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HYUP vs. HYLS
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between HYUP and HYLS is 0.75, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.8

Performance

HYUP vs. HYLS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers High Beta High Yield Bond ETF (HYUP) and First Trust Tactical High Yield ETF (HYLS). The values are adjusted to include any dividend payments, if applicable.

20.00%25.00%30.00%35.00%JulyAugustSeptemberOctoberNovemberDecember
36.19%
27.88%
HYUP
HYLS

Key characteristics

Sharpe Ratio

HYUP:

2.26

HYLS:

1.71

Sortino Ratio

HYUP:

3.21

HYLS:

2.37

Omega Ratio

HYUP:

1.42

HYLS:

1.32

Calmar Ratio

HYUP:

4.14

HYLS:

2.64

Martin Ratio

HYUP:

15.16

HYLS:

9.55

Ulcer Index

HYUP:

0.70%

HYLS:

0.72%

Daily Std Dev

HYUP:

4.72%

HYLS:

4.04%

Max Drawdown

HYUP:

-24.79%

HYLS:

-22.99%

Current Drawdown

HYUP:

-1.19%

HYLS:

-0.49%

Returns By Period

In the year-to-date period, HYUP achieves a 10.15% return, which is significantly higher than HYLS's 6.40% return.


HYUP

YTD

10.15%

1M

-0.33%

6M

7.26%

1Y

10.14%

5Y*

4.09%

10Y*

N/A

HYLS

YTD

6.40%

1M

0.49%

6M

5.15%

1Y

6.66%

5Y*

2.91%

10Y*

4.03%

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HYUP vs. HYLS - Expense Ratio Comparison

HYUP has a 0.20% expense ratio, which is lower than HYLS's 1.01% expense ratio.


HYLS
First Trust Tactical High Yield ETF
Expense ratio chart for HYLS: current value at 1.01% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.01%
Expense ratio chart for HYUP: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%

Risk-Adjusted Performance

HYUP vs. HYLS - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers High Beta High Yield Bond ETF (HYUP) and First Trust Tactical High Yield ETF (HYLS). 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 HYUP, currently valued at 2.26, compared to the broader market0.002.004.002.261.71
The chart of Sortino ratio for HYUP, currently valued at 3.21, compared to the broader market-2.000.002.004.006.008.0010.003.212.37
The chart of Omega ratio for HYUP, currently valued at 1.42, compared to the broader market0.501.001.502.002.503.001.421.32
The chart of Calmar ratio for HYUP, currently valued at 4.14, compared to the broader market0.005.0010.0015.004.142.64
The chart of Martin ratio for HYUP, currently valued at 15.16, compared to the broader market0.0020.0040.0060.0080.00100.0015.169.55
HYUP
HYLS

The current HYUP Sharpe Ratio is 2.26, which is higher than the HYLS Sharpe Ratio of 1.71. The chart below compares the historical Sharpe Ratios of HYUP and HYLS, 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 Ratio2.002.503.003.504.00JulyAugustSeptemberOctoberNovemberDecember
2.26
1.71
HYUP
HYLS

Dividends

HYUP vs. HYLS - Dividend Comparison

HYUP's dividend yield for the trailing twelve months is around 7.07%, more than HYLS's 6.76% yield.


TTM20232022202120202019201820172016201520142013
HYUP
Xtrackers High Beta High Yield Bond ETF
7.07%7.48%7.15%6.19%6.89%6.78%6.97%0.00%0.00%0.00%0.00%0.00%
HYLS
First Trust Tactical High Yield ETF
6.23%5.98%7.38%5.48%5.09%5.17%5.81%5.53%5.37%6.11%5.78%5.10%

Drawdowns

HYUP vs. HYLS - Drawdown Comparison

The maximum HYUP drawdown since its inception was -24.79%, which is greater than HYLS's maximum drawdown of -22.99%. Use the drawdown chart below to compare losses from any high point for HYUP and HYLS. For additional features, visit the drawdowns tool.


-1.50%-1.00%-0.50%0.00%JulyAugustSeptemberOctoberNovemberDecember
-1.19%
-0.49%
HYUP
HYLS

Volatility

HYUP vs. HYLS - Volatility Comparison

Xtrackers High Beta High Yield Bond ETF (HYUP) has a higher volatility of 1.49% compared to First Trust Tactical High Yield ETF (HYLS) at 1.27%. This indicates that HYUP's price experiences larger fluctuations and is considered to be riskier than HYLS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.60%0.80%1.00%1.20%1.40%1.60%1.80%JulyAugustSeptemberOctoberNovemberDecember
1.49%
1.27%
HYUP
HYLS
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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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