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BSJN vs. IHYAX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BSJN and IHYAX is 0.47, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

BSJN vs. IHYAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco BulletShares 2023 High Yield Corporate Bond ETF (BSJN) and Voya High Yield Bond Fund (IHYAX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Returns By Period


BSJN

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

IHYAX

YTD

1.12%

1M

2.53%

6M

1.19%

1Y

7.10%

5Y*

4.54%

10Y*

3.74%

*Annualized

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BSJN vs. IHYAX - Expense Ratio Comparison

BSJN has a 0.42% expense ratio, which is lower than IHYAX's 1.04% expense ratio.


Risk-Adjusted Performance

BSJN vs. IHYAX — Risk-Adjusted Performance Rank

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

BSJN

IHYAX
The Risk-Adjusted Performance Rank of IHYAX is 9393
Overall Rank
The Sharpe Ratio Rank of IHYAX is 9292
Sharpe Ratio Rank
The Sortino Ratio Rank of IHYAX is 9292
Sortino Ratio Rank
The Omega Ratio Rank of IHYAX is 9292
Omega Ratio Rank
The Calmar Ratio Rank of IHYAX is 9494
Calmar Ratio Rank
The Martin Ratio Rank of IHYAX is 9393
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

BSJN vs. IHYAX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2023 High Yield Corporate Bond ETF (BSJN) and Voya High Yield Bond Fund (IHYAX). 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.



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Dividends

BSJN vs. IHYAX - Dividend Comparison

BSJN has not paid dividends to shareholders, while IHYAX's dividend yield for the trailing twelve months is around 5.86%.


TTM20242023202220212020201920182017201620152014
BSJN
Invesco BulletShares 2023 High Yield Corporate Bond ETF
0.00%0.00%4.80%4.16%3.60%4.67%5.38%5.58%4.97%4.72%1.05%0.00%
IHYAX
Voya High Yield Bond Fund
5.86%6.41%6.47%5.34%4.82%5.01%5.18%5.65%5.20%5.17%5.54%5.44%

Drawdowns

BSJN vs. IHYAX - Drawdown Comparison


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Volatility

BSJN vs. IHYAX - Volatility Comparison


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