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PGHY vs. BSJS
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PGHY and BSJS is 0.49, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.5

Performance

PGHY vs. BSJS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Global Short Term High Yield Bond ETF (PGHY) and Invesco BulletShares 2028 High Yield Corporate Bond ETF (BSJS). The values are adjusted to include any dividend payments, if applicable.

10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
19.18%
11.98%
PGHY
BSJS

Key characteristics

Sharpe Ratio

PGHY:

1.95

BSJS:

1.73

Sortino Ratio

PGHY:

2.80

BSJS:

2.62

Omega Ratio

PGHY:

1.37

BSJS:

1.31

Calmar Ratio

PGHY:

4.57

BSJS:

1.90

Martin Ratio

PGHY:

17.30

BSJS:

13.49

Ulcer Index

PGHY:

0.51%

BSJS:

0.60%

Daily Std Dev

PGHY:

4.51%

BSJS:

4.70%

Max Drawdown

PGHY:

-20.50%

BSJS:

-17.73%

Current Drawdown

PGHY:

-1.05%

BSJS:

-1.45%

Returns By Period

In the year-to-date period, PGHY achieves a 8.67% return, which is significantly higher than BSJS's 7.39% return.


PGHY

YTD

8.67%

1M

-0.05%

6M

4.29%

1Y

9.12%

5Y*

3.39%

10Y*

4.23%

BSJS

YTD

7.39%

1M

-0.59%

6M

4.61%

1Y

7.73%

5Y*

N/A

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


PGHY vs. BSJS - Expense Ratio Comparison

PGHY has a 0.35% expense ratio, which is lower than BSJS's 0.42% expense ratio.


BSJS
Invesco BulletShares 2028 High Yield Corporate Bond ETF
Expense ratio chart for BSJS: 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 PGHY: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%

Risk-Adjusted Performance

PGHY vs. BSJS - 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 2028 High Yield Corporate Bond ETF (BSJS). 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 PGHY, currently valued at 1.95, compared to the broader market0.002.004.001.951.73
The chart of Sortino ratio for PGHY, currently valued at 2.80, compared to the broader market-2.000.002.004.006.008.0010.002.802.62
The chart of Omega ratio for PGHY, currently valued at 1.37, compared to the broader market0.501.001.502.002.503.001.371.31
The chart of Calmar ratio for PGHY, currently valued at 4.57, compared to the broader market0.005.0010.0015.004.571.90
The chart of Martin ratio for PGHY, currently valued at 17.30, compared to the broader market0.0020.0040.0060.0080.00100.0017.3013.49
PGHY
BSJS

The current PGHY Sharpe Ratio is 1.95, which is comparable to the BSJS Sharpe Ratio of 1.73. The chart below compares the historical Sharpe Ratios of PGHY and BSJS, 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 Ratio2.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
1.95
1.73
PGHY
BSJS

Dividends

PGHY vs. BSJS - Dividend Comparison

PGHY's dividend yield for the trailing twelve months is around 6.77%, more than BSJS's 6.40% yield.


TTM20232022202120202019201820172016201520142013
PGHY
Invesco Global Short Term High Yield Bond ETF
6.77%7.86%5.12%5.18%5.45%5.33%5.45%5.52%6.26%4.59%4.40%1.90%
BSJS
Invesco BulletShares 2028 High Yield Corporate Bond ETF
6.40%6.75%5.83%4.86%0.75%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

PGHY vs. BSJS - Drawdown Comparison

The maximum PGHY drawdown since its inception was -20.50%, which is greater than BSJS's maximum drawdown of -17.73%. Use the drawdown chart below to compare losses from any high point for PGHY and BSJS. For additional features, visit the drawdowns tool.


-1.50%-1.00%-0.50%0.00%JulyAugustSeptemberOctoberNovemberDecember
-1.05%
-1.45%
PGHY
BSJS

Volatility

PGHY vs. BSJS - Volatility Comparison

Invesco Global Short Term High Yield Bond ETF (PGHY) has a higher volatility of 2.08% compared to Invesco BulletShares 2028 High Yield Corporate Bond ETF (BSJS) at 1.34%. This indicates that PGHY's price experiences larger fluctuations and is considered to be riskier than BSJS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%1.50%2.00%JulyAugustSeptemberOctoberNovemberDecember
2.08%
1.34%
PGHY
BSJS
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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