HHI.L vs. IUKD.L
HHI.L (Henderson High Income Trust) is a stock, while IUKD.L (iShares UK Dividend UCITS ETF) is Dividend fund tracking the FTSE UK Dividend+ Index. Over the past 10 years, HHI.L returned 7.35%/yr vs 7.03%/yr for IUKD.L. At a 0.47 correlation, their price movements are largely independent.
Performance
HHI.L vs. IUKD.L - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with HHI.L having a 6.89% return and IUKD.L slightly higher at 7.22%. Both investments have delivered pretty close results over the past 10 years, with HHI.L having a 7.35% annualized return and IUKD.L not far behind at 7.03%.
HHI.L
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 6.89%
- 6M
- 8.78%
- 1Y
- 14.82%
- 3Y*
- 12.40%
- 5Y*
- 8.32%
- 10Y*
- 7.35%
IUKD.L
- 1D
- 0.49%
- 1M
- 0.08%
- YTD
- 7.22%
- 6M
- 10.48%
- 1Y
- 24.39%
- 3Y*
- 18.89%
- 5Y*
- 11.88%
- 10Y*
- 7.03%
HHI.L vs. IUKD.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HHI.L Henderson High Income Trust | 6.89% | 22.59% | 10.88% | 0.89% | -1.18% | 28.02% | -17.65% | 27.05% | -11.23% | 8.68% |
IUKD.L iShares UK Dividend UCITS ETF | 7.22% | 32.12% | 12.27% | 5.81% | -1.44% | 23.43% | -17.92% | 18.86% | -14.11% | 6.92% |
Correlation
The correlation between HHI.L and IUKD.L is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.57 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.53 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.51 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.51 |
Correlation (All Time) Calculated using the full available price history since Nov 8, 2005 | 0.47 |
The correlation between HHI.L and IUKD.L shifts across timeframes, from 0.47 (all time) to 0.57 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
HHI.L vs. IUKD.L — Risk / Return Rank
HHI.L
IUKD.L
HHI.L vs. IUKD.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Henderson High Income Trust (HHI.L) and iShares UK Dividend UCITS ETF (IUKD.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.
| HHI.L | IUKD.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.14 | ||
| Sortino ratioReturn per unit of downside risk | -1.44 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.41 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | 1.22 | 2.48 | -1.26 |
| Martin ratioReturn relative to average drawdown | 4.18 | 8.97 | -4.79 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HHI.L | IUKD.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.06 | 2.19 | -1.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.42 | 0.86 | -0.44 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.33 | 0.41 | -0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.40 | 0.28 | +0.12 |
Drawdowns
HHI.L vs. IUKD.L - Drawdown Comparison
The maximum HHI.L drawdown since its inception was -52.50%, smaller than the maximum IUKD.L drawdown of -61.95%. Use the drawdown chart below to compare losses from any high point for HHI.L and IUKD.L.
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Drawdown Indicators
| HHI.L | IUKD.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.50% | -61.95% | +9.45% |
Max Drawdown (1Y)Largest decline over 1 year | -13.04% | -9.92% | -3.12% |
Max Drawdown (3Y)Largest decline over 3 years | -16.99% | -10.52% | -6.47% |
Max Drawdown (5Y)Largest decline over 5 years | -18.80% | -19.93% | +1.13% |
Max Drawdown (10Y)Largest decline over 10 years | -46.03% | -44.34% | -1.69% |
Current DrawdownCurrent decline from peak | -4.11% | -3.39% | -0.72% |
Average DrawdownAverage peak-to-trough decline | -9.75% | -14.97% | +5.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.81% | 2.74% | +1.07% |
Volatility
HHI.L vs. IUKD.L - Volatility Comparison
Henderson High Income Trust (HHI.L) has a higher volatility of 4.11% compared to iShares UK Dividend UCITS ETF (IUKD.L) at 3.72%. This indicates that HHI.L's price experiences larger fluctuations and is considered to be riskier than IUKD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HHI.L | IUKD.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.11% | 3.72% | +0.39% |
Volatility (6M)Calculated over the trailing 6-month period | 11.98% | 9.33% | +2.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.04% | 11.21% | +3.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.02% | 13.84% | +6.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.27% | 17.22% | +5.05% |
Dividends
HHI.L vs. IUKD.L - Dividend Comparison
HHI.L's dividend yield for the trailing twelve months is around 5.57%, more than IUKD.L's 4.53% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HHI.L Henderson High Income Trust | 5.57% | 5.81% | 6.52% | 6.61% | 6.14% | 5.61% | 6.73% | 5.11% | 6.02% | 4.95% | 4.98% | 4.93% |
IUKD.L iShares UK Dividend UCITS ETF | 4.53% | 4.85% | 5.78% | 5.34% | 6.39% | 5.68% | 4.11% | 5.70% | 6.86% | 5.19% | 4.87% | 5.67% |
Frequently Asked Questions
HHI.L and IUKD.L have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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