BSMP vs. SGOV
Compare and contrast key facts about Invesco BulletShares 2025 Municipal Bond ETF (BSMP) and iShares 0-3 Month Treasury Bond ETF (SGOV).
BSMP and SGOV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BSMP is a passively managed fund by Invesco that tracks the performance of the Invesco BulletShares Municipal Bond 2025 Index. It was launched on Sep 25, 2019. SGOV is a passively managed fund by iShares that tracks the performance of the ICE 0-3 Month US Treasury Bill Index. It was launched on May 26, 2020. Both BSMP and SGOV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BSMP or SGOV.
Correlation
The correlation between BSMP and SGOV is 0.00, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
BSMP vs. SGOV - Performance Comparison
Loading data...
Key characteristics
BSMP:
1.64
SGOV:
21.26
BSMP:
2.50
SGOV:
482.39
BSMP:
1.34
SGOV:
483.39
BSMP:
1.08
SGOV:
494.09
BSMP:
10.95
SGOV:
7,843.46
BSMP:
0.28%
SGOV:
0.00%
BSMP:
1.82%
SGOV:
0.23%
BSMP:
-10.77%
SGOV:
-0.03%
BSMP:
-0.12%
SGOV:
0.00%
Returns By Period
In the year-to-date period, BSMP achieves a 0.73% return, which is significantly lower than SGOV's 1.52% return.
BSMP
0.73%
0.38%
1.11%
2.97%
1.34%
N/A
SGOV
1.52%
0.37%
2.16%
4.83%
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BSMP vs. SGOV - Expense Ratio Comparison
BSMP has a 0.18% expense ratio, which is higher than SGOV's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
BSMP vs. SGOV — Risk-Adjusted Performance Rank
BSMP
SGOV
BSMP vs. SGOV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2025 Municipal Bond ETF (BSMP) and iShares 0-3 Month Treasury Bond ETF (SGOV). 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.
Loading data...
Dividends
BSMP vs. SGOV - Dividend Comparison
BSMP's dividend yield for the trailing twelve months is around 2.56%, less than SGOV's 4.70% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
BSMP Invesco BulletShares 2025 Municipal Bond ETF | 2.56% | 2.53% | 2.19% | 1.23% | 0.73% | 1.32% | 0.35% |
SGOV iShares 0-3 Month Treasury Bond ETF | 4.70% | 5.10% | 4.87% | 1.45% | 0.03% | 0.05% | 0.00% |
Drawdowns
BSMP vs. SGOV - Drawdown Comparison
The maximum BSMP drawdown since its inception was -10.77%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for BSMP and SGOV. For additional features, visit the drawdowns tool.
Loading data...
Volatility
BSMP vs. SGOV - Volatility Comparison
Invesco BulletShares 2025 Municipal Bond ETF (BSMP) has a higher volatility of 0.56% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.07%. This indicates that BSMP's price experiences larger fluctuations and is considered to be riskier than SGOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...