FSYD vs. BSJP

Last updated Jun 6, 2026

FSYD (Fidelity Sustainable High Yield ETF) and BSJP (Invesco BulletShares 2025 High Yield Corporate Bond ETF) are both High Yield Bonds funds. FSYD is actively managed, while BSJP is passively managed. A 0.80 correlation means they provide meaningful diversification when combined. FSYD charges 0.55%/yr vs 0.42%/yr for BSJP.

Performance

FSYD vs. BSJP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Sustainable High Yield ETF (FSYD) and Invesco BulletShares 2025 High Yield Corporate Bond ETF (BSJP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FSYD

• 1D: -0.39%
• 1M: -0.19%
• YTD: 3.01%
• 6M: 3.39%
• 1Y: 9.69%
• 3Y*: 9.37%
• 5Y*: —
• 10Y*: —

BSJP

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

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

FSYD vs. BSJP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
FSYD Fidelity Sustainable High Yield ETF	3.01%	9.09%	8.74%	12.22%	-6.59%
BSJP Invesco BulletShares 2025 High Yield Corporate Bond ETF	0.00%	4.46%	8.07%	10.41%	-2.77%

Correlation

The correlation between FSYD and BSJP is 0.00, 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	0.00
Correlation (3Y) Calculated over the trailing 3-year period	0.62
Correlation (All Time) Calculated using the full available price history since Feb 18, 2022	0.80

Over the past year, the correlation between FSYD and BSJP has dropped to 0.00 - well below their long-term average of 0.80, suggesting their price drivers have been diverging.

FSYD vs. BSJP - Sectors Allocation Comparison

Sectors	FSYD	BSJP
Healthcare	94.6%	-
Energy	34.4%	0.1%
Technology	5.4%	-
Communication Services	0.0%	-
Basic Materials	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Financial Services	-	95.2%
Industrials	-	4.7%
Real Estate	-	-
Utilities	-	-

Return for Risk

FSYD vs. BSJP — Risk / Return Rank

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

FSYD

FSYD Risk / Return Rank: 79
FSYD Sharpe Ratio Rank: 76
FSYD Sortino Ratio Rank: 83
FSYD Omega Ratio Rank: 82
FSYD Calmar Ratio Rank: 75
FSYD Martin Ratio Rank: 78

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.

FSYD vs. BSJP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Sustainable High Yield ETF (FSYD) 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.

	FSYD	BSJP	Difference
Sharpe ratio: Return per unit of total volatility	2.36	—	—
Sortino ratio: Return per unit of downside risk	3.58	—	—
Omega ratio: Gain probability vs. loss probability	1.47	—	—
Calmar ratio: Return relative to maximum drawdown	3.64	—	—
Martin ratio: Return relative to average drawdown	14.56	—	—
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

	FSYD	BSJP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.36	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.76	—	—

Drawdowns

Drawdown Indicators

	FSYD	BSJP	Difference
Max Drawdown Largest peak-to-trough decline	-12.11%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-2.67%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-5.49%	—	—
Current Drawdown Current decline from peak	-0.59%	—	—
Average Drawdown Average peak-to-trough decline	-2.40%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	0.67%	—	—

Volatility

Volatility by Period

	FSYD	BSJP	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.11%	—	—
Volatility (6M) Calculated over the trailing 6-month period	3.15%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	4.13%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.85%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.85%	—	—

FSYD vs. BSJP - Expense Ratio Comparison

FSYD has a 0.55% expense ratio, which is higher than BSJP's 0.42% expense ratio.

Dividends

FSYD vs. BSJP - Dividend Comparison

FSYD's dividend yield for the trailing twelve months is around 6.34%, 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%
FSYD Fidelity Sustainable High Yield ETF	6.34%	6.49%	6.47%	6.70%	5.29%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FSYD and BSJP in my portfolio?

FSYD and BSJP have a correlation of 0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FSYD or BSJP?

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.

Which ETF is cheaper, FSYD or BSJP?

BSJP is cheaper with a 0.42% expense ratio, compared with 0.55% for FSYD.

Which ETF pays a higher dividend yield, FSYD or BSJP?

FSYD has the higher dividend yield at 6.34%, compared with 2.26% for BSJP.

What is the main difference between FSYD and BSJP?

They also come from different issuers: Fidelity and Invesco. Their fees differ too: 0.55% for FSYD and 0.42% for BSJP.