BRHY vs. BSJO

Last updated Jun 25, 2026

BRHY (iShares High Yield Active ETF) and BSJO (Invesco BulletShares 2024 High Yield Corporate Bond ETF) are both High Yield Bonds funds. BRHY is actively managed, while BSJO is passively managed. BRHY charges 0.45%/yr vs 0.42%/yr for BSJO.

Performance

BRHY vs. BSJO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares High Yield Active ETF (BRHY) and Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BRHY

• 1D: -0.02%
• 1M: 0.38%
• YTD: 1.72%
• 6M: 1.84%
• 1Y: 6.86%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BSJO

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BRHY vs. BSJO - Yearly Performance Comparison

	2026 (YTD)
BRHY iShares High Yield Active ETF	1.36%
BSJO Invesco BulletShares 2024 High Yield Corporate Bond ETF	0.00%

Return for Risk

BRHY vs. BSJO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BRHY

BRHY Risk / Return Rank: 74
BRHY Sharpe Ratio Rank: 77
BRHY Sortino Ratio Rank: 82
BRHY Omega Ratio Rank: 82
BRHY Calmar Ratio Rank: 58
BRHY Martin Ratio Rank: 71

BSJO

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BRHY vs. BSJO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares High Yield Active ETF (BRHY) and Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO). 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.

	BRHY	BSJO	Difference
Sharpe ratio: Return per unit of total volatility	2.14	—	—
Sortino ratio: Return per unit of downside risk	3.17	—	—
Omega ratio: Gain probability vs. loss probability	1.42	—	—
Calmar ratio: Return relative to maximum drawdown	2.49	—	—
Martin ratio: Return relative to average drawdown	11.43	—	—

Drawdowns

BRHY vs. BSJO - Drawdown Comparison

The maximum BRHY drawdown since its inception was -4.42%, which is greater than BSJO's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for BRHY and BSJO.

Drawdown Indicators

	BRHY	BSJO	Difference
Max Drawdown Largest peak-to-trough decline	-4.42%	0.00%	-4.42%
Max Drawdown (1Y) Largest decline over 1 year	-2.76%	—	—
Current Drawdown Current decline from peak	-0.37%	0.00%	-0.37%
Average Drawdown Average peak-to-trough decline	-0.39%	0.00%	-0.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.60%	—	—

Volatility

Volatility by Period

	BRHY	BSJO	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.08%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.53%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.23%	0.00%	+3.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.01%	0.00%	+4.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.01%	0.00%	+4.01%

BRHY vs. BSJO - Expense Ratio Comparison

BRHY has a 0.45% expense ratio, which is higher than BSJO's 0.42% expense ratio.

Dividends

BRHY vs. BSJO - Dividend Comparison

BRHY's dividend yield for the trailing twelve months is around 7.85%, while BSJO has not paid dividends to shareholders.

Position	TTM	2025	2024
BRHY iShares High Yield Active ETF	7.85%	7.97%	4.27%
BSJO Invesco BulletShares 2024 High Yield Corporate Bond ETF	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, BRHY or BSJO?

On fees, BSJO is cheaper at 0.42% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BRHY or BSJO?

BSJO is cheaper with a 0.42% expense ratio, compared with 0.45% for BRHY.

Which ETF pays a higher dividend yield, BRHY or BSJO?

BRHY has the higher dividend yield at 7.85%, compared with 0.00% for BSJO.

What is the main difference between BRHY and BSJO?

They also come from different issuers: iShares and Invesco. Their fees differ too: 0.45% for BRHY and 0.42% for BSJO.