CEFS vs. HYGV
Compare and contrast key facts about Saba Closed-End Funds ETF (CEFS) and FlexShares High Yield Value-Scored US Bond Index Fund (HYGV).
CEFS and HYGV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CEFS is an actively managed fund by Exchange Traded Concepts. It was launched on Mar 21, 2017. HYGV is a passively managed fund by Northern Trust that tracks the performance of the Northern Trust High Yield Value-Scored US Corporate Bond Index. It was launched on Jul 17, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CEFS or HYGV.
Correlation
The correlation between CEFS and HYGV is 0.40, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
CEFS vs. HYGV - Performance Comparison
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Key characteristics
CEFS:
8.63%
HYGV:
6.11%
CEFS:
-0.89%
HYGV:
-23.47%
CEFS:
-0.37%
HYGV:
-1.69%
Returns By Period
CEFS
N/A
N/A
N/A
N/A
N/A
N/A
HYGV
0.27%
2.92%
-0.18%
6.29%
6.31%
N/A
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CEFS vs. HYGV - Expense Ratio Comparison
CEFS has a 3.80% expense ratio, which is higher than HYGV's 0.37% expense ratio.
Risk-Adjusted Performance
CEFS vs. HYGV — Risk-Adjusted Performance Rank
CEFS
HYGV
CEFS vs. HYGV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Saba Closed-End Funds ETF (CEFS) 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.
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Dividends
CEFS vs. HYGV - Dividend Comparison
CEFS has not paid dividends to shareholders, while HYGV's dividend yield for the trailing twelve months is around 8.01%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
CEFS Saba Closed-End Funds ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HYGV FlexShares High Yield Value-Scored US Bond Index Fund | 8.01% | 8.20% | 8.77% | 7.64% | 6.07% | 6.18% | 7.95% | 5.63% |
Drawdowns
CEFS vs. HYGV - Drawdown Comparison
The maximum CEFS drawdown since its inception was -0.89%, smaller than the maximum HYGV drawdown of -23.47%. Use the drawdown chart below to compare losses from any high point for CEFS and HYGV. For additional features, visit the drawdowns tool.
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Volatility
CEFS vs. HYGV - Volatility Comparison
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