BHYIX vs. CNDX.L
Compare and contrast key facts about BlackRock High Yield Bond Portfolio Institutional Shares (BHYIX) and iShares NASDAQ 100 UCITS ETF (CNDX.L).
BHYIX is managed by Blackrock. It was launched on Nov 19, 1998. CNDX.L is a passively managed fund by iShares that tracks the performance of the NASDAQ-100 Index. It was launched on Jan 26, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BHYIX or CNDX.L.
Key characteristics
| BHYIX | CNDX.L | |
|---|---|---|
| YTD Return | 8.47% | 25.17% |
| 1Y Return | 15.01% | 37.88% |
| 3Y Return (Ann) | 3.52% | 9.72% |
| 5Y Return (Ann) | 4.77% | 21.11% |
| 10Y Return (Ann) | 4.56% | 18.16% |
| Sharpe Ratio | 4.07 | 2.09 |
| Sortino Ratio | 7.07 | 2.82 |
| Omega Ratio | 2.08 | 1.38 |
| Calmar Ratio | 3.69 | 2.76 |
| Martin Ratio | 33.83 | 9.70 |
| Ulcer Index | 0.44% | 3.50% |
| Daily Std Dev | 3.69% | 16.35% |
| Max Drawdown | -34.81% | -35.17% |
| Current Drawdown | 0.00% | -0.03% |
Correlation
The correlation between BHYIX and CNDX.L is 0.49, 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.
Performance
BHYIX vs. CNDX.L - Performance Comparison
In the year-to-date period, BHYIX achieves a 8.47% return, which is significantly lower than CNDX.L's 25.17% return. Over the past 10 years, BHYIX has underperformed CNDX.L with an annualized return of 4.56%, while CNDX.L has yielded a comparatively higher 18.16% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BHYIX vs. CNDX.L - Expense Ratio Comparison
BHYIX has a 0.59% expense ratio, which is higher than CNDX.L's 0.33% expense ratio.
Risk-Adjusted Performance
BHYIX vs. CNDX.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock High Yield Bond Portfolio Institutional Shares (BHYIX) and iShares NASDAQ 100 UCITS ETF (CNDX.L). 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.
Dividends
BHYIX vs. CNDX.L - Dividend Comparison
BHYIX's dividend yield for the trailing twelve months is around 6.92%, more than CNDX.L's 0.02% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BHYIX BlackRock High Yield Bond Portfolio Institutional Shares | 6.92% | 6.68% | 5.86% | 4.74% | 5.12% | 5.56% | 6.19% | 5.63% | 5.60% | 5.69% | 5.93% | 6.10% |
CNDX.L iShares NASDAQ 100 UCITS ETF | 0.02% | 0.05% | 0.06% | 0.03% | 0.04% | 0.07% | 0.06% | 0.30% | 0.16% | 0.16% | 0.19% | 0.16% |
Drawdowns
BHYIX vs. CNDX.L - Drawdown Comparison
The maximum BHYIX drawdown since its inception was -34.81%, roughly equal to the maximum CNDX.L drawdown of -35.17%. Use the drawdown chart below to compare losses from any high point for BHYIX and CNDX.L. For additional features, visit the drawdowns tool.
Volatility
BHYIX vs. CNDX.L - Volatility Comparison
The current volatility for BlackRock High Yield Bond Portfolio Institutional Shares (BHYIX) is 0.73%, while iShares NASDAQ 100 UCITS ETF (CNDX.L) has a volatility of 4.85%. This indicates that BHYIX experiences smaller price fluctuations and is considered to be less risky than CNDX.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.