HYSA vs. SGOV
Compare and contrast key facts about Bondbloxx USD High Yield Bond Sector Rotation ETF (HYSA) and iShares 0-3 Month Treasury Bond ETF (SGOV).
HYSA and SGOV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HYSA is an actively managed fund by BondBloxx. It was launched on Sep 18, 2023. SGOV is a passively managed fund by iShares that tracks the performance of the ICE 0-3 Month US Treasury Bill Index. It was launched on May 26, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HYSA or SGOV.
Performance
HYSA vs. SGOV - Performance Comparison
Returns By Period
In the year-to-date period, HYSA achieves a 7.58% return, which is significantly higher than SGOV's 4.78% return.
HYSA
7.58%
1.09%
6.46%
12.13%
1.81%
1.99%
SGOV
4.78%
0.41%
2.55%
5.34%
N/A
N/A
Key characteristics
| HYSA | SGOV | |
|---|---|---|
| Sharpe Ratio | 2.18 | 21.75 |
| Sortino Ratio | 3.55 | 522.74 |
| Omega Ratio | 1.39 | 523.74 |
| Calmar Ratio | 2.79 | 536.49 |
| Martin Ratio | 15.99 | 8,516.56 |
| Ulcer Index | 0.76% | 0.00% |
| Daily Std Dev | 5.57% | 0.25% |
| Max Drawdown | -19.57% | -0.03% |
| Current Drawdown | -0.18% | 0.00% |
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HYSA vs. SGOV - Expense Ratio Comparison
HYSA has a 0.55% expense ratio, which is higher than SGOV's 0.03% expense ratio.
Correlation
The correlation between HYSA and SGOV is 0.02, 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.
Risk-Adjusted Performance
HYSA vs. SGOV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bondbloxx USD High Yield Bond Sector Rotation ETF (HYSA) and iShares 0-3 Month Treasury Bond ETF (SGOV). 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
HYSA vs. SGOV - Dividend Comparison
HYSA's dividend yield for the trailing twelve months is around 7.10%, more than SGOV's 5.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HYSA Bondbloxx USD High Yield Bond Sector Rotation ETF | 7.10% | 8.00% | 3.30% | 2.83% | 1.39% | 4.72% | 5.03% | 4.75% | 4.36% | 4.36% | 4.41% | 5.30% |
SGOV iShares 0-3 Month Treasury Bond ETF | 5.23% | 4.87% | 1.45% | 0.03% | 0.04% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
HYSA vs. SGOV - Drawdown Comparison
The maximum HYSA drawdown since its inception was -19.57%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for HYSA and SGOV. For additional features, visit the drawdowns tool.
Volatility
HYSA vs. SGOV - Volatility Comparison
Bondbloxx USD High Yield Bond Sector Rotation ETF (HYSA) has a higher volatility of 1.57% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.08%. This indicates that HYSA's price experiences larger fluctuations and is considered to be riskier than SGOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.