BSJP vs. SHYG
BSJP (Invesco BulletShares 2025 High Yield Corporate Bond ETF) and SHYG (iShares 0-5 Year 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 SHYG tracks the Markit iBoxx USD Liquid High Yield 0-5 Index. Both are passively managed. Their 0.79 correlation means they have sometimes moved together and sometimes differently. BSJP charges 0.42%/yr vs 0.30%/yr for SHYG.
Performance
BSJP vs. SHYG - Performance Comparison
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Returns By Period
BSJP
- 1D
- —
- 1M
- —
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
SHYG
- 1D
- 0.24%
- 1M
- -0.07%
- 6M
- 1.30%
- YTD
- 1.77%
- 1Y
- 5.05%
- 3Y*
- 7.55%
- 5Y*
- 4.80%
- 10Y*
- 5.00%
- ALL TIME*
- 4.38%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $70.31M | $63.80M | $59.28M |
BSJP vs. SHYG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BSJP Invesco BulletShares 2025 High Yield Corporate Bond ETF | 0.00% | 4.46% | 8.07% | 10.41% | -5.16% | 4.57% | 4.16% | 16.89% | -4.66% | 0.43% |
SHYG iShares 0-5 Year High Yield Corporate Bond ETF | 1.77% | 7.94% | 8.17% | 10.38% | -4.71% | 4.60% | 3.15% | 9.93% | 0.02% | 0.36% |
Correlation
The correlation between BSJP and SHYG is -0.02, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.02 |
Correlation (3Y) Balances recent behavior with more history. | 0.59 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.80 |
Correlation (All Time) Calculated using the full available price history since Sep 27, 2017 | 0.79 |
The correlation between BSJP and SHYG shifts across timeframes, from -0.02 (1 year) to 0.80 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
BSJP vs. SHYG — Risk / Return Rank
BSJP
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
SHYG
BSJP vs. SHYG - 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 iShares 0-5 Year High Yield Corporate Bond ETF (SHYG). 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.
| BSJP | SHYG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.31 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.90 | — |
| Martin ratioReturn relative to average drawdown | — | 12.43 | — |
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Drawdowns
BSJP vs. SHYG - Drawdown Comparison
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Drawdown Indicators
| BSJP | SHYG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | — | -19.26% | — |
Max Drawdown (1Y)Largest decline over 1 year | — | -1.75% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -4.53% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -9.39% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -19.26% | — |
Current DrawdownCurrent decline from peak | — | -0.33% | — |
Average DrawdownAverage peak-to-trough decline | — | -1.43% | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.41% | — |
Volatility
BSJP vs. SHYG - Volatility Comparison
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Volatility by Period
| BSJP | SHYG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.60% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 2.61% | — |
Volatility (1Y)Calculated over the trailing 1-year period | — | 3.18% | — |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | — | 5.74% | — |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | — | 6.39% | — |
BSJP vs. SHYG - Expense Ratio Comparison
BSJP has a 0.42% expense ratio, which is higher than SHYG's 0.30% expense ratio.
Dividends
BSJP vs. SHYG - Dividend Comparison
BSJP's dividend yield for the trailing twelve months is around 1.52%, less than SHYG's 7.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BSJP Invesco BulletShares 2025 High Yield Corporate Bond ETF | 1.52% | 4.50% | 6.25% | 7.07% | 5.37% | 4.27% | 4.96% | 5.49% | 5.84% | 1.32% | 0.00% | 0.00% |
SHYG iShares 0-5 Year High Yield Corporate Bond ETF | 7.02% | 7.03% | 6.93% | 6.54% | 5.57% | 4.83% | 5.07% | 5.33% | 5.90% | 5.49% | 5.53% | 5.17% |
Frequently Asked Questions
BSJP and SHYG 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.
On fees, SHYG is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SHYG is cheaper with a 0.30% expense ratio, compared with 0.42% for BSJP.
SHYG has the higher dividend yield at 7.02%, compared with 1.52% for BSJP.
BSJP tracks NASDAQ BulletShares USD High Yield Corporate Bond 2025 TR Index, while SHYG tracks Markit iBoxx USD Liquid High Yield 0-5 Index. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.42% for BSJP and 0.30% for SHYG.
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