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BWMX vs. HYG
Performance
Return for Risk
Drawdowns
Volatility
Dividends

BWMX vs. HYG

Last updated Jun 5, 2026

BWMX (Betterware de Mexico, S.A.B. de C.V.) is a stock, while HYG (iShares iBoxx $ High Yield Corporate Bond ETF) is High Yield Bonds fund tracking the Markit iBoxx USD Liquid High Yield Index. Over the past 5 years, BWMX returned -8.75%/yr vs 3.81%/yr for HYG. At a 0.22 correlation, their price movements are largely independent.

Performance

BWMX vs. HYG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Betterware de Mexico, S.A.B. de C.V. (BWMX) and iShares iBoxx $ High Yield Corporate Bond ETF (HYG). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, BWMX achieves a 32.38% return, which is significantly higher than HYG's 1.51% return.

BWMX

1D
-2.16%
1M
7.24%
YTD
32.38%
6M
31.18%
1Y
156.41%
3Y*
22.77%
5Y*
-8.75%
10Y*
—

HYG

1D
0.19%
1M
0.40%
YTD
1.51%
6M
1.84%
1Y
6.51%
3Y*
8.57%
5Y*
3.81%
10Y*
4.91%
*Multi-year figures are annualized to reflect compound growth (CAGR)

BWMX vs. HYG - Yearly Performance Comparison

2026 (YTD)202520242023202220212020
BWMX
Betterware de Mexico, S.A.B. de C.V.		32.38%40.14%-12.00%133.93%-66.11%-35.74%298.90%
HYG
iShares iBoxx $ High Yield Corporate Bond ETF		1.51%8.59%7.97%11.54%-10.98%3.76%20.40%

Correlation

The correlation between BWMX and HYG is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.31

Correlation (3Y)
Calculated over the trailing 3-year period

0.24

Correlation (5Y)
Calculated over the trailing 5-year period

0.24

Correlation (All Time)
Calculated using the full available price history since Mar 17, 2020

0.22

Compare stocks, funds, or ETFs

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

Betterware de Mexico, S.A.B. de C.V.

iShares iBoxx $ High Yield Corporate Bond ETF

Often compared with BWMX:
BWMX vs. WMTBWMX vs. GPCBWMX vs. BWENBWMX vs. VOOBWMX vs. EVRGBWMX vs. CTRABWMX vs. IWMI
Often compared with HYG:
HYG vs. LQDHYG vs. JNKHYG vs. SPHYHYG vs. AGGHYG vs. USHYHYG vs. HYGHHYG vs. SHYG

Return for Risk

BWMX vs. HYG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
BWMX
BWMX Risk / Return Rank: 9696
Overall Rank
BWMX Sharpe Ratio Rank: 9696
Sharpe Ratio Rank
BWMX Sortino Ratio Rank: 9797
Sortino Ratio Rank
BWMX Omega Ratio Rank: 9595
Omega Ratio Rank
BWMX Calmar Ratio Rank: 9898
Calmar Ratio Rank
BWMX Martin Ratio Rank: 9797
Martin Ratio Rank
HYG
HYG Risk / Return Rank: 5757
Overall Rank
HYG Sharpe Ratio Rank: 5151
Sharpe Ratio Rank
HYG Sortino Ratio Rank: 5555
Sortino Ratio Rank
HYG Omega Ratio Rank: 5454
Omega Ratio Rank
HYG Calmar Ratio Rank: 5858
Calmar Ratio Rank
HYG Martin Ratio Rank: 6868
Martin Ratio Rank
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.

BWMX vs. HYG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Betterware de Mexico, S.A.B. de C.V. (BWMX) and iShares iBoxx $ High Yield Corporate Bond ETF (HYG). 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.

BWMXHYGDifference
Sharpe ratioReturn per unit of total volatility
3.54
1.72

+1.82

Sortino ratioReturn per unit of downside risk
4.58
2.59

+1.99

Omega ratioGain probability vs. loss probability

1.57

1.33

+0.24

Calmar ratioReturn relative to maximum drawdown

10.66

2.79

+7.87

Martin ratioReturn relative to average drawdown

25.25

12.34

+12.90

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BWMX vs. HYG - Sharpe Ratio Comparison

The current BWMX Sharpe Ratio is 3.54, which is higher than the HYG Sharpe Ratio of 1.72. The chart below compares the historical Sharpe Ratios of BWMX and HYG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

BWMXHYGDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

3.54

1.72

+1.82

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.15

0.51

-0.66

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.59

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.32

0.46

-0.14

Drawdowns

BWMX vs. HYG - Drawdown Comparison

The maximum BWMX drawdown since its inception was -85.67%, which is greater than HYG's maximum drawdown of -34.25%. Use the drawdown chart below to compare losses from any high point for BWMX and HYG.

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Drawdown Indicators

BWMXHYGDifference

Max Drawdown

Largest peak-to-trough decline

-85.67%

-34.25%

-51.42%

Max Drawdown (1Y)

Largest decline over 1 year

-14.76%

-2.34%

-12.42%

Max Drawdown (3Y)

Largest decline over 3 years

-57.50%

-4.56%

-52.94%

Max Drawdown (5Y)

Largest decline over 5 years

-85.67%

-15.79%

-69.88%

Max Drawdown (10Y)

Largest decline over 10 years

—

-22.03%

—

Current Drawdown

Current decline from peak

-44.34%

-0.09%

-44.25%

Average Drawdown

Average peak-to-trough decline

-51.41%

-3.24%

-48.17%

Ulcer Index

Depth and duration of drawdowns from previous peaks

6.22%

0.53%

+5.69%

Volatility

BWMX vs. HYG - Volatility Comparison

Betterware de Mexico, S.A.B. de C.V. (BWMX) has a higher volatility of 9.25% compared to iShares iBoxx $ High Yield Corporate Bond ETF (HYG) at 1.21%. This indicates that BWMX's price experiences larger fluctuations and is considered to be riskier than HYG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

BWMXHYGDifference

Volatility (1M)

Calculated over the trailing 1-month period

9.25%

1.21%

+8.04%

Volatility (6M)

Calculated over the trailing 6-month period

28.58%

3.01%

+25.57%

Volatility (1Y)

Calculated over the trailing 1-year period

44.52%

3.81%

+40.71%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

56.81%

7.53%

+49.28%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

67.35%

8.29%

+59.06%

Dividends

BWMX vs. HYG - Dividend Comparison

BWMX's dividend yield for the trailing twelve months is around 6.58%, more than HYG's 5.91% yield.

PositionTTM20252024202320222021202020192018201720162015
BWMX
Betterware de Mexico, S.A.B. de C.V.		6.58%8.24%13.05%7.03%19.37%8.10%2.77%0.00%0.00%0.00%0.00%0.00%
HYG
iShares iBoxx $ High Yield Corporate Bond ETF		5.91%5.71%6.01%5.74%5.30%4.02%4.88%4.99%5.54%5.12%5.27%5.90%

Frequently Asked Questions

BWMX and HYG have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

BWMX has higher volatility (9.25%) compared to HYG (1.21%). In terms of maximum drawdown, BWMX dropped -85.67% vs HYG's -34.25%.

BWMX currently has the higher Sharpe Ratio (3.54 vs 1.72), 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.

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