IHYA.L vs. HYG
Compare and contrast key facts about iShares USD High Yield Corporate Bond UCITS ETF USD (Acc) (IHYA.L) and iShares iBoxx $ High Yield Corporate Bond ETF (HYG).
IHYA.L and HYG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IHYA.L is a passively managed fund by iShares that tracks the performance of the Bloomberg US Corporate High Yield TR USD. It was launched on Apr 13, 2017. HYG is a passively managed fund by iShares that tracks the performance of the iBoxx $ Liquid High Yield Index. It was launched on Apr 11, 2007. Both IHYA.L and HYG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IHYA.L or HYG.
Correlation
The correlation between IHYA.L and HYG is 0.45, 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
IHYA.L vs. HYG - Performance Comparison
Key characteristics
IHYA.L:
1.36
HYG:
1.71
IHYA.L:
1.90
HYG:
2.53
IHYA.L:
1.29
HYG:
1.36
IHYA.L:
1.61
HYG:
2.14
IHYA.L:
9.70
HYG:
11.35
IHYA.L:
0.80%
HYG:
0.86%
IHYA.L:
5.73%
HYG:
5.69%
IHYA.L:
-22.58%
HYG:
-34.24%
IHYA.L:
-0.28%
HYG:
-0.54%
Returns By Period
In the year-to-date period, IHYA.L achieves a 2.06% return, which is significantly higher than HYG's 1.79% return.
IHYA.L
2.06%
0.26%
2.64%
8.47%
5.47%
N/A
HYG
1.79%
0.12%
2.66%
8.51%
5.37%
3.92%
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IHYA.L vs. HYG - Expense Ratio Comparison
IHYA.L has a 0.50% expense ratio, which is higher than HYG's 0.49% expense ratio.
Risk-Adjusted Performance
IHYA.L vs. HYG — Risk-Adjusted Performance Rank
IHYA.L
HYG
IHYA.L vs. HYG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares USD High Yield Corporate Bond UCITS ETF USD (Acc) (IHYA.L) and iShares iBoxx $ High Yield Corporate Bond ETF (HYG). 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
IHYA.L vs. HYG - Dividend Comparison
IHYA.L has not paid dividends to shareholders, while HYG's dividend yield for the trailing twelve months is around 5.89%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IHYA.L iShares USD High Yield Corporate Bond UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HYG iShares iBoxx $ High Yield Corporate Bond ETF | 5.89% | 6.01% | 5.74% | 5.30% | 4.02% | 4.88% | 4.99% | 5.54% | 5.12% | 5.27% | 5.90% | 5.69% |
Drawdowns
IHYA.L vs. HYG - Drawdown Comparison
The maximum IHYA.L drawdown since its inception was -22.58%, smaller than the maximum HYG drawdown of -34.24%. Use the drawdown chart below to compare losses from any high point for IHYA.L and HYG. For additional features, visit the drawdowns tool.
Volatility
IHYA.L vs. HYG - Volatility Comparison
iShares USD High Yield Corporate Bond UCITS ETF USD (Acc) (IHYA.L) and iShares iBoxx $ High Yield Corporate Bond ETF (HYG) have volatilities of 4.35% and 4.23%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.