BSJU vs. BRLN
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BSJU or BRLN.
Key characteristics
| BSJU | BRLN | |
|---|---|---|
| YTD Return | 9.23% | 6.44% |
| 1Y Return | 16.29% | 9.08% |
| Sharpe Ratio | 2.82 | 3.02 |
| Sortino Ratio | 4.45 | 4.68 |
| Omega Ratio | 1.56 | 1.60 |
| Calmar Ratio | 6.13 | 8.70 |
| Martin Ratio | 23.00 | 29.32 |
| Ulcer Index | 0.66% | 0.30% |
| Daily Std Dev | 5.37% | 2.95% |
| Max Drawdown | -7.51% | -2.07% |
| Current Drawdown | 0.00% | -0.10% |
Correlation
The correlation between BSJU and BRLN is 0.22, 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.
Performance
BSJU vs. BRLN - Performance Comparison
In the year-to-date period, BSJU achieves a 9.23% return, which is significantly higher than BRLN's 6.44% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BSJU vs. BRLN - Expense Ratio Comparison
BSJU has a 0.42% expense ratio, which is lower than BRLN's 0.55% expense ratio.
Risk-Adjusted Performance
BSJU vs. BRLN - Risk-Adjusted Performance 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.
Dividends
BSJU vs. BRLN - Dividend Comparison
BSJU's dividend yield for the trailing twelve months is around 6.74%, less than BRLN's 7.91% yield.
| TTM | 2023 | 2022 | |
|---|---|---|---|
BSJU Invesco Bulletshares 2030 High Yield Corporate Bond ETF | 6.74% | 6.74% | 2.38% |
BRLN BlackRock Floating Rate Loan ETF | 7.91% | 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 -2.07%. Use the drawdown chart below to compare losses from any high point for BSJU and BRLN. For additional features, visit the drawdowns tool.
Volatility
BSJU vs. BRLN - Volatility Comparison
Invesco Bulletshares 2030 High Yield Corporate Bond ETF (BSJU) has a higher volatility of 1.28% compared to BlackRock Floating Rate Loan ETF (BRLN) at 0.53%. 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.