ERNS.L vs. HLT
Compare and contrast key facts about iShares £ Ultrashort Bond UCITS ETF (ERNS.L) and Hilton Worldwide Holdings Inc. (HLT).
ERNS.L is a passively managed fund by iShares that tracks the performance of the Markit iBoxx GBP Liquid Investment Grade Ultrashort Index. It was launched on Nov 16, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ERNS.L or HLT.
Key characteristics
| ERNS.L | HLT | |
|---|---|---|
| YTD Return | 4.65% | 37.92% |
| 1Y Return | 5.61% | 54.53% |
| 3Y Return (Ann) | 3.64% | 20.91% |
| 5Y Return (Ann) | 2.38% | 20.79% |
| 10Y Return (Ann) | 1.57% | 17.48% |
| Sharpe Ratio | 8.06 | 2.97 |
| Sortino Ratio | 16.49 | 3.86 |
| Omega Ratio | 3.48 | 1.49 |
| Calmar Ratio | 46.97 | 4.79 |
| Martin Ratio | 220.07 | 14.38 |
| Ulcer Index | 0.02% | 3.85% |
| Daily Std Dev | 0.69% | 18.64% |
| Max Drawdown | -1.51% | -50.82% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between ERNS.L and HLT is 0.16, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
ERNS.L vs. HLT - Performance Comparison
In the year-to-date period, ERNS.L achieves a 4.65% return, which is significantly lower than HLT's 37.92% return. Over the past 10 years, ERNS.L has underperformed HLT with an annualized return of 1.57%, while HLT has yielded a comparatively higher 17.48% annualized 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
ERNS.L vs. HLT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares £ Ultrashort Bond UCITS ETF (ERNS.L) and Hilton Worldwide Holdings Inc. (HLT). 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
ERNS.L vs. HLT - Dividend Comparison
ERNS.L's dividend yield for the trailing twelve months is around 5.25%, more than HLT's 0.24% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ERNS.L iShares £ Ultrashort Bond UCITS ETF | 5.25% | 4.54% | 1.14% | 0.28% | 0.75% | 1.04% | 0.74% | 0.52% | 0.81% | 0.72% | 0.55% | 0.06% |
HLT Hilton Worldwide Holdings Inc. | 0.24% | 0.33% | 0.36% | 0.00% | 0.13% | 0.54% | 0.84% | 0.75% | 1.51% | 0.96% | 0.00% | 0.00% |
Drawdowns
ERNS.L vs. HLT - Drawdown Comparison
The maximum ERNS.L drawdown since its inception was -1.51%, smaller than the maximum HLT drawdown of -50.82%. Use the drawdown chart below to compare losses from any high point for ERNS.L and HLT. For additional features, visit the drawdowns tool.
Volatility
ERNS.L vs. HLT - Volatility Comparison
The current volatility for iShares £ Ultrashort Bond UCITS ETF (ERNS.L) is 2.49%, while Hilton Worldwide Holdings Inc. (HLT) has a volatility of 5.88%. This indicates that ERNS.L experiences smaller price fluctuations and is considered to be less risky than HLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.