HYLD vs. HDIVX

Last updated Jun 5, 2026

HYLD (High Yield ETF) and HDIVX (Janus Henderson Dividend & Income Builder Fund) are both funds - HYLD is a High Yield Bonds fund actively managed by Eve Capital, while HDIVX is a Foreign Large Cap Equities fund managed by Janus Henderson. At a 0.31 correlation, their price movements are largely independent. HYLD charges 1.29%/yr vs 0.95%/yr for HDIVX.

Performance

HYLD vs. HDIVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in High Yield ETF (HYLD) and Janus Henderson Dividend & Income Builder Fund (HDIVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

HYLD

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

HDIVX

• 1D: -0.14%
• 1M: 6.81%
• YTD: 15.63%
• 6M: 17.66%
• 1Y: 26.71%
• 3Y*: 20.57%
• 5Y*: 12.31%
• 10Y*: 10.24%

*Multi-year figures are annualized to reflect compound growth (CAGR)

HYLD vs. HDIVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HYLD High Yield ETF	0.00%	0.00%	0.00%	2.80%	-11.48%	5.41%	3.11%	7.16%	0.25%	8.97%
HDIVX Janus Henderson Dividend & Income Builder Fund	15.63%	29.24%	8.84%	18.06%	-8.70%	11.73%	5.20%	18.85%	-9.07%	17.78%

Correlation

The correlation between HYLD and HDIVX is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.13
Correlation (5Y) Calculated over the trailing 5-year period	0.29
Correlation (10Y) Calculated over the trailing 10-year period	0.28
Correlation (All Time) Calculated using the full available price history since Aug 3, 2012	0.31

The correlation between HYLD and HDIVX shifts across timeframes, from 0.13 (3 years) to 0.31 (all time), reflecting how their relationship changes across market environments.

Return for Risk

HYLD vs. HDIVX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HDIVX

HDIVX Risk / Return Rank: 45
HDIVX Sharpe Ratio Rank: 50
HDIVX Sortino Ratio Rank: 44
HDIVX Omega Ratio Rank: 49
HDIVX Calmar Ratio Rank: 42
HDIVX Martin Ratio Rank: 42

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HYLD vs. HDIVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for High Yield ETF (HYLD) and Janus Henderson Dividend & Income Builder Fund (HDIVX). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	HYLD	HDIVX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.06	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.91	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.76	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.78	—

Drawdowns

Drawdown Indicators

	HYLD	HDIVX	Difference
Max Drawdown Largest peak-to-trough decline	—	-28.56%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-11.29%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-13.08%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-23.00%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-28.56%	—
Current Drawdown Current decline from peak	—	-0.14%	—
Average Drawdown Average peak-to-trough decline	—	-3.78%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.12%	—

Volatility

Volatility by Period

	HYLD	HDIVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.66%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.03%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	13.45%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	13.67%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	13.52%	—

HYLD vs. HDIVX - Expense Ratio Comparison

HYLD has a 1.29% expense ratio, which is higher than HDIVX's 0.95% expense ratio.

Dividends

HYLD vs. HDIVX - Dividend Comparison

HYLD has not paid dividends to shareholders, while HDIVX's dividend yield for the trailing twelve months is around 6.62%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HDIVX Janus Henderson Dividend & Income Builder Fund	6.62%	7.60%	6.54%	3.11%	4.14%	4.59%	3.26%	3.20%	4.19%	2.76%	3.12%	3.02%
HYLD High Yield ETF	0.00%	0.00%	0.00%	4.67%	7.86%	6.45%	7.52%	7.46%	7.97%	7.18%	6.59%	10.87%

Frequently Asked Questions

Can I hold both HYLD and HDIVX in my portfolio?

HYLD and HDIVX have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.