BSJX vs. IBHE

Last updated Jun 5, 2026

BSJX (Invesco BulletShares 2033 High Yield Corporate Bond ETF) and IBHE (iShares iBonds 2025 Term High Yield & Income ETF) are both High Yield Bonds funds - BSJX tracks the IVZ BulletShares USD High Yield Corporate Bond 2033 Index while IBHE tracks the Bloomberg 2025 Term High Yield and Income Index. Both are passively managed. At a 0.03 correlation, their price movements are largely independent. BSJX charges 0.42%/yr vs 0.35%/yr for IBHE.

Performance

BSJX vs. IBHE - 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 iShares iBonds 2025 Term High Yield & Income ETF (IBHE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BSJX

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

IBHE

• 1D: 0.00%
• 1M: 0.00%
• YTD: 0.00%
• 6M: 0.13%
• 1Y: 2.05%
• 3Y*: 5.99%
• 5Y*: 3.89%
• 10Y*: —

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

BSJX vs. IBHE - Yearly Performance Comparison

	2026 (YTD)	2025
BSJX Invesco BulletShares 2033 High Yield Corporate Bond ETF	1.24%	5.46%
IBHE iShares iBonds 2025 Term High Yield & Income ETF	0.00%	2.20%

Correlation

The correlation between BSJX and IBHE is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 12, 2025	0.03

BSJX vs. IBHE - Sectors Allocation Comparison

Sectors	BSJX	IBHE
Energy	9.6%	-
Consumer Cyclical	8.2%	-
Technology	6.3%	-
Industrials	6.1%	-
Communication Services	3.7%	-
Basic Materials	3.4%	-
Healthcare	3.1%	-
Financial Services	2.8%	-
Utilities	2.7%	-
Consumer Defensive	1.9%	-
Real Estate	1.3%	100.0%

Return for Risk

BSJX vs. IBHE — Risk / Return Rank

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

IBHE

IBHE Risk / Return Rank: 97
IBHE Sharpe Ratio Rank: 92
IBHE Sortino Ratio Rank: 96
IBHE Omega Ratio Rank: 98
IBHE Calmar Ratio Rank: 99
IBHE Martin Ratio Rank: 99

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. IBHE - 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 iShares iBonds 2025 Term High Yield & Income ETF (IBHE). 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	IBHE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	3.31	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.83	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.61	0.41	+1.21

Drawdowns

BSJX vs. IBHE - Drawdown Comparison

The maximum BSJX drawdown since its inception was -3.40%, smaller than the maximum IBHE drawdown of -26.91%. Use the drawdown chart below to compare losses from any high point for BSJX and IBHE.

Drawdown Indicators

	BSJX	IBHE	Difference
Max Drawdown Largest peak-to-trough decline	-3.40%	-26.91%	+23.51%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.11%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-0.94%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-8.51%	—
Current Drawdown Current decline from peak	-0.42%	0.00%	-0.42%
Average Drawdown Average peak-to-trough decline	-0.44%	-1.42%	+0.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.05%	—

Volatility

Volatility by Period

	BSJX	IBHE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.00%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.39%	—
Volatility (1Y) Calculated over the trailing 1-year period	4.31%	0.78%	+3.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.31%	4.87%	-0.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.31%	11.52%	-7.21%

BSJX vs. IBHE - Expense Ratio Comparison

BSJX has a 0.42% expense ratio, which is higher than IBHE's 0.35% expense ratio.

Dividends

BSJX vs. IBHE - Dividend Comparison

BSJX's dividend yield for the trailing twelve months is around 6.43%, more than IBHE's 2.29% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
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%
IBHE iShares iBonds 2025 Term High Yield & Income ETF	2.29%	4.53%	6.92%	7.17%	5.77%	4.84%	5.74%	3.73%

Frequently Asked Questions

Can I hold both BSJX and IBHE in my portfolio?

BSJX and IBHE have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BSJX or IBHE?

On fees, IBHE 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, BSJX or IBHE?

IBHE is cheaper with a 0.35% expense ratio, compared with 0.42% for BSJX.

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

BSJX has the higher dividend yield at 6.43%, compared with 2.29% for IBHE.

What is the main difference between BSJX and IBHE?

BSJX tracks IVZ BulletShares USD High Yield Corporate Bond 2033 Index, while IBHE tracks Bloomberg 2025 Term High Yield and Income Index. They also come from different issuers: Invesco and iShares. Their fees differ too: 0.42% for BSJX and 0.35% for IBHE.