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

Correlation

The correlation between HYLB and JNK is 0.96, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.01.0

Performance

HYLB vs. JNK - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers USD High Yield Corporate Bond ETF (HYLB) and SPDR Barclays High Yield Bond ETF (JNK). 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%
4.81%
HYLB
JNK

Key characteristics

Sharpe Ratio

HYLB:

1.87

JNK:

1.69

Sortino Ratio

HYLB:

2.68

JNK:

2.40

Omega Ratio

HYLB:

1.34

JNK:

1.30

Calmar Ratio

HYLB:

3.56

JNK:

2.99

Martin Ratio

HYLB:

12.81

JNK:

11.53

Ulcer Index

HYLB:

0.63%

JNK:

0.66%

Daily Std Dev

HYLB:

4.33%

JNK:

4.49%

Max Drawdown

HYLB:

-22.91%

JNK:

-38.48%

Current Drawdown

HYLB:

-1.09%

JNK:

-1.18%

Returns By Period

In the year-to-date period, HYLB achieves a 8.12% return, which is significantly higher than JNK's 7.68% return.


HYLB

YTD

8.12%

1M

-0.12%

6M

5.28%

1Y

8.09%

5Y*

3.36%

10Y*

N/A

JNK

YTD

7.68%

1M

-0.17%

6M

4.81%

1Y

7.59%

5Y*

3.01%

10Y*

3.86%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


HYLB vs. JNK - Expense Ratio Comparison

HYLB has a 0.15% expense ratio, which is lower than JNK's 0.40% expense ratio.


JNK
SPDR Barclays High Yield Bond ETF
Expense ratio chart for JNK: current value at 0.40% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.40%
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%

Risk-Adjusted Performance

HYLB vs. JNK - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers USD High Yield Corporate Bond ETF (HYLB) and SPDR Barclays High Yield Bond ETF (JNK). 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 market0.002.004.001.871.69
The chart of Sortino ratio for HYLB, currently valued at 2.68, compared to the broader market-2.000.002.004.006.008.0010.002.682.40
The chart of Omega ratio for HYLB, currently valued at 1.34, compared to the broader market0.501.001.502.002.503.001.341.30
The chart of Calmar ratio for HYLB, currently valued at 3.56, compared to the broader market0.005.0010.0015.003.562.99
The chart of Martin ratio for HYLB, currently valued at 12.80, compared to the broader market0.0020.0040.0060.0080.00100.0012.8111.53
HYLB
JNK

The current HYLB Sharpe Ratio is 1.87, which is comparable to the JNK Sharpe Ratio of 1.69. The chart below compares the historical Sharpe Ratios of HYLB and JNK, 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 Ratio2.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
1.87
1.69
HYLB
JNK

Dividends

HYLB vs. JNK - Dividend Comparison

HYLB's dividend yield for the trailing twelve months is around 6.31%, less than JNK's 6.63% 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%
JNK
SPDR Barclays High Yield Bond ETF
6.63%6.38%6.06%4.26%5.11%5.44%5.90%5.60%6.06%6.60%5.99%6.05%

Drawdowns

HYLB vs. JNK - Drawdown Comparison

The maximum HYLB drawdown since its inception was -22.91%, smaller than the maximum JNK drawdown of -38.48%. Use the drawdown chart below to compare losses from any high point for HYLB and JNK. For additional features, visit the drawdowns tool.


-2.00%-1.50%-1.00%-0.50%0.00%JulyAugustSeptemberOctoberNovemberDecember
-1.09%
-1.18%
HYLB
JNK

Volatility

HYLB vs. JNK - Volatility Comparison

Xtrackers USD High Yield Corporate Bond ETF (HYLB) and SPDR Barclays High Yield Bond ETF (JNK) have volatilities of 1.53% and 1.55%, 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.


0.80%1.00%1.20%1.40%1.60%JulyAugustSeptemberOctoberNovemberDecember
1.53%
1.55%
HYLB
JNK
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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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