HYXE vs. VOO
Compare and contrast key facts about iShares iBoxx $ High Yield ex Oil & Gas Corporate Bond ETF (HYXE) and Vanguard S&P 500 ETF (VOO).
HYXE and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HYXE is a passively managed fund by iShares that tracks the performance of the Markit iBoxx USD Liquid High Yield ex-Oil and Gas Index. It was launched on Jun 14, 2016. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both HYXE and VOO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HYXE or VOO.
Correlation
The correlation between HYXE and VOO is 0.54, 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.
Performance
HYXE vs. VOO - Performance Comparison
Key characteristics
Returns By Period
HYXE
N/A
N/A
N/A
N/A
N/A
N/A
VOO
4.06%
2.04%
9.70%
23.75%
14.34%
13.25%
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HYXE vs. VOO - Expense Ratio Comparison
HYXE has a 0.50% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
HYXE vs. VOO — Risk-Adjusted Performance Rank
HYXE
VOO
HYXE vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares iBoxx $ High Yield ex Oil & Gas Corporate Bond ETF (HYXE) and Vanguard S&P 500 ETF (VOO). 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
HYXE vs. VOO - Dividend Comparison
HYXE has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.20%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HYXE iShares iBoxx $ High Yield ex Oil & Gas Corporate Bond ETF | 0.00% | 3.24% | 5.93% | 5.37% | 4.01% | 4.57% | 5.29% | 6.14% | 5.85% | 3.15% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.20% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
HYXE vs. VOO - Drawdown Comparison
Volatility
HYXE vs. VOO - Volatility Comparison
The current volatility for iShares iBoxx $ High Yield ex Oil & Gas Corporate Bond ETF (HYXE) is 0.00%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.13%. This indicates that HYXE experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.