BSJO vs. SPHQ

Last updated Jul 12, 2026

BSJO (Invesco BulletShares 2024 High Yield Corporate Bond ETF) and SPHQ (Invesco S&P 500 Quality ETF) are both exchange-traded funds - BSJO is a High Yield Bonds fund tracking the NASDAQ BulletShares USD High Yield Corporate Bond 2024 TR Index, while SPHQ is a S&P 500 fund tracking the S&P 500 Quality Index. Both are passively managed. BSJO charges 0.42%/yr vs 0.15%/yr for SPHQ.

Performance

BSJO vs. SPHQ - 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 Invesco S&P 500 Quality ETF (SPHQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BSJO

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

SPHQ

• 1D: 0.41%
• 1M: 1.15%
• 6M: 14.62%
• YTD: 18.13%
• 1Y: 25.28%
• 3Y*: 22.00%
• 5Y*: 13.90%
• 10Y*: 15.00%

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

BSJO vs. SPHQ - Yearly Performance Comparison

	2026 (YTD)
BSJO Invesco BulletShares 2024 High Yield Corporate Bond ETF	0.00%
SPHQ Invesco S&P 500 Quality ETF	13.79%

Return for Risk

BSJO vs. SPHQ — 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.

SPHQ

SPHQ Risk / Return Rank: 68
SPHQ Sharpe Ratio Rank: 66
SPHQ Sortino Ratio Rank: 66
SPHQ Omega Ratio Rank: 62
SPHQ Calmar Ratio Rank: 68
SPHQ Martin Ratio Rank: 76

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. SPHQ - 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 Invesco S&P 500 Quality ETF (SPHQ). 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	SPHQ	Difference
Sharpe ratio: Return per unit of total volatility	—	1.72	—
Sortino ratio: Return per unit of downside risk	—	2.44	—
Omega ratio: Gain probability vs. loss probability	—	1.30	—
Calmar ratio: Return relative to maximum drawdown	—	2.73	—
Martin ratio: Return relative to average drawdown	—	11.39	—

Drawdowns

Drawdown Indicators

	BSJO	SPHQ	Difference
Max Drawdown Largest peak-to-trough decline	—	-57.83%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-8.90%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-16.57%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.04%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-31.60%	—
Current Drawdown Current decline from peak	—	-2.20%	—
Average Drawdown Average peak-to-trough decline	—	-10.66%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.13%	—

Volatility

Volatility by Period

	BSJO	SPHQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.00%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.05%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	14.14%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	16.70%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	17.93%	—

BSJO vs. SPHQ - Expense Ratio Comparison

BSJO has a 0.42% expense ratio, which is higher than SPHQ's 0.15% expense ratio.

Dividends

BSJO vs. SPHQ - Dividend Comparison

BSJO has not paid dividends to shareholders, while SPHQ's dividend yield for the trailing twelve months is around 1.06%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%	0.00%	0.00%	0.00%	0.00%
SPHQ Invesco S&P 500 Quality ETF	1.06%	1.09%	1.15%	1.42%	1.85%	1.19%	1.55%	1.51%	1.85%	1.57%	1.67%	2.29%

Frequently Asked Questions

Which ETF is better, BSJO or SPHQ?

On fees, SPHQ is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BSJO or SPHQ?

SPHQ is cheaper with a 0.15% expense ratio, compared with 0.42% for BSJO.

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

SPHQ has the higher dividend yield at 1.06%, compared with 0.00% for BSJO.

What is the main difference between BSJO and SPHQ?

BSJO is categorized as High Yield Bonds, while SPHQ is S&P 500. BSJO tracks NASDAQ BulletShares USD High Yield Corporate Bond 2024 TR Index, while SPHQ tracks S&P 500 Quality Index. Their fees differ too: 0.42% for BSJO and 0.15% for SPHQ.