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HYTR vs. BST
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between HYTR and BST is 0.40, 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.


-0.50.00.51.00.4

Performance

HYTR vs. BST - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in CP High Yield Trend ETF (HYTR) and BlackRock Science and Technology Trust (BST). The values are adjusted to include any dividend payments, if applicable.

0.00%10.00%20.00%30.00%40.00%50.00%60.00%JulyAugustSeptemberOctoberNovemberDecember
4.47%
52.75%
HYTR
BST

Key characteristics

Sharpe Ratio

HYTR:

1.30

BST:

0.90

Sortino Ratio

HYTR:

1.87

BST:

1.27

Omega Ratio

HYTR:

1.29

BST:

1.17

Calmar Ratio

HYTR:

1.35

BST:

0.51

Martin Ratio

HYTR:

7.49

BST:

2.97

Ulcer Index

HYTR:

1.00%

BST:

5.36%

Daily Std Dev

HYTR:

5.75%

BST:

17.69%

Max Drawdown

HYTR:

-13.24%

BST:

-46.58%

Current Drawdown

HYTR:

-1.83%

BST:

-17.17%

Returns By Period

In the year-to-date period, HYTR achieves a 6.82% return, which is significantly lower than BST's 17.26% return.


HYTR

YTD

6.82%

1M

-0.42%

6M

4.25%

1Y

7.12%

5Y*

N/A

10Y*

N/A

BST

YTD

17.26%

1M

0.92%

6M

0.09%

1Y

15.24%

5Y*

10.54%

10Y*

15.60%

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Risk-Adjusted Performance

HYTR vs. BST - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for CP High Yield Trend ETF (HYTR) and BlackRock Science and Technology Trust (BST). 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.


Sharpe ratio
The chart of Sharpe ratio for HYTR, currently valued at 1.30, compared to the broader market0.002.004.001.300.90
The chart of Sortino ratio for HYTR, currently valued at 1.87, compared to the broader market-2.000.002.004.006.008.0010.001.871.27
The chart of Omega ratio for HYTR, currently valued at 1.29, compared to the broader market0.501.001.502.002.503.001.291.17
The chart of Calmar ratio for HYTR, currently valued at 1.35, compared to the broader market0.005.0010.0015.001.350.51
The chart of Martin ratio for HYTR, currently valued at 7.49, compared to the broader market0.0020.0040.0060.0080.00100.007.492.97
HYTR
BST

The current HYTR Sharpe Ratio is 1.30, which is higher than the BST Sharpe Ratio of 0.90. The chart below compares the historical Sharpe Ratios of HYTR and BST, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
1.30
0.90
HYTR
BST

Dividends

HYTR vs. BST - Dividend Comparison

HYTR's dividend yield for the trailing twelve months is around 5.40%, less than BST's 8.26% yield.


TTM2023202220212020201920182017201620152014
HYTR
CP High Yield Trend ETF
5.40%5.43%1.24%3.71%3.06%0.00%0.00%0.00%0.00%0.00%0.00%
BST
BlackRock Science and Technology Trust
8.26%8.91%10.57%8.53%3.85%5.46%6.41%4.80%6.69%6.93%0.57%

Drawdowns

HYTR vs. BST - Drawdown Comparison

The maximum HYTR drawdown since its inception was -13.24%, smaller than the maximum BST drawdown of -46.58%. Use the drawdown chart below to compare losses from any high point for HYTR and BST. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-1.83%
-17.17%
HYTR
BST

Volatility

HYTR vs. BST - Volatility Comparison

The current volatility for CP High Yield Trend ETF (HYTR) is 1.31%, while BlackRock Science and Technology Trust (BST) has a volatility of 4.48%. This indicates that HYTR experiences smaller price fluctuations and is considered to be less risky than BST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%2.00%4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
1.31%
4.48%
HYTR
BST
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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