GHVIX vs. HYLD
Compare and contrast key facts about GMO High Yield Fund (GHVIX) and High Yield ETF (HYLD).
GHVIX is managed by GMO. It was launched on Jun 25, 2018. HYLD is an actively managed fund by Eve Capital. It was launched on Nov 30, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GHVIX or HYLD.
Correlation
The correlation between GHVIX and HYLD is 0.39, 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
GHVIX vs. HYLD - Performance Comparison
Key characteristics
Returns By Period
GHVIX
1.86%
1.01%
4.06%
10.04%
3.67%
N/A
HYLD
N/A
N/A
N/A
N/A
N/A
N/A
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GHVIX vs. HYLD - Expense Ratio Comparison
GHVIX has a 0.46% expense ratio, which is lower than HYLD's 1.29% expense ratio.
Risk-Adjusted Performance
GHVIX vs. HYLD — Risk-Adjusted Performance Rank
GHVIX
HYLD
GHVIX vs. HYLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for GMO High Yield Fund (GHVIX) and High Yield ETF (HYLD). 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
GHVIX vs. HYLD - Dividend Comparison
GHVIX's dividend yield for the trailing twelve months is around 14.26%, while HYLD has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GHVIX GMO High Yield Fund | 14.26% | 14.53% | 4.37% | 7.91% | 8.87% | 1.93% | 7.76% | 3.20% | 0.00% | 0.00% | 0.00% | 0.00% |
HYLD High Yield ETF | 0.00% | 0.00% | 8.59% | 7.86% | 6.75% | 7.52% | 7.46% | 7.97% | 7.18% | 6.59% | 10.87% | 9.88% |
Drawdowns
GHVIX vs. HYLD - Drawdown Comparison
Volatility
GHVIX vs. HYLD - Volatility Comparison
GMO High Yield Fund (GHVIX) has a higher volatility of 0.77% compared to High Yield ETF (HYLD) at 0.00%. This indicates that GHVIX's price experiences larger fluctuations and is considered to be riskier than HYLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.