GTOQ vs. BSJO

Last updated Jun 24, 2026

GTOQ (Invesco High Yield Systematic Bond ETF) and BSJO (Invesco BulletShares 2024 High Yield Corporate Bond ETF) are both High Yield Bonds funds from Invesco. GTOQ is actively managed, while BSJO is passively managed. GTOQ charges 0.39%/yr vs 0.42%/yr for BSJO.

Performance

GTOQ vs. BSJO - Performance Comparison

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

Returns By Period

GTOQ

• 1D: 0.04%
• 1M: 0.55%
• YTD: 1.84%
• 6M: 2.13%
• 1Y: 6.31%
• 3Y*: 9.02%
• 5Y*: 3.86%
• 10Y*: —

BSJO

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

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

GTOQ vs. BSJO - Yearly Performance Comparison

	2026 (YTD)
GTOQ Invesco High Yield Systematic Bond ETF	1.31%
BSJO Invesco BulletShares 2024 High Yield Corporate Bond ETF	0.00%

Return for Risk

GTOQ vs. BSJO — Risk / Return Rank

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

GTOQ

GTOQ Risk / Return Rank: 56
GTOQ Sharpe Ratio Rank: 56
GTOQ Sortino Ratio Rank: 61
GTOQ Omega Ratio Rank: 58
GTOQ Calmar Ratio Rank: 47
GTOQ Martin Ratio Rank: 57

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.

GTOQ vs. BSJO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco High Yield Systematic Bond ETF (GTOQ) 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.

	GTOQ	BSJO	Difference
Sharpe ratio: Return per unit of total volatility	1.73	—	—
Sortino ratio: Return per unit of downside risk	2.57	—	—
Omega ratio: Gain probability vs. loss probability	1.32	—	—
Calmar ratio: Return relative to maximum drawdown	2.15	—	—
Martin ratio: Return relative to average drawdown	9.18	—	—

Drawdowns

GTOQ vs. BSJO - Drawdown Comparison

The maximum GTOQ drawdown since its inception was -15.96%, which is greater than BSJO's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for GTOQ and BSJO.

Drawdown Indicators

	GTOQ	BSJO	Difference
Max Drawdown Largest peak-to-trough decline	-15.96%	0.00%	-15.96%
Max Drawdown (1Y) Largest decline over 1 year	-2.95%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-5.25%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-15.96%	—	—
Current Drawdown Current decline from peak	-0.19%	0.00%	-0.19%
Average Drawdown Average peak-to-trough decline	-3.28%	0.00%	-3.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.69%	—	—

Volatility

Volatility by Period

	GTOQ	BSJO	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.94%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.76%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.67%	0.00%	+3.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.72%	0.00%	+5.72%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.51%	0.00%	+5.51%

GTOQ vs. BSJO - Expense Ratio Comparison

GTOQ has a 0.39% expense ratio, which is lower than BSJO's 0.42% expense ratio.

Dividends

GTOQ vs. BSJO - Dividend Comparison

GTOQ's dividend yield for the trailing twelve months is around 6.83%, while BSJO has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
BSJO Invesco BulletShares 2024 High Yield Corporate Bond ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
GTOQ Invesco High Yield Systematic Bond ETF	6.83%	7.04%	7.20%	6.76%	6.17%	4.86%

Frequently Asked Questions

Which ETF is better, GTOQ or BSJO?

On fees, GTOQ is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GTOQ or BSJO?

GTOQ is cheaper with a 0.39% expense ratio, compared with 0.42% for BSJO.

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

GTOQ has the higher dividend yield at 6.83%, compared with 0.00% for BSJO.

What is the main difference between GTOQ and BSJO?

Their fees differ too: 0.39% for GTOQ and 0.42% for BSJO.