Correlation
The correlation between BSMR and CGDV is 0.15, 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.
BSMR vs. CGDV
Compare and contrast key facts about Invesco BulletShares 2027 Municipal Bond ETF (BSMR) and Capital Group Dividend Value ETF (CGDV).
BSMR and CGDV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BSMR is a passively managed fund by Invesco that tracks the performance of the Invesco BulletShares Municipal Bond 2027 Index. It was launched on Sep 25, 2019. CGDV is an actively managed fund by Capital Group. It was launched on Feb 22, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BSMR or CGDV.
Performance
BSMR vs. CGDV - Performance Comparison
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Key characteristics
BSMR:
0.88
CGDV:
0.93
BSMR:
1.15
CGDV:
1.29
BSMR:
1.16
CGDV:
1.19
BSMR:
0.50
CGDV:
1.00
BSMR:
3.63
CGDV:
4.19
BSMR:
0.75%
CGDV:
3.41%
BSMR:
3.30%
CGDV:
17.03%
BSMR:
-13.49%
CGDV:
-21.81%
BSMR:
-2.72%
CGDV:
-0.54%
Returns By Period
In the year-to-date period, BSMR achieves a -0.00% return, which is significantly lower than CGDV's 5.57% return.
BSMR
-0.00%
-0.03%
-0.49%
2.83%
1.85%
0.90%
N/A
CGDV
5.57%
5.55%
1.01%
14.78%
16.64%
N/A
N/A
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BSMR vs. CGDV - Expense Ratio Comparison
BSMR has a 0.18% expense ratio, which is lower than CGDV's 0.33% expense ratio.
Risk-Adjusted Performance
BSMR vs. CGDV — Risk-Adjusted Performance Rank
BSMR
CGDV
BSMR vs. CGDV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2027 Municipal Bond ETF (BSMR) and Capital Group Dividend Value ETF (CGDV). 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.
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Dividends
BSMR vs. CGDV - Dividend Comparison
BSMR's dividend yield for the trailing twelve months is around 2.84%, more than CGDV's 1.54% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|
BSMR Invesco BulletShares 2027 Municipal Bond ETF | 2.84% | 2.78% | 2.72% | 1.40% | 1.00% | 1.49% | 0.45% |
CGDV Capital Group Dividend Value ETF | 1.54% | 1.60% | 1.65% | 1.36% | 0.00% | 0.00% | 0.00% |
Drawdowns
BSMR vs. CGDV - Drawdown Comparison
The maximum BSMR drawdown since its inception was -13.49%, smaller than the maximum CGDV drawdown of -21.81%. Use the drawdown chart below to compare losses from any high point for BSMR and CGDV.
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Volatility
BSMR vs. CGDV - Volatility Comparison
The current volatility for Invesco BulletShares 2027 Municipal Bond ETF (BSMR) is 0.86%, while Capital Group Dividend Value ETF (CGDV) has a volatility of 4.80%. This indicates that BSMR experiences smaller price fluctuations and is considered to be less risky than CGDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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