BSJS vs SMTH
Invesco BulletShares 2028 High Yield Corporate Bond ETF vs ALPS Smith Core Plus Bond ETF
Which is better, BSJS or SMTH?
BSJS has been ahead.
BSJS has a lower expense ratio. BSJS 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 | BSJS | SMTH |
|---|---|---|
| Expense Ratio | 0.42%Best | 0.59% |
| AUM | $776M | $3.6B |
| Dividend Yield | 6.15% | 4.48% |
| Holdings | 349 | 921 |
| YTD Return | +2.24%Best | -2.50% |
| 1Y Return | +3.71%Best | -2.47% |
| 3Y Return (annualized) | +8.69% | - |
| 5Y Return (annualized) | +3.13% | - |
| Volatility (annualized) | 3.1%Best | 4.2% |
| Max Drawdown | -4.4%Best | -4.7% |
| $10,000 over 2.9 years | $12,221Best | $11,089 |
| Fund Family | Invesco (US) | ALPS Advisors |
| Category | Fixed Income | Fixed Income |
| Style | High Yield Bond | High Yield Bond |
| Inception | Sep 16, 2020 | 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).
BSJS 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.
BSJS vs SMTH Performance
Invesco BulletShares 2028 High Yield Corporate Bond ETF (BSJS) is an ETF from Invesco (US) and ALPS Smith Core Plus Bond ETF (SMTH) is an ETF from ALPS Advisors. Over the past year BSJS returned +3.71% while SMTH returned -2.47%. Year to date, BSJS is up 2.24% 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 3.1% for BSJS. 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 -4.4% for BSJS 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
BSJS 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, BSJS currently yields 6.15% against 4.48% for SMTH.
Holdings Overlap
We hold position weights for 155 holdings in BSJS and 147 in SMTH, totalling 92.9% and 30.2% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 9 positions appear in both.
9 positions in common, counted across the 155 positions we hold weights for in BSJS and 147 in SMTH, against full books of 349 and 921.
Top Shared Holdings
| Stock | Weight in BSJS | Weight in SMTH | Difference |
|---|---|---|---|
| CHTR 5 02/01/28 144ACco Holdings Llc 5 2/28 | 2.45% | 0.21% | 2.24% |
| KNTK 6.625 12/15/28 | 1.04% | 0.22% | 0.82% |
| ACI 6.5 02/15/28 144Albertsons Cos Inc / Safeway Inc / New Albertsons Lp / Albertsons Llc / (Albertsons Safeway Llc) | 0.73% | 0.53% | 0.20% |
| RRR 4.5 02/15/28 144Station Casinos Llc 4.5 02/15/2028 | 0.66% | 0.23% | 0.43% |
| GFLCN 4 08/01/28 144Gfl Environmental Inc 4% 08/01/2028 | 0.71% | 0.13% | 0.58% |
| IRM 5.25 03/15/28 14Iron Mountain Incorporated 5.25% 15-Mar-2028 | 0.81% | 0.02% | 0.79% |
| WH 4.375 08/15/28 14Wyndham Hotels & Resorts 4.375 8/15/2028 | 0.48% | 0.21% | 0.27% |
| TFX 4.25 06/01/28 14Teleflex Inc Sr Nt 144a 2028-06-01 | 0.49% | 0.11% | 0.38% |
| CWK 6.75 05/15/28 14Cushman & Wakefield Us Borrower Llc 6.75% Due 05/15/28 | 0.19% | 0.05% | 0.14% |
You are not choosing between two funds in isolation.
Whichever of BSJS 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, BSJS or SMTH?
BSJS has an expense ratio of 0.42% while SMTH charges 0.59%. BSJS is the cheaper option, by $17 a year on a $10,000 investment.
Which performed better, BSJS or SMTH?
Over the past year BSJS returned +3.71% vs -2.47% for SMTH, so BSJS leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BSJS or SMTH?
SMTH has been the more volatile fund at 4.2% annualized versus 3.1% for BSJS. Worst drawdown: BSJS -4.4% vs SMTH -4.7%.
Should I hold both BSJS and SMTH?
BSJS 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.
Which pays a higher dividend, BSJS or SMTH?
BSJS yields 6.15% while SMTH yields 4.48%, so BSJS currently pays the higher dividend yield.
Is SMTH better than BSJS?
BSJS has a lower expense ratio. BSJS 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.