BSJP vs. NVDY

Last updated Jun 4, 2026

BSJP (Invesco BulletShares 2025 High Yield Corporate Bond ETF) and NVDY (YieldMax NVDA Option Income Strategy ETF) are both exchange-traded funds - BSJP is a High Yield Bonds fund tracking the NASDAQ BulletShares USD High Yield Corporate Bond 2025 TR Index, while NVDY is a Derivative Income fund actively managed by YieldMax. BSJP is passively managed, while NVDY is actively managed. At a 0.19 correlation, their price movements are largely independent. BSJP charges 0.42%/yr vs 0.99%/yr for NVDY.

Performance

BSJP vs. NVDY - 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 YieldMax NVDA Option Income Strategy ETF (NVDY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BSJP

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

NVDY

• 1D: -2.22%
• 1M: 5.54%
• YTD: 13.06%
• 6M: 17.67%
• 1Y: 46.64%
• 3Y*: 54.54%
• 5Y*: —
• 10Y*: —

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

BSJP vs. NVDY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
BSJP Invesco BulletShares 2025 High Yield Corporate Bond ETF	0.00%	4.46%	8.07%	6.65%
NVDY YieldMax NVDA Option Income Strategy ETF	13.06%	27.38%	114.23%	42.02%

Correlation

The correlation between BSJP and NVDY is -0.19, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.19
Correlation (3Y) Calculated over the trailing 3-year period	0.18
Correlation (All Time) Calculated using the full available price history since May 12, 2023	0.19

The correlation between BSJP and NVDY shifts across timeframes, from -0.19 (1 year) to 0.19 (all time), reflecting how their relationship changes across market environments.

Return for Risk

BSJP vs. NVDY — Risk / Return Rank

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

NVDY

NVDY Risk / Return Rank: 52
NVDY Sharpe Ratio Rank: 49
NVDY Sortino Ratio Rank: 45
NVDY Omega Ratio Rank: 44
NVDY Calmar Ratio Rank: 72
NVDY Martin Ratio Rank: 52

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.

BSJP vs. NVDY - 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 YieldMax NVDA Option Income Strategy ETF (NVDY). 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

	BSJP	NVDY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.72	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	1.64	—

Drawdowns

Drawdown Indicators

	BSJP	NVDY	Difference
Max Drawdown Largest peak-to-trough decline	—	-34.08%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-12.81%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-34.08%	—
Current Drawdown Current decline from peak	—	-6.66%	—
Average Drawdown Average peak-to-trough decline	—	-6.15%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.20%	—

Volatility

Volatility by Period

	BSJP	NVDY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.46%	—
Volatility (6M) Calculated over the trailing 6-month period	—	20.68%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	27.35%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	38.24%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	38.24%	—

BSJP vs. NVDY - Expense Ratio Comparison

BSJP has a 0.42% expense ratio, which is lower than NVDY's 0.99% expense ratio.

Dividends

BSJP vs. NVDY - Dividend Comparison

BSJP's dividend yield for the trailing twelve months is around 2.26%, less than NVDY's 61.36% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
BSJP Invesco BulletShares 2025 High Yield Corporate Bond ETF	2.26%	4.50%	6.25%	7.07%	5.37%	4.27%	4.96%	5.49%	5.84%	1.32%
NVDY YieldMax NVDA Option Income Strategy ETF	61.36%	83.10%	83.65%	22.32%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BSJP and NVDY in my portfolio?

BSJP and NVDY have a correlation of -0.19, 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 NVDY?

On fees, BSJP is cheaper at 0.42% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BSJP or NVDY?

BSJP is cheaper with a 0.42% expense ratio, compared with 0.99% for NVDY.

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

NVDY has the higher dividend yield at 61.36%, compared with 2.26% for BSJP.

What is the main difference between BSJP and NVDY?

BSJP is categorized as High Yield Bonds, while NVDY is Derivative Income. They also come from different issuers: Invesco and YieldMax. Their fees differ too: 0.42% for BSJP and 0.99% for NVDY.