DHYA.L vs. IHYA.L
Compare and contrast key facts about iShares USD High Yield Corporate Bond ESG UCITS ETF USD (Acc) (DHYA.L) and iShares USD High Yield Corporate Bond UCITS ETF USD (Acc) (IHYA.L).
DHYA.L and IHYA.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. IHYA.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 Apr 13, 2017. Both DHYA.L and IHYA.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DHYA.L or IHYA.L.
Key characteristics
| DHYA.L | IHYA.L | |
|---|---|---|
| YTD Return | 7.91% | 7.14% |
| 1Y Return | 13.82% | 11.94% |
| 3Y Return (Ann) | 2.34% | 2.73% |
| Sharpe Ratio | 2.92 | 2.39 |
| Sortino Ratio | 4.54 | 3.86 |
| Omega Ratio | 1.59 | 1.48 |
| Calmar Ratio | 1.97 | 3.01 |
| Martin Ratio | 23.27 | 18.68 |
| Ulcer Index | 0.59% | 0.64% |
| Daily Std Dev | 4.74% | 5.07% |
| Max Drawdown | -16.70% | -22.58% |
| Current Drawdown | -0.46% | -0.44% |
Correlation
The correlation between DHYA.L and IHYA.L is 0.75, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
DHYA.L vs. IHYA.L - Performance Comparison
In the year-to-date period, DHYA.L achieves a 7.91% return, which is significantly higher than IHYA.L's 7.14% 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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DHYA.L vs. IHYA.L - Expense Ratio Comparison
DHYA.L has a 0.25% expense ratio, which is lower than IHYA.L's 0.50% expense ratio.
Risk-Adjusted Performance
DHYA.L vs. IHYA.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 iShares USD High Yield Corporate Bond UCITS ETF USD (Acc) (IHYA.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. IHYA.L - Dividend Comparison
Neither DHYA.L nor IHYA.L has paid dividends to shareholders.
Drawdowns
DHYA.L vs. IHYA.L - Drawdown Comparison
The maximum DHYA.L drawdown since its inception was -16.70%, smaller than the maximum IHYA.L drawdown of -22.58%. Use the drawdown chart below to compare losses from any high point for DHYA.L and IHYA.L. For additional features, visit the drawdowns tool.
Volatility
DHYA.L vs. IHYA.L - Volatility Comparison
iShares USD High Yield Corporate Bond ESG UCITS ETF USD (Acc) (DHYA.L) and iShares USD High Yield Corporate Bond UCITS ETF USD (Acc) (IHYA.L) have volatilities of 1.21% and 1.18%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.