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NUHY vs. BSJP
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

NUHY vs. BSJP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nuveen ESG High Yield Corporate Bond ETF (NUHY) and Invesco BulletShares 2025 High Yield Corporate Bond ETF (BSJP). The values are adjusted to include any dividend payments, if applicable.

0.00%2.00%4.00%6.00%JuneJulyAugustSeptemberOctoberNovember
5.83%
3.96%
NUHY
BSJP

Returns By Period

The year-to-date returns for both investments are quite close, with NUHY having a 7.48% return and BSJP slightly higher at 7.58%.


NUHY

YTD

7.48%

1M

0.47%

6M

5.42%

1Y

12.41%

5Y (annualized)

2.87%

10Y (annualized)

N/A

BSJP

YTD

7.58%

1M

0.49%

6M

3.87%

1Y

9.44%

5Y (annualized)

4.72%

10Y (annualized)

N/A

Key characteristics


NUHYBSJP
Sharpe Ratio2.614.82
Sortino Ratio4.169.29
Omega Ratio1.522.21
Calmar Ratio1.9621.80
Martin Ratio19.1185.69
Ulcer Index0.66%0.11%
Daily Std Dev4.84%1.97%
Max Drawdown-20.14%-23.58%
Current Drawdown-0.39%-0.03%

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NUHY vs. BSJP - Expense Ratio Comparison

NUHY has a 0.30% expense ratio, which is lower than BSJP's 0.42% expense ratio.


BSJP
Invesco BulletShares 2025 High Yield Corporate Bond ETF
Expense ratio chart for BSJP: current value at 0.42% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.42%
Expense ratio chart for NUHY: current value at 0.30% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.30%

Correlation

-0.50.00.51.00.8

The correlation between NUHY and BSJP is 0.79, 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.

Risk-Adjusted Performance

NUHY vs. BSJP - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Nuveen ESG High Yield Corporate Bond ETF (NUHY) and Invesco BulletShares 2025 High Yield Corporate Bond ETF (BSJP). 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.


Sharpe ratio
The chart of Sharpe ratio for NUHY, currently valued at 2.61, compared to the broader market0.002.004.002.614.82
The chart of Sortino ratio for NUHY, currently valued at 4.16, compared to the broader market-2.000.002.004.006.008.0010.0012.004.169.29
The chart of Omega ratio for NUHY, currently valued at 1.52, compared to the broader market0.501.001.502.002.503.001.522.21
The chart of Calmar ratio for NUHY, currently valued at 1.96, compared to the broader market0.005.0010.0015.001.9621.80
The chart of Martin ratio for NUHY, currently valued at 19.11, compared to the broader market0.0020.0040.0060.0080.00100.0019.1185.69
NUHY
BSJP

The current NUHY Sharpe Ratio is 2.61, which is lower than the BSJP Sharpe Ratio of 4.82. The chart below compares the historical Sharpe Ratios of NUHY and BSJP, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio1.002.003.004.005.00JuneJulyAugustSeptemberOctoberNovember
2.61
4.82
NUHY
BSJP

Dividends

NUHY vs. BSJP - Dividend Comparison

NUHY's dividend yield for the trailing twelve months is around 6.64%, less than BSJP's 6.75% yield.


TTM2023202220212020201920182017
NUHY
Nuveen ESG High Yield Corporate Bond ETF
6.64%6.65%6.36%4.88%5.11%1.37%0.00%0.00%
BSJP
Invesco BulletShares 2025 High Yield Corporate Bond ETF
6.75%7.07%5.37%4.26%4.95%5.50%5.84%1.32%

Drawdowns

NUHY vs. BSJP - Drawdown Comparison

The maximum NUHY drawdown since its inception was -20.14%, smaller than the maximum BSJP drawdown of -23.58%. Use the drawdown chart below to compare losses from any high point for NUHY and BSJP. For additional features, visit the drawdowns tool.


-1.50%-1.00%-0.50%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.39%
-0.03%
NUHY
BSJP

Volatility

NUHY vs. BSJP - Volatility Comparison

Nuveen ESG High Yield Corporate Bond ETF (NUHY) has a higher volatility of 1.15% compared to Invesco BulletShares 2025 High Yield Corporate Bond ETF (BSJP) at 0.43%. This indicates that NUHY's price experiences larger fluctuations and is considered to be riskier than BSJP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.40%0.60%0.80%1.00%1.20%1.40%1.60%JuneJulyAugustSeptemberOctoberNovember
1.15%
0.43%
NUHY
BSJP