SA
Sign upLog In
BSJS

Invesco BulletShares 2028 High Yield Corporate Bond ETF (BSJS) is designed to provide exposure to a diversified portfolio of high-yield corporate bonds maturing in 2028. The ETF's competitive position is strengthened by its focus on bonds with higher yields, which can attract income-seeking investors in a low-rate environment, particularly in the U.S. market.

Financial ServicesAsset Management - Bondslow - the ETF has minimal fixed costs, as its expenses are largely variable and tied to AUM.

Business Overview

01Management fees from the ETF, typically around 0.35% of assets under management
02Performance fees if applicable, though less common in bond ETFs

BSJS generates revenue primarily through management fees based on the total assets under management (AUM). The ETF's competitive advantage lies in its targeted maturity strategy, which allows investors to manage interest rate risk while capturing higher yields from corporate bonds. This strategy is particularly appealing in volatile interest rate environments.

What Moves the Stock

Changes in high yield credit spreads, which affect bond valuations

Interest rate movements, particularly in relation to the Federal Funds Rate

Investor sentiment towards high-yield bonds, influenced by economic conditions

Inflows or outflows from the ETF, impacting AUM and management fees

Watch on Earnings
Total assets under management (AUM)Net inflows or outflows from the ETFHigh yield credit spread levels

Risk Factors

Regulatory changes affecting bond market liquidity and trading practices

Potential shifts in investor preference towards safer assets during economic downturns

Increased competition from other bond ETFs offering similar or lower fees

Emergence of alternative income-generating investment vehicles

Market risk associated with fluctuations in bond prices impacting NAV

Liquidity risk if significant outflows occur during market stress

StructuralCompetitiveBalance Sheet

Macro Sensitivity

Economic Cycle

moderate - the performance of high-yield bonds is sensitive to economic cycles, as defaults can increase during downturns, impacting investor sentiment.

Interest Rates

High yield bonds typically have an inverse relationship with interest rates; rising rates can lead to lower bond prices, affecting the ETF's NAV and attractiveness.

Credit

minimal - while the ETF is exposed to credit risk from the underlying bonds, it is not directly dependent on credit conditions for its operations.

Live Conditions
Russell 2000 Futures30-Year TreasuryDow Jones FuturesS&P 500 Futures10-Year Treasury5-Year Treasury30-Day Fed Funds2-Year Treasury

Profile

income-focused investors - due to the ETF's high yield potential and targeted maturity strategy.

moderate - the ETF's beta is typically lower than equity markets, reflecting its bond-focused nature.

Key Metrics to Watch
High yield credit spreads (BAMLH0A0HYM2)
Federal Funds Rate (FEDFUNDS)
10-Year Treasury Yield (GS10)
Total assets under management (AUM)
Net inflows/outflows from the ETF

Explore More

Stock Comparison

Compare equities side by side

52-Week Highs Breakout

Stocks breaking to new annual highs

52-Week Lows Oversold

S&P 500 oversold value screener

Trending Momentum

Relative strength momentum leaders

Earnings Calendar

Upcoming earnings dates & reports

S&P 500 Screener

Filter and sort all 500 stocks

Market Movers

Today's biggest gainers and losers

Market Heatmap

Visual sector performance

Data is provided for informational purposes only and does not constitute investment advice. Past performance is not indicative of future results.