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

Correlation

The correlation between HYLB and PFFD is 0.60, 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.


-0.50.00.51.00.6

Performance

HYLB vs. PFFD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers USD High Yield Corporate Bond ETF (HYLB) and Global X U.S. Preferred ETF (PFFD). The values are adjusted to include any dividend payments, if applicable.

0.00%2.00%4.00%6.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
4.93%
2.83%
HYLB
PFFD

Key characteristics

Sharpe Ratio

HYLB:

1.77

PFFD:

0.82

Sortino Ratio

HYLB:

2.53

PFFD:

1.17

Omega Ratio

HYLB:

1.32

PFFD:

1.15

Calmar Ratio

HYLB:

3.36

PFFD:

0.46

Martin Ratio

HYLB:

12.16

PFFD:

3.62

Ulcer Index

HYLB:

0.63%

PFFD:

1.89%

Daily Std Dev

HYLB:

4.33%

PFFD:

8.39%

Max Drawdown

HYLB:

-22.91%

PFFD:

-30.93%

Current Drawdown

HYLB:

-1.42%

PFFD:

-8.41%

Returns By Period

The year-to-date returns for both stocks are quite close, with HYLB having a 7.76% return and PFFD slightly lower at 7.49%.


HYLB

YTD

7.76%

1M

-0.45%

6M

5.02%

1Y

7.73%

5Y*

3.33%

10Y*

N/A

PFFD

YTD

7.49%

1M

-2.75%

6M

2.83%

1Y

6.80%

5Y*

0.96%

10Y*

N/A

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. PFFD - Expense Ratio Comparison

HYLB has a 0.15% expense ratio, which is lower than PFFD's 0.23% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


PFFD
Global X U.S. Preferred ETF
Expense ratio chart for PFFD: current value at 0.23% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.23%
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. PFFD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers USD High Yield Corporate Bond ETF (HYLB) and Global X U.S. Preferred ETF (PFFD). 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 1.77, compared to the broader market0.002.004.001.770.82
The chart of Sortino ratio for HYLB, currently valued at 2.53, compared to the broader market-2.000.002.004.006.008.0010.002.531.17
The chart of Omega ratio for HYLB, currently valued at 1.32, compared to the broader market0.501.001.502.002.503.001.321.15
The chart of Calmar ratio for HYLB, currently valued at 3.36, compared to the broader market0.005.0010.0015.003.360.46
The chart of Martin ratio for HYLB, currently valued at 12.16, compared to the broader market0.0020.0040.0060.0080.00100.0012.163.62
HYLB
PFFD

The current HYLB Sharpe Ratio is 1.77, which is higher than the PFFD Sharpe Ratio of 0.82. The chart below compares the historical Sharpe Ratios of HYLB and PFFD, 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 Ratio1.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
1.77
0.82
HYLB
PFFD

Dividends

HYLB vs. PFFD - Dividend Comparison

HYLB's dividend yield for the trailing twelve months is around 6.33%, which matches PFFD's 6.38% yield.


TTM20232022202120202019201820172016
HYLB
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%
PFFD
Global X U.S. Preferred ETF
6.38%6.49%6.63%5.09%5.19%5.49%6.22%1.94%0.00%

Drawdowns

HYLB vs. PFFD - Drawdown Comparison

The maximum HYLB drawdown since its inception was -22.91%, smaller than the maximum PFFD drawdown of -30.93%. Use the drawdown chart below to compare losses from any high point for HYLB and PFFD. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-1.42%
-8.41%
HYLB
PFFD

Volatility

HYLB vs. PFFD - Volatility Comparison

The current volatility for Xtrackers USD High Yield Corporate Bond ETF (HYLB) is 1.49%, while Global X U.S. Preferred ETF (PFFD) has a volatility of 2.25%. This indicates that HYLB experiences smaller price fluctuations and is considered to be less risky than PFFD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%1.50%2.00%2.50%3.00%JulyAugustSeptemberOctoberNovemberDecember
1.49%
2.25%
HYLB
PFFD
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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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