HYXU vs. HBND.TO
Compare and contrast key facts about iShares Euro High Yield Corporate Bond USD Hedged ETF (HYXU) and Hamilton U.S. Bond YIELD MAXIMIZER ETF (CAD Hedged) (HBND.TO).
HYXU and HBND.TO 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 BBG Pan-European High Yield (Euro) Total Return 100% USD Hedged Index. It was launched on Apr 3, 2012. HBND.TO is an actively managed fund by Hamilton Capital. It was launched on Aug 21, 2024.
Performance
HYXU vs. HBND.TO - Performance Comparison
Loading graphics...
HYXU vs. HBND.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
HYXU iShares Euro High Yield Corporate Bond USD Hedged ETF | -0.44% | 17.41% | -0.55% | 10.07% |
HBND.TO Hamilton U.S. Bond YIELD MAXIMIZER ETF (CAD Hedged) | -1.44% | 9.04% | -14.36% | 7.00% |
Different Trading Currencies
HYXU is traded in USD, while HBND.TO is traded in CAD. To make them comparable, the HBND.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, HYXU achieves a -0.44% return, which is significantly higher than HBND.TO's -1.44% return.
HYXU
- 1D
- 0.53%
- 1M
- -1.09%
- YTD
- -0.44%
- 6M
- -1.19%
- 1Y
- 12.04%
- 3Y*
- 8.98%
- 5Y*
- 2.17%
- 10Y*
- 3.56%
HBND.TO
- 1D
- 0.07%
- 1M
- -4.32%
- YTD
- -1.44%
- 6M
- -1.10%
- 1Y
- 1.51%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
HYXU vs. HBND.TO - Expense Ratio Comparison
HYXU has a 0.35% expense ratio, which is lower than HBND.TO's 0.45% expense ratio.
Return for Risk
HYXU vs. HBND.TO — Risk / Return Rank
HYXU
HBND.TO
HYXU vs. HBND.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Euro High Yield Corporate Bond USD Hedged ETF (HYXU) and Hamilton U.S. Bond YIELD MAXIMIZER ETF (CAD Hedged) (HBND.TO). 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.
| HYXU | HBND.TO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.71 | 0.13 | +1.59 |
Sortino ratioReturn per unit of downside risk | 2.51 | 0.26 | +2.25 |
Omega ratioGain probability vs. loss probability | 1.34 | 1.03 | +0.31 |
Calmar ratioReturn relative to maximum drawdown | 3.32 | 0.43 | +2.89 |
Martin ratioReturn relative to average drawdown | 7.85 | 1.13 | +6.72 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| HYXU | HBND.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.71 | 0.13 | +1.59 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.22 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.34 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | -0.04 | +0.37 |
Correlation
The correlation between HYXU and HBND.TO is 0.46, 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.
Dividends
HYXU vs. HBND.TO - Dividend Comparison
HYXU's dividend yield for the trailing twelve months is around 4.59%, less than HBND.TO's 11.67% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HYXU iShares Euro High Yield Corporate Bond USD Hedged ETF | 4.59% | 3.56% | 5.11% | 3.38% | 0.61% | 3.07% | 1.45% | 1.19% | 4.01% | 0.69% | 1.70% | 3.24% |
HBND.TO Hamilton U.S. Bond YIELD MAXIMIZER ETF (CAD Hedged) | 11.67% | 11.84% | 11.51% | 2.41% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
HYXU vs. HBND.TO - Drawdown Comparison
The maximum HYXU drawdown since its inception was -32.45%, which is greater than HBND.TO's maximum drawdown of -18.31%. Use the drawdown chart below to compare losses from any high point for HYXU and HBND.TO.
Loading graphics...
Drawdown Indicators
| HYXU | HBND.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.45% | -13.65% | -18.80% |
Max Drawdown (1Y)Largest decline over 1 year | -3.50% | -8.60% | +5.10% |
Max Drawdown (5Y)Largest decline over 5 years | -32.45% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -32.45% | — | — |
Current DrawdownCurrent decline from peak | -2.07% | -7.99% | +5.92% |
Average DrawdownAverage peak-to-trough decline | -8.68% | -6.39% | -2.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.48% | 3.96% | -2.48% |
Volatility
HYXU vs. HBND.TO - Volatility Comparison
The current volatility for iShares Euro High Yield Corporate Bond USD Hedged ETF (HYXU) is 2.09%, while Hamilton U.S. Bond YIELD MAXIMIZER ETF (CAD Hedged) (HBND.TO) has a volatility of 3.73%. This indicates that HYXU experiences smaller price fluctuations and is considered to be less risky than HBND.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| HYXU | HBND.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.09% | 3.73% | -1.64% |
Volatility (6M)Calculated over the trailing 6-month period | 3.18% | 6.89% | -3.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.06% | 11.85% | -4.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.06% | 13.66% | -3.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.54% | 13.66% | -3.12% |