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HYBB vs. USFR
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


HYBBUSFR
YTD Return6.80%4.63%
1Y Return12.01%5.30%
3Y Return (Ann)1.95%3.92%
Sharpe Ratio2.7114.72
Sortino Ratio4.1452.92
Omega Ratio1.5312.62
Calmar Ratio1.9388.93
Martin Ratio21.91723.97
Ulcer Index0.56%0.01%
Daily Std Dev4.51%0.36%
Max Drawdown-15.27%-1.36%
Current Drawdown-0.43%0.00%

Correlation

-0.50.00.51.0-0.0

The correlation between HYBB and USFR is -0.00. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Performance

HYBB vs. USFR - Performance Comparison

In the year-to-date period, HYBB achieves a 6.80% return, which is significantly higher than USFR's 4.63% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
5.07%
2.40%
HYBB
USFR

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HYBB vs. USFR - Expense Ratio Comparison

HYBB has a 0.25% expense ratio, which is higher than USFR's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


HYBB
iShares BB Rated Corporate Bond ETF
Expense ratio chart for HYBB: current value at 0.25% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.25%
Expense ratio chart for USFR: current value at 0.15% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.15%

Risk-Adjusted Performance

HYBB vs. USFR - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares BB Rated Corporate Bond ETF (HYBB) and WisdomTree Bloomberg Floating Rate Treasury Fund (USFR). 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.


HYBB
Sharpe ratio
The chart of Sharpe ratio for HYBB, currently valued at 2.71, compared to the broader market-2.000.002.004.006.002.71
Sortino ratio
The chart of Sortino ratio for HYBB, currently valued at 4.14, compared to the broader market-2.000.002.004.006.008.0010.0012.004.14
Omega ratio
The chart of Omega ratio for HYBB, currently valued at 1.53, compared to the broader market1.001.502.002.503.001.53
Calmar ratio
The chart of Calmar ratio for HYBB, currently valued at 1.93, compared to the broader market0.005.0010.0015.001.93
Martin ratio
The chart of Martin ratio for HYBB, currently valued at 21.91, compared to the broader market0.0020.0040.0060.0080.00100.0021.91
USFR
Sharpe ratio
The chart of Sharpe ratio for USFR, currently valued at 14.72, compared to the broader market-2.000.002.004.006.0014.72
Sortino ratio
The chart of Sortino ratio for USFR, currently valued at 52.92, compared to the broader market-2.000.002.004.006.008.0010.0012.0052.92
Omega ratio
The chart of Omega ratio for USFR, currently valued at 12.62, compared to the broader market1.001.502.002.503.0012.62
Calmar ratio
The chart of Calmar ratio for USFR, currently valued at 88.93, compared to the broader market0.005.0010.0015.0088.93
Martin ratio
The chart of Martin ratio for USFR, currently valued at 723.97, compared to the broader market0.0020.0040.0060.0080.00100.00723.97

HYBB vs. USFR - Sharpe Ratio Comparison

The current HYBB Sharpe Ratio is 2.71, which is lower than the USFR Sharpe Ratio of 14.72. The chart below compares the historical Sharpe Ratios of HYBB and USFR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.005.0010.0015.00JuneJulyAugustSeptemberOctoberNovember
2.71
14.72
HYBB
USFR

Dividends

HYBB vs. USFR - Dividend Comparison

HYBB's dividend yield for the trailing twelve months is around 6.13%, more than USFR's 5.31% yield.


TTM20232022202120202019201820172016
HYBB
iShares BB Rated Corporate Bond ETF
6.13%6.28%5.05%4.18%0.76%0.00%0.00%0.00%0.00%
USFR
WisdomTree Bloomberg Floating Rate Treasury Fund
5.31%5.12%1.78%0.01%0.40%2.08%1.67%1.04%0.29%

Drawdowns

HYBB vs. USFR - Drawdown Comparison

The maximum HYBB drawdown since its inception was -15.27%, which is greater than USFR's maximum drawdown of -1.36%. Use the drawdown chart below to compare losses from any high point for HYBB and USFR. For additional features, visit the drawdowns tool.


-1.40%-1.20%-1.00%-0.80%-0.60%-0.40%-0.20%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.43%
0
HYBB
USFR

Volatility

HYBB vs. USFR - Volatility Comparison

iShares BB Rated Corporate Bond ETF (HYBB) has a higher volatility of 1.00% compared to WisdomTree Bloomberg Floating Rate Treasury Fund (USFR) at 0.08%. This indicates that HYBB's price experiences larger fluctuations and is considered to be riskier than USFR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%0.50%1.00%1.50%JuneJulyAugustSeptemberOctoberNovember
1.00%
0.08%
HYBB
USFR