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

Key characteristics


HYGVPFXF
YTD Return8.52%12.26%
1Y Return15.17%21.06%
3Y Return (Ann)2.47%1.20%
5Y Return (Ann)4.76%4.54%
Sharpe Ratio3.102.28
Sortino Ratio4.833.24
Omega Ratio1.631.42
Calmar Ratio1.781.21
Martin Ratio24.1612.11
Ulcer Index0.59%1.63%
Daily Std Dev4.58%8.66%
Max Drawdown-23.47%-35.49%
Current Drawdown0.00%-0.08%

Correlation

-0.50.00.51.00.6

The correlation between HYGV and PFXF is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Performance

HYGV vs. PFXF - Performance Comparison

In the year-to-date period, HYGV achieves a 8.52% return, which is significantly lower than PFXF's 12.26% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


24.00%26.00%28.00%30.00%32.00%34.00%36.00%38.00%JuneJulyAugustSeptemberOctoberNovember
36.51%
36.92%
HYGV
PFXF

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HYGV vs. PFXF - Expense Ratio Comparison

HYGV has a 0.37% expense ratio, which is lower than PFXF's 0.41% expense ratio.


PFXF
VanEck Vectors Preferred Securities ex Financials ETF
Expense ratio chart for PFXF: current value at 0.41% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.41%
Expense ratio chart for HYGV: current value at 0.37% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.37%

Risk-Adjusted Performance

HYGV vs. PFXF - 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 VanEck Vectors Preferred Securities ex Financials ETF (PFXF). 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
Sharpe ratio
The chart of Sharpe ratio for HYGV, currently valued at 3.10, compared to the broader market-2.000.002.004.003.10
Sortino ratio
The chart of Sortino ratio for HYGV, currently valued at 4.83, compared to the broader market0.005.0010.004.83
Omega ratio
The chart of Omega ratio for HYGV, currently valued at 1.63, compared to the broader market1.001.502.002.503.001.63
Calmar ratio
The chart of Calmar ratio for HYGV, currently valued at 1.78, compared to the broader market0.005.0010.0015.001.78
Martin ratio
The chart of Martin ratio for HYGV, currently valued at 24.16, compared to the broader market0.0020.0040.0060.0080.00100.0024.16
PFXF
Sharpe ratio
The chart of Sharpe ratio for PFXF, currently valued at 2.28, compared to the broader market-2.000.002.004.002.28
Sortino ratio
The chart of Sortino ratio for PFXF, currently valued at 3.24, compared to the broader market0.005.0010.003.24
Omega ratio
The chart of Omega ratio for PFXF, currently valued at 1.42, compared to the broader market1.001.502.002.503.001.42
Calmar ratio
The chart of Calmar ratio for PFXF, currently valued at 1.21, compared to the broader market0.005.0010.0015.001.21
Martin ratio
The chart of Martin ratio for PFXF, currently valued at 12.11, compared to the broader market0.0020.0040.0060.0080.00100.0012.11

HYGV vs. PFXF - Sharpe Ratio Comparison

The current HYGV Sharpe Ratio is 3.10, which is higher than the PFXF Sharpe Ratio of 2.28. The chart below compares the historical Sharpe Ratios of HYGV and PFXF, 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 Ratio0.001.002.003.004.00JuneJulyAugustSeptemberOctoberNovember
3.10
2.28
HYGV
PFXF

Dividends

HYGV vs. PFXF - Dividend Comparison

HYGV's dividend yield for the trailing twelve months is around 8.23%, more than PFXF's 6.78% yield.


TTM20232022202120202019201820172016201520142013
HYGV
FlexShares High Yield Value-Scored US Bond Index Fund
8.23%8.77%7.64%7.15%6.18%7.95%5.63%0.00%0.00%0.00%0.00%0.00%
PFXF
VanEck Vectors Preferred Securities ex Financials ETF
6.78%7.89%6.74%4.67%5.19%5.35%6.57%5.93%5.81%5.98%5.92%6.50%

Drawdowns

HYGV vs. PFXF - Drawdown Comparison

The maximum HYGV drawdown since its inception was -23.47%, smaller than the maximum PFXF drawdown of -35.49%. Use the drawdown chart below to compare losses from any high point for HYGV and PFXF. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember0
-0.08%
HYGV
PFXF

Volatility

HYGV vs. PFXF - Volatility Comparison

The current volatility for FlexShares High Yield Value-Scored US Bond Index Fund (HYGV) is 1.03%, while VanEck Vectors Preferred Securities ex Financials ETF (PFXF) has a volatility of 2.92%. This indicates that HYGV experiences smaller price fluctuations and is considered to be less risky than PFXF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%1.50%2.00%2.50%3.00%3.50%JuneJulyAugustSeptemberOctoberNovember
1.03%
2.92%
HYGV
PFXF