HYLD vs. HYS
Compare and contrast key facts about High Yield ETF (HYLD) and PIMCO 0-5 Year High Yield Corporate Bond Index ETF (HYS).
HYLD and HYS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HYLD is an actively managed fund by Eve Capital. It was launched on Nov 30, 2010. HYS is a passively managed fund by PIMCO that tracks the performance of the ICE BofA US High Yield Constrained (0-5 Y). It was launched on Jun 16, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HYLD or HYS.
Key characteristics
| HYLD | HYS |
|---|
Correlation
The correlation between HYLD and HYS is 0.41, 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
HYLD vs. HYS - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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HYLD vs. HYS - Expense Ratio Comparison
HYLD has a 1.29% expense ratio, which is higher than HYS's 0.56% expense ratio.
Risk-Adjusted Performance
HYLD vs. HYS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for High Yield ETF (HYLD) and PIMCO 0-5 Year High Yield Corporate Bond Index ETF (HYS). 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
HYLD vs. HYS - Dividend Comparison
HYLD has not paid dividends to shareholders, while HYS's dividend yield for the trailing twelve months is around 8.32%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HYLD High Yield ETF | 0.00% | 8.59% | 7.86% | 6.75% | 7.52% | 7.46% | 7.97% | 7.18% | 6.59% | 10.87% | 9.88% | 7.96% |
HYS PIMCO 0-5 Year High Yield Corporate Bond Index ETF | 8.32% | 7.58% | 5.01% | 3.74% | 4.52% | 4.98% | 4.97% | 5.00% | 5.13% | 5.22% | 5.42% | 4.59% |
Drawdowns
HYLD vs. HYS - Drawdown Comparison
Volatility
HYLD vs. HYS - Volatility Comparison
The current volatility for High Yield ETF (HYLD) is 0.00%, while PIMCO 0-5 Year High Yield Corporate Bond Index ETF (HYS) has a volatility of 1.21%. This indicates that HYLD experiences smaller price fluctuations and is considered to be less risky than HYS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.