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BSJV vs. SPHY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BSJV and SPHY is 0.86, 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.


-0.50.00.51.00.9

Performance

BSJV vs. SPHY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco BulletShares 2031 High Yield Corporate Bond ETF (BSJV) and SPDR Portfolio High Yield Bond ETF (SPHY). The values are adjusted to include any dividend payments, if applicable.

0.00%1.00%2.00%3.00%4.00%5.00%AugustSeptemberOctoberNovemberDecember2025
3.20%
4.97%
BSJV
SPHY

Key characteristics

Sharpe Ratio

BSJV:

1.30

SPHY:

2.35

Sortino Ratio

BSJV:

1.89

SPHY:

3.43

Omega Ratio

BSJV:

1.23

SPHY:

1.45

Calmar Ratio

BSJV:

2.57

SPHY:

4.29

Martin Ratio

BSJV:

6.20

SPHY:

17.27

Ulcer Index

BSJV:

1.13%

SPHY:

0.57%

Daily Std Dev

BSJV:

5.35%

SPHY:

4.17%

Max Drawdown

BSJV:

-4.46%

SPHY:

-21.97%

Current Drawdown

BSJV:

-1.16%

SPHY:

-0.01%

Returns By Period

In the year-to-date period, BSJV achieves a 1.03% return, which is significantly higher than SPHY's 0.89% return.


BSJV

YTD

1.03%

1M

0.07%

6M

2.83%

1Y

7.54%

5Y*

N/A

10Y*

N/A

SPHY

YTD

0.89%

1M

0.49%

6M

4.92%

1Y

10.14%

5Y*

4.37%

10Y*

4.55%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


BSJV vs. SPHY - Expense Ratio Comparison

BSJV has a 0.42% expense ratio, which is higher than SPHY's 0.10% expense ratio.


BSJV
Invesco BulletShares 2031 High Yield Corporate Bond ETF
Expense ratio chart for BSJV: current value at 0.42% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.42%
Expense ratio chart for SPHY: current value at 0.10% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.10%

Risk-Adjusted Performance

BSJV vs. SPHY — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BSJV
The Risk-Adjusted Performance Rank of BSJV is 5959
Overall Rank
The Sharpe Ratio Rank of BSJV is 5555
Sharpe Ratio Rank
The Sortino Ratio Rank of BSJV is 5656
Sortino Ratio Rank
The Omega Ratio Rank of BSJV is 5353
Omega Ratio Rank
The Calmar Ratio Rank of BSJV is 7474
Calmar Ratio Rank
The Martin Ratio Rank of BSJV is 5757
Martin Ratio Rank

SPHY
The Risk-Adjusted Performance Rank of SPHY is 9090
Overall Rank
The Sharpe Ratio Rank of SPHY is 8989
Sharpe Ratio Rank
The Sortino Ratio Rank of SPHY is 9191
Sortino Ratio Rank
The Omega Ratio Rank of SPHY is 8888
Omega Ratio Rank
The Calmar Ratio Rank of SPHY is 9292
Calmar Ratio Rank
The Martin Ratio Rank of SPHY is 9292
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

BSJV vs. SPHY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2031 High Yield Corporate Bond ETF (BSJV) 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.


Sharpe ratio
The chart of Sharpe ratio for BSJV, currently valued at 1.30, compared to the broader market0.002.004.001.302.35
The chart of Sortino ratio for BSJV, currently valued at 1.89, compared to the broader market-2.000.002.004.006.008.0010.0012.001.893.43
The chart of Omega ratio for BSJV, currently valued at 1.23, compared to the broader market0.501.001.502.002.503.001.231.45
The chart of Calmar ratio for BSJV, currently valued at 2.57, compared to the broader market0.005.0010.0015.002.574.29
The chart of Martin ratio for BSJV, currently valued at 6.20, compared to the broader market0.0020.0040.0060.0080.00100.006.2017.27
BSJV
SPHY

The current BSJV Sharpe Ratio is 1.30, which is lower than the SPHY Sharpe Ratio of 2.35. The chart below compares the historical Sharpe Ratios of BSJV and SPHY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50Sep 29Oct 06Oct 13Oct 20Oct 27Nov 03Nov 10Nov 17Nov 24DecemberDec 08Dec 15Dec 22Dec 29Jan 05Jan 12
1.30
2.35
BSJV
SPHY

Dividends

BSJV vs. SPHY - Dividend Comparison

BSJV's dividend yield for the trailing twelve months is around 6.60%, less than SPHY's 7.73% yield.


TTM20242023202220212020201920182017201620152014
BSJV
Invesco BulletShares 2031 High Yield Corporate Bond ETF
6.60%6.67%1.62%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SPHY
SPDR Portfolio High Yield Bond ETF
7.73%7.80%7.30%6.46%5.13%5.63%5.73%4.09%4.41%4.63%4.29%3.98%

Drawdowns

BSJV vs. SPHY - Drawdown Comparison

The maximum BSJV drawdown since its inception was -4.46%, smaller than the maximum SPHY drawdown of -21.97%. Use the drawdown chart below to compare losses from any high point for BSJV and SPHY. For additional features, visit the drawdowns tool.


-2.50%-2.00%-1.50%-1.00%-0.50%0.00%AugustSeptemberOctoberNovemberDecember2025
-1.16%
-0.01%
BSJV
SPHY

Volatility

BSJV vs. SPHY - Volatility Comparison

Invesco BulletShares 2031 High Yield Corporate Bond ETF (BSJV) and SPDR Portfolio High Yield Bond ETF (SPHY) have volatilities of 1.76% and 1.74%, 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.


1.00%1.50%2.00%AugustSeptemberOctoberNovemberDecember2025
1.76%
1.74%
BSJV
SPHY
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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