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IHY vs. AVIG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between IHY and AVIG is 0.19, 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

IHY vs. AVIG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in VanEck Vectors International High Yield Bond ETF (IHY) and Avantis Core Fixed Income ETF (AVIG). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

IHY:

1.43

AVIG:

1.00

Sortino Ratio

IHY:

2.07

AVIG:

1.43

Omega Ratio

IHY:

1.28

AVIG:

1.17

Calmar Ratio

IHY:

0.99

AVIG:

0.43

Martin Ratio

IHY:

5.57

AVIG:

2.69

Ulcer Index

IHY:

1.60%

AVIG:

1.97%

Daily Std Dev

IHY:

6.32%

AVIG:

5.41%

Max Drawdown

IHY:

-27.63%

AVIG:

-19.64%

Current Drawdown

IHY:

-1.27%

AVIG:

-7.03%

Returns By Period

In the year-to-date period, IHY achieves a 5.11% return, which is significantly higher than AVIG's 2.17% return.


IHY

YTD

5.11%

1M

2.60%

6M

3.02%

1Y

8.98%

5Y*

4.50%

10Y*

3.34%

AVIG

YTD

2.17%

1M

0.33%

6M

1.13%

1Y

5.36%

5Y*

N/A

10Y*

N/A

*Annualized

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IHY vs. AVIG - Expense Ratio Comparison

IHY has a 0.40% expense ratio, which is higher than AVIG's 0.15% expense ratio.


Risk-Adjusted Performance

IHY vs. AVIG — Risk-Adjusted Performance Rank

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

IHY
The Risk-Adjusted Performance Rank of IHY is 8888
Overall Rank
The Sharpe Ratio Rank of IHY is 9191
Sharpe Ratio Rank
The Sortino Ratio Rank of IHY is 9090
Sortino Ratio Rank
The Omega Ratio Rank of IHY is 8989
Omega Ratio Rank
The Calmar Ratio Rank of IHY is 8383
Calmar Ratio Rank
The Martin Ratio Rank of IHY is 8787
Martin Ratio Rank

AVIG
The Risk-Adjusted Performance Rank of AVIG is 7474
Overall Rank
The Sharpe Ratio Rank of AVIG is 8282
Sharpe Ratio Rank
The Sortino Ratio Rank of AVIG is 8181
Sortino Ratio Rank
The Omega Ratio Rank of AVIG is 7777
Omega Ratio Rank
The Calmar Ratio Rank of AVIG is 5656
Calmar Ratio Rank
The Martin Ratio Rank of AVIG is 7272
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.

IHY vs. AVIG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors International High Yield Bond ETF (IHY) and Avantis Core Fixed Income ETF (AVIG). 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 current IHY Sharpe Ratio is 1.43, which is higher than the AVIG Sharpe Ratio of 1.00. The chart below compares the historical Sharpe Ratios of IHY and AVIG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

IHY vs. AVIG - Dividend Comparison

IHY's dividend yield for the trailing twelve months is around 5.41%, more than AVIG's 4.60% yield.


TTM20242023202220212020201920182017201620152014
IHY
VanEck Vectors International High Yield Bond ETF
5.41%5.60%5.26%4.97%4.55%4.65%4.86%4.70%4.37%5.11%5.79%5.74%
AVIG
Avantis Core Fixed Income ETF
4.60%4.66%4.06%2.53%1.12%0.22%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

IHY vs. AVIG - Drawdown Comparison

The maximum IHY drawdown since its inception was -27.63%, which is greater than AVIG's maximum drawdown of -19.64%. Use the drawdown chart below to compare losses from any high point for IHY and AVIG. For additional features, visit the drawdowns tool.


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Volatility

IHY vs. AVIG - Volatility Comparison


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