BSJQ vs VYM

BSJQ vs VYM

Which is better, BSJQ or VYM?

High Yield Bond against Large Cap Value.

VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 86.4%.

Lower Fees: VYMHigher Returns: VYMLess Concentrated: VYM

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

MetricBSJQVYM
Expense Ratio0.43%0.04%Best
AUM$806M$81.6B
Dividend Yield5.53%2.22%
Holdings34613
YTD Return+1.83%+12.29%Best
1Y Return+3.09%+16.61%Best
3Y Return (annualized)+6.45%+17.42%Best
5Y Return (annualized)+3.60%+12.12%Best
Volatility (annualized)7.7%Best15.4%
Max Drawdown-25.0%Best-35.7%
$10,000 over 5 years$11,934$17,718Best
Top 10 Weight86.4%26.1%Best
Fund FamilyInvesco (US)Vanguard (US)
CategoryFixed IncomeEquity
StyleHigh Yield BondLarge Cap Value
InceptionAug 9, 2018Nov 10, 2006

Volatility and max drawdown are measured over the window both funds cover: Aug 9, 2018 to Sep 17, 2026 (8.1 years).

BSJQ vs VYM 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 8.1 years both funds cover.

BSJQ vs VYM Performance

Invesco BulletShares 2026 High Yield Corporate Bond ETF (BSJQ) is an ETF from Invesco (US) and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year BSJQ returned +3.09% while VYM returned +16.61%. Year to date, BSJQ is up 1.83% versus a gain of 12.29% for VYM.

Over three years, BSJQ compounded at +6.45% per year against +17.42% for VYM; over five years the annualized figures are +3.60% and +12.12% respectively. Across the full 8-year window we track, VYM has the edge at +10.06% annualized vs +2.91%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VYM has been the more volatile fund, with annualized monthly volatility of 15.4% compared with 7.7% for BSJQ. 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 -25.0% for BSJQ and -35.7% for VYM. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.76. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

BSJQ charges 0.43% per year while VYM charges 0.04%. On a $10,000 position that is $43 vs $4 annually, a gap of $39 per year that compounds over a long holding period. On income, BSJQ currently yields 5.53% against 2.22% for VYM.

Holdings Overlap

We hold position weights for 20 holdings in BSJQ and 557 in VYM, totalling 95.8% and 99.2% of the two funds. The two books name no position in common, so there is no overlap percentage to show.

0 positions in common, counted across the 20 positions we hold weights for in BSJQ and 557 in VYM, against full books of 34 and 613.

What only one of them owns

Our book lists 528 positions for VYM that do not appear in our book for BSJQ (97.1% of the fund), and 20 for BSJQ that do not appear in VYM (95.8%).

Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.

You are not choosing between two funds in isolation.

Whichever of BSJQ and VYM you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

BSJQVYM

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Frequently Asked Questions

Which is cheaper, BSJQ or VYM?

BSJQ has an expense ratio of 0.43% while VYM charges 0.04%. VYM is the cheaper option, by $39 a year on a $10,000 investment.

Which performed better, BSJQ or VYM?

Over the past year BSJQ returned +3.09% vs +16.61% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (8 years), BSJQ annualized +2.91% vs +10.06% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, BSJQ or VYM?

VYM has been the more volatile fund at 15.4% annualized versus 7.7% for BSJQ. Worst drawdown: BSJQ -25.0% vs VYM -35.7%.

Should I hold both BSJQ and VYM?

BSJQ and VYM have a monthly-return correlation of 0.76, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.

Which pays a higher dividend, BSJQ or VYM?

BSJQ yields 5.53% while VYM yields 2.22%, so BSJQ currently pays the higher dividend yield.

Is VYM better than BSJQ?

VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. VYM is less concentrated, with 26.1% of the fund in its ten largest positions against 86.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.