HIYS vs. BND
Compare and contrast key facts about Invesco High Yield Select ETF (HIYS) and Vanguard Total Bond Market ETF (BND).
HIYS and BND are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HIYS is an actively managed fund by Invesco. It was launched on Dec 5, 2022. BND is a passively managed fund by Vanguard that tracks the performance of the Barclays Capital U.S. Aggregate Bond Index. It was launched on Apr 3, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HIYS or BND.
Correlation
The correlation between HIYS and BND is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
HIYS vs. BND - Performance Comparison
Key characteristics
HIYS:
2.31
BND:
0.91
HIYS:
3.52
BND:
1.32
HIYS:
1.44
BND:
1.16
HIYS:
4.49
BND:
0.35
HIYS:
13.62
BND:
2.26
HIYS:
0.53%
BND:
2.08%
HIYS:
3.12%
BND:
5.18%
HIYS:
-4.17%
BND:
-18.84%
HIYS:
-0.53%
BND:
-7.97%
Returns By Period
In the year-to-date period, HIYS achieves a 1.11% return, which is significantly lower than BND's 1.53% return.
HIYS
1.11%
0.18%
1.78%
7.07%
N/A
N/A
BND
1.53%
1.38%
-0.82%
4.96%
-0.59%
1.34%
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HIYS vs. BND - Expense Ratio Comparison
HIYS has a 0.50% expense ratio, which is higher than BND's 0.03% expense ratio.
Risk-Adjusted Performance
HIYS vs. BND — Risk-Adjusted Performance Rank
HIYS
BND
HIYS vs. BND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco High Yield Select ETF (HIYS) and Vanguard Total Bond Market ETF (BND). 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
HIYS vs. BND - Dividend Comparison
HIYS's dividend yield for the trailing twelve months is around 6.19%, more than BND's 3.66% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HIYS Invesco High Yield Select ETF | 6.19% | 6.80% | 7.43% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BND Vanguard Total Bond Market ETF | 3.66% | 3.67% | 3.09% | 2.60% | 1.97% | 2.22% | 2.72% | 2.81% | 2.54% | 2.51% | 2.57% | 2.79% |
Drawdowns
HIYS vs. BND - Drawdown Comparison
The maximum HIYS drawdown since its inception was -4.17%, smaller than the maximum BND drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for HIYS and BND. For additional features, visit the drawdowns tool.
Volatility
HIYS vs. BND - Volatility Comparison
The current volatility for Invesco High Yield Select ETF (HIYS) is 0.92%, while Vanguard Total Bond Market ETF (BND) has a volatility of 1.38%. This indicates that HIYS experiences smaller price fluctuations and is considered to be less risky than BND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.