BSJU vs. CLOZ
Compare and contrast key facts about Invesco Bulletshares 2030 High Yield Corporate Bond ETF (BSJU) and Panagram Bbb-B Clo ETF (CLOZ).
BSJU and CLOZ 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. CLOZ is an actively managed fund by Panagram. It was launched on Jan 23, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BSJU or CLOZ.
Correlation
The correlation between BSJU and CLOZ is 0.15, 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. CLOZ - Performance Comparison
Key characteristics
BSJU:
1.35
CLOZ:
1.42
BSJU:
2.02
CLOZ:
1.86
BSJU:
1.28
CLOZ:
1.52
BSJU:
1.62
CLOZ:
1.23
BSJU:
8.17
CLOZ:
5.98
BSJU:
1.01%
CLOZ:
1.09%
BSJU:
6.11%
CLOZ:
4.62%
BSJU:
-7.51%
CLOZ:
-5.33%
BSJU:
-0.87%
CLOZ:
-2.35%
Returns By Period
In the year-to-date period, BSJU achieves a 1.41% return, which is significantly higher than CLOZ's -0.90% return.
BSJU
1.41%
0.54%
1.82%
8.31%
N/A
N/A
CLOZ
-0.90%
-0.57%
1.82%
6.43%
N/A
N/A
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BSJU vs. CLOZ - Expense Ratio Comparison
BSJU has a 0.42% expense ratio, which is lower than CLOZ's 0.50% expense ratio.
Risk-Adjusted Performance
BSJU vs. CLOZ — Risk-Adjusted Performance Rank
BSJU
CLOZ
BSJU vs. CLOZ - 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 Panagram Bbb-B Clo ETF (CLOZ). 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. CLOZ - Dividend Comparison
BSJU's dividend yield for the trailing twelve months is around 7.17%, less than CLOZ's 8.79% yield.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
BSJU Invesco Bulletshares 2030 High Yield Corporate Bond ETF | 7.17% | 7.08% | 6.74% | 2.38% |
CLOZ Panagram Bbb-B Clo ETF | 8.79% | 9.09% | 8.81% | 0.00% |
Drawdowns
BSJU vs. CLOZ - Drawdown Comparison
The maximum BSJU drawdown since its inception was -7.51%, which is greater than CLOZ's maximum drawdown of -5.33%. Use the drawdown chart below to compare losses from any high point for BSJU and CLOZ. For additional features, visit the drawdowns tool.
Volatility
BSJU vs. CLOZ - Volatility Comparison
Invesco Bulletshares 2030 High Yield Corporate Bond ETF (BSJU) and Panagram Bbb-B Clo ETF (CLOZ) have volatilities of 4.26% and 4.31%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.