BSJP vs. NHYB

Last updated Jun 25, 2026

BSJP (Invesco BulletShares 2025 High Yield Corporate Bond ETF) and NHYB (Nuveen High Yield Corporate Bond ETF) are both High Yield Bonds funds - BSJP tracks the NASDAQ BulletShares USD High Yield Corporate Bond 2025 TR Index while NHYB tracks the ICE BofA BB-B US Cash Pay High Yield Constrained Index. Both are passively managed. At a correlation of -0.02, they often move in opposite directions. BSJP charges 0.42%/yr vs 0.08%/yr for NHYB.

Performance

BSJP vs. NHYB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco BulletShares 2025 High Yield Corporate Bond ETF (BSJP) and Nuveen High Yield Corporate Bond ETF (NHYB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BSJP

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

NHYB

• 1D: 0.02%
• 1M: 0.54%
• YTD: 1.93%
• 6M: 1.85%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BSJP vs. NHYB - Yearly Performance Comparison

	2026 (YTD)	2025
BSJP Invesco BulletShares 2025 High Yield Corporate Bond ETF	0.00%	0.75%
NHYB Nuveen High Yield Corporate Bond ETF	1.93%	1.24%

Correlation

The correlation between BSJP and NHYB is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 24, 2025	-0.02

Return for Risk

BSJP vs. NHYB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2025 High Yield Corporate Bond ETF (BSJP) and Nuveen High Yield Corporate Bond ETF (NHYB). 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.

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

Drawdowns

Drawdown Indicators

	BSJP	NHYB	Difference
Max Drawdown Largest peak-to-trough decline	—	-2.40%	—
Current Drawdown Current decline from peak	—	-0.18%	—
Average Drawdown Average peak-to-trough decline	—	-0.36%	—

Volatility

Volatility by Period

	BSJP	NHYB	Difference
Volatility (1Y) Calculated over the trailing 1-year period	—	3.63%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	3.63%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	3.63%	—

BSJP vs. NHYB - Expense Ratio Comparison

BSJP has a 0.42% expense ratio, which is higher than NHYB's 0.08% expense ratio.

Dividends

BSJP vs. NHYB - Dividend Comparison

BSJP's dividend yield for the trailing twelve months is around 1.89%, less than NHYB's 4.24% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
BSJP Invesco BulletShares 2025 High Yield Corporate Bond ETF	1.89%	4.50%	6.25%	7.07%	5.37%	4.27%	4.96%	5.49%	5.84%	1.32%
NHYB Nuveen High Yield Corporate Bond ETF	4.24%	1.28%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BSJP and NHYB in my portfolio?

BSJP and NHYB have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BSJP or NHYB?

On fees, NHYB is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BSJP or NHYB?

NHYB is cheaper with a 0.08% expense ratio, compared with 0.42% for BSJP.

Which ETF pays a higher dividend yield, BSJP or NHYB?

NHYB has the higher dividend yield at 4.24%, compared with 1.89% for BSJP.

What is the main difference between BSJP and NHYB?

BSJP tracks NASDAQ BulletShares USD High Yield Corporate Bond 2025 TR Index, while NHYB tracks ICE BofA BB-B US Cash Pay High Yield Constrained Index. They also come from different issuers: Invesco and Nuveen. Their fees differ too: 0.42% for BSJP and 0.08% for NHYB.