DHYA.L vs. JNK
Compare and contrast key facts about iShares USD High Yield Corporate Bond ESG UCITS ETF USD (Acc) (DHYA.L) and SPDR Barclays High Yield Bond ETF (JNK).
DHYA.L and JNK 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. JNK is a passively managed fund by State Street that tracks the performance of the Barclays Capital High Yield Very Liquid Index. It was launched on Nov 28, 2007. Both DHYA.L and JNK 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 JNK.
Key characteristics
| DHYA.L | JNK | |
|---|---|---|
| YTD Return | 8.10% | 7.75% |
| 1Y Return | 15.13% | 13.99% |
| 3Y Return (Ann) | 2.40% | 2.34% |
| Sharpe Ratio | 3.01 | 2.89 |
| Sortino Ratio | 4.67 | 4.49 |
| Omega Ratio | 1.61 | 1.56 |
| Calmar Ratio | 2.03 | 1.99 |
| Martin Ratio | 23.95 | 22.53 |
| Ulcer Index | 0.59% | 0.61% |
| Daily Std Dev | 4.75% | 4.78% |
| Max Drawdown | -16.70% | -38.48% |
| Current Drawdown | -0.27% | -0.55% |
Correlation
The correlation between DHYA.L and JNK is 0.49, 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. JNK - Performance Comparison
The year-to-date returns for both stocks are quite close, with DHYA.L having a 8.10% return and JNK slightly lower at 7.75%. 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. JNK - Expense Ratio Comparison
DHYA.L has a 0.25% expense ratio, which is lower than JNK's 0.40% expense ratio.
Risk-Adjusted Performance
DHYA.L vs. JNK - 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 SPDR Barclays High Yield Bond ETF (JNK). 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. JNK - Dividend Comparison
DHYA.L has not paid dividends to shareholders, while JNK's dividend yield for the trailing twelve months is around 6.55%.
| 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% |
JNK SPDR Barclays High Yield Bond ETF | 6.55% | 6.38% | 6.06% | 4.26% | 5.11% | 5.44% | 5.90% | 5.60% | 6.06% | 6.60% | 5.99% | 6.05% |
Drawdowns
DHYA.L vs. JNK - Drawdown Comparison
The maximum DHYA.L drawdown since its inception was -16.70%, smaller than the maximum JNK drawdown of -38.48%. Use the drawdown chart below to compare losses from any high point for DHYA.L and JNK. For additional features, visit the drawdowns tool.
Volatility
DHYA.L vs. JNK - Volatility Comparison
iShares USD High Yield Corporate Bond ESG UCITS ETF USD (Acc) (DHYA.L) and SPDR Barclays High Yield Bond ETF (JNK) have volatilities of 1.21% and 1.22%, 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.