HKIT vs. HYG

Last updated Apr 2, 2026

Compare and contrast key facts about Hitek Global Inc. Ordinary Share (HKIT) and iShares iBoxx $ High Yield Corporate Bond ETF (HYG).

HYG is a passively managed fund by iShares that tracks the performance of the iBoxx $ Liquid High Yield Index. It was launched on Apr 11, 2007.

Performance

HKIT vs. HYG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Hitek Global Inc. Ordinary Share (HKIT) and iShares iBoxx $ High Yield Corporate Bond ETF (HYG). The values are adjusted to include any dividend payments, if applicable.

HKIT vs. HYG - Yearly Performance Comparison

	2026 (YTD)	2025	2024
HKIT Hitek Global Inc. Ordinary Share	-97.83%	55.94%	-11.73%
HYG iShares iBoxx $ High Yield Corporate Bond ETF	-0.11%	8.59%	7.51%

Returns By Period

In the year-to-date period, HKIT achieves a -97.83% return, which is significantly lower than HYG's -0.11% return.

HKIT

• 1D: -15.83%
• 1M: -97.40%
• YTD: -97.83%
• 6M: -97.36%
• 1Y: -96.16%
• 3Y*: —
• 5Y*: —
• 10Y*: —

HYG

• 1D: 0.24%
• 1M: -0.65%
• YTD: -0.11%
• 6M: 0.93%
• 1Y: 6.91%
• 3Y*: 7.99%
• 5Y*: 3.66%
• 10Y*: 5.16%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

HKIT vs. HYG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HKIT

HKIT Risk / Return Rank: 9
HKIT Sharpe Ratio Rank: 16
HKIT Sortino Ratio Rank: 16
HKIT Omega Ratio Rank: 11
HKIT Calmar Ratio Rank: 3
HKIT Martin Ratio Rank: 0

HYG

HYG Risk / Return Rank: 73
HYG Sharpe Ratio Rank: 69
HYG Sortino Ratio Rank: 72
HYG Omega Ratio Rank: 75
HYG Calmar Ratio Rank: 69
HYG Martin Ratio Rank: 82

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HKIT vs. HYG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hitek Global Inc. Ordinary Share (HKIT) and iShares iBoxx $ High Yield Corporate Bond ETF (HYG). 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.

	HKIT	HYG	Difference
Sharpe ratio Return per unit of total volatility	-0.55	1.25	-1.80
Sortino ratio Return per unit of downside risk	-0.62	1.87	-2.49
Omega ratio Gain probability vs. loss probability	0.88	1.29	-0.41
Calmar ratio Return relative to maximum drawdown	-0.97	1.82	-2.79
Martin ratio Return relative to average drawdown	-2.47	9.57	-12.04
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HKIT vs. HYG - Sharpe Ratio Comparison

The current HKIT Sharpe Ratio is -0.55, which is lower than the HYG Sharpe Ratio of 1.25. The chart below compares the historical Sharpe Ratios of HKIT and HYG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	HKIT	HYG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.55	1.25	-1.80
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.49	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.62	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.60	0.45	-1.06

Correlation

The correlation between HKIT and HYG is 0.07, 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

HKIT vs. HYG - Dividend Comparison

HKIT has not paid dividends to shareholders, while HYG's dividend yield for the trailing twelve months is around 5.88%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HKIT Hitek Global Inc. Ordinary Share	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
HYG iShares iBoxx $ High Yield Corporate Bond ETF	5.88%	5.71%	6.01%	5.74%	5.30%	4.02%	4.88%	4.99%	5.54%	5.12%	5.27%	5.90%

Drawdowns

HKIT vs. HYG - Drawdown Comparison

The maximum HKIT drawdown since its inception was -99.04%, which is greater than HYG's maximum drawdown of -34.25%. Use the drawdown chart below to compare losses from any high point for HKIT and HYG.

Drawdown Indicators

	HKIT	HYG	Difference
Max Drawdown Largest peak-to-trough decline	-99.04%	-34.25%	-64.79%
Max Drawdown (1Y) Largest decline over 1 year	-99.04%	-3.93%	-95.11%
Max Drawdown (5Y) Largest decline over 5 years	—	-15.79%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-22.03%	—
Current Drawdown Current decline from peak	-98.83%	-1.05%	-97.78%
Average Drawdown Average peak-to-trough decline	-31.57%	-3.27%	-28.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	38.96%	0.75%	+38.21%

Volatility

HKIT vs. HYG - Volatility Comparison

Hitek Global Inc. Ordinary Share (HKIT) has a higher volatility of 245.72% compared to iShares iBoxx $ High Yield Corporate Bond ETF (HYG) at 2.30%. This indicates that HKIT's price experiences larger fluctuations and is considered to be riskier than HYG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HKIT	HYG	Difference
Volatility (1M) Calculated over the trailing 1-month period	245.72%	2.30%	+243.42%
Volatility (6M) Calculated over the trailing 6-month period	270.89%	2.93%	+267.96%
Volatility (1Y) Calculated over the trailing 1-year period	173.52%	5.57%	+167.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	135.32%	7.51%	+127.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	135.32%	8.31%	+127.01%