HYGV vs. AGEPX
Compare and contrast key facts about FlexShares High Yield Value-Scored US Bond Index Fund (HYGV) and American Beacon Frontier Markets Income Fund (AGEPX).
HYGV is a passively managed fund by Northern Trust that tracks the performance of the Northern Trust High Yield Value-Scored US Corporate Bond Index. It was launched on Jul 17, 2018. AGEPX is managed by American Beacon. It was launched on Feb 24, 2014.
Performance
HYGV vs. AGEPX - Performance Comparison
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HYGV vs. AGEPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
HYGV FlexShares High Yield Value-Scored US Bond Index Fund | -0.03% | 7.92% | 8.02% | 12.11% | -12.60% | 5.93% | 8.01% | 15.76% | -4.15% |
AGEPX American Beacon Frontier Markets Income Fund | 1.29% | 18.76% | 15.58% | 12.83% | -12.84% | 6.64% | 2.25% | 13.10% | -2.81% |
Returns By Period
In the year-to-date period, HYGV achieves a -0.03% return, which is significantly lower than AGEPX's 1.29% return.
HYGV
- 1D
- 0.20%
- 1M
- -0.38%
- YTD
- -0.03%
- 6M
- 1.12%
- 1Y
- 6.92%
- 3Y*
- 8.03%
- 5Y*
- 3.47%
- 10Y*
- —
AGEPX
- 1D
- -0.40%
- 1M
- -2.21%
- YTD
- 1.29%
- 6M
- 6.85%
- 1Y
- 17.92%
- 3Y*
- 15.90%
- 5Y*
- 7.73%
- 10Y*
- 7.47%
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HYGV vs. AGEPX - Expense Ratio Comparison
HYGV has a 0.37% expense ratio, which is lower than AGEPX's 1.38% expense ratio.
Return for Risk
HYGV vs. AGEPX — Risk / Return Rank
HYGV
AGEPX
HYGV vs. AGEPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FlexShares High Yield Value-Scored US Bond Index Fund (HYGV) and American Beacon Frontier Markets Income Fund (AGEPX). 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.
| HYGV | AGEPX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.12 | 3.92 | -2.80 |
Sortino ratioReturn per unit of downside risk | 1.60 | 5.48 | -3.88 |
Omega ratioGain probability vs. loss probability | 1.27 | 2.02 | -0.75 |
Calmar ratioReturn relative to maximum drawdown | 1.56 | 4.33 | -2.77 |
Martin ratioReturn relative to average drawdown | 7.50 | 20.61 | -13.11 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HYGV | AGEPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.12 | 3.92 | -2.80 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.46 | 1.52 | -1.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.50 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.53 | 1.25 | -0.72 |
Correlation
The correlation between HYGV and AGEPX is 0.32, 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.
Dividends
HYGV vs. AGEPX - Dividend Comparison
HYGV's dividend yield for the trailing twelve months is around 7.50%, less than AGEPX's 8.99% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HYGV FlexShares High Yield Value-Scored US Bond Index Fund | 7.50% | 7.48% | 8.20% | 8.77% | 7.64% | 6.07% | 6.18% | 7.95% | 5.63% | 0.00% | 0.00% | 0.00% |
AGEPX American Beacon Frontier Markets Income Fund | 8.99% | 9.79% | 11.92% | 9.40% | 7.26% | 7.65% | 7.07% | 8.38% | 9.55% | 7.09% | 8.28% | 6.80% |
Drawdowns
HYGV vs. AGEPX - Drawdown Comparison
The maximum HYGV drawdown since its inception was -23.47%, roughly equal to the maximum AGEPX drawdown of -22.47%. Use the drawdown chart below to compare losses from any high point for HYGV and AGEPX.
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Drawdown Indicators
| HYGV | AGEPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.47% | -22.47% | -1.00% |
Max Drawdown (1Y)Largest decline over 1 year | -3.16% | -3.45% | +0.29% |
Max Drawdown (5Y)Largest decline over 5 years | -17.12% | -22.47% | +5.35% |
Max Drawdown (10Y)Largest decline over 10 years | — | -22.47% | — |
Current DrawdownCurrent decline from peak | -1.12% | -3.43% | +2.31% |
Average DrawdownAverage peak-to-trough decline | -3.39% | -3.69% | +0.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.95% | 0.87% | +0.08% |
Volatility
HYGV vs. AGEPX - Volatility Comparison
FlexShares High Yield Value-Scored US Bond Index Fund (HYGV) has a higher volatility of 2.32% compared to American Beacon Frontier Markets Income Fund (AGEPX) at 1.63%. This indicates that HYGV's price experiences larger fluctuations and is considered to be riskier than AGEPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HYGV | AGEPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.32% | 1.63% | +0.69% |
Volatility (6M)Calculated over the trailing 6-month period | 2.99% | 2.79% | +0.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.19% | 4.63% | +1.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.56% | 5.12% | +2.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.28% | 4.99% | +4.29% |