HYXU vs. BNDX
Compare and contrast key facts about iShares International High Yield Bond ETF (HYXU) and Vanguard Total International Bond ETF (BNDX).
HYXU and BNDX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HYXU is a passively managed fund by iShares that tracks the performance of the Markit iBoxx Global Developed Markets ex-US High Yield Index. It was launched on Apr 3, 2012. BNDX is a passively managed fund by Vanguard that tracks the performance of the Barclays Global Aggregate ex-USD Float-Adjusted Index (Hedged). It was launched on May 31, 2013. Both HYXU and BNDX 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: HYXU or BNDX.
Correlation
The correlation between HYXU and BNDX is 0.09, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
HYXU vs. BNDX - Performance Comparison
Key characteristics
HYXU:
0.16
BNDX:
1.10
HYXU:
0.27
BNDX:
1.62
HYXU:
1.03
BNDX:
1.19
HYXU:
0.10
BNDX:
0.49
HYXU:
0.47
BNDX:
3.78
HYXU:
2.51%
BNDX:
1.14%
HYXU:
7.44%
BNDX:
3.91%
HYXU:
-32.45%
BNDX:
-16.23%
HYXU:
-8.71%
BNDX:
-4.06%
Returns By Period
In the year-to-date period, HYXU achieves a -0.85% return, which is significantly lower than BNDX's 3.58% return. Over the past 10 years, HYXU has underperformed BNDX with an annualized return of 1.50%, while BNDX has yielded a comparatively higher 1.94% annualized return.
HYXU
-0.85%
-1.93%
0.71%
0.52%
0.90%
1.50%
BNDX
3.58%
0.46%
3.48%
3.79%
0.09%
1.94%
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HYXU vs. BNDX - Expense Ratio Comparison
HYXU has a 0.40% expense ratio, which is higher than BNDX's 0.07% expense ratio.
Risk-Adjusted Performance
HYXU vs. BNDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares International High Yield Bond ETF (HYXU) and Vanguard Total International Bond ETF (BNDX). 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
HYXU vs. BNDX - Dividend Comparison
HYXU's dividend yield for the trailing twelve months is around 5.12%, more than BNDX's 4.78% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
iShares International High Yield Bond ETF | 5.12% | 3.38% | 0.61% | 3.07% | 1.45% | 1.19% | 4.01% | 0.69% | 1.50% | 3.25% | 4.55% | 5.02% |
Vanguard Total International Bond ETF | 4.78% | 4.42% | 1.52% | 3.74% | 1.11% | 3.40% | 3.01% | 2.23% | 1.89% | 1.63% | 1.54% | 0.86% |
Drawdowns
HYXU vs. BNDX - Drawdown Comparison
The maximum HYXU drawdown since its inception was -32.45%, which is greater than BNDX's maximum drawdown of -16.23%. Use the drawdown chart below to compare losses from any high point for HYXU and BNDX. For additional features, visit the drawdowns tool.
Volatility
HYXU vs. BNDX - Volatility Comparison
iShares International High Yield Bond ETF (HYXU) has a higher volatility of 2.55% compared to Vanguard Total International Bond ETF (BNDX) at 1.05%. This indicates that HYXU's price experiences larger fluctuations and is considered to be riskier than BNDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.