BSJR vs. VGHY
BSJR (Invesco BulletShares 2027 High Yield Corporate Bond ETF) and VGHY (Vanguard High-Yield Active ETF) are both High Yield Bonds funds. BSJR is passively managed, while VGHY is actively managed. A 0.69 correlation means they provide meaningful diversification when combined. BSJR charges 0.42%/yr vs 0.22%/yr for VGHY.
Performance
BSJR vs. VGHY - Performance Comparison
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Returns By Period
In the year-to-date period, BSJR achieves a 1.46% return, which is significantly lower than VGHY's 1.65% return.
BSJR
- 1D
- 0.04%
- 1M
- 0.24%
- YTD
- 1.46%
- 6M
- 1.49%
- 1Y
- 4.44%
- 3Y*
- 8.02%
- 5Y*
- 3.28%
- 10Y*
- —
VGHY
- 1D
- -0.03%
- 1M
- 0.34%
- YTD
- 1.65%
- 6M
- 1.76%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BSJR vs. VGHY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BSJR Invesco BulletShares 2027 High Yield Corporate Bond ETF | 1.46% | 0.98% |
VGHY Vanguard High-Yield Active ETF | 1.65% | 1.77% |
Correlation
The correlation between BSJR and VGHY is 0.69, 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 | 0.69 |
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Return for Risk
BSJR vs. VGHY — Risk / Return Rank
BSJR
VGHY
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
BSJR vs. VGHY - 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 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.
| BSJR | VGHY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.43 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.83 | — | — |
| Martin ratioReturn relative to average drawdown | 17.49 | — | — |
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Drawdowns
BSJR vs. VGHY - Drawdown Comparison
The maximum BSJR drawdown since its inception was -22.58%, which is greater than VGHY's maximum drawdown of -2.66%. Use the drawdown chart below to compare losses from any high point for BSJR and VGHY.
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Drawdown Indicators
| BSJR | VGHY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.58% | -2.66% | -19.92% |
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 | -0.02% | -0.15% | +0.13% |
Average DrawdownAverage peak-to-trough decline | -3.22% | -0.43% | -2.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.25% | — | — |
Volatility
BSJR vs. VGHY - Volatility Comparison
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Volatility by Period
| BSJR | VGHY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.57% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 1.50% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 2.08% | 4.23% | -2.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.74% | 4.23% | +2.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.33% | 4.23% | +5.10% |
BSJR vs. VGHY - Expense Ratio Comparison
BSJR has a 0.42% expense ratio, which is higher than VGHY's 0.22% expense ratio.
Dividends
BSJR vs. VGHY - Dividend Comparison
BSJR's dividend yield for the trailing twelve months is around 5.67%, more than VGHY's 3.97% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
BSJR Invesco BulletShares 2027 High Yield Corporate Bond ETF | 5.67% | 6.19% | 6.75% | 6.48% | 5.37% | 4.49% | 4.53% | 1.20% |
VGHY Vanguard High-Yield Active ETF | 3.97% | 1.49% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
BSJR and VGHY have a correlation of 0.69, 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 BSJR.
BSJR has the higher dividend yield at 5.67%, compared with 3.97% for VGHY.
They also come from different issuers: Invesco and Vanguard. Their fees differ too: 0.42% for BSJR and 0.22% for VGHY.
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