HYLB vs. BSJR
HYLB (Xtrackers USD High Yield Corporate Bond ETF) and BSJR (Invesco BulletShares 2027 High Yield Corporate Bond ETF) are both High Yield Bonds funds - HYLB tracks the Solactive USD High Yield Corporates Total Market Index while BSJR tracks the NASDAQ BulletShares USD High Yield Corporate Bond 2027 Index. Both are passively managed. Over the past 5 years, HYLB returned 4.06%/yr vs 3.40%/yr for BSJR. Their correlation of 0.91 suggests significant overlap in exposure. HYLB charges 0.15%/yr vs 0.42%/yr for BSJR.
Performance
HYLB vs. BSJR - Performance Comparison
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Returns By Period
In the year-to-date period, HYLB achieves a 1.65% return, which is significantly higher than BSJR's 1.27% return.
HYLB
- 1D
- 0.11%
- 1M
- 0.35%
- YTD
- 1.65%
- 6M
- 2.09%
- 1Y
- 6.78%
- 3Y*
- 8.79%
- 5Y*
- 4.06%
- 10Y*
- —
BSJR
- 1D
- 0.15%
- 1M
- 0.25%
- YTD
- 1.27%
- 6M
- 1.81%
- 1Y
- 4.78%
- 3Y*
- 7.93%
- 5Y*
- 3.40%
- 10Y*
- —
HYLB vs. BSJR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
HYLB Xtrackers USD High Yield Corporate Bond ETF | 1.65% | 8.74% | 8.14% | 12.03% | -10.80% | 3.94% | 5.04% | 2.22% |
BSJR Invesco BulletShares 2027 High Yield Corporate Bond ETF | 1.27% | 7.41% | 7.15% | 11.91% | -11.35% | 3.60% | 5.69% | 3.00% |
Correlation
The correlation between HYLB and BSJR is 0.80, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.80 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.91 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.93 |
Correlation (All Time) Calculated using the full available price history since Sep 13, 2019 | 0.91 |
The correlation between HYLB and BSJR shifts across timeframes, from 0.80 (1 year) to 0.93 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
HYLB vs. BSJR — Risk / Return Rank
HYLB
BSJR
HYLB vs. BSJR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers USD High Yield Corporate Bond ETF (HYLB) and Invesco BulletShares 2027 High Yield Corporate Bond ETF (BSJR). 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.
| HYLB | BSJR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.43 | ||
| Sortino ratioReturn per unit of downside risk | -0.72 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.45 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 3.00 | 4.13 | -1.13 |
| Martin ratioReturn relative to average drawdown | 12.90 | 19.06 | -6.16 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HYLB | BSJR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.84 | 2.27 | -0.43 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.55 | 0.51 | +0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.58 | 0.43 | +0.15 |
Drawdowns
HYLB vs. BSJR - Drawdown Comparison
The maximum HYLB drawdown since its inception was -22.91%, roughly equal to the maximum BSJR drawdown of -22.58%. Use the drawdown chart below to compare losses from any high point for HYLB and BSJR.
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Drawdown Indicators
| HYLB | BSJR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.91% | -22.58% | -0.33% |
Max Drawdown (1Y)Largest decline over 1 year | -2.27% | -1.16% | -1.11% |
Max Drawdown (3Y)Largest decline over 3 years | -4.51% | -3.15% | -1.36% |
Max Drawdown (5Y)Largest decline over 5 years | -15.54% | -16.37% | +0.83% |
Current DrawdownCurrent decline from peak | -0.09% | -0.11% | +0.02% |
Average DrawdownAverage peak-to-trough decline | -2.43% | -3.25% | +0.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.53% | 0.25% | +0.28% |
Volatility
HYLB vs. BSJR - Volatility Comparison
Xtrackers USD High Yield Corporate Bond ETF (HYLB) has a higher volatility of 1.19% compared to Invesco BulletShares 2027 High Yield Corporate Bond ETF (BSJR) at 0.59%. This indicates that HYLB's price experiences larger fluctuations and is considered to be riskier than BSJR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HYLB | BSJR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.19% | 0.59% | +0.60% |
Volatility (6M)Calculated over the trailing 6-month period | 2.92% | 1.45% | +1.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.70% | 2.12% | +1.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.47% | 6.73% | +0.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.18% | 9.36% | -1.18% |
HYLB vs. BSJR - Expense Ratio Comparison
HYLB has a 0.15% expense ratio, which is lower than BSJR's 0.42% expense ratio.
Dividends
HYLB vs. BSJR - Dividend Comparison
HYLB's dividend yield for the trailing twelve months is around 6.48%, more than BSJR's 5.74% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
BSJR Invesco BulletShares 2027 High Yield Corporate Bond ETF | 5.74% | 6.19% | 6.75% | 6.48% | 5.37% | 4.49% | 4.53% | 1.20% | 0.00% | 0.00% | 0.00% |
HYLB Xtrackers USD High Yield Corporate Bond ETF | 6.48% | 6.29% | 6.31% | 5.84% | 5.53% | 4.45% | 5.22% | 5.71% | 5.95% | 5.85% | 0.27% |
Frequently Asked Questions
HYLB and BSJR have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HYLB has higher volatility (1.19%) compared to BSJR (0.59%). In terms of maximum drawdown, HYLB dropped -22.91% vs BSJR's -22.58%.
On 5-year performance, HYLB leads with 4.06% vs 3.40% for BSJR. On fees, HYLB is cheaper at 0.15% per year. On volatility, BSJR has been the lower-risk option at 0.59%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, HYLB has performed better with a 4.06% return vs 3.40%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
HYLB is cheaper with a 0.15% expense ratio, compared with 0.42% for BSJR.
HYLB has the higher dividend yield at 6.48%, compared with 5.74% for BSJR.
HYLB tracks Solactive USD High Yield Corporates Total Market Index, while BSJR tracks NASDAQ BulletShares USD High Yield Corporate Bond 2027 Index. They also come from different issuers: DWS and Invesco. Their fees differ too: 0.15% for HYLB and 0.42% for BSJR.
BSJR currently has the higher Sharpe Ratio (2.27 vs 1.84), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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