BGH vs BSMS

Comparison between Barings Global Short Duration High Yield Fund (BGH, ETF) and INVESCO BULLETSHARES 2028 MUNICIPAL BOND ETF (BSMS, ETF).

5-Year PerformanceBGH has outperformed BSMS, delivering a return of +6.4% compared to +0.0%

BGH vs BSMS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BGH(ETF)	BSMS(ETF)
Net Assets	$298M	$299M
Expense Ratio	N/A	0.18%
Max Drawdown	63.84%	16.51%
Sharpe Ratio	0.11	0.17
5Y Beta	0.42	0.01
5Y Dividends CAGR	5.93%	10.28%

Net Assets

BGH

$298M

Winner

BSMS

$299M

Expense Ratio

BGH

N/A

BSMS

0.18%

Max Drawdown

BGH

63.84%

Winner

BSMS

16.51%

Sharpe Ratio

BGH

0.11

Winner

BSMS

0.17

5Y Beta

BGH

0.42

Winner

BSMS

0.01

5Y Dividends CAGR

BGH

5.93%

Winner

BSMS

10.28%

BGH vs BSMS - Historical Returns

Returns include dividend reinvestment.

Period	BGH	BSMS
1 month	-2.14%	-0.02%
3 months	+0.02%	-0.22%
6 months	-3.20%	+1.10%
1 year	+4.18%	+3.85%
5 years(CAGR)	+6.41%	+0.03%
10 years(CAGR)	+7.65%	N/A
Max(CAGR)	+6.07%	+1.15%

BGH

-2.14%

Winner

BSMS

-0.02%

Winner

BGH

+0.02%

BSMS

-0.22%

BGH

-3.20%

Winner

BSMS

+1.10%

Winner

BGH

+4.18%

BSMS

+3.85%

5Y(CAGR)

Winner

BGH

+6.41%

BSMS

+0.03%

10Y(CAGR)

BGH

+7.65%

BSMS

N/A

Max(CAGR)

Winner

BGH

+6.07%

BSMS

+1.15%

BGH vs BSMS - Annual Returns (2012 - 2026)

Returns include dividend reinvestment.

Year	BGH	BSMS
2026	-3.60%	+0.60%
2025	+7.41%	+3.52%
2024	+26.25%	+1.13%
2023	+17.36%	+4.78%
2022	-19.43%	-9.86%
2021	+25.25%	+1.34%
2020	-5.04%	+6.50%
2019	+19.70%	+0.22%
2018	-8.56%	N/A
2017	+10.60%	N/A
2016	+29.79%	N/A
2015	-8.72%	N/A
2014	-1.88%	N/A
2013	+5.32%	N/A
2012	-4.35%	N/A

BGH vs BSMS Drawdown Comparison

The maximum drawdown for BGH was -48.74%, occurring on Mar 23, 2020. Recovery took 288 trading sessions.

The maximum drawdown for BSMS was -14.95%, occurring on Oct 31, 2022. This drawdown has not yet recovered.

The current BGH drawdown is -10.80%. The current BSMS drawdown is -1.26%.

Rank	BGH	BSMS
#1	-48.74% Feb 20, 2020 - Apr 13, 2021	-14.95% Jul 19, 2021 - Oct 31, 2022
#2	-26.63% Jan 6, 2022 - Feb 29, 2024	-14.01% Feb 27, 2020 - Jul 16, 2020
#3	-25.45% Jun 18, 2014 - Aug 18, 2016	-2.92% Feb 12, 2021 - Jun 8, 2021
#4	-20.85% Sep 4, 2018 - May 1, 2019	-2.40% Aug 10, 2020 - Nov 25, 2020
#5	-16.88% Sep 17, 2025 - Mar 30, 2026	-1.09% Sep 26, 2019 - Dec 3, 2019
#6	-15.51% Feb 21, 2025 - Jul 1, 2025	-0.66% Jun 10, 2021 - Jul 7, 2021
#7	-11.53% May 7, 2013 - Jan 6, 2014	-0.55% Jan 6, 2021 - Jan 28, 2021
#8	-9.18% May 3, 2019 - Jan 8, 2020	-0.43% Jan 31, 2020 - Feb 18, 2020
#9	-7.94% Oct 20, 2017 - Aug 7, 2018	-0.39% Jul 16, 2020 - Jul 20, 2020
#10	-6.58% Oct 26, 2016 - Nov 28, 2016	-0.32% Dec 4, 2019 - Dec 18, 2019
#11	-5.75% Nov 8, 2024 - Dec 2, 2024	-0.23% Dec 18, 2019 - Jan 2, 2020
#12	-5.54% Dec 6, 2024 - Feb 18, 2025	-0.16% Jan 17, 2020 - Jan 31, 2020
#13	-5.00% Nov 16, 2021 - Dec 31, 2021	-0.13% Nov 25, 2020 - Dec 7, 2020
#14	-4.51% Jul 13, 2021 - Aug 31, 2021	-0.13% Jul 8, 2021 - Jul 14, 2021
#15	-4.50% Dec 7, 2012 - Jan 18, 2013	-0.11% Dec 29, 2020 - Jan 4, 2021

Correlation

Correlation between BGH and BSMS is 0.47 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.47

-101

Dividend Comparison (2012 - 2026)

BGH vs BSMS dividend yield comparison.

Year	BGH	BSMS
2026	4.40%	1.14%
2025	11.38%	2.79%
2024	9.72%	2.81%
2023	10.66%	2.58%
2022	9.99%	1.56%
2021	7.31%	1.49%
2020	9.10%	1.61%
2019	10.14%	0.46%
2018	12.11%	0.00%
2017	9.50%	0.00%
2016	9.61%	0.00%
2015	13.31%	0.00%
2014	14.41%	0.00%
2013	10.05%	0.00%
2012	0.71%	0.00%