BSJU vs. HYHG
BSJU (Invesco Bulletshares 2030 High Yield Corporate Bond ETF) and HYHG (ProShares High Yield-Interest Rate Hedged) are both High Yield Bonds funds - BSJU tracks the Invesco BulletShares High Yield Corporate Bond 2030 Index while HYHG tracks the Citi High Yield (Treasury Rate-Hedged) Index. Both are passively managed. Over the past 3 years, BSJU returned 9.06%/yr vs 9.96%/yr for HYHG. A 0.51 correlation means they provide meaningful diversification when combined. BSJU charges 0.42%/yr vs 0.50%/yr for HYHG.
Performance
BSJU vs. HYHG - Performance Comparison
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Returns By Period
In the year-to-date period, BSJU achieves a 1.91% return, which is significantly lower than HYHG's 3.86% return.
BSJU
- 1D
- 0.00%
- 1M
- 0.69%
- YTD
- 1.91%
- 6M
- 2.02%
- 1Y
- 6.57%
- 3Y*
- 9.06%
- 5Y*
- —
- 10Y*
- —
HYHG
- 1D
- 0.07%
- 1M
- 0.71%
- YTD
- 3.86%
- 6M
- 4.29%
- 1Y
- 8.04%
- 3Y*
- 9.96%
- 5Y*
- 7.04%
- 10Y*
- 6.38%
BSJU vs. HYHG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
BSJU Invesco Bulletshares 2030 High Yield Corporate Bond ETF | 1.91% | 8.58% | 8.20% | 12.91% | -2.11% |
HYHG ProShares High Yield-Interest Rate Hedged | 3.86% | 5.31% | 11.41% | 14.69% | 1.04% |
Correlation
The correlation between BSJU and HYHG is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Sep 8, 2022 | 0.51 |
The correlation between BSJU and HYHG shifts across timeframes, from 0.37 (1 year) to 0.51 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
BSJU vs. HYHG — Risk / Return Rank
BSJU
HYHG
BSJU vs. HYHG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Bulletshares 2030 High Yield Corporate Bond ETF (BSJU) and ProShares High Yield-Interest Rate Hedged (HYHG). 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.
| BSJU | HYHG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.22 | ||
| Sortino ratioReturn per unit of downside risk | +0.45 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.26 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.61 | 4.00 | -1.39 |
| Martin ratioReturn relative to average drawdown | 12.07 | 13.36 | -1.30 |
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Drawdowns
BSJU vs. HYHG - Drawdown Comparison
The maximum BSJU drawdown since its inception was -7.51%, smaller than the maximum HYHG drawdown of -25.71%. Use the drawdown chart below to compare losses from any high point for BSJU and HYHG.
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Drawdown Indicators
| BSJU | HYHG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -7.51% | -25.71% | +18.20% |
Max Drawdown (1Y)Largest decline over 1 year | -2.53% | -2.02% | -0.51% |
Max Drawdown (3Y)Largest decline over 3 years | -5.12% | -7.47% | +2.35% |
Max Drawdown (5Y)Largest decline over 5 years | — | -9.21% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -25.71% | — |
Current DrawdownCurrent decline from peak | -0.14% | 0.00% | -0.14% |
Average DrawdownAverage peak-to-trough decline | -1.07% | -3.03% | +1.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.55% | 0.60% | -0.05% |
Volatility
BSJU vs. HYHG - Volatility Comparison
The current volatility for Invesco Bulletshares 2030 High Yield Corporate Bond ETF (BSJU) is 1.04%, while ProShares High Yield-Interest Rate Hedged (HYHG) has a volatility of 1.31%. This indicates that BSJU experiences smaller price fluctuations and is considered to be less risky than HYHG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BSJU | HYHG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.04% | 1.31% | -0.27% |
Volatility (6M)Calculated over the trailing 6-month period | 3.12% | 4.36% | -1.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.95% | 5.57% | -1.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.86% | 8.17% | -0.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.86% | 9.10% | -1.24% |
BSJU vs. HYHG - Expense Ratio Comparison
BSJU has a 0.42% expense ratio, which is lower than HYHG's 0.50% expense ratio.
Dividends
BSJU vs. HYHG - Dividend Comparison
BSJU's dividend yield for the trailing twelve months is around 6.65%, less than HYHG's 6.73% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BSJU Invesco Bulletshares 2030 High Yield Corporate Bond ETF | 6.65% | 6.52% | 7.08% | 6.74% | 2.38% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HYHG ProShares High Yield-Interest Rate Hedged | 6.73% | 6.97% | 6.57% | 6.07% | 5.58% | 4.54% | 5.21% | 6.06% | 6.45% | 5.57% | 5.37% | 6.37% |
Frequently Asked Questions
BSJU and HYHG have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HYHG has higher volatility (1.31%) compared to BSJU (1.04%). In terms of maximum drawdown, BSJU dropped -7.51% vs HYHG's -25.71%.
On 3-year performance, HYHG leads with 9.96% vs 9.06% for BSJU. On fees, BSJU is cheaper at 0.42% per year. On volatility, BSJU has been the lower-risk option at 1.04%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, HYHG has performed better with a 9.96% return vs 9.06%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
BSJU is cheaper with a 0.42% expense ratio, compared with 0.50% for HYHG.
HYHG has the higher dividend yield at 6.73%, compared with 6.65% for BSJU.
BSJU tracks Invesco BulletShares High Yield Corporate Bond 2030 Index, while HYHG tracks Citi High Yield (Treasury Rate-Hedged) Index. They also come from different issuers: Invesco and ProShares. Their fees differ too: 0.42% for BSJU and 0.50% for HYHG.
BSJU currently has the higher Sharpe Ratio (1.67 vs 1.45), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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