CHGX vs. BSJO
Compare and contrast key facts about Change Finance U.S. Large Cap Fossil Fuel Free ETF (CHGX) and Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO).
CHGX and BSJO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CHGX is a passively managed fund by Change Finance that tracks the performance of the Change Finance Diversified Impact U.S. Large Cap Fossil Fuel Free Index. It was launched on Oct 10, 2017. 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. Both CHGX and BSJO 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: CHGX or BSJO.
Correlation
The correlation between CHGX and BSJO is 0.58, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
CHGX vs. BSJO - Performance Comparison
Key characteristics
Returns By Period
CHGX
3.85%
2.79%
7.54%
13.20%
10.83%
N/A
BSJO
N/A
N/A
N/A
N/A
N/A
N/A
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CHGX vs. BSJO - Expense Ratio Comparison
CHGX has a 0.49% expense ratio, which is higher than BSJO's 0.42% expense ratio.
Risk-Adjusted Performance
CHGX vs. BSJO — Risk-Adjusted Performance Rank
CHGX
BSJO
CHGX vs. BSJO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Change Finance U.S. Large Cap Fossil Fuel Free ETF (CHGX) 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
CHGX vs. BSJO - Dividend Comparison
CHGX's dividend yield for the trailing twelve months is around 0.73%, while BSJO has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
CHGX Change Finance U.S. Large Cap Fossil Fuel Free ETF | 0.73% | 0.76% | 0.94% | 1.11% | 0.56% | 0.58% | 0.86% | 1.21% | 0.30% | 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
CHGX vs. BSJO - Drawdown Comparison
Volatility
CHGX vs. BSJO - Volatility Comparison
Change Finance U.S. Large Cap Fossil Fuel Free ETF (CHGX) has a higher volatility of 3.27% compared to Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO) at 0.00%. This indicates that CHGX'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.