BSJU vs. SPHY
Compare and contrast key facts about Invesco Bulletshares 2030 High Yield Corporate Bond ETF (BSJU) and SPDR Portfolio High Yield Bond ETF (SPHY).
BSJU and SPHY 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. SPHY is a passively managed fund by State Street that tracks the performance of the ICE BofAML US High Yield Index. It was launched on Jun 18, 2012. Both BSJU and SPHY 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: BSJU or SPHY.
Correlation
The correlation between BSJU and SPHY is 0.70, 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
BSJU vs. SPHY - Performance Comparison
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Key characteristics
BSJU:
1.12
SPHY:
1.56
BSJU:
1.64
SPHY:
2.24
BSJU:
1.22
SPHY:
1.33
BSJU:
1.31
SPHY:
1.75
BSJU:
6.46
SPHY:
9.26
BSJU:
1.03%
SPHY:
0.92%
BSJU:
6.17%
SPHY:
5.63%
BSJU:
-7.51%
SPHY:
-21.97%
BSJU:
-0.87%
SPHY:
-0.09%
Returns By Period
In the year-to-date period, BSJU achieves a 1.83% return, which is significantly lower than SPHY's 2.43% return.
BSJU
1.83%
1.91%
1.69%
6.84%
N/A
N/A
N/A
SPHY
2.43%
2.60%
2.57%
8.70%
7.70%
6.34%
4.71%
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BSJU vs. SPHY - Expense Ratio Comparison
BSJU has a 0.42% expense ratio, which is higher than SPHY's 0.10% expense ratio.
Risk-Adjusted Performance
BSJU vs. SPHY — Risk-Adjusted Performance Rank
BSJU
SPHY
BSJU vs. SPHY - 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 SPDR Portfolio High Yield Bond ETF (SPHY). 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.
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Dividends
BSJU vs. SPHY - Dividend Comparison
BSJU's dividend yield for the trailing twelve months is around 7.14%, less than SPHY's 7.68% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BSJU Invesco Bulletshares 2030 High Yield Corporate Bond ETF | 7.14% | 7.08% | 6.74% | 2.38% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPHY SPDR Portfolio High Yield Bond ETF | 7.68% | 7.80% | 7.30% | 6.47% | 5.14% | 5.63% | 5.73% | 4.09% | 4.41% | 4.27% | 4.29% | 3.98% |
Drawdowns
BSJU vs. SPHY - Drawdown Comparison
The maximum BSJU drawdown since its inception was -7.51%, smaller than the maximum SPHY drawdown of -21.97%. Use the drawdown chart below to compare losses from any high point for BSJU and SPHY. For additional features, visit the drawdowns tool.
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Volatility
BSJU vs. SPHY - Volatility Comparison
Invesco Bulletshares 2030 High Yield Corporate Bond ETF (BSJU) has a higher volatility of 2.06% compared to SPDR Portfolio High Yield Bond ETF (SPHY) at 1.79%. This indicates that BSJU's price experiences larger fluctuations and is considered to be riskier than SPHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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