HYS vs. BSJO

Last updated Jun 4, 2026

HYS (PIMCO 0-5 Year High Yield Corporate Bond Index ETF) and BSJO (Invesco BulletShares 2024 High Yield Corporate Bond ETF) are both High Yield Bonds funds - HYS tracks the ICE BofA US High Yield Constrained (0-5 Y) while BSJO tracks the NASDAQ BulletShares USD High Yield Corporate Bond 2024 TR Index. Both are passively managed. HYS charges 0.56%/yr vs 0.42%/yr for BSJO.

Performance

HYS vs. BSJO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PIMCO 0-5 Year High Yield Corporate Bond Index ETF (HYS) and Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

HYS

• 1D: -0.09%
• 1M: 0.47%
• YTD: 1.33%
• 6M: 1.83%
• 1Y: 7.07%
• 3Y*: 8.58%
• 5Y*: 5.08%
• 10Y*: 5.35%

BSJO

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

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

HYS vs. BSJO - Yearly Performance Comparison

	2026 (YTD)
HYS PIMCO 0-5 Year High Yield Corporate Bond Index ETF	0.98%
BSJO Invesco BulletShares 2024 High Yield Corporate Bond ETF	0.00%

Return for Risk

HYS vs. BSJO — Risk / Return Rank

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

HYS

HYS Risk / Return Rank: 68
HYS Sharpe Ratio Rank: 59
HYS Sortino Ratio Rank: 68
HYS Omega Ratio Rank: 63
HYS Calmar Ratio Rank: 74
HYS 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.

HYS vs. BSJO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PIMCO 0-5 Year High Yield Corporate Bond Index ETF (HYS) 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.

	HYS	BSJO	Difference
Sharpe ratio Return per unit of total volatility	2.04	—	—
Sortino ratio Return per unit of downside risk	3.17	—	—
Omega ratio Gain probability vs. loss probability	1.39	—	—
Calmar ratio Return relative to maximum drawdown	3.77	—	—
Martin ratio Return relative to average drawdown	15.35	—	—
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

	HYS	BSJO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.04	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.82	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.78	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.81	—	—

Drawdowns

HYS vs. BSJO - Drawdown Comparison

The maximum HYS drawdown since its inception was -20.91%, which is greater than BSJO's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for HYS and BSJO.

Drawdown Indicators

	HYS	BSJO	Difference
Max Drawdown Largest peak-to-trough decline	-20.91%	0.00%	-20.91%
Max Drawdown (1Y) Largest decline over 1 year	-1.88%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-4.98%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-10.61%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-20.91%	—	—
Current Drawdown Current decline from peak	-0.14%	0.00%	-0.14%
Average Drawdown Average peak-to-trough decline	-1.53%	0.00%	-1.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.46%	—	—

Volatility

Volatility by Period

	HYS	BSJO	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.23%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.74%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.47%	0.00%	+3.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.26%	0.00%	+6.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.84%	0.00%	+6.84%

HYS vs. BSJO - Expense Ratio Comparison

HYS has a 0.56% expense ratio, which is higher than BSJO's 0.42% expense ratio.

Dividends

HYS vs. BSJO - Dividend Comparison

HYS's dividend yield for the trailing twelve months is around 7.36%, while BSJO has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%	0.00%	0.00%	0.00%
HYS PIMCO 0-5 Year High Yield Corporate Bond Index ETF	7.36%	7.20%	7.43%	6.44%	5.01%	3.74%	4.52%	4.98%	4.64%	5.01%	5.13%	5.22%

Frequently Asked Questions

Which ETF is better, HYS or BSJO?

On fees, BSJO 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, HYS or BSJO?

BSJO is cheaper with a 0.42% expense ratio, compared with 0.56% for HYS.

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

HYS has the higher dividend yield at 7.36%, compared with 0.00% for BSJO.

What is the main difference between HYS and BSJO?

HYS tracks ICE BofA US High Yield Constrained (0-5 Y), while BSJO tracks NASDAQ BulletShares USD High Yield Corporate Bond 2024 TR Index. They also come from different issuers: PIMCO and Invesco. Their fees differ too: 0.56% for HYS and 0.42% for BSJO.