BSJV vs. BSJQ

Last updated Jun 26, 2026

BSJV (Invesco BulletShares 2031 High Yield Corporate Bond ETF) and BSJQ (Invesco BulletShares 2026 High Yield Corp Bond ETF) are both High Yield Bonds funds from Invesco - BSJV tracks the NASDAQ BulletShares USD Corporate Bond 2031 while BSJQ tracks the NASDAQ BulletShares USD High Yield Corporate Bond 2026 TR Index. Both are passively managed. Over the past year, BSJV returned 5.61% vs 4.03% for BSJQ. A 0.76 correlation means they provide meaningful diversification when combined. Both charge a 0.42% expense ratio.

Performance

BSJV vs. BSJQ - 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 2026 High Yield Corp Bond ETF (BSJQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with BSJV having a 1.05% return and BSJQ slightly lower at 1.02%.

BSJV

• 1D: 0.00%
• 1M: 0.08%
• YTD: 1.05%
• 6M: 1.26%
• 1Y: 5.61%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BSJQ

• 1D: -0.04%
• 1M: -0.18%
• YTD: 1.02%
• 6M: 1.08%
• 1Y: 4.03%
• 3Y*: 7.01%
• 5Y*: 3.65%
• 10Y*: —

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

BSJV vs. BSJQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
BSJV Invesco BulletShares 2031 High Yield Corporate Bond ETF	1.05%	9.50%	5.66%	7.24%
BSJQ Invesco BulletShares 2026 High Yield Corp Bond ETF	1.02%	6.59%	7.49%	3.54%

Correlation

The correlation between BSJV and BSJQ is 0.62, 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	0.62
Correlation (All Time) Calculated using the full available price history since Sep 20, 2023	0.76

The correlation between BSJV and BSJQ shifts across timeframes, from 0.62 (1 year) to 0.76 (all time), reflecting how their relationship changes across market environments.

Return for Risk

BSJV vs. BSJQ — Risk / Return Rank

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

BSJV

BSJV Risk / Return Rank: 42
BSJV Sharpe Ratio Rank: 40
BSJV Sortino Ratio Rank: 41
BSJV Omega Ratio Rank: 40
BSJV Calmar Ratio Rank: 38
BSJV Martin Ratio Rank: 49

BSJQ

BSJQ Risk / Return Rank: 95
BSJQ Sharpe Ratio Rank: 94
BSJQ Sortino Ratio Rank: 95
BSJQ Omega Ratio Rank: 95
BSJQ Calmar Ratio Rank: 96
BSJQ Martin Ratio Rank: 96

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. BSJQ - 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 2026 High Yield Corp Bond ETF (BSJQ). 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	BSJQ	Difference
Sharpe ratio: Return per unit of total volatility	1.29	3.00	-1.71
Sortino ratio: Return per unit of downside risk	1.91	4.60	-2.68
Omega ratio: Gain probability vs. loss probability	1.24	1.66	-0.42
Calmar ratio: Return relative to maximum drawdown	1.75	7.48	-5.73
Martin ratio: Return relative to average drawdown	7.48	30.02	-22.53

BSJV vs. BSJQ - Sharpe Ratio Comparison

The current BSJV Sharpe Ratio is 1.29, which is lower than the BSJQ Sharpe Ratio of 3.00. The chart below compares the historical Sharpe Ratios of BSJV and BSJQ, 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. BSJQ - Drawdown Comparison

The maximum BSJV drawdown since its inception was -5.22%, smaller than the maximum BSJQ drawdown of -24.13%. Use the drawdown chart below to compare losses from any high point for BSJV and BSJQ.

Drawdown Indicators

	BSJV	BSJQ	Difference
Max Drawdown Largest peak-to-trough decline	-5.22%	-24.13%	+18.91%
Max Drawdown (1Y) Largest decline over 1 year	-3.21%	-0.54%	-2.67%
Max Drawdown (3Y) Largest decline over 3 years	—	-2.66%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-11.95%	—
Current Drawdown Current decline from peak	-0.46%	-0.27%	-0.19%
Average Drawdown Average peak-to-trough decline	-0.78%	-2.15%	+1.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.75%	0.13%	+0.62%

Volatility

BSJV vs. BSJQ - Volatility Comparison

Invesco BulletShares 2031 High Yield Corporate Bond ETF (BSJV) has a higher volatility of 1.16% compared to Invesco BulletShares 2026 High Yield Corp Bond ETF (BSJQ) at 0.61%. This indicates that BSJV's price experiences larger fluctuations and is considered to be riskier than BSJQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BSJV	BSJQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.16%	0.61%	+0.55%
Volatility (6M) Calculated over the trailing 6-month period	3.43%	1.01%	+2.42%
Volatility (1Y) Calculated over the trailing 1-year period	4.38%	1.35%	+3.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.13%	5.73%	+0.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.13%	8.41%	-2.28%

BSJV vs. BSJQ - Expense Ratio Comparison

Both BSJV and BSJQ have an expense ratio of 0.42%.

Dividends

BSJV vs. BSJQ - Dividend Comparison

BSJV's dividend yield for the trailing twelve months is around 6.61%, more than BSJQ's 5.79% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BSJQ Invesco BulletShares 2026 High Yield Corp Bond ETF	5.79%	6.10%	6.58%	6.58%	5.58%	4.27%	4.64%	4.59%	2.39%
BSJV Invesco BulletShares 2031 High Yield Corporate Bond ETF	6.61%	6.52%	6.67%	1.62%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BSJV and BSJQ in my portfolio?

BSJV and BSJQ have a correlation of 0.62, 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 BSJQ?

BSJV has higher volatility (1.16%) compared to BSJQ (0.61%). In terms of maximum drawdown, BSJV dropped -5.22% vs BSJQ's -24.13%.

Which ETF is better, BSJV or BSJQ?

On 1-year performance, BSJV leads with 5.61% vs 4.03% for BSJQ. Both ETFs have the same 0.42% expense ratio. On volatility, BSJQ has been the lower-risk option at 0.61%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BSJV or BSJQ?

Over the 1-year period, BSJV has performed better with a 5.61% return vs 4.03%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BSJV or BSJQ?

BSJV and BSJQ have the same expense ratio: 0.42% per year.

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

BSJV has the higher dividend yield at 6.61%, compared with 5.79% for BSJQ.

What is the main difference between BSJV and BSJQ?

BSJV tracks NASDAQ BulletShares USD Corporate Bond 2031, while BSJQ tracks NASDAQ BulletShares USD High Yield Corporate Bond 2026 TR Index.

Which has better risk-adjusted returns?

BSJQ currently has the higher Sharpe Ratio (3.00 vs 1.29), 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.