BSJR vs JHHY
Invesco BulletShares 2027 High Yield Corporate Bond ETF vs John Hancock High Yield ETF
Which is better, BSJR or JHHY?
Each has led over a different period.
BSJR has a lower expense ratio. BSJR led over 1Y, JHHY over the full window. The two have moved almost in lockstep, correlation 0.93.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BSJR | JHHY |
|---|---|---|
| Expense Ratio | 0.42%Best | 0.52% |
| AUM | $945M | $133M |
| Dividend Yield | 5.51% | 7.19% |
| Holdings | 193 | 561 |
| YTD Return | +2.10%Best | -0.35% |
| 1Y Return | +3.18%Best | +1.35% |
| 3Y Return (annualized) | +7.94% | - |
| 5Y Return (annualized) | +3.25% | - |
| Volatility (annualized) | 2.2%Best | 3.9% |
| Max Drawdown | -3.1%Best | -5.0% |
| $10,000 over 2.5 years | $11,664 | $11,669Best |
| Fund Family | Invesco (US) | John Hancock Investment Management |
| Category | Fixed Income | Fixed Income |
| Style | High Yield Bond | High Yield Bond |
| Inception | Sep 12, 2019 | May 1, 2024 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.5 years row, are measured over the window both funds cover: May 2, 2024 to Oct 14, 2026 (2.5 years).
BSJR vs JHHY growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.5 years both funds cover.
BSJR vs JHHY Performance
Invesco BulletShares 2027 High Yield Corporate Bond ETF (BSJR) is an ETF from Invesco (US) and John Hancock High Yield ETF (JHHY) is an ETF from John Hancock Investment Management. Over the past year BSJR returned +3.18% while JHHY returned +1.35%. Year to date, BSJR is up 2.10% versus a loss of 0.35% for JHHY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JHHY has been the more volatile fund, with annualized monthly volatility of 3.9% compared with 2.2% for BSJR. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -3.1% for BSJR and -5.0% for JHHY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
BSJR charges 0.42% per year while JHHY charges 0.52%. On a $10,000 position that is $42 vs $52 annually, a gap of $10 per year that compounds over a long holding period. On income, BSJR currently yields 5.51% against 7.19% for JHHY.
Holdings Overlap
At least 16.2% of BSJR's money is in holdings JHHY also owns.
Stated as a floor: for JHHY, our book for it covers 62.7% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
BSJR and JHHY share little of their money.
11 positions in common, counted across the 88 positions we hold weights for in BSJR and 409 in JHHY, against full books of 193 and 561.
Top Shared Holdings
| Stock | Weight in BSJR | Weight in JHHY | Difference |
|---|---|---|---|
| VENLNG 9.875 02/01/3Venture Global 9.875% 02/01/32 | 3.74% | 0.04% | 3.70% |
| CYH 10.875 01/15/32 | 2.86% | 0.16% | 2.70% |
| EQMSRM 9 05/15/28 14Equipmentshare.Com Inc Corp. Note 2028-05-15 | 1.88% | 0.13% | 1.75% |
| GTX 7.75 05/31/32 14Garrett Motion Hld/Sarl 7.75% 31May2032 | 1.41% | 0.10% | 1.31% |
| RIG 8.75 02/15/30 14Transocean Inc 8.75% 15Feb2030 | 1.41% | 0.03% | 1.38% |
| EQMSRM 8.625 05/15/3Equipmentshare.Com Inccorp. Note | 1.09% | 0.19% | 0.90% |
| HUDAUT 8 05/15/32 14Cougar Jv Subsidiary Llc 8% 15May2032 | 1.20% | 0.07% | 1.13% |
| JEFCAP 9.5 02/15/29 | 0.69% | 0.19% | 0.50% |
| BBWI 7.5 06/15/29Bath & Body Works Inc 7.5 06/15/2029 | 0.81% | 0.06% | 0.75% |
| KSS 10 06/01/30 144AKohls Corp 144A 10% Jun 01, 2030 | 0.67% | 0.03% | 0.64% |
You are not choosing between two funds in isolation.
Whichever of BSJR and JHHY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BSJR or JHHY?
BSJR has an expense ratio of 0.42% while JHHY charges 0.52%. BSJR is the cheaper option, by $10 a year on a $10,000 investment.
Which performed better, BSJR or JHHY?
Over the past year BSJR returned +3.18% vs +1.35% for JHHY, so BSJR leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BSJR or JHHY?
JHHY has been the more volatile fund at 3.9% annualized versus 2.2% for BSJR. Worst drawdown: BSJR -3.1% vs JHHY -5.0%.
Should I hold both BSJR and JHHY?
BSJR and JHHY have a monthly-return correlation of 0.93, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between BSJR and JHHY?
At least 16.2% of BSJR's money is in holdings JHHY also owns. Our book for JHHY is partial, so the real figure is this or higher. They hold 11 positions in common, counted across the 88 positions we hold weights for in BSJR and 409 in JHHY.
Which pays a higher dividend, BSJR or JHHY?
BSJR yields 5.51% while JHHY yields 7.19%, so JHHY currently pays the higher dividend yield.
Is JHHY better than BSJR?
BSJR has a lower expense ratio. BSJR led over 1Y, JHHY over the full window. The two have moved almost in lockstep, correlation 0.93. Which one suits a particular account depends on what it is for. This is information, not a recommendation.