FHYS vs. BSJO

Last updated Jun 4, 2026

FHYS (Federated Hermes Short Duration High Yield ETF) and BSJO (Invesco BulletShares 2024 High Yield Corporate Bond ETF) are both High Yield Bonds funds. FHYS is actively managed, while BSJO is passively managed. FHYS charges 0.51%/yr vs 0.42%/yr for BSJO.

Performance

FHYS vs. BSJO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Federated Hermes Short Duration High Yield ETF (FHYS) and Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FHYS

• 1D: -0.16%
• 1M: 0.46%
• YTD: 1.48%
• 6M: 1.89%
• 1Y: 6.49%
• 3Y*: 7.83%
• 5Y*: —
• 10Y*: —

BSJO

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

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

FHYS vs. BSJO - Yearly Performance Comparison

	2026 (YTD)
FHYS Federated Hermes Short Duration High Yield ETF	1.13%
BSJO Invesco BulletShares 2024 High Yield Corporate Bond ETF	0.00%

Return for Risk

FHYS vs. BSJO — Risk / Return Rank

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

FHYS

FHYS Risk / Return Rank: 82
FHYS Sharpe Ratio Rank: 76
FHYS Sortino Ratio Rank: 85
FHYS Omega Ratio Rank: 85
FHYS Calmar Ratio Rank: 77
FHYS Martin Ratio Rank: 89

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.

FHYS vs. BSJO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Federated Hermes Short Duration High Yield ETF (FHYS) and Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO). 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.

	FHYS	BSJO	Difference
Sharpe ratio: Return per unit of total volatility	2.44	—	—
Sortino ratio: Return per unit of downside risk	3.82	—	—
Omega ratio: Gain probability vs. loss probability	1.52	—	—
Calmar ratio: Return relative to maximum drawdown	3.92	—	—
Martin ratio: Return relative to average drawdown	20.21	—	—
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

	FHYS	BSJO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.44	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.91	—	—

Drawdowns

FHYS vs. BSJO - Drawdown Comparison

The maximum FHYS drawdown since its inception was -11.62%, which is greater than BSJO's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for FHYS and BSJO.

Drawdown Indicators

	FHYS	BSJO	Difference
Max Drawdown Largest peak-to-trough decline	-11.62%	0.00%	-11.62%
Max Drawdown (1Y) Largest decline over 1 year	-1.66%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-3.16%	—	—
Current Drawdown Current decline from peak	-0.16%	0.00%	-0.16%
Average Drawdown Average peak-to-trough decline	-2.29%	0.00%	-2.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.32%	—	—

Volatility

Volatility by Period

	FHYS	BSJO	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.76%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.18%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	2.67%	0.00%	+2.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.95%	0.00%	+4.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.95%	0.00%	+4.95%

FHYS vs. BSJO - Expense Ratio Comparison

FHYS has a 0.51% expense ratio, which is higher than BSJO's 0.42% expense ratio.

Dividends

FHYS vs. BSJO - Dividend Comparison

FHYS's dividend yield for the trailing twelve months is around 5.77%, while BSJO has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
BSJO Invesco BulletShares 2024 High Yield Corporate Bond ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FHYS Federated Hermes Short Duration High Yield ETF	5.77%	5.96%	6.42%	6.76%	6.25%	0.16%

Frequently Asked Questions

Which ETF is better, FHYS or BSJO?

On fees, BSJO is cheaper at 0.42% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FHYS or BSJO?

BSJO is cheaper with a 0.42% expense ratio, compared with 0.51% for FHYS.

Which ETF pays a higher dividend yield, FHYS or BSJO?

FHYS has the higher dividend yield at 5.77%, compared with 0.00% for BSJO.

What is the main difference between FHYS and BSJO?

They also come from different issuers: Federated and Invesco. Their fees differ too: 0.51% for FHYS and 0.42% for BSJO.