CPHY vs. BSJR

Last updated Jul 12, 2026

CPHY (F/m Compoundr High Yield Bond ETF) and BSJR (Invesco BulletShares 2027 High Yield Corporate Bond ETF) are both High Yield Bonds funds - CPHY tracks the Nasdaq Compoundr U.S. High Yield Bond Index while BSJR tracks the NASDAQ BulletShares USD High Yield Corporate Bond 2027 Index. Both are passively managed. Their correlation of 0.81 suggests significant overlap in exposure. CPHY charges 0.35%/yr vs 0.42%/yr for BSJR.

Performance

CPHY vs. BSJR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in F/m Compoundr High Yield Bond ETF (CPHY) and Invesco BulletShares 2027 High Yield Corporate Bond ETF (BSJR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CPHY achieves a 0.72% return, which is significantly lower than BSJR's 1.67% return.

CPHY

• 1D: -0.10%
• 1M: 0.15%
• 6M: 0.27%
• YTD: 0.72%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BSJR

• 1D: -0.02%
• 1M: 0.31%
• 6M: 1.44%
• YTD: 1.67%
• 1Y: 4.46%
• 3Y*: 7.80%
• 5Y*: 3.23%
• 10Y*: —

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

CPHY vs. BSJR - Yearly Performance Comparison

	2026 (YTD)	2025
CPHY F/m Compoundr High Yield Bond ETF	0.72%	2.43%
BSJR Invesco BulletShares 2027 High Yield Corporate Bond ETF	1.67%	2.01%

Correlation

The correlation between CPHY and BSJR is 0.81, 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 Aug 12, 2025	0.81

Return for Risk

CPHY vs. BSJR — Risk / Return Rank

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

CPHY

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

BSJR

BSJR Risk / Return Rank: 90
BSJR Sharpe Ratio Rank: 88
BSJR Sortino Ratio Rank: 92
BSJR Omega Ratio Rank: 90
BSJR Calmar Ratio Rank: 86
BSJR Martin Ratio Rank: 93

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.

CPHY vs. BSJR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for F/m Compoundr High Yield Bond ETF (CPHY) and Invesco BulletShares 2027 High Yield Corporate Bond ETF (BSJR). 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.

	CPHY	BSJR	Difference
Sharpe ratio: Return per unit of total volatility	—	2.29	—
Sortino ratio: Return per unit of downside risk	—	3.61	—
Omega ratio: Gain probability vs. loss probability	—	1.45	—
Calmar ratio: Return relative to maximum drawdown	—	3.85	—
Martin ratio: Return relative to average drawdown	—	18.72	—

Drawdowns

CPHY vs. BSJR - Drawdown Comparison

The maximum CPHY drawdown since its inception was -2.51%, smaller than the maximum BSJR drawdown of -22.58%. Use the drawdown chart below to compare losses from any high point for CPHY and BSJR.

Drawdown Indicators

	CPHY	BSJR	Difference
Max Drawdown Largest peak-to-trough decline	-2.51%	-22.58%	+20.07%
Max Drawdown (1Y) Largest decline over 1 year	—	-1.16%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-3.15%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-16.37%	—
Current Drawdown Current decline from peak	-0.27%	-0.04%	-0.23%
Average Drawdown Average peak-to-trough decline	-0.54%	-3.20%	+2.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.24%	—

Volatility

Volatility by Period

	CPHY	BSJR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.53%	—
Volatility (6M) Calculated over the trailing 6-month period	—	1.52%	—
Volatility (1Y) Calculated over the trailing 1-year period	3.50%	1.96%	+1.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.50%	6.73%	-3.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.50%	9.30%	-5.80%

CPHY vs. BSJR - Expense Ratio Comparison

CPHY has a 0.35% expense ratio, which is lower than BSJR's 0.42% expense ratio.

Dividends

CPHY vs. BSJR - Dividend Comparison

CPHY has not paid dividends to shareholders, while BSJR's dividend yield for the trailing twelve months is around 5.65%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
BSJR Invesco BulletShares 2027 High Yield Corporate Bond ETF	5.65%	6.19%	6.75%	6.48%	5.37%	4.49%	4.53%	1.20%
CPHY F/m Compoundr High Yield Bond ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CPHY and BSJR in my portfolio?

CPHY and BSJR have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CPHY or BSJR?

On fees, CPHY 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, CPHY or BSJR?

CPHY is cheaper with a 0.35% expense ratio, compared with 0.42% for BSJR.

Which ETF pays a higher dividend yield, CPHY or BSJR?

BSJR has the higher dividend yield at 5.65%, compared with 0.00% for CPHY.

What is the main difference between CPHY and BSJR?

CPHY tracks Nasdaq Compoundr U.S. High Yield Bond Index, while BSJR tracks NASDAQ BulletShares USD High Yield Corporate Bond 2027 Index. They also come from different issuers: F/m Investments and Invesco. Their fees differ too: 0.35% for CPHY and 0.42% for BSJR.