HYS vs. HYLD
Compare and contrast key facts about PIMCO 0-5 Year High Yield Corporate Bond Index ETF (HYS) and High Yield ETF (HYLD).
HYS and HYLD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. HYLD is an actively managed fund by Eve Capital. It was launched on Nov 30, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HYS or HYLD.
Key characteristics
| HYS | HYLD |
|---|
Correlation
The correlation between HYS and HYLD is 0.42, 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
HYS vs. HYLD - 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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HYS vs. HYLD - Expense Ratio Comparison
HYS has a 0.56% expense ratio, which is lower than HYLD's 1.29% expense ratio.
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.
Dividends
HYS vs. HYLD - Dividend Comparison
HYS's dividend yield for the trailing twelve months is around 7.98%, while HYLD has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HYS PIMCO 0-5 Year High Yield Corporate Bond Index ETF | 7.98% | 7.58% | 5.01% | 3.74% | 4.52% | 4.98% | 4.97% | 5.01% | 5.13% | 5.22% | 5.42% | 4.59% |
HYLD High Yield ETF | 4.35% | 6.24% | 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
Volatility
HYS vs. HYLD - Volatility Comparison
PIMCO 0-5 Year High Yield Corporate Bond Index ETF (HYS) has a higher volatility of 1.41% 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.