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

Correlation

The correlation between HYGV and IWY is 0.73, 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. IWY - 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 Russell Top 200 Growth ETF (IWY). The values are adjusted to include any dividend payments, if applicable.

50.00%100.00%150.00%200.00%NovemberDecember2025FebruaryMarchApril
34.87%
174.76%
HYGV
IWY

Key characteristics

Sharpe Ratio

HYGV:

1.16

IWY:

0.54

Sortino Ratio

HYGV:

1.63

IWY:

0.91

Omega Ratio

HYGV:

1.26

IWY:

1.13

Calmar Ratio

HYGV:

1.28

IWY:

0.58

Martin Ratio

HYGV:

6.48

IWY:

1.99

Ulcer Index

HYGV:

1.10%

IWY:

6.81%

Daily Std Dev

HYGV:

6.14%

IWY:

25.13%

Max Drawdown

HYGV:

-23.47%

IWY:

-32.68%

Current Drawdown

HYGV:

-1.63%

IWY:

-12.86%

Returns By Period

In the year-to-date period, HYGV achieves a 0.33% return, which is significantly higher than IWY's -9.46% return.


HYGV

YTD

0.33%

1M

-0.59%

6M

1.29%

1Y

7.52%

5Y*

6.74%

10Y*

N/A

IWY

YTD

-9.46%

1M

-1.85%

6M

-4.83%

1Y

14.40%

5Y*

18.59%

10Y*

16.07%

*Annualized

Compare stocks, funds, or ETFs

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


HYGV vs. IWY - Expense Ratio Comparison

HYGV has a 0.37% expense ratio, which is higher than IWY's 0.20% expense ratio.


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%
Expense ratio chart for IWY: current value is 0.20%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
IWY: 0.20%

Risk-Adjusted Performance

HYGV vs. IWY — 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

IWY
The Risk-Adjusted Performance Rank of IWY is 6161
Overall Rank
The Sharpe Ratio Rank of IWY is 5959
Sharpe Ratio Rank
The Sortino Ratio Rank of IWY is 6060
Sortino Ratio Rank
The Omega Ratio Rank of IWY is 6060
Omega Ratio Rank
The Calmar Ratio Rank of IWY is 6767
Calmar Ratio Rank
The Martin Ratio Rank of IWY is 5959
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. IWY - 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 Russell Top 200 Growth ETF (IWY). 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
IWY: 0.54
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
IWY: 0.91
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
IWY: 1.13
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
IWY: 0.58
The chart of Martin ratio for HYGV, currently valued at 6.48, compared to the broader market0.0020.0040.0060.00
HYGV: 6.48
IWY: 1.99

The current HYGV Sharpe Ratio is 1.16, which is higher than the IWY Sharpe Ratio of 0.54. The chart below compares the historical Sharpe Ratios of HYGV and IWY, 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 Ratio0.001.002.003.00NovemberDecember2025FebruaryMarchApril
1.16
0.54
HYGV
IWY

Dividends

HYGV vs. IWY - Dividend Comparison

HYGV's dividend yield for the trailing twelve months is around 8.00%, more than IWY's 0.46% 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%
IWY
iShares Russell Top 200 Growth ETF
0.46%0.42%0.68%0.88%0.50%0.71%1.06%1.32%1.26%1.51%1.58%1.44%

Drawdowns

HYGV vs. IWY - Drawdown Comparison

The maximum HYGV drawdown since its inception was -23.47%, smaller than the maximum IWY drawdown of -32.68%. Use the drawdown chart below to compare losses from any high point for HYGV and IWY. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-1.63%
-12.86%
HYGV
IWY

Volatility

HYGV vs. IWY - Volatility Comparison

The current volatility for FlexShares High Yield Value-Scored US Bond Index Fund (HYGV) is 4.84%, while iShares Russell Top 200 Growth ETF (IWY) has a volatility of 16.41%. This indicates that HYGV experiences smaller price fluctuations and is considered to be less risky than IWY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%NovemberDecember2025FebruaryMarchApril
4.84%
16.41%
HYGV
IWY