BSJT vs. RBIL

Last updated Jun 24, 2026

BSJT (Invesco BulletShares 2029 High Yield Corporate Bond ETF) and RBIL (F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF) are both exchange-traded funds - BSJT is a High Yield Bonds fund tracking the Invesco BulletShares High Yield Corporate Bond 2029 Index, while RBIL is a Inflation-Protected Bonds fund tracking the Bloomberg US Ultrashort TIPS 1-13 Months Index. Both are passively managed. Over the past year, BSJT returned 6.00% vs 4.07% for RBIL. At a correlation of -0.15, they often move in opposite directions. BSJT charges 0.42%/yr vs 0.17%/yr for RBIL.

Performance

BSJT vs. RBIL - 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 F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF (RBIL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BSJT achieves a 1.40% return, which is significantly lower than RBIL's 2.32% return.

BSJT

• 1D: -0.02%
• 1M: 0.52%
• YTD: 1.40%
• 6M: 1.55%
• 1Y: 6.00%
• 3Y*: 8.86%
• 5Y*: —
• 10Y*: —

RBIL

• 1D: 0.01%
• 1M: -0.19%
• YTD: 2.32%
• 6M: 2.37%
• 1Y: 4.07%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BSJT vs. RBIL - Yearly Performance Comparison

	2026 (YTD)	2025
BSJT Invesco BulletShares 2029 High Yield Corporate Bond ETF	1.40%	5.75%
RBIL F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF	2.32%	2.85%

Correlation

The correlation between BSJT and RBIL is -0.20, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.20
Correlation (All Time) Calculated using the full available price history since Feb 25, 2025	-0.15

Return for Risk

BSJT vs. RBIL — Risk / Return Rank

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

BSJT

BSJT Risk / Return Rank: 55
BSJT Sharpe Ratio Rank: 51
BSJT Sortino Ratio Rank: 59
BSJT Omega Ratio Rank: 51
BSJT Calmar Ratio Rank: 53
BSJT Martin Ratio Rank: 62

RBIL

RBIL Risk / Return Rank: 97
RBIL Sharpe Ratio Rank: 97
RBIL Sortino Ratio Rank: 98
RBIL Omega Ratio Rank: 98
RBIL Calmar Ratio Rank: 96
RBIL 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. RBIL - 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 F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF (RBIL). 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	RBIL	Difference
Sharpe ratio: Return per unit of total volatility	1.64	4.35	-2.71
Sortino ratio: Return per unit of downside risk	2.58	6.69	-4.11
Omega ratio: Gain probability vs. loss probability	1.30	2.13	-0.83
Calmar ratio: Return relative to maximum drawdown	2.44	7.82	-5.39
Martin ratio: Return relative to average drawdown	10.42	42.95	-32.53

BSJT vs. RBIL - Sharpe Ratio Comparison

The current BSJT Sharpe Ratio is 1.64, which is lower than the RBIL Sharpe Ratio of 4.35. The chart below compares the historical Sharpe Ratios of BSJT and RBIL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BSJT vs. RBIL - Drawdown Comparison

The maximum BSJT drawdown since its inception was -19.62%, which is greater than RBIL's maximum drawdown of -0.52%. Use the drawdown chart below to compare losses from any high point for BSJT and RBIL.

Drawdown Indicators

	BSJT	RBIL	Difference
Max Drawdown Largest peak-to-trough decline	-19.62%	-0.52%	-19.10%
Max Drawdown (1Y) Largest decline over 1 year	-2.47%	-0.52%	-1.95%
Max Drawdown (3Y) Largest decline over 3 years	-5.59%	—	—
Current Drawdown Current decline from peak	-0.21%	-0.50%	+0.29%
Average Drawdown Average peak-to-trough decline	-5.38%	-0.07%	-5.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.58%	0.10%	+0.48%

Volatility

BSJT vs. RBIL - Volatility Comparison

Invesco BulletShares 2029 High Yield Corporate Bond ETF (BSJT) has a higher volatility of 0.88% compared to F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF (RBIL) at 0.36%. This indicates that BSJT's price experiences larger fluctuations and is considered to be riskier than RBIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BSJT	RBIL	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.88%	0.36%	+0.52%
Volatility (6M) Calculated over the trailing 6-month period	2.67%	0.85%	+1.82%
Volatility (1Y) Calculated over the trailing 1-year period	3.68%	0.95%	+2.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.17%	1.07%	+7.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.17%	1.07%	+7.10%

BSJT vs. RBIL - Expense Ratio Comparison

BSJT has a 0.42% expense ratio, which is higher than RBIL's 0.17% expense ratio.

Dividends

BSJT vs. RBIL - Dividend Comparison

BSJT's dividend yield for the trailing twelve months is around 6.69%, more than RBIL's 4.38% yield.

Position	TTM	2025	2024	2023	2022	2021
BSJT Invesco BulletShares 2029 High Yield Corporate Bond ETF	6.69%	6.77%	6.65%	6.42%	5.45%	1.20%
RBIL F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF	4.38%	3.65%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BSJT and RBIL in my portfolio?

BSJT and RBIL have a correlation of -0.20, 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 RBIL?

BSJT has higher volatility (0.88%) compared to RBIL (0.36%). In terms of maximum drawdown, BSJT dropped -19.62% vs RBIL's -0.52%.

Which ETF is better, BSJT or RBIL?

On 1-year performance, BSJT leads with 6.00% vs 4.07% for RBIL. On fees, RBIL is cheaper at 0.17% per year. On volatility, RBIL has been the lower-risk option at 0.36%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BSJT or RBIL?

Over the 1-year period, BSJT has performed better with a 6.00% return vs 4.07%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BSJT or RBIL?

RBIL is cheaper with a 0.17% expense ratio, compared with 0.42% for BSJT.

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

BSJT has the higher dividend yield at 6.69%, compared with 4.38% for RBIL.

What is the main difference between BSJT and RBIL?

BSJT is categorized as High Yield Bonds, while RBIL is Inflation-Protected Bonds. BSJT tracks Invesco BulletShares High Yield Corporate Bond 2029 Index, while RBIL tracks Bloomberg US Ultrashort TIPS 1-13 Months Index. They also come from different issuers: Invesco and F/m. Their fees differ too: 0.42% for BSJT and 0.17% for RBIL.

Which has better risk-adjusted returns?

RBIL currently has the higher Sharpe Ratio (4.35 vs 1.64), 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.