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BSJS vs. JPHY
Performance
Return for Risk
Drawdowns
Volatility
Dividends

BSJS vs. JPHY

Last updated Jun 4, 2026

BSJS (Invesco BulletShares 2028 High Yield Corporate Bond ETF) and JPHY (JPMorgan High Yield Research Enhanced ETF) are both High Yield Bonds funds. BSJS is passively managed, while JPHY is actively managed. Their correlation of 0.80 suggests significant overlap in exposure. BSJS charges 0.42%/yr vs 0.24%/yr for JPHY.

Performance

BSJS vs. JPHY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco BulletShares 2028 High Yield Corporate Bond ETF (BSJS) and JPMorgan High Yield Research Enhanced ETF (JPHY). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, BSJS achieves a 1.67% return, which is significantly lower than JPHY's 2.07% return.

BSJS

1D
-0.05%
1M
0.61%
YTD
1.67%
6M
2.13%
1Y
6.48%
3Y*
8.32%
5Y*
3.29%
10Y*
—

JPHY

1D
-0.09%
1M
0.44%
YTD
2.07%
6M
2.33%
1Y
—
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

BSJS vs. JPHY - Yearly Performance Comparison

2026 (YTD)2025
BSJS
Invesco BulletShares 2028 High Yield Corporate Bond ETF		1.67%3.52%
JPHY
JPMorgan High Yield Research Enhanced ETF		2.07%4.00%

Correlation

The correlation between BSJS and JPHY is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

Correlation
Correlation (All Time)
Calculated using the full available price history since Jun 26, 2025

0.80

BSJS vs. JPHY - Sectors Allocation Comparison

Sectors
BSJS
JPHY

Healthcare

10.5%
5.1%

Industrials

9.1%
10.8%

Consumer Cyclical

7.5%
8.9%

Communication Services

5.5%
15.8%

Energy

5.4%
7.0%

Financial Services

4.6%
1.8%

Technology

4.5%
4.8%

Consumer Defensive

3.9%
2.4%

Real Estate

2.9%
3.0%

Basic Materials

2.6%
3.6%

Utilities

1.2%
2.8%

Healthcare

BSJS
10.5%
JPHY
5.1%

Industrials

BSJS
9.1%
JPHY
10.8%

Consumer Cyclical

BSJS
7.5%
JPHY
8.9%

Communication Services

BSJS
5.5%
JPHY
15.8%

Energy

BSJS
5.4%
JPHY
7.0%

Financial Services

BSJS
4.6%
JPHY
1.8%

Technology

BSJS
4.5%
JPHY
4.8%

Consumer Defensive

BSJS
3.9%
JPHY
2.4%

Real Estate

BSJS
2.9%
JPHY
3.0%

Basic Materials

BSJS
2.6%
JPHY
3.6%

Utilities

BSJS
1.2%
JPHY
2.8%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Invesco BulletShares 2028 High Yield Corporate Bond ETF

JPMorgan High Yield Research Enhanced ETF

Often compared with BSJS:
BSJS vs. BKHYBSJS vs. BSJOBSJS vs. PGHYBSJS vs. BSJRBSJS vs. BSJPBSJS vs. EICBSJS vs. HYG
Often compared with JPHY:
JPHY vs. JEPIJPHY vs. JPIEJPHY vs. VMFXXJPHY vs. ARKXJPHY vs. IDVJPHY vs. BCATJPHY vs. JEPIX

Return for Risk

BSJS vs. JPHY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
BSJS
BSJS Risk / Return Rank: 7878
Overall Rank
BSJS Sharpe Ratio Rank: 6969
Sharpe Ratio Rank
BSJS Sortino Ratio Rank: 7979
Sortino Ratio Rank
BSJS Omega Ratio Rank: 7676
Omega Ratio Rank
BSJS Calmar Ratio Rank: 7878
Calmar Ratio Rank
BSJS Martin Ratio Rank: 8888
Martin Ratio Rank
JPHY
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BSJS vs. JPHY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2028 High Yield Corporate Bond ETF (BSJS) and JPMorgan High Yield Research Enhanced ETF (JPHY). 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.

BSJSJPHYDifference
Sharpe ratioReturn per unit of total volatility
2.29

—

—

Sortino ratioReturn per unit of downside risk
3.56

—

—

Omega ratioGain probability vs. loss probability

1.45

—

—

Calmar ratioReturn relative to maximum drawdown

3.97

—

—

Martin ratioReturn relative to average drawdown

19.33

—

—

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BSJS vs. JPHY - Sharpe Ratio Comparison

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Sharpe Ratios by Period

BSJSJPHYDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.29

—

—

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.45

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.52

2.17

-1.64

Drawdowns

BSJS vs. JPHY - Drawdown Comparison

The maximum BSJS drawdown since its inception was -17.73%, which is greater than JPHY's maximum drawdown of -1.65%. Use the drawdown chart below to compare losses from any high point for BSJS and JPHY.

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Drawdown Indicators

BSJSJPHYDifference

Max Drawdown

Largest peak-to-trough decline

-17.73%

-1.65%

-16.08%

Max Drawdown (1Y)

Largest decline over 1 year

-1.64%

—

—

Max Drawdown (3Y)

Largest decline over 3 years

-4.44%

—

—

Max Drawdown (5Y)

Largest decline over 5 years

-17.73%

—

—

Current Drawdown

Current decline from peak

-0.05%

-0.09%

+0.04%

Average Drawdown

Average peak-to-trough decline

-3.99%

-0.21%

-3.78%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.34%

—

—

Volatility

BSJS vs. JPHY - Volatility Comparison

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Volatility by Period

BSJSJPHYDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.72%

—

—

Volatility (6M)

Calculated over the trailing 6-month period

2.03%

—

—

Volatility (1Y)

Calculated over the trailing 1-year period

2.84%

3.04%

-0.20%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

7.39%

3.04%

+4.35%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

7.14%

3.04%

+4.10%

BSJS vs. JPHY - Expense Ratio Comparison

BSJS has a 0.42% expense ratio, which is higher than JPHY's 0.24% expense ratio.

Dividends

BSJS vs. JPHY - Dividend Comparison

BSJS's dividend yield for the trailing twelve months is around 6.27%, more than JPHY's 5.92% yield.

PositionTTM202520242023202220212020
BSJS
Invesco BulletShares 2028 High Yield Corporate Bond ETF		6.27%6.49%7.04%6.75%5.82%4.86%0.75%
JPHY
JPMorgan High Yield Research Enhanced ETF		5.92%3.32%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

BSJS and JPHY have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, JPHY is cheaper at 0.24% per year. The better choice depends on whether you care most about return, fees, risk, or income.

JPHY is cheaper with a 0.24% expense ratio, compared with 0.42% for BSJS.

BSJS has the higher dividend yield at 6.27%, compared with 5.92% for JPHY.

They also come from different issuers: Invesco and JPMorgan. Their fees differ too: 0.42% for BSJS and 0.24% for JPHY.

Portfolio Optimizer

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