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

Performance

HYDW vs. HYBB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers Low Beta High Yield Bond ETF (HYDW) and iShares BB Rated Corporate Bond ETF (HYBB). The values are adjusted to include any dividend payments, if applicable.

-1.00%0.00%1.00%2.00%3.00%4.00%5.00%JuneJulyAugustSeptemberOctoberNovember
4.17%
4.46%
HYDW
HYBB

Returns By Period

In the year-to-date period, HYDW achieves a 5.70% return, which is significantly lower than HYBB's 6.71% return.


HYDW

YTD

5.70%

1M

-0.15%

6M

4.17%

1Y

9.50%

5Y (annualized)

3.26%

10Y (annualized)

N/A

HYBB

YTD

6.71%

1M

-0.05%

6M

4.47%

1Y

10.95%

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


HYDWHYBB
Sharpe Ratio2.432.56
Sortino Ratio3.753.87
Omega Ratio1.481.49
Calmar Ratio3.882.28
Martin Ratio17.2819.79
Ulcer Index0.56%0.57%
Daily Std Dev3.95%4.37%
Max Drawdown-17.75%-15.27%
Current Drawdown-0.65%-0.50%

Compare stocks, funds, or ETFs

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HYDW vs. HYBB - Expense Ratio Comparison

HYDW has a 0.20% expense ratio, which is lower than HYBB's 0.25% expense ratio. Despite the difference, 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 HYDW: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%

Correlation

-0.50.00.51.01.0

The correlation between HYDW and HYBB is 0.97, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Risk-Adjusted Performance

HYDW vs. HYBB - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers Low Beta High Yield Bond ETF (HYDW) and iShares BB Rated Corporate Bond ETF (HYBB). 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.


Sharpe ratio
The chart of Sharpe ratio for HYDW, currently valued at 2.43, compared to the broader market0.002.004.006.002.432.56
The chart of Sortino ratio for HYDW, currently valued at 3.75, compared to the broader market-2.000.002.004.006.008.0010.0012.003.753.87
The chart of Omega ratio for HYDW, currently valued at 1.48, compared to the broader market0.501.001.502.002.503.001.481.49
The chart of Calmar ratio for HYDW, currently valued at 3.88, compared to the broader market0.005.0010.0015.003.882.28
The chart of Martin ratio for HYDW, currently valued at 17.28, compared to the broader market0.0020.0040.0060.0080.00100.00120.0017.2819.79
HYDW
HYBB

The current HYDW Sharpe Ratio is 2.43, which is comparable to the HYBB Sharpe Ratio of 2.56. The chart below compares the historical Sharpe Ratios of HYDW and HYBB, 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 Ratio1.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
2.43
2.56
HYDW
HYBB

Dividends

HYDW vs. HYBB - Dividend Comparison

HYDW's dividend yield for the trailing twelve months is around 5.64%, less than HYBB's 6.13% yield.


TTM202320222021202020192018
HYDW
Xtrackers Low Beta High Yield Bond ETF
5.64%5.69%4.78%3.30%4.46%4.56%4.42%
HYBB
iShares BB Rated Corporate Bond ETF
6.13%6.28%5.05%4.18%0.76%0.00%0.00%

Drawdowns

HYDW vs. HYBB - Drawdown Comparison

The maximum HYDW drawdown since its inception was -17.75%, which is greater than HYBB's maximum drawdown of -15.27%. Use the drawdown chart below to compare losses from any high point for HYDW and HYBB. For additional features, visit the drawdowns tool.


-1.40%-1.20%-1.00%-0.80%-0.60%-0.40%-0.20%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.65%
-0.50%
HYDW
HYBB

Volatility

HYDW vs. HYBB - Volatility Comparison

Xtrackers Low Beta High Yield Bond ETF (HYDW) and iShares BB Rated Corporate Bond ETF (HYBB) have volatilities of 1.00% and 1.05%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


0.70%0.80%0.90%1.00%1.10%1.20%1.30%JuneJulyAugustSeptemberOctoberNovember
1.00%
1.05%
HYDW
HYBB