BTR vs. BSJO

Last updated Jun 24, 2026

BTR (Beacon Tactical Risk ETF) and BSJO (Invesco BulletShares 2024 High Yield Corporate Bond ETF) are both exchange-traded funds - BTR is a Large Cap Blend Equities fund actively managed by American Beacon, while BSJO is a High Yield Bonds fund tracking the NASDAQ BulletShares USD High Yield Corporate Bond 2024 TR Index. BTR is actively managed, while BSJO is passively managed. BTR charges 1.10%/yr vs 0.42%/yr for BSJO.

Performance

BTR vs. BSJO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Beacon Tactical Risk ETF (BTR) and Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BTR

• 1D: -0.24%
• 1M: -0.71%
• YTD: 7.96%
• 6M: 7.23%
• 1Y: 17.86%
• 3Y*: 4.25%
• 5Y*: —
• 10Y*: —

BSJO

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BTR vs. BSJO - Yearly Performance Comparison

	2026 (YTD)
BTR Beacon Tactical Risk ETF	4.58%
BSJO Invesco BulletShares 2024 High Yield Corporate Bond ETF	0.00%

Return for Risk

BTR vs. BSJO — Risk / Return Rank

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

BTR

BTR Risk / Return Rank: 61
BTR Sharpe Ratio Rank: 59
BTR Sortino Ratio Rank: 58
BTR Omega Ratio Rank: 58
BTR Calmar Ratio Rank: 64
BTR Martin Ratio Rank: 66

BSJO

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

BTR vs. BSJO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Beacon Tactical Risk ETF (BTR) and Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO). 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.

	BTR	BSJO	Difference
Sharpe ratio: Return per unit of total volatility	1.80	—	—
Sortino ratio: Return per unit of downside risk	2.53	—	—
Omega ratio: Gain probability vs. loss probability	1.33	—	—
Calmar ratio: Return relative to maximum drawdown	2.88	—	—
Martin ratio: Return relative to average drawdown	11.05	—	—

Drawdowns

BTR vs. BSJO - Drawdown Comparison

The maximum BTR drawdown since its inception was -16.67%, which is greater than BSJO's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for BTR and BSJO.

Drawdown Indicators

	BTR	BSJO	Difference
Max Drawdown Largest peak-to-trough decline	-16.67%	0.00%	-16.67%
Max Drawdown (1Y) Largest decline over 1 year	-6.23%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-16.67%	—	—
Current Drawdown Current decline from peak	-1.33%	0.00%	-1.33%
Average Drawdown Average peak-to-trough decline	-5.51%	0.00%	-5.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.62%	—	—

Volatility

Volatility by Period

	BTR	BSJO	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.92%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.35%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	9.98%	0.00%	+9.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.91%	0.00%	+10.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.91%	0.00%	+10.91%

BTR vs. BSJO - Expense Ratio Comparison

BTR has a 1.10% expense ratio, which is higher than BSJO's 0.42% expense ratio.

Dividends

BTR vs. BSJO - Dividend Comparison

BTR's dividend yield for the trailing twelve months is around 1.19%, while BSJO has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
BSJO Invesco BulletShares 2024 High Yield Corporate Bond ETF	0.00%	0.00%	0.00%	0.00%
BTR Beacon Tactical Risk ETF	1.19%	1.29%	0.87%	0.91%

Frequently Asked Questions

Which ETF is better, BTR or BSJO?

On fees, BSJO is cheaper at 0.42% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BTR or BSJO?

BSJO is cheaper with a 0.42% expense ratio, compared with 1.10% for BTR.

Which ETF pays a higher dividend yield, BTR or BSJO?

BTR has the higher dividend yield at 1.19%, compared with 0.00% for BSJO.

What is the main difference between BTR and BSJO?

BTR is categorized as Large Cap Blend Equities, while BSJO is High Yield Bonds. They also come from different issuers: American Beacon and Invesco. Their fees differ too: 1.10% for BTR and 0.42% for BSJO.