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

Correlation

The correlation between IGHG and HYXU 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

IGHG vs. HYXU - Performance Comparison

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

10.00%20.00%30.00%40.00%50.00%NovemberDecember2025FebruaryMarchApril
46.78%
24.10%
IGHG
HYXU

Key characteristics

Sharpe Ratio

IGHG:

1.15

HYXU:

1.68

Sortino Ratio

IGHG:

1.64

HYXU:

2.54

Omega Ratio

IGHG:

1.22

HYXU:

1.30

Calmar Ratio

IGHG:

1.52

HYXU:

1.27

Martin Ratio

IGHG:

6.27

HYXU:

4.49

Ulcer Index

IGHG:

0.91%

HYXU:

3.13%

Daily Std Dev

IGHG:

4.95%

HYXU:

8.34%

Max Drawdown

IGHG:

-25.16%

HYXU:

-32.45%

Current Drawdown

IGHG:

-1.14%

HYXU:

0.00%

Returns By Period

In the year-to-date period, IGHG achieves a -0.33% return, which is significantly lower than HYXU's 10.67% return. Over the past 10 years, IGHG has outperformed HYXU with an annualized return of 3.75%, while HYXU has yielded a comparatively lower 3.28% annualized return.


IGHG

YTD

-0.33%

1M

-0.12%

6M

1.76%

1Y

5.60%

5Y*

6.70%

10Y*

3.75%

HYXU

YTD

10.67%

1M

5.35%

6M

6.79%

1Y

13.38%

5Y*

5.79%

10Y*

3.28%

*Annualized

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IGHG vs. HYXU - Expense Ratio Comparison

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

IGHG vs. HYXU — Risk-Adjusted Performance Rank

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

IGHG
The Risk-Adjusted Performance Rank of IGHG is 8686
Overall Rank
The Sharpe Ratio Rank of IGHG is 8484
Sharpe Ratio Rank
The Sortino Ratio Rank of IGHG is 8484
Sortino Ratio Rank
The Omega Ratio Rank of IGHG is 8383
Omega Ratio Rank
The Calmar Ratio Rank of IGHG is 9090
Calmar Ratio Rank
The Martin Ratio Rank of IGHG is 8888
Martin Ratio Rank

HYXU
The Risk-Adjusted Performance Rank of HYXU is 8989
Overall Rank
The Sharpe Ratio Rank of HYXU is 9292
Sharpe Ratio Rank
The Sortino Ratio Rank of HYXU is 9393
Sortino Ratio Rank
The Omega Ratio Rank of HYXU is 9090
Omega Ratio Rank
The Calmar Ratio Rank of HYXU is 8787
Calmar Ratio Rank
The Martin Ratio Rank of HYXU is 8383
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.

IGHG vs. HYXU - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Investment Grade-Interest Rate Hedged (IGHG) and iShares International High Yield Bond ETF (HYXU). 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 IGHG, currently valued at 1.15, compared to the broader market-1.000.001.002.003.004.00
IGHG: 1.15
HYXU: 1.68
The chart of Sortino ratio for IGHG, currently valued at 1.64, compared to the broader market-2.000.002.004.006.008.00
IGHG: 1.64
HYXU: 2.54
The chart of Omega ratio for IGHG, currently valued at 1.22, compared to the broader market0.501.001.502.002.50
IGHG: 1.22
HYXU: 1.30
The chart of Calmar ratio for IGHG, currently valued at 1.52, compared to the broader market0.002.004.006.008.0010.0012.00
IGHG: 1.52
HYXU: 1.27
The chart of Martin ratio for IGHG, currently valued at 6.27, compared to the broader market0.0020.0040.0060.00
IGHG: 6.27
HYXU: 4.49

The current IGHG Sharpe Ratio is 1.15, which is lower than the HYXU Sharpe Ratio of 1.68. The chart below compares the historical Sharpe Ratios of IGHG and HYXU, 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
1.15
1.68
IGHG
HYXU

Dividends

IGHG vs. HYXU - Dividend Comparison

IGHG's dividend yield for the trailing twelve months is around 5.20%, more than HYXU's 4.62% yield.


TTM20242023202220212020201920182017201620152014
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%
HYXU
iShares International High Yield Bond ETF
4.62%5.11%3.38%0.61%3.07%1.45%1.19%4.01%0.69%1.50%3.25%4.55%

Drawdowns

IGHG vs. HYXU - Drawdown Comparison

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


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%NovemberDecember2025FebruaryMarchApril
-1.14%
0
IGHG
HYXU

Volatility

IGHG vs. HYXU - Volatility Comparison

The current volatility for ProShares Investment Grade-Interest Rate Hedged (IGHG) is 2.34%, while iShares International High Yield Bond ETF (HYXU) has a volatility of 4.00%. This indicates that IGHG experiences smaller price fluctuations and is considered to be less risky than HYXU 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
2.34%
4.00%
IGHG
HYXU