BSJS vs. IGLB
Compare and contrast key facts about Invesco BulletShares 2028 High Yield Corporate Bond ETF (BSJS) and iShares 10+ Year Investment Grade Corporate Bond ETF (IGLB).
BSJS and IGLB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BSJS is a passively managed fund by Invesco that tracks the performance of the Nasdaq BulletSharesUSD High Yield Corporate Bond 2028 Index. It was launched on Sep 16, 2020. IGLB is a passively managed fund by iShares that tracks the performance of the ICE BofAML10+ Year US Corporate Index. It was launched on Dec 8, 2009. Both BSJS and IGLB are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BSJS or IGLB.
Key characteristics
| BSJS | IGLB | |
|---|---|---|
| YTD Return | 8.38% | 2.28% |
| 1Y Return | 14.46% | 16.21% |
| 3Y Return (Ann) | 1.80% | -6.10% |
| Sharpe Ratio | 2.83 | 1.33 |
| Sortino Ratio | 4.51 | 1.93 |
| Omega Ratio | 1.53 | 1.23 |
| Calmar Ratio | 1.67 | 0.50 |
| Martin Ratio | 23.85 | 4.18 |
| Ulcer Index | 0.59% | 3.48% |
| Daily Std Dev | 4.96% | 10.93% |
| Max Drawdown | -17.73% | -34.12% |
| Current Drawdown | 0.00% | -17.37% |
Correlation
The correlation between BSJS and IGLB is 0.52, 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.
Performance
BSJS vs. IGLB - Performance Comparison
In the year-to-date period, BSJS achieves a 8.38% return, which is significantly higher than IGLB's 2.28% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BSJS vs. IGLB - Expense Ratio Comparison
BSJS has a 0.42% expense ratio, which is higher than IGLB's 0.06% expense ratio.
Risk-Adjusted Performance
BSJS vs. IGLB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2028 High Yield Corporate Bond ETF (BSJS) and iShares 10+ Year Investment Grade Corporate Bond ETF (IGLB). 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
BSJS vs. IGLB - Dividend Comparison
BSJS's dividend yield for the trailing twelve months is around 6.89%, more than IGLB's 4.85% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BSJS Invesco BulletShares 2028 High Yield Corporate Bond ETF | 6.89% | 6.75% | 5.83% | 4.86% | 0.75% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IGLB iShares 10+ Year Investment Grade Corporate Bond ETF | 4.85% | 4.59% | 4.56% | 3.16% | 3.23% | 3.73% | 4.56% | 3.94% | 4.21% | 4.58% | 4.12% | 5.08% |
Drawdowns
BSJS vs. IGLB - Drawdown Comparison
The maximum BSJS drawdown since its inception was -17.73%, smaller than the maximum IGLB drawdown of -34.12%. Use the drawdown chart below to compare losses from any high point for BSJS and IGLB. For additional features, visit the drawdowns tool.
Volatility
BSJS vs. IGLB - Volatility Comparison
The current volatility for Invesco BulletShares 2028 High Yield Corporate Bond ETF (BSJS) is 1.56%, while iShares 10+ Year Investment Grade Corporate Bond ETF (IGLB) has a volatility of 3.70%. This indicates that BSJS experiences smaller price fluctuations and is considered to be less risky than IGLB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.