BSJW vs. IBHD

Last updated Jun 4, 2026

BSJW (Invesco BulletShares 2032 High Yield Corporate Bond ETF) and IBHD (iShares iBonds 2024 Term High Yield & Income ETF) are both High Yield Bonds funds - BSJW tracks the Nasdaq BulletShares USD High Yield Corporate Bond 2032 Index while IBHD tracks the Bloomberg 2024 Term High Yield and Income Index. Both are passively managed. BSJW charges 0.42%/yr vs 0.35%/yr for IBHD.

Performance

BSJW vs. IBHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco BulletShares 2032 High Yield Corporate Bond ETF (BSJW) and iShares iBonds 2024 Term High Yield & Income ETF (IBHD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BSJW

• 1D: -0.22%
• 1M: 0.36%
• YTD: 0.79%
• 6M: 1.15%
• 1Y: 7.00%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IBHD

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BSJW vs. IBHD - Yearly Performance Comparison

	2026 (YTD)
BSJW Invesco BulletShares 2032 High Yield Corporate Bond ETF	0.14%
IBHD iShares iBonds 2024 Term High Yield & Income ETF	0.00%

Return for Risk

BSJW vs. IBHD — Risk / Return Rank

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

BSJW

BSJW Risk / Return Rank: 53
BSJW Sharpe Ratio Rank: 51
BSJW Sortino Ratio Rank: 56
BSJW Omega Ratio Rank: 55
BSJW Calmar Ratio Rank: 45
BSJW Martin Ratio Rank: 58

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BSJW vs. IBHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2032 High Yield Corporate Bond ETF (BSJW) and iShares iBonds 2024 Term High Yield & Income ETF (IBHD). 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.

	BSJW	IBHD	Difference
Sharpe ratio: Return per unit of total volatility	1.71	—	—
Sortino ratio: Return per unit of downside risk	2.62	—	—
Omega ratio: Gain probability vs. loss probability	1.33	—	—
Calmar ratio: Return relative to maximum drawdown	2.18	—	—
Martin ratio: Return relative to average drawdown	9.99	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	BSJW	IBHD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.71	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.42	—	—

Drawdowns

BSJW vs. IBHD - Drawdown Comparison

The maximum BSJW drawdown since its inception was -4.52%, which is greater than IBHD's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for BSJW and IBHD.

Drawdown Indicators

	BSJW	IBHD	Difference
Max Drawdown Largest peak-to-trough decline	-4.52%	0.00%	-4.52%
Max Drawdown (1Y) Largest decline over 1 year	-3.22%	—	—
Current Drawdown Current decline from peak	-0.26%	0.00%	-0.26%
Average Drawdown Average peak-to-trough decline	-0.55%	0.00%	-0.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.70%	—	—

Volatility

Volatility by Period

	BSJW	IBHD	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.22%	—	—
Volatility (6M) Calculated over the trailing 6-month period	3.26%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	4.12%	0.00%	+4.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.12%	0.00%	+5.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.12%	0.00%	+5.12%

BSJW vs. IBHD - Expense Ratio Comparison

BSJW has a 0.42% expense ratio, which is higher than IBHD's 0.35% expense ratio.

Dividends

BSJW vs. IBHD - Dividend Comparison

BSJW's dividend yield for the trailing twelve months is around 6.65%, while IBHD has not paid dividends to shareholders.

Position	TTM	2025	2024
BSJW Invesco BulletShares 2032 High Yield Corporate Bond ETF	6.65%	6.36%	4.15%
IBHD iShares iBonds 2024 Term High Yield & Income ETF	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, BSJW or IBHD?

On fees, IBHD is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BSJW or IBHD?

IBHD is cheaper with a 0.35% expense ratio, compared with 0.42% for BSJW.

Which ETF pays a higher dividend yield, BSJW or IBHD?

BSJW has the higher dividend yield at 6.65%, compared with 0.00% for IBHD.

What is the main difference between BSJW and IBHD?

BSJW tracks Nasdaq BulletShares USD High Yield Corporate Bond 2032 Index, while IBHD tracks Bloomberg 2024 Term High Yield and Income Index. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.42% for BSJW and 0.35% for IBHD.