DCREX vs. HYDB
Compare and contrast key facts about Dunham Real Estate Stock Fund (DCREX) and iShares High Yield Bond Factor ETF (HYDB).
DCREX is managed by Dunham. It was launched on Dec 10, 2004. HYDB is a passively managed fund by iShares that tracks the performance of the BlackRock High Yield Defensive Bond Index. It was launched on Jul 11, 2017.
Performance
DCREX vs. HYDB - Performance Comparison
Loading graphics...
DCREX vs. HYDB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DCREX Dunham Real Estate Stock Fund | 3.29% | -6.83% | 6.05% | 12.43% | -40.12% | 8.93% | 19.66% | 26.09% | -7.29% | 4.05% |
HYDB iShares High Yield Bond Factor ETF | -0.40% | 8.10% | 9.11% | 14.02% | -9.99% | 5.14% | 7.39% | 16.13% | -3.18% | 3.38% |
Returns By Period
In the year-to-date period, DCREX achieves a 3.29% return, which is significantly higher than HYDB's -0.40% return.
DCREX
- 1D
- 1.41%
- 1M
- -6.35%
- YTD
- 3.29%
- 6M
- 1.22%
- 1Y
- 2.49%
- 3Y*
- 3.17%
- 5Y*
- -6.48%
- 10Y*
- 0.82%
HYDB
- 1D
- 0.24%
- 1M
- -1.25%
- YTD
- -0.40%
- 6M
- 0.62%
- 1Y
- 6.18%
- 3Y*
- 8.91%
- 5Y*
- 4.56%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
DCREX vs. HYDB - Expense Ratio Comparison
DCREX has a 2.37% expense ratio, which is higher than HYDB's 0.35% expense ratio.
Return for Risk
DCREX vs. HYDB — Risk / Return Rank
DCREX
HYDB
DCREX vs. HYDB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dunham Real Estate Stock Fund (DCREX) and iShares High Yield Bond Factor ETF (HYDB). 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.
| DCREX | HYDB | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.14 | 1.05 | -0.91 |
Sortino ratioReturn per unit of downside risk | 0.32 | 1.51 | -1.19 |
Omega ratioGain probability vs. loss probability | 1.05 | 1.25 | -0.20 |
Calmar ratioReturn relative to maximum drawdown | 0.19 | 1.30 | -1.11 |
Martin ratioReturn relative to average drawdown | 0.55 | 6.28 | -5.73 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| DCREX | HYDB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.14 | 1.05 | -0.91 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.30 | 0.65 | -0.95 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.04 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.09 | 0.69 | -0.60 |
Correlation
The correlation between DCREX and HYDB is 0.56, 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.
Dividends
DCREX vs. HYDB - Dividend Comparison
DCREX's dividend yield for the trailing twelve months is around 0.55%, less than HYDB's 7.20% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DCREX Dunham Real Estate Stock Fund | 0.55% | 0.56% | 0.00% | 1.72% | 0.00% | 7.09% | 8.26% | 7.31% | 1.07% | 0.80% | 20.50% | 10.54% |
HYDB iShares High Yield Bond Factor ETF | 7.20% | 7.04% | 6.95% | 7.00% | 6.30% | 4.70% | 5.81% | 5.68% | 6.16% | 2.70% | 0.00% | 0.00% |
Drawdowns
DCREX vs. HYDB - Drawdown Comparison
The maximum DCREX drawdown since its inception was -74.32%, which is greater than HYDB's maximum drawdown of -21.58%. Use the drawdown chart below to compare losses from any high point for DCREX and HYDB.
Loading graphics...
Drawdown Indicators
| DCREX | HYDB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -74.32% | -21.58% | -52.74% |
Max Drawdown (1Y)Largest decline over 1 year | -14.36% | -4.84% | -9.52% |
Max Drawdown (5Y)Largest decline over 5 years | -49.40% | -14.28% | -35.12% |
Max Drawdown (10Y)Largest decline over 10 years | -49.40% | — | — |
Current DrawdownCurrent decline from peak | -34.76% | -1.56% | -33.20% |
Average DrawdownAverage peak-to-trough decline | -19.16% | -2.43% | -16.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.97% | 1.00% | +3.97% |
Volatility
DCREX vs. HYDB - Volatility Comparison
Dunham Real Estate Stock Fund (DCREX) has a higher volatility of 4.70% compared to iShares High Yield Bond Factor ETF (HYDB) at 2.23%. This indicates that DCREX's price experiences larger fluctuations and is considered to be riskier than HYDB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| DCREX | HYDB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.70% | 2.23% | +2.47% |
Volatility (6M)Calculated over the trailing 6-month period | 8.33% | 2.92% | +5.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.33% | 5.89% | +12.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.57% | 7.02% | +14.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.14% | 7.82% | +13.32% |