HYLB vs. FTSL
Compare and contrast key facts about Xtrackers USD High Yield Corporate Bond ETF (HYLB) and First Trust Senior Loan Fund (FTSL).
HYLB and FTSL 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. FTSL is an actively managed fund by First Trust. It was launched on May 1, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HYLB or FTSL.
Correlation
The correlation between HYLB and FTSL is 0.47, 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
HYLB vs. FTSL - Performance Comparison
Key characteristics
HYLB:
1.77
FTSL:
4.47
HYLB:
2.53
FTSL:
6.94
HYLB:
1.32
FTSL:
2.22
HYLB:
3.36
FTSL:
8.12
HYLB:
12.16
FTSL:
55.52
HYLB:
0.63%
FTSL:
0.16%
HYLB:
4.33%
FTSL:
1.97%
HYLB:
-22.91%
FTSL:
-22.67%
HYLB:
-1.42%
FTSL:
0.00%
Returns By Period
In the year-to-date period, HYLB achieves a 7.76% return, which is significantly lower than FTSL's 8.61% return.
HYLB
7.76%
-0.45%
5.02%
7.73%
3.33%
N/A
FTSL
8.61%
0.88%
5.34%
8.61%
4.83%
4.33%
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HYLB vs. FTSL - Expense Ratio Comparison
HYLB has a 0.15% expense ratio, which is lower than FTSL's 0.86% expense ratio.
Risk-Adjusted Performance
HYLB vs. FTSL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers USD High Yield Corporate Bond ETF (HYLB) and First Trust Senior Loan Fund (FTSL). 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. FTSL - Dividend Comparison
HYLB's dividend yield for the trailing twelve months is around 6.33%, less than FTSL's 7.54% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Xtrackers USD High Yield Corporate Bond ETF | 6.33% | 5.85% | 5.53% | 4.45% | 5.23% | 5.71% | 5.95% | 5.84% | 0.27% | 0.00% | 0.00% | 0.00% |
First Trust Senior Loan Fund | 7.54% | 7.59% | 4.77% | 3.18% | 3.48% | 4.45% | 4.29% | 3.64% | 3.70% | 3.95% | 3.75% | 2.64% |
Drawdowns
HYLB vs. FTSL - Drawdown Comparison
The maximum HYLB drawdown since its inception was -22.91%, roughly equal to the maximum FTSL drawdown of -22.67%. Use the drawdown chart below to compare losses from any high point for HYLB and FTSL. For additional features, visit the drawdowns tool.
Volatility
HYLB vs. FTSL - Volatility Comparison
Xtrackers USD High Yield Corporate Bond ETF (HYLB) has a higher volatility of 1.49% compared to First Trust Senior Loan Fund (FTSL) at 0.61%. This indicates that HYLB's price experiences larger fluctuations and is considered to be riskier than FTSL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.