HYGI vs. SHV
Compare and contrast key facts about iShares Inflation Hedged High Yield Bond ETF (HYGI) and iShares Short Treasury Bond ETF (SHV).
HYGI and SHV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HYGI is a passively managed fund by iShares that tracks the performance of the BlackRock Inflation Hedged High Yield Bond Index - Benchmark TR Gross. It was launched on Jun 22, 2022. SHV is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. Short Treasury Bond Index. It was launched on Jan 11, 2007. Both HYGI and SHV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HYGI or SHV.
Correlation
The correlation between HYGI and SHV is 0.13, 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.
Performance
HYGI vs. SHV - Performance Comparison
Key characteristics
HYGI:
1.25
SHV:
21.23
HYGI:
1.82
SHV:
282.91
HYGI:
1.28
SHV:
133.27
HYGI:
1.67
SHV:
539.15
HYGI:
10.40
SHV:
4,600.10
HYGI:
0.73%
SHV:
0.00%
HYGI:
6.08%
SHV:
0.23%
HYGI:
-9.65%
SHV:
-0.46%
HYGI:
-2.70%
SHV:
0.00%
Returns By Period
In the year-to-date period, HYGI achieves a 0.02% return, which is significantly lower than SHV's 1.19% return.
HYGI
0.02%
-1.43%
0.85%
8.12%
N/A
N/A
SHV
1.19%
0.33%
2.18%
4.92%
2.42%
1.80%
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HYGI vs. SHV - Expense Ratio Comparison
HYGI has a 0.52% expense ratio, which is higher than SHV's 0.15% expense ratio.
Risk-Adjusted Performance
HYGI vs. SHV — Risk-Adjusted Performance Rank
HYGI
SHV
HYGI vs. SHV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Inflation Hedged High Yield Bond ETF (HYGI) and iShares Short Treasury Bond ETF (SHV). 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.
Dividends
HYGI vs. SHV - Dividend Comparison
HYGI's dividend yield for the trailing twelve months is around 6.17%, more than SHV's 4.78% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HYGI iShares Inflation Hedged High Yield Bond ETF | 6.17% | 6.08% | 6.22% | 3.19% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SHV iShares Short Treasury Bond ETF | 4.78% | 5.02% | 4.73% | 1.39% | 0.00% | 0.74% | 2.19% | 1.66% | 0.72% | 0.34% | 0.03% | 0.00% |
Drawdowns
HYGI vs. SHV - Drawdown Comparison
The maximum HYGI drawdown since its inception was -9.65%, which is greater than SHV's maximum drawdown of -0.46%. Use the drawdown chart below to compare losses from any high point for HYGI and SHV. For additional features, visit the drawdowns tool.
Volatility
HYGI vs. SHV - Volatility Comparison
iShares Inflation Hedged High Yield Bond ETF (HYGI) has a higher volatility of 4.60% compared to iShares Short Treasury Bond ETF (SHV) at 0.06%. This indicates that HYGI's price experiences larger fluctuations and is considered to be riskier than SHV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.