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BKHY vs. HYGV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BKHY and HYGV is 0.93, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.0
Correlation: 0.9

Performance

BKHY vs. HYGV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BNY Mellon High Yield Beta ETF (BKHY) and FlexShares High Yield Value-Scored US Bond Index Fund (HYGV). The values are adjusted to include any dividend payments, if applicable.

28.00%30.00%32.00%34.00%36.00%38.00%40.00%NovemberDecember2025FebruaryMarchApril
28.66%
33.89%
BKHY
HYGV

Key characteristics

Sharpe Ratio

BKHY:

0.96

HYGV:

0.65

Sortino Ratio

BKHY:

1.22

HYGV:

0.85

Omega Ratio

BKHY:

1.19

HYGV:

1.13

Calmar Ratio

BKHY:

1.09

HYGV:

0.68

Martin Ratio

BKHY:

7.25

HYGV:

4.73

Ulcer Index

BKHY:

0.65%

HYGV:

0.70%

Daily Std Dev

BKHY:

4.90%

HYGV:

5.06%

Max Drawdown

BKHY:

-17.36%

HYGV:

-23.47%

Current Drawdown

BKHY:

-4.29%

HYGV:

-4.88%

Returns By Period

In the year-to-date period, BKHY achieves a -2.18% return, which is significantly higher than HYGV's -2.98% return.


BKHY

YTD

-2.18%

1M

-4.14%

6M

-1.87%

1Y

4.92%

5Y*

N/A

10Y*

N/A

HYGV

YTD

-2.98%

1M

-4.55%

6M

-2.47%

1Y

3.50%

5Y*

7.15%

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


BKHY vs. HYGV - Expense Ratio Comparison

BKHY has a 0.22% expense ratio, which is lower than HYGV's 0.37% expense ratio.


HYGV
FlexShares High Yield Value-Scored US Bond Index Fund
Expense ratio chart for HYGV: current value is 0.37%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
HYGV: 0.37%
Expense ratio chart for BKHY: current value is 0.22%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
BKHY: 0.22%

Risk-Adjusted Performance

BKHY vs. HYGV — Risk-Adjusted Performance Rank

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

BKHY
The Risk-Adjusted Performance Rank of BKHY is 8282
Overall Rank
The Sharpe Ratio Rank of BKHY is 8080
Sharpe Ratio Rank
The Sortino Ratio Rank of BKHY is 7777
Sortino Ratio Rank
The Omega Ratio Rank of BKHY is 8181
Omega Ratio Rank
The Calmar Ratio Rank of BKHY is 8484
Calmar Ratio Rank
The Martin Ratio Rank of BKHY is 8989
Martin Ratio Rank

HYGV
The Risk-Adjusted Performance Rank of HYGV is 7373
Overall Rank
The Sharpe Ratio Rank of HYGV is 7171
Sharpe Ratio Rank
The Sortino Ratio Rank of HYGV is 6767
Sortino Ratio Rank
The Omega Ratio Rank of HYGV is 7171
Omega Ratio Rank
The Calmar Ratio Rank of HYGV is 7474
Calmar Ratio Rank
The Martin Ratio Rank of HYGV is 8383
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

BKHY vs. HYGV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for BNY Mellon High Yield Beta ETF (BKHY) and FlexShares High Yield Value-Scored US Bond Index Fund (HYGV). 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.


Sharpe ratio
The chart of Sharpe ratio for BKHY, currently valued at 0.96, compared to the broader market-1.000.001.002.003.004.005.00
BKHY: 0.96
HYGV: 0.65
The chart of Sortino ratio for BKHY, currently valued at 1.22, compared to the broader market-2.000.002.004.006.008.0010.00
BKHY: 1.22
HYGV: 0.85
The chart of Omega ratio for BKHY, currently valued at 1.19, compared to the broader market0.501.001.502.002.50
BKHY: 1.19
HYGV: 1.13
The chart of Calmar ratio for BKHY, currently valued at 1.09, compared to the broader market0.005.0010.0015.00
BKHY: 1.09
HYGV: 0.68
The chart of Martin ratio for BKHY, currently valued at 7.25, compared to the broader market0.0020.0040.0060.0080.00100.00
BKHY: 7.25
HYGV: 4.73

The current BKHY Sharpe Ratio is 0.96, which is higher than the HYGV Sharpe Ratio of 0.65. The chart below compares the historical Sharpe Ratios of BKHY and HYGV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.003.504.00NovemberDecember2025FebruaryMarchApril
0.96
0.65
BKHY
HYGV

Dividends

BKHY vs. HYGV - Dividend Comparison

BKHY's dividend yield for the trailing twelve months is around 7.61%, less than HYGV's 8.27% yield.


TTM2024202320222021202020192018
BKHY
BNY Mellon High Yield Beta ETF
7.61%7.34%8.67%6.59%5.00%4.65%0.00%0.00%
HYGV
FlexShares High Yield Value-Scored US Bond Index Fund
8.27%8.20%8.77%7.64%6.07%6.18%7.95%5.63%

Drawdowns

BKHY vs. HYGV - Drawdown Comparison

The maximum BKHY drawdown since its inception was -17.36%, smaller than the maximum HYGV drawdown of -23.47%. Use the drawdown chart below to compare losses from any high point for BKHY and HYGV. For additional features, visit the drawdowns tool.


-5.00%-4.00%-3.00%-2.00%-1.00%0.00%NovemberDecember2025FebruaryMarchApril
-4.29%
-4.88%
BKHY
HYGV

Volatility

BKHY vs. HYGV - Volatility Comparison

BNY Mellon High Yield Beta ETF (BKHY) and FlexShares High Yield Value-Scored US Bond Index Fund (HYGV) have volatilities of 3.06% and 3.11%, 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.


1.00%1.50%2.00%2.50%3.00%NovemberDecember2025FebruaryMarchApril
3.06%
3.11%
BKHY
HYGV
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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