IHYF vs. SPHY
Compare and contrast key facts about Invesco High Yield Bond Factor ETF (IHYF) and SPDR Portfolio High Yield Bond ETF (SPHY).
IHYF and SPHY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IHYF is an actively managed fund by Invesco. It was launched on Nov 30, 2020. SPHY is a passively managed fund by State Street that tracks the performance of the ICE BofAML US High Yield Index. It was launched on Jun 18, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IHYF or SPHY.
Correlation
The correlation between IHYF and SPHY is 0.60, 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
IHYF vs. SPHY - Performance Comparison
Loading data...
Key characteristics
IHYF:
1.17
SPHY:
1.41
IHYF:
1.55
SPHY:
2.03
IHYF:
1.26
SPHY:
1.30
IHYF:
1.18
SPHY:
1.58
IHYF:
5.26
SPHY:
8.33
IHYF:
1.17%
SPHY:
0.92%
IHYF:
5.51%
SPHY:
5.53%
IHYF:
-15.96%
SPHY:
-21.97%
IHYF:
-2.23%
SPHY:
-0.92%
Returns By Period
In the year-to-date period, IHYF achieves a 0.07% return, which is significantly lower than SPHY's 1.29% return.
IHYF
0.07%
2.60%
0.16%
6.45%
N/A
N/A
SPHY
1.29%
3.13%
0.88%
8.01%
6.57%
4.64%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
IHYF vs. SPHY - Expense Ratio Comparison
IHYF has a 0.39% expense ratio, which is higher than SPHY's 0.10% expense ratio.
Risk-Adjusted Performance
IHYF vs. SPHY — Risk-Adjusted Performance Rank
IHYF
SPHY
IHYF vs. SPHY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco High Yield Bond Factor ETF (IHYF) and SPDR Portfolio High Yield Bond ETF (SPHY). 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.
Loading data...
Dividends
IHYF vs. SPHY - Dividend Comparison
IHYF's dividend yield for the trailing twelve months is around 7.34%, less than SPHY's 7.77% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IHYF Invesco High Yield Bond Factor ETF | 7.34% | 7.20% | 6.76% | 6.16% | 4.87% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPHY SPDR Portfolio High Yield Bond ETF | 7.77% | 7.80% | 7.30% | 6.47% | 5.14% | 5.63% | 5.73% | 4.09% | 4.41% | 4.27% | 4.29% | 3.98% |
Drawdowns
IHYF vs. SPHY - Drawdown Comparison
The maximum IHYF drawdown since its inception was -15.96%, smaller than the maximum SPHY drawdown of -21.97%. Use the drawdown chart below to compare losses from any high point for IHYF and SPHY. For additional features, visit the drawdowns tool.
Loading data...
Volatility
IHYF vs. SPHY - Volatility Comparison
Invesco High Yield Bond Factor ETF (IHYF) and SPDR Portfolio High Yield Bond ETF (SPHY) have volatilities of 2.41% and 2.35%, 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.
Loading data...