Fixed Income: U.S. - Corporate, Broad-based High Yield Intermediate

BSJR Top Performer Intra-day
Price $24.12
Today’s Change 0.02%
10:11am 09/24/2020
BSJO Bottom Performer Intra-day
Price $23.93
Today’s Change -0.33%
10:38am 09/24/2020

ETF.com Insight

With 8 ETFs and over $3.17B in combined AUM, the Fixed Income: U.S. - Corporate, Broad-based High Yield Intermediate segment provides exposure to the U.S. space with a focus on High Yield securities.

Year-to-date, the best-performing ETF in the segment is the Invesco Fundamental High Yield Corporate Bond ETF (PHB), with a total return of -0.21%. Meanwhile, the most popular ETF is the Invesco BulletShares 2021 High Yield Corporate Bond ETF (BSJL) with $972.75MB in assets under management.

Investors should take a look at the (). This fund has been chosen as an Analyst Pick by FactSet, thus is the best ETF for the average investor. has an expense ratio of -- and tracks the .

ETF.com Efficiency Insight

The average efficiency score in the Fixed Income: U.S. - Corporate, Broad-based High Yield Intermediate segment is 74 out of 100, with the Invesco BulletShares 2024 High Yield Corporate Bond ETF(BSJO) obtaining the highest rating of 80 out of 100.

Costs dominate the discussion around efficiency. ETFs in the segment have an average expense ratio of 0.43% per year, with the Invesco BulletShares 2023 High Yield Corporate Bond ETF (BSJN) having the lowest expense ratio, charging investors 0.42% yearly.

Investors should look for funds with tight tracking, such as the Invesco BulletShares 2024 High Yield Corporate Bond ETF (BSJO), with a 12-month median tracking difference of -0.21%.

Tracking Difference (12 Month)

ETF.com Tradability Insight

The average tradability score in the Fixed Income: U.S. - Corporate, Broad-based High Yield Intermediate segment is 88 out of 100, with the Invesco BulletShares 2021 High Yield Corporate Bond ETF(BSJL) obtaining the highest rating of 98 out of 100.

The Invesco Fundamental High Yield Corporate Bond ETF (PHB) is the undisputed segment leader when it comes to liquidity. The fund trades 9.76M in daily average volume. Investors should also find ample liquidity in the Invesco BulletShares 2022 High Yield Corporate Bond ETF (BSJM), with $4.21M in daily dollar volume.

Use limit orders to trade funds such as the Invesco BulletShares 2027 High Yield Corporate Bond ETF(BSJR), due to their double-digit market spreads.

ETF.com/ Block Liquidity

BSJL
5
4
3
2
1
PHB
5
4
3
2
1
BSJM
5
4
3
2
1
BSJN
5
4
3
2
1
BSJO
5
4
3
2
1
BSJP
5
4
3
2
1
BSJQ
5
4
3
2
1
BSJR
5
4
3
2
1
This measurement shows how easy it is to trade 25,000 shares of each ETF.

ETF.com Fit Insight

The Bloomberg Barclays Intermediate US High Yield Index has been selected as the index that most accurately represents the market in question. The benchmark has been selected by the ETF Analytics team at FactSet, according to a series of guidelines to ensure this index accurately captures its market.

Investors trying to match a broad market exposure should pay attention to . This fund obtains a high Fit score and investors should capture market-like returns.

Other funds diverge from the market, by nature of their investment mandates; for example, follows a strategy and obtains a low Fit score compared with our neutral benchmark.

Index Methodology