PFIG vs. BSJP

Last updated Jun 24, 2026

PFIG (Invesco Fundamental Investment Grade Corporate Bond ETF) and BSJP (Invesco BulletShares 2025 High Yield Corporate Bond ETF) are both exchange-traded funds - PFIG is a Corporate Bonds fund tracking the RAFI Bonds US Investment Grade 1-10 Index, while BSJP is a High Yield Bonds fund tracking the NASDAQ BulletShares USD High Yield Corporate Bond 2025 TR Index. Both are passively managed. At a 0.29 correlation, their price movements are largely independent. PFIG charges 0.22%/yr vs 0.42%/yr for BSJP.

Performance

PFIG vs. BSJP - Performance Comparison

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

Returns By Period

PFIG

• 1D: 0.09%
• 1M: 0.33%
• YTD: 0.31%
• 6M: 0.46%
• 1Y: 4.07%
• 3Y*: 5.33%
• 5Y*: 1.34%
• 10Y*: 2.42%

BSJP

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

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

PFIG vs. BSJP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PFIG Invesco Fundamental Investment Grade Corporate Bond ETF	0.31%	7.87%	3.13%	6.93%	-9.96%	-1.43%	7.72%	9.69%	-0.82%	0.39%
BSJP Invesco BulletShares 2025 High Yield Corporate Bond ETF	0.00%	4.46%	8.07%	10.41%	-5.16%	4.57%	4.16%	16.89%	-4.66%	0.43%

Correlation

The correlation between PFIG and BSJP is 0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.07
Correlation (3Y) Calculated over the trailing 3-year period	0.40
Correlation (5Y) Calculated over the trailing 5-year period	0.42
Correlation (All Time) Calculated using the full available price history since Sep 27, 2017	0.29

Over the past year, the correlation between PFIG and BSJP has dropped to 0.07 - well below their long-term average of 0.29, suggesting their price drivers have been diverging.

Return for Risk

PFIG vs. BSJP — Risk / Return Rank

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

PFIG

PFIG Risk / Return Rank: 42
PFIG Sharpe Ratio Rank: 41
PFIG Sortino Ratio Rank: 42
PFIG Omega Ratio Rank: 38
PFIG Calmar Ratio Rank: 45
PFIG Martin Ratio Rank: 43

BSJP

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

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PFIG vs. BSJP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Fundamental Investment Grade Corporate Bond ETF (PFIG) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	PFIG	BSJP	Difference
Sharpe ratio: Return per unit of total volatility	1.34	—	—
Sortino ratio: Return per unit of downside risk	2.01	—	—
Omega ratio: Gain probability vs. loss probability	1.24	—	—
Calmar ratio: Return relative to maximum drawdown	2.10	—	—
Martin ratio: Return relative to average drawdown	6.56	—	—

Drawdowns

Drawdown Indicators

	PFIG	BSJP	Difference
Max Drawdown Largest peak-to-trough decline	-15.58%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-1.94%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-3.52%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-15.58%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-15.58%	—	—
Current Drawdown Current decline from peak	-0.85%	—	—
Average Drawdown Average peak-to-trough decline	-2.46%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	0.62%	—	—

Volatility

Volatility by Period

	PFIG	BSJP	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.90%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.28%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.06%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.92%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.21%	—	—

PFIG vs. BSJP - Expense Ratio Comparison

PFIG has a 0.22% expense ratio, which is lower than BSJP's 0.42% expense ratio.

Dividends

PFIG vs. BSJP - Dividend Comparison

PFIG's dividend yield for the trailing twelve months is around 4.42%, more than BSJP's 1.89% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BSJP Invesco BulletShares 2025 High Yield Corporate Bond ETF	1.89%	4.50%	6.25%	7.07%	5.37%	4.27%	4.96%	5.49%	5.84%	1.32%	0.00%	0.00%
PFIG Invesco Fundamental Investment Grade Corporate Bond ETF	4.42%	4.15%	4.12%	3.54%	2.58%	3.34%	2.81%	2.92%	2.88%	2.54%	2.58%	2.57%

Frequently Asked Questions

Can I hold both PFIG and BSJP in my portfolio?

PFIG and BSJP have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PFIG or BSJP?

On fees, PFIG is cheaper at 0.22% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PFIG or BSJP?

PFIG is cheaper with a 0.22% expense ratio, compared with 0.42% for BSJP.

Which ETF pays a higher dividend yield, PFIG or BSJP?

PFIG has the higher dividend yield at 4.42%, compared with 1.89% for BSJP.

What is the main difference between PFIG and BSJP?

PFIG is categorized as Corporate Bonds, while BSJP is High Yield Bonds. PFIG tracks RAFI Bonds US Investment Grade 1-10 Index, while BSJP tracks NASDAQ BulletShares USD High Yield Corporate Bond 2025 TR Index. Their fees differ too: 0.22% for PFIG and 0.42% for BSJP.