HYGI vs. RINF
HYGI (iShares Inflation Hedged High Yield Bond ETF) and RINF (ProShares Inflation Expectations ETF) are both Inflation-Protected Bonds funds - HYGI tracks the BlackRock Inflation Hedged High Yield Bond Index - Benchmark TR Gross while RINF tracks the FTSE 30-Year TIPS (Treasury Rate-Hedged) Index. Both are passively managed. Their 0.03 correlation means their historical movements had little consistent relationship. HYGI charges 0.52%/yr vs 0.30%/yr for RINF.
Performance
HYGI vs. RINF - Performance Comparison
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Returns By Period
HYGI
- 1D
- —
- 1M
- —
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
RINF
- 1D
- 0.46%
- 1M
- 1.46%
- 6M
- 2.89%
- YTD
- 3.18%
- 1Y
- 4.68%
- 3Y*
- 3.98%
- 5Y*
- 5.76%
- 10Y*
- 4.81%
- ALL TIME*
- 1.02%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $118.15K | $123.66K | $133.91K |
HYGI vs. RINF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
HYGI iShares Inflation Hedged High Yield Bond ETF | 0.00% | 6.20% | 9.16% | 11.71% | 0.65% |
RINF ProShares Inflation Expectations ETF | 3.18% | 1.64% | 9.79% | 0.21% | 1.14% |
Correlation
The correlation between HYGI and RINF is 0.07, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.07 |
Correlation (3Y) Balances recent behavior with more history. | -0.07 |
Correlation (All Time) Calculated using the full available price history since Jun 24, 2022 | 0.03 |
The correlation between HYGI and RINF shifts across timeframes, from -0.07 (3 years) to 0.07 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
HYGI vs. RINF — Risk / Return Rank
HYGI
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
RINF
HYGI vs. RINF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Inflation Hedged High Yield Bond ETF (HYGI) and ProShares Inflation Expectations ETF (RINF). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| HYGI | RINF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.15 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.64 | — |
| Martin ratioReturn relative to average drawdown | — | 4.07 | — |
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Drawdowns
HYGI vs. RINF - Drawdown Comparison
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Drawdown Indicators
| HYGI | RINF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | — | -43.51% | — |
Max Drawdown (1Y)Largest decline over 1 year | — | -2.29% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -9.62% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -13.58% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -29.18% | — |
Current DrawdownCurrent decline from peak | — | 0.00% | — |
Average DrawdownAverage peak-to-trough decline | — | -16.28% | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.93% | — |
Volatility
HYGI vs. RINF - Volatility Comparison
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Volatility by Period
| HYGI | RINF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.48% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 3.13% | — |
Volatility (1Y)Calculated over the trailing 1-year period | — | 4.33% | — |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | — | 12.51% | — |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | — | 12.54% | — |
HYGI vs. RINF - Expense Ratio Comparison
HYGI has a 0.52% expense ratio, which is higher than RINF's 0.30% expense ratio.
Dividends
HYGI vs. RINF - Dividend Comparison
HYGI has not paid dividends to shareholders, while RINF's dividend yield for the trailing twelve months is around 3.63%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HYGI iShares Inflation Hedged High Yield Bond ETF | 0.50% | 3.41% | 6.08% | 6.22% | 3.19% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RINF ProShares Inflation Expectations ETF | 3.63% | 3.89% | 4.68% | 5.07% | 1.15% | 2.76% | 0.82% | 1.90% | 2.47% | 2.99% | 1.09% | 1.83% |
Frequently Asked Questions
HYGI and RINF have a correlation of 0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, RINF is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
RINF is cheaper with a 0.30% expense ratio, compared with 0.52% for HYGI.
RINF has the higher dividend yield at 3.63%, compared with 0.50% for HYGI.
HYGI tracks BlackRock Inflation Hedged High Yield Bond Index - Benchmark TR Gross, while RINF tracks FTSE 30-Year TIPS (Treasury Rate-Hedged) Index. They also come from different issuers: iShares and ProShares. Their fees differ too: 0.52% for HYGI and 0.30% for RINF.
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