Correlation
The correlation between HYFI and BSJP is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
HYFI vs. BSJP
Compare and contrast key facts about AB High Yield ETF (HYFI) and Invesco BulletShares 2025 High Yield Corporate Bond ETF (BSJP).
HYFI and BSJP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HYFI is an actively managed fund by AB Funds. It was launched on Jul 26, 2016. 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: HYFI or BSJP.
Performance
HYFI vs. BSJP - Performance Comparison
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Key characteristics
HYFI:
1.48
BSJP:
3.81
HYFI:
1.97
BSJP:
6.69
HYFI:
1.34
BSJP:
2.00
HYFI:
1.46
BSJP:
7.35
HYFI:
9.64
BSJP:
55.85
HYFI:
0.96%
BSJP:
0.12%
HYFI:
6.28%
BSJP:
1.75%
HYFI:
-6.34%
BSJP:
-23.58%
HYFI:
0.00%
BSJP:
0.00%
Returns By Period
In the year-to-date period, HYFI achieves a 2.93% return, which is significantly higher than BSJP's 2.26% return.
HYFI
2.93%
1.97%
2.20%
8.83%
N/A
N/A
N/A
BSJP
2.26%
0.46%
2.54%
6.36%
6.18%
5.98%
N/A
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HYFI vs. BSJP - Expense Ratio Comparison
HYFI has a 0.40% expense ratio, which is lower than BSJP's 0.42% expense ratio.
Risk-Adjusted Performance
HYFI vs. BSJP — Risk-Adjusted Performance Rank
HYFI
BSJP
HYFI vs. BSJP - Risk-Adjusted Performance 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.
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Dividends
HYFI vs. BSJP - Dividend Comparison
HYFI's dividend yield for the trailing twelve months is around 6.60%, more than BSJP's 5.82% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
HYFI AB High Yield ETF | 6.60% | 6.58% | 4.17% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BSJP Invesco BulletShares 2025 High Yield Corporate Bond ETF | 5.82% | 6.25% | 7.07% | 5.37% | 4.27% | 4.96% | 5.49% | 5.84% | 1.32% |
Drawdowns
HYFI vs. BSJP - Drawdown Comparison
The maximum HYFI drawdown since its inception was -6.34%, smaller than the maximum BSJP drawdown of -23.58%. Use the drawdown chart below to compare losses from any high point for HYFI and BSJP.
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Volatility
HYFI vs. BSJP - Volatility Comparison
AB High Yield ETF (HYFI) has a higher volatility of 1.17% compared to Invesco BulletShares 2025 High Yield Corporate Bond ETF (BSJP) at 0.25%. This indicates that HYFI'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.
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