BSJV vs. BSCV
Compare and contrast key facts about Invesco BulletShares 2031 High Yield Corporate Bond ETF (BSJV) and Invesco BulletShares 2031 Corporate Bond ETF (BSCV).
BSJV and BSCV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BSJV is a passively managed fund by Invesco that tracks the performance of the NASDAQ BulletShares USD Corporate Bond 2031. It was launched on Sep 11, 2023. BSCV is a passively managed fund by Invesco that tracks the performance of the Invesco BulletShares Corporate Bond 2031 Index. It was launched on Sep 15, 2021. Both BSJV and BSCV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BSJV or BSCV.
Correlation
The correlation between BSJV and BSCV is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
BSJV vs. BSCV - Performance Comparison
Key characteristics
BSJV:
1.04
BSCV:
0.61
BSJV:
1.51
BSCV:
0.88
BSJV:
1.18
BSCV:
1.11
BSJV:
2.07
BSCV:
0.24
BSJV:
5.30
BSCV:
1.93
BSJV:
1.06%
BSCV:
1.69%
BSJV:
5.43%
BSCV:
5.36%
BSJV:
-4.46%
BSCV:
-23.28%
BSJV:
-2.54%
BSCV:
-8.85%
Returns By Period
In the year-to-date period, BSJV achieves a 5.26% return, which is significantly higher than BSCV's 2.23% return.
BSJV
5.26%
-0.97%
3.24%
5.65%
N/A
N/A
BSCV
2.23%
-0.68%
2.10%
3.02%
N/A
N/A
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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 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.
Dividends
BSJV vs. BSCV - Dividend Comparison
BSJV's dividend yield for the trailing twelve months is around 6.05%, more than BSCV's 4.49% yield.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
BSJV Invesco BulletShares 2031 High Yield Corporate Bond ETF | 6.05% | 1.62% | 0.00% | 0.00% |
BSCV Invesco BulletShares 2031 Corporate Bond ETF | 4.49% | 4.48% | 3.43% | 0.73% |
Drawdowns
BSJV vs. BSCV - Drawdown Comparison
The maximum BSJV drawdown since its inception was -4.46%, smaller than the maximum BSCV drawdown of -23.28%. Use the drawdown chart below to compare losses from any high point for BSJV and BSCV. For additional features, visit the drawdowns tool.
Volatility
BSJV vs. BSCV - Volatility Comparison
The current volatility for Invesco BulletShares 2031 High Yield Corporate Bond ETF (BSJV) is 1.46%, while Invesco BulletShares 2031 Corporate Bond ETF (BSCV) has a volatility of 1.57%. This indicates that BSJV experiences smaller price fluctuations and is considered to be less risky than BSCV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.