BSJS vs SIHY
Invesco BulletShares 2028 High Yield Corporate Bond ETF vs Harbor Ares Systematic High Yield ETF
Which is better, BSJS or SIHY?
Nearly the same fund. BSJS costs less.
BSJS has a lower expense ratio. BSJS led over 1Y, SIHY over 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.97.
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 | BSJS | SIHY |
|---|---|---|
| Expense Ratio | 0.42%Best | 0.48% |
| AUM | $776M | $135M |
| Dividend Yield | 6.15% | 7.16% |
| Holdings | 349 | 435 |
| YTD Return | +2.24%Best | +0.69% |
| 1Y Return | +3.71%Best | +2.64% |
| 3Y Return (annualized) | +8.69% | +8.78%Best |
| 5Y Return (annualized) | +3.13% | +4.46%Best |
| Volatility (annualized) | 7.7% | 7.3%Best |
| Max Drawdown | -17.7% | -13.3%Best |
| $10,000 over 5 years | $11,666 | $12,438Best |
| Fund Family | Invesco (US) | Harbor Funds |
| Category | Fixed Income | Fixed Income |
| Style | High Yield Bond | High Yield Bond |
| Inception | Sep 16, 2020 | Sep 14, 2021 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 16, 2021 to Oct 14, 2026 (5.1 years).
BSJS vs SIHY 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 5.1 years both funds cover.
BSJS vs SIHY Performance
Invesco BulletShares 2028 High Yield Corporate Bond ETF (BSJS) is an ETF from Invesco (US) and Harbor Ares Systematic High Yield ETF (SIHY) is an ETF from Harbor Funds. Over the past year BSJS returned +3.71% while SIHY returned +2.64%. Year to date, BSJS is up 2.24% versus a gain of 0.69% for SIHY.
Over three years, BSJS compounded at +8.69% per year against +8.78% for SIHY; over five years the annualized figures are +3.13% and +4.46% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BSJS has been the more volatile fund, with annualized monthly volatility of 7.7% compared with 7.3% for SIHY. 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 -17.7% for BSJS and -13.3% for SIHY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.97. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
BSJS charges 0.42% per year while SIHY charges 0.48%. On a $10,000 position that is $42 vs $48 annually, a gap of $6 per year that compounds over a long holding period. On income, BSJS currently yields 6.15% against 7.16% for SIHY.
Holdings Overlap
We hold position weights for 155 holdings in BSJS and 173 in SIHY, totalling 92.9% and 69.2% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 14 positions appear in both.
14 positions in common, counted across the 155 positions we hold weights for in BSJS and 173 in SIHY, against full books of 349 and 435.
Top Shared Holdings
| Stock | Weight in BSJS | Weight in SIHY | Difference |
|---|---|---|---|
| FAIRIC 4 06/15/28 14Fair Isaac Corp 4 06/15/2028 | 0.86% | 0.28% | 0.58% |
| UAN 6.125 06/15/28 1Cvr Partners Lp/Cvr Nitrogen Finan 6.12% 06/15/2028 | 0.55% | 0.57% | 0.02% |
| WNC 4.5 10/15/28 144Wabash National Corp 4.5 10/15/2028 | 0.37% | 0.63% | 0.26% |
| DHC 4.75 02/15/28Diversified Healthcare T 4.75 02/15/2028 | 0.47% | 0.50% | 0.03% |
| FCFS 4.625 09/01/28 | 0.47% | 0.37% | 0.10% |
| MHO 4.95 02/01/28M / I Homes Inc Sr Nt 4.95 2028-02-01 | 0.39% | 0.38% | 0.01% |
| PTC 4 02/15/28 144APtc Inc 4% 02/15/2028 144A | 0.47% | 0.25% | 0.22% |
| IRM 5 07/15/28 144AIron Mountain Inc 144a 5.000000% 07/15/2028 | 0.49% | 0.14% | 0.35% |
| CLW 4.75 08/15/28 14Clearwater Paper Corp Regd 144a P/p 4.75000000 | 0.26% | 0.32% | 0.06% |
| CASCN 5.375 01/15/28Cascades Inc. 144A 5.38% Jan 15, 2028 | 0.32% | 0.25% | 0.07% |
You are not choosing between two funds in isolation.
Whichever of BSJS and SIHY 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, BSJS or SIHY?
BSJS has an expense ratio of 0.42% while SIHY charges 0.48%. BSJS is the cheaper option, by $6 a year on a $10,000 investment.
Which performed better, BSJS or SIHY?
Over the past year BSJS returned +3.71% vs +2.64% for SIHY, so BSJS leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BSJS or SIHY?
BSJS has been the more volatile fund at 7.7% annualized versus 7.3% for SIHY. Worst drawdown: BSJS -17.7% vs SIHY -13.3%.
Should I hold both BSJS and SIHY?
BSJS and SIHY have a monthly-return correlation of 0.97, 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.
Which pays a higher dividend, BSJS or SIHY?
BSJS yields 6.15% while SIHY yields 7.16%, so SIHY currently pays the higher dividend yield.
Is SIHY better than BSJS?
BSJS has a lower expense ratio. BSJS led over 1Y, SIHY over 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.97. Which one suits a particular account depends on what it is for. This is information, not a recommendation.