BSJU vs. BRLN

Last updated Jun 3, 2026

BSJU (Invesco Bulletshares 2030 High Yield Corporate Bond ETF) and BRLN (BlackRock Floating Rate Loan ETF) are both exchange-traded funds - BSJU is a High Yield Bonds fund tracking the Invesco BulletShares High Yield Corporate Bond 2030 Index, while BRLN is a Bank Loan fund actively managed by BlackRock. BSJU is passively managed, while BRLN is actively managed. Over the past 3 years, BSJU returned 8.61%/yr vs 7.43%/yr for BRLN. At a 0.20 correlation, their price movements are largely independent. BSJU charges 0.42%/yr vs 0.55%/yr for BRLN.

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.

Returns By Period

In the year-to-date period, BSJU achieves a 1.80% return, which is significantly higher than BRLN's 1.56% return.

BSJU

• 1D: 0.04%
• 1M: 0.34%
• YTD: 1.80%
• 6M: 2.35%
• 1Y: 7.72%
• 3Y*: 8.61%
• 5Y*: —
• 10Y*: —

BRLN

• 1D: 0.17%
• 1M: 1.38%
• YTD: 1.56%
• 6M: 2.30%
• 1Y: 5.30%
• 3Y*: 7.43%
• 5Y*: —
• 10Y*: —

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

BSJU vs. BRLN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
BSJU Invesco Bulletshares 2030 High Yield Corporate Bond ETF	1.80%	8.58%	8.20%	12.91%	1.86%
BRLN BlackRock Floating Rate Loan ETF	1.56%	5.38%	7.49%	13.42%	2.13%

Correlation

The correlation between BSJU and BRLN is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.12
Correlation (3Y) Calculated over the trailing 3-year period	0.21
Correlation (All Time) Calculated using the full available price history since Oct 7, 2022	0.20

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: 64
BSJU Sharpe Ratio Rank: 57
BSJU Sortino Ratio Rank: 64
BSJU Omega Ratio Rank: 63
BSJU Calmar Ratio Rank: 60
BSJU Martin Ratio Rank: 74

BRLN

BRLN Risk / Return Rank: 56
BRLN Sharpe Ratio Rank: 50
BRLN Sortino Ratio Rank: 56
BRLN Omega Ratio Rank: 54
BRLN Calmar Ratio Rank: 57
BRLN Martin Ratio Rank: 61

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	1.99	1.74	+0.24
Sortino ratio Return per unit of downside risk	3.03	2.71	+0.32
Omega ratio Gain probability vs. loss probability	1.39	1.34	+0.05
Calmar ratio Return relative to maximum drawdown	3.05	2.89	+0.16
Martin ratio Return relative to average drawdown	14.29	11.26	+3.03
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 1.99, which is comparable to the BRLN Sharpe Ratio of 1.74. The chart below compares the historical Sharpe Ratios of BSJU and BRLN, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BSJU	BRLN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.99	1.74	+0.24
Sharpe Ratio (All Time) Calculated using the full available price history	0.99	2.21	-1.22

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	-2.53%	-2.00%	-0.53%
Max Drawdown (3Y) Largest decline over 3 years	-5.12%	-3.85%	-1.27%
Current Drawdown Current decline from peak	-0.10%	0.00%	-0.10%
Average Drawdown Average peak-to-trough decline	-1.08%	-0.31%	-0.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.54%	0.51%	+0.03%

Volatility

BSJU vs. BRLN - Volatility Comparison

Invesco Bulletshares 2030 High Yield Corporate Bond ETF (BSJU) has a higher volatility of 1.26% compared to BlackRock Floating Rate Loan ETF (BRLN) at 0.78%. 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	1.26%	0.78%	+0.48%
Volatility (6M) Calculated over the trailing 6-month period	3.06%	2.23%	+0.83%
Volatility (1Y) Calculated over the trailing 1-year period	3.90%	3.08%	+0.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.91%	3.73%	+4.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.91%	3.73%	+4.18%

BSJU vs. BRLN - Expense Ratio Comparison

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

Dividends

BSJU vs. BRLN - Dividend Comparison

BSJU's dividend yield for the trailing twelve months is around 6.62%, more than BRLN's 6.34% yield.

Position	TTM	2025	2024	2023	2022
BRLN BlackRock Floating Rate Loan ETF	6.34%	6.50%	7.87%	9.06%	1.48%
BSJU Invesco Bulletshares 2030 High Yield Corporate Bond ETF	6.62%	6.52%	7.08%	6.74%	2.38%

Frequently Asked Questions

Can I hold both BSJU and BRLN in my portfolio?

BSJU and BRLN have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BSJU or BRLN?

BSJU has higher volatility (1.26%) compared to BRLN (0.78%). In terms of maximum drawdown, BSJU dropped -7.51% vs BRLN's -3.85%.

Which ETF is better, BSJU or BRLN?

On 3-year performance, BSJU leads with 8.61% vs 7.43% for BRLN. On fees, BSJU is cheaper at 0.42% per year. On volatility, BRLN has been the lower-risk option at 0.78%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BSJU or BRLN?

Over the 3-year period, BSJU has performed better with a 8.61% return vs 7.43%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BSJU or BRLN?

BSJU is cheaper with a 0.42% expense ratio, compared with 0.55% for BRLN.

Which ETF pays a higher dividend yield, BSJU or BRLN?

BSJU has the higher dividend yield at 6.62%, compared with 6.34% for BRLN.

What is the main difference between BSJU and BRLN?

BSJU is categorized as High Yield Bonds, while BRLN is Bank Loan. They also come from different issuers: Invesco and BlackRock. Their fees differ too: 0.42% for BSJU and 0.55% for BRLN.

Which has better risk-adjusted returns?

BSJU currently has the higher Sharpe Ratio (1.99 vs 1.74), 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.