FHYS vs. BSJP
FHYS (Federated Hermes Short Duration High Yield ETF) and BSJP (Invesco BulletShares 2025 High Yield Corporate Bond ETF) are both High Yield Bonds funds. FHYS is actively managed, while BSJP is passively managed. A 0.76 correlation means they provide meaningful diversification when combined. FHYS charges 0.51%/yr vs 0.42%/yr for BSJP.
Performance
FHYS vs. BSJP - Performance Comparison
Loading charts...
Returns By Period
FHYS
- 1D
- -0.03%
- 1M
- 0.43%
- YTD
- 1.74%
- 6M
- 2.02%
- 1Y
- 6.13%
- 3Y*
- 7.79%
- 5Y*
- —
- 10Y*
- —
BSJP
- 1D
- —
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FHYS vs. BSJP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
FHYS Federated Hermes Short Duration High Yield ETF | 1.74% | 7.72% | 7.23% | 10.88% | -7.31% | 0.73% |
BSJP Invesco BulletShares 2025 High Yield Corporate Bond ETF | 0.00% | 4.46% | 8.07% | 10.41% | -5.16% | 0.63% |
Correlation
The correlation between FHYS and BSJP is 0.01, 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 (1Y) Calculated over the trailing 1-year period | 0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.57 |
Correlation (All Time) Calculated using the full available price history since Dec 17, 2021 | 0.76 |
Over the past year, the correlation between FHYS and BSJP has dropped to 0.01 - well below their long-term average of 0.76, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FHYS vs. BSJP — Risk / Return Rank
FHYS
BSJP
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
FHYS vs. BSJP - 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 2025 High Yield Corporate Bond ETF (BSJP). 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.
| FHYS | BSJP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.49 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.70 | — | — |
| Martin ratioReturn relative to average drawdown | 19.00 | — | — |
Loading charts...
Drawdowns
FHYS vs. BSJP - Drawdown Comparison
Loading charts...
Drawdown Indicators
| FHYS | BSJP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.62% | — | — |
Max Drawdown (1Y)Largest decline over 1 year | -1.66% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -3.16% | — | — |
Current DrawdownCurrent decline from peak | -0.03% | — | — |
Average DrawdownAverage peak-to-trough decline | -2.26% | — | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.32% | — | — |
Volatility
FHYS vs. BSJP - Volatility Comparison
Loading charts...
Volatility by Period
| FHYS | BSJP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.63% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 2.21% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 2.69% | — | — |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.93% | — | — |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.93% | — | — |
FHYS vs. BSJP - Expense Ratio Comparison
FHYS has a 0.51% expense ratio, which is higher than BSJP's 0.42% expense ratio.
Dividends
FHYS vs. BSJP - Dividend Comparison
FHYS's dividend yield for the trailing twelve months is around 5.75%, more than BSJP's 2.26% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
BSJP Invesco BulletShares 2025 High Yield Corporate Bond ETF | 2.26% | 4.50% | 6.25% | 7.07% | 5.37% | 4.27% | 4.96% | 5.49% | 5.84% | 1.32% |
FHYS Federated Hermes Short Duration High Yield ETF | 5.75% | 5.96% | 6.42% | 6.76% | 6.25% | 0.16% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FHYS and BSJP have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BSJP is cheaper at 0.42% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BSJP is cheaper with a 0.42% expense ratio, compared with 0.51% for FHYS.
FHYS has the higher dividend yield at 5.75%, compared with 2.26% for BSJP.
They also come from different issuers: Federated and Invesco. Their fees differ too: 0.51% for FHYS and 0.42% for BSJP.
Find the right allocation for FHYS and BSJP
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer