JPHY vs. BSJO

Last updated Apr 2, 2026

Compare and contrast key facts about JPMorgan High Yield Research Enhanced ETF (JPHY) and Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO).

JPHY and BSJO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JPHY is an actively managed fund by JPMorgan. It was launched on Sep 14, 2016. BSJO is a passively managed fund by Invesco that tracks the performance of the NASDAQ BulletShares USD High Yield Corporate Bond 2024 TR Index. It was launched on Sep 14, 2016.

Performance

JPHY vs. BSJO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan High Yield Research Enhanced ETF (JPHY) and Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO). The values are adjusted to include any dividend payments, if applicable.

JPHY vs. BSJO - Yearly Performance Comparison

	2026 (YTD)
JPHY JPMorgan High Yield Research Enhanced ETF	-0.36%
BSJO Invesco BulletShares 2024 High Yield Corporate Bond ETF	0.00%

Returns By Period

JPHY

• 1D: 0.22%
• 1M: -0.10%
• YTD: 0.38%
• 6M: 1.54%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BSJO

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

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

JPHY vs. BSJO - Expense Ratio Comparison

JPHY has a 0.24% expense ratio, which is lower than BSJO's 0.42% expense ratio.

BSJO

Invesco BulletShares 2024 High Yield Corporate Bond ETF

JPHY

JPMorgan High Yield Research Enhanced ETF

Return for Risk

JPHY vs. BSJO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan High Yield Research Enhanced ETF (JPHY) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	JPHY	BSJO	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.87	—	—

Dividends

JPHY vs. BSJO - Dividend Comparison

JPHY's dividend yield for the trailing twelve months is around 4.91%, while BSJO has not paid dividends to shareholders.

	TTM	2025
JPHY JPMorgan High Yield Research Enhanced ETF	4.91%	3.32%
BSJO Invesco BulletShares 2024 High Yield Corporate Bond ETF	0.00%	0.00%

Drawdowns

JPHY vs. BSJO - Drawdown Comparison

The maximum JPHY drawdown since its inception was -1.65%, which is greater than BSJO's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for JPHY and BSJO.

Drawdown Indicators

	JPHY	BSJO	Difference
Max Drawdown Largest peak-to-trough decline	-1.65%	0.00%	-1.65%
Current Drawdown Current decline from peak	-0.43%	0.00%	-0.43%
Average Drawdown Average peak-to-trough decline	-0.23%	0.00%	-0.23%

Volatility

Volatility by Period

	JPHY	BSJO	Difference
Volatility (1Y) Calculated over the trailing 1-year period	3.09%	0.00%	+3.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.09%	0.00%	+3.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.09%	0.00%	+3.09%