HYGV vs. YLD
Compare and contrast key facts about FlexShares High Yield Value-Scored US Bond Index Fund (HYGV) and Principal Active High Yield ETF (YLD).
HYGV and YLD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. YLD is an actively managed fund by Principal. It was launched on Jul 9, 2015.
Performance
HYGV vs. YLD - Performance Comparison
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HYGV vs. YLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
HYGV FlexShares High Yield Value-Scored US Bond Index Fund | -0.23% | 7.92% | 8.02% | 12.11% | -12.60% | 5.93% | 8.01% | 15.76% | -4.15% |
YLD Principal Active High Yield ETF | 0.88% | 6.55% | 9.19% | 12.93% | -8.78% | 9.17% | 1.50% | 13.58% | -3.01% |
Returns By Period
In the year-to-date period, HYGV achieves a -0.23% return, which is significantly lower than YLD's 0.88% return.
HYGV
- 1D
- 0.29%
- 1M
- -0.80%
- YTD
- -0.23%
- 6M
- 0.82%
- 1Y
- 6.88%
- 3Y*
- 7.94%
- 5Y*
- 3.43%
- 10Y*
- —
YLD
- 1D
- -0.07%
- 1M
- -0.60%
- YTD
- 0.88%
- 6M
- 1.03%
- 1Y
- 6.77%
- 3Y*
- 8.51%
- 5Y*
- 4.93%
- 10Y*
- 5.97%
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HYGV vs. YLD - Expense Ratio Comparison
HYGV has a 0.37% expense ratio, which is lower than YLD's 0.39% expense ratio.
Return for Risk
HYGV vs. YLD — Risk / Return Rank
HYGV
YLD
HYGV vs. YLD - 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 Principal Active High Yield ETF (YLD). 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 | YLD | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.12 | 1.05 | +0.07 |
Sortino ratioReturn per unit of downside risk | 1.59 | 1.55 | +0.04 |
Omega ratioGain probability vs. loss probability | 1.27 | 1.25 | +0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.57 | 1.56 | +0.01 |
Martin ratioReturn relative to average drawdown | 7.57 | 8.23 | -0.67 |
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 | YLD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.12 | 1.05 | +0.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.45 | 0.78 | -0.32 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.72 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.53 | 0.63 | -0.10 |
Correlation
The correlation between HYGV and YLD is 0.65, 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.
Dividends
HYGV vs. YLD - Dividend Comparison
HYGV's dividend yield for the trailing twelve months is around 7.52%, more than YLD's 7.38% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HYGV FlexShares High Yield Value-Scored US Bond Index Fund | 7.52% | 7.48% | 8.20% | 8.77% | 7.64% | 6.07% | 6.18% | 7.95% | 5.63% | 0.00% | 0.00% | 0.00% |
YLD Principal Active High Yield ETF | 7.38% | 7.33% | 7.12% | 6.46% | 6.51% | 3.92% | 4.40% | 4.81% | 5.42% | 6.28% | 4.47% | 2.56% |
Drawdowns
HYGV vs. YLD - Drawdown Comparison
The maximum HYGV drawdown since its inception was -23.47%, smaller than the maximum YLD drawdown of -28.34%. Use the drawdown chart below to compare losses from any high point for HYGV and YLD.
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Drawdown Indicators
| HYGV | YLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.47% | -28.34% | +4.87% |
Max Drawdown (1Y)Largest decline over 1 year | -4.54% | -4.42% | -0.12% |
Max Drawdown (5Y)Largest decline over 5 years | -17.12% | -13.89% | -3.23% |
Max Drawdown (10Y)Largest decline over 10 years | — | -28.34% | — |
Current DrawdownCurrent decline from peak | -1.32% | -0.85% | -0.47% |
Average DrawdownAverage peak-to-trough decline | -3.39% | -2.74% | -0.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.94% | 0.84% | +0.10% |
Volatility
HYGV vs. YLD - Volatility Comparison
FlexShares High Yield Value-Scored US Bond Index Fund (HYGV) and Principal Active High Yield ETF (YLD) have volatilities of 2.32% and 2.34%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HYGV | YLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.32% | 2.34% | -0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 2.99% | 3.40% | -0.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.19% | 6.50% | -0.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.57% | 6.38% | +1.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.28% | 8.26% | +1.02% |