AOHY vs. BSJP
Compare and contrast key facts about Angel Oak High Yield Opportunities ETF (AOHY) and Invesco BulletShares 2025 High Yield Corporate Bond ETF (BSJP).
AOHY and BSJP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AOHY is an actively managed fund by Angel Oak. It was launched on Mar 31, 2009. BSJP is a passively managed fund by Invesco that tracks the performance of the NASDAQ BulletShares USD High Yield Corporate Bond 2025 TR Index. It was launched on Sep 27, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AOHY or BSJP.
Key characteristics
| AOHY | BSJP | |
|---|---|---|
| Daily Std Dev | 2.98% | 2.40% |
| Max Drawdown | -1.64% | -23.58% |
| Current Drawdown | 0.00% | -0.09% |
Correlation
The correlation between AOHY and BSJP is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
AOHY vs. BSJP - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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AOHY vs. BSJP - Expense Ratio Comparison
AOHY has a 0.55% expense ratio, which is higher than BSJP's 0.42% expense ratio.
Risk-Adjusted Performance
AOHY vs. BSJP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Angel Oak High Yield Opportunities ETF (AOHY) and Invesco BulletShares 2025 High Yield Corporate Bond ETF (BSJP). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Not enough dataDividends
AOHY vs. BSJP - Dividend Comparison
AOHY's dividend yield for the trailing twelve months is around 3.73%, less than BSJP's 6.36% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
AOHY Angel Oak High Yield Opportunities ETF | 3.73% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BSJP Invesco BulletShares 2025 High Yield Corporate Bond ETF | 6.36% | 7.07% | 5.37% | 4.27% | 4.96% | 5.49% | 5.84% | 1.32% |
Drawdowns
AOHY vs. BSJP - Drawdown Comparison
The maximum AOHY drawdown since its inception was -1.64%, smaller than the maximum BSJP drawdown of -23.58%. Use the drawdown chart below to compare losses from any high point for AOHY and BSJP. For additional features, visit the drawdowns tool.
Volatility
AOHY vs. BSJP - Volatility Comparison
Angel Oak High Yield Opportunities ETF (AOHY) has a higher volatility of 0.69% compared to Invesco BulletShares 2025 High Yield Corporate Bond ETF (BSJP) at 0.62%. This indicates that AOHY's price experiences larger fluctuations and is considered to be riskier than BSJP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.