BSJX vs. QQQ

Last updated Jun 26, 2026

BSJX (Invesco BulletShares 2033 High Yield Corporate Bond ETF) and QQQ (Invesco QQQ ETF) are both exchange-traded funds - BSJX is a High Yield Bonds fund tracking the IVZ BulletShares USD High Yield Corporate Bond 2033 Index, while QQQ is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. Over the past year, BSJX returned 6.07% vs 33.02% for QQQ. A 0.62 correlation means they provide meaningful diversification when combined. BSJX charges 0.42%/yr vs 0.18%/yr for QQQ.

Performance

BSJX vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco BulletShares 2033 High Yield Corporate Bond ETF (BSJX) and Invesco QQQ ETF (QQQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BSJX achieves a 1.47% return, which is significantly lower than QQQ's 16.89% return.

BSJX

• 1D: -0.04%
• 1M: 0.28%
• YTD: 1.47%
• 6M: 1.42%
• 1Y: 6.07%
• 3Y*: —
• 5Y*: —
• 10Y*: —

QQQ

• 1D: 0.81%
• 1M: -1.80%
• YTD: 16.89%
• 6M: 15.09%
• 1Y: 33.02%
• 3Y*: 26.78%
• 5Y*: 16.13%
• 10Y*: 22.36%

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

BSJX vs. QQQ - Yearly Performance Comparison

	2026 (YTD)	2025
BSJX Invesco BulletShares 2033 High Yield Corporate Bond ETF	1.47%	5.46%
QQQ Invesco QQQ ETF	16.89%	15.41%

Correlation

The correlation between BSJX and QQQ 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 Jun 11, 2025	0.62

The correlation between BSJX and QQQ has been stable across timeframes, ranging from 0.62 to 0.62 - a consistent structural relationship.

Return for Risk

BSJX vs. QQQ — Risk / Return Rank

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

BSJX

BSJX Risk / Return Rank: 45
BSJX Sharpe Ratio Rank: 44
BSJX Sortino Ratio Rank: 46
BSJX Omega Ratio Rank: 45
BSJX Calmar Ratio Rank: 38
BSJX Martin Ratio Rank: 52

QQQ

QQQ Risk / Return Rank: 64
QQQ Sharpe Ratio Rank: 66
QQQ Sortino Ratio Rank: 61
QQQ Omega Ratio Rank: 63
QQQ Calmar Ratio Rank: 65
QQQ Martin Ratio Rank: 65

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.

BSJX vs. QQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2033 High Yield Corporate Bond ETF (BSJX) and Invesco QQQ ETF (QQQ). 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.

	BSJX	QQQ	Difference
Sharpe ratio: Return per unit of total volatility	1.41	1.85	-0.44
Sortino ratio: Return per unit of downside risk	2.12	2.45	-0.34
Omega ratio: Gain probability vs. loss probability	1.27	1.33	-0.06
Calmar ratio: Return relative to maximum drawdown	1.79	2.77	-0.98
Martin ratio: Return relative to average drawdown	8.03	10.21	-2.19

BSJX vs. QQQ - Sharpe Ratio Comparison

The current BSJX Sharpe Ratio is 1.41, which is comparable to the QQQ Sharpe Ratio of 1.85. The chart below compares the historical Sharpe Ratios of BSJX and QQQ, 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

BSJX vs. QQQ - Drawdown Comparison

The maximum BSJX drawdown since its inception was -3.40%, smaller than the maximum QQQ drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for BSJX and QQQ.

Drawdown Indicators

	BSJX	QQQ	Difference
Max Drawdown Largest peak-to-trough decline	-3.40%	-82.97%	+79.57%
Max Drawdown (1Y) Largest decline over 1 year	-3.40%	-11.96%	+8.56%
Max Drawdown (3Y) Largest decline over 3 years	—	-22.77%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-35.12%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.12%	—
Current Drawdown Current decline from peak	-0.21%	-3.89%	+3.68%
Average Drawdown Average peak-to-trough decline	-0.43%	-32.72%	+32.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.76%	3.24%	-2.48%

Volatility

BSJX vs. QQQ - Volatility Comparison

The current volatility for Invesco BulletShares 2033 High Yield Corporate Bond ETF (BSJX) is 1.08%, while Invesco QQQ ETF (QQQ) has a volatility of 9.02%. This indicates that BSJX experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BSJX	QQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.08%	9.02%	-7.94%
Volatility (6M) Calculated over the trailing 6-month period	3.43%	14.55%	-11.12%
Volatility (1Y) Calculated over the trailing 1-year period	4.33%	17.91%	-13.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.29%	22.69%	-18.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.29%	22.41%	-18.12%

BSJX vs. QQQ - Expense Ratio Comparison

BSJX has a 0.42% expense ratio, which is higher than QQQ's 0.18% expense ratio.

Dividends

BSJX vs. QQQ - Dividend Comparison

BSJX's dividend yield for the trailing twelve months is around 6.89%, more than QQQ's 0.42% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BSJX Invesco BulletShares 2033 High Yield Corporate Bond ETF	6.89%	4.02%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
QQQ Invesco QQQ ETF	0.42%	0.45%	0.56%	0.62%	0.80%	0.43%	0.55%	0.74%	0.91%	0.84%	1.06%	0.99%

Frequently Asked Questions

Can I hold both BSJX and QQQ in my portfolio?

BSJX and QQQ 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, BSJX or QQQ?

QQQ has higher volatility (9.02%) compared to BSJX (1.08%). In terms of maximum drawdown, BSJX dropped -3.40% vs QQQ's -82.97%.

Which ETF is better, BSJX or QQQ?

On 1-year performance, QQQ leads with 33.02% vs 6.07% for BSJX. On fees, QQQ is cheaper at 0.18% per year. On volatility, BSJX has been the lower-risk option at 1.08%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BSJX or QQQ?

Over the 1-year period, QQQ has performed better with a 33.02% return vs 6.07%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BSJX or QQQ?

QQQ is cheaper with a 0.18% expense ratio, compared with 0.42% for BSJX.

Which ETF pays a higher dividend yield, BSJX or QQQ?

BSJX has the higher dividend yield at 6.89%, compared with 0.42% for QQQ.

What is the main difference between BSJX and QQQ?

BSJX is categorized as High Yield Bonds, while QQQ is Nasdaq-100. BSJX tracks IVZ BulletShares USD High Yield Corporate Bond 2033 Index, while QQQ tracks NASDAQ-100 Index. Their fees differ too: 0.42% for BSJX and 0.18% for QQQ.

Which has better risk-adjusted returns?

QQQ currently has the higher Sharpe Ratio (1.85 vs 1.41), 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.