BSJS - BSJS Vs. IBHH: Comparing 2028 HY Corporate Bond ETFs
2024-03-28 09:00:00 ET
Summary
- Both iShares and Invesco offer a series of HY bond ETFs that only hold bonds that mature within a single calendar year.
- Here I review & compare the iShares iBonds 2028 Term High Yield Income ETF against the Invesco BulletShares 2028 High Yield Corporate Bond ETF.
- After comparing these two ETFs and then their YTM value against others in both series, I gave the BSJS ETF a Buy rating; with the IBHH ETF getting a Hold.
Introduction
As readers of my fixed income ladder articles know, I own several bonds or notes rated below investment-grade, affectionately referred to as Junk bonds. As one would expect, some deserved that classification and I didn’t sell two until after getting burned badly. One solution was adding both the iShares iBonds 2029 Term High Yield and Income ETF ( IBHI ) and the iShares iBonds 2028 Term High Yield and Income ETF ( IBHH ), which I will review and compare to a close competitor, the Invesco BulletShares 2028 High Yield Corporate Bond ETF ( BSJS )....
BSJS Vs. IBHH: Comparing 2028 HY Corporate Bond ETFs