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EVT.AX vs. HYG
Performance
Return for Risk
Drawdowns
Volatility
Dividends

EVT.AX vs. HYG

Last updated Jun 5, 2026

EVT.AX (EVT Limited) is a stock, while HYG (iShares iBoxx $ High Yield Corporate Bond ETF) is High Yield Bonds fund tracking the Markit iBoxx USD Liquid High Yield Index. Over the past 10 years, EVT.AX returned 0.37%/yr vs 5.40%/yr for HYG. At a 0.03 correlation, their price movements are largely independent.

Performance

EVT.AX vs. HYG - Performance Comparison

The chart below illustrates the hypothetical performance of a A$10,000 investment in EVT Limited (EVT.AX) and iShares iBoxx $ High Yield Corporate Bond ETF (HYG). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

EVT.AX is traded in AUD, while HYG is traded in USD. To make them comparable, the HYG values have been converted to AUD using the latest available exchange rates.

Returns By Period

The year-to-date returns for both investments are quite close, with EVT.AX having a -4.39% return and HYG slightly higher at -4.36%. Over the past 10 years, EVT.AX has underperformed HYG with an annualized return of 0.37%, while HYG has yielded a comparatively higher 5.40% annualized return.

EVT.AX

1D
-0.92%
1M
0.08%
YTD
-4.39%
6M
-15.49%
1Y
-24.53%
3Y*
2.40%
5Y*
0.16%
10Y*
0.37%

HYG

1D
0.72%
1M
2.31%
YTD
-4.36%
6M
-4.53%
1Y
-1.99%
3Y*
6.36%
5Y*
5.68%
10Y*
5.40%
*Multi-year figures are annualized to reflect compound growth (CAGR)

EVT.AX vs. HYG - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
EVT.AX
EVT Limited		-4.39%13.42%-3.91%-1.22%-13.19%55.74%-28.89%4.18%6.25%0.39%
HYG
iShares iBoxx $ High Yield Corporate Bond ETF		-4.36%0.71%18.83%11.62%-5.10%9.84%-4.71%14.62%8.48%-2.01%

Correlation

The correlation between EVT.AX and HYG is 0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.00

Correlation (3Y)
Calculated over the trailing 3-year period

0.02

Correlation (5Y)
Calculated over the trailing 5-year period

-0.00

Correlation (10Y)
Calculated over the trailing 10-year period

0.00

Correlation (All Time)
Calculated using the full available price history since Jul 4, 2007

0.03

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

EVT Limited

iShares iBoxx $ High Yield Corporate Bond ETF

Often compared with EVT.AX:
EVT.AX vs. VOOEVT.AX vs. JEPIEVT.AX vs. FDVV
Often compared with HYG:
HYG vs. LQDHYG vs. JNKHYG vs. SPHYHYG vs. AGGHYG vs. USHYHYG vs. HYGHHYG vs. SHYG

Return for Risk

EVT.AX vs. HYG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
EVT.AX
EVT.AX Risk / Return Rank: 1212
Overall Rank
EVT.AX Sharpe Ratio Rank: 77
Sharpe Ratio Rank
EVT.AX Sortino Ratio Rank: 1111
Sortino Ratio Rank
EVT.AX Omega Ratio Rank: 99
Omega Ratio Rank
EVT.AX Calmar Ratio Rank: 1616
Calmar Ratio Rank
EVT.AX Martin Ratio Rank: 1919
Martin Ratio Rank
HYG
HYG Risk / Return Rank: 5454
Overall Rank
HYG Sharpe Ratio Rank: 4848
Sharpe Ratio Rank
HYG Sortino Ratio Rank: 5151
Sortino Ratio Rank
HYG Omega Ratio Rank: 5151
Omega Ratio Rank
HYG Calmar Ratio Rank: 5555
Calmar Ratio Rank
HYG Martin Ratio Rank: 6565
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EVT.AX vs. HYG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for EVT Limited (EVT.AX) and iShares iBoxx $ High Yield Corporate Bond ETF (HYG). 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.

EVT.AXHYGDifference
Sharpe ratioReturn per unit of total volatility
-0.87
-0.29

-0.58

Sortino ratioReturn per unit of downside risk
-1.06
-0.36

-0.70

Omega ratioGain probability vs. loss probability

0.84

0.96

-0.11

Calmar ratioReturn relative to maximum drawdown

-0.70

-0.21

-0.49

Martin ratioReturn relative to average drawdown

-1.09

-0.42

-0.67

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EVT.AX vs. HYG - Sharpe Ratio Comparison

The current EVT.AX Sharpe Ratio is -0.87, which is lower than the HYG Sharpe Ratio of -0.29. The chart below compares the historical Sharpe Ratios of EVT.AX and HYG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

EVT.AXHYGDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.87

-0.29

-0.58

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.01

0.63

-0.62

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.01

0.57

-0.56

Sharpe Ratio (All Time)

Calculated using the full available price history

0.36

0.51

-0.15

Drawdowns

EVT.AX vs. HYG - Drawdown Comparison

The maximum EVT.AX drawdown since its inception was -75.44%, which is greater than HYG's maximum drawdown of -20.20%. Use the drawdown chart below to compare losses from any high point for EVT.AX and HYG.

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Drawdown Indicators

EVT.AXHYGDifference

Max Drawdown

Largest peak-to-trough decline

-75.44%

-20.20%

-55.24%

Max Drawdown (1Y)

Largest decline over 1 year

-34.15%

-9.34%

-24.81%

Max Drawdown (3Y)

Largest decline over 3 years

-34.15%

-9.34%

-24.81%

Max Drawdown (5Y)

Largest decline over 5 years

-37.06%

-12.81%

-24.25%

Max Drawdown (10Y)

Largest decline over 10 years

-57.50%

-13.58%

-43.92%

Current Drawdown

Current decline from peak

-31.25%

-6.68%

-24.57%

Average Drawdown

Average peak-to-trough decline

-20.73%

-4.71%

-16.02%

Ulcer Index

Depth and duration of drawdowns from previous peaks

22.19%

4.72%

+17.47%

Volatility

EVT.AX vs. HYG - Volatility Comparison

EVT Limited (EVT.AX) has a higher volatility of 10.07% compared to iShares iBoxx $ High Yield Corporate Bond ETF (HYG) at 1.41%. This indicates that EVT.AX's price experiences larger fluctuations and is considered to be riskier than HYG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

EVT.AXHYGDifference

Volatility (1M)

Calculated over the trailing 1-month period

10.07%

1.41%

+8.66%

Volatility (6M)

Calculated over the trailing 6-month period

17.97%

5.38%

+12.59%

Volatility (1Y)

Calculated over the trailing 1-year period

27.61%

6.85%

+20.76%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

27.48%

9.09%

+18.39%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

28.87%

9.43%

+19.44%

Dividends

EVT.AX vs. HYG - Dividend Comparison

EVT.AX's dividend yield for the trailing twelve months is around 3.38%, less than HYG's 5.94% yield.

PositionTTM20252024202320222021202020192018201720162015
EVT.AX
EVT Limited		3.38%3.03%2.99%2.78%0.94%0.00%2.21%3.82%3.82%3.84%3.70%3.22%
HYG
iShares iBoxx $ High Yield Corporate Bond ETF		5.94%5.71%6.01%5.74%5.30%4.02%4.88%4.99%5.54%5.12%5.27%5.90%

Frequently Asked Questions

EVT.AX and HYG have a correlation of 0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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