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

Key characteristics


NUHYBSJP
YTD Return7.90%7.61%
1Y Return15.17%10.36%
3Y Return (Ann)1.94%4.23%
5Y Return (Ann)2.85%4.62%
Sharpe Ratio2.825.05
Sortino Ratio4.559.96
Omega Ratio1.572.30
Calmar Ratio1.7223.68
Martin Ratio21.8193.87
Ulcer Index0.66%0.11%
Daily Std Dev5.08%2.04%
Max Drawdown-20.14%-23.58%
Current Drawdown0.00%0.00%

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.

Performance

NUHY vs. BSJP - Performance Comparison

The year-to-date returns for both stocks are quite close, with NUHY having a 7.90% return and BSJP slightly lower at 7.61%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%2.00%4.00%6.00%JuneJulyAugustSeptemberOctoberNovember
6.21%
4.12%
NUHY
BSJP

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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%

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.


NUHY
Sharpe ratio
The chart of Sharpe ratio for NUHY, currently valued at 2.82, compared to the broader market-2.000.002.004.006.002.82
Sortino ratio
The chart of Sortino ratio for NUHY, currently valued at 4.55, compared to the broader market-2.000.002.004.006.008.0010.0012.004.55
Omega ratio
The chart of Omega ratio for NUHY, currently valued at 1.57, compared to the broader market1.001.502.002.503.001.57
Calmar ratio
The chart of Calmar ratio for NUHY, currently valued at 1.72, compared to the broader market0.005.0010.0015.001.72
Martin ratio
The chart of Martin ratio for NUHY, currently valued at 21.81, compared to the broader market0.0020.0040.0060.0080.00100.0021.81
BSJP
Sharpe ratio
The chart of Sharpe ratio for BSJP, currently valued at 5.05, compared to the broader market-2.000.002.004.006.005.05
Sortino ratio
The chart of Sortino ratio for BSJP, currently valued at 9.96, compared to the broader market-2.000.002.004.006.008.0010.0012.009.96
Omega ratio
The chart of Omega ratio for BSJP, currently valued at 2.30, compared to the broader market1.001.502.002.503.002.30
Calmar ratio
The chart of Calmar ratio for BSJP, currently valued at 23.68, compared to the broader market0.005.0010.0015.0023.68
Martin ratio
The chart of Martin ratio for BSJP, currently valued at 93.87, compared to the broader market0.0020.0040.0060.0080.00100.0093.87

NUHY vs. BSJP - Sharpe Ratio Comparison

The current NUHY Sharpe Ratio is 2.82, which is lower than the BSJP Sharpe Ratio of 5.05. 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
2.82
5.05
NUHY
BSJP

Dividends

NUHY vs. BSJP - Dividend Comparison

NUHY's dividend yield for the trailing twelve months is around 6.62%, less than BSJP's 6.80% yield.


TTM2023202220212020201920182017
NUHY
Nuveen ESG High Yield Corporate Bond ETF
6.62%6.65%6.36%4.88%5.11%1.37%0.00%0.00%
BSJP
Invesco BulletShares 2025 High Yield Corporate Bond ETF
6.80%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%JuneJulyAugustSeptemberOctoberNovember00
NUHY
BSJP

Volatility

NUHY vs. BSJP - Volatility Comparison

Nuveen ESG High Yield Corporate Bond ETF (NUHY) has a higher volatility of 1.13% compared to Invesco BulletShares 2025 High Yield Corporate Bond ETF (BSJP) at 0.52%. 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.


0.50%1.00%1.50%2.00%JuneJulyAugustSeptemberOctoberNovember
1.13%
0.52%
NUHY
BSJP