BSJR vs. IBHG
Compare and contrast key facts about Invesco BulletShares 2027 High Yield Corporate Bond ETF (BSJR) and iShares iBonds 2027 Term High Yield and Income ETF (IBHG).
BSJR and IBHG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BSJR is a passively managed fund by Invesco that tracks the performance of the NASDAQ BulletShares USD High Yield Corporate Bond 2027 Index. It was launched on Sep 12, 2019. IBHG is a passively managed fund by iShares that tracks the performance of the Bloomberg 2027 Term High Yield and Income Index - Benchmark TR Gross. It was launched on Jul 7, 2021. Both BSJR and IBHG 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: BSJR or IBHG.
Correlation
The correlation between BSJR and IBHG is 0.87, 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
BSJR vs. IBHG - Performance Comparison
Key characteristics
BSJR:
2.14
IBHG:
2.05
BSJR:
3.17
IBHG:
3.10
BSJR:
1.40
IBHG:
1.38
BSJR:
3.84
IBHG:
4.34
BSJR:
16.13
IBHG:
17.60
BSJR:
0.46%
IBHG:
0.43%
BSJR:
3.46%
IBHG:
3.69%
BSJR:
-22.58%
IBHG:
-13.85%
BSJR:
-0.66%
IBHG:
-0.45%
Returns By Period
The year-to-date returns for both investments are quite close, with BSJR having a 7.17% return and IBHG slightly higher at 7.42%.
BSJR
7.17%
-0.04%
4.80%
6.95%
3.11%
N/A
IBHG
7.42%
0.29%
4.79%
7.14%
N/A
N/A
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BSJR vs. IBHG - Expense Ratio Comparison
BSJR has a 0.42% expense ratio, which is higher than IBHG's 0.35% expense ratio.
Risk-Adjusted Performance
BSJR vs. IBHG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2027 High Yield Corporate Bond ETF (BSJR) and iShares iBonds 2027 Term High Yield and Income ETF (IBHG). 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
BSJR vs. IBHG - Dividend Comparison
BSJR's dividend yield for the trailing twelve months is around 6.15%, less than IBHG's 7.01% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
BSJR Invesco BulletShares 2027 High Yield Corporate Bond ETF | 6.15% | 6.49% | 5.38% | 4.50% | 4.53% | 1.20% |
IBHG iShares iBonds 2027 Term High Yield and Income ETF | 7.01% | 6.67% | 5.62% | 2.13% | 0.00% | 0.00% |
Drawdowns
BSJR vs. IBHG - Drawdown Comparison
The maximum BSJR drawdown since its inception was -22.58%, which is greater than IBHG's maximum drawdown of -13.85%. Use the drawdown chart below to compare losses from any high point for BSJR and IBHG. For additional features, visit the drawdowns tool.
Volatility
BSJR vs. IBHG - Volatility Comparison
Invesco BulletShares 2027 High Yield Corporate Bond ETF (BSJR) and iShares iBonds 2027 Term High Yield and Income ETF (IBHG) have volatilities of 1.24% and 1.26%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.