BSMR vs JSML

Comparison between INVESCO BULLETSHARES 2027 MUNICIPAL BOND ETF (BSMR, ETF) and JANUS HENDERSON SMALL CAP GROWTH ALPHA ETF (JSML, ETF).

5-Year PerformanceJSML has outperformed BSMR, delivering a return of +6.6% compared to +0.4%

BSMR vs JSML - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BSMR(ETF)	JSML(ETF)
Net Assets	$340M	$339M
Expense Ratio	0.18%	0.30%
Max Drawdown	13.63%	40.01%
Sharpe Ratio	0.18	1.29
5Y Beta	0.00	1.12
P/E Ratio	N/A	77.43
Forward P/E	N/A	17.45
5Y Dividends CAGR	16.82%	25.62%
5Y EPS CAGR	N/A	18.93%
Debt to Equity	N/A	69.64%
P/S Ratio	N/A	1.55
P/B Ratio	N/A	4.75

Net Assets

Winner

BSMR

$340M

JSML

$339M

Expense Ratio

Winner

BSMR

0.18%

JSML

0.30%

Max Drawdown

Winner

BSMR

13.63%

JSML

40.01%

Sharpe Ratio

BSMR

0.18

Winner

JSML

1.29

5Y Beta

Winner

BSMR

0.00

JSML

1.12

P/E Ratio

BSMR

N/A

JSML

77.43

Forward P/E

BSMR

N/A

JSML

17.45

5Y Dividends CAGR

BSMR

16.82%

Winner

JSML

25.62%

5Y EPS CAGR

BSMR

N/A

JSML

18.93%

Debt to Equity

BSMR

N/A

JSML

69.64%

P/S Ratio

BSMR

N/A

JSML

1.55

P/B Ratio

BSMR

N/A

JSML

4.75

BSMR vs JSML - Historical Returns

Returns include dividend reinvestment.

Period	BSMR	JSML
1 month	+0.42%	+7.45%
3 months	+0.18%	+26.20%
6 months	+1.21%	+20.17%
1 year	+3.88%	+35.53%
5 years(CAGR)	+0.43%	+6.55%
10 years(CAGR)	N/A	+13.28%
Max(CAGR)	+1.21%	+13.74%

BSMR

+0.42%

Winner

JSML

+7.45%

BSMR

+0.18%

Winner

JSML

+26.20%

BSMR

+1.21%

Winner

JSML

+20.17%

BSMR

+3.88%

Winner

JSML

+35.53%

5Y(CAGR)

BSMR

+0.43%

Winner

JSML

+6.55%

10Y(CAGR)

BSMR

N/A

JSML

+13.28%

Max(CAGR)

BSMR

+1.21%

Winner

JSML

+13.74%

BSMR vs JSML - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

Year	BSMR	JSML
2026	+0.95%	+20.54%
2025	+2.89%	+13.67%
2024	+1.69%	+13.44%
2023	+4.32%	+29.67%
2022	-7.56%	-29.57%
2021	+1.08%	+4.16%
2020	+4.93%	+35.32%
2019	+0.16%	+30.80%
2018	N/A	-2.78%
2017	N/A	+20.86%
2016	N/A	+21.52%

BSMR vs JSML Drawdown Comparison

The maximum drawdown for BSMR was -13.49%, occurring on Mar 23, 2020. Recovery took 112 trading sessions.

The maximum drawdown for JSML was -39.64%, occurring on Sep 26, 2022. Recovery took 941 trading sessions.

The current BSMR drawdown is -0.17%. The current JSML drawdown is -0.87%.

Rank	BSMR	JSML
#1	-13.49% Mar 2, 2020 - Aug 10, 2020	-39.64% Feb 12, 2021 - Nov 8, 2024
#2	-12.01% Jul 19, 2021 - Nov 25, 2025	-39.19% Jan 22, 2020 - Jul 29, 2020
#3	-2.46% Feb 11, 2021 - Jun 9, 2021	-27.37% Sep 4, 2018 - Nov 26, 2019
#4	-2.10% Aug 10, 2020 - Dec 3, 2020	-25.61% Nov 11, 2024 - Aug 26, 2025
#5	-1.04% Oct 21, 2019 - Jan 6, 2020	-14.84% Jan 22, 2026 - Apr 17, 2026
#6	-0.67% Jun 15, 2021 - Jul 8, 2021	-10.01% Sep 22, 2025 - Jan 9, 2026
#7	-0.57% Feb 25, 2026 - Jun 3, 2026	-9.97% Sep 2, 2020 - Oct 9, 2020
#8	-0.43% Jan 31, 2020 - Feb 18, 2020	-9.02% Sep 22, 2016 - Nov 22, 2016
#9	-0.31% Jan 5, 2021 - Jan 26, 2021	-8.25% Mar 12, 2018 - May 14, 2018
#10	-0.27% Jan 26, 2026 - Feb 5, 2026	-8.17% Jun 8, 2016 - Jul 12, 2016
#11	-0.23% Jun 11, 2026 - Jun 15, 2026	-8.08% Jan 26, 2018 - Mar 9, 2018
#12	-0.23% Feb 10, 2026 - Feb 13, 2026	-7.77% Oct 12, 2020 - Nov 5, 2020
#13	-0.14% Dec 17, 2025 - Dec 23, 2025	-6.77% May 14, 2026 - May 26, 2026
#14	-0.14% Jun 3, 2026 - Jun 11, 2026	-6.19% Apr 27, 2016 - May 31, 2016
#15	-0.13% Jul 8, 2021 - Jul 15, 2021	-5.57% Jul 27, 2017 - Sep 27, 2017

Correlation

Correlation between BSMR and JSML is 0.83 which considered as a strong positive correlation - the stocks tend to move together.

0.83

-101

Dividend Comparison (2016 - 2026)

BSMR vs JSML dividend yield comparison.

Year	BSMR	JSML
2026	1.12%	0.31%
2025	2.77%	0.94%
2024	2.78%	1.19%
2023	2.72%	0.49%
2022	1.40%	0.67%
2021	1.00%	0.46%
2020	1.49%	0.30%
2019	0.45%	0.27%
2018	0.00%	0.76%
2017	0.00%	0.42%
2016	0.00%	0.52%