DHYA.L vs. CTY.L
Compare and contrast key facts about iShares USD High Yield Corporate Bond ESG UCITS ETF USD (Acc) (DHYA.L) and The City of London Investment Trust plc (CTY.L).
DHYA.L is a passively managed fund by iShares that tracks the performance of the Bloomberg US Corporate High Yield TR USD. It was launched on Nov 12, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DHYA.L or CTY.L.
Key characteristics
| DHYA.L | CTY.L | |
|---|---|---|
| YTD Return | 8.10% | 7.42% |
| 1Y Return | 15.13% | 13.23% |
| 3Y Return (Ann) | 2.40% | 7.26% |
| Sharpe Ratio | 3.01 | 1.11 |
| Sortino Ratio | 4.67 | 1.61 |
| Omega Ratio | 1.61 | 1.21 |
| Calmar Ratio | 2.03 | 2.00 |
| Martin Ratio | 23.95 | 5.66 |
| Ulcer Index | 0.59% | 2.13% |
| Daily Std Dev | 4.75% | 10.90% |
| Max Drawdown | -16.70% | -67.77% |
| Current Drawdown | -0.27% | -5.12% |
Correlation
The correlation between DHYA.L and CTY.L is 0.43, 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
DHYA.L vs. CTY.L - Performance Comparison
In the year-to-date period, DHYA.L achieves a 8.10% return, which is significantly higher than CTY.L's 7.42% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
DHYA.L vs. CTY.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares USD High Yield Corporate Bond ESG UCITS ETF USD (Acc) (DHYA.L) and The City of London Investment Trust plc (CTY.L). 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
DHYA.L vs. CTY.L - Dividend Comparison
DHYA.L has not paid dividends to shareholders, while CTY.L's dividend yield for the trailing twelve months is around 4.97%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DHYA.L iShares USD High Yield Corporate Bond ESG UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
CTY.L The City of London Investment Trust plc | 4.97% | 4.92% | 4.82% | 4.86% | 5.13% | 4.24% | 4.66% | 3.86% | 3.95% | 1.04% | 0.04% | 3.81% |
Drawdowns
DHYA.L vs. CTY.L - Drawdown Comparison
The maximum DHYA.L drawdown since its inception was -16.70%, smaller than the maximum CTY.L drawdown of -67.77%. Use the drawdown chart below to compare losses from any high point for DHYA.L and CTY.L. For additional features, visit the drawdowns tool.
Volatility
DHYA.L vs. CTY.L - Volatility Comparison
The current volatility for iShares USD High Yield Corporate Bond ESG UCITS ETF USD (Acc) (DHYA.L) is 1.21%, while The City of London Investment Trust plc (CTY.L) has a volatility of 4.07%. This indicates that DHYA.L experiences smaller price fluctuations and is considered to be less risky than CTY.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.