HYS vs. LONZ
Compare and contrast key facts about PIMCO 0-5 Year High Yield Corporate Bond Index ETF (HYS) and PIMCO Senior Loan Active Exchange-Traded Fund (LONZ).
HYS and LONZ 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. LONZ is an actively managed fund by PIMCO. It was launched on Jun 8, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HYS or LONZ.
Correlation
The correlation between HYS and LONZ 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
HYS vs. LONZ - Performance Comparison
Key characteristics
HYS:
1.20
LONZ:
1.23
HYS:
1.70
LONZ:
1.43
HYS:
1.26
LONZ:
1.39
HYS:
1.35
LONZ:
1.12
HYS:
8.36
LONZ:
7.84
HYS:
0.81%
LONZ:
0.60%
HYS:
5.64%
LONZ:
3.81%
HYS:
-20.91%
LONZ:
-4.19%
HYS:
-3.22%
LONZ:
-2.04%
Returns By Period
In the year-to-date period, HYS achieves a -0.87% return, which is significantly higher than LONZ's -1.71% return.
HYS
-0.87%
-2.14%
-0.14%
6.77%
6.42%
4.41%
LONZ
-1.71%
-1.02%
0.63%
4.74%
N/A
N/A
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HYS vs. LONZ - Expense Ratio Comparison
HYS has a 0.56% expense ratio, which is lower than LONZ's 0.62% expense ratio.
Risk-Adjusted Performance
HYS vs. LONZ — Risk-Adjusted Performance Rank
HYS
LONZ
HYS vs. LONZ - 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 PIMCO Senior Loan Active Exchange-Traded Fund (LONZ). 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. LONZ - Dividend Comparison
HYS's dividend yield for the trailing twelve months is around 7.64%, less than LONZ's 7.77% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HYS PIMCO 0-5 Year High Yield Corporate Bond Index ETF | 7.64% | 7.43% | 7.58% | 5.01% | 3.74% | 4.52% | 4.98% | 4.97% | 5.01% | 5.13% | 5.22% | 5.42% |
LONZ PIMCO Senior Loan Active Exchange-Traded Fund | 7.77% | 8.16% | 8.29% | 3.33% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
HYS vs. LONZ - Drawdown Comparison
The maximum HYS drawdown since its inception was -20.91%, which is greater than LONZ's maximum drawdown of -4.19%. Use the drawdown chart below to compare losses from any high point for HYS and LONZ. For additional features, visit the drawdowns tool.
Volatility
HYS vs. LONZ - Volatility Comparison
PIMCO 0-5 Year High Yield Corporate Bond Index ETF (HYS) has a higher volatility of 4.10% compared to PIMCO Senior Loan Active Exchange-Traded Fund (LONZ) at 3.35%. This indicates that HYS's price experiences larger fluctuations and is considered to be riskier than LONZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.