BSJR vs. MHY
BSJR (Invesco BulletShares 2027 High Yield Corporate Bond ETF) and MHY (Man Active High Yield ETF) are both High Yield Bonds funds. BSJR is passively managed, while MHY is actively managed. A 0.61 correlation means they provide meaningful diversification when combined. BSJR charges 0.42%/yr vs 0.69%/yr for MHY.
Performance
BSJR vs. MHY - Performance Comparison
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Returns By Period
In the year-to-date period, BSJR achieves a 1.34% return, which is significantly lower than MHY's 3.85% return.
BSJR
- 1D
- 0.18%
- 1M
- 0.47%
- YTD
- 1.34%
- 6M
- 1.63%
- 1Y
- 4.64%
- 3Y*
- 7.71%
- 5Y*
- 3.35%
- 10Y*
- —
MHY
- 1D
- 0.31%
- 1M
- 1.86%
- YTD
- 3.85%
- 6M
- 4.07%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BSJR vs. MHY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BSJR Invesco BulletShares 2027 High Yield Corporate Bond ETF | 1.34% | 1.09% |
MHY Man Active High Yield ETF | 3.85% | 1.54% |
Correlation
The correlation between BSJR and MHY is 0.61, 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 18, 2025 | 0.61 |
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Return for Risk
BSJR vs. MHY — Risk / Return Rank
BSJR
MHY
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
BSJR vs. MHY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2027 High Yield Corporate Bond ETF (BSJR) and Man Active High Yield ETF (MHY). 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.
| BSJR | MHY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.45 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 4.01 | — | — |
| Martin ratioReturn relative to average drawdown | 18.30 | — | — |
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Drawdowns
BSJR vs. MHY - Drawdown Comparison
The maximum BSJR drawdown since its inception was -22.58%, which is greater than MHY's maximum drawdown of -1.58%. Use the drawdown chart below to compare losses from any high point for BSJR and MHY.
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Drawdown Indicators
| BSJR | MHY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.58% | -1.58% | -21.00% |
Max Drawdown (1Y)Largest decline over 1 year | -1.16% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -3.15% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -16.37% | — | — |
Current DrawdownCurrent decline from peak | -0.04% | 0.00% | -0.04% |
Average DrawdownAverage peak-to-trough decline | -3.23% | -0.29% | -2.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.25% | — | — |
Volatility
BSJR vs. MHY - Volatility Comparison
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Volatility by Period
| BSJR | MHY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.65% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 1.51% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 2.09% | 2.99% | -0.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.73% | 2.99% | +3.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.34% | 2.99% | +6.35% |
BSJR vs. MHY - Expense Ratio Comparison
BSJR has a 0.42% expense ratio, which is lower than MHY's 0.69% expense ratio.
Dividends
BSJR vs. MHY - Dividend Comparison
BSJR's dividend yield for the trailing twelve months is around 5.74%, more than MHY's 3.56% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
BSJR Invesco BulletShares 2027 High Yield Corporate Bond ETF | 5.74% | 6.19% | 6.75% | 6.48% | 5.37% | 4.49% | 4.53% | 1.20% |
MHY Man Active High Yield ETF | 3.56% | 3.42% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
BSJR and MHY have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BSJR is cheaper at 0.42% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BSJR is cheaper with a 0.42% expense ratio, compared with 0.69% for MHY.
BSJR has the higher dividend yield at 5.74%, compared with 3.56% for MHY.
They also come from different issuers: Invesco and Man Group. Their fees differ too: 0.42% for BSJR and 0.69% for MHY.
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