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HYS vs. HYLD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between HYS and HYLD 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.


-0.50.00.51.00.4

Performance

HYS vs. HYLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PIMCO 0-5 Year High Yield Corporate Bond Index ETF (HYS) and High Yield ETF (HYLD). The values are adjusted to include any dividend payments, if applicable.

30.00%40.00%50.00%60.00%70.00%80.00%90.00%JulyAugustSeptemberOctoberNovemberDecember
91.96%
27.94%
HYS
HYLD

Key characteristics

Returns By Period


HYS

YTD

8.23%

1M

0.09%

6M

5.19%

1Y

9.40%

5Y*

4.59%

10Y*

4.66%

HYLD

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

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HYS vs. HYLD - Expense Ratio Comparison

HYS has a 0.56% expense ratio, which is lower than HYLD's 1.29% expense ratio.


HYLD
High Yield ETF
Expense ratio chart for HYLD: current value at 1.29% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.29%
Expense ratio chart for HYS: current value at 0.56% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.56%

Risk-Adjusted Performance

HYS vs. HYLD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for PIMCO 0-5 Year High Yield Corporate Bond Index ETF (HYS) and High Yield ETF (HYLD). 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 HYS, currently valued at 2.29, compared to the broader market0.002.004.002.29
The chart of Sortino ratio for HYS, currently valued at 3.35, compared to the broader market-2.000.002.004.006.008.0010.003.35
The chart of Omega ratio for HYS, currently valued at 1.43, compared to the broader market0.501.001.502.002.503.001.43
The chart of Calmar ratio for HYS, currently valued at 5.02, compared to the broader market0.005.0010.0015.005.02
The chart of Martin ratio for HYS, currently valued at 20.87, compared to the broader market0.0020.0040.0060.0080.00100.0020.87
HYS
HYLD


Rolling 12-month Sharpe Ratio-1.000.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
2.29
-1.00
HYS
HYLD

Dividends

HYS vs. HYLD - Dividend Comparison

HYS's dividend yield for the trailing twelve months is around 8.50%, while HYLD has not paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
HYS
PIMCO 0-5 Year High Yield Corporate Bond Index ETF
8.50%7.58%5.01%3.74%4.52%4.98%4.97%5.00%5.13%5.22%5.42%4.59%
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%

Drawdowns

HYS vs. HYLD - Drawdown Comparison


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-0.90%
-9.72%
HYS
HYLD

Volatility

HYS vs. HYLD - Volatility Comparison

PIMCO 0-5 Year High Yield Corporate Bond Index ETF (HYS) has a higher volatility of 1.47% compared to High Yield ETF (HYLD) at 0.00%. This indicates that HYS's price experiences larger fluctuations and is considered to be riskier than HYLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%0.50%1.00%1.50%JulyAugustSeptemberOctoberNovemberDecember
1.47%
0
HYS
HYLD
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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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