BHYB vs. BSJR
BHYB (Xtrackers USD High Yield BB-B ex Financials ETF) and BSJR (Invesco BulletShares 2027 High Yield Corporate Bond ETF) are both High Yield Bonds funds - BHYB tracks the ICE BofA BB-B Non-FNCL Non-Distressed US HY Constrained Index - Benchmark TR Gross while BSJR tracks the NASDAQ BulletShares USD High Yield Corporate Bond 2027 Index. Both are passively managed. Over the past year, BHYB returned 6.43% vs 4.44% for BSJR. Their correlation of 0.89 suggests significant overlap in exposure. BHYB charges 0.20%/yr vs 0.42%/yr for BSJR.
Performance
BHYB vs. BSJR - Performance Comparison
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Returns By Period
In the year-to-date period, BHYB achieves a 2.08% return, which is significantly higher than BSJR's 1.46% return.
BHYB
- 1D
- 0.07%
- 1M
- 0.45%
- YTD
- 2.08%
- 6M
- 2.05%
- 1Y
- 6.43%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BSJR
- 1D
- 0.04%
- 1M
- 0.24%
- YTD
- 1.46%
- 6M
- 1.49%
- 1Y
- 4.44%
- 3Y*
- 8.02%
- 5Y*
- 3.28%
- 10Y*
- —
BHYB vs. BSJR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
BHYB Xtrackers USD High Yield BB-B ex Financials ETF | 2.08% | 8.90% | 6.44% | 8.23% |
BSJR Invesco BulletShares 2027 High Yield Corporate Bond ETF | 1.46% | 7.41% | 7.15% | 7.35% |
Correlation
The correlation between BHYB and BSJR is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.81 |
Correlation (All Time) Calculated using the full available price history since Oct 27, 2023 | 0.89 |
The correlation between BHYB and BSJR has been stable across timeframes, ranging from 0.81 to 0.89 - a consistent structural relationship.
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Return for Risk
BHYB vs. BSJR — Risk / Return Rank
BHYB
BSJR
BHYB vs. BSJR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers USD High Yield BB-B ex Financials ETF (BHYB) and Invesco BulletShares 2027 High Yield Corporate Bond ETF (BSJR). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BHYB | BSJR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.27 | ||
| Sortino ratioReturn per unit of downside risk | -0.35 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.43 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.84 | 3.83 | -0.99 |
| Martin ratioReturn relative to average drawdown | 12.97 | 17.49 | -4.52 |
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Drawdowns
BHYB vs. BSJR - Drawdown Comparison
The maximum BHYB drawdown since its inception was -4.23%, smaller than the maximum BSJR drawdown of -22.58%. Use the drawdown chart below to compare losses from any high point for BHYB and BSJR.
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Drawdown Indicators
| BHYB | BSJR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.23% | -22.58% | +18.35% |
Max Drawdown (1Y)Largest decline over 1 year | -2.27% | -1.16% | -1.11% |
Max Drawdown (3Y)Largest decline over 3 years | — | -3.15% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -16.37% | — |
Current DrawdownCurrent decline from peak | -0.09% | -0.02% | -0.07% |
Average DrawdownAverage peak-to-trough decline | -0.39% | -3.22% | +2.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.50% | 0.25% | +0.25% |
Volatility
BHYB vs. BSJR - Volatility Comparison
Xtrackers USD High Yield BB-B ex Financials ETF (BHYB) has a higher volatility of 0.86% compared to Invesco BulletShares 2027 High Yield Corporate Bond ETF (BSJR) at 0.57%. This indicates that BHYB's price experiences larger fluctuations and is considered to be riskier than BSJR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BHYB | BSJR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.86% | 0.57% | +0.29% |
Volatility (6M)Calculated over the trailing 6-month period | 2.58% | 1.50% | +1.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.43% | 2.08% | +1.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.67% | 6.74% | -2.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.67% | 9.33% | -4.66% |
BHYB vs. BSJR - Expense Ratio Comparison
BHYB has a 0.20% expense ratio, which is lower than BSJR's 0.42% expense ratio.
Dividends
BHYB vs. BSJR - Dividend Comparison
BHYB's dividend yield for the trailing twelve months is around 6.31%, more than BSJR's 5.67% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
BHYB Xtrackers USD High Yield BB-B ex Financials ETF | 6.31% | 6.57% | 7.04% | 0.75% | 0.00% | 0.00% | 0.00% | 0.00% |
BSJR Invesco BulletShares 2027 High Yield Corporate Bond ETF | 5.67% | 6.19% | 6.75% | 6.48% | 5.37% | 4.49% | 4.53% | 1.20% |
Frequently Asked Questions
BHYB and BSJR have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BHYB has higher volatility (0.86%) compared to BSJR (0.57%). In terms of maximum drawdown, BHYB dropped -4.23% vs BSJR's -22.58%.
On 1-year performance, BHYB leads with 6.43% vs 4.44% for BSJR. On fees, BHYB is cheaper at 0.20% per year. On volatility, BSJR has been the lower-risk option at 0.57%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, BHYB has performed better with a 6.43% return vs 4.44%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
BHYB is cheaper with a 0.20% expense ratio, compared with 0.42% for BSJR.
BHYB has the higher dividend yield at 6.31%, compared with 5.67% for BSJR.
BHYB tracks ICE BofA BB-B Non-FNCL Non-Distressed US HY Constrained Index - Benchmark TR Gross, while BSJR tracks NASDAQ BulletShares USD High Yield Corporate Bond 2027 Index. They also come from different issuers: Xtrackers and Invesco. Their fees differ too: 0.20% for BHYB and 0.42% for BSJR.
BSJR currently has the higher Sharpe Ratio (2.15 vs 1.88), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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