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BSJV vs. BSCV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BSJV and BSCV is 0.26, 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

BSJV vs. BSCV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco BulletShares 2031 High Yield Corporate Bond ETF (BSJV) and Invesco BulletShares 2031 Corporate Bond ETF (BSCV). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

BSJV:

1.15

BSCV:

1.32

Sortino Ratio

BSJV:

1.65

BSCV:

1.82

Omega Ratio

BSJV:

1.22

BSCV:

1.23

Calmar Ratio

BSJV:

1.43

BSCV:

0.53

Martin Ratio

BSJV:

5.78

BSCV:

4.37

Ulcer Index

BSJV:

1.29%

BSCV:

1.55%

Daily Std Dev

BSJV:

6.60%

BSCV:

5.38%

Max Drawdown

BSJV:

-5.22%

BSCV:

-23.27%

Current Drawdown

BSJV:

-0.12%

BSCV:

-5.67%

Returns By Period

In the year-to-date period, BSJV achieves a 3.28% return, which is significantly higher than BSCV's 3.09% return.


BSJV

YTD

3.28%

1M

2.75%

6M

2.67%

1Y

7.55%

3Y*

N/A

5Y*

N/A

10Y*

N/A

BSCV

YTD

3.09%

1M

0.80%

6M

2.79%

1Y

7.06%

3Y*

3.56%

5Y*

N/A

10Y*

N/A

*Annualized

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BSJV vs. BSCV - Expense Ratio Comparison

BSJV has a 0.42% expense ratio, which is higher than BSCV's 0.10% expense ratio.


Risk-Adjusted Performance

BSJV vs. BSCV — Risk-Adjusted Performance Rank

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

BSJV
The Risk-Adjusted Performance Rank of BSJV is 8686
Overall Rank
The Sharpe Ratio Rank of BSJV is 8585
Sharpe Ratio Rank
The Sortino Ratio Rank of BSJV is 8585
Sortino Ratio Rank
The Omega Ratio Rank of BSJV is 8484
Omega Ratio Rank
The Calmar Ratio Rank of BSJV is 8888
Calmar Ratio Rank
The Martin Ratio Rank of BSJV is 8686
Martin Ratio Rank

BSCV
The Risk-Adjusted Performance Rank of BSCV is 8080
Overall Rank
The Sharpe Ratio Rank of BSCV is 8888
Sharpe Ratio Rank
The Sortino Ratio Rank of BSCV is 8787
Sortino Ratio Rank
The Omega Ratio Rank of BSCV is 8484
Omega Ratio Rank
The Calmar Ratio Rank of BSCV is 5858
Calmar Ratio Rank
The Martin Ratio Rank of BSCV is 8282
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

BSJV vs. BSCV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2031 High Yield Corporate Bond ETF (BSJV) and Invesco BulletShares 2031 Corporate Bond ETF (BSCV). 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.


The current BSJV Sharpe Ratio is 1.15, which is comparable to the BSCV Sharpe Ratio of 1.32. The chart below compares the historical Sharpe Ratios of BSJV and BSCV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

BSJV vs. BSCV - Dividend Comparison

BSJV's dividend yield for the trailing twelve months is around 6.75%, more than BSCV's 4.84% yield.


TTM2024202320222021
BSJV
Invesco BulletShares 2031 High Yield Corporate Bond ETF
6.75%6.67%1.62%0.00%0.00%
BSCV
Invesco BulletShares 2031 Corporate Bond ETF
4.84%4.87%4.47%3.43%0.73%

Drawdowns

BSJV vs. BSCV - Drawdown Comparison

The maximum BSJV drawdown since its inception was -5.22%, smaller than the maximum BSCV drawdown of -23.27%. Use the drawdown chart below to compare losses from any high point for BSJV and BSCV. For additional features, visit the drawdowns tool.


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Volatility

BSJV vs. BSCV - Volatility Comparison

Invesco BulletShares 2031 High Yield Corporate Bond ETF (BSJV) has a higher volatility of 1.76% compared to Invesco BulletShares 2031 Corporate Bond ETF (BSCV) at 1.35%. This indicates that BSJV's price experiences larger fluctuations and is considered to be riskier than BSCV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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