FHYS vs. BSJP
Compare and contrast key facts about Federated Hermes Short Duration High Yield ETF (FHYS) and Invesco BulletShares 2025 High Yield Corporate Bond ETF (BSJP).
FHYS and BSJP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FHYS is an actively managed fund by Federated. It was launched on Dec 16, 2021. BSJP is a passively managed fund by Invesco that tracks the performance of the NASDAQ BulletShares USD High Yield Corporate Bond 2025 TR Index. It was launched on Sep 27, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FHYS or BSJP.
Correlation
The correlation between FHYS and BSJP is 0.87, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
FHYS vs. BSJP - Performance Comparison
Key characteristics
FHYS:
3.22
BSJP:
4.43
FHYS:
4.91
BSJP:
7.82
FHYS:
1.68
BSJP:
2.07
FHYS:
8.58
BSJP:
17.52
FHYS:
32.21
BSJP:
73.54
FHYS:
0.25%
BSJP:
0.10%
FHYS:
2.49%
BSJP:
1.72%
FHYS:
-11.63%
BSJP:
-23.58%
FHYS:
-0.11%
BSJP:
0.00%
Returns By Period
In the year-to-date period, FHYS achieves a 1.26% return, which is significantly higher than BSJP's 0.92% return.
FHYS
1.26%
0.65%
3.43%
7.78%
N/A
N/A
BSJP
0.92%
0.52%
3.28%
7.44%
4.35%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FHYS vs. BSJP - Expense Ratio Comparison
FHYS has a 0.51% expense ratio, which is higher than BSJP's 0.42% expense ratio.
Risk-Adjusted Performance
FHYS vs. BSJP — Risk-Adjusted Performance Rank
FHYS
BSJP
FHYS vs. BSJP - Risk-Adjusted Performance 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.
Dividends
FHYS vs. BSJP - Dividend Comparison
FHYS's dividend yield for the trailing twelve months is around 6.38%, more than BSJP's 6.01% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
FHYS Federated Hermes Short Duration High Yield ETF | 6.38% | 6.41% | 6.75% | 6.26% | 0.16% | 0.00% | 0.00% | 0.00% | 0.00% |
BSJP Invesco BulletShares 2025 High Yield Corporate Bond ETF | 6.01% | 6.25% | 7.07% | 5.37% | 4.26% | 4.95% | 5.50% | 5.84% | 1.32% |
Drawdowns
FHYS vs. BSJP - Drawdown Comparison
The maximum FHYS drawdown since its inception was -11.63%, smaller than the maximum BSJP drawdown of -23.58%. Use the drawdown chart below to compare losses from any high point for FHYS and BSJP. For additional features, visit the drawdowns tool.
Volatility
FHYS vs. BSJP - Volatility Comparison
Federated Hermes Short Duration High Yield ETF (FHYS) has a higher volatility of 0.64% compared to Invesco BulletShares 2025 High Yield Corporate Bond ETF (BSJP) at 0.24%. This indicates that FHYS's price experiences larger fluctuations and is considered to be riskier than BSJP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.