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HYXU vs. IGHG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between HYXU and IGHG is 0.43, 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.


-0.50.00.51.0
Correlation: 0.4

Performance

HYXU vs. IGHG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares International High Yield Bond ETF (HYXU) and ProShares Investment Grade-Interest Rate Hedged (IGHG). The values are adjusted to include any dividend payments, if applicable.

10.00%20.00%30.00%40.00%50.00%NovemberDecember2025FebruaryMarchApril
24.20%
46.63%
HYXU
IGHG

Key characteristics

Sharpe Ratio

HYXU:

1.59

IGHG:

1.11

Sortino Ratio

HYXU:

2.40

IGHG:

1.58

Omega Ratio

HYXU:

1.28

IGHG:

1.21

Calmar Ratio

HYXU:

1.20

IGHG:

1.46

Martin Ratio

HYXU:

4.22

IGHG:

6.01

Ulcer Index

HYXU:

3.13%

IGHG:

0.91%

Daily Std Dev

HYXU:

8.34%

IGHG:

4.95%

Max Drawdown

HYXU:

-32.45%

IGHG:

-25.16%

Current Drawdown

HYXU:

0.00%

IGHG:

-1.24%

Returns By Period

In the year-to-date period, HYXU achieves a 10.76% return, which is significantly higher than IGHG's -0.43% return. Over the past 10 years, HYXU has underperformed IGHG with an annualized return of 3.11%, while IGHG has yielded a comparatively higher 3.78% annualized return.


HYXU

YTD

10.76%

1M

5.81%

6M

7.28%

1Y

13.51%

5Y*

5.36%

10Y*

3.11%

IGHG

YTD

-0.43%

1M

0.04%

6M

1.12%

1Y

5.29%

5Y*

6.74%

10Y*

3.78%

*Annualized

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HYXU vs. IGHG - Expense Ratio Comparison

HYXU has a 0.40% expense ratio, which is higher than IGHG's 0.30% expense ratio.


Expense ratio chart for HYXU: current value is 0.40%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
HYXU: 0.40%
Expense ratio chart for IGHG: current value is 0.30%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
IGHG: 0.30%

Risk-Adjusted Performance

HYXU vs. IGHG — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HYXU
The Risk-Adjusted Performance Rank of HYXU is 8888
Overall Rank
The Sharpe Ratio Rank of HYXU is 9191
Sharpe Ratio Rank
The Sortino Ratio Rank of HYXU is 9292
Sortino Ratio Rank
The Omega Ratio Rank of HYXU is 8989
Omega Ratio Rank
The Calmar Ratio Rank of HYXU is 8686
Calmar Ratio Rank
The Martin Ratio Rank of HYXU is 8282
Martin Ratio Rank

IGHG
The Risk-Adjusted Performance Rank of IGHG is 8585
Overall Rank
The Sharpe Ratio Rank of IGHG is 8383
Sharpe Ratio Rank
The Sortino Ratio Rank of IGHG is 8282
Sortino Ratio Rank
The Omega Ratio Rank of IGHG is 8282
Omega Ratio Rank
The Calmar Ratio Rank of IGHG is 8989
Calmar Ratio Rank
The Martin Ratio Rank of IGHG is 8787
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

HYXU vs. IGHG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares International High Yield Bond ETF (HYXU) and ProShares Investment Grade-Interest Rate Hedged (IGHG). 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.


The chart of Sharpe ratio for HYXU, currently valued at 1.58, compared to the broader market-1.000.001.002.003.004.00
HYXU: 1.59
IGHG: 1.11
The chart of Sortino ratio for HYXU, currently valued at 2.40, compared to the broader market-2.000.002.004.006.008.00
HYXU: 2.40
IGHG: 1.58
The chart of Omega ratio for HYXU, currently valued at 1.28, compared to the broader market0.501.001.502.002.50
HYXU: 1.28
IGHG: 1.21
The chart of Calmar ratio for HYXU, currently valued at 1.20, compared to the broader market0.002.004.006.008.0010.0012.00
HYXU: 1.20
IGHG: 1.46
The chart of Martin ratio for HYXU, currently valued at 4.22, compared to the broader market0.0020.0040.0060.00
HYXU: 4.22
IGHG: 6.01

The current HYXU Sharpe Ratio is 1.59, which is higher than the IGHG Sharpe Ratio of 1.11. The chart below compares the historical Sharpe Ratios of HYXU and IGHG, 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 Ratio0.000.501.001.502.002.50NovemberDecember2025FebruaryMarchApril
1.59
1.11
HYXU
IGHG

Dividends

HYXU vs. IGHG - Dividend Comparison

HYXU's dividend yield for the trailing twelve months is around 4.61%, less than IGHG's 5.20% yield.


TTM20242023202220212020201920182017201620152014
HYXU
iShares International High Yield Bond ETF
4.61%5.11%3.38%0.61%3.07%1.45%1.19%4.01%0.69%1.50%3.25%4.55%
IGHG
ProShares Investment Grade-Interest Rate Hedged
5.20%5.06%5.00%3.55%2.50%2.79%3.48%4.13%3.36%3.37%3.65%3.59%

Drawdowns

HYXU vs. IGHG - Drawdown Comparison

The maximum HYXU drawdown since its inception was -32.45%, which is greater than IGHG's maximum drawdown of -25.16%. Use the drawdown chart below to compare losses from any high point for HYXU and IGHG. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%NovemberDecember2025FebruaryMarchApril0
-1.24%
HYXU
IGHG

Volatility

HYXU vs. IGHG - Volatility Comparison

iShares International High Yield Bond ETF (HYXU) has a higher volatility of 3.91% compared to ProShares Investment Grade-Interest Rate Hedged (IGHG) at 2.33%. This indicates that HYXU's price experiences larger fluctuations and is considered to be riskier than IGHG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%NovemberDecember2025FebruaryMarchApril
3.91%
2.33%
HYXU
IGHG