BSJQ vs. VGHY
BSJQ (Invesco BulletShares 2026 High Yield Corp Bond ETF) and VGHY (Vanguard High-Yield Active ETF) are both High Yield Bonds funds. BSJQ is passively managed, while VGHY is actively managed. A 0.57 correlation means they provide meaningful diversification when combined. BSJQ charges 0.42%/yr vs 0.22%/yr for VGHY.
Performance
BSJQ vs. VGHY - Performance Comparison
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Returns By Period
In the year-to-date period, BSJQ achieves a 1.02% return, which is significantly lower than VGHY's 1.65% return.
BSJQ
- 1D
- -0.04%
- 1M
- -0.18%
- YTD
- 1.02%
- 6M
- 1.08%
- 1Y
- 4.03%
- 3Y*
- 7.01%
- 5Y*
- 3.65%
- 10Y*
- —
VGHY
- 1D
- -0.03%
- 1M
- 0.34%
- YTD
- 1.65%
- 6M
- 1.76%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BSJQ vs. VGHY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BSJQ Invesco BulletShares 2026 High Yield Corp Bond ETF | 1.02% | 1.27% |
VGHY Vanguard High-Yield Active ETF | 1.65% | 1.77% |
Correlation
The correlation between BSJQ and VGHY is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 17, 2025 | 0.57 |
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Return for Risk
BSJQ vs. VGHY — Risk / Return Rank
BSJQ
VGHY
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
BSJQ vs. VGHY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2026 High Yield Corp Bond ETF (BSJQ) and Vanguard High-Yield Active ETF (VGHY). 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.
| BSJQ | VGHY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.66 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 7.48 | — | — |
| Martin ratioReturn relative to average drawdown | 30.02 | — | — |
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Drawdowns
BSJQ vs. VGHY - Drawdown Comparison
The maximum BSJQ drawdown since its inception was -24.13%, which is greater than VGHY's maximum drawdown of -2.66%. Use the drawdown chart below to compare losses from any high point for BSJQ and VGHY.
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Drawdown Indicators
| BSJQ | VGHY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.13% | -2.66% | -21.47% |
Max Drawdown (1Y)Largest decline over 1 year | -0.54% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -2.66% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -11.95% | — | — |
Current DrawdownCurrent decline from peak | -0.27% | -0.15% | -0.12% |
Average DrawdownAverage peak-to-trough decline | -2.15% | -0.43% | -1.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.13% | — | — |
Volatility
BSJQ vs. VGHY - Volatility Comparison
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Volatility by Period
| BSJQ | VGHY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.61% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 1.01% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 1.35% | 4.23% | -2.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.73% | 4.23% | +1.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.41% | 4.23% | +4.18% |
BSJQ vs. VGHY - Expense Ratio Comparison
BSJQ has a 0.42% expense ratio, which is higher than VGHY's 0.22% expense ratio.
Dividends
BSJQ vs. VGHY - Dividend Comparison
BSJQ's dividend yield for the trailing twelve months is around 5.79%, more than VGHY's 3.97% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
BSJQ Invesco BulletShares 2026 High Yield Corp Bond ETF | 5.79% | 6.10% | 6.58% | 6.58% | 5.58% | 4.27% | 4.64% | 4.59% | 2.39% |
VGHY Vanguard High-Yield Active ETF | 3.97% | 1.49% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
BSJQ and VGHY have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, VGHY is cheaper at 0.22% per year. The better choice depends on whether you care most about return, fees, risk, or income.
VGHY is cheaper with a 0.22% expense ratio, compared with 0.42% for BSJQ.
BSJQ has the higher dividend yield at 5.79%, compared with 3.97% for VGHY.
They also come from different issuers: Invesco and Vanguard. Their fees differ too: 0.42% for BSJQ and 0.22% for VGHY.
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