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HYXF vs. BSJQ
Performance
Return for Risk
Drawdowns
Volatility
Dividends

HYXF vs. BSJQ

Last updated Jun 5, 2026

HYXF (iShares ESG Advanced High Yield Corporate Bond ETF) and BSJQ (Invesco BulletShares 2026 High Yield Corp Bond ETF) are both High Yield Bonds funds - HYXF tracks the Bloomberg MSCI US High Yield Corporate Choice ESG Screened while BSJQ tracks the NASDAQ BulletShares USD High Yield Corporate Bond 2026 TR Index. Both are passively managed. Over the past 5 years, HYXF returned 3.68%/yr vs 3.75%/yr for BSJQ. Their correlation of 0.82 suggests significant overlap in exposure. HYXF charges 0.35%/yr vs 0.42%/yr for BSJQ.

Performance

HYXF vs. BSJQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares ESG Advanced High Yield Corporate Bond ETF (HYXF) and Invesco BulletShares 2026 High Yield Corp Bond ETF (BSJQ). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, HYXF achieves a 1.01% return, which is significantly higher than BSJQ's 0.89% return.

HYXF

1D
0.10%
1M
0.28%
YTD
1.01%
6M
1.57%
1Y
5.76%
3Y*
8.71%
5Y*
3.68%
10Y*
—

BSJQ

1D
0.04%
1M
-0.26%
YTD
0.89%
6M
1.20%
1Y
4.61%
3Y*
7.03%
5Y*
3.75%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

HYXF vs. BSJQ - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
HYXF
iShares ESG Advanced High Yield Corporate Bond ETF		1.01%8.88%8.35%11.87%-11.90%2.60%6.07%14.87%-2.73%
BSJQ
Invesco BulletShares 2026 High Yield Corp Bond ETF		0.89%6.59%7.49%9.83%-7.35%4.53%2.80%16.74%-4.08%

Correlation

The correlation between HYXF and BSJQ is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.66

Correlation (3Y)
Calculated over the trailing 3-year period

0.79

Correlation (5Y)
Calculated over the trailing 5-year period

0.87

Correlation (All Time)
Calculated using the full available price history since Aug 10, 2018

0.82

The correlation between HYXF and BSJQ shifts across timeframes, from 0.66 (1 year) to 0.87 (5 years), reflecting how their relationship changes across market environments.

HYXF vs. BSJQ - Sectors Allocation Comparison

Sectors
HYXF
BSJQ

Communication Services

100.0%
1.8%

Basic Materials

-

-

Consumer Cyclical

-

7.0%

Consumer Defensive

-

-

Energy

-

1.6%

Financial Services

-

39.0%

Healthcare

-

-

Industrials

-

2.1%

Real Estate

-

3.6%

Technology

-

5.0%

Utilities

-

-

Communication Services

HYXF
100.0%
BSJQ
1.8%

Basic Materials

HYXF

-

BSJQ

-

Consumer Cyclical

HYXF

-

BSJQ
7.0%

Consumer Defensive

HYXF

-

BSJQ

-

Energy

HYXF

-

BSJQ
1.6%

Financial Services

HYXF

-

BSJQ
39.0%

Healthcare

HYXF

-

BSJQ

-

Industrials

HYXF

-

BSJQ
2.1%

Real Estate

HYXF

-

BSJQ
3.6%

Technology

HYXF

-

BSJQ
5.0%

Utilities

HYXF

-

BSJQ

-

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares ESG Advanced High Yield Corporate Bond ETF

Invesco BulletShares 2026 High Yield Corp Bond ETF

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Often compared with BSJQ:
BSJQ vs. BSCQBSJQ vs. IBHDBSJQ vs. BSJPBSJQ vs. CLOZBSJQ vs. IBHFBSJQ vs. SPHYBSJQ vs. FBND

Return for Risk

HYXF vs. BSJQ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
HYXF
HYXF Risk / Return Rank: 4949
Overall Rank
HYXF Sharpe Ratio Rank: 4444
Sharpe Ratio Rank
HYXF Sortino Ratio Rank: 4848
Sortino Ratio Rank
HYXF Omega Ratio Rank: 4646
Omega Ratio Rank
HYXF Calmar Ratio Rank: 4646
Calmar Ratio Rank
HYXF Martin Ratio Rank: 5858
Martin Ratio Rank
BSJQ
BSJQ Risk / Return Rank: 9595
Overall Rank
BSJQ Sharpe Ratio Rank: 9292
Sharpe Ratio Rank
BSJQ Sortino Ratio Rank: 9595
Sortino Ratio Rank
BSJQ Omega Ratio Rank: 9696
Omega Ratio Rank
BSJQ Calmar Ratio Rank: 9595
Calmar Ratio Rank
BSJQ Martin Ratio Rank: 9797
Martin Ratio Rank
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.

