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

Correlation

The correlation between HYS and HYSZX is 0.38, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Performance

HYS vs. HYSZX - 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 PGIM Short Duration High Yield Income Fund (HYSZX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

HYS:

1.63

HYSZX:

2.70

Sortino Ratio

HYS:

2.32

HYSZX:

4.14

Omega Ratio

HYS:

1.36

HYSZX:

1.71

Calmar Ratio

HYS:

1.87

HYSZX:

3.08

Martin Ratio

HYS:

10.02

HYSZX:

13.50

Ulcer Index

HYS:

0.93%

HYSZX:

0.63%

Daily Std Dev

HYS:

5.74%

HYSZX:

3.24%

Max Drawdown

HYS:

-20.91%

HYSZX:

-18.31%

Current Drawdown

HYS:

-0.09%

HYSZX:

-0.00%

Returns By Period

The year-to-date returns for both stocks are quite close, with HYS having a 2.59% return and HYSZX slightly lower at 2.51%. Both investments have delivered pretty close results over the past 10 years, with HYS having a 4.70% annualized return and HYSZX not far behind at 4.69%.


HYS

YTD

2.59%

1M

1.22%

6M

2.42%

1Y

9.26%

3Y*

7.05%

5Y*

6.64%

10Y*

4.70%

HYSZX

YTD

2.51%

1M

1.13%

6M

2.86%

1Y

8.68%

3Y*

6.38%

5Y*

5.94%

10Y*

4.69%

*Annualized

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HYS vs. HYSZX - Expense Ratio Comparison

HYS has a 0.56% expense ratio, which is lower than HYSZX's 0.75% expense ratio.


Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

HYS vs. HYSZX — Risk-Adjusted Performance Rank

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

HYS
The Risk-Adjusted Performance Rank of HYS is 9292
Overall Rank
The Sharpe Ratio Rank of HYS is 9191
Sharpe Ratio Rank
The Sortino Ratio Rank of HYS is 9191
Sortino Ratio Rank
The Omega Ratio Rank of HYS is 9393
Omega Ratio Rank
The Calmar Ratio Rank of HYS is 9292
Calmar Ratio Rank
The Martin Ratio Rank of HYS is 9393
Martin Ratio Rank

HYSZX
The Risk-Adjusted Performance Rank of HYSZX is 9696
Overall Rank
The Sharpe Ratio Rank of HYSZX is 9696
Sharpe Ratio Rank
The Sortino Ratio Rank of HYSZX is 9696
Sortino Ratio Rank
The Omega Ratio Rank of HYSZX is 9696
Omega Ratio Rank
The Calmar Ratio Rank of HYSZX is 9595
Calmar Ratio Rank
The Martin Ratio Rank of HYSZX is 9696
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

HYS vs. HYSZX - 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 PGIM Short Duration High Yield Income Fund (HYSZX). 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.


The current HYS Sharpe Ratio is 1.63, which is lower than the HYSZX Sharpe Ratio of 2.70. The chart below compares the historical Sharpe Ratios of HYS and HYSZX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

HYS vs. HYSZX - Dividend Comparison

HYS's dividend yield for the trailing twelve months is around 7.41%, more than HYSZX's 6.64% yield.


TTM20242023202220212020201920182017201620152014
HYS
PIMCO 0-5 Year High Yield Corporate Bond Index ETF
7.41%7.43%7.58%5.01%3.74%4.52%4.98%4.97%5.01%5.13%5.22%5.42%
HYSZX
PGIM Short Duration High Yield Income Fund
6.64%6.78%6.40%5.92%4.99%4.99%5.53%5.92%5.72%5.66%6.26%6.21%

Drawdowns

HYS vs. HYSZX - Drawdown Comparison

The maximum HYS drawdown since its inception was -20.91%, which is greater than HYSZX's maximum drawdown of -18.31%. Use the drawdown chart below to compare losses from any high point for HYS and HYSZX.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

HYS vs. HYSZX - Volatility Comparison

PIMCO 0-5 Year High Yield Corporate Bond Index ETF (HYS) has a higher volatility of 1.49% compared to PGIM Short Duration High Yield Income Fund (HYSZX) at 0.63%. This indicates that HYS's price experiences larger fluctuations and is considered to be riskier than HYSZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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