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. A 0.79 correlation means they provide meaningful diversification when combined. 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
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SHYG
- 1D
- 0.28%
- 1M
- 0.63%
- YTD
- 1.89%
- 6M
- 2.20%
- 1Y
- 6.62%
- 3Y*
- 8.07%
- 5Y*
- 4.90%
- 10Y*
- 5.21%
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 | 1.89% | 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 0.00, 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 (1Y) Calculated over the trailing 1-year period | 0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.62 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.81 |
Correlation (All Time) Calculated using the full available price history since Sep 27, 2017 | 0.79 |
Over the past year, the correlation between BSJP and SHYG has dropped to 0.00 - well below their long-term average of 0.79, suggesting their price drivers have been diverging.
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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 | — | 1.42 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.80 | — |
| Martin ratioReturn relative to average drawdown | — | 16.45 | — |
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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 | — | 0.00% | — |
Average DrawdownAverage peak-to-trough decline | — | -1.44% | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.40% | — |
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 | — | 0.97% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 2.58% | — |
Volatility (1Y)Calculated over the trailing 1-year period | — | 3.21% | — |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | — | 5.74% | — |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | — | 6.42% | — |
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 2.26%, less than SHYG's 6.99% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.00% | 0.00% |
SHYG iShares 0-5 Year High Yield Corporate Bond ETF | 6.99% | 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 0.00, 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 6.99%, compared with 2.26% 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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