THY vs. BSJO
Compare and contrast key facts about Agility Shares Dynamic Tactical Income ETF (THY) and Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO).
THY and BSJO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. THY is an actively managed fund by Toews Corp.. It was launched on Jun 25, 2020. 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: THY or BSJO.
Key characteristics
| THY | BSJO | |
|---|---|---|
| YTD Return | 5.87% | 4.88% |
| 1Y Return | 11.87% | 6.97% |
| 3Y Return (Ann) | 1.45% | 2.13% |
| Sharpe Ratio | 2.21 | 5.57 |
| Sortino Ratio | 3.30 | 11.45 |
| Omega Ratio | 1.46 | 2.72 |
| Calmar Ratio | 1.44 | 8.43 |
| Martin Ratio | 18.03 | 111.26 |
| Ulcer Index | 0.62% | 0.06% |
| Daily Std Dev | 5.08% | 1.25% |
| Max Drawdown | -8.56% | -21.98% |
| Current Drawdown | -1.13% | 0.00% |
Correlation
The correlation between THY and BSJO is 0.54, 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
THY vs. BSJO - Performance Comparison
In the year-to-date period, THY achieves a 5.87% return, which is significantly higher than BSJO's 4.88% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
THY vs. BSJO - Expense Ratio Comparison
THY has a 1.36% expense ratio, which is higher than BSJO's 0.42% expense ratio.
Risk-Adjusted Performance
THY vs. BSJO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Agility Shares Dynamic Tactical Income ETF (THY) 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
THY vs. BSJO - Dividend Comparison
THY's dividend yield for the trailing twelve months is around 4.69%, less than BSJO's 5.90% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
THY Agility Shares Dynamic Tactical Income ETF | 4.69% | 4.59% | 2.55% | 3.46% | 1.09% | 0.00% | 0.00% | 0.00% | 0.00% |
BSJO Invesco BulletShares 2024 High Yield Corporate Bond ETF | 5.90% | 6.05% | 4.89% | 4.06% | 4.51% | 5.10% | 5.68% | 4.87% | 1.39% |
Drawdowns
THY vs. BSJO - Drawdown Comparison
The maximum THY drawdown since its inception was -8.56%, smaller than the maximum BSJO drawdown of -21.98%. Use the drawdown chart below to compare losses from any high point for THY and BSJO. For additional features, visit the drawdowns tool.
Volatility
THY vs. BSJO - Volatility Comparison
Agility Shares Dynamic Tactical Income ETF (THY) has a higher volatility of 0.98% compared to Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO) at 0.13%. This indicates that THY'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.