LVOL vs. BSJO
Compare and contrast key facts about American Century Low Volatility ETF (LVOL) and Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO).
LVOL and BSJO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LVOL is an actively managed fund by American Century Investments. It was launched on Jan 12, 2021. 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: LVOL or BSJO.
Correlation
The correlation between LVOL and BSJO is 0.61, 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
LVOL vs. BSJO - Performance Comparison
Key characteristics
LVOL:
1.41
BSJO:
5.47
LVOL:
1.92
BSJO:
9.96
LVOL:
1.25
BSJO:
2.53
LVOL:
2.51
BSJO:
17.21
LVOL:
7.15
BSJO:
94.69
LVOL:
1.94%
BSJO:
0.06%
LVOL:
9.82%
BSJO:
1.04%
LVOL:
-22.37%
BSJO:
-21.99%
LVOL:
-4.85%
BSJO:
0.00%
Returns By Period
LVOL
-0.83%
-3.97%
2.46%
13.26%
N/A
N/A
BSJO
0.00%
0.00%
2.17%
5.37%
2.72%
N/A
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LVOL vs. BSJO - Expense Ratio Comparison
LVOL has a 0.29% expense ratio, which is lower than BSJO's 0.42% expense ratio.
Risk-Adjusted Performance
LVOL vs. BSJO — Risk-Adjusted Performance Rank
LVOL
BSJO
LVOL vs. BSJO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Century Low Volatility ETF (LVOL) 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
LVOL vs. BSJO - Dividend Comparison
LVOL's dividend yield for the trailing twelve months is around 1.15%, less than BSJO's 5.38% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
LVOL American Century Low Volatility ETF | 1.15% | 1.14% | 1.48% | 1.59% | 1.00% | 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
LVOL vs. BSJO - Drawdown Comparison
The maximum LVOL drawdown since its inception was -22.37%, roughly equal to the maximum BSJO drawdown of -21.99%. Use the drawdown chart below to compare losses from any high point for LVOL and BSJO. For additional features, visit the drawdowns tool.
Volatility
LVOL vs. BSJO - Volatility Comparison
American Century Low Volatility ETF (LVOL) has a higher volatility of 3.59% compared to Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO) at 0.06%. This indicates that LVOL'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.