drawdown, BSJS dropped -17.73% vs AVLV's -19.50%.

Which ETF is better, BSJS or AVLV?

On 3-year performance, AVLV leads with 23.23% vs 8.32% for BSJS. On fees, AVLV is cheaper at 0.15% per year. On volatility, BSJS has been the lower-risk option at 0.72%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BSJS or AVLV?

Over the 3-year period, AVLV has performed better with a 23.23% return vs 8.32%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BSJS or AVLV?

AVLV is cheaper with a 0.15% expense ratio, compared with 0.42% for BSJS.

Which ETF pays a higher dividend yield, BSJS or AVLV?

BSJS has the higher dividend yield at 6.27%, compared with 1.07% for AVLV.

What is the main difference between BSJS and AVLV?

BSJS is categorized as High Yield Bonds, while AVLV is Large Cap Value Equities. BSJS tracks Nasdaq BulletSharesUSD High Yield Corporate Bond 2028 Index, while AVLV tracks Russell 1000 Value Index. They also come from different issuers: Invesco and American Century. Their fees differ too: 0.42% for BSJS and 0.15% for AVLV.

Which has better risk-adjusted returns?

AVLV currently has the higher Sharpe Ratio (3.17 vs 2.29), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.