HYS vs. MINT
HYS (PIMCO 0-5 Year High Yield Corporate Bond Index ETF) and MINT (PIMCO Enhanced Short Maturity Active ETF) are both exchange-traded funds - HYS is a High Yield Bonds fund tracking the ICE BofA US High Yield Constrained (0-5 Y), while MINT is a Ultrashort Bond fund actively managed by PIMCO. HYS is passively managed, while MINT is actively managed. Over the past 10 years, HYS returned 5.35%/yr vs 2.70%/yr for MINT. At a 0.06 correlation, their price movements are largely independent. HYS charges 0.56%/yr vs 0.36%/yr for MINT.
Performance
HYS vs. MINT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, HYS achieves a 1.33% return, which is significantly lower than MINT's 1.81% return. Over the past 10 years, HYS has outperformed MINT with an annualized return of 5.35%, while MINT has yielded a comparatively lower 2.70% annualized return.
HYS
- 1D
- -0.09%
- 1M
- 0.47%
- YTD
- 1.33%
- 6M
- 1.83%
- 1Y
- 7.07%
- 3Y*
- 8.58%
- 5Y*
- 5.08%
- 10Y*
- 5.35%
MINT
- 1D
- 0.00%
- 1M
- 0.36%
- YTD
- 1.81%
- 6M
- 2.20%
- 1Y
- 4.67%
- 3Y*
- 5.41%
- 5Y*
- 3.47%
- 10Y*
- 2.70%
HYS vs. MINT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HYS PIMCO 0-5 Year High Yield Corporate Bond Index ETF | 1.33% | 8.80% | 8.42% | 11.38% | -5.42% | 4.77% | 3.27% | 10.22% | -1.05% | 5.75% |
MINT PIMCO Enhanced Short Maturity Active ETF | 1.81% | 4.74% | 5.94% | 6.26% | -1.01% | -0.03% | 1.62% | 3.34% | 1.72% | 1.86% |
Correlation
The correlation between HYS and MINT is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.08 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.15 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.08 |
Correlation (All Time) Calculated using the full available price history since Jun 20, 2011 | 0.06 |
The correlation between HYS and MINT shifts across timeframes, from -0.01 (1 year) to 0.15 (5 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
HYS vs. MINT — Risk / Return Rank
HYS
MINT
HYS vs. MINT - Risk-Adjusted Trends 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 Enhanced Short Maturity Active ETF (MINT). 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.
| HYS | MINT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -15.05 | ||
| Sortino ratioReturn per unit of downside risk | -62.37 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 20.53 | -19.14 |
| Calmar ratioReturn relative to maximum drawdown | 3.77 | 94.30 | -90.54 |
| Martin ratioReturn relative to average drawdown | 15.35 | 939.26 | -923.90 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| HYS | MINT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.04 | 17.09 | -15.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.82 | 5.99 | -5.18 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.78 | 2.87 | -2.09 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.81 | 2.47 | -1.65 |
Drawdowns
HYS vs. MINT - Drawdown Comparison
The maximum HYS drawdown since its inception was -20.91%, which is greater than MINT's maximum drawdown of -4.62%. Use the drawdown chart below to compare losses from any high point for HYS and MINT.
Loading charts...
Drawdown Indicators
| HYS | MINT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.91% | -4.62% | -16.29% |
Max Drawdown (1Y)Largest decline over 1 year | -1.88% | -0.05% | -1.83% |
Max Drawdown (3Y)Largest decline over 3 years | -4.98% | -0.16% | -4.82% |
Max Drawdown (5Y)Largest decline over 5 years | -10.61% | -2.42% | -8.19% |
Max Drawdown (10Y)Largest decline over 10 years | -20.91% | -4.62% | -16.29% |
Current DrawdownCurrent decline from peak | -0.14% | 0.00% | -0.14% |
Average DrawdownAverage peak-to-trough decline | -1.53% | -0.17% | -1.36% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.46% | 0.00% | +0.46% |
Volatility
HYS vs. MINT - Volatility Comparison
PIMCO 0-5 Year High Yield Corporate Bond Index ETF (HYS) has a higher volatility of 1.23% compared to PIMCO Enhanced Short Maturity Active ETF (MINT) at 0.09%. This indicates that HYS's price experiences larger fluctuations and is considered to be riskier than MINT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| HYS | MINT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.23% | 0.09% | +1.14% |
Volatility (6M)Calculated over the trailing 6-month period | 2.74% | 0.20% | +2.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.47% | 0.27% | +3.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.26% | 0.58% | +5.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.84% | 0.95% | +5.89% |
HYS vs. MINT - Expense Ratio Comparison
HYS has a 0.56% expense ratio, which is higher than MINT's 0.36% expense ratio.
Dividends
HYS vs. MINT - Dividend Comparison
HYS's dividend yield for the trailing twelve months is around 7.36%, more than MINT's 4.28% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HYS PIMCO 0-5 Year High Yield Corporate Bond Index ETF | 7.36% | 7.20% | 7.43% | 6.44% | 5.01% | 3.74% | 4.52% | 4.98% | 4.64% | 5.01% | 5.13% | 5.22% |
MINT PIMCO Enhanced Short Maturity Active ETF | 4.28% | 4.63% | 5.22% | 4.91% | 1.90% | 0.44% | 1.15% | 2.65% | 2.32% | 1.61% | 1.35% | 0.88% |
Frequently Asked Questions
HYS and MINT have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HYS has higher volatility (1.23%) compared to MINT (0.09%). In terms of maximum drawdown, HYS dropped -20.91% vs MINT's -4.62%.
On 10-year performance, HYS leads with 5.35% vs 2.70% for MINT. On fees, MINT is cheaper at 0.36% per year. On volatility, MINT has been the lower-risk option at 0.09%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, HYS has performed better with a 5.35% return vs 2.70%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
MINT is cheaper with a 0.36% expense ratio, compared with 0.56% for HYS.
HYS has the higher dividend yield at 7.36%, compared with 4.28% for MINT.
HYS is categorized as High Yield Bonds, while MINT is Ultrashort Bond. Their fees differ too: 0.56% for HYS and 0.36% for MINT.
MINT currently has the higher Sharpe Ratio (17.09 vs 2.04), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for HYS and MINT
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer