LOWV vs. BSJO
Compare and contrast key facts about AB US Low Volatility Equity ETF (LOWV) and Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO).
LOWV and BSJO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LOWV is an actively managed fund by AB Funds. It was launched on Mar 21, 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: LOWV or BSJO.
Correlation
The correlation between LOWV and BSJO is 0.34, 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
LOWV vs. BSJO - Performance Comparison
Key characteristics
LOWV:
2.13
BSJO:
5.47
LOWV:
2.84
BSJO:
9.96
LOWV:
1.39
BSJO:
2.53
LOWV:
3.90
BSJO:
17.21
LOWV:
14.31
BSJO:
94.69
LOWV:
1.53%
BSJO:
0.06%
LOWV:
10.25%
BSJO:
1.04%
LOWV:
-6.28%
BSJO:
-21.99%
LOWV:
-2.94%
BSJO:
0.00%
Returns By Period
LOWV
0.31%
-2.94%
5.45%
20.44%
N/A
N/A
BSJO
0.00%
0.13%
2.21%
5.32%
2.75%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
LOWV vs. BSJO - Expense Ratio Comparison
LOWV has a 0.48% expense ratio, which is higher than BSJO's 0.42% expense ratio.
Risk-Adjusted Performance
LOWV vs. BSJO — Risk-Adjusted Performance Rank
LOWV
BSJO
LOWV vs. BSJO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AB US Low Volatility Equity ETF (LOWV) 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
LOWV vs. BSJO - Dividend Comparison
LOWV's dividend yield for the trailing twelve months is around 0.92%, less than BSJO's 5.38% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
LOWV AB US Low Volatility Equity ETF | 0.92% | 0.92% | 0.77% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BSJO Invesco BulletShares 2024 High Yield Corporate Bond ETF | 5.38% | 5.38% | 6.05% | 4.89% | 4.05% | 4.51% | 5.11% | 5.69% | 4.69% | 1.39% |
Drawdowns
LOWV vs. BSJO - Drawdown Comparison
The maximum LOWV drawdown since its inception was -6.28%, smaller than the maximum BSJO drawdown of -21.99%. Use the drawdown chart below to compare losses from any high point for LOWV and BSJO. For additional features, visit the drawdowns tool.
Volatility
LOWV vs. BSJO - Volatility Comparison
AB US Low Volatility Equity ETF (LOWV) has a higher volatility of 3.52% compared to Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO) at 0.08%. This indicates that LOWV'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.