DHF vs BSMW

Comparison between BNY Mellon High Yield Strategies Fund (DHF, ETF) and Invesco BulletShares 2032 Municipal Bond ETF (BSMW, ETF).

DHF vs BSMW - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	DHF(ETF)	BSMW(ETF)
Net Assets	$198M	$197M
Expense Ratio	N/A	0.18%
Max Drawdown	84.99%	9.40%
Sharpe Ratio	0.18	0.98
5Y Beta	0.40	-0.03
5Y Dividends CAGR	-2.48%	N/A

Net Assets

Winner

DHF

$198M

BSMW

$197M

Expense Ratio

DHF

N/A

BSMW

0.18%

Max Drawdown

DHF

84.99%

Winner

BSMW

9.40%

Sharpe Ratio

DHF

0.18

Winner

BSMW

0.98

5Y Beta

DHF

0.40

Winner

BSMW

-0.03

5Y Dividends CAGR

DHF

-2.48%

BSMW

N/A

DHF vs BSMW - Historical Returns

Returns include dividend reinvestment.

Period	DHF	BSMW
1 month	+0.21%	+0.63%
3 months	+2.10%	-0.06%
6 months	-0.15%	+1.47%
1 year	+4.72%	+6.39%
5 years(CAGR)	+2.80%	N/A
10 years(CAGR)	+5.65%	N/A
Max(CAGR)	+4.39%	+3.43%

DHF

+0.21%

Winner

BSMW

+0.63%

Winner

DHF

+2.10%

BSMW

-0.06%

DHF

-0.15%

Winner

BSMW

+1.47%

DHF

+4.72%

Winner

BSMW

+6.39%

5Y(CAGR)

DHF

+2.80%

BSMW

N/A

10Y(CAGR)

DHF

+5.65%

BSMW

N/A

Max(CAGR)

Winner

DHF

+4.39%

BSMW

+3.43%

DHF vs BSMW - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	DHF	BSMW
2026	+0.34%	+1.06%
2025	+4.42%	+3.34%
2024	+20.54%	-0.17%
2023	+12.87%	+7.00%
2022	-24.19%	N/A
2021	+11.81%	N/A
2020	+6.03%	N/A
2019	+23.77%	N/A
2018	-10.01%	N/A
2017	+8.75%	N/A
2016	+20.76%	N/A
2015	-5.85%	N/A
2014	-3.44%	N/A
2013	+6.16%	N/A
2012	+2.76%	N/A
2011	+10.98%	N/A
2010	+32.33%	N/A
2009	+77.84%	N/A
2008	-32.39%	N/A
2007	-4.39%	N/A
2006	+17.49%	N/A
2005	-9.02%	N/A
2004	-2.32%	N/A
2003	+56.23%	N/A
2002	-17.18%	N/A
2001	-10.03%	N/A
2000	-30.51%	N/A
1999	-9.65%	N/A

DHF vs BSMW Drawdown Comparison

The maximum drawdown for DHF was -60.22%, occurring on Nov 21, 2008. Recovery took 2542 trading sessions.

The maximum drawdown for BSMW was -7.58%, occurring on Oct 25, 2023. Recovery took 164 trading sessions.

The current DHF drawdown is -3.46%. The current BSMW drawdown is -1.02%.

Rank	DHF	BSMW
#1	-60.22% Nov 3, 1999 - Dec 11, 2009	-7.58% Apr 12, 2023 - Dec 5, 2023
#2	-42.95% Feb 20, 2020 - Nov 23, 2020	-6.44% Dec 3, 2024 - Sep 15, 2025
#3	-37.83% Jun 30, 2021 - Jul 17, 2025	-3.48% Dec 27, 2023 - Aug 2, 2024
#4	-26.16% Jun 23, 2014 - Aug 23, 2016	-3.20% Oct 1, 2024 - Dec 3, 2024
#5	-19.30% Oct 2, 2018 - Apr 1, 2019	-2.92% Feb 27, 2026 - Mar 26, 2026
#6	-17.75% Jun 2, 2011 - Apr 2, 2012	-1.45% Aug 5, 2024 - Oct 1, 2024
#7	-14.63% May 8, 2013 - Apr 3, 2014	-0.69% Mar 17, 2023 - Mar 24, 2023
#8	-14.00% May 2, 2012 - Jan 29, 2013	-0.49% Sep 17, 2025 - Oct 7, 2025
#9	-11.38% Nov 10, 2010 - Feb 14, 2011	-0.37% Nov 11, 2025 - Dec 29, 2025
#10	-11.34% Sep 2, 2016 - Jan 27, 2017	-0.37% Apr 6, 2023 - Apr 11, 2023
#11	-11.34% Apr 5, 2010 - Jul 7, 2010	-0.34% Mar 13, 2023 - Mar 15, 2023
#12	-8.67% Feb 10, 2026 - Mar 20, 2026	-0.30% Mar 1, 2023 - Mar 6, 2023
#13	-7.54% Oct 10, 2017 - Oct 2, 2018	-0.27% Dec 6, 2023 - Dec 13, 2023
#14	-6.34% Jan 12, 2010 - Feb 23, 2010	-0.26% Oct 22, 2025 - Nov 11, 2025
#15	-5.19% Mar 2, 2017 - Apr 10, 2017	-0.23% Dec 20, 2023 - Dec 27, 2023

Correlation

Correlation between DHF and BSMW is 0.83 which considered as a strong positive correlation - the stocks tend to move together.

0.83

-101

Dividend Comparison (2000 - 2026)

DHF vs BSMW dividend yield comparison.

Year	DHF	BSMW
2026	3.63%	1.31%
2025	8.47%	3.24%
2024	8.14%	3.48%
2023	7.86%	2.36%
2022	10.12%	0.00%
2021	8.24%	0.00%
2020	8.60%	0.00%
2019	8.52%	0.00%
2018	10.41%	0.00%
2017	8.98%	0.00%
2016	9.76%	0.00%
2015	11.30%	0.00%
2014	10.14%	0.00%
2013	9.88%	0.00%
2012	10.92%	0.00%
2011	11.51%	0.00%
2010	11.29%	0.00%
2009	9.97%	0.00%
2008	15.74%	0.00%
2007	9.14%	0.00%
2006	9.15%	0.00%
2005	10.66%	0.00%
2004	10.62%	0.00%
2003	11.56%	0.00%
2002	20.33%	0.00%
2001	16.29%	0.00%
2000	7.76%	0.00%