BSMT vs JRS

Comparison between INVESCO BULLETSHARES 2029 MUNICIPAL BOND ETF (BSMT, ETF) and Nuveen Real Estate Income Fund. (JRS, ETF).

5-Year PerformanceJRS has outperformed BSMT, delivering a return of +2.5% compared to -0.3%

BSMT vs JRS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BSMT(ETF)	JRS(ETF)
Net Assets	$271M	$263M
Expense Ratio	0.18%	N/A
Max Drawdown	17.74%	90.70%
Sharpe Ratio	0.65	0.80
5Y Beta	0.01	0.63
5Y Dividends CAGR	9.71%	2.26%

Net Assets

Winner

BSMT

$271M

JRS

$263M

Expense Ratio

BSMT

0.18%

JRS

N/A

Max Drawdown

Winner

BSMT

17.74%

JRS

90.70%

Sharpe Ratio

BSMT

0.65

Winner

JRS

0.80

5Y Beta

Winner

BSMT

0.01

JRS

0.63

5Y Dividends CAGR

Winner

BSMT

9.71%

JRS

2.26%

BSMT vs JRS - Historical Returns

Returns include dividend reinvestment.

Period	BSMT	JRS
1 month	+0.20%	+3.15%
3 months	+0.15%	+12.40%
6 months	+1.15%	+14.61%
1 year	+4.61%	+15.39%
5 years(CAGR)	-0.28%	+2.51%
10 years(CAGR)	N/A	+5.70%
Max(CAGR)	+0.94%	+7.16%

BSMT

+0.20%

Winner

JRS

+3.15%

BSMT

+0.15%

Winner

JRS

+12.40%

BSMT

+1.15%

Winner

JRS

+14.61%

BSMT

+4.61%

Winner

JRS

+15.39%

5Y(CAGR)

BSMT

-0.28%

Winner

JRS

+2.51%

10Y(CAGR)

BSMT

N/A

JRS

+5.70%

Max(CAGR)

BSMT

+0.94%

Winner

JRS

+7.16%

BSMT vs JRS - Annual Returns (2001 - 2026)

Returns include dividend reinvestment.

Year	BSMT	JRS
2026	+0.76%	+14.47%
2025	+3.62%	-1.77%
2024	+0.36%	+19.56%
2023	+5.16%	+11.22%
2022	-10.94%	-35.38%
2021	+1.42%	+66.40%
2020	+6.96%	-12.66%
2019	-0.35%	+36.83%
2018	N/A	-17.88%
2017	N/A	+11.96%
2016	N/A	+10.78%
2015	N/A	-1.20%
2014	N/A	+30.79%
2013	N/A	-3.80%
2012	N/A	+7.61%
2011	N/A	+9.22%
2010	N/A	+39.39%
2009	N/A	+79.15%
2008	N/A	-61.78%
2007	N/A	-37.28%
2006	N/A	+53.15%
2005	N/A	+5.64%
2004	N/A	+21.41%
2003	N/A	+33.64%
2002	N/A	+10.59%
2001	N/A	-0.40%

BSMT vs JRS Drawdown Comparison

The maximum drawdown for BSMT was -16.19%, occurring on Oct 31, 2022. This drawdown has not yet recovered.

The maximum drawdown for JRS was -87.70%, occurring on Mar 9, 2009. Recovery took 2329 trading sessions.

The current BSMT drawdown is -2.23%. The current JRS drawdown is -3.91%.

Rank	BSMT	JRS
#1	-16.19% Jul 19, 2021 - Oct 31, 2022	-87.70% Feb 7, 2007 - May 9, 2016
#2	-15.09% Feb 27, 2020 - Jul 23, 2020	-54.50% Feb 14, 2020 - Apr 8, 2021
#3	-3.42% Feb 11, 2021 - Jun 9, 2021	-45.52% Dec 31, 2021 - Oct 27, 2023
#4	-2.88% Aug 10, 2020 - Dec 8, 2020	-22.19% Apr 1, 2004 - Sep 2, 2004
#5	-2.14% Oct 9, 2019 - Jan 9, 2020	-21.97% Dec 29, 2017 - Feb 22, 2019
#6	-0.72% Jun 10, 2021 - Jul 6, 2021	-18.26% Sep 8, 2016 - Jun 13, 2017
#7	-0.53% Jan 6, 2021 - Jan 26, 2021	-13.95% Dec 14, 2004 - May 10, 2005
#8	-0.52% Sep 25, 2019 - Oct 9, 2019	-13.80% Sep 17, 2002 - Feb 21, 2003
#9	-0.47% Jan 31, 2020 - Feb 18, 2020	-13.60% Oct 16, 2006 - Dec 4, 2006
#10	-0.25% Jul 31, 2020 - Aug 4, 2020	-11.72% Jun 20, 2002 - Sep 6, 2002
#11	-0.15% Dec 28, 2020 - Dec 30, 2020	-10.32% Aug 3, 2005 - Jan 5, 2006
#12	-0.14% Jan 27, 2020 - Jan 31, 2020	-9.04% Sep 8, 2021 - Oct 25, 2021
#13	-0.13% Dec 21, 2020 - Dec 28, 2020	-8.15% Feb 10, 2004 - Mar 5, 2004
#14	-0.13% Aug 4, 2020 - Aug 10, 2020	-8.01% Nov 4, 2004 - Dec 1, 2004
#15	-0.10% Jul 28, 2020 - Jul 31, 2020	-7.93% Jul 14, 2003 - Sep 18, 2003

Correlation

Correlation between BSMT and JRS is 0.40 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.40

-101

Dividend Comparison (2002 - 2026)

BSMT vs JRS dividend yield comparison.

Year	BSMT	JRS
2026	1.13%	2.00%
2025	2.78%	8.88%
2024	2.80%	7.88%
2023	2.62%	8.70%
2022	1.65%	11.06%
2021	1.31%	5.93%
2020	1.82%	9.00%
2019	0.48%	7.16%
2018	0.00%	9.99%
2017	0.00%	8.88%
2016	0.00%	9.10%
2015	0.00%	9.04%
2014	0.00%	7.83%
2013	0.00%	9.93%
2012	0.00%	8.78%
2011	0.00%	8.72%
2010	0.00%	8.70%
2009	0.00%	11.51%
2008	0.00%	35.31%
2007	0.00%	16.75%
2006	0.00%	6.90%
2005	0.00%	8.30%
2004	0.00%	7.04%
2003	0.00%	7.37%
2002	0.00%	9.23%