HYFI vs. BSJP

Last updated Jun 3, 2026

HYFI (AB High Yield ETF) and BSJP (Invesco BulletShares 2025 High Yield Corporate Bond ETF) are both High Yield Bonds funds. HYFI is actively managed, while BSJP is passively managed. A 0.60 correlation means they provide meaningful diversification when combined. HYFI charges 0.40%/yr vs 0.42%/yr for BSJP.

Performance

HYFI vs. BSJP - Performance Comparison

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

Returns By Period

HYFI

• 1D: 0.11%
• 1M: 0.54%
• YTD: 2.20%
• 6M: 2.79%
• 1Y: 8.38%
• 3Y*: 9.21%
• 5Y*: —
• 10Y*: —

BSJP

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

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

HYFI vs. BSJP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
HYFI AB High Yield ETF	2.20%	8.91%	7.98%	8.66%
BSJP Invesco BulletShares 2025 High Yield Corporate Bond ETF	0.00%	4.46%	8.07%	6.88%

Correlation

The correlation between HYFI and BSJP is -0.02, 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	-0.02
Correlation (3Y) Calculated over the trailing 3-year period	0.59
Correlation (All Time) Calculated using the full available price history since May 16, 2023	0.60

The correlation between HYFI and BSJP shifts across timeframes, from -0.02 (1 year) to 0.60 (all time), reflecting how their relationship changes across market environments.

HYFI vs. BSJP - Sectors Allocation Comparison

Sectors	HYFI	BSJP
Communication Services	80.8%	-
Consumer Cyclical	19.0%	-
Energy	0.2%	0.1%
Basic Materials	-	-
Consumer Defensive	-	-
Financial Services	-	95.2%
Healthcare	-	-
Industrials	-	4.7%
Real Estate	-	-
Technology	-	-
Utilities	-	-

Return for Risk

HYFI vs. BSJP — Risk / Return Rank

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

HYFI

HYFI Risk / Return Rank: 68
HYFI Sharpe Ratio Rank: 63
HYFI Sortino Ratio Rank: 72
HYFI Omega Ratio Rank: 67
HYFI Calmar Ratio Rank: 64
HYFI Martin Ratio Rank: 75

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.

HYFI vs. BSJP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AB High Yield ETF (HYFI) 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.

	HYFI	BSJP	Difference
Sharpe ratio Return per unit of total volatility	2.13	—	—
Sortino ratio Return per unit of downside risk	3.31	—	—
Omega ratio Gain probability vs. loss probability	1.41	—	—
Calmar ratio Return relative to maximum drawdown	3.27	—	—
Martin ratio Return relative to average drawdown	14.76	—	—
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

	HYFI	BSJP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.13	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.72	—	—

Drawdowns

Drawdown Indicators

	HYFI	BSJP	Difference
Max Drawdown Largest peak-to-trough decline	-6.34%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-2.49%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-6.34%	—	—
Current Drawdown Current decline from peak	0.00%	—	—
Average Drawdown Average peak-to-trough decline	-0.51%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	0.55%	—	—

Volatility

Volatility by Period

	HYFI	BSJP	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.09%	—	—
Volatility (6M) Calculated over the trailing 6-month period	3.10%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.95%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.36%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.36%	—	—

HYFI vs. BSJP - Expense Ratio Comparison

HYFI has a 0.40% expense ratio, which is lower than BSJP's 0.42% expense ratio.

Dividends

HYFI vs. BSJP - Dividend Comparison

HYFI's dividend yield for the trailing twelve months is around 6.62%, 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%
HYFI AB High Yield ETF	6.62%	6.66%	6.57%	4.17%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both HYFI and BSJP in my portfolio?

HYFI and BSJP have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, HYFI or BSJP?

On fees, HYFI is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HYFI or BSJP?

HYFI is cheaper with a 0.40% expense ratio, compared with 0.42% for BSJP.

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

HYFI has the higher dividend yield at 6.62%, compared with 2.26% for BSJP.

What is the main difference between HYFI and BSJP?

They also come from different issuers: AllianceBernstein and Invesco. Their fees differ too: 0.40% for HYFI and 0.42% for BSJP.