BSJQ vs BSJR
Invesco BulletShares 2026 High Yield Corporate Bond ETF vs Invesco BulletShares 2027 High Yield Corporate Bond ETF
Which is better, BSJQ or BSJR?
Nearly the same fund. BSJR costs less.
BSJR has a lower expense ratio. BSJQ led over 5Y, BSJR over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.98. BSJR is less concentrated, with 26.9% of the fund in its ten largest positions against 94.9%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BSJQ | BSJR |
|---|---|---|
| Expense Ratio | 0.43% | 0.42%Best |
| AUM | $715M | $945M |
| Dividend Yield | 5.43% | 5.51% |
| Holdings | 46 | 193 |
| YTD Return | +1.77% | +2.10%Best |
| 1Y Return | +2.80% | +3.18%Best |
| 3Y Return (annualized) | +6.77% | +7.94%Best |
| 5Y Return (annualized) | +3.63%Best | +3.25% |
| Volatility (annualized) | 7.6%Best | 8.7% |
| Max Drawdown | -25.0% | -23.3%Best |
| $10,000 over 5 years | $11,952Best | $11,734 |
| Top 10 Weight | 94.9% | 26.9%Best |
| Fund Family | Invesco (US) | Invesco (US) |
| Category | Fixed Income | Fixed Income |
| Style | High Yield Bond | High Yield Bond |
| Inception | Aug 9, 2018 | Sep 12, 2019 |
Volatility and max drawdown are measured over the window both funds cover: Sep 12, 2019 to Oct 14, 2026 (7.1 years).
BSJQ vs BSJR growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 7.1 years both funds cover.
BSJQ vs BSJR Performance
Invesco BulletShares 2026 High Yield Corporate Bond ETF (BSJQ) is an ETF from Invesco (US) and Invesco BulletShares 2027 High Yield Corporate Bond ETF (BSJR) is an ETF from Invesco (US). Over the past year BSJQ returned +2.80% while BSJR returned +3.18%. Year to date, BSJQ is up 1.77% versus a gain of 2.10% for BSJR.
Over three years, BSJQ compounded at +6.77% per year against +7.94% for BSJR; over five years the annualized figures are +3.63% and +3.25% respectively. Across the full 7-year window we track, BSJR has the edge at +3.00% annualized vs +2.88%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BSJR has been the more volatile fund, with annualized monthly volatility of 8.7% compared with 7.6% for BSJQ. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -25.0% for BSJQ and -23.3% for BSJR. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.98. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
BSJQ charges 0.43% per year while BSJR charges 0.42%. On a $10,000 position that is $43 vs $42 annually, a gap of $1 per year that compounds over a long holding period. On income, BSJQ currently yields 5.43% against 5.51% for BSJR.
Holdings Overlap
78.3% of BSJQ's money is in holdings BSJR also owns. 6.6% of BSJR's money is in holdings BSJQ also owns.
Most of BSJQ is already inside BSJR. Owning both mostly buys the same companies twice.
3 positions in common, counted across the 13 positions we hold weights for in BSJQ and 88 in BSJR, against full books of 46 and 193.
What only one of them owns
Our book lists 85 positions for BSJR that do not appear in our book for BSJQ (90.2% of the fund), and 10 for BSJQ that do not appear in BSJR (17.4%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in BSJQ | Weight in BSJR | Difference |
|---|---|---|---|
| AGPXXInvesco Government & Agency Portfolio, Institutional Class | 76.81% | 4.82% | 71.99% |
| RGCARE 9.875 08/15/3Lifepoint Health Inc 9.88% 15Aug2030 | 0.94% | 1.47% | 0.53% |
| CWK 8.875 09/01/31 1Cushman And Wakefield U.S. Borrower Llc. | 0.57% | 0.30% | 0.27% |
78.3% of BSJQ is already inside BSJR.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BSJQ or BSJR?
BSJQ has an expense ratio of 0.43% while BSJR charges 0.42%. BSJR is the cheaper option, by $1 a year on a $10,000 investment.
Which performed better, BSJQ or BSJR?
Over the past year BSJQ returned +2.80% vs +3.18% for BSJR, so BSJR leads on 1-year performance. Over the longest common window we track (7 years), BSJQ annualized +2.88% vs +3.00% for BSJR. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BSJQ or BSJR?
BSJR has been the more volatile fund at 8.7% annualized versus 7.6% for BSJQ. Worst drawdown: BSJQ -25.0% vs BSJR -23.3%.
Should I hold both BSJQ and BSJR?
BSJQ and BSJR have a monthly-return correlation of 0.98, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between BSJQ and BSJR?
78.3% of BSJQ's money is in holdings BSJR also owns. 6.6% of BSJR's is in holdings BSJQ also owns. They hold 3 positions in common, counted across the 13 positions we hold weights for in BSJQ and 88 in BSJR.
Which pays a higher dividend, BSJQ or BSJR?
BSJQ yields 5.43% while BSJR yields 5.51%, so BSJR currently pays the higher dividend yield.
Is BSJR better than BSJQ?
BSJR has a lower expense ratio. BSJQ led over 5Y, BSJR over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.98. BSJR is less concentrated, with 26.9% of the fund in its ten largest positions against 94.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.