XHYD vs. BSJP

Last updated Jun 4, 2026

XHYD (BondBloxx US High Yield Consumer Non-Cyclicals Sector ETF) and BSJP (Invesco BulletShares 2025 High Yield Corporate Bond ETF) are both High Yield Bonds funds - XHYD tracks the ICE Diversified US Cash Pay High Yield Consumer Non-Cyclical while BSJP tracks the NASDAQ BulletShares USD High Yield Corporate Bond 2025 TR Index. Both are passively managed. A 0.76 correlation means they provide meaningful diversification when combined. XHYD charges 0.35%/yr vs 0.42%/yr for BSJP.

Performance

XHYD vs. BSJP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BondBloxx US High Yield Consumer Non-Cyclicals Sector ETF (XHYD) and Invesco BulletShares 2025 High Yield Corporate Bond ETF (BSJP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

XHYD

• 1D: 0.00%
• 1M: -0.54%
• YTD: 0.44%
• 6M: 0.85%
• 1Y: 5.47%
• 3Y*: 7.51%
• 5Y*: —
• 10Y*: —

BSJP

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

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

XHYD vs. BSJP - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
XHYD BondBloxx US High Yield Consumer Non-Cyclicals Sector ETF	0.44%	8.33%	6.29%	11.75%	-5.80%
BSJP Invesco BulletShares 2025 High Yield Corporate Bond ETF	0.00%	4.46%	8.07%	10.41%	-2.77%

Correlation

The correlation between XHYD and BSJP is 0.08, 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	0.08
Correlation (3Y) Calculated over the trailing 3-year period	0.62
Correlation (All Time) Calculated using the full available price history since Feb 18, 2022	0.76

Over the past year, the correlation between XHYD and BSJP has dropped to 0.08 - well below their long-term average of 0.76, suggesting their price drivers have been diverging.

XHYD vs. BSJP - Sectors Allocation Comparison

Sectors	XHYD	BSJP
Consumer Defensive	29.7%	-
Utilities	23.8%	-
Consumer Cyclical	9.7%	-
Financial Services	2.0%	95.2%
Industrials	1.8%	4.7%
Basic Materials	1.0%	-
Communication Services	-	-
Energy	-	0.1%
Healthcare	-	-
Real Estate	-	-
Technology	-	-

Return for Risk

XHYD vs. BSJP — Risk / Return Rank

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

XHYD

XHYD Risk / Return Rank: 50
XHYD Sharpe Ratio Rank: 45
XHYD Sortino Ratio Rank: 45
XHYD Omega Ratio Rank: 51
XHYD Calmar Ratio Rank: 48
XHYD Martin Ratio Rank: 60

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.

XHYD vs. BSJP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BondBloxx US High Yield Consumer Non-Cyclicals Sector ETF (XHYD) 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.

	XHYD	BSJP	Difference
Sharpe ratio Return per unit of total volatility	1.55	—	—
Sortino ratio Return per unit of downside risk	2.20	—	—
Omega ratio Gain probability vs. loss probability	1.32	—	—
Calmar ratio Return relative to maximum drawdown	2.36	—	—
Martin ratio Return relative to average drawdown	10.53	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	XHYD	BSJP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.55	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.67	—	—

Drawdowns

Drawdown Indicators

	XHYD	BSJP	Difference
Max Drawdown Largest peak-to-trough decline	-11.02%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-2.49%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-3.70%	—	—
Current Drawdown Current decline from peak	-1.08%	—	—
Average Drawdown Average peak-to-trough decline	-2.04%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	0.56%	—	—

Volatility

Volatility by Period

	XHYD	BSJP	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.83%	—	—
Volatility (6M) Calculated over the trailing 6-month period	3.28%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.79%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.15%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.15%	—	—

XHYD vs. BSJP - Expense Ratio Comparison

XHYD has a 0.35% expense ratio, which is lower than BSJP's 0.42% expense ratio.

Dividends

XHYD vs. BSJP - Dividend Comparison

XHYD's dividend yield for the trailing twelve months is around 5.31%, more than BSJP's 2.26% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
BSJP Invesco BulletShares 2025 High Yield Corporate Bond ETF	2.26%	4.50%	6.25%	7.07%	5.37%	4.27%	4.96%	5.49%	5.84%	1.32%
XHYD BondBloxx US High Yield Consumer Non-Cyclicals Sector ETF	5.31%	5.83%	6.32%	5.80%	5.01%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XHYD and BSJP in my portfolio?

XHYD and BSJP have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XHYD or BSJP?

On fees, XHYD is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XHYD or BSJP?

XHYD is cheaper with a 0.35% expense ratio, compared with 0.42% for BSJP.

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

XHYD has the higher dividend yield at 5.31%, compared with 2.26% for BSJP.

What is the main difference between XHYD and BSJP?

XHYD tracks ICE Diversified US Cash Pay High Yield Consumer Non-Cyclical, while BSJP tracks NASDAQ BulletShares USD High Yield Corporate Bond 2025 TR Index. They also come from different issuers: BondBloxx and Invesco. Their fees differ too: 0.35% for XHYD and 0.42% for BSJP.