HYXF vs. BSJQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares ESG Advanced High Yield Corporate Bond ETF (HYXF) and Invesco BulletShares 2026 High Yield Corp Bond ETF (BSJQ). 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.

HYXFBSJQDifference
Sharpe ratioReturn per unit of total volatility
1.54
3.34

-1.81

Sortino ratioReturn per unit of downside risk
2.32
5.24

-2.92

Omega ratioGain probability vs. loss probability

1.29

1.76

-0.47

Calmar ratioReturn relative to maximum drawdown

2.25

8.55

-6.30

Martin ratioReturn relative to average drawdown

10.15

40.68

-30.53

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HYXF vs. BSJQ - Sharpe Ratio Comparison

The current HYXF Sharpe Ratio is 1.54, which is lower than the BSJQ Sharpe Ratio of 3.34. The chart below compares the historical Sharpe Ratios of HYXF and BSJQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

HYXFBSJQDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.54

3.34

-1.81

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.46

0.66

-0.20

Sharpe Ratio (All Time)

Calculated using the full available price history

0.62

0.54

+0.08

Drawdowns

HYXF vs. BSJQ - Drawdown Comparison

The maximum HYXF drawdown since its inception was -18.75%, smaller than the maximum BSJQ drawdown of -24.13%. Use the drawdown chart below to compare losses from any high point for HYXF and BSJQ.

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Drawdown Indicators

HYXFBSJQDifference

Max Drawdown

Largest peak-to-trough decline

-18.75%

-24.13%

+5.38%

Max Drawdown (1Y)

Largest decline over 1 year

-2.57%

-0.54%

-2.03%

Max Drawdown (3Y)

Largest decline over 3 years

-4.81%

-2.66%

-2.15%

Max Drawdown (5Y)

Largest decline over 5 years

-16.00%

-11.95%

-4.05%

Current Drawdown

Current decline from peak

-0.17%

-0.39%

+0.22%

Average Drawdown

Average peak-to-trough decline

-2.58%

-2.17%

-0.41%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.57%

0.11%

+0.46%

Volatility

HYXF vs. BSJQ - Volatility Comparison

iShares ESG Advanced High Yield Corporate Bond ETF (HYXF) has a higher volatility of 1.15% compared to Invesco BulletShares 2026 High Yield Corp Bond ETF (BSJQ) at 0.54%. This indicates that HYXF's price experiences larger fluctuations and is considered to be riskier than BSJQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

HYXFBSJQDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.15%

0.54%

+0.61%

Volatility (6M)

Calculated over the trailing 6-month period

2.92%

0.98%

+1.94%

Volatility (1Y)

Calculated over the trailing 1-year period

3.77%

1.38%

+2.39%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

8.04%

5.73%

+2.31%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

8.32%

8.44%

-0.12%

HYXF vs. BSJQ - Expense Ratio Comparison

HYXF has a 0.35% expense ratio, which is lower than BSJQ's 0.42% expense ratio.

Dividends

HYXF vs. BSJQ - Dividend Comparison

HYXF's dividend yield for the trailing twelve months is around 6.09%, more than BSJQ's 5.83% yield.

PositionTTM2025202420232022202120202019201820172016
BSJQ
Invesco BulletShares 2026 High Yield Corp Bond ETF		5.83%6.10%6.58%6.58%5.58%4.27%4.64%4.59%2.39%0.00%0.00%
HYXF
iShares ESG Advanced High Yield Corporate Bond ETF		6.09%6.19%6.40%5.93%5.37%4.56%4.96%5.29%6.14%5.85%3.16%

Frequently Asked Questions

HYXF and BSJQ have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

HYXF has higher volatility (1.15%) compared to BSJQ (0.54%). In terms of maximum drawdown, HYXF dropped -18.75% vs BSJQ's -24.13%.

On 5-year performance, BSJQ leads with 3.75% vs 3.68% for HYXF. On fees, HYXF is cheaper at 0.35% per year. On volatility, BSJQ has been the lower-risk option at 0.54%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, BSJQ has performed better with a 3.75% return vs 3.68%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

HYXF is cheaper with a 0.35% expense ratio, compared with 0.42% for BSJQ.

HYXF has the higher dividend yield at 6.09%, compared with 5.83% for BSJQ.

HYXF tracks Bloomberg MSCI US High Yield Corporate Choice ESG Screened, while BSJQ tracks NASDAQ BulletShares USD High Yield Corporate Bond 2026 TR Index. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.35% for HYXF and 0.42% for BSJQ.

BSJQ currently has the higher Sharpe Ratio (3.34 vs 1.54), 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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