BSJU vs. FLHY
Compare and contrast key facts about Invesco Bulletshares 2030 High Yield Corporate Bond ETF (BSJU) and Franklin Liberty High Yield Corporate ETF (FLHY).
BSJU and FLHY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BSJU is a passively managed fund by Invesco that tracks the performance of the Invesco BulletShares High Yield Corporate Bond 2030 Index. It was launched on Sep 6, 2022. FLHY is an actively managed fund by Franklin Templeton. It was launched on May 30, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BSJU or FLHY.
Correlation
The correlation between BSJU and FLHY is 0.90, 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
BSJU vs. FLHY - Performance Comparison
Key characteristics
BSJU:
1.61
FLHY:
1.83
BSJU:
2.33
FLHY:
2.62
BSJU:
1.29
FLHY:
1.34
BSJU:
3.23
FLHY:
3.70
BSJU:
11.67
FLHY:
14.35
BSJU:
0.69%
FLHY:
0.54%
BSJU:
4.97%
FLHY:
4.25%
BSJU:
-7.51%
FLHY:
-22.57%
BSJU:
-2.04%
FLHY:
-2.11%
Returns By Period
The year-to-date returns for both stocks are quite close, with BSJU having a 7.46% return and FLHY slightly lower at 7.32%.
BSJU
7.46%
-0.81%
3.74%
7.62%
N/A
N/A
FLHY
7.32%
-1.22%
3.19%
7.48%
4.10%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BSJU vs. FLHY - Expense Ratio Comparison
BSJU has a 0.42% expense ratio, which is higher than FLHY's 0.40% expense ratio.
Risk-Adjusted Performance
BSJU vs. FLHY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Bulletshares 2030 High Yield Corporate Bond ETF (BSJU) and Franklin Liberty High Yield Corporate ETF (FLHY). 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
BSJU vs. FLHY - Dividend Comparison
BSJU's dividend yield for the trailing twelve months is around 6.39%, more than FLHY's 5.94% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
BSJU Invesco Bulletshares 2030 High Yield Corporate Bond ETF | 6.39% | 6.74% | 2.38% | 0.00% | 0.00% | 0.00% | 0.00% |
FLHY Franklin Liberty High Yield Corporate ETF | 5.94% | 6.25% | 6.54% | 5.50% | 5.48% | 5.45% | 4.28% |
Drawdowns
BSJU vs. FLHY - Drawdown Comparison
The maximum BSJU drawdown since its inception was -7.51%, smaller than the maximum FLHY drawdown of -22.57%. Use the drawdown chart below to compare losses from any high point for BSJU and FLHY. For additional features, visit the drawdowns tool.
Volatility
BSJU vs. FLHY - Volatility Comparison
Invesco Bulletshares 2030 High Yield Corporate Bond ETF (BSJU) and Franklin Liberty High Yield Corporate ETF (FLHY) have volatilities of 1.60% and 1.63%, 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.