BSJY vs IBHJ: Grades, Fees and Holdings Compared

Invesco Bulletshares 2034 High Yield Corporate Bond ETF

BSJYDNasdaq

iShares iBonds 2030 Term High Yield and Income ETF

IBHJACboe

Overlap

No data

Expense ratio

IBHJ −0.07pt a year

BSJY0.42%IBHJ0.35%

Avg volume · 30D

IBHJ 25.9×the volume

BSJY1.77KIBHJ45.9K

BSJY vs IBHJ Performance

Jul 31, 2026 – Nov 2, 2026

−2.0%BSJY−1.1%IBHJ

Expense ratio: BSJY 0.42%; IBHJ 0.35%, better
Fund size: BSJY $5M; IBHJ $201M
1Y total return: BSJY No data; IBHJ +2.6%
Yield (12M): BSJY No data; IBHJ 7.44%
Holdings: BSJY 96; IBHJ 287
Avg volume (30D): BSJY 1.77K sh; IBHJ 45.9K sh, better
NAV per share: BSJY $23.78; IBHJ $25.50
52W range

ETF.net Grade

Pillar letters and Scores for BSJY, IBHJ, with each pillar’s weight
Pillar	BSJY	IBHJ
Cost30% weight	F23	A85Higher
Mission25% weight	Not scored	A100
Risk15% weight	C48	B55Higher
Tradability15% weight	F19	D34Higher
Holdings10% weight	D39	A97Higher
Durability5% weight	F9	B69Higher

Rank among Defined-Maturity High Yield funds

How we build Categories ›

Same Category. BSJY and IBHJ are both graded against the same 21 Defined-Maturity High Yield funds, so their Grades compare head to head.

Defined-Maturity High Yield⁠

Category · 21 funds

See all 21 ›

IBHJ ranks 3rd and BSJY 21st of 21 funds in the Defined-Maturity High Yield Category.

Rank 1AIBHFiShares iBonds 2026 Term High Yield and Income ETFScore 79
Rank 2AIBHIiShares iBonds 2029 Term High Yield and Income ETFScore 78
Rank 3AIBHGiShares iBonds 2027 Term High Yield and Income ETFScore 76
Rank 3AIBHJiShares iBonds 2030 Term High Yield and Income ETFScore 76
Rank 5AIBHHiShares iBonds 2028 Term High Yield and Income ETFScore 75
Rank 18CMYHCState Street My2029 High Yield Corporate Bond ETFScore 40
Rank 21DBSJYInvesco Bulletshares 2034 High Yield Corporate Bond ETFScore 28

Our read on each fund

ETF.net Research

BSJYDInvesco Bulletshares 2034 High Yield Corporate Bond ETF

IBHJAiShares iBonds 2030 Term High Yield and Income ETF

In short

BSJY Junk bonds with a due date. BSJY holds high-yield corporates maturing in 2034, then winds up and pays out its net assets, giving a roughly 90-bond portfolio the shape of a single bond held to maturity.

IBHJ A junk-bond fund with an end date. IBHJ holds roughly 300 high-yield corporate bonds all maturing around 2030, then winds up and pays out: the maturity-date discipline of a single bond, spread across a portfolio.

Stated mandate

BSJY The fund seeks to track an index representing US dollar-denominated, high-yield corporate bonds whose effective maturities occur in 2034.

IBHJ The fund seeks to track an index of high-yield and income-generating corporate bonds maturing in 2030.

Why people hold it

BSJY Designed to terminate in December of its maturity year and hand back net assets automatically, so you get a bond-style end date inside an ETF wrapper.invesco.com
Roughly 90 high-yield bonds instead of one, so a single issuer going bad takes a smaller bite than it would out of an individual bond.
Duration winds down as the maturity year nears, and in the final year matured proceeds sit in cash equivalents such as T-bills and commercial paper.invesco.com invesco.com 2
Part of the BulletShares family, launched in 2010, with rungs spanning many maturity years, which makes stacking a ladder from one lineup straightforward.globenewswire.com invesco.com

IBHJ Defined maturity is the whole point. The fund terminates on or about December 15 of its named year and distributes substantially all net assets to then-current holders, a bond-style end date on a high-yield sleeve.ishares.com
About 300 bonds instead of one issuer's fate. In high yield, that spread matters: a single default is a dent in the portfolio rather than the whole position.ishares.com
Pays monthly, and it sits in a full iBonds lineup of maturity years, so rungs can be built around it without leaving the same index family.ishares.com

Worth knowing

BSJY Costs 0.42% a year, above the 0.35% charged by the iShares iBonds term high-yield rungs (IBHF, IBHG, IBHH, IBHI, IBHJ).
A 2026 launch with a small asset base and light trading, which tends to show up as wider bid-ask spreads.
Invesco's own language: distributions vary over time, and the split between income and liquidation proceeds is not predictable when you buy.invesco.com invesco.com 2

IBHJ At 0.35% a year, it charges more than the plain investment-grade target-maturity rungs (IBDU and BSCU run 0.10%). That gap is the price of the high-yield version.
Thinly traded next to the larger target-maturity funds, so bid-ask spreads can be wider and bigger orders take more care to fill.
These are non-investment-grade bonds, with greater default and price risk than higher-rated debt. Distributions vary rather than acting like a fixed coupon, and the portfolio shifts to cash in the final months.ishares.com

Full BSJY profile⁠

Full IBHJ profile⁠

BSJY vs IBHJ Holdings

How BSJY and IBHJ differ

No overlap figure

Two bond funds rarely hold the same issues.

