HYLB vs. BND
Compare and contrast key facts about Xtrackers USD High Yield Corporate Bond ETF (HYLB) and Vanguard Total Bond Market ETF (BND).
HYLB and BND are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HYLB is a passively managed fund by DWS that tracks the performance of the Solactive USD High Yield Corporates Total Market Index. It was launched on Dec 7, 2016. BND is a passively managed fund by Vanguard that tracks the performance of the Barclays Capital U.S. Aggregate Bond Index. It was launched on Apr 3, 2007. Both HYLB and BND are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HYLB or BND.
Performance
HYLB vs. BND - Performance Comparison
Returns By Period
In the year-to-date period, HYLB achieves a 8.25% return, which is significantly higher than BND's 1.83% return.
HYLB
8.25%
0.15%
6.23%
13.09%
3.93%
N/A
BND
1.83%
-1.26%
2.96%
6.48%
-0.28%
1.41%
Key characteristics
| HYLB | BND | |
|---|---|---|
| Sharpe Ratio | 2.92 | 1.17 |
| Sortino Ratio | 4.57 | 1.71 |
| Omega Ratio | 1.57 | 1.20 |
| Calmar Ratio | 2.85 | 0.45 |
| Martin Ratio | 22.15 | 3.85 |
| Ulcer Index | 0.59% | 1.72% |
| Daily Std Dev | 4.50% | 5.66% |
| Max Drawdown | -22.91% | -18.84% |
| Current Drawdown | -0.38% | -8.96% |
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HYLB vs. BND - Expense Ratio Comparison
HYLB has a 0.15% expense ratio, which is higher than BND's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Correlation
The correlation between HYLB and BND is 0.29, 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.
Risk-Adjusted Performance
HYLB vs. BND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers USD High Yield Corporate Bond ETF (HYLB) and Vanguard Total Bond Market ETF (BND). 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.
Dividends
HYLB vs. BND - Dividend Comparison
HYLB's dividend yield for the trailing twelve months is around 6.05%, more than BND's 3.57% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HYLB Xtrackers USD High Yield Corporate Bond ETF | 6.05% | 5.85% | 5.53% | 4.45% | 5.23% | 5.71% | 5.95% | 5.84% | 0.27% | 0.00% | 0.00% | 0.00% |
BND Vanguard Total Bond Market ETF | 3.57% | 3.09% | 2.60% | 1.97% | 2.22% | 2.72% | 2.81% | 2.54% | 2.51% | 2.57% | 2.79% | 2.78% |
Drawdowns
HYLB vs. BND - Drawdown Comparison
The maximum HYLB drawdown since its inception was -22.91%, which is greater than BND's maximum drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for HYLB and BND. For additional features, visit the drawdowns tool.
Volatility
HYLB vs. BND - Volatility Comparison
The current volatility for Xtrackers USD High Yield Corporate Bond ETF (HYLB) is 1.04%, while Vanguard Total Bond Market ETF (BND) has a volatility of 1.53%. This indicates that HYLB experiences smaller price fluctuations and is considered to be less risky than BND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.