BSJR vs SMTH
Invesco BulletShares 2027 High Yield Corporate Bond ETF vs ALPS Smith Core Plus Bond ETF
Which is better, BSJR or SMTH?
BSJR has been ahead.
BSJR has a lower expense ratio. BSJR led over 1Y and the full window.
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 | BSJR | SMTH |
|---|---|---|
| Expense Ratio | 0.42%Best | 0.59% |
| AUM | $945M | $3.6B |
| Dividend Yield | 5.51% | 4.48% |
| Holdings | 193 | 921 |
| YTD Return | +2.10%Best | -2.50% |
| 1Y Return | +3.18%Best | -2.47% |
| 3Y Return (annualized) | +7.94% | - |
| 5Y Return (annualized) | +3.25% | - |
| Volatility (annualized) | 2.3%Best | 4.2% |
| Max Drawdown | -3.1%Best | -4.7% |
| $10,000 over 2.9 years | $12,040Best | $11,089 |
| Fund Family | Invesco (US) | ALPS Advisors |
| Category | Fixed Income | Fixed Income |
| Style | High Yield Bond | High Yield Bond |
| Inception | Sep 12, 2019 | Dec 5, 2023 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.9 years row, are measured over the window both funds cover: Dec 6, 2023 to Oct 14, 2026 (2.9 years).
BSJR vs SMTH 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 2.9 years both funds cover.
BSJR vs SMTH Performance
Invesco BulletShares 2027 High Yield Corporate Bond ETF (BSJR) is an ETF from Invesco (US) and ALPS Smith Core Plus Bond ETF (SMTH) is an ETF from ALPS Advisors. Over the past year BSJR returned +3.18% while SMTH returned -2.47%. Year to date, BSJR is up 2.10% versus a loss of 2.50% for SMTH.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SMTH has been the more volatile fund, with annualized monthly volatility of 4.2% compared with 2.3% for BSJR. 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 -3.1% for BSJR and -4.7% for SMTH. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.74. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BSJR charges 0.42% per year while SMTH charges 0.59%. On a $10,000 position that is $42 vs $59 annually, a gap of $17 per year that compounds over a long holding period. On income, BSJR currently yields 5.51% against 4.48% for SMTH.
Holdings Overlap
At least 2.9% of BSJR's money is in holdings SMTH also owns.
Stated as a floor: for SMTH, our book for it covers 30.2% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
BSJR and SMTH share little of their money.
2 positions in common, counted across the 88 positions we hold weights for in BSJR and 147 in SMTH, against full books of 193 and 921.
Top Shared Holdings
| Stock | Weight in BSJR | Weight in SMTH | Difference |
|---|---|---|---|
| SIRI 5 08/01/27 144ASirius Xm Radio Inc Company Guar 144a 08/27 5 | 2.17% | 0.15% | 2.02% |
| PENN 5.625 01/15/27 | 0.71% | 0.09% | 0.62% |
You are not choosing between two funds in isolation.
Whichever of BSJR and SMTH you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BSJR or SMTH?
BSJR has an expense ratio of 0.42% while SMTH charges 0.59%. BSJR is the cheaper option, by $17 a year on a $10,000 investment.
Which performed better, BSJR or SMTH?
Over the past year BSJR returned +3.18% vs -2.47% for SMTH, so BSJR leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BSJR or SMTH?
SMTH has been the more volatile fund at 4.2% annualized versus 2.3% for BSJR. Worst drawdown: BSJR -3.1% vs SMTH -4.7%.
Should I hold both BSJR and SMTH?
BSJR and SMTH have a monthly-return correlation of 0.74, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between BSJR and SMTH?
At least 2.9% of BSJR's money is in holdings SMTH also owns. Our book for SMTH is partial, so the real figure is this or higher. They hold 2 positions in common, counted across the 88 positions we hold weights for in BSJR and 147 in SMTH.
Which pays a higher dividend, BSJR or SMTH?
BSJR yields 5.51% while SMTH yields 4.48%, so BSJR currently pays the higher dividend yield.
Is SMTH better than BSJR?
BSJR has a lower expense ratio. BSJR led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.