BSJT vs. SJT

Last updated Apr 2, 2026

Compare and contrast key facts about Invesco BulletShares 2029 High Yield Corporate Bond ETF (BSJT) and San Juan Basin Royalty Trust (SJT).

BSJT is a passively managed fund by Invesco that tracks the performance of the Invesco BulletShares High Yield Corporate Bond 2029 Index. It was launched on Sep 15, 2021.

Performance

BSJT vs. SJT - 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 San Juan Basin Royalty Trust (SJT). The values are adjusted to include any dividend payments, if applicable.

BSJT vs. SJT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
BSJT Invesco BulletShares 2029 High Yield Corporate Bond ETF	-0.40%	7.63%	8.01%	13.59%	-14.85%	-0.52%
SJT San Juan Basin Royalty Trust	-17.44%	46.74%	-22.92%	-50.02%	120.63%	32.24%

Returns By Period

In the year-to-date period, BSJT achieves a -0.40% return, which is significantly higher than SJT's -17.44% return.

BSJT

• 1D: 0.24%
• 1M: -0.22%
• YTD: -0.40%
• 6M: 0.80%
• 1Y: 6.73%
• 3Y*: 7.91%
• 5Y*: —
• 10Y*: —

SJT

• 1D: -3.53%
• 1M: -9.73%
• YTD: -17.44%
• 6M: -26.70%
• 1Y: -17.14%
• 3Y*: -22.18%
• 5Y*: 11.09%
• 10Y*: 6.88%

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

Return for Risk

BSJT vs. SJT — Risk / Return Rank

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

BSJT

BSJT Risk / Return Rank: 68
BSJT Sharpe Ratio Rank: 67
BSJT Sortino Ratio Rank: 68
BSJT Omega Ratio Rank: 69
BSJT Calmar Ratio Rank: 62
BSJT Martin Ratio Rank: 75

SJT

SJT Risk / Return Rank: 23
SJT Sharpe Ratio Rank: 21
SJT Sortino Ratio Rank: 20
SJT Omega Ratio Rank: 21
SJT Calmar Ratio Rank: 25
SJT Martin Ratio Rank: 25

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. SJT - 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 San Juan Basin Royalty Trust (SJT). 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	SJT	Difference
Sharpe ratio Return per unit of total volatility	1.24	-0.45	+1.69
Sortino ratio Return per unit of downside risk	1.78	-0.41	+2.19
Omega ratio Gain probability vs. loss probability	1.27	0.95	+0.31
Calmar ratio Return relative to maximum drawdown	1.70	-0.47	+2.17
Martin ratio Return relative to average drawdown	8.61	-0.93	+9.54
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. SJT - Sharpe Ratio Comparison

The current BSJT Sharpe Ratio is 1.24, which is higher than the SJT Sharpe Ratio of -0.45. The chart below compares the historical Sharpe Ratios of BSJT and SJT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	BSJT	SJT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.24	-0.45	+1.69
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.23	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.14	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.29	0.16	+0.13

Correlation

The correlation between BSJT and SJT is 0.17, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

BSJT vs. SJT - Dividend Comparison

BSJT's dividend yield for the trailing twelve months is around 6.85%, while SJT has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BSJT Invesco BulletShares 2029 High Yield Corporate Bond ETF	6.85%	6.77%	6.65%	6.42%	5.45%	1.20%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SJT San Juan Basin Royalty Trust	0.00%	0.00%	2.89%	21.81%	14.58%	12.67%	5.96%	6.85%	8.03%	10.19%	5.05%	8.81%

Drawdowns

BSJT vs. SJT - Drawdown Comparison

The maximum BSJT drawdown since its inception was -19.62%, smaller than the maximum SJT drawdown of -92.82%. Use the drawdown chart below to compare losses from any high point for BSJT and SJT.

Drawdown Indicators

	BSJT	SJT	Difference
Max Drawdown Largest peak-to-trough decline	-19.62%	-92.82%	+73.20%
Max Drawdown (1Y) Largest decline over 1 year	-4.15%	-34.09%	+29.94%
Max Drawdown (5Y) Largest decline over 5 years	—	-73.47%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-81.54%	—
Current Drawdown Current decline from peak	-1.12%	-67.53%	+66.41%
Average Drawdown Average peak-to-trough decline	-5.64%	-37.49%	+31.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.82%	17.38%	-16.56%

Volatility

BSJT vs. SJT - Volatility Comparison

The current volatility for Invesco BulletShares 2029 High Yield Corporate Bond ETF (BSJT) is 1.82%, while San Juan Basin Royalty Trust (SJT) has a volatility of 10.39%. This indicates that BSJT experiences smaller price fluctuations and is considered to be less risky than SJT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BSJT	SJT	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.82%	10.39%	-8.57%
Volatility (6M) Calculated over the trailing 6-month period	2.70%	26.17%	-23.47%
Volatility (1Y) Calculated over the trailing 1-year period	5.45%	38.66%	-33.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.33%	48.60%	-40.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.33%	49.45%	-41.12%