CGHY vs. FSYD
CGHY (Capital Group High Yield Bond ETF) and FSYD (Fidelity Sustainable High Yield ETF) are both High Yield Bonds funds. A 0.79 correlation means they provide meaningful diversification when combined. CGHY charges 0.39%/yr vs 0.55%/yr for FSYD.
Performance
CGHY vs. FSYD - Performance Comparison
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Returns By Period
In the year-to-date period, CGHY achieves a 1.65% return, which is significantly lower than FSYD's 3.01% return.
CGHY
- 1D
- -0.45%
- 1M
- -0.11%
- YTD
- 1.65%
- 6M
- 2.15%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FSYD
- 1D
- -0.39%
- 1M
- -0.19%
- YTD
- 3.01%
- 6M
- 3.39%
- 1Y
- 9.69%
- 3Y*
- 9.37%
- 5Y*
- —
- 10Y*
- —
CGHY vs. FSYD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
CGHY Capital Group High Yield Bond ETF | 1.65% | 3.77% |
FSYD Fidelity Sustainable High Yield ETF | 3.01% | 5.09% |
Correlation
The correlation between CGHY and FSYD is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 27, 2025 | 0.79 |
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Return for Risk
CGHY vs. FSYD — Risk / Return Rank
CGHY
FSYD
CGHY vs. FSYD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Capital Group High Yield Bond ETF (CGHY) and Fidelity Sustainable High Yield ETF (FSYD). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Sharpe Ratios by Period
| CGHY | FSYD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 2.36 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.74 | 0.76 | +0.98 |
Drawdowns
CGHY vs. FSYD - Drawdown Comparison
The maximum CGHY drawdown since its inception was -2.38%, smaller than the maximum FSYD drawdown of -12.11%. Use the drawdown chart below to compare losses from any high point for CGHY and FSYD.
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Drawdown Indicators
| CGHY | FSYD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.38% | -12.11% | +9.73% |
Max Drawdown (1Y)Largest decline over 1 year | — | -2.67% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -5.49% | — |
Current DrawdownCurrent decline from peak | -0.59% | -0.59% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -0.31% | -2.40% | +2.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.67% | — |
Volatility
CGHY vs. FSYD - Volatility Comparison
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Volatility by Period
| CGHY | FSYD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.11% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 3.15% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.36% | 4.13% | -0.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.36% | 7.85% | -4.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.36% | 7.85% | -4.49% |
CGHY vs. FSYD - Expense Ratio Comparison
CGHY has a 0.39% expense ratio, which is lower than FSYD's 0.55% expense ratio.
Dividends
CGHY vs. FSYD - Dividend Comparison
CGHY's dividend yield for the trailing twelve months is around 5.10%, less than FSYD's 6.34% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
CGHY Capital Group High Yield Bond ETF | 5.10% | 3.09% | 0.00% | 0.00% | 0.00% |
FSYD Fidelity Sustainable High Yield ETF | 6.34% | 6.49% | 6.47% | 6.70% | 5.29% |
Frequently Asked Questions
CGHY and FSYD have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CGHY is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CGHY is cheaper with a 0.39% expense ratio, compared with 0.55% for FSYD.
FSYD has the higher dividend yield at 6.34%, compared with 5.10% for CGHY.
They also come from different issuers: Capital Group and Fidelity. Their fees differ too: 0.39% for CGHY and 0.55% for FSYD.
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