BSJO vs. IBHG

Last updated Jun 23, 2026

BSJO (Invesco BulletShares 2024 High Yield Corporate Bond ETF) and IBHG (iShares iBonds 2027 Term High Yield and Income ETF) are both High Yield Bonds funds - BSJO tracks the NASDAQ BulletShares USD High Yield Corporate Bond 2024 TR Index while IBHG tracks the Bloomberg 2027 Term High Yield and Income Index - Benchmark TR Gross. Both are passively managed. BSJO charges 0.42%/yr vs 0.35%/yr for IBHG.

Performance

BSJO vs. IBHG - 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 2027 Term High Yield and Income ETF (IBHG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BSJO

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

IBHG

• 1D: 0.00%
• 1M: 0.03%
• YTD: 1.17%
• 6M: 1.43%
• 1Y: 4.55%
• 3Y*: 7.63%
• 5Y*: —
• 10Y*: —

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

BSJO vs. IBHG - Yearly Performance Comparison

	2026 (YTD)
BSJO Invesco BulletShares 2024 High Yield Corporate Bond ETF	0.00%
IBHG iShares iBonds 2027 Term High Yield and Income ETF	1.17%

Return for Risk

BSJO vs. IBHG — Risk / Return Rank

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

BSJO

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

IBHG

IBHG Risk / Return Rank: 82
IBHG Sharpe Ratio Rank: 70
IBHG Sortino Ratio Rank: 80
IBHG Omega Ratio Rank: 73
IBHG Calmar Ratio Rank: 93
IBHG Martin Ratio Rank: 93

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. IBHG - 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 2027 Term High Yield and Income ETF (IBHG). 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.

	BSJO	IBHG	Difference
Sharpe ratio: Return per unit of total volatility	—	2.19	—
Sortino ratio: Return per unit of downside risk	—	3.40	—
Omega ratio: Gain probability vs. loss probability	—	1.42	—
Calmar ratio: Return relative to maximum drawdown	—	6.29	—
Martin ratio: Return relative to average drawdown	—	22.89	—

Drawdowns

BSJO vs. IBHG - Drawdown Comparison

The maximum BSJO drawdown since its inception was 0.00%, smaller than the maximum IBHG drawdown of -13.85%. Use the drawdown chart below to compare losses from any high point for BSJO and IBHG.

Drawdown Indicators

	BSJO	IBHG	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-13.85%	+13.85%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.73%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-3.39%	—
Current Drawdown Current decline from peak	0.00%	-0.02%	+0.02%
Average Drawdown Average peak-to-trough decline	0.00%	-2.64%	+2.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.20%	—

Volatility

Volatility by Period

	BSJO	IBHG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.44%	—
Volatility (6M) Calculated over the trailing 6-month period	—	1.52%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	2.09%	-2.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	6.33%	-6.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	6.33%	-6.33%

BSJO vs. IBHG - Expense Ratio Comparison

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

Dividends

BSJO vs. IBHG - Dividend Comparison

BSJO has not paid dividends to shareholders, while IBHG's dividend yield for the trailing twelve months is around 6.07%.

Position	TTM	2025	2024	2023	2022	2021
BSJO Invesco BulletShares 2024 High Yield Corporate Bond ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IBHG iShares iBonds 2027 Term High Yield and Income ETF	6.07%	6.33%	7.02%	6.66%	5.62%	2.13%

Frequently Asked Questions

Which ETF is better, BSJO or IBHG?

On fees, IBHG is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BSJO or IBHG?

IBHG is cheaper with a 0.35% expense ratio, compared with 0.42% for BSJO.

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

IBHG has the higher dividend yield at 6.07%, compared with 0.00% for BSJO.

What is the main difference between BSJO and IBHG?

BSJO tracks NASDAQ BulletShares USD High Yield Corporate Bond 2024 TR Index, while IBHG tracks Bloomberg 2027 Term High Yield and Income Index - Benchmark TR Gross. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.42% for BSJO and 0.35% for IBHG.