BSJO vs. HYGH
Compare and contrast key facts about Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO) and iShares Interest Rate Hedged High Yield Bond ETF (HYGH).
BSJO and HYGH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BSJO is a passively managed fund by Invesco that tracks the performance of the NASDAQ BulletShares USD High Yield Corporate Bond 2024 TR Index. It was launched on Sep 14, 2016. HYGH is an actively managed fund by iShares. It was launched on May 27, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BSJO or HYGH.
Correlation
The correlation between BSJO and HYGH is 0.69, 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
BSJO vs. HYGH - Performance Comparison
Key characteristics
Returns By Period
BSJO
N/A
N/A
N/A
N/A
N/A
N/A
HYGH
1.15%
1.71%
6.25%
11.71%
6.05%
5.29%
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BSJO vs. HYGH - Expense Ratio Comparison
BSJO has a 0.42% expense ratio, which is lower than HYGH's 0.53% expense ratio.
Risk-Adjusted Performance
BSJO vs. HYGH — Risk-Adjusted Performance Rank
BSJO
HYGH
BSJO vs. HYGH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO) and iShares Interest Rate Hedged High Yield Bond ETF (HYGH). 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.
Dividends
BSJO vs. HYGH - Dividend Comparison
BSJO has not paid dividends to shareholders, while HYGH's dividend yield for the trailing twelve months is around 7.76%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BSJO Invesco BulletShares 2024 High Yield Corporate Bond ETF | 4.88% | 5.38% | 6.05% | 4.89% | 4.05% | 4.51% | 5.11% | 5.69% | 4.69% | 1.39% | 0.00% | 0.00% |
HYGH iShares Interest Rate Hedged High Yield Bond ETF | 7.76% | 7.85% | 8.95% | 6.21% | 3.74% | 4.06% | 4.89% | 6.45% | 4.79% | 4.59% | 5.74% | 3.62% |
Drawdowns
BSJO vs. HYGH - Drawdown Comparison
Volatility
BSJO vs. HYGH - Volatility Comparison
The current volatility for Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO) is 0.00%, while iShares Interest Rate Hedged High Yield Bond ETF (HYGH) has a volatility of 1.10%. This indicates that BSJO experiences smaller price fluctuations and is considered to be less risky than HYGH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.