XVOL vs. BSJO
Compare and contrast key facts about Acruence Active Hedge U.S. Equity ETF (XVOL) and Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO).
XVOL and BSJO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XVOL is an actively managed fund by Toroso Investments. It was launched on Apr 22, 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: XVOL or BSJO.
Correlation
The correlation between XVOL and BSJO is 0.59, 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
XVOL vs. BSJO - Performance Comparison
Key characteristics
Returns By Period
XVOL
4.54%
1.91%
8.34%
23.05%
N/A
N/A
BSJO
N/A
N/A
N/A
N/A
N/A
N/A
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XVOL vs. BSJO - Expense Ratio Comparison
XVOL has a 0.83% expense ratio, which is higher than BSJO's 0.42% expense ratio.
Risk-Adjusted Performance
XVOL vs. BSJO — Risk-Adjusted Performance Rank
XVOL
BSJO
XVOL vs. BSJO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Acruence Active Hedge U.S. Equity ETF (XVOL) 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
XVOL vs. BSJO - Dividend Comparison
XVOL's dividend yield for the trailing twelve months is around 2.99%, while BSJO has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
XVOL Acruence Active Hedge U.S. Equity ETF | 2.99% | 3.13% | 1.09% | 2.86% | 0.29% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BSJO Invesco BulletShares 2024 High Yield Corporate Bond ETF | 4.88% | 5.38% | 6.05% | 4.89% | 4.05% | 4.51% | 5.11% | 5.69% | 4.69% | 1.39% |
Drawdowns
XVOL vs. BSJO - Drawdown Comparison
Volatility
XVOL vs. BSJO - Volatility Comparison
Acruence Active Hedge U.S. Equity ETF (XVOL) has a higher volatility of 4.68% compared to Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO) at 0.00%. This indicates that XVOL'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.