BWTG vs. BSJO
Compare and contrast key facts about Brendan Wood TopGun ETF (BWTG) and Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO).
BWTG and BSJO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BWTG is an actively managed fund by Brendan Wood. It was launched on Nov 8, 2023. BSJO is a passively managed fund by Invesco that tracks the performance of the NASDAQ BulletShares USD High Yield Corporate Bond 2024 TR Index. It was launched on Sep 14, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BWTG or BSJO.
Correlation
The correlation between BWTG and BSJO is 0.22, 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
BWTG vs. BSJO - Performance Comparison
Key characteristics
Returns By Period
BWTG
6.92%
5.92%
10.02%
17.57%
N/A
N/A
BSJO
N/A
N/A
N/A
N/A
N/A
N/A
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BWTG vs. BSJO - Expense Ratio Comparison
BWTG has a 0.95% expense ratio, which is higher than BSJO's 0.42% expense ratio.
Risk-Adjusted Performance
BWTG vs. BSJO — Risk-Adjusted Performance Rank
BWTG
BSJO
BWTG vs. BSJO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Brendan Wood TopGun ETF (BWTG) 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.
Dividends
BWTG vs. BSJO - Dividend Comparison
BWTG's dividend yield for the trailing twelve months is around 0.23%, while BSJO has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
BWTG Brendan Wood TopGun ETF | 0.23% | 0.25% | 0.19% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BSJO Invesco BulletShares 2024 High Yield Corporate Bond ETF | 4.88% | 5.38% | 6.05% | 4.89% | 4.05% | 4.51% | 5.11% | 5.69% | 4.69% | 1.39% |
Drawdowns
BWTG vs. BSJO - Drawdown Comparison
Volatility
BWTG vs. BSJO - Volatility Comparison
Brendan Wood TopGun ETF (BWTG) has a higher volatility of 3.10% compared to Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO) at 0.00%. This indicates that BWTG's price experiences larger fluctuations and is considered to be riskier than BSJO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.