BSJU vs IBHG

BSJUBInvesco BulletShares 2030 High Yield Corporate Bond ETF

IBHGAiShares iBonds 2027 Term High Yield and Income ETF

In short

BSJU A junk-bond ladder rung with an expiration date: roughly 200 high yield corporate bonds all maturing around 2030, monthly payouts, then the fund winds up in December 2030 and hands back what the portfolio is worth.

IBHG Most target-maturity bond ETFs stick to Treasuries and investment grade. IBHG runs the same ladder-rung playbook in high yield: a basket of dollar-denominated junk and other income bonds all maturing in 2027.

Stated mandate

BSJU The fund seeks to track the investment results of the Invesco BulletShares USD High Yield Corporate Bond 2030 Index before fees and expenses. It invests at least 80% of total assets in corporate bonds in that index.

IBHG The fund seeks to track an index of U.S.-dollar-denominated, high-yield and other income-generating corporate bonds maturing in 2027.

Why people hold it

• BSJU Designed to terminate in December 2030 and distribute its net assets in cash, so the rung ends itself. No roll decision, no reinvestment homework.invesco.com
• One ticket spreads default risk across roughly 200 high yield issues, the kind of diversification that is hard to build buying junk bonds one at a time.
• Pays monthly, and duration shrinks on a schedule as 2030 approaches, which is the whole point of a dated bond fund.invesco.com
• Index-tracking and plain: at least 80% of assets sit in the corporate bonds of its 2030 high yield index. What you see in the name is what you own.

• IBHG A rare rung: it tracks the Bloomberg 2027 Term High Yield and Income Index, so you get a dated high yield slice instead of a bond fund that rolls its maturities forever.
• The 2027 end date sits in the mandate itself, which is what makes ladder-building possible: stack terms, know when each rung comes due.
• Income lands monthly, and credit risk is spread across roughly 90 bonds rather than a handful of names.

Worth knowing

• BSJU The 0.42% fee is the price of the junk-bond niche. Invesco's own 2030 investment grade rung (BSCU) runs 0.10%.
• No par value waiting at the end. The final payout is whatever the bonds are worth, and high yield issuers can default or call early.prnewswire.com
• In the maturity year's final stretch, holdings mature or get called and the portfolio drifts to cash and T-bills, so income tapers before the close.invesco.comprnewswire.com

• IBHG It charges 0.35% a year against a target-maturity cohort that typically runs near 0.10%. High yield credit work costs more than buying Treasuries.
• High yield means issuer default and downgrade risk, a different animal from the Treasury and investment-grade rungs of the same shelf (IBTJ, IBDU).
• The clock cuts both ways. As 2027 approaches the portfolio shortens and the fund is built to wind down, not to keep running.

Full BSJU profile⁠

Full IBHG profile⁠