HYXF vs. FDHY
Compare and contrast key facts about iShares ESG Advanced High Yield Corporate Bond ETF (HYXF) and Fidelity High Yield Factor ETF (FDHY).
HYXF and FDHY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HYXF is a passively managed fund by iShares that tracks the performance of the Bloomberg MSCI US High Yield Corporate Choice ESG Screened. It was launched on Jun 14, 2016. FDHY is an actively managed fund by Fidelity. It was launched on Jun 12, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HYXF or FDHY.
Correlation
The correlation between HYXF and FDHY is 0.78, 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.
Performance
HYXF vs. FDHY - Performance Comparison
Key characteristics
HYXF:
2.38
FDHY:
2.20
HYXF:
3.48
FDHY:
3.29
HYXF:
1.44
FDHY:
1.41
HYXF:
4.19
FDHY:
4.71
HYXF:
15.12
FDHY:
14.74
HYXF:
0.69%
FDHY:
0.62%
HYXF:
4.38%
FDHY:
4.13%
HYXF:
-18.75%
FDHY:
-20.01%
HYXF:
-0.21%
FDHY:
0.00%
Returns By Period
In the year-to-date period, HYXF achieves a 1.66% return, which is significantly lower than FDHY's 1.78% return.
HYXF
1.66%
0.71%
3.92%
10.48%
3.17%
N/A
FDHY
1.78%
0.94%
3.42%
9.25%
4.23%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
HYXF vs. FDHY - Expense Ratio Comparison
HYXF has a 0.35% expense ratio, which is lower than FDHY's 0.45% expense ratio.
Risk-Adjusted Performance
HYXF vs. FDHY — Risk-Adjusted Performance Rank
HYXF
FDHY
HYXF vs. FDHY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares ESG Advanced High Yield Corporate Bond ETF (HYXF) and Fidelity High Yield Factor ETF (FDHY). 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
HYXF vs. FDHY - Dividend Comparison
HYXF's dividend yield for the trailing twelve months is around 6.36%, less than FDHY's 6.52% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
HYXF iShares ESG Advanced High Yield Corporate Bond ETF | 6.36% | 6.41% | 5.92% | 5.37% | 4.56% | 5.35% | 5.29% | 6.14% | 5.85% | 3.15% |
FDHY Fidelity High Yield Factor ETF | 6.52% | 6.58% | 6.26% | 5.34% | 6.09% | 5.78% | 4.94% | 3.07% | 0.00% | 0.00% |
Drawdowns
HYXF vs. FDHY - Drawdown Comparison
The maximum HYXF drawdown since its inception was -18.75%, smaller than the maximum FDHY drawdown of -20.01%. Use the drawdown chart below to compare losses from any high point for HYXF and FDHY. For additional features, visit the drawdowns tool.
Volatility
HYXF vs. FDHY - Volatility Comparison
iShares ESG Advanced High Yield Corporate Bond ETF (HYXF) has a higher volatility of 1.07% compared to Fidelity High Yield Factor ETF (FDHY) at 0.84%. This indicates that HYXF's price experiences larger fluctuations and is considered to be riskier than FDHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.