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ESHY vs. HYGH
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between ESHY and HYGH is 0.50, 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.


-0.50.00.51.00.5

Performance

ESHY vs. HYGH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF (ESHY) and iShares Interest Rate Hedged High Yield Bond ETF (HYGH). The values are adjusted to include any dividend payments, if applicable.

25.00%30.00%35.00%40.00%45.00%50.00%55.00%60.00%JulyAugustSeptemberOctoberNovemberDecember
27.42%
58.58%
ESHY
HYGH

Key characteristics

Returns By Period


ESHY

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

HYGH

YTD

10.31%

1M

0.03%

6M

5.73%

1Y

10.14%

5Y*

5.53%

10Y*

5.03%

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ESHY vs. HYGH - Expense Ratio Comparison

ESHY has a 0.20% expense ratio, which is lower than HYGH's 0.53% expense ratio.


HYGH
iShares Interest Rate Hedged High Yield Bond ETF
Expense ratio chart for HYGH: current value at 0.53% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.53%
Expense ratio chart for ESHY: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%

Risk-Adjusted Performance

ESHY vs. HYGH - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF (ESHY) and iShares Interest Rate Hedged High Yield Bond ETF (HYGH). 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.


Sharpe ratio
The chart of Sharpe ratio for ESHY, currently valued at 0.32, compared to the broader market0.002.004.000.322.31
The chart of Sortino ratio for ESHY, currently valued at 0.44, compared to the broader market-2.000.002.004.006.008.0010.000.443.18
The chart of Omega ratio for ESHY, currently valued at 1.12, compared to the broader market0.501.001.502.002.503.001.121.51
The chart of Calmar ratio for ESHY, currently valued at 0.58, compared to the broader market0.005.0010.0015.000.582.76
The chart of Martin ratio for ESHY, currently valued at 0.81, compared to the broader market0.0020.0040.0060.0080.00100.000.8122.03
ESHY
HYGH


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
0.32
2.31
ESHY
HYGH

Dividends

ESHY vs. HYGH - Dividend Comparison

ESHY has not paid dividends to shareholders, while HYGH's dividend yield for the trailing twelve months is around 8.08%.


TTM2023202220212020201920182017201620152014
ESHY
Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF
1.88%7.07%6.39%5.31%5.88%5.85%7.55%5.68%5.31%5.25%0.00%
HYGH
iShares Interest Rate Hedged High Yield Bond ETF
8.08%8.95%6.21%3.74%4.06%4.89%6.45%4.79%4.59%5.74%3.62%

Drawdowns

ESHY vs. HYGH - Drawdown Comparison


-4.00%-3.00%-2.00%-1.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-1.31%
-0.60%
ESHY
HYGH

Volatility

ESHY vs. HYGH - Volatility Comparison

The current volatility for Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF (ESHY) is 0.00%, while iShares Interest Rate Hedged High Yield Bond ETF (HYGH) has a volatility of 0.70%. This indicates that ESHY experiences smaller price fluctuations and is considered to be less risky than HYGH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%0.50%1.00%1.50%2.00%2.50%3.00%3.50%JulyAugustSeptemberOctoberNovemberDecember0
0.70%
ESHY
HYGH
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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