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BSJU vs. BITI
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

BSJU vs. BITI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Bulletshares 2030 High Yield Corporate Bond ETF (BSJU) and ProShares Short Bitcoin ETF (BITI). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, BSJU achieves a 2.20% return, which is significantly lower than BITI's 23.84% return.


BSJU

1D
0.17%
1M
0.39%
6M
1.68%
YTD
2.20%
1Y
6.30%
3Y*
8.40%
5Y*
10Y*

BITI

1D
-3.81%
1M
-2.41%
6M
34.02%
YTD
23.84%
1Y
64.31%
3Y*
-31.54%
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

BSJU vs. BITI - Yearly Performance Comparison


2026 (YTD)2025202420232022
BSJU
Invesco Bulletshares 2030 High Yield Corporate Bond ETF
2.20%8.58%8.20%12.91%-2.11%
BITI
ProShares Short Bitcoin ETF
23.84%-1.76%-62.60%-66.17%-1.91%

Correlation

The correlation between BSJU and BITI is -0.45, 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

-0.45

Correlation (3Y)
Calculated over the trailing 3-year period

-0.32

Correlation (All Time)
Calculated using the full available price history since Sep 8, 2022

-0.31

The correlation between BSJU and BITI shifts across timeframes, from -0.45 (1 year) to -0.31 (all time), reflecting how their relationship changes across market environments.

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Return for Risk

BSJU vs. BITI — Risk / Return Rank

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

BSJU
BSJU Risk / Return Rank: 6767
Overall Rank
BSJU Sharpe Ratio Rank: 6161
Sharpe Ratio Rank
BSJU Sortino Ratio Rank: 6666
Sortino Ratio Rank
BSJU Omega Ratio Rank: 6565
Omega Ratio Rank
BSJU Calmar Ratio Rank: 6363
Calmar Ratio Rank
BSJU Martin Ratio Rank: 7878
Martin Ratio Rank

BITI
BITI Risk / Return Rank: 5353
Overall Rank
BITI Sharpe Ratio Rank: 5353
Sharpe Ratio Rank
BITI Sortino Ratio Rank: 5151
Sortino Ratio Rank
BITI Omega Ratio Rank: 4747
Omega Ratio Rank
BITI Calmar Ratio Rank: 6464
Calmar Ratio Rank
BITI Martin Ratio Rank: 4848
Martin Ratio Rank
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.

BSJU vs. BITI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Bulletshares 2030 High Yield Corporate Bond ETF (BSJU) and ProShares Short Bitcoin ETF (BITI). 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.


BSJUBITIDifference
Sharpe ratioReturn per unit of total volatility

+0.15

Sortino ratioReturn per unit of downside risk

+0.41

Omega ratioGain probability vs. loss probability

1.31

1.24

+0.07

Calmar ratioReturn relative to maximum drawdown

2.50

2.56

-0.06

Martin ratioReturn relative to average drawdown

11.67

6.37

+5.30

BSJU vs. BITI - Sharpe Ratio Comparison

The current BSJU Sharpe Ratio is 1.62, which is comparable to the BITI Sharpe Ratio of 1.46. The chart below compares the historical Sharpe Ratios of BSJU and BITI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

BSJU vs. BITI - Drawdown Comparison

The maximum BSJU drawdown since its inception was -7.51%, smaller than the maximum BITI drawdown of -92.16%. Use the drawdown chart below to compare losses from any high point for BSJU and BITI.


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Drawdown Indicators


BSJUBITIDifference

Max Drawdown

Largest peak-to-trough decline

-7.51%

-92.16%

+84.65%

Max Drawdown (1Y)

Largest decline over 1 year

-2.53%

-25.28%

+22.75%

Max Drawdown (3Y)

Largest decline over 3 years

-5.09%

-84.63%

+79.54%

Current Drawdown

Current decline from peak

-0.25%

-86.48%

+86.23%

Average Drawdown

Average peak-to-trough decline

-1.06%

-68.36%

+67.30%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.54%

10.13%

-9.59%

Volatility

BSJU vs. BITI - Volatility Comparison

The current volatility for Invesco Bulletshares 2030 High Yield Corporate Bond ETF (BSJU) is 0.75%, while ProShares Short Bitcoin ETF (BITI) has a volatility of 11.73%. This indicates that BSJU experiences smaller price fluctuations and is considered to be less risky than BITI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


BSJUBITIDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.75%

11.73%

-10.98%

Volatility (6M)

Calculated over the trailing 6-month period

3.14%

34.49%

-31.35%

Volatility (1Y)

Calculated over the trailing 1-year period

3.92%

44.24%

-40.32%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

7.81%

52.29%

-44.48%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

7.81%

52.29%

-44.48%

BSJU vs. BITI - Expense Ratio Comparison

BSJU has a 0.42% expense ratio, which is lower than BITI's 1.03% expense ratio.


Dividends

BSJU vs. BITI - Dividend Comparison

BSJU's dividend yield for the trailing twelve months is around 6.63%, less than BITI's 15.70% yield.


PositionTTM2025202420232022
BITI
ProShares Short Bitcoin ETF
15.70%1.60%3.91%3.33%0.06%
BSJU
Invesco Bulletshares 2030 High Yield Corporate Bond ETF
6.63%6.52%7.08%6.74%2.38%

Frequently Asked Questions


BSJU and BITI have a correlation of -0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

BITI has higher volatility (11.73%) compared to BSJU (0.75%). In terms of maximum drawdown, BSJU dropped -7.51% vs BITI's -92.16%.

On 3-year performance, BSJU leads with 8.40% vs -31.54% for BITI. On fees, BSJU is cheaper at 0.42% per year. On volatility, BSJU has been the lower-risk option at 0.75%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 3-year period, BSJU has performed better with a 8.40% return vs -31.54%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

BSJU is cheaper with a 0.42% expense ratio, compared with 1.03% for BITI.

BITI has the higher dividend yield at 15.70%, compared with 6.63% for BSJU.

BSJU is categorized as High Yield Bonds, while BITI is Cryptocurrency. BSJU tracks Invesco BulletShares High Yield Corporate Bond 2030 Index, while BITI tracks Bloomberg Bitcoin Index. They also come from different issuers: Invesco and ProShares. Their fees differ too: 0.42% for BSJU and 1.03% for BITI.

BSJU currently has the higher Sharpe Ratio (1.62 vs 1.46), 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.

Portfolio Optimizer

Find the right allocation for BSJU and BITI

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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