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IHYAX vs. BSJN
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between IHYAX and BSJN is 0.47, 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.


Performance

IHYAX vs. BSJN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Voya High Yield Bond Fund (IHYAX) and Invesco BulletShares 2023 High Yield Corporate Bond ETF (BSJN). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Returns By Period


IHYAX

YTD

2.40%

1M

2.76%

6M

2.77%

1Y

7.99%

5Y*

5.13%

10Y*

3.92%

BSJN

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

*Annualized

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IHYAX vs. BSJN - Expense Ratio Comparison

IHYAX has a 1.04% expense ratio, which is higher than BSJN's 0.42% expense ratio.


Risk-Adjusted Performance

IHYAX vs. BSJN — Risk-Adjusted Performance Rank

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

IHYAX
The Risk-Adjusted Performance Rank of IHYAX is 9494
Overall Rank
The Sharpe Ratio Rank of IHYAX is 9494
Sharpe Ratio Rank
The Sortino Ratio Rank of IHYAX is 9494
Sortino Ratio Rank
The Omega Ratio Rank of IHYAX is 9494
Omega Ratio Rank
The Calmar Ratio Rank of IHYAX is 9494
Calmar Ratio Rank
The Martin Ratio Rank of IHYAX is 9595
Martin Ratio Rank

BSJN
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

IHYAX vs. BSJN - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Voya High Yield Bond Fund (IHYAX) and Invesco BulletShares 2023 High Yield Corporate Bond ETF (BSJN). 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

IHYAX vs. BSJN - Dividend Comparison

IHYAX's dividend yield for the trailing twelve months is around 6.35%, while BSJN has not paid dividends to shareholders.


TTM20242023202220212020201920182017201620152014
IHYAX
Voya High Yield Bond Fund
6.35%6.41%6.47%5.34%4.82%5.01%5.18%5.65%5.20%5.17%5.54%5.44%
BSJN
Invesco BulletShares 2023 High Yield Corporate Bond ETF
0.00%0.00%4.80%4.16%3.60%4.67%5.38%5.58%4.97%4.72%1.05%0.00%

Drawdowns

IHYAX vs. BSJN - Drawdown Comparison


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Volatility

IHYAX vs. BSJN - Volatility Comparison


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