FAHY.L vs. SHYU.L
Compare and contrast key facts about Invesco US High Yield Fallen Angels UCITS ETF Dist (FAHY.L) and iShares $ High Yield Corp Bond UCITS ETF (SHYU.L).
FAHY.L and SHYU.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FAHY.L is a passively managed fund by Invesco that tracks the performance of the Bloomberg US Corporate High Yield TR USD. It was launched on Sep 1, 2016. SHYU.L is a passively managed fund by iShares that tracks the performance of the Markit iBoxx USD Liquid High Yield Capped Index. It was launched on Sep 13, 2011. Both FAHY.L and SHYU.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FAHY.L or SHYU.L.
Key characteristics
| FAHY.L | SHYU.L | |
|---|---|---|
| YTD Return | 2.04% | 2.39% |
| 1Y Return | 9.21% | 8.31% |
| 3Y Return (Ann) | 3.58% | 5.37% |
| 5Y Return (Ann) | 3.22% | 3.73% |
| Sharpe Ratio | 1.53 | 1.18 |
| Daily Std Dev | 6.60% | 7.51% |
| Max Drawdown | -23.91% | -15.01% |
| Current Drawdown | -2.08% | -0.69% |
Correlation
The correlation between FAHY.L and SHYU.L is 0.88, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
FAHY.L vs. SHYU.L - Performance Comparison
In the year-to-date period, FAHY.L achieves a 2.04% return, which is significantly lower than SHYU.L's 2.39% 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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FAHY.L vs. SHYU.L - Expense Ratio Comparison
FAHY.L has a 0.45% expense ratio, which is lower than SHYU.L's 0.50% expense ratio.
Risk-Adjusted Performance
FAHY.L vs. SHYU.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco US High Yield Fallen Angels UCITS ETF Dist (FAHY.L) and iShares $ High Yield Corp Bond UCITS ETF (SHYU.L). 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
FAHY.L vs. SHYU.L - Dividend Comparison
FAHY.L's dividend yield for the trailing twelve months is around 0.07%, less than SHYU.L's 5.63% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FAHY.L Invesco US High Yield Fallen Angels UCITS ETF Dist | 0.07% | 0.07% | 0.06% | 0.05% | 0.06% | 0.06% | 0.06% | 0.06% | 0.01% | 0.00% | 0.00% | 0.00% |
SHYU.L iShares $ High Yield Corp Bond UCITS ETF | 5.63% | 5.76% | 4.82% | 4.27% | 5.16% | 5.58% | 5.52% | 5.74% | 5.16% | 5.87% | 5.56% | 6.09% |
Drawdowns
FAHY.L vs. SHYU.L - Drawdown Comparison
The maximum FAHY.L drawdown since its inception was -23.91%, which is greater than SHYU.L's maximum drawdown of -15.01%. Use the drawdown chart below to compare losses from any high point for FAHY.L and SHYU.L. For additional features, visit the drawdowns tool.
Volatility
FAHY.L vs. SHYU.L - Volatility Comparison
The current volatility for Invesco US High Yield Fallen Angels UCITS ETF Dist (FAHY.L) is 2.76%, while iShares $ High Yield Corp Bond UCITS ETF (SHYU.L) has a volatility of 2.93%. This indicates that FAHY.L experiences smaller price fluctuations and is considered to be less risky than SHYU.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.