BSJV vs. GSG
BSJV (Invesco BulletShares 2031 High Yield Corporate Bond ETF) and GSG (iShares S&P GSCI Commodity-Indexed Trust) are both exchange-traded funds - BSJV is a High Yield Bonds fund tracking the NASDAQ BulletShares USD Corporate Bond 2031, while GSG is a Commodities fund tracking the S&P GSCI Total Return Index. Both are passively managed. Over the past year, BSJV returned 4.78% vs 37.47% for GSG. Their -0.04 correlation means they have often moved in opposite directions in the past. BSJV charges 0.42%/yr vs 0.75%/yr for GSG.
Performance
BSJV vs. GSG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BSJV achieves a 1.37% return, which is significantly lower than GSG's 32.52% return.
BSJV
- 1D
- -0.29%
- 1M
- -0.34%
- 6M
- 0.88%
- YTD
- 1.37%
- 1Y
- 4.78%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 8.30%
GSG
- 1D
- 0.36%
- 1M
- 5.78%
- 6M
- 21.95%
- YTD
- 32.52%
- 1Y
- 37.47%
- 3Y*
- 12.51%
- 5Y*
- 14.20%
- 10Y*
- 8.03%
- ALL TIME*
- -2.36%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.71M | $1.11M | $791.27K | |
| $18.96M | $16.42M | $22.87M |
BSJV vs. GSG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
BSJV Invesco BulletShares 2031 High Yield Corporate Bond ETF | 1.37% | 9.50% | 5.66% | 7.24% |
GSG iShares S&P GSCI Commodity-Indexed Trust | 32.52% | 5.93% | 8.52% | -12.17% |
Correlation
The correlation between BSJV and GSG is -0.25, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.25 |
Correlation (All Time) Calculated using the full available price history since Sep 20, 2023 | -0.04 |
Over the past year, the inverse relationship between BSJV and GSG has strengthened: their correlation has moved from -0.04 to -0.25, meaning they now move in opposite directions more often than their long-term average.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BSJV vs. GSG — Risk / Return Rank
BSJV
GSG
BSJV vs. GSG - 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 iShares S&P GSCI Commodity-Indexed Trust (GSG). 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 | GSG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.44 | ||
| Sortino ratioReturn per unit of downside risk | -0.45 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.27 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 1.49 | 2.00 | -0.51 |
| Martin ratioReturn relative to average drawdown | 6.30 | 6.32 | -0.02 |
Loading charts...
Drawdowns
BSJV vs. GSG - Drawdown Comparison
The maximum BSJV drawdown since its inception was -5.22%, smaller than the maximum GSG drawdown of -89.62%. Use the drawdown chart below to compare losses from any high point for BSJV and GSG.
Loading charts...
Drawdown Indicators
| BSJV | GSG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.22% | -89.62% | +84.40% |
Max Drawdown (1Y)Largest decline over 1 year | -3.21% | -18.81% | +15.60% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.81% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -29.12% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -57.64% | — |
Current DrawdownCurrent decline from peak | -0.34% | -59.99% | +59.65% |
Average DrawdownAverage peak-to-trough decline | -0.77% | -63.67% | +62.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.76% | 5.94% | -5.18% |
Volatility
BSJV vs. GSG - Volatility Comparison
The current volatility for Invesco BulletShares 2031 High Yield Corporate Bond ETF (BSJV) is 1.00%, while iShares S&P GSCI Commodity-Indexed Trust (GSG) has a volatility of 8.99%. This indicates that BSJV experiences smaller price fluctuations and is considered to be less risky than GSG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BSJV | GSG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.00% | 8.99% | -7.99% |
Volatility (6M)Calculated over the trailing 6-month period | 3.53% | 21.89% | -18.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.35% | 24.44% | -20.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.04% | 22.90% | -16.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.04% | 22.08% | -16.04% |
BSJV vs. GSG - Expense Ratio Comparison
BSJV has a 0.42% expense ratio, which is lower than GSG's 0.75% expense ratio.
Dividends
BSJV vs. GSG - Dividend Comparison
BSJV's dividend yield for the trailing twelve months is around 6.61%, while GSG has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
BSJV Invesco BulletShares 2031 High Yield Corporate Bond ETF | 6.61% | 6.52% | 6.67% | 1.62% |
GSG iShares S&P GSCI Commodity-Indexed Trust | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
BSJV and GSG have a correlation of -0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GSG has higher volatility (8.99%) compared to BSJV (1.00%). In terms of maximum drawdown, BSJV dropped -5.22% vs GSG's -89.62%.
On 1-year performance, GSG leads with 37.47% vs 4.78% for BSJV. On fees, BSJV is cheaper at 0.42% per year. On volatility, BSJV has been the lower-risk option at 1.00%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, GSG has performed better with a 37.47% return vs 4.78%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
BSJV is cheaper with a 0.42% expense ratio, compared with 0.75% for GSG.
BSJV has the higher dividend yield at 6.61%, compared with 0.00% for GSG.
BSJV is categorized as High Yield Bonds, while GSG is Commodities. BSJV tracks NASDAQ BulletShares USD Corporate Bond 2031, while GSG tracks S&P GSCI Total Return Index. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.42% for BSJV and 0.75% for GSG.
GSG currently has the higher Sharpe Ratio (1.54 vs 1.10), 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.
Find the right allocation for BSJV and GSG
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer