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

Correlation

The correlation between HYGW and HYGV is 0.40, 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.


Performance

HYGW vs. HYGV - Performance Comparison

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

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Key characteristics

Daily Std Dev

HYGW:

2.06%

HYGV:

6.11%

Max Drawdown

HYGW:

-0.13%

HYGV:

-23.47%

Current Drawdown

HYGW:

-0.13%

HYGV:

-1.69%

Returns By Period


HYGW

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

HYGV

YTD

0.27%

1M

2.92%

6M

-0.18%

1Y

6.29%

5Y*

6.31%

10Y*

N/A

*Annualized

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HYGW vs. HYGV - Expense Ratio Comparison

HYGW has a 0.69% expense ratio, which is higher than HYGV's 0.37% expense ratio.


Risk-Adjusted Performance

HYGW vs. HYGV — Risk-Adjusted Performance Rank

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

HYGW
The Risk-Adjusted Performance Rank of HYGW is 8888
Overall Rank
The Sharpe Ratio Rank of HYGW is 8686
Sharpe Ratio Rank
The Sortino Ratio Rank of HYGW is 8585
Sortino Ratio Rank
The Omega Ratio Rank of HYGW is 8989
Omega Ratio Rank
The Calmar Ratio Rank of HYGW is 8989
Calmar Ratio Rank
The Martin Ratio Rank of HYGW is 9191
Martin Ratio Rank

HYGV
The Risk-Adjusted Performance Rank of HYGV is 8484
Overall Rank
The Sharpe Ratio Rank of HYGV is 8383
Sharpe Ratio Rank
The Sortino Ratio Rank of HYGV is 8181
Sortino Ratio Rank
The Omega Ratio Rank of HYGV is 8585
Omega Ratio Rank
The Calmar Ratio Rank of HYGV is 8686
Calmar Ratio Rank
The Martin Ratio Rank of HYGV is 8686
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.

HYGW vs. HYGV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares High Yield Corporate Bond Buywrite Strategy ETF (HYGW) and FlexShares High Yield Value-Scored US Bond Index Fund (HYGV). 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.



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Dividends

HYGW vs. HYGV - Dividend Comparison

HYGW has not paid dividends to shareholders, while HYGV's dividend yield for the trailing twelve months is around 8.01%.


TTM2024202320222021202020192018
HYGW
iShares High Yield Corporate Bond Buywrite Strategy ETF
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
HYGV
FlexShares High Yield Value-Scored US Bond Index Fund
8.01%8.20%8.77%7.64%6.07%6.18%7.95%5.63%

Drawdowns

HYGW vs. HYGV - Drawdown Comparison

The maximum HYGW drawdown since its inception was -0.13%, smaller than the maximum HYGV drawdown of -23.47%. Use the drawdown chart below to compare losses from any high point for HYGW and HYGV. For additional features, visit the drawdowns tool.


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Volatility

HYGW vs. HYGV - Volatility Comparison


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