BSJT vs. IHY
Compare and contrast key facts about Invesco BulletShares 2029 High Yield Corporate Bond ETF (BSJT) and VanEck Vectors International High Yield Bond ETF (IHY).
BSJT and IHY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BSJT is a passively managed fund by Invesco that tracks the performance of the Invesco BulletShares High Yield Corporate Bond 2029 Index. It was launched on Sep 15, 2021. IHY is a passively managed fund by VanEck that tracks the performance of the Bank of America Merrill Lynch Global Ex-‐US Issuers High Yield Constrained Index. It was launched on Apr 2, 2012. Both BSJT and IHY 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: BSJT or IHY.
Correlation
The correlation between BSJT and IHY is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
BSJT vs. IHY - Performance Comparison
Key characteristics
BSJT:
1.94
IHY:
1.59
BSJT:
2.78
IHY:
2.41
BSJT:
1.36
IHY:
1.29
BSJT:
2.36
IHY:
0.78
BSJT:
13.49
IHY:
5.17
BSJT:
0.72%
IHY:
1.62%
BSJT:
5.04%
IHY:
5.28%
BSJT:
-19.52%
IHY:
-27.63%
BSJT:
-0.07%
IHY:
-2.20%
Returns By Period
In the year-to-date period, BSJT achieves a 1.63% return, which is significantly lower than IHY's 3.48% return.
BSJT
1.63%
0.37%
3.14%
9.69%
N/A
N/A
IHY
3.48%
2.37%
2.12%
7.98%
1.60%
3.50%
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BSJT vs. IHY - Expense Ratio Comparison
BSJT has a 0.42% expense ratio, which is higher than IHY's 0.40% expense ratio.
Risk-Adjusted Performance
BSJT vs. IHY — Risk-Adjusted Performance Rank
BSJT
IHY
BSJT vs. IHY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2029 High Yield Corporate Bond ETF (BSJT) and VanEck Vectors International High Yield Bond ETF (IHY). 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
BSJT vs. IHY - Dividend Comparison
BSJT's dividend yield for the trailing twelve months is around 6.12%, more than IHY's 5.49% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BSJT Invesco BulletShares 2029 High Yield Corporate Bond ETF | 6.12% | 6.66% | 6.42% | 5.45% | 1.33% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IHY VanEck Vectors International High Yield Bond ETF | 5.49% | 5.61% | 5.27% | 4.98% | 4.55% | 4.65% | 4.87% | 4.70% | 4.37% | 5.10% | 5.79% | 5.74% |
Drawdowns
BSJT vs. IHY - Drawdown Comparison
The maximum BSJT drawdown since its inception was -19.52%, smaller than the maximum IHY drawdown of -27.63%. Use the drawdown chart below to compare losses from any high point for BSJT and IHY. For additional features, visit the drawdowns tool.
Volatility
BSJT vs. IHY - Volatility Comparison
The current volatility for Invesco BulletShares 2029 High Yield Corporate Bond ETF (BSJT) is 1.10%, while VanEck Vectors International High Yield Bond ETF (IHY) has a volatility of 2.14%. This indicates that BSJT experiences smaller price fluctuations and is considered to be less risky than IHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.