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HYGV vs. HYGH
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between HYGV and HYGH is 0.72, 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.


-0.50.00.51.0
Correlation: 0.7

Performance

HYGV vs. HYGH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FlexShares High Yield Value-Scored US Bond Index Fund (HYGV) and iShares Interest Rate Hedged High Yield Bond ETF (HYGH). The values are adjusted to include any dividend payments, if applicable.

30.00%35.00%40.00%NovemberDecember2025FebruaryMarchApril
34.87%
40.10%
HYGV
HYGH

Key characteristics

Sharpe Ratio

HYGV:

1.16

HYGH:

0.92

Sortino Ratio

HYGV:

1.63

HYGH:

1.17

Omega Ratio

HYGV:

1.26

HYGH:

1.24

Calmar Ratio

HYGV:

1.28

HYGH:

0.86

Martin Ratio

HYGV:

6.48

HYGH:

5.40

Ulcer Index

HYGV:

1.10%

HYGH:

1.28%

Daily Std Dev

HYGV:

6.14%

HYGH:

7.55%

Max Drawdown

HYGV:

-23.47%

HYGH:

-23.88%

Current Drawdown

HYGV:

-1.63%

HYGH:

-2.05%

Returns By Period

In the year-to-date period, HYGV achieves a 0.33% return, which is significantly higher than HYGH's -0.29% return.


HYGV

YTD

0.33%

1M

-0.59%

6M

1.29%

1Y

7.52%

5Y*

6.74%

10Y*

N/A

HYGH

YTD

-0.29%

1M

-0.93%

6M

1.57%

1Y

6.92%

5Y*

8.49%

10Y*

4.87%

*Annualized

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HYGV vs. HYGH - Expense Ratio Comparison

HYGV has a 0.37% expense ratio, which is lower than HYGH's 0.53% expense ratio.


Expense ratio chart for HYGH: current value is 0.53%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
HYGH: 0.53%
Expense ratio chart for HYGV: current value is 0.37%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
HYGV: 0.37%

Risk-Adjusted Performance

HYGV vs. HYGH — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HYGV
The Risk-Adjusted Performance Rank of HYGV is 8585
Overall Rank
The Sharpe Ratio Rank of HYGV is 8383
Sharpe Ratio Rank
The Sortino Ratio Rank of HYGV is 8282
Sortino Ratio Rank
The Omega Ratio Rank of HYGV is 8787
Omega Ratio Rank
The Calmar Ratio Rank of HYGV is 8787
Calmar Ratio Rank
The Martin Ratio Rank of HYGV is 8888
Martin Ratio Rank

HYGH
The Risk-Adjusted Performance Rank of HYGH is 8080
Overall Rank
The Sharpe Ratio Rank of HYGH is 7777
Sharpe Ratio Rank
The Sortino Ratio Rank of HYGH is 7272
Sortino Ratio Rank
The Omega Ratio Rank of HYGH is 8585
Omega Ratio Rank
The Calmar Ratio Rank of HYGH is 7878
Calmar Ratio Rank
The Martin Ratio Rank of HYGH is 8585
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

HYGV vs. HYGH - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for FlexShares High Yield Value-Scored US Bond Index Fund (HYGV) and iShares Interest Rate Hedged High Yield Bond ETF (HYGH). 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.


The chart of Sharpe ratio for HYGV, currently valued at 1.16, compared to the broader market-1.000.001.002.003.004.00
HYGV: 1.16
HYGH: 0.92
The chart of Sortino ratio for HYGV, currently valued at 1.63, compared to the broader market-2.000.002.004.006.008.00
HYGV: 1.63
HYGH: 1.17
The chart of Omega ratio for HYGV, currently valued at 1.26, compared to the broader market0.501.001.502.002.50
HYGV: 1.26
HYGH: 1.24
The chart of Calmar ratio for HYGV, currently valued at 1.28, compared to the broader market0.002.004.006.008.0010.0012.00
HYGV: 1.28
HYGH: 0.86
The chart of Martin ratio for HYGV, currently valued at 6.48, compared to the broader market0.0020.0040.0060.00
HYGV: 6.48
HYGH: 5.40

The current HYGV Sharpe Ratio is 1.16, which is comparable to the HYGH Sharpe Ratio of 0.92. The chart below compares the historical Sharpe Ratios of HYGV and HYGH, 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 Ratio0.000.501.001.502.002.503.003.50NovemberDecember2025FebruaryMarchApril
1.16
0.92
HYGV
HYGH

Dividends

HYGV vs. HYGH - Dividend Comparison

HYGV's dividend yield for the trailing twelve months is around 8.00%, more than HYGH's 7.68% yield.


TTM20242023202220212020201920182017201620152014
HYGV
FlexShares High Yield Value-Scored US Bond Index Fund
8.00%8.20%8.77%7.64%6.07%6.18%7.95%5.63%0.00%0.00%0.00%0.00%
HYGH
iShares Interest Rate Hedged High Yield Bond ETF
7.68%7.85%8.95%6.21%3.74%4.06%4.89%6.45%4.79%4.60%5.75%3.62%

Drawdowns

HYGV vs. HYGH - Drawdown Comparison

The maximum HYGV drawdown since its inception was -23.47%, roughly equal to the maximum HYGH drawdown of -23.88%. Use the drawdown chart below to compare losses from any high point for HYGV and HYGH. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%NovemberDecember2025FebruaryMarchApril
-1.63%
-2.05%
HYGV
HYGH

Volatility

HYGV vs. HYGH - Volatility Comparison

The current volatility for FlexShares High Yield Value-Scored US Bond Index Fund (HYGV) is 4.84%, while iShares Interest Rate Hedged High Yield Bond ETF (HYGH) has a volatility of 6.21%. This indicates that HYGV experiences smaller price fluctuations and is considered to be less risky than HYGH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%6.00%NovemberDecember2025FebruaryMarchApril
4.84%
6.21%
HYGV
HYGH