BSJT vs. BSJQ

Last updated Jun 3, 2026

BSJT (Invesco BulletShares 2029 High Yield Corporate Bond ETF) and BSJQ (Invesco BulletShares 2026 High Yield Corp Bond ETF) are both High Yield Bonds funds from Invesco - BSJT tracks the Invesco BulletShares High Yield Corporate Bond 2029 Index while BSJQ tracks the NASDAQ BulletShares USD High Yield Corporate Bond 2026 TR Index. Both are passively managed. Over the past 3 years, BSJT returned 8.51%/yr vs 6.94%/yr for BSJQ. A 0.79 correlation means they provide meaningful diversification when combined. Both charge a 0.42% expense ratio.

Performance

BSJT vs. BSJQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco BulletShares 2029 High Yield Corporate Bond ETF (BSJT) and Invesco BulletShares 2026 High Yield Corp Bond ETF (BSJQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BSJT achieves a 1.36% return, which is significantly higher than BSJQ's 0.85% return.

BSJT

• 1D: 0.00%
• 1M: 0.38%
• YTD: 1.36%
• 6M: 2.14%
• 1Y: 7.07%
• 3Y*: 8.51%
• 5Y*: —
• 10Y*: —

BSJQ

• 1D: 0.04%
• 1M: -0.39%
• YTD: 0.85%
• 6M: 1.31%
• 1Y: 4.67%
• 3Y*: 6.94%
• 5Y*: 3.76%
• 10Y*: —

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

BSJT vs. BSJQ - 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%	-0.52%
BSJQ Invesco BulletShares 2026 High Yield Corp Bond ETF	0.85%	6.59%	7.49%	9.83%	-7.35%	0.52%

Correlation

The correlation between BSJT and BSJQ is 0.62, 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	0.62
Correlation (3Y) Calculated over the trailing 3-year period	0.72
Correlation (All Time) Calculated using the full available price history since Sep 16, 2021	0.79

The correlation between BSJT and BSJQ shifts across timeframes, from 0.62 (1 year) to 0.79 (all time), reflecting how their relationship changes across market environments.

BSJT vs. BSJQ - Sectors Allocation Comparison

Sectors	BSJT	BSJQ
Consumer Cyclical	9.0%	7.0%
Technology	7.2%	5.0%
Energy	6.7%	1.6%
Industrials	6.3%	2.1%
Communication Services	3.3%	1.8%
Real Estate	3.2%	3.6%
Financial Services	2.9%	39.0%
Basic Materials	2.8%	-
Utilities	1.9%	-
Healthcare	1.6%	-
Consumer Defensive	1.2%	-

Return for Risk

BSJT vs. BSJQ — Risk / Return Rank

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

BSJT

BSJT Risk / Return Rank: 60
BSJT Sharpe Ratio Rank: 56
BSJT Sortino Ratio Rank: 65
BSJT Omega Ratio Rank: 58
BSJT Calmar Ratio Rank: 57
BSJT Martin Ratio Rank: 66

BSJQ

BSJQ Risk / Return Rank: 95
BSJQ Sharpe Ratio Rank: 92
BSJQ Sortino Ratio Rank: 95
BSJQ Omega Ratio Rank: 96
BSJQ Calmar Ratio Rank: 95
BSJQ Martin Ratio Rank: 97

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.

BSJT vs. BSJQ - 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 Invesco BulletShares 2026 High Yield Corp Bond ETF (BSJQ). 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.

