BSJV vs. SEIX

Last updated Aug 6, 2026

BSJV (Invesco BulletShares 2031 High Yield Corporate Bond ETF) and SEIX (Virtus Seix Senior Loan ETF) are both exchange-traded funds - BSJV is a High Yield Bonds fund tracking the NASDAQ BulletShares USD Corporate Bond 2031, while SEIX is a Bank Loan fund actively managed by Virtus. BSJV is passively managed, while SEIX is actively managed. Over the past year, BSJV returned 4.78% vs 5.64% for SEIX. Their 0.26 correlation means their historical movements had little consistent relationship. BSJV charges 0.42%/yr vs 0.57%/yr for SEIX.

Performance

BSJV vs. SEIX - 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 Virtus Seix Senior Loan ETF (SEIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BSJV achieves a 1.37% return, which is significantly lower than SEIX's 3.23% return.

BSJV

• 1D: -0.29%
• 1M: -0.34%
• 6M: 0.88%
• YTD: 1.37%
• 1Y: 4.78%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 8.30%

SEIX

• 1D: 0.09%
• 1M: 0.83%
• 6M: 3.64%
• YTD: 3.23%
• 1Y: 5.64%
• 3Y*: 7.23%
• 5Y*: 5.83%
• 10Y*: —
• ALL TIME*: 5.37%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BSJV Invesco BulletShares 2031 High Yield Corporate Bond ETF	$1.71M	$1.11M	$791.27K
SEIX Virtus Seix Senior Loan ETF	$2.33M	$1.71M	$1.79M

BSJV vs. SEIX - 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%
SEIX Virtus Seix Senior Loan ETF	3.23%	5.10%	8.42%	2.89%

Correlation

The correlation between BSJV and SEIX is 0.36, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.36
Correlation (All Time) Calculated using the full available price history since Sep 20, 2023	0.26

Return for Risk

BSJV vs. SEIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BSJV

BSJV Risk / Return Rank: 40
BSJV Sharpe Ratio Rank: 38
BSJV Sortino Ratio Rank: 39
BSJV Omega Ratio Rank: 37
BSJV Calmar Ratio Rank: 38
BSJV Martin Ratio Rank: 48

SEIX

SEIX Risk / Return Rank: 96
SEIX Sharpe Ratio Rank: 97
SEIX Sortino Ratio Rank: 97
SEIX Omega Ratio Rank: 97
SEIX Calmar Ratio Rank: 93
SEIX Martin Ratio Rank: 94

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BSJV vs. SEIX - 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 Virtus Seix Senior Loan ETF (SEIX). 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	SEIX	Difference
Sharpe ratio: Return per unit of total volatility	1.10	3.48	-2.38
Sortino ratio: Return per unit of downside risk	1.65	5.56	-3.90
Omega ratio: Gain probability vs. loss probability	1.20	1.77	-0.56
Calmar ratio: Return relative to maximum drawdown	1.49	5.01	-3.52
Martin ratio: Return relative to average drawdown	6.30	19.89	-13.60

BSJV vs. SEIX - Sharpe Ratio Comparison

The current BSJV Sharpe Ratio is 1.10, which is lower than the SEIX Sharpe Ratio of 3.48. The chart below compares the historical Sharpe Ratios of BSJV and SEIX, 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. SEIX - Drawdown Comparison

The maximum BSJV drawdown since its inception was -5.22%, smaller than the maximum SEIX drawdown of -17.51%. Use the drawdown chart below to compare losses from any high point for BSJV and SEIX.

Drawdown Indicators

	BSJV	SEIX	Difference
Max Drawdown Largest peak-to-trough decline	-5.22%	-17.51%	+12.29%
Max Drawdown (1Y) Largest decline over 1 year	-3.21%	-1.13%	-2.08%
Max Drawdown (3Y) Largest decline over 3 years	—	-3.01%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-6.69%	—
Current Drawdown Current decline from peak	-0.34%	0.00%	-0.34%
Average Drawdown Average peak-to-trough decline	-0.77%	-0.85%	+0.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.76%	0.28%	+0.48%

Volatility

BSJV vs. SEIX - Volatility Comparison

Invesco BulletShares 2031 High Yield Corporate Bond ETF (BSJV) has a higher volatility of 1.00% compared to Virtus Seix Senior Loan ETF (SEIX) at 0.42%. This indicates that BSJV's price experiences larger fluctuations and is considered to be riskier than SEIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BSJV	SEIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.00%	0.42%	+0.58%
Volatility (6M) Calculated over the trailing 6-month period	3.53%	1.31%	+2.22%
Volatility (1Y) Calculated over the trailing 1-year period	4.35%	1.63%	+2.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.04%	2.92%	+3.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.04%	4.29%	+1.75%

BSJV vs. SEIX - Expense Ratio Comparison

BSJV has a 0.42% expense ratio, which is lower than SEIX's 0.57% expense ratio.

Dividends

BSJV vs. SEIX - Dividend Comparison

BSJV's dividend yield for the trailing twelve months is around 6.61%, less than SEIX's 7.14% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
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%
SEIX Virtus Seix Senior Loan ETF	7.14%	7.52%	8.09%	8.74%	5.76%	4.16%	3.75%	3.82%

Frequently Asked Questions

Can I hold both BSJV and SEIX in my portfolio?

BSJV and SEIX have a correlation of 0.36, 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 SEIX?

BSJV has higher volatility (1.00%) compared to SEIX (0.42%). In terms of maximum drawdown, BSJV dropped -5.22% vs SEIX's -17.51%.

Which ETF is better, BSJV or SEIX?

On 1-year performance, SEIX leads with 5.64% vs 4.78% for BSJV. On fees, BSJV is cheaper at 0.42% per year. On volatility, SEIX has been the lower-risk option at 0.42%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BSJV or SEIX?

Over the 1-year period, SEIX has performed better with a 5.64% return vs 4.78%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BSJV or SEIX?

BSJV is cheaper with a 0.42% expense ratio, compared with 0.57% for SEIX.

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

SEIX has the higher dividend yield at 7.14%, compared with 6.61% for BSJV.

What is the main difference between BSJV and SEIX?

BSJV is categorized as High Yield Bonds, while SEIX is Bank Loan. They also come from different issuers: Invesco and Virtus. Their fees differ too: 0.42% for BSJV and 0.57% for SEIX.

Which has better risk-adjusted returns?

SEIX currently has the higher Sharpe Ratio (3.48 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.