ABI vs. DYLD

Last updated Jul 12, 2026

ABI (VictoryShares Pioneer Asset-Based Income ETF) and DYLD (LeaderShares Dynamic Yield ETF) are both Multisector Bonds funds. Over the past year, ABI returned 5.29% vs 3.44% for DYLD. At a 0.36 correlation, their price movements are largely independent. ABI charges 0.65%/yr vs 0.75%/yr for DYLD.

Performance

ABI vs. DYLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VictoryShares Pioneer Asset-Based Income ETF (ABI) and LeaderShares Dynamic Yield ETF (DYLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ABI achieves a 3.12% return, which is significantly higher than DYLD's 0.99% return.

ABI

• 1D: 0.04%
• 1M: 0.36%
• 6M: 2.69%
• YTD: 3.12%
• 1Y: 5.29%
• 3Y*: —
• 5Y*: —
• 10Y*: —

DYLD

• 1D: -0.04%
• 1M: 0.04%
• 6M: 0.92%
• YTD: 0.99%
• 1Y: 3.44%
• 3Y*: 4.52%
• 5Y*: 0.88%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ABI vs. DYLD - Yearly Performance Comparison

	2026 (YTD)	2025
ABI VictoryShares Pioneer Asset-Based Income ETF	3.12%	2.05%
DYLD LeaderShares Dynamic Yield ETF	0.99%	2.52%

Correlation

The correlation between ABI and DYLD is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.38
Correlation (All Time) Calculated using the full available price history since Jun 26, 2025	0.36

Return for Risk

ABI vs. DYLD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ABI

ABI Risk / Return Rank: 96
ABI Sharpe Ratio Rank: 98
ABI Sortino Ratio Rank: 98
ABI Omega Ratio Rank: 98
ABI Calmar Ratio Rank: 94
ABI Martin Ratio Rank: 91

DYLD

DYLD Risk / Return Rank: 58
DYLD Sharpe Ratio Rank: 51
DYLD Sortino Ratio Rank: 53
DYLD Omega Ratio Rank: 54
DYLD Calmar Ratio Rank: 64
DYLD Martin Ratio Rank: 66

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ABI vs. DYLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for VictoryShares Pioneer Asset-Based Income ETF (ABI) and LeaderShares Dynamic Yield ETF (DYLD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ABI	DYLD	Difference
Sharpe ratio: Return per unit of total volatility	4.20	1.41	+2.79
Sortino ratio: Return per unit of downside risk	6.39	2.09	+4.30
Omega ratio: Gain probability vs. loss probability	2.03	1.27	+0.76
Calmar ratio: Return relative to maximum drawdown	5.63	2.56	+3.07
Martin ratio: Return relative to average drawdown	17.08	9.45	+7.63

ABI vs. DYLD - Sharpe Ratio Comparison

The current ABI Sharpe Ratio is 4.20, which is higher than the DYLD Sharpe Ratio of 1.41. The chart below compares the historical Sharpe Ratios of ABI and DYLD, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ABI vs. DYLD - Drawdown Comparison

The maximum ABI drawdown since its inception was -0.95%, smaller than the maximum DYLD drawdown of -15.03%. Use the drawdown chart below to compare losses from any high point for ABI and DYLD.

Drawdown Indicators

	ABI	DYLD	Difference
Max Drawdown Largest peak-to-trough decline	-0.95%	-15.03%	+14.08%
Max Drawdown (1Y) Largest decline over 1 year	-0.95%	-1.32%	+0.37%
Max Drawdown (3Y) Largest decline over 3 years	—	-3.40%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-15.03%	—
Current Drawdown Current decline from peak	-0.00%	-0.33%	+0.33%
Average Drawdown Average peak-to-trough decline	-0.17%	-5.07%	+4.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.31%	0.36%	-0.05%

Volatility

ABI vs. DYLD - Volatility Comparison

The current volatility for VictoryShares Pioneer Asset-Based Income ETF (ABI) is 0.34%, while LeaderShares Dynamic Yield ETF (DYLD) has a volatility of 0.47%. This indicates that ABI experiences smaller price fluctuations and is considered to be less risky than DYLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ABI	DYLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.34%	0.47%	-0.13%
Volatility (6M) Calculated over the trailing 6-month period	0.81%	1.93%	-1.12%
Volatility (1Y) Calculated over the trailing 1-year period	1.28%	2.40%	-1.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.26%	4.35%	-3.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.26%	4.35%	-3.09%

ABI vs. DYLD - Expense Ratio Comparison

ABI has a 0.65% expense ratio, which is lower than DYLD's 0.75% expense ratio.

Dividends

ABI vs. DYLD - Dividend Comparison

ABI's dividend yield for the trailing twelve months is around 6.21%, more than DYLD's 4.30% yield.

Position	TTM	2025	2024	2023	2022	2021
ABI VictoryShares Pioneer Asset-Based Income ETF	6.21%	3.01%	0.00%	0.00%	0.00%	0.00%
DYLD LeaderShares Dynamic Yield ETF	4.30%	4.20%	4.58%	3.43%	1.54%	1.02%

Frequently Asked Questions

Can I hold both ABI and DYLD in my portfolio?

ABI and DYLD have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ABI or DYLD?

DYLD has higher volatility (0.47%) compared to ABI (0.34%). In terms of maximum drawdown, ABI dropped -0.95% vs DYLD's -15.03%.

Which ETF is better, ABI or DYLD?

On 1-year performance, ABI leads with 5.29% vs 3.44% for DYLD. On fees, ABI is cheaper at 0.65% per year. On volatility, ABI has been the lower-risk option at 0.34%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ABI or DYLD?

Over the 1-year period, ABI has performed better with a 5.29% return vs 3.44%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ABI or DYLD?

ABI is cheaper with a 0.65% expense ratio, compared with 0.75% for DYLD.

Which ETF pays a higher dividend yield, ABI or DYLD?

ABI has the higher dividend yield at 6.21%, compared with 4.30% for DYLD.

What is the main difference between ABI and DYLD?

They also come from different issuers: VictoryShares and LeaderShares. Their fees differ too: 0.65% for ABI and 0.75% for DYLD.

Which has better risk-adjusted returns?

ABI currently has the higher Sharpe Ratio (4.20 vs 1.41), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.