	BSJT	BSJQ	Difference
Sharpe ratio Return per unit of total volatility	1.92	3.39	-1.47
Sortino ratio Return per unit of downside risk	3.04	5.31	-2.27
Omega ratio Gain probability vs. loss probability	1.36	1.77	-0.41
Calmar ratio Return relative to maximum drawdown	2.86	8.68	-5.82
Martin ratio Return relative to average drawdown	12.25	43.51	-31.26
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BSJT vs. BSJQ - Sharpe Ratio Comparison

The current BSJT Sharpe Ratio is 1.92, which is lower than the BSJQ Sharpe Ratio of 3.39. The chart below compares the historical Sharpe Ratios of BSJT and BSJQ, 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

	BSJT	BSJQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.92	3.39	-1.47
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.66	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.33	0.54	-0.21

Drawdowns

BSJT vs. BSJQ - Drawdown Comparison

The maximum BSJT drawdown since its inception was -19.62%, smaller than the maximum BSJQ drawdown of -24.13%. Use the drawdown chart below to compare losses from any high point for BSJT and BSJQ.

Drawdown Indicators

	BSJT	BSJQ	Difference
Max Drawdown Largest peak-to-trough decline	-19.62%	-24.13%	+4.51%
Max Drawdown (1Y) Largest decline over 1 year	-2.47%	-0.54%	-1.93%
Max Drawdown (3Y) Largest decline over 3 years	-5.59%	-2.66%	-2.93%
Max Drawdown (5Y) Largest decline over 5 years	—	-11.95%	—
Current Drawdown Current decline from peak	0.00%	-0.43%	+0.43%
Average Drawdown Average peak-to-trough decline	-5.45%	-2.17%	-3.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.58%	0.11%	+0.47%

Volatility

BSJT vs. BSJQ - Volatility Comparison

Invesco BulletShares 2029 High Yield Corporate Bond ETF (BSJT) has a higher volatility of 0.99% compared to Invesco BulletShares 2026 High Yield Corp Bond ETF (BSJQ) at 0.55%. This indicates that BSJT's price experiences larger fluctuations and is considered to be riskier than BSJQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BSJT	BSJQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.99%	0.55%	+0.44%
Volatility (6M) Calculated over the trailing 6-month period	2.62%	0.99%	+1.63%
Volatility (1Y) Calculated over the trailing 1-year period	3.69%	1.38%	+2.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.21%	5.73%	+2.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.21%	8.45%	-0.24%

BSJT vs. BSJQ - Expense Ratio Comparison

Both BSJT and BSJQ have an expense ratio of 0.42%.

Dividends

BSJT vs. BSJQ - Dividend Comparison

BSJT's dividend yield for the trailing twelve months is around 6.75%, more than BSJQ's 5.83% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BSJQ Invesco BulletShares 2026 High Yield Corp Bond ETF	5.83%	6.10%	6.58%	6.58%	5.58%	4.27%	4.64%	4.59%	2.39%
BSJT Invesco BulletShares 2029 High Yield Corporate Bond ETF	6.75%	6.77%	6.65%	6.42%	5.45%	1.20%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BSJT and BSJQ in my portfolio?

BSJT and BSJQ have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BSJT or BSJQ?

BSJT has higher volatility (0.99%) compared to BSJQ (0.55%). In terms of maximum drawdown, BSJT dropped -19.62% vs BSJQ's -24.13%.

Which ETF is better, BSJT or BSJQ?

On 3-year performance, BSJT leads with 8.51% vs 6.94% for BSJQ. Both ETFs have the same 0.42% expense ratio. On volatility, BSJQ has been the lower-risk option at 0.55%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BSJT or BSJQ?

Over the 3-year period, BSJT has performed better with a 8.51% return vs 6.94%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BSJT or BSJQ?

BSJT and BSJQ have the same expense ratio: 0.42% per year.

Which ETF pays a higher dividend yield, BSJT or BSJQ?

BSJT has the higher dividend yield at 6.75%, compared with 5.83% for BSJQ.

What is the main difference between BSJT and BSJQ?

BSJT tracks Invesco BulletShares High Yield Corporate Bond 2029 Index, while BSJQ tracks NASDAQ BulletShares USD High Yield Corporate Bond 2026 TR Index.

Which has better risk-adjusted returns?

BSJQ currently has the higher Sharpe Ratio (3.39 vs 1.92), 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.