BSJT vs. BOND
BSJT (Invesco BulletShares 2029 High Yield Corporate Bond ETF) and BOND (PIMCO Active Bond ETF) are both exchange-traded funds - BSJT is a High Yield Bonds fund tracking the Invesco BulletShares High Yield Corporate Bond 2029 Index, while BOND is a Intermediate Core-Plus Bond fund actively managed by PIMCO. BSJT is passively managed, while BOND is actively managed. Over the past 3 years, BSJT returned 8.85%/yr vs 5.30%/yr for BOND. At a 0.47 correlation, their price movements are largely independent. BSJT charges 0.42%/yr vs 0.54%/yr for BOND.
Performance
BSJT vs. BOND - Performance Comparison
Loading charts...
Returns By Period
The year-to-date returns for both stocks are quite close, with BSJT having a 1.36% return and BOND slightly lower at 1.31%.
BSJT
- 1D
- -0.05%
- 1M
- 0.47%
- YTD
- 1.36%
- 6M
- 1.17%
- 1Y
- 5.40%
- 3Y*
- 8.85%
- 5Y*
- —
- 10Y*
- —
BOND
- 1D
- 0.49%
- 1M
- 1.42%
- YTD
- 1.31%
- 6M
- 1.18%
- 1Y
- 5.95%
- 3Y*
- 5.30%
- 5Y*
- 0.60%
- 10Y*
- 2.22%
BSJT vs. BOND - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
BSJT Invesco BulletShares 2029 High Yield Corporate Bond ETF | 1.36% | 7.63% | 8.01% | 13.59% | -14.85% | -0.44% |
BOND PIMCO Active Bond ETF | 1.31% | 8.39% | 2.77% | 6.48% | -14.57% | -1.29% |
Correlation
The correlation between BSJT and BOND is 0.52, 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 | 0.52 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Sep 15, 2021 | 0.47 |
The correlation between BSJT and BOND has been stable across timeframes, ranging from 0.47 to 0.52 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BSJT vs. BOND — Risk / Return Rank
BSJT
BOND
BSJT vs. BOND - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2029 High Yield Corporate Bond ETF (BSJT) and PIMCO Active Bond ETF (BOND). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BSJT | BOND | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.01 | ||
| Sortino ratioReturn per unit of downside risk | +0.14 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.27 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 2.19 | 1.98 | +0.21 |
| Martin ratioReturn relative to average drawdown | 9.37 | 5.97 | +3.40 |
Loading charts...
Drawdowns
BSJT vs. BOND - Drawdown Comparison
The maximum BSJT drawdown since its inception was -19.62%, roughly equal to the maximum BOND drawdown of -19.71%. Use the drawdown chart below to compare losses from any high point for BSJT and BOND.
Loading charts...
Drawdown Indicators
| BSJT | BOND | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.62% | -19.71% | +0.09% |
Max Drawdown (1Y)Largest decline over 1 year | -2.47% | -3.01% | +0.54% |
Max Drawdown (3Y)Largest decline over 3 years | -5.59% | -6.12% | +0.53% |
Max Drawdown (5Y)Largest decline over 5 years | — | -19.71% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -19.71% | — |
Current DrawdownCurrent decline from peak | -0.26% | -0.75% | +0.49% |
Average DrawdownAverage peak-to-trough decline | -5.38% | -3.49% | -1.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.58% | 1.00% | -0.42% |
Volatility
BSJT vs. BOND - Volatility Comparison
The current volatility for Invesco BulletShares 2029 High Yield Corporate Bond ETF (BSJT) is 0.87%, while PIMCO Active Bond ETF (BOND) has a volatility of 1.41%. This indicates that BSJT experiences smaller price fluctuations and is considered to be less risky than BOND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BSJT | BOND | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.87% | 1.41% | -0.54% |
Volatility (6M)Calculated over the trailing 6-month period | 2.66% | 3.08% | -0.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.68% | 4.00% | -0.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.16% | 5.79% | +2.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.16% | 5.10% | +3.06% |
BSJT vs. BOND - Expense Ratio Comparison
BSJT has a 0.42% expense ratio, which is lower than BOND's 0.54% expense ratio.
Dividends
BSJT vs. BOND - Dividend Comparison
BSJT's dividend yield for the trailing twelve months is around 6.69%, more than BOND's 5.14% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BOND PIMCO Active Bond ETF | 5.14% | 5.11% | 5.02% | 4.06% | 3.44% | 2.58% | 2.66% | 3.38% | 3.18% | 2.87% | 2.85% | 4.14% |
BSJT Invesco BulletShares 2029 High Yield Corporate Bond ETF | 6.69% | 6.77% | 6.65% | 6.42% | 5.45% | 1.20% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
BSJT and BOND have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BOND has higher volatility (1.41%) compared to BSJT (0.87%). In terms of maximum drawdown, BSJT dropped -19.62% vs BOND's -19.71%.
On 3-year performance, BSJT leads with 8.85% vs 5.30% for BOND. On fees, BSJT is cheaper at 0.42% per year. On volatility, BSJT has been the lower-risk option at 0.87%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, BSJT has performed better with a 8.85% return vs 5.30%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
BSJT is cheaper with a 0.42% expense ratio, compared with 0.54% for BOND.
BSJT has the higher dividend yield at 6.69%, compared with 5.14% for BOND.
BSJT is categorized as High Yield Bonds, while BOND is Intermediate Core-Plus Bond. They also come from different issuers: Invesco and PIMCO. Their fees differ too: 0.42% for BSJT and 0.54% for BOND.
BOND currently has the higher Sharpe Ratio (1.50 vs 1.49), 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.
Find the right allocation for BSJT and BOND
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer