Correlation
The correlation between BGHSX and HYDW is 0.40, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
BGHSX vs. HYDW
Compare and contrast key facts about BrandywineGLOBAL - High Yield Fund (BGHSX) and Xtrackers Low Beta High Yield Bond ETF (HYDW).
BGHSX is managed by Franklin Templeton Investments. It was launched on Dec 3, 2014. HYDW is a passively managed fund by Deutsche Bank that tracks the performance of the Solactive USD High Yield Corporates Total Market Low Beta Index. It was launched on Jan 11, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BGHSX or HYDW.
Performance
BGHSX vs. HYDW - Performance Comparison
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Key characteristics
BGHSX:
1.77
HYDW:
1.72
BGHSX:
2.78
HYDW:
2.78
BGHSX:
1.47
HYDW:
1.40
BGHSX:
1.69
HYDW:
3.04
BGHSX:
6.19
HYDW:
14.08
BGHSX:
1.23%
HYDW:
0.59%
BGHSX:
3.88%
HYDW:
4.49%
BGHSX:
-18.15%
HYDW:
-17.75%
BGHSX:
-1.68%
HYDW:
-0.05%
Returns By Period
In the year-to-date period, BGHSX achieves a 0.14% return, which is significantly lower than HYDW's 3.49% return.
BGHSX
0.14%
0.50%
0.38%
6.83%
7.63%
4.75%
2.43%
HYDW
3.49%
0.83%
2.61%
7.64%
5.53%
3.64%
N/A
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BGHSX vs. HYDW - Expense Ratio Comparison
BGHSX has a 0.54% expense ratio, which is higher than HYDW's 0.20% expense ratio.
Risk-Adjusted Performance
BGHSX vs. HYDW — Risk-Adjusted Performance Rank
BGHSX
HYDW
BGHSX vs. HYDW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BrandywineGLOBAL - High Yield Fund (BGHSX) and Xtrackers Low Beta High Yield Bond ETF (HYDW). 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.
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Dividends
BGHSX vs. HYDW - Dividend Comparison
BGHSX's dividend yield for the trailing twelve months is around 6.92%, more than HYDW's 5.88% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
BGHSX BrandywineGLOBAL - High Yield Fund | 6.92% | 7.39% | 6.95% | 6.34% | 6.30% | 0.00% | 0.00% | 0.00% |
HYDW Xtrackers Low Beta High Yield Bond ETF | 5.88% | 5.35% | 5.69% | 4.78% | 3.30% | 4.45% | 4.56% | 4.42% |
Drawdowns
BGHSX vs. HYDW - Drawdown Comparison
The maximum BGHSX drawdown since its inception was -18.15%, roughly equal to the maximum HYDW drawdown of -17.75%. Use the drawdown chart below to compare losses from any high point for BGHSX and HYDW.
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Volatility
BGHSX vs. HYDW - Volatility Comparison
BrandywineGLOBAL - High Yield Fund (BGHSX) and Xtrackers Low Beta High Yield Bond ETF (HYDW) have volatilities of 1.24% and 1.19%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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