BSJX vs. BBHY

Last updated Jun 5, 2026

BSJX (Invesco BulletShares 2033 High Yield Corporate Bond ETF) and BBHY (JPMorgan BetaBuilders USD High Yield Corporate Bond ETF) are both High Yield Bonds funds - BSJX tracks the IVZ BulletShares USD High Yield Corporate Bond 2033 Index while BBHY tracks the ICE BofA US High Yield Index. Both are passively managed. Their correlation of 0.94 suggests significant overlap in exposure. BSJX charges 0.42%/yr vs 0.15%/yr for BBHY.

Performance

BSJX vs. BBHY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco BulletShares 2033 High Yield Corporate Bond ETF (BSJX) and JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BBHY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BSJX achieves a 1.24% return, which is significantly lower than BBHY's 1.73% return.

BSJX

• 1D: 0.06%
• 1M: 0.23%
• YTD: 1.24%
• 6M: 1.61%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BBHY

• 1D: 0.15%
• 1M: 0.49%
• YTD: 1.73%
• 6M: 2.18%
• 1Y: 7.10%
• 3Y*: 8.76%
• 5Y*: 4.12%
• 10Y*: —

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

BSJX vs. BBHY - Yearly Performance Comparison

	2026 (YTD)	2025
BSJX Invesco BulletShares 2033 High Yield Corporate Bond ETF	1.24%	5.46%
BBHY JPMorgan BetaBuilders USD High Yield Corporate Bond ETF	1.73%	5.21%

Correlation

The correlation between BSJX and BBHY is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 12, 2025	0.94

BSJX vs. BBHY - Sectors Allocation Comparison

Sectors	BSJX	BBHY
Energy	9.6%	5.2%
Consumer Cyclical	8.2%	10.0%
Technology	6.3%	4.0%
Industrials	6.1%	8.4%
Communication Services	3.7%	7.9%
Basic Materials	3.4%	3.2%
Healthcare	3.1%	5.4%
Financial Services	2.8%	4.1%
Utilities	2.7%	2.0%
Consumer Defensive	1.9%	2.5%
Real Estate	1.3%	3.9%

Return for Risk

BSJX vs. BBHY — Risk / Return Rank

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

BBHY

BBHY Risk / Return Rank: 65
BBHY Sharpe Ratio Rank: 60
BBHY Sortino Ratio Rank: 66
BBHY Omega Ratio Rank: 65
BBHY Calmar Ratio Rank: 62
BBHY Martin Ratio Rank: 73

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.

BSJX vs. BBHY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco BulletShares 2033 High Yield Corporate Bond ETF (BSJX) and JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BBHY). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	BSJX	BBHY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.97	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.57	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.61	0.64	+0.97

Drawdowns

BSJX vs. BBHY - Drawdown Comparison

The maximum BSJX drawdown since its inception was -3.40%, smaller than the maximum BBHY drawdown of -24.98%. Use the drawdown chart below to compare losses from any high point for BSJX and BBHY.

Drawdown Indicators

	BSJX	BBHY	Difference
Max Drawdown Largest peak-to-trough decline	-3.40%	-24.98%	+21.58%
Max Drawdown (1Y) Largest decline over 1 year	—	-2.37%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-5.00%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-15.32%	—
Current Drawdown Current decline from peak	-0.42%	-0.14%	-0.28%
Average Drawdown Average peak-to-trough decline	-0.44%	-2.37%	+1.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.53%	—

Volatility

Volatility by Period

	BSJX	BBHY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.13%	—
Volatility (6M) Calculated over the trailing 6-month period	—	2.85%	—
Volatility (1Y) Calculated over the trailing 1-year period	4.31%	3.62%	+0.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.31%	7.26%	-2.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.31%	7.53%	-3.22%

BSJX vs. BBHY - Expense Ratio Comparison

BSJX has a 0.42% expense ratio, which is higher than BBHY's 0.15% expense ratio.

Dividends

BSJX vs. BBHY - Dividend Comparison

BSJX's dividend yield for the trailing twelve months is around 6.43%, less than BBHY's 6.94% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
BBHY JPMorgan BetaBuilders USD High Yield Corporate Bond ETF	6.94%	7.24%	7.18%	6.49%	5.92%	4.06%	4.73%	4.99%	5.02%	4.81%	1.42%
BSJX Invesco BulletShares 2033 High Yield Corporate Bond ETF	6.43%	4.02%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BSJX and BBHY in my portfolio?

With a correlation of 0.94, BSJX and BBHY move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, BSJX or BBHY?

On fees, BBHY is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BSJX or BBHY?

BBHY is cheaper with a 0.15% expense ratio, compared with 0.42% for BSJX.

Which ETF pays a higher dividend yield, BSJX or BBHY?

BBHY has the higher dividend yield at 6.94%, compared with 6.43% for BSJX.

What is the main difference between BSJX and BBHY?

BSJX tracks IVZ BulletShares USD High Yield Corporate Bond 2033 Index, while BBHY tracks ICE BofA US High Yield Index. They also come from different issuers: Invesco and JPMorgan. Their fees differ too: 0.42% for BSJX and 0.15% for BBHY.