BSJU vs. BRLN

Last updated Apr 2, 2026

Compare and contrast key facts about Invesco Bulletshares 2030 High Yield Corporate Bond ETF (BSJU) and BlackRock Floating Rate Loan ETF (BRLN).

BSJU and BRLN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BSJU is a passively managed fund by Invesco that tracks the performance of the Invesco BulletShares High Yield Corporate Bond 2030 Index. It was launched on Sep 6, 2022. BRLN is an actively managed fund by BlackRock. It was launched on Oct 4, 2022.

Performance

BSJU vs. BRLN - 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 BlackRock Floating Rate Loan ETF (BRLN). The values are adjusted to include any dividend payments, if applicable.

BSJU vs. BRLN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
BSJU Invesco Bulletshares 2030 High Yield Corporate Bond ETF	-0.14%	8.58%	8.20%	12.91%	1.86%
BRLN BlackRock Floating Rate Loan ETF	-0.55%	5.38%	7.49%	13.42%	2.13%

Returns By Period

In the year-to-date period, BSJU achieves a -0.14% return, which is significantly higher than BRLN's -0.55% return.

BSJU

• 1D: 0.27%
• 1M: -0.59%
• YTD: -0.14%
• 6M: 1.19%
• 1Y: 7.20%
• 3Y*: 7.97%
• 5Y*: —
• 10Y*: —

BRLN

• 1D: 0.18%
• 1M: 0.58%
• YTD: -0.55%
• 6M: 0.78%
• 1Y: 4.50%
• 3Y*: 7.44%
• 5Y*: —
• 10Y*: —

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

BSJU vs. BRLN - Expense Ratio Comparison

BSJU has a 0.42% expense ratio, which is lower than BRLN's 0.55% expense ratio.

BRLN

BlackRock Floating Rate Loan ETF

BSJU

Invesco Bulletshares 2030 High Yield Corporate Bond ETF

Return for Risk

BSJU vs. BRLN — Risk / Return Rank

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

BSJU

BSJU Risk / Return Rank: 72
BSJU Sharpe Ratio Rank: 68
BSJU Sortino Ratio Rank: 73
BSJU Omega Ratio Rank: 73
BSJU Calmar Ratio Rank: 65
BSJU Martin Ratio Rank: 81

BRLN

BRLN Risk / Return Rank: 60
BRLN Sharpe Ratio Rank: 63
BRLN Sortino Ratio Rank: 64
BRLN Omega Ratio Rank: 60
BRLN Calmar Ratio Rank: 50
BRLN Martin Ratio Rank: 64

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. BRLN - 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 BlackRock Floating Rate Loan ETF (BRLN). 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.

	BSJU	BRLN	Difference
Sharpe ratio Return per unit of total volatility	1.26	1.15	+0.11
Sortino ratio Return per unit of downside risk	1.93	1.68	+0.25
Omega ratio Gain probability vs. loss probability	1.29	1.23	+0.06
Calmar ratio Return relative to maximum drawdown	1.81	1.37	+0.44
Martin ratio Return relative to average drawdown	9.75	6.77	+2.98
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BSJU vs. BRLN - Sharpe Ratio Comparison

The current BSJU Sharpe Ratio is 1.26, which is comparable to the BRLN Sharpe Ratio of 1.15. The chart below compares the historical Sharpe Ratios of BSJU and BRLN, 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

	BSJU	BRLN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.26	1.15	+0.11
Sharpe Ratio (All Time) Calculated using the full available price history	0.95	2.12	-1.17

Correlation

The correlation between BSJU and BRLN is 0.21, 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

BSJU vs. BRLN - Dividend Comparison

BSJU's dividend yield for the trailing twelve months is around 6.62%, which matches BRLN's 6.60% yield.

	TTM	2025	2024	2023	2022
BSJU Invesco Bulletshares 2030 High Yield Corporate Bond ETF	6.62%	6.52%	7.08%	6.74%	2.38%
BRLN BlackRock Floating Rate Loan ETF	6.60%	6.50%	7.87%	9.06%	1.48%

Drawdowns

BSJU vs. BRLN - Drawdown Comparison

The maximum BSJU drawdown since its inception was -7.51%, which is greater than BRLN's maximum drawdown of -3.85%. Use the drawdown chart below to compare losses from any high point for BSJU and BRLN.

Drawdown Indicators

	BSJU	BRLN	Difference
Max Drawdown Largest peak-to-trough decline	-7.51%	-3.85%	-3.66%
Max Drawdown (1Y) Largest decline over 1 year	-4.14%	-2.89%	-1.25%
Current Drawdown Current decline from peak	-0.97%	-0.86%	-0.11%
Average Drawdown Average peak-to-trough decline	-1.12%	-0.32%	-0.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.77%	0.67%	+0.10%

Volatility

BSJU vs. BRLN - Volatility Comparison

Invesco Bulletshares 2030 High Yield Corporate Bond ETF (BSJU) has a higher volatility of 2.30% compared to BlackRock Floating Rate Loan ETF (BRLN) at 1.30%. This indicates that BSJU's price experiences larger fluctuations and is considered to be riskier than BRLN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BSJU	BRLN	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.30%	1.30%	+1.00%
Volatility (6M) Calculated over the trailing 6-month period	3.01%	2.25%	+0.76%
Volatility (1Y) Calculated over the trailing 1-year period	5.75%	3.94%	+1.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.04%	3.78%	+4.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.04%	3.78%	+4.26%