HYSA vs. SECT

Last updated Jun 5, 2026

HYSA (Bondbloxx USD High Yield Bond Sector Rotation ETF) and SECT (Main Sector Rotation ETF) are both exchange-traded funds - HYSA is a High Yield Bonds fund actively managed by BondBloxx, while SECT is a Large Cap Blend Equities fund actively managed by Main Management. Both are actively managed. Over the past year, HYSA returned 6.36% vs 31.02% for SECT. A 0.51 correlation means they provide meaningful diversification when combined. HYSA charges 0.55%/yr vs 0.78%/yr for SECT.

Performance

HYSA vs. SECT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Bondbloxx USD High Yield Bond Sector Rotation ETF (HYSA) and Main Sector Rotation ETF (SECT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HYSA achieves a 1.26% return, which is significantly lower than SECT's 11.81% return.

HYSA

• 1D: 0.19%
• 1M: 0.40%
• YTD: 1.26%
• 6M: 1.49%
• 1Y: 6.36%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SECT

• 1D: -0.04%
• 1M: 6.60%
• YTD: 11.81%
• 6M: 12.37%
• 1Y: 31.02%
• 3Y*: 20.41%
• 5Y*: 12.79%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

HYSA vs. SECT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
HYSA Bondbloxx USD High Yield Bond Sector Rotation ETF	1.26%	8.37%	6.71%	5.98%
SECT Main Sector Rotation ETF	11.81%	17.80%	18.61%	8.28%

Correlation

The correlation between HYSA and SECT is 0.53, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.53
Correlation (All Time) Calculated using the full available price history since Sep 19, 2023	0.51

The correlation between HYSA and SECT has been stable across timeframes, ranging from 0.51 to 0.53 - a consistent structural relationship.

HYSA vs. SECT - Sectors Allocation Comparison

Sectors	HYSA	SECT
Communication Services	100.0%	12.0%
Basic Materials	-	4.0%
Consumer Cyclical	-	12.7%
Consumer Defensive	-	0.5%
Energy	-	4.3%
Financial Services	-	14.4%
Healthcare	-	2.6%
Industrials	-	10.7%
Real Estate	-	0.0%
Technology	-	38.9%
Utilities	-	0.1%

Return for Risk

HYSA vs. SECT — Risk / Return Rank

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

HYSA

HYSA Risk / Return Rank: 42
HYSA Sharpe Ratio Rank: 39
HYSA Sortino Ratio Rank: 41
HYSA Omega Ratio Rank: 38
HYSA Calmar Ratio Rank: 42
HYSA Martin Ratio Rank: 49

SECT

SECT Risk / Return Rank: 69
SECT Sharpe Ratio Rank: 75
SECT Sortino Ratio Rank: 73
SECT Omega Ratio Rank: 72
SECT Calmar Ratio Rank: 60
SECT Martin Ratio Rank: 67

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HYSA vs. SECT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Bondbloxx USD High Yield Bond Sector Rotation ETF (HYSA) and Main Sector Rotation ETF (SECT). 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.

	HYSA	SECT	Difference
Sharpe ratio: Return per unit of total volatility	1.37	2.40	-1.03
Sortino ratio: Return per unit of downside risk	2.02	3.24	-1.22
Omega ratio: Gain probability vs. loss probability	1.25	1.43	-0.18
Calmar ratio: Return relative to maximum drawdown	2.03	2.91	-0.88
Martin ratio: Return relative to average drawdown	8.16	12.06	-3.90
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HYSA vs. SECT - Sharpe Ratio Comparison

The current HYSA Sharpe Ratio is 1.37, which is lower than the SECT Sharpe Ratio of 2.40. The chart below compares the historical Sharpe Ratios of HYSA and SECT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	HYSA	SECT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.37	2.40	-1.03
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.72	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.37	0.69	+0.68

Drawdowns

HYSA vs. SECT - Drawdown Comparison

The maximum HYSA drawdown since its inception was -4.90%, smaller than the maximum SECT drawdown of -38.09%. Use the drawdown chart below to compare losses from any high point for HYSA and SECT.

Drawdown Indicators

	HYSA	SECT	Difference
Max Drawdown Largest peak-to-trough decline	-4.90%	-38.09%	+33.19%
Max Drawdown (1Y) Largest decline over 1 year	-3.15%	-10.71%	+7.56%
Max Drawdown (3Y) Largest decline over 3 years	—	-21.71%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-21.71%	—
Current Drawdown Current decline from peak	-0.27%	-0.57%	+0.30%
Average Drawdown Average peak-to-trough decline	-0.68%	-4.65%	+3.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.78%	2.58%	-1.80%

Volatility

HYSA vs. SECT - Volatility Comparison

The current volatility for Bondbloxx USD High Yield Bond Sector Rotation ETF (HYSA) is 1.28%, while Main Sector Rotation ETF (SECT) has a volatility of 3.41%. This indicates that HYSA experiences smaller price fluctuations and is considered to be less risky than SECT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HYSA	SECT	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.28%	3.41%	-2.13%
Volatility (6M) Calculated over the trailing 6-month period	3.55%	9.62%	-6.07%
Volatility (1Y) Calculated over the trailing 1-year period	4.68%	13.00%	-8.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.08%	17.79%	-11.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.08%	20.13%	-14.05%

HYSA vs. SECT - Expense Ratio Comparison

HYSA has a 0.55% expense ratio, which is lower than SECT's 0.78% expense ratio.

Dividends

HYSA vs. SECT - Dividend Comparison

HYSA's dividend yield for the trailing twelve months is around 6.76%, more than SECT's 0.60% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
HYSA Bondbloxx USD High Yield Bond Sector Rotation ETF	6.76%	6.70%	6.99%	2.65%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SECT Main Sector Rotation ETF	0.60%	0.32%	0.45%	0.84%	0.86%	0.60%	1.37%	0.77%	1.67%	0.50%

Frequently Asked Questions

Can I hold both HYSA and SECT in my portfolio?

HYSA and SECT have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HYSA or SECT?

SECT has higher volatility (3.41%) compared to HYSA (1.28%). In terms of maximum drawdown, HYSA dropped -4.90% vs SECT's -38.09%.

Which ETF is better, HYSA or SECT?

On 1-year performance, SECT leads with 31.02% vs 6.36% for HYSA. On fees, HYSA is cheaper at 0.55% per year. On volatility, HYSA has been the lower-risk option at 1.28%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, HYSA or SECT?

Over the 1-year period, SECT has performed better with a 31.02% return vs 6.36%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, HYSA or SECT?

HYSA is cheaper with a 0.55% expense ratio, compared with 0.78% for SECT.

Which ETF pays a higher dividend yield, HYSA or SECT?

HYSA has the higher dividend yield at 6.76%, compared with 0.60% for SECT.

What is the main difference between HYSA and SECT?

HYSA is categorized as High Yield Bonds, while SECT is Large Cap Blend Equities. They also come from different issuers: BondBloxx and Main Management. Their fees differ too: 0.55% for HYSA and 0.78% for SECT.

Which has better risk-adjusted returns?

SECT currently has the higher Sharpe Ratio (2.40 vs 1.37), 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.