PGHY vs. BSJO
Compare and contrast key facts about Invesco Global Short Term High Yield Bond ETF (PGHY) and Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO).
PGHY and BSJO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PGHY is a passively managed fund by Invesco that tracks the performance of the DB Global Short Maturity High Yield Bond Index. It was launched on Jun 20, 2013. 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. Both PGHY and BSJO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PGHY or BSJO.
Correlation
The correlation between PGHY and BSJO is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
PGHY vs. BSJO - Performance Comparison
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Key characteristics
Returns By Period
PGHY
2.99%
2.43%
2.76%
8.11%
5.69%
4.23%
BSJO
N/A
N/A
N/A
N/A
N/A
N/A
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PGHY vs. BSJO - Expense Ratio Comparison
PGHY has a 0.35% expense ratio, which is lower than BSJO's 0.42% expense ratio.
Risk-Adjusted Performance
PGHY vs. BSJO — Risk-Adjusted Performance Rank
PGHY
BSJO
PGHY vs. BSJO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Global Short Term High Yield Bond ETF (PGHY) 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.
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Dividends
PGHY vs. BSJO - Dividend Comparison
PGHY's dividend yield for the trailing twelve months is around 7.42%, while BSJO has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PGHY Invesco Global Short Term High Yield Bond ETF | 7.42% | 7.49% | 7.87% | 5.12% | 5.17% | 5.45% | 5.32% | 5.45% | 5.52% | 6.26% | 4.60% | 4.41% |
BSJO Invesco BulletShares 2024 High Yield Corporate Bond ETF | 3.36% | 5.38% | 6.05% | 4.89% | 4.05% | 4.51% | 5.11% | 5.69% | 4.69% | 1.39% | 0.00% | 0.00% |
Drawdowns
PGHY vs. BSJO - Drawdown Comparison
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Volatility
PGHY vs. BSJO - Volatility Comparison
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