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

Key characteristics


HYDWVWEAX
YTD Return5.53%6.09%
1Y Return10.39%12.57%
3Y Return (Ann)2.46%2.83%
5Y Return (Ann)3.22%3.79%
Sharpe Ratio2.533.46
Sortino Ratio3.985.98
Omega Ratio1.511.90
Calmar Ratio3.013.08
Martin Ratio18.8822.42
Ulcer Index0.54%0.56%
Daily Std Dev4.06%3.63%
Max Drawdown-17.75%-30.03%
Current Drawdown-0.81%-0.57%

Correlation

-0.50.00.51.00.6

The correlation between HYDW and VWEAX is 0.59, 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

HYDW vs. VWEAX - Performance Comparison

In the year-to-date period, HYDW achieves a 5.53% return, which is significantly lower than VWEAX's 6.09% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-1.00%0.00%1.00%2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
4.34%
5.31%
HYDW
VWEAX

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Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


HYDW vs. VWEAX - Expense Ratio Comparison

HYDW has a 0.20% expense ratio, which is higher than VWEAX's 0.13% 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%.


HYDW
Xtrackers Low Beta High Yield Bond ETF
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%
Expense ratio chart for VWEAX: current value at 0.13% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.13%

Risk-Adjusted Performance

HYDW vs. VWEAX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers Low Beta High Yield Bond ETF (HYDW) and Vanguard High-Yield Corporate Fund Admiral Shares (VWEAX). 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.


HYDW
Sharpe ratio
The chart of Sharpe ratio for HYDW, currently valued at 2.53, compared to the broader market-2.000.002.004.006.002.53
Sortino ratio
The chart of Sortino ratio for HYDW, currently valued at 3.98, compared to the broader market-2.000.002.004.006.008.0010.0012.003.98
Omega ratio
The chart of Omega ratio for HYDW, currently valued at 1.51, compared to the broader market1.001.502.002.503.001.51
Calmar ratio
The chart of Calmar ratio for HYDW, currently valued at 3.01, compared to the broader market0.005.0010.0015.003.01
Martin ratio
The chart of Martin ratio for HYDW, currently valued at 18.88, compared to the broader market0.0020.0040.0060.0080.00100.0018.88
VWEAX
Sharpe ratio
The chart of Sharpe ratio for VWEAX, currently valued at 3.46, compared to the broader market-2.000.002.004.006.003.46
Sortino ratio
The chart of Sortino ratio for VWEAX, currently valued at 5.98, compared to the broader market-2.000.002.004.006.008.0010.0012.005.98
Omega ratio
The chart of Omega ratio for VWEAX, currently valued at 1.90, compared to the broader market1.001.502.002.503.001.90
Calmar ratio
The chart of Calmar ratio for VWEAX, currently valued at 3.08, compared to the broader market0.005.0010.0015.003.08
Martin ratio
The chart of Martin ratio for VWEAX, currently valued at 22.42, compared to the broader market0.0020.0040.0060.0080.00100.0022.42

HYDW vs. VWEAX - Sharpe Ratio Comparison

The current HYDW Sharpe Ratio is 2.53, which is comparable to the VWEAX Sharpe Ratio of 3.46. The chart below compares the historical Sharpe Ratios of HYDW and VWEAX, 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 Ratio1.502.002.503.003.504.00JuneJulyAugustSeptemberOctoberNovember
2.53
3.46
HYDW
VWEAX

Dividends

HYDW vs. VWEAX - Dividend Comparison

HYDW's dividend yield for the trailing twelve months is around 5.65%, less than VWEAX's 6.10% yield.


TTM20232022202120202019201820172016201520142013
HYDW
Xtrackers Low Beta High Yield Bond ETF
5.65%5.69%4.78%3.30%4.46%4.56%4.42%0.00%0.00%0.00%0.00%0.00%
VWEAX
Vanguard High-Yield Corporate Fund Admiral Shares
6.10%5.79%5.20%4.24%4.72%5.32%6.10%5.42%5.49%5.99%5.71%5.89%

Drawdowns

HYDW vs. VWEAX - Drawdown Comparison

The maximum HYDW drawdown since its inception was -17.75%, smaller than the maximum VWEAX drawdown of -30.03%. Use the drawdown chart below to compare losses from any high point for HYDW and VWEAX. For additional features, visit the drawdowns tool.


-1.40%-1.20%-1.00%-0.80%-0.60%-0.40%-0.20%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.81%
-0.57%
HYDW
VWEAX

Volatility

HYDW vs. VWEAX - Volatility Comparison

Xtrackers Low Beta High Yield Bond ETF (HYDW) has a higher volatility of 1.00% compared to Vanguard High-Yield Corporate Fund Admiral Shares (VWEAX) at 0.71%. This indicates that HYDW's price experiences larger fluctuations and is considered to be riskier than VWEAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.60%0.80%1.00%1.20%JuneJulyAugustSeptemberOctoberNovember
1.00%
0.71%
HYDW
VWEAX