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GTOQ vs BLV

Invesco High Yield Systematic Bond ETF vs Vanguard Long-Term Bond Fund

GTOQ

Invesco High Yield Systematic Bond ETF

Annual cost

0.39%

Fund size

$162M

BLV

Vanguard Long-Term Bond Fund

Annual cost

0.03%

Fund size

$8.5B

Key differences

  • BLV costs 0.36% less per year.
  • BLV is significantly larger than GTOQ — larger funds tend to be more liquid and less likely to close.
  • GTOQ is classified as alternative, while BLV is fixed income — different risk/return profiles.
  • GTOQ follows a multi strategy strategy; BLV uses index tracking.
  • Over the last 3 years, GTOQ has delivered higher annualized returns.
  • BLV has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

GTOQBLV
Annual cost (TER)0.39%0.03%
Fund size (AUM)$162M$8.5B
Since20202006
Dividend yield6.92%4.77%
Asset classalternativefixed income
Regionnorth americanorth america
Strategymulti strategyindex tracking
CAGR 1Y+8.6%+7.6%
CAGR 3Y+9.4%+2.4%
CAGR 5Y+4.1%-2.9%
Sharpe 3Y1.16-0.05
Volatility 1Y3.69%8.32%
Max drawdown-15.96%-38.29%

Similar to GTOQ and BLV