HIX vs. THHYX
Compare and contrast key facts about Western Asset High Income Fund II (HIX) and Toews Tactical Income Fund (THHYX).
HIX is a passively managed fund by Franklin Templeton that tracks the performance of the . It was launched on May 28, 1998. THHYX is managed by Toews Funds. It was launched on Jun 4, 2010.
Performance
HIX vs. THHYX - Performance Comparison
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HIX vs. THHYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HIX Western Asset High Income Fund II | -2.12% | 13.56% | -1.32% | 15.72% | -24.60% | 13.02% | 12.36% | 27.26% | -9.99% | 7.13% |
THHYX Toews Tactical Income Fund | 0.07% | 3.44% | 5.48% | 4.51% | -5.33% | 0.28% | 5.21% | 7.37% | -0.80% | 2.57% |
Returns By Period
In the year-to-date period, HIX achieves a -2.12% return, which is significantly lower than THHYX's 0.07% return. Over the past 10 years, HIX has outperformed THHYX with an annualized return of 5.60%, while THHYX has yielded a comparatively lower 3.05% annualized return.
HIX
- 1D
- -1.26%
- 1M
- -4.58%
- YTD
- -2.12%
- 6M
- -3.26%
- 1Y
- 8.96%
- 3Y*
- 7.12%
- 5Y*
- 0.94%
- 10Y*
- 5.60%
THHYX
- 1D
- 0.05%
- 1M
- -0.45%
- YTD
- 0.07%
- 6M
- -0.03%
- 1Y
- 5.03%
- 3Y*
- 4.39%
- 5Y*
- 1.68%
- 10Y*
- 3.05%
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HIX vs. THHYX - Expense Ratio Comparison
HIX has a 3.70% expense ratio, which is higher than THHYX's 1.46% expense ratio.
Return for Risk
HIX vs. THHYX — Risk / Return Rank
HIX
THHYX
HIX vs. THHYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Western Asset High Income Fund II (HIX) and Toews Tactical Income Fund (THHYX). 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.
| HIX | THHYX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.59 | 1.85 | -1.25 |
Sortino ratioReturn per unit of downside risk | 0.90 | 2.85 | -1.95 |
Omega ratioGain probability vs. loss probability | 1.13 | 1.40 | -0.27 |
Calmar ratioReturn relative to maximum drawdown | 0.74 | 4.34 | -3.60 |
Martin ratioReturn relative to average drawdown | 2.78 | 10.84 | -8.06 |
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
| HIX | THHYX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.59 | 1.85 | -1.25 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.06 | 0.43 | -0.38 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.31 | 0.83 | -0.52 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.32 | 1.14 | -0.82 |
Correlation
The correlation between HIX and THHYX is 0.27, 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.
Dividends
HIX vs. THHYX - Dividend Comparison
HIX's dividend yield for the trailing twelve months is around 14.96%, more than THHYX's 5.51% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HIX Western Asset High Income Fund II | 14.96% | 14.13% | 13.95% | 11.85% | 12.15% | 8.21% | 8.53% | 8.28% | 9.50% | 8.73% | 10.53% | 13.12% |
THHYX Toews Tactical Income Fund | 5.51% | 4.91% | 5.44% | 4.33% | 1.61% | 2.79% | 2.21% | 3.84% | 2.43% | 6.56% | 3.30% | 1.59% |
Drawdowns
HIX vs. THHYX - Drawdown Comparison
The maximum HIX drawdown since its inception was -61.03%, which is greater than THHYX's maximum drawdown of -8.83%. Use the drawdown chart below to compare losses from any high point for HIX and THHYX.
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Drawdown Indicators
| HIX | THHYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.03% | -8.83% | -52.20% |
Max Drawdown (1Y)Largest decline over 1 year | -11.07% | -1.12% | -9.95% |
Max Drawdown (5Y)Largest decline over 5 years | -38.75% | -8.83% | -29.92% |
Max Drawdown (10Y)Largest decline over 10 years | -44.77% | -8.83% | -35.94% |
Current DrawdownCurrent decline from peak | -8.55% | -0.80% | -7.75% |
Average DrawdownAverage peak-to-trough decline | -8.94% | -1.64% | -7.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.94% | 0.45% | +2.49% |
Volatility
HIX vs. THHYX - Volatility Comparison
Western Asset High Income Fund II (HIX) has a higher volatility of 7.64% compared to Toews Tactical Income Fund (THHYX) at 0.59%. This indicates that HIX's price experiences larger fluctuations and is considered to be riskier than THHYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HIX | THHYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.64% | 0.59% | +7.05% |
Volatility (6M)Calculated over the trailing 6-month period | 10.82% | 1.59% | +9.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.16% | 2.74% | +12.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.96% | 3.91% | +13.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.10% | 3.68% | +14.42% |