SHYG vs. BSJP
SHYG (iShares 0-5 Year High Yield Corporate Bond ETF) and BSJP (Invesco BulletShares 2025 High Yield Corporate Bond ETF) are both High Yield Bonds funds - SHYG tracks the Markit iBoxx USD Liquid High Yield 0-5 Index while BSJP tracks the NASDAQ BulletShares USD High Yield Corporate Bond 2025 TR Index. Both are passively managed. A 0.79 correlation means they provide meaningful diversification when combined. SHYG charges 0.30%/yr vs 0.42%/yr for BSJP.
Performance
SHYG vs. BSJP - Performance Comparison
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Returns By Period
SHYG
- 1D
- 0.14%
- 1M
- 0.24%
- 6M
- 1.54%
- YTD
- 1.97%
- 1Y
- 5.64%
- 3Y*
- 7.81%
- 5Y*
- 4.81%
- 10Y*
- 5.01%
BSJP
- 1D
- —
- 1M
- —
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SHYG vs. BSJP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SHYG iShares 0-5 Year High Yield Corporate Bond ETF | 1.97% | 7.94% | 8.17% | 10.38% | -4.71% | 4.60% | 3.15% | 9.93% | 0.02% | 0.36% |
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 SHYG and BSJP is -0.00, 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 | -0.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.60 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.81 |
Correlation (All Time) Calculated using the full available price history since Sep 27, 2017 | 0.79 |
The correlation between SHYG and BSJP shifts across timeframes, from -0.00 (1 year) to 0.81 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
SHYG vs. BSJP — Risk / Return Rank
SHYG
BSJP
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
SHYG vs. BSJP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares 0-5 Year High Yield Corporate Bond ETF (SHYG) 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.
| SHYG | BSJP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.36 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.24 | — | — |
| Martin ratioReturn relative to average drawdown | 14.15 | — | — |
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Drawdowns
SHYG vs. BSJP - Drawdown Comparison
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Drawdown Indicators
| SHYG | BSJP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.26% | — | — |
Max Drawdown (1Y)Largest decline over 1 year | -1.75% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -4.53% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -9.39% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -19.26% | — | — |
Current DrawdownCurrent decline from peak | -0.14% | — | — |
Average DrawdownAverage peak-to-trough decline | -1.43% | — | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.40% | — | — |
Volatility
SHYG vs. BSJP - Volatility Comparison
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Volatility by Period
| SHYG | BSJP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.61% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 2.58% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.16% | — | — |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.74% | — | — |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.39% | — | — |
SHYG vs. BSJP - Expense Ratio Comparison
SHYG has a 0.30% expense ratio, which is lower than BSJP's 0.42% expense ratio.
Dividends
SHYG vs. BSJP - Dividend Comparison
SHYG's dividend yield for the trailing twelve months is around 7.01%, 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% |
SHYG iShares 0-5 Year High Yield Corporate Bond ETF | 7.01% | 7.03% | 6.93% | 6.54% | 5.57% | 4.83% | 5.07% | 5.33% | 5.90% | 5.49% | 5.53% | 5.17% |
Frequently Asked Questions
SHYG and BSJP have a correlation of -0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SHYG is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SHYG is cheaper with a 0.30% expense ratio, compared with 0.42% for BSJP.
SHYG has the higher dividend yield at 7.01%, compared with 1.89% for BSJP.
SHYG tracks Markit iBoxx USD Liquid High Yield 0-5 Index, while BSJP tracks NASDAQ BulletShares USD High Yield Corporate Bond 2025 TR Index. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.30% for SHYG and 0.42% for BSJP.
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