HYDW vs. BSJO

Last updated Jun 5, 2026

HYDW (Xtrackers Low Beta High Yield Bond ETF) and BSJO (Invesco BulletShares 2024 High Yield Corporate Bond ETF) are both High Yield Bonds funds - HYDW tracks the Solactive USD High Yield Corporates Total Market Low Beta Index while BSJO tracks the NASDAQ BulletShares USD High Yield Corporate Bond 2024 TR Index. Both are passively managed. HYDW charges 0.20%/yr vs 0.42%/yr for BSJO.

Performance

HYDW vs. BSJO - Performance Comparison

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

Returns By Period

HYDW

• 1D: 0.15%
• 1M: 0.27%
• YTD: 1.04%
• 6M: 1.44%
• 1Y: 5.53%
• 3Y*: 6.99%
• 5Y*: 3.58%
• 10Y*: —

BSJO

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

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

HYDW vs. BSJO - Yearly Performance Comparison

	2026 (YTD)
HYDW Xtrackers Low Beta High Yield Bond ETF	0.64%
BSJO Invesco BulletShares 2024 High Yield Corporate Bond ETF	0.00%

Return for Risk

HYDW vs. BSJO — Risk / Return Rank

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

HYDW

HYDW Risk / Return Rank: 61
HYDW Sharpe Ratio Rank: 56
HYDW Sortino Ratio Rank: 62
HYDW Omega Ratio Rank: 62
HYDW Calmar Ratio Rank: 54
HYDW Martin Ratio Rank: 69

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.

HYDW vs. BSJO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers Low Beta High Yield Bond ETF (HYDW) 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.

	HYDW	BSJO	Difference
Sharpe ratio: Return per unit of total volatility	1.88	—	—
Sortino ratio: Return per unit of downside risk	2.89	—	—
Omega ratio: Gain probability vs. loss probability	1.37	—	—
Calmar ratio: Return relative to maximum drawdown	2.66	—	—
Martin ratio: Return relative to average drawdown	12.66	—	—
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

	HYDW	BSJO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.88	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.56	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.58	—	—

Drawdowns

HYDW vs. BSJO - Drawdown Comparison

The maximum HYDW drawdown since its inception was -17.75%, which is greater than BSJO's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for HYDW and BSJO.

Drawdown Indicators

	HYDW	BSJO	Difference
Max Drawdown Largest peak-to-trough decline	-17.75%	0.00%	-17.75%
Max Drawdown (1Y) Largest decline over 1 year	-2.09%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-3.64%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-12.68%	—	—
Current Drawdown Current decline from peak	-0.11%	0.00%	-0.11%
Average Drawdown Average peak-to-trough decline	-1.89%	0.00%	-1.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.44%	—	—

Volatility

Volatility by Period

	HYDW	BSJO	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.74%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.26%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	2.95%	0.00%	+2.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.40%	0.00%	+6.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.99%	0.00%	+6.99%

HYDW vs. BSJO - Expense Ratio Comparison

HYDW has a 0.20% expense ratio, which is lower than BSJO's 0.42% expense ratio.

Dividends

HYDW vs. BSJO - Dividend Comparison

HYDW's dividend yield for the trailing twelve months is around 5.75%, while BSJO has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BSJO Invesco BulletShares 2024 High Yield Corporate Bond ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
HYDW Xtrackers Low Beta High Yield Bond ETF	5.75%	5.75%	5.35%	5.69%	4.78%	3.30%	4.45%	4.56%	4.42%

Frequently Asked Questions

Which ETF is better, HYDW or BSJO?

On fees, HYDW is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HYDW or BSJO?

HYDW is cheaper with a 0.20% expense ratio, compared with 0.42% for BSJO.

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

HYDW has the higher dividend yield at 5.75%, compared with 0.00% for BSJO.

What is the main difference between HYDW and BSJO?

HYDW tracks Solactive USD High Yield Corporates Total Market Low Beta Index, while BSJO tracks NASDAQ BulletShares USD High Yield Corporate Bond 2024 TR Index. They also come from different issuers: Deutsche Bank and Invesco. Their fees differ too: 0.20% for HYDW and 0.42% for BSJO.