BSJV vs PHB
Invesco BulletShares 2031 High Yield Corporate Bond ETF vs Invesco Fundamental High Yield Corporate Bond ETF
Which is better, BSJV or PHB?
Nearly the same fund. BSJV costs less.
BSJV has a lower expense ratio. BSJV led over the full window, PHB over 1Y. The two have moved almost in lockstep, correlation 0.96.
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 | BSJV | PHB |
|---|---|---|
| Expense Ratio | 0.42%Best | 0.50% |
| AUM | $128M | $387M |
| Dividend Yield | 6.86% | 5.06% |
| Holdings | 494 | 268 |
| Volatility (annualized) | 6.1% | 4.6%Best |
| Max Drawdown | -4.7% | -4.0%Best |
| $10,000 over 2.4 years | $12,910Best | $12,249 |
| Fund Family | Invesco (US) | Invesco (US) |
| Category | Fixed Income | Fixed Income |
| Style | High Yield Bond | High Yield Bond |
| Inception | Sep 20, 2023 | Nov 15, 2007 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 236 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. BSJV has data through Oct 14, 2026 and PHB through Feb 20, 2026.
Volatility and max drawdown, and the $10,000 over 2.4 years row, are measured over the window both funds cover: Sep 20, 2023 to Feb 20, 2026 (2.4 years).
Risk: Volatility and Drawdowns
BSJV has been the more volatile fund, with annualized monthly volatility of 6.1% compared with 4.6% for PHB. 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 -4.7% for BSJV and -4.0% for PHB. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.96. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
BSJV charges 0.42% per year while PHB charges 0.50%. On a $10,000 position that is $42 vs $50 annually, a gap of $8 per year that compounds over a long holding period. On income, BSJV currently yields 6.86% against 5.06% for PHB.
Holdings Overlap
At least 15.0% of PHB's money is in holdings BSJV also owns.
Stated as a floor: for BSJV, our book for it covers 54.7% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
PHB and BSJV share little of their money.
The two holdings books were reported 350 days apart, BSJV as of Sep 15, 2026 and PHB as of Sep 30, 2025, so some of the difference between them is the time between the two reports rather than the funds.
40 positions in common, counted across the 148 positions we hold weights for in BSJV and 260 in PHB, against full books of 494 and 268.
Top Shared Holdings
| Stock | Weight in BSJV | Weight in PHB | Difference |
|---|---|---|---|
| SIRI 3.875 09/01/31 | 0.62% | 0.67% | 0.05% |
| OGN 5.125 04/30/31 1Organon Finance 1 Llc | 0.74% | 0.46% | 0.28% |
| JBLU 9.875 09/20/31 | 0.79% | 0.39% | 0.40% |
| COIN 3.625 10/01/31 | 0.30% | 0.87% | 0.57% |
| CIVI 8.75 07/01/31 1Civitas Resources Inc 144A 8.75% Jul 1, 2031 | 0.66% | 0.42% | 0.24% |
| CAR 8 02/15/31 144AAvis Budget Car Rental Llc 8 2/15/2031 | 0.37% | 0.69% | 0.32% |
| GAP 3.875 10/01/31 1Gap Inc 144A 3.88% Oct 1, 2031 | 0.32% | 0.57% | 0.25% |
| AA 7.125 03/15/31 14Alcoa Nederland Holding Bv 7.125 03/15/2031 | 0.36% | 0.51% | 0.15% |
| POST 4.5 09/15/31 14Post Holdings Inc 4.5% 15Sep2031 | 0.42% | 0.42% | 0.00% |
| URI 3.875 02/15/31United Rentals (north America) Inc 3.88% Feb 15, 2031 | 0.46% | 0.36% | 0.10% |
You are not choosing between two funds in isolation.
Whichever of BSJV and PHB 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, BSJV or PHB?
BSJV has an expense ratio of 0.42% while PHB charges 0.50%. BSJV is the cheaper option, by $8 a year on a $10,000 investment.
Which is riskier, BSJV or PHB?
BSJV has been the more volatile fund at 6.1% annualized versus 4.6% for PHB. Worst drawdown: BSJV -4.7% vs PHB -4.0%.
Should I hold both BSJV and PHB?
BSJV and PHB have a monthly-return correlation of 0.96, 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 BSJV and PHB?
At least 15.0% of PHB's money is in holdings BSJV also owns. Our book for BSJV is partial, so the real figure is this or higher. They hold 40 positions in common, counted across the 148 positions we hold weights for in BSJV and 260 in PHB.
Which pays a higher dividend, BSJV or PHB?
BSJV yields 6.86% while PHB yields 5.06%, so BSJV currently pays the higher dividend yield.
Is PHB better than BSJV?
BSJV has a lower expense ratio. BSJV led over the full window, PHB over 1Y. The two have moved almost in lockstep, correlation 0.96. Which one suits a particular account depends on what it is for. This is information, not a recommendation.