MYMJ vs. BSMQ

Last updated Jun 23, 2026

MYMJ (State Street My2030 Municipal Bond ETF) and BSMQ (Invesco BulletShares 2026 Municipal Bond ETF) are both Municipal Bonds funds. MYMJ is actively managed, while BSMQ is passively managed. Over the past year, MYMJ returned 4.91% vs 3.03% for BSMQ. At a 0.39 correlation, their price movements are largely independent. MYMJ charges 0.20%/yr vs 0.18%/yr for BSMQ.

Performance

MYMJ vs. BSMQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street My2030 Municipal Bond ETF (MYMJ) and Invesco BulletShares 2026 Municipal Bond ETF (BSMQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MYMJ achieves a 1.16% return, which is significantly higher than BSMQ's 0.96% return.

MYMJ

• 1D: -0.02%
• 1M: 0.76%
• YTD: 1.16%
• 6M: 1.61%
• 1Y: 4.91%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BSMQ

• 1D: 0.08%
• 1M: 0.23%
• YTD: 0.96%
• 6M: 1.16%
• 1Y: 3.03%
• 3Y*: 2.78%
• 5Y*: 0.38%
• 10Y*: —

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

MYMJ vs. BSMQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024
MYMJ State Street My2030 Municipal Bond ETF	1.16%	3.98%	-0.90%
BSMQ Invesco BulletShares 2026 Municipal Bond ETF	0.96%	3.12%	0.06%

Correlation

The correlation between MYMJ and BSMQ is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.25
Correlation (All Time) Calculated using the full available price history since Sep 24, 2024	0.39

The correlation between MYMJ and BSMQ shifts across timeframes, from 0.25 (1 year) to 0.39 (all time), reflecting how their relationship changes across market environments.

Return for Risk

MYMJ vs. BSMQ — Risk / Return Rank

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

MYMJ

MYMJ Risk / Return Rank: 80
MYMJ Sharpe Ratio Rank: 91
MYMJ Sortino Ratio Rank: 94
MYMJ Omega Ratio Rank: 95
MYMJ Calmar Ratio Rank: 63
MYMJ Martin Ratio Rank: 58

BSMQ

BSMQ Risk / Return Rank: 87
BSMQ Sharpe Ratio Rank: 75
BSMQ Sortino Ratio Rank: 86
BSMQ Omega Ratio Rank: 83
BSMQ Calmar Ratio Rank: 96
BSMQ Martin Ratio Rank: 94

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.

MYMJ vs. BSMQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street My2030 Municipal Bond ETF (MYMJ) and Invesco BulletShares 2026 Municipal Bond ETF (BSMQ). 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.

	MYMJ	BSMQ	Difference
Sharpe ratio: Return per unit of total volatility	3.00	2.32	+0.69
Sortino ratio: Return per unit of downside risk	4.73	3.70	+1.03
Omega ratio: Gain probability vs. loss probability	1.73	1.48	+0.25
Calmar ratio: Return relative to maximum drawdown	3.03	9.28	-6.24
Martin ratio: Return relative to average drawdown	9.91	24.53	-14.63

MYMJ vs. BSMQ - Sharpe Ratio Comparison

The current MYMJ Sharpe Ratio is 3.00, which is comparable to the BSMQ Sharpe Ratio of 2.32. The chart below compares the historical Sharpe Ratios of MYMJ and BSMQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

MYMJ vs. BSMQ - Drawdown Comparison

The maximum MYMJ drawdown since its inception was -3.11%, smaller than the maximum BSMQ drawdown of -13.18%. Use the drawdown chart below to compare losses from any high point for MYMJ and BSMQ.

Drawdown Indicators

	MYMJ	BSMQ	Difference
Max Drawdown Largest peak-to-trough decline	-3.11%	-13.18%	+10.07%
Max Drawdown (1Y) Largest decline over 1 year	-1.63%	-0.33%	-1.30%
Max Drawdown (3Y) Largest decline over 3 years	—	-2.53%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-11.50%	—
Current Drawdown Current decline from peak	-0.35%	-0.07%	-0.28%
Average Drawdown Average peak-to-trough decline	-0.69%	-3.45%	+2.76%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.50%	0.12%	+0.38%

Volatility

MYMJ vs. BSMQ - Volatility Comparison

State Street My2030 Municipal Bond ETF (MYMJ) and Invesco BulletShares 2026 Municipal Bond ETF (BSMQ) have volatilities of 0.38% and 0.38%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MYMJ	BSMQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.38%	0.38%	0.00%
Volatility (6M) Calculated over the trailing 6-month period	1.20%	0.96%	+0.24%
Volatility (1Y) Calculated over the trailing 1-year period	1.64%	1.31%	+0.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.86%	2.67%	+0.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.86%	4.77%	-1.91%

MYMJ vs. BSMQ - Expense Ratio Comparison

MYMJ has a 0.20% expense ratio, which is higher than BSMQ's 0.18% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

MYMJ vs. BSMQ - Dividend Comparison

MYMJ's dividend yield for the trailing twelve months is around 2.96%, less than BSMQ's 2.99% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
BSMQ Invesco BulletShares 2026 Municipal Bond ETF	2.99%	2.74%	2.75%	2.47%	1.60%	1.14%	1.57%	0.44%
MYMJ State Street My2030 Municipal Bond ETF	2.96%	3.02%	0.89%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both MYMJ and BSMQ in my portfolio?

MYMJ and BSMQ have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MYMJ or BSMQ?

BSMQ has higher volatility (0.38%) compared to MYMJ (0.38%). In terms of maximum drawdown, MYMJ dropped -3.11% vs BSMQ's -13.18%.

Which ETF is better, MYMJ or BSMQ?

On 1-year performance, MYMJ leads with 4.91% vs 3.03% for BSMQ. On fees, BSMQ is cheaper at 0.18% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MYMJ or BSMQ?

Over the 1-year period, MYMJ has performed better with a 4.91% return vs 3.03%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MYMJ or BSMQ?

BSMQ is cheaper with a 0.18% expense ratio, compared with 0.20% for MYMJ.

Which ETF pays a higher dividend yield, MYMJ or BSMQ?

BSMQ has the higher dividend yield at 2.99%, compared with 2.96% for MYMJ.

What is the main difference between MYMJ and BSMQ?

They also come from different issuers: State Street and Invesco. Their fees differ too: 0.20% for MYMJ and 0.18% for BSMQ.

Which has better risk-adjusted returns?

MYMJ currently has the higher Sharpe Ratio (3.00 vs 2.32), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.