BIPS.L vs. FAHY.L
BIPS.L (Invesco Bond Income Plus Limited) is a stock, while FAHY.L (Invesco US High Yield Fallen Angels UCITS ETF Dist) is High Yield Bonds fund tracking the Bloomberg US Corporate High Yield TR USD. Over the past 5 years, BIPS.L returned 5.81%/yr vs 3.70%/yr for FAHY.L. At a 0.07 correlation, their price movements are largely independent.
Performance
BIPS.L vs. FAHY.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BIPS.L achieves a 3.29% return, which is significantly lower than FAHY.L's 3.72% return.
BIPS.L
- 1D
- 0.29%
- 1M
- 1.45%
- YTD
- 3.29%
- 6M
- 2.99%
- 1Y
- 8.24%
- 3Y*
- 9.82%
- 5Y*
- 5.81%
- 10Y*
- 6.42%
FAHY.L
- 1D
- 0.54%
- 1M
- 3.35%
- YTD
- 3.72%
- 6M
- 4.33%
- 1Y
- 10.21%
- 3Y*
- 6.88%
- 5Y*
- 3.70%
- 10Y*
- —
BIPS.L vs. FAHY.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BIPS.L Invesco Bond Income Plus Limited | 3.29% | 8.04% | 8.84% | 10.52% | -5.13% | 4.18% | 1.80% | 18.73% | -7.60% | 9.93% |
FAHY.L Invesco US High Yield Fallen Angels UCITS ETF Dist | 3.72% | 2.09% | 6.93% | 4.14% | -3.51% | 6.81% | 5.36% | 9.22% | 0.08% | -0.79% |
Correlation
The correlation between BIPS.L and FAHY.L is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Sep 1, 2016 | 0.07 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BIPS.L vs. FAHY.L — Risk / Return Rank
BIPS.L
FAHY.L
BIPS.L vs. FAHY.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Bond Income Plus Limited (BIPS.L) and Invesco US High Yield Fallen Angels UCITS ETF Dist (FAHY.L). 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.
| BIPS.L | FAHY.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.08 | ||
| Sortino ratioReturn per unit of downside risk | -0.25 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.30 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 3.04 | 2.57 | +0.47 |
| Martin ratioReturn relative to average drawdown | 11.19 | 6.71 | +4.48 |
Loading charts...
Drawdowns
BIPS.L vs. FAHY.L - Drawdown Comparison
The maximum BIPS.L drawdown since its inception was -50.42%, which is greater than FAHY.L's maximum drawdown of -25.87%. Use the drawdown chart below to compare losses from any high point for BIPS.L and FAHY.L.
Loading charts...
Drawdown Indicators
| BIPS.L | FAHY.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.42% | -25.87% | -24.55% |
Max Drawdown (1Y)Largest decline over 1 year | -2.70% | -3.99% | +1.29% |
Max Drawdown (3Y)Largest decline over 3 years | -4.72% | -9.89% | +5.17% |
Max Drawdown (5Y)Largest decline over 5 years | -23.39% | -11.66% | -11.73% |
Max Drawdown (10Y)Largest decline over 10 years | -38.38% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -5.20% | -8.00% | +2.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.73% | 1.53% | -0.80% |
Volatility
BIPS.L vs. FAHY.L - Volatility Comparison
The current volatility for Invesco Bond Income Plus Limited (BIPS.L) is 1.21%, while Invesco US High Yield Fallen Angels UCITS ETF Dist (FAHY.L) has a volatility of 1.96%. This indicates that BIPS.L experiences smaller price fluctuations and is considered to be less risky than FAHY.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BIPS.L | FAHY.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.21% | 1.96% | -0.75% |
Volatility (6M)Calculated over the trailing 6-month period | 3.86% | 4.47% | -0.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.02% | 6.00% | -0.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.61% | 8.29% | +9.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.14% | 12.65% | +6.49% |
Dividends
BIPS.L vs. FAHY.L - Dividend Comparison
BIPS.L's dividend yield for the trailing twelve months is around 7.02%, more than FAHY.L's 6.45% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BIPS.L Invesco Bond Income Plus Limited | 7.02% | 7.00% | 6.61% | 6.73% | 6.70% | 5.61% | 5.27% | 5.08% | 5.71% | 5.01% | 5.24% | 5.53% |
FAHY.L Invesco US High Yield Fallen Angels UCITS ETF Dist | 6.45% | 6.61% | 6.89% | 6.85% | 5.66% | 4.54% | 6.26% | 6.22% | 6.01% | 5.63% | 1.23% | 0.00% |
Frequently Asked Questions
BIPS.L and FAHY.L have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Find the right allocation for BIPS.L and FAHY.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer