BSJO vs. IBHE

Last updated Apr 1, 2026

Compare and contrast key facts about Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO) and iShares iBonds 2025 Term High Yield & Income ETF (IBHE).

BSJO and IBHE 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. IBHE is a passively managed fund by iShares that tracks the performance of the Bloomberg 2025 Term High Yield and Income Index. It was launched on May 7, 2019. Both BSJO and IBHE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

BSJO vs. IBHE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO) and iShares iBonds 2025 Term High Yield & Income ETF (IBHE). The values are adjusted to include any dividend payments, if applicable.

BSJO vs. IBHE - Yearly Performance Comparison

	2026 (YTD)
BSJO Invesco BulletShares 2024 High Yield Corporate Bond ETF	0.00%
IBHE iShares iBonds 2025 Term High Yield & Income ETF	0.00%

Returns By Period

BSJO

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

IBHE

• 1D: 0.00%
• 1M: 0.00%
• YTD: 0.00%
• 6M: 0.86%
• 1Y: 3.31%
• 3Y*: 6.40%
• 5Y*: 4.09%
• 10Y*: —

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

BSJO vs. IBHE - Expense Ratio Comparison

BSJO has a 0.42% expense ratio, which is higher than IBHE's 0.35% expense ratio.

BSJO

Invesco BulletShares 2024 High Yield Corporate Bond ETF

IBHE

iShares iBonds 2025 Term High Yield & Income ETF

Return for Risk

BSJO vs. IBHE — Risk / Return Rank

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

IBHE

IBHE Risk / Return Rank: 98
IBHE Sharpe Ratio Rank: 97
IBHE Sortino Ratio Rank: 98
IBHE Omega Ratio Rank: 98
IBHE Calmar Ratio Rank: 98
IBHE Martin Ratio Rank: 99

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.

BSJO vs. IBHE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO) and iShares iBonds 2025 Term High Yield & Income ETF (IBHE). 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.

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

Sharpe Ratios by Period

	BSJO	IBHE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.96	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.87	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.41	—

Dividends

BSJO vs. IBHE - Dividend Comparison

BSJO has not paid dividends to shareholders, while IBHE's dividend yield for the trailing twelve months is around 3.60%.

	TTM	2025	2024	2023	2022	2021	2020	2019
BSJO Invesco BulletShares 2024 High Yield Corporate Bond ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IBHE iShares iBonds 2025 Term High Yield & Income ETF	3.60%	4.53%	6.92%	7.17%	5.77%	4.84%	5.74%	3.73%

Drawdowns

BSJO vs. IBHE - Drawdown Comparison

The maximum BSJO drawdown since its inception was 0.00%, smaller than the maximum IBHE drawdown of -26.91%. Use the drawdown chart below to compare losses from any high point for BSJO and IBHE.

Drawdown Indicators

	BSJO	IBHE	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-26.91%	+26.91%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.73%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-8.51%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	0.00%	-1.46%	+1.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.08%	—

Volatility

Volatility by Period

	BSJO	IBHE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.00%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.49%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	1.33%	-1.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	4.90%	-4.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	11.68%	-11.68%