Level by level

Countryby domicile88.6%
Asset classFixed Income100%

Sector

No Sector split for BSJY.

Country, concentration and asset class

Country by domicile

Country weights in BSJY and IBHJ, widest gap first
Country	More in BSJYMore in IBHJ	BSJY	IBHJ
United States	BSJY +7.2 points	92.1%	84.9%
Japan	BSJY +3.6 points	5.4%	1.8%
Canada	IBHJ +2.3 points	1.4%	3.7%
Luxembourg	IBHJ +1.9 points	0.5%	2.4%
Ireland	IBHJ +1.6 points	0.0%	1.6%
Netherlands	IBHJ +1.2 points	0.0%	1.2%
United Kingdom	IBHJ +1.0 points	0.0%	1.0%
Cayman Islands	IBHJ +0.9 points	0.0%	0.9%
Other countries (6)	IBHJ +1.8 points	0.7%	2.5%

Concentration

Weight in the 10 largest Holdings

BSJY24.5%
IBHJ12.8%

Securities held

BSJY95
IBHJ285

Asset class

BSJY: Fixed Income
IBHJ: Fixed Income

Holdings

Two bond funds rarely hold the same issues, so this page lists no shared Holdings. BSJY holds 95 securities, IBHJ 285.

All 95 BSJY holdings⁠All 286 IBHJ holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

BSJY vs IBHJ Cost

Overpaying BSJY vs IBHJ

$1,346

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

BSJY 0.42%
$8,472
IBHJ 0.35%
$7,126

Amount$10,000

Years30 years

Cost over time

BSJY 0.42%
IBHJ 0.35%
Overpaying

Year by year

Year	BSJY	IBHJ	Overpaying
10	$759	$634	$125
20	$2,927	$2,454	$473
30	$8,472	$7,126	$1,346

Expense ratio

0.42%BSJY
0.35%IBHJ, cheaper

IBHJ0.35%BSJY0.42%

0.35%0.43%

Middle half of Defined-Maturity High Yield funds
Median 0.39%

IBHJ cheapest of 21 funds

BSJY 13th cheapest of 21 funds

BSJY vs IBHJ Dividends

Last 12 months to Nov 2, 2026

Yield (12M): BSJY No data; IBHJ 7.44%
Payout (12M): BSJY No data; IBHJ $1.89
Last payment: BSJY $0.14; IBHJ $0.15
Ex-dividend: BSJY Oct 19, 2026; IBHJ Nov 2, 2026
Paid on: BSJY Oct 23, 2026; IBHJ Pays Nov 5, 2026
Frequency: BSJY Monthly; IBHJ Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

BSJYMonthly · 4 paymentsAll BSJY payments⁠

IBHJMonthly · 40 paymentsAll IBHJ payments⁠

BSJY vs IBHJ Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: BSJY No dataIBHJ 5.0%
Return per unit of riskSharpe ratio, 3 years: BSJY No dataIBHJ 0.88
Worst fallMax drawdown, 5 years: BSJY No dataIBHJ −4.9%since Jun 2023
Market sensitivityBeta, 5 years: BSJY 0.07IBHJ 0.76; Market = 1

Popular comparisons

BSJYDvsIBHFA
Invesco Bulletshares 2034 High Yield Corporate Bond ETF · iShares iBonds 2026 Term High Yield and Income ETF
Expense ratio
0.42% · 0.35%
Category
IBHJAvsIBHFA
iShares iBonds 2030 Term High Yield and Income ETF · iShares iBonds 2026 Term High Yield and Income ETF
Expense ratio
0.35% · 0.35%
Category
BSJYDvsIBHIA
Invesco Bulletshares 2034 High Yield Corporate Bond ETF · iShares iBonds 2029 Term High Yield and Income ETF
Expense ratio
0.42% · 0.35%
Category
IBHJAvsIBHIA
iShares iBonds 2030 Term High Yield and Income ETF · iShares iBonds 2029 Term High Yield and Income ETF
Expense ratio
0.35% · 0.35%
Category
BSJYDvsIBHGA
Invesco Bulletshares 2034 High Yield Corporate Bond ETF · iShares iBonds 2027 Term High Yield and Income ETF
Expense ratio
0.42% · 0.35%
Category
IBHJAvsIBHGA
iShares iBonds 2030 Term High Yield and Income ETF · iShares iBonds 2027 Term High Yield and Income ETF
Expense ratio
0.35% · 0.35%
Category