BSJQ vs. IBHD
Compare and contrast key facts about Invesco BulletShares 2026 High Yield Corp Bond ETF (BSJQ) and iShares iBonds 2024 Term High Yield & Income ETF (IBHD).
BSJQ and IBHD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BSJQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ BulletShares USD High Yield Corporate Bond 2026 TR Index. It was launched on Aug 9, 2018. IBHD is a passively managed fund by iShares that tracks the performance of the Bloomberg 2024 Term High Yield and Income Index. It was launched on May 7, 2019. Both BSJQ and IBHD are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BSJQ or IBHD.
Correlation
The correlation between BSJQ and IBHD is 0.74, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
BSJQ vs. IBHD - Performance Comparison
Key characteristics
BSJQ:
2.70
IBHD:
4.06
BSJQ:
4.00
IBHD:
6.19
BSJQ:
1.53
IBHD:
2.09
BSJQ:
6.99
IBHD:
11.85
BSJQ:
26.52
IBHD:
76.11
BSJQ:
0.28%
IBHD:
0.08%
BSJQ:
2.79%
IBHD:
1.50%
BSJQ:
-24.15%
IBHD:
-20.11%
BSJQ:
-0.34%
IBHD:
0.00%
Returns By Period
In the year-to-date period, BSJQ achieves a 7.44% return, which is significantly higher than IBHD's 5.75% return.
BSJQ
7.44%
0.09%
4.24%
7.21%
3.31%
N/A
IBHD
5.75%
0.30%
2.92%
5.93%
3.84%
N/A
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BSJQ vs. IBHD - Expense Ratio Comparison
BSJQ has a 0.42% expense ratio, which is higher than IBHD's 0.35% expense ratio.
Risk-Adjusted Performance
BSJQ vs. IBHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2026 High Yield Corp Bond ETF (BSJQ) and iShares iBonds 2024 Term High Yield & Income ETF (IBHD). 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.
Dividends
BSJQ vs. IBHD - Dividend Comparison
BSJQ's dividend yield for the trailing twelve months is around 6.01%, more than IBHD's 5.53% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
---|---|---|---|---|---|---|---|
Invesco BulletShares 2026 High Yield Corp Bond ETF | 6.01% | 6.58% | 5.58% | 4.28% | 4.64% | 5.53% | 2.39% |
iShares iBonds 2024 Term High Yield & Income ETF | 5.53% | 6.90% | 4.90% | 4.43% | 5.49% | 3.59% | 0.00% |
Drawdowns
BSJQ vs. IBHD - Drawdown Comparison
The maximum BSJQ drawdown since its inception was -24.15%, which is greater than IBHD's maximum drawdown of -20.11%. Use the drawdown chart below to compare losses from any high point for BSJQ and IBHD. For additional features, visit the drawdowns tool.
Volatility
BSJQ vs. IBHD - Volatility Comparison
Invesco BulletShares 2026 High Yield Corp Bond ETF (BSJQ) has a higher volatility of 1.03% compared to iShares iBonds 2024 Term High Yield & Income ETF (IBHD) at 0.19%. This indicates that BSJQ's price experiences larger fluctuations and is considered to be riskier than IBHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.