IHY vs. AVIG
Compare and contrast key facts about VanEck Vectors International High Yield Bond ETF (IHY) and Avantis Core Fixed Income ETF (AVIG).
IHY and AVIG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IHY is a passively managed fund by VanEck that tracks the performance of the Bank of America Merrill Lynch Global Ex-‐US Issuers High Yield Constrained Index. It was launched on Apr 2, 2012. AVIG is an actively managed fund by American Century Investments. It was launched on Oct 13, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IHY or AVIG.
Correlation
The correlation between IHY and AVIG is 0.42, 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.
Performance
IHY vs. AVIG - Performance Comparison
Key characteristics
IHY:
1.70
AVIG:
1.30
IHY:
2.48
AVIG:
1.90
IHY:
1.34
AVIG:
1.23
IHY:
1.01
AVIG:
0.53
IHY:
6.73
AVIG:
3.62
IHY:
1.59%
AVIG:
1.94%
IHY:
6.31%
AVIG:
5.39%
IHY:
-27.63%
AVIG:
-19.64%
IHY:
-1.13%
AVIG:
-7.30%
Returns By Period
In the year-to-date period, IHY achieves a 4.62% return, which is significantly higher than AVIG's 1.87% return.
IHY
4.62%
0.49%
2.31%
10.65%
4.30%
3.63%
AVIG
1.87%
-0.68%
0.12%
6.82%
N/A
N/A
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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
IHY
AVIG
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.
Dividends
IHY vs. AVIG - Dividend Comparison
IHY's dividend yield for the trailing twelve months is around 5.44%, more than AVIG's 4.60% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IHY VanEck Vectors International High Yield Bond ETF | 5.44% | 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.
Volatility
IHY vs. AVIG - Volatility Comparison
VanEck Vectors International High Yield Bond ETF (IHY) has a higher volatility of 3.70% compared to Avantis Core Fixed Income ETF (AVIG) at 2.29%. This indicates that IHY's price experiences larger fluctuations and is considered to be riskier than AVIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.