IHYF vs. BSJU
Compare and contrast key facts about Invesco High Yield Bond Factor ETF (IHYF) and Invesco Bulletshares 2030 High Yield Corporate Bond ETF (BSJU).
IHYF and BSJU are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IHYF is an actively managed fund by Invesco. It was launched on Nov 30, 2020. BSJU is a passively managed fund by Invesco that tracks the performance of the Invesco BulletShares High Yield Corporate Bond 2030 Index. It was launched on Sep 6, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IHYF or BSJU.
Correlation
The correlation between IHYF and BSJU is 0.80, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
IHYF vs. BSJU - Performance Comparison
Key characteristics
IHYF:
2.10
BSJU:
1.52
IHYF:
3.08
BSJU:
2.20
IHYF:
1.42
BSJU:
1.27
IHYF:
4.09
BSJU:
3.05
IHYF:
14.28
BSJU:
10.78
IHYF:
0.58%
BSJU:
0.70%
IHYF:
3.95%
BSJU:
4.96%
IHYF:
-15.96%
BSJU:
-7.51%
IHYF:
-1.51%
BSJU:
-2.12%
Returns By Period
The year-to-date returns for both stocks are quite close, with IHYF having a 7.44% return and BSJU slightly lower at 7.38%.
IHYF
7.44%
0.02%
4.92%
8.02%
N/A
N/A
BSJU
7.38%
-1.27%
3.75%
7.59%
N/A
N/A
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IHYF vs. BSJU - Expense Ratio Comparison
IHYF has a 0.39% expense ratio, which is lower than BSJU's 0.42% expense ratio.
Risk-Adjusted Performance
IHYF vs. BSJU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco High Yield Bond Factor ETF (IHYF) and Invesco Bulletshares 2030 High Yield Corporate Bond ETF (BSJU). 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.
Dividends
IHYF vs. BSJU - Dividend Comparison
IHYF's dividend yield for the trailing twelve months is around 6.62%, more than BSJU's 6.40% yield.
TTM | 2023 | 2022 | 2021 | |
---|---|---|---|---|
Invesco High Yield Bond Factor ETF | 6.62% | 6.76% | 6.16% | 4.87% |
Invesco Bulletshares 2030 High Yield Corporate Bond ETF | 6.40% | 6.74% | 2.38% | 0.00% |
Drawdowns
IHYF vs. BSJU - Drawdown Comparison
The maximum IHYF drawdown since its inception was -15.96%, which is greater than BSJU's maximum drawdown of -7.51%. Use the drawdown chart below to compare losses from any high point for IHYF and BSJU. For additional features, visit the drawdowns tool.
Volatility
IHYF vs. BSJU - Volatility Comparison
The current volatility for Invesco High Yield Bond Factor ETF (IHYF) is 1.24%, while Invesco Bulletshares 2030 High Yield Corporate Bond ETF (BSJU) has a volatility of 1.53%. This indicates that IHYF experiences smaller price fluctuations and is considered to be less risky than BSJU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.