BSJU vs. IHYF
Compare and contrast key facts about Invesco Bulletshares 2030 High Yield Corporate Bond ETF (BSJU) and Invesco High Yield Bond Factor ETF (IHYF).
BSJU and IHYF 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. IHYF is an actively managed fund by Invesco. It was launched on Nov 30, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BSJU or IHYF.
Correlation
The correlation between BSJU and IHYF is 0.80, 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. IHYF - Performance Comparison
Key characteristics
BSJU:
1.61
IHYF:
2.21
BSJU:
2.33
IHYF:
3.24
BSJU:
1.29
IHYF:
1.45
BSJU:
3.23
IHYF:
4.31
BSJU:
11.67
IHYF:
15.27
BSJU:
0.69%
IHYF:
0.57%
BSJU:
4.97%
IHYF:
3.95%
BSJU:
-7.51%
IHYF:
-15.96%
BSJU:
-2.04%
IHYF:
-1.40%
Returns By Period
The year-to-date returns for both investments are quite close, with BSJU having a 7.46% return and IHYF slightly higher at 7.56%.
BSJU
7.46%
-0.81%
3.74%
7.62%
N/A
N/A
IHYF
7.56%
0.43%
4.95%
8.41%
N/A
N/A
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BSJU vs. IHYF - Expense Ratio Comparison
BSJU has a 0.42% expense ratio, which is higher than IHYF's 0.39% expense ratio.
Risk-Adjusted Performance
BSJU vs. IHYF - 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 Invesco High Yield Bond Factor ETF (IHYF). 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. IHYF - Dividend Comparison
BSJU's dividend yield for the trailing twelve months is around 6.39%, less than IHYF's 6.62% yield.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
BSJU Invesco Bulletshares 2030 High Yield Corporate Bond ETF | 6.39% | 6.74% | 2.38% | 0.00% |
IHYF Invesco High Yield Bond Factor ETF | 6.62% | 6.76% | 6.16% | 4.87% |
Drawdowns
BSJU vs. IHYF - Drawdown Comparison
The maximum BSJU drawdown since its inception was -7.51%, smaller than the maximum IHYF drawdown of -15.96%. Use the drawdown chart below to compare losses from any high point for BSJU and IHYF. For additional features, visit the drawdowns tool.
Volatility
BSJU vs. IHYF - Volatility Comparison
Invesco Bulletshares 2030 High Yield Corporate Bond ETF (BSJU) has a higher volatility of 1.60% compared to Invesco High Yield Bond Factor ETF (IHYF) at 1.27%. This indicates that BSJU's price experiences larger fluctuations and is considered to be riskier than IHYF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.