BNDC vs. BHYB
Compare and contrast key facts about FlexShares Core Select Bond Fund (BNDC) and Xtrackers USD High Yield BB-B ex Financials ETF (BHYB).
BNDC and BHYB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BNDC is an actively managed fund by Northern Trust. It was launched on Nov 18, 2016. BHYB is a passively managed fund by Xtrackers that tracks the performance of the ICE BofA BB-B Non-FNCL Non-Distressed US HY Constrained Index - Benchmark TR Gross. It was launched on Oct 26, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BNDC or BHYB.
Correlation
The correlation between BNDC and BHYB is 0.60, 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
BNDC vs. BHYB - Performance Comparison
Key characteristics
BNDC:
1.17
BHYB:
1.39
BNDC:
1.73
BHYB:
2.02
BNDC:
1.20
BHYB:
1.29
BNDC:
0.47
BHYB:
1.72
BNDC:
2.75
BHYB:
9.45
BNDC:
2.35%
BHYB:
0.77%
BNDC:
5.51%
BHYB:
5.25%
BNDC:
-18.80%
BHYB:
-4.23%
BNDC:
-8.24%
BHYB:
-1.86%
Returns By Period
In the year-to-date period, BNDC achieves a 1.93% return, which is significantly higher than BHYB's 0.31% return.
BNDC
1.93%
-0.65%
-0.05%
6.16%
-0.87%
N/A
BHYB
0.31%
-1.55%
0.17%
7.10%
N/A
N/A
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BNDC vs. BHYB - Expense Ratio Comparison
BNDC has a 0.35% expense ratio, which is higher than BHYB's 0.20% expense ratio.
Risk-Adjusted Performance
BNDC vs. BHYB — Risk-Adjusted Performance Rank
BNDC
BHYB
BNDC vs. BHYB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FlexShares Core Select Bond Fund (BNDC) and Xtrackers USD High Yield BB-B ex Financials ETF (BHYB). 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
BNDC vs. BHYB - Dividend Comparison
BNDC's dividend yield for the trailing twelve months is around 3.87%, less than BHYB's 7.10% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
BNDC FlexShares Core Select Bond Fund | 3.87% | 3.81% | 3.19% | 2.64% | 1.72% | 2.61% | 2.89% | 2.86% | 2.50% | 0.64% |
BHYB Xtrackers USD High Yield BB-B ex Financials ETF | 7.10% | 7.04% | 0.75% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
BNDC vs. BHYB - Drawdown Comparison
The maximum BNDC drawdown since its inception was -18.80%, which is greater than BHYB's maximum drawdown of -4.23%. Use the drawdown chart below to compare losses from any high point for BNDC and BHYB. For additional features, visit the drawdowns tool.
Volatility
BNDC vs. BHYB - Volatility Comparison
The current volatility for FlexShares Core Select Bond Fund (BNDC) is 2.26%, while Xtrackers USD High Yield BB-B ex Financials ETF (BHYB) has a volatility of 3.80%. This indicates that BNDC experiences smaller price fluctuations and is considered to be less risky than BHYB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.