JMLP.DE vs. HYG
Compare and contrast key facts about HANetf Alerian Midstream Energy Dividend UCITS ETF (JMLP.DE) and iShares iBoxx $ High Yield Corporate Bond ETF (HYG).
JMLP.DE and HYG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JMLP.DE is a passively managed fund by HANetf that tracks the performance of the Alerian Midstream Energy Dividend. It was launched on Jul 27, 2020. 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 JMLP.DE 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: JMLP.DE or HYG.
Key characteristics
| JMLP.DE | HYG | |
|---|---|---|
| YTD Return | 42.31% | 8.90% |
| 1Y Return | 43.20% | 14.88% |
| 3Y Return (Ann) | 24.55% | 2.95% |
| Sharpe Ratio | 2.70 | 3.25 |
| Sortino Ratio | 3.70 | 5.16 |
| Omega Ratio | 1.49 | 1.65 |
| Calmar Ratio | 5.99 | 2.48 |
| Martin Ratio | 24.67 | 25.18 |
| Ulcer Index | 1.72% | 0.61% |
| Daily Std Dev | 15.63% | 4.74% |
| Max Drawdown | -19.49% | -34.24% |
| Current Drawdown | 0.00% | -0.11% |
Correlation
The correlation between JMLP.DE and HYG is 0.26, 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
JMLP.DE vs. HYG - Performance Comparison
In the year-to-date period, JMLP.DE achieves a 42.31% return, which is significantly higher than HYG's 8.90% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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JMLP.DE vs. HYG - Expense Ratio Comparison
JMLP.DE has a 0.40% expense ratio, which is lower than HYG's 0.49% expense ratio.
Risk-Adjusted Performance
JMLP.DE vs. HYG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for HANetf Alerian Midstream Energy Dividend UCITS ETF (JMLP.DE) 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
JMLP.DE vs. HYG - Dividend Comparison
JMLP.DE's dividend yield for the trailing twelve months is around 3.09%, less than HYG's 6.34% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JMLP.DE HANetf Alerian Midstream Energy Dividend UCITS ETF | 3.09% | 7.00% | 8.29% | 7.61% | 4.84% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HYG iShares iBoxx $ High Yield Corporate