BSJV vs. BSCV

Last updated Jun 23, 2026

BSJV (Invesco BulletShares 2031 High Yield Corporate Bond ETF) and BSCV (Invesco BulletShares 2031 Corporate Bond ETF) are both exchange-traded funds - BSJV is a High Yield Bonds fund tracking the NASDAQ BulletShares USD Corporate Bond 2031, while BSCV is a Corporate Bonds fund tracking the Invesco BulletShares Corporate Bond 2031 Index. Both are passively managed. Over the past year, BSJV returned 6.27% vs 4.55% for BSCV. A 0.60 correlation means they provide meaningful diversification when combined. BSJV charges 0.42%/yr vs 0.10%/yr for BSCV.

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.

Returns By Period

In the year-to-date period, BSJV achieves a 1.34% return, which is significantly higher than BSCV's 0.03% return.

BSJV

• 1D: -0.03%
• 1M: 0.71%
• YTD: 1.34%
• 6M: 1.84%
• 1Y: 6.27%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BSCV

• 1D: -0.19%
• 1M: 0.30%
• YTD: 0.03%
• 6M: 0.27%
• 1Y: 4.55%
• 3Y*: 5.70%
• 5Y*: —
• 10Y*: —

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

BSJV vs. BSCV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
BSJV Invesco BulletShares 2031 High Yield Corporate Bond ETF	1.34%	9.50%	5.66%	7.24%
BSCV Invesco BulletShares 2031 Corporate Bond ETF	0.03%	9.04%	2.62%	7.27%

Correlation

The correlation between BSJV and BSCV is 0.60, 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	0.60
Correlation (All Time) Calculated using the full available price history since Sep 20, 2023	0.60

The correlation between BSJV and BSCV has been stable across timeframes, ranging from 0.60 to 0.60 - a consistent structural relationship.

Return for Risk

BSJV vs. BSCV — Risk / Return Rank

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

BSJV

BSJV Risk / Return Rank: 44
BSJV Sharpe Ratio Rank: 42
BSJV Sortino Ratio Rank: 44
BSJV Omega Ratio Rank: 43
BSJV Calmar Ratio Rank: 41
BSJV Martin Ratio Rank: 50

BSCV

BSCV Risk / Return Rank: 39
BSCV Sharpe Ratio Rank: 39
BSCV Sortino Ratio Rank: 41
BSCV Omega Ratio Rank: 37
BSCV Calmar Ratio Rank: 38
BSCV Martin Ratio Rank: 38

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.

BSJV vs. BSCV - Risk-Adjusted Trends 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BSJV	BSCV	Difference
Sharpe ratio: Return per unit of total volatility	1.44	1.34	+0.10
Sortino ratio: Return per unit of downside risk	2.13	2.03	+0.10
Omega ratio: Gain probability vs. loss probability	1.27	1.24	+0.03
Calmar ratio: Return relative to maximum drawdown	1.96	1.85	+0.11
Martin ratio: Return relative to average drawdown	8.38	5.80	+2.58

BSJV vs. BSCV - Sharpe Ratio Comparison

The current BSJV Sharpe Ratio is 1.44, which is comparable to the BSCV Sharpe Ratio of 1.34. The chart below compares the historical Sharpe Ratios of BSJV and BSCV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BSJV vs. BSCV - Drawdown Comparison

The maximum BSJV drawdown since its inception was -5.22%, 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.

Drawdown Indicators

	BSJV	BSCV	Difference
Max Drawdown Largest peak-to-trough decline	-5.22%	-23.28%	+18.06%
Max Drawdown (1Y) Largest decline over 1 year	-3.21%	-2.47%	-0.74%
Max Drawdown (3Y) Largest decline over 3 years	—	-6.75%	—
Current Drawdown Current decline from peak	-0.17%	-1.28%	+1.11%
Average Drawdown Average peak-to-trough decline	-0.78%	-9.47%	+8.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.75%	0.79%	-0.04%

Volatility

BSJV vs. BSCV - Volatility Comparison

Invesco BulletShares 2031 High Yield Corporate Bond ETF (BSJV) has a higher volatility of 1.19% compared to Invesco BulletShares 2031 Corporate Bond ETF (BSCV) at 1.09%. 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.

Volatility by Period

	BSJV	BSCV	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.19%	1.09%	+0.10%
Volatility (6M) Calculated over the trailing 6-month period	3.43%	2.56%	+0.87%
Volatility (1Y) Calculated over the trailing 1-year period	4.39%	3.43%	+0.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.14%	7.34%	-1.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.14%	7.34%	-1.20%

BSJV vs. BSCV - Expense Ratio Comparison

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

Dividends

BSJV vs. BSCV - Dividend Comparison

BSJV's dividend yield for the trailing twelve months is around 7.16%, more than BSCV's 5.11% yield.

Position	TTM	2025	2024	2023	2022	2021
BSCV Invesco BulletShares 2031 Corporate Bond ETF	5.11%	4.65%	4.87%	4.47%	3.43%	0.57%
BSJV Invesco BulletShares 2031 High Yield Corporate Bond ETF	7.16%	6.52%	6.67%	1.62%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BSJV and BSCV in my portfolio?

BSJV and BSCV have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BSJV or BSCV?

BSJV has higher volatility (1.19%) compared to BSCV (1.09%). In terms of maximum drawdown, BSJV dropped -5.22% vs BSCV's -23.28%.

Which ETF is better, BSJV or BSCV?

On 1-year performance, BSJV leads with 6.27% vs 4.55% for BSCV. On fees, BSCV is cheaper at 0.10% per year. On volatility, BSCV has been the lower-risk option at 1.09%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BSJV or BSCV?

Over the 1-year period, BSJV has performed better with a 6.27% return vs 4.55%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BSJV or BSCV?

BSCV is cheaper with a 0.10% expense ratio, compared with 0.42% for BSJV.

Which ETF pays a higher dividend yield, BSJV or BSCV?

BSJV has the higher dividend yield at 7.16%, compared with 5.11% for BSCV.

What is the main difference between BSJV and BSCV?

BSJV is categorized as High Yield Bonds, while BSCV is Corporate Bonds. BSJV tracks NASDAQ BulletShares USD Corporate Bond 2031, while BSCV tracks Invesco BulletShares Corporate Bond 2031 Index. Their fees differ too: 0.42% for BSJV and 0.10% for BSCV.

Which has better risk-adjusted returns?

BSJV currently has the higher Sharpe Ratio (1.44 vs 1.34), 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.