BSJV vs. HYZD
BSJV (Invesco BulletShares 2031 High Yield Corporate Bond ETF) and HYZD (WisdomTree Interest Rate Hedged High Yield Bond Fund) are both High Yield Bonds funds - BSJV tracks the NASDAQ BulletShares USD Corporate Bond 2031 while HYZD tracks the WisdomTree U.S. High Yield Corporate Bond, Zero Duration Index. Both are passively managed. Over the past year, BSJV returned 5.61% vs 7.08% for HYZD. At a 0.41 correlation, their price movements are largely independent. BSJV charges 0.42%/yr vs 0.43%/yr for HYZD.
Performance
BSJV vs. HYZD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BSJV achieves a 1.05% return, which is significantly lower than HYZD's 2.65% return.
BSJV
- 1D
- 0.00%
- 1M
- 0.08%
- YTD
- 1.05%
- 6M
- 1.26%
- 1Y
- 5.61%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HYZD
- 1D
- -0.07%
- 1M
- 0.15%
- YTD
- 2.65%
- 6M
- 2.76%
- 1Y
- 7.08%
- 3Y*
- 9.33%
- 5Y*
- 6.07%
- 10Y*
- 5.71%
BSJV vs. HYZD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
BSJV Invesco BulletShares 2031 High Yield Corporate Bond ETF | 1.05% | 9.50% | 5.66% | 7.24% |
HYZD WisdomTree Interest Rate Hedged High Yield Bond Fund | 2.65% | 7.67% | 9.39% | 3.41% |
Correlation
The correlation between BSJV and HYZD is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (All Time) Calculated using the full available price history since Sep 20, 2023 | 0.41 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BSJV vs. HYZD — Risk / Return Rank
BSJV
HYZD
BSJV vs. HYZD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2031 High Yield Corporate Bond ETF (BSJV) and WisdomTree Interest Rate Hedged High Yield Bond Fund (HYZD). 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.
| BSJV | HYZD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.05 | ||
| Sortino ratioReturn per unit of downside risk | -1.84 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.47 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | 1.75 | 3.72 | -1.97 |
| Martin ratioReturn relative to average drawdown | 7.48 | 15.88 | -8.40 |
Loading charts...
Drawdowns
BSJV vs. HYZD - Drawdown Comparison
The maximum BSJV drawdown since its inception was -5.22%, smaller than the maximum HYZD drawdown of -25.66%. Use the drawdown chart below to compare losses from any high point for BSJV and HYZD.
Loading charts...
Drawdown Indicators
| BSJV | HYZD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.22% | -25.66% | +20.44% |
Max Drawdown (1Y)Largest decline over 1 year | -3.21% | -1.91% | -1.30% |
Max Drawdown (3Y)Largest decline over 3 years | — | -5.85% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -8.97% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -25.66% | — |
Current DrawdownCurrent decline from peak | -0.46% | -0.46% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -0.78% | -2.19% | +1.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.75% | 0.45% | +0.30% |
Volatility
BSJV vs. HYZD - Volatility Comparison
Invesco BulletShares 2031 High Yield Corporate Bond ETF (BSJV) and WisdomTree Interest Rate Hedged High Yield Bond Fund (HYZD) have volatilities of 1.16% and 1.12%, 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.
Loading charts...
Volatility by Period
| BSJV | HYZD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.16% | 1.12% | +0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 3.43% | 2.44% | +0.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.38% | 3.04% | +1.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.13% | 6.71% | -0.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.13% | 8.54% | -2.41% |
BSJV vs. HYZD - Expense Ratio Comparison
BSJV has a 0.42% expense ratio, which is lower than HYZD's 0.43% expense ratio.
Dividends
BSJV vs. HYZD - Dividend Comparison
BSJV's dividend yield for the trailing twelve months is around 6.61%, more than HYZD's 5.91% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BSJV Invesco BulletShares 2031 High Yield Corporate Bond ETF | 6.61% | 6.52% | 6.67% | 1.62% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HYZD WisdomTree Interest Rate Hedged High Yield Bond Fund | 5.91% | 6.05% | 6.08% | 5.94% | 5.14% | 4.02% | 5.13% | 5.50% | 5.58% | 4.94% | 5.07% | 4.38% |
Frequently Asked Questions
BSJV and HYZD have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BSJV has higher volatility (1.16%) compared to HYZD (1.12%). In terms of maximum drawdown, BSJV dropped -5.22% vs HYZD's -25.66%.
On 1-year performance, HYZD leads with 7.08% vs 5.61% for BSJV. On fees, BSJV is cheaper at 0.42% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, HYZD has performed better with a 7.08% return vs 5.61%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
BSJV is cheaper with a 0.42% expense ratio, compared with 0.43% for HYZD.
BSJV has the higher dividend yield at 6.61%, compared with 5.91% for HYZD.
BSJV tracks NASDAQ BulletShares USD Corporate Bond 2031, while HYZD tracks WisdomTree U.S. High Yield Corporate Bond, Zero Duration Index. They also come from different issuers: Invesco and WisdomTree. Their fees differ too: 0.42% for BSJV and 0.43% for HYZD.
HYZD currently has the higher Sharpe Ratio (2.34 vs 1.29), 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.
Find the right allocation for BSJV and HYZD
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer