CGHY vs. BSJQ
CGHY (Capital Group High Yield Bond ETF) and BSJQ (Invesco BulletShares 2026 High Yield Corp Bond ETF) are both High Yield Bonds funds. A 0.58 correlation means they provide meaningful diversification when combined. CGHY charges 0.39%/yr vs 0.42%/yr for BSJQ.
Performance
CGHY vs. BSJQ - Performance Comparison
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Returns By Period
In the year-to-date period, CGHY achieves a 2.15% return, which is significantly higher than BSJQ's 1.06% return.
CGHY
- 1D
- -0.08%
- 1M
- 0.68%
- YTD
- 2.15%
- 6M
- 2.54%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BSJQ
- 1D
- -0.10%
- 1M
- -0.18%
- YTD
- 1.06%
- 6M
- 1.25%
- 1Y
- 4.35%
- 3Y*
- 7.09%
- 5Y*
- 3.69%
- 10Y*
- —
CGHY vs. BSJQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
CGHY Capital Group High Yield Bond ETF | 2.15% | 3.83% |
BSJQ Invesco BulletShares 2026 High Yield Corp Bond ETF | 1.06% | 2.99% |
Correlation
The correlation between CGHY and BSJQ is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 26, 2025 | 0.58 |
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Return for Risk
CGHY vs. BSJQ — Risk / Return Rank
CGHY
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
BSJQ
CGHY vs. BSJQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Capital Group High Yield Bond ETF (CGHY) and Invesco BulletShares 2026 High Yield Corp Bond ETF (BSJQ). 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.
| CGHY | BSJQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.72 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 8.08 | — |
| Martin ratioReturn relative to average drawdown | — | 33.05 | — |
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Drawdowns
CGHY vs. BSJQ - Drawdown Comparison
The maximum CGHY drawdown since its inception was -2.38%, smaller than the maximum BSJQ drawdown of -24.13%. Use the drawdown chart below to compare losses from any high point for CGHY and BSJQ.
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Drawdown Indicators
| CGHY | BSJQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.38% | -24.13% | +21.75% |
Max Drawdown (1Y)Largest decline over 1 year | — | -0.54% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -2.66% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -11.95% | — |
Current DrawdownCurrent decline from peak | -0.12% | -0.23% | +0.11% |
Average DrawdownAverage peak-to-trough decline | -0.31% | -2.16% | +1.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.13% | — |
Volatility
CGHY vs. BSJQ - Volatility Comparison
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Volatility by Period
| CGHY | BSJQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.61% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 1.01% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.33% | 1.36% | +1.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.33% | 5.73% | -2.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.33% | 8.42% | -5.09% |
CGHY vs. BSJQ - Expense Ratio Comparison
CGHY has a 0.39% expense ratio, which is lower than BSJQ's 0.42% expense ratio.
Dividends
CGHY vs. BSJQ - Dividend Comparison
CGHY's dividend yield for the trailing twelve months is around 5.07%, less than BSJQ's 6.32% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
BSJQ Invesco BulletShares 2026 High Yield Corp Bond ETF | 6.32% | 6.10% | 6.58% | 6.58% | 5.58% | 4.27% | 4.64% | 4.59% | 2.39% |
CGHY Capital Group High Yield Bond ETF | 5.07% | 3.09% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
CGHY and BSJQ have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CGHY is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CGHY is cheaper with a 0.39% expense ratio, compared with 0.42% for BSJQ.
BSJQ has the higher dividend yield at 6.32%, compared with 5.07% for CGHY.
They also come from different issuers: Capital Group and Invesco. Their fees differ too: 0.39% for CGHY and 0.42% for BSJQ.
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