BSJU vs. QQQM
BSJU (Invesco Bulletshares 2030 High Yield Corporate Bond ETF) and QQQM (Invesco NASDAQ 100 ETF) are both exchange-traded funds - BSJU is a High Yield Bonds fund tracking the Invesco BulletShares High Yield Corporate Bond 2030 Index, while QQQM is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past 3 years, BSJU returned 8.46%/yr vs 26.56%/yr for QQQM. A 0.62 correlation means they provide meaningful diversification when combined. BSJU charges 0.42%/yr vs 0.15%/yr for QQQM.
Performance
BSJU vs. QQQM - Performance Comparison
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Returns By Period
In the year-to-date period, BSJU achieves a 1.21% return, which is significantly lower than QQQM's 14.96% return.
BSJU
- 1D
- -0.43%
- 1M
- -0.34%
- YTD
- 1.21%
- 6M
- 1.59%
- 1Y
- 6.80%
- 3Y*
- 8.46%
- 5Y*
- —
- 10Y*
- —
QQQM
- 1D
- -4.78%
- 1M
- 1.38%
- YTD
- 14.96%
- 6M
- 13.04%
- 1Y
- 35.13%
- 3Y*
- 26.56%
- 5Y*
- 16.79%
- 10Y*
- —
BSJU vs. QQQM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
BSJU Invesco Bulletshares 2030 High Yield Corporate Bond ETF | 1.21% | 8.58% | 8.20% | 12.91% | -2.11% |
QQQM Invesco NASDAQ 100 ETF | 14.96% | 20.85% | 25.68% | 55.01% | -11.00% |
Correlation
The correlation between BSJU and QQQM is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.65 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.59 |
Correlation (All Time) Calculated using the full available price history since Sep 9, 2022 | 0.62 |
The correlation between BSJU and QQQM has been stable across timeframes, ranging from 0.59 to 0.65 - a consistent structural relationship.
BSJU vs. QQQM - Sectors Allocation Comparison
Sectors
BSJU
QQQM
Consumer Cyclical
Energy
Healthcare
Financial Services
Industrials
Real Estate
Technology
Communication Services
Consumer Defensive
Basic Materials
Utilities
Consumer Cyclical
BSJU
QQQM
Energy
BSJU
QQQM
Healthcare
BSJU
QQQM
Financial Services
BSJU
QQQM
Industrials
BSJU
QQQM
Real Estate
BSJU
QQQM
Technology
BSJU
QQQM
Communication Services
BSJU
QQQM
Consumer Defensive
BSJU
QQQM
Basic Materials
BSJU
QQQM
Utilities
BSJU
QQQM
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Return for Risk
BSJU vs. QQQM — Risk / Return Rank
BSJU
QQQM
BSJU vs. QQQM - 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 Invesco NASDAQ 100 ETF (QQQM). 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 | QQQM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.38 | ||
| Sortino ratioReturn per unit of downside risk | -0.10 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.37 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.70 | 2.95 | -0.25 |
| Martin ratioReturn relative to average drawdown | 12.57 | 11.24 | +1.33 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BSJU | QQQM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.74 | 2.12 | -0.38 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.75 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.96 | 0.79 | +0.17 |
Drawdowns
BSJU vs. QQQM - Drawdown Comparison
The maximum BSJU drawdown since its inception was -7.51%, smaller than the maximum QQQM drawdown of -35.04%. Use the drawdown chart below to compare losses from any high point for BSJU and QQQM.
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Drawdown Indicators
| BSJU | QQQM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -7.51% | -35.04% | +27.53% |
Max Drawdown (1Y)Largest decline over 1 year | -2.53% | -11.96% | +9.43% |
Max Drawdown (3Y)Largest decline over 3 years | -5.12% | -22.70% | +17.58% |
Max Drawdown (5Y)Largest decline over 5 years | — | -35.04% | — |
Current DrawdownCurrent decline from peak | -0.68% | -5.49% | +4.81% |
Average DrawdownAverage peak-to-trough decline | -1.08% | -8.24% | +7.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.54% | 3.13% | -2.59% |
Volatility
BSJU vs. QQQM - Volatility Comparison
The current volatility for Invesco Bulletshares 2030 High Yield Corporate Bond ETF (BSJU) is 1.28%, while Invesco NASDAQ 100 ETF (QQQM) has a volatility of 6.68%. This indicates that BSJU experiences smaller price fluctuations and is considered to be less risky than QQQM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BSJU | QQQM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.28% | 6.68% | -5.40% |
Volatility (6M)Calculated over the trailing 6-month period | 3.09% | 13.07% | -9.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.92% | 16.66% | -12.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.90% | 22.33% | -14.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.90% | 22.20% | -14.30% |
BSJU vs. QQQM - Expense Ratio Comparison
BSJU has a 0.42% expense ratio, which is higher than QQQM's 0.15% expense ratio.
Dividends
BSJU vs. QQQM - Dividend Comparison
BSJU's dividend yield for the trailing twelve months is around 6.66%, more than QQQM's 0.44% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
BSJU Invesco Bulletshares 2030 High Yield Corporate Bond ETF | 6.66% | 6.52% | 7.08% | 6.74% | 2.38% | 0.00% | 0.00% |
QQQM Invesco NASDAQ 100 ETF | 0.44% | 0.50% | 0.61% | 0.65% | 0.83% | 0.40% | 0.16% |
Frequently Asked Questions
BSJU and QQQM have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QQQM has higher volatility (6.68%) compared to BSJU (1.28%). In terms of maximum drawdown, BSJU dropped -7.51% vs QQQM's -35.04%.
On 3-year performance, QQQM leads with 26.56% vs 8.46% for BSJU. On fees, QQQM is cheaper at 0.15% per year. On volatility, BSJU has been the lower-risk option at 1.28%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, QQQM has performed better with a 26.56% return vs 8.46%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
QQQM is cheaper with a 0.15% expense ratio, compared with 0.42% for BSJU.
BSJU has the higher dividend yield at 6.66%, compared with 0.44% for QQQM.
BSJU is categorized as High Yield Bonds, while QQQM is Nasdaq-100. BSJU tracks Invesco BulletShares High Yield Corporate Bond 2030 Index, while QQQM tracks NASDAQ-100 Index. Their fees differ too: 0.42% for BSJU and 0.15% for QQQM.
QQQM currently has the higher Sharpe Ratio (2.12 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.
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