HYT vs. FDVV
Compare and contrast key facts about BlackRock Corporate High Yield Fund (HYT) and Fidelity High Dividend ETF (FDVV).
HYT is an actively managed fund by BlackRock. It was launched on May 30, 2003. FDVV is a passively managed fund by Fidelity that tracks the performance of the Fidelity Core Dividend Index. It was launched on Sep 12, 2016.
Performance
HYT vs. FDVV - Performance Comparison
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HYT vs. FDVV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HYT BlackRock Corporate High Yield Fund | -1.34% | 0.06% | 14.43% | 19.92% | -22.58% | 16.62% | 11.55% | 31.19% | -7.81% | 8.99% |
FDVV Fidelity High Dividend ETF | -1.50% | 17.08% | 21.81% | 18.00% | -4.21% | 29.24% | 2.80% | 24.07% | -1.26% | 14.00% |
Returns By Period
In the year-to-date period, HYT achieves a -1.34% return, which is significantly higher than FDVV's -1.50% return.
HYT
- 1D
- 0.35%
- 1M
- -1.62%
- YTD
- -1.34%
- 6M
- -5.41%
- 1Y
- -1.51%
- 3Y*
- 9.77%
- 5Y*
- 3.28%
- 10Y*
- 7.70%
FDVV
- 1D
- 0.29%
- 1M
- -4.85%
- YTD
- -1.50%
- 6M
- 0.38%
- 1Y
- 15.18%
- 3Y*
- 17.01%
- 5Y*
- 12.74%
- 10Y*
- —
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HYT vs. FDVV - Expense Ratio Comparison
HYT has a 2.83% expense ratio, which is higher than FDVV's 0.29% expense ratio.
Return for Risk
HYT vs. FDVV — Risk / Return Rank
HYT
FDVV
HYT vs. FDVV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Corporate High Yield Fund (HYT) and Fidelity High Dividend ETF (FDVV). 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.
| HYT | FDVV | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.09 | 1.00 | -1.08 |
Sortino ratioReturn per unit of downside risk | -0.01 | 1.44 | -1.45 |
Omega ratioGain probability vs. loss probability | 1.00 | 1.23 | -0.23 |
Calmar ratioReturn relative to maximum drawdown | -0.11 | 1.23 | -1.34 |
Martin ratioReturn relative to average drawdown | -0.33 | 5.34 | -5.67 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HYT | FDVV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.09 | 1.00 | -1.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.23 | 0.87 | -0.64 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.46 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 0.74 | -0.32 |
Correlation
The correlation between HYT and FDVV is 0.49, 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.
Dividends
HYT vs. FDVV - Dividend Comparison
HYT's dividend yield for the trailing twelve months is around 10.93%, more than FDVV's 2.99% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HYT BlackRock Corporate High Yield Fund | 10.93% | 10.50% | 9.53% | 9.91% | 9.80% | 7.58% | 8.18% | 7.92% | 9.20% | 7.68% | 8.23% | 10.18% |
FDVV Fidelity High Dividend ETF | 2.99% | 2.89% | 2.94% | 3.77% | 3.44% | 2.70% | 3.19% | 3.93% | 4.05% | 3.66% | 1.04% | 0.00% |
Drawdowns
HYT vs. FDVV - Drawdown Comparison
The maximum HYT drawdown since its inception was -56.95%, which is greater than FDVV's maximum drawdown of -40.25%. Use the drawdown chart below to compare losses from any high point for HYT and FDVV.
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Drawdown Indicators
| HYT | FDVV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.95% | -40.25% | -16.70% |
Max Drawdown (1Y)Largest decline over 1 year | -11.70% | -12.34% | +0.64% |
Max Drawdown (5Y)Largest decline over 5 years | -29.05% | -20.18% | -8.87% |
Max Drawdown (10Y)Largest decline over 10 years | -42.59% | — | — |
Current DrawdownCurrent decline from peak | -7.28% | -6.78% | -0.50% |
Average DrawdownAverage peak-to-trough decline | -5.91% | -3.85% | -2.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.99% | 2.84% | +1.15% |
Volatility
HYT vs. FDVV - Volatility Comparison
BlackRock Corporate High Yield Fund (HYT) and Fidelity High Dividend ETF (FDVV) have volatilities of 4.61% and 4.47%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HYT | FDVV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.61% | 4.47% | +0.14% |
Volatility (6M)Calculated over the trailing 6-month period | 8.01% | 7.68% | +0.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.89% | 15.32% | +1.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.47% | 14.74% | -0.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.92% | 17.08% | -0.16% |