DLHRX vs. DRLIX
DLHRX (BNY Mellon High Yield Fund) and DRLIX (BNY Mellon Global Real Estate Securities Fund) are both mutual funds - DLHRX is a High Yield Bonds fund managed by Dreyfus, while DRLIX is a REIT fund managed by Dreyfus. Over the past 10 years, DLHRX returned 4.64%/yr vs 5.18%/yr for DRLIX. At a 0.36 correlation, their price movements are largely independent. DLHRX charges 0.70%/yr vs 1.05%/yr for DRLIX.
Performance
DLHRX vs. DRLIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DLHRX achieves a 1.42% return, which is significantly lower than DRLIX's 9.39% return. Over the past 10 years, DLHRX has underperformed DRLIX with an annualized return of 4.64%, while DRLIX has yielded a comparatively higher 5.18% annualized return.
DLHRX
- 1D
- 0.00%
- 1M
- 0.74%
- YTD
- 1.42%
- 6M
- 2.02%
- 1Y
- 6.18%
- 3Y*
- 7.60%
- 5Y*
- 3.15%
- 10Y*
- 4.64%
DRLIX
- 1D
- 0.11%
- 1M
- -0.96%
- YTD
- 9.39%
- 6M
- 9.94%
- 1Y
- 12.65%
- 3Y*
- 9.77%
- 5Y*
- 2.82%
- 10Y*
- 5.18%
DLHRX vs. DRLIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DLHRX BNY Mellon High Yield Fund | 1.42% | 8.22% | 6.93% | 10.91% | -12.30% | 3.94% | 4.92% | 14.92% | -3.80% | 7.24% |
DRLIX BNY Mellon Global Real Estate Securities Fund | 9.39% | 9.12% | 3.21% | 11.35% | -23.24% | 26.95% | -2.30% | 23.05% | -4.57% | 11.24% |
Correlation
The correlation between DLHRX and DRLIX is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.43 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.50 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.44 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2007 | 0.36 |
The correlation between DLHRX and DRLIX shifts across timeframes, from 0.36 (all time) to 0.50 (5 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
DLHRX vs. DRLIX — Risk / Return Rank
DLHRX
DRLIX
DLHRX vs. DRLIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNY Mellon High Yield Fund (DLHRX) and BNY Mellon Global Real Estate Securities Fund (DRLIX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| DLHRX | DRLIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.74 | ||
| Sortino ratioReturn per unit of downside risk | +1.61 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.19 | +0.22 |
| Calmar ratioReturn relative to maximum drawdown | 2.61 | 1.23 | +1.38 |
| Martin ratioReturn relative to average drawdown | 12.45 | 4.50 | +7.95 |
Loading charts...
Drawdowns
DLHRX vs. DRLIX - Drawdown Comparison
The maximum DLHRX drawdown since its inception was -28.62%, smaller than the maximum DRLIX drawdown of -68.86%. Use the drawdown chart below to compare losses from any high point for DLHRX and DRLIX.
Loading charts...
Drawdown Indicators
| DLHRX | DRLIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.62% | -68.86% | +40.24% |
Max Drawdown (1Y)Largest decline over 1 year | -2.45% | -10.13% | +7.68% |
Max Drawdown (3Y)Largest decline over 3 years | -3.34% | -17.55% | +14.21% |
Max Drawdown (5Y)Largest decline over 5 years | -16.55% | -31.86% | +15.31% |
Max Drawdown (10Y)Largest decline over 10 years | -20.53% | -41.82% | +21.29% |
Current DrawdownCurrent decline from peak | -0.37% | -2.41% | +2.04% |
Average DrawdownAverage peak-to-trough decline | -3.36% | -14.32% | +10.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.51% | 2.76% | -2.25% |
Volatility
DLHRX vs. DRLIX - Volatility Comparison
The current volatility for BNY Mellon High Yield Fund (DLHRX) is 1.21%, while BNY Mellon Global Real Estate Securities Fund (DRLIX) has a volatility of 4.03%. This indicates that DLHRX experiences smaller price fluctuations and is considered to be less risky than DRLIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| DLHRX | DRLIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.21% | 4.03% | -2.82% |
Volatility (6M)Calculated over the trailing 6-month period | 2.77% | 9.28% | -6.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.58% | 11.91% | -8.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.08% | 16.40% | -11.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.45% | 17.64% | -12.19% |
DLHRX vs. DRLIX - Expense Ratio Comparison
DLHRX has a 0.70% expense ratio, which is lower than DRLIX's 1.05% expense ratio.
Dividends
DLHRX vs. DRLIX - Dividend Comparison
DLHRX's dividend yield for the trailing twelve months is around 6.79%, more than DRLIX's 2.84% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DLHRX BNY Mellon High Yield Fund | 6.79% | 6.93% | 6.11% | 5.79% | 4.76% | 4.35% | 5.17% | 5.55% | 6.52% | 5.72% | 5.54% | 6.79% |
DRLIX BNY Mellon Global Real Estate Securities Fund | 2.84% | 3.11% | 2.08% | 1.70% | 7.68% | 8.25% | 1.47% | 11.17% | 4.63% | 4.72% | 5.73% | 5.40% |
Frequently Asked Questions
DLHRX and DRLIX have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DRLIX has higher volatility (4.03%) compared to DLHRX (1.21%). In terms of maximum drawdown, DLHRX dropped -28.62% vs DRLIX's -68.86%.
DLHRX currently has the higher Sharpe Ratio (1.79 vs 1.04), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for DLHRX and DRLIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer