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

Performance

HYLB vs. HYUP - Performance Comparison

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

0.00%2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
6.22%
8.31%
HYLB
HYUP

Returns By Period

In the year-to-date period, HYLB achieves a 8.25% return, which is significantly lower than HYUP's 10.54% return.


HYLB

YTD

8.25%

1M

0.15%

6M

6.23%

1Y

13.09%

5Y (annualized)

3.93%

10Y (annualized)

N/A

HYUP

YTD

10.54%

1M

0.35%

6M

8.31%

1Y

16.53%

5Y (annualized)

4.88%

10Y (annualized)

N/A

Key characteristics


HYLBHYUP
Sharpe Ratio2.923.42
Sortino Ratio4.575.25
Omega Ratio1.571.69
Calmar Ratio2.852.72
Martin Ratio22.1524.72
Ulcer Index0.59%0.68%
Daily Std Dev4.50%4.90%
Max Drawdown-22.91%-24.79%
Current Drawdown-0.38%-0.42%

Compare stocks, funds, or ETFs

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HYLB vs. HYUP - Expense Ratio Comparison

HYLB has a 0.15% expense ratio, which is lower than HYUP's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


HYUP
Xtrackers High Beta High Yield Bond ETF
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%
Expense ratio chart for HYLB: current value at 0.15% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.15%

Correlation

-0.50.00.51.00.9

The correlation between HYLB and HYUP is 0.90, 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.

Risk-Adjusted Performance

HYLB vs. HYUP - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers USD High Yield Corporate Bond ETF (HYLB) and Xtrackers High Beta High Yield Bond ETF (HYUP). 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 HYLB, currently valued at 2.92, compared to the broader market0.002.004.006.002.923.42
The chart of Sortino ratio for HYLB, currently valued at 4.57, compared to the broader market-2.000.002.004.006.008.0010.0012.004.575.25
The chart of Omega ratio for HYLB, currently valued at 1.57, compared to the broader market0.501.001.502.002.503.001.571.69
The chart of Calmar ratio for HYLB, currently valued at 2.85, compared to the broader market0.005.0010.0015.002.852.72
The chart of Martin ratio for HYLB, currently valued at 22.15, compared to the broader market0.0020.0040.0060.0080.00100.00120.0022.1524.72
HYLB
HYUP

The current HYLB Sharpe Ratio is 2.92, which is comparable to the HYUP Sharpe Ratio of 3.42. The chart below compares the historical Sharpe Ratios of HYLB and HYUP, 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 Ratio1.502.002.503.003.504.00JuneJulyAugustSeptemberOctoberNovember
2.92
3.42
HYLB
HYUP

Dividends

HYLB vs. HYUP - Dividend Comparison

HYLB's dividend yield for the trailing twelve months is around 6.05%, less than HYUP's 7.59% yield.


TTM20232022202120202019201820172016
HYLB
Xtrackers USD High Yield Corporate Bond ETF
6.05%5.85%5.53%4.45%5.23%5.71%5.95%5.84%0.27%
HYUP
Xtrackers High Beta High Yield Bond ETF
7.59%7.48%7.15%6.19%6.89%6.78%6.97%0.00%0.00%

Drawdowns

HYLB vs. HYUP - Drawdown Comparison

The maximum HYLB drawdown since its inception was -22.91%, smaller than the maximum HYUP drawdown of -24.79%. Use the drawdown chart below to compare losses from any high point for HYLB and HYUP. For additional features, visit the drawdowns tool.


-1.50%-1.00%-0.50%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.38%
-0.42%
HYLB
HYUP

Volatility

HYLB vs. HYUP - Volatility Comparison

Xtrackers USD High Yield Corporate Bond ETF (HYLB) and Xtrackers High Beta High Yield Bond ETF (HYUP) have volatilities of 1.04% and 1.05%, 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.


0.80%1.00%1.20%1.40%1.60%1.80%JuneJulyAugustSeptemberOctoberNovember
1.04%
1.05%
HYLB
HYUP