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HYLB vs. BSV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between HYLB and BSV is 0.25, 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.


-0.50.00.51.00.2

Performance

HYLB vs. BSV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers USD High Yield Corporate Bond ETF (HYLB) and Vanguard Short-Term Bond ETF (BSV). The values are adjusted to include any dividend payments, if applicable.

0.00%1.00%2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
5.28%
2.11%
HYLB
BSV

Key characteristics

Sharpe Ratio

HYLB:

1.87

BSV:

1.37

Sortino Ratio

HYLB:

2.68

BSV:

2.01

Omega Ratio

HYLB:

1.34

BSV:

1.25

Calmar Ratio

HYLB:

3.56

BSV:

1.17

Martin Ratio

HYLB:

12.81

BSV:

4.83

Ulcer Index

HYLB:

0.63%

BSV:

0.69%

Daily Std Dev

HYLB:

4.33%

BSV:

2.41%

Max Drawdown

HYLB:

-22.91%

BSV:

-8.54%

Current Drawdown

HYLB:

-1.09%

BSV:

-1.48%

Returns By Period

In the year-to-date period, HYLB achieves a 8.12% return, which is significantly higher than BSV's 3.13% return.


HYLB

YTD

8.12%

1M

-0.12%

6M

5.28%

1Y

8.09%

5Y*

3.36%

10Y*

N/A

BSV

YTD

3.13%

1M

-0.09%

6M

2.11%

1Y

3.31%

5Y*

1.19%

10Y*

1.57%

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HYLB vs. BSV - Expense Ratio Comparison

HYLB has a 0.15% expense ratio, which is higher than BSV's 0.04% 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%.


HYLB
Xtrackers USD High Yield Corporate Bond ETF
Expense ratio chart for HYLB: current value at 0.15% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.15%
Expense ratio chart for BSV: current value at 0.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.04%

Risk-Adjusted Performance

HYLB vs. BSV - 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 Short-Term Bond ETF (BSV). 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.


Sharpe ratio
The chart of Sharpe ratio for HYLB, currently valued at 1.87, compared to the broader market0.002.004.001.871.37
The chart of Sortino ratio for HYLB, currently valued at 2.68, compared to the broader market-2.000.002.004.006.008.0010.002.682.01
The chart of Omega ratio for HYLB, currently valued at 1.34, compared to the broader market0.501.001.502.002.503.001.341.25
The chart of Calmar ratio for HYLB, currently valued at 3.56, compared to the broader market0.005.0010.0015.003.561.17
The chart of Martin ratio for HYLB, currently valued at 12.80, compared to the broader market0.0020.0040.0060.0080.00100.0012.814.83
HYLB
BSV

The current HYLB Sharpe Ratio is 1.87, which is higher than the BSV Sharpe Ratio of 1.37. The chart below compares the historical Sharpe Ratios of HYLB and BSV, 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 Ratio1.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
1.87
1.37
HYLB
BSV

Dividends

HYLB vs. BSV - Dividend Comparison

HYLB's dividend yield for the trailing twelve months is around 6.31%, more than BSV's 3.08% yield.


TTM20232022202120202019201820172016201520142013
HYLB
Xtrackers USD High Yield Corporate Bond ETF
6.31%5.85%5.53%4.45%5.23%5.71%5.95%5.84%0.27%0.00%0.00%0.00%
BSV
Vanguard Short-Term Bond ETF
3.08%2.46%1.50%1.45%1.79%2.29%1.99%1.65%1.49%1.40%1.45%1.48%

Drawdowns

HYLB vs. BSV - Drawdown Comparison

The maximum HYLB drawdown since its inception was -22.91%, which is greater than BSV's maximum drawdown of -8.54%. Use the drawdown chart below to compare losses from any high point for HYLB and BSV. For additional features, visit the drawdowns tool.


-1.50%-1.00%-0.50%0.00%JulyAugustSeptemberOctoberNovemberDecember
-1.09%
-1.48%
HYLB
BSV

Volatility

HYLB vs. BSV - Volatility Comparison

Xtrackers USD High Yield Corporate Bond ETF (HYLB) has a higher volatility of 1.53% compared to Vanguard Short-Term Bond ETF (BSV) at 0.63%. This indicates that HYLB's price experiences larger fluctuations and is considered to be riskier than BSV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.40%0.60%0.80%1.00%1.20%1.40%1.60%JulyAugustSeptemberOctoberNovemberDecember
1.53%
0.63%
HYLB
BSV
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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