EASY vs. HDLB
EASY (Liberty One Defensive Dividend Growth ETF) and HDLB (ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B) are both exchange-traded funds - EASY is a Dividend fund actively managed by Liberty One, while HDLB is a Leveraged Equities fund tracking the Solactive US High Dividend Low Volatility (USD)(TR) (200%). EASY is actively managed, while HDLB is passively managed. Their 0.61 correlation means they have sometimes moved together and sometimes differently. EASY charges 0.85%/yr vs 1.65%/yr for HDLB.
Performance
EASY vs. HDLB - Performance Comparison
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Returns By Period
In the year-to-date period, EASY achieves a 8.30% return, which is significantly lower than HDLB's 25.42% return.
EASY
- 1D
- 0.49%
- 1M
- 0.78%
- 6M
- 2.66%
- YTD
- 8.30%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
HDLB
- 1D
- -0.35%
- 1M
- 7.98%
- 6M
- 3.63%
- YTD
- 25.42%
- 1Y
- 23.55%
- 3Y*
- 31.43%
- 5Y*
- 14.20%
- 10Y*
- —
- ALL TIME*
- 6.19%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $193.33K | $158.65K | $168.59K | |
| $44.19K | $55.22K | $58.36K |
EASY vs. HDLB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
EASY Liberty One Defensive Dividend Growth ETF | 8.30% | 0.55% |
HDLB ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B | 25.42% | -4.13% |
Correlation
The correlation between EASY and HDLB is 0.61, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 30, 2025 | 0.61 |
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Return for Risk
EASY vs. HDLB — Risk / Return Rank
EASY
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
HDLB
EASY vs. HDLB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Liberty One Defensive Dividend Growth ETF (EASY) and ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B (HDLB). 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.
| EASY | HDLB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.17 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.58 | — |
| Martin ratioReturn relative to average drawdown | — | 3.39 | — |
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Drawdowns
EASY vs. HDLB - Drawdown Comparison
The maximum EASY drawdown since its inception was -7.79%, smaller than the maximum HDLB drawdown of -78.70%. Use the drawdown chart below to compare losses from any high point for EASY and HDLB.
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Drawdown Indicators
| EASY | HDLB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -7.79% | -78.70% | +70.91% |
Max Drawdown (1Y)Largest decline over 1 year | — | -16.17% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -20.94% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -43.81% | — |
Current DrawdownCurrent decline from peak | -2.43% | -5.40% | +2.97% |
Average DrawdownAverage peak-to-trough decline | -2.86% | -26.98% | +24.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 7.53% | — |
Volatility
EASY vs. HDLB - Volatility Comparison
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Volatility by Period
| EASY | HDLB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 11.07% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 21.74% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 11.56% | 28.64% | -17.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.56% | 31.05% | -19.49% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.56% | 43.41% | -31.85% |
EASY vs. HDLB - Expense Ratio Comparison
EASY has a 0.85% expense ratio, which is lower than HDLB's 1.65% expense ratio.
Dividends
EASY vs. HDLB - Dividend Comparison
EASY's dividend yield for the trailing twelve months is around 0.77%, less than HDLB's 10.17% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
EASY Liberty One Defensive Dividend Growth ETF | 0.77% | 0.13% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HDLB ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B | 10.17% | 12.20% | 10.09% | 12.36% | 10.86% | 8.07% | 16.23% | 0.97% |
Frequently Asked Questions
EASY and HDLB have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EASY is cheaper at 0.85% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EASY is cheaper with a 0.85% expense ratio, compared with 1.65% for HDLB.
HDLB has the higher dividend yield at 10.17%, compared with 0.77% for EASY.
EASY is categorized as Dividend, while HDLB is Leveraged Equities. They also come from different issuers: Liberty One and UBS. Their fees differ too: 0.85% for EASY and 1.65% for HDLB.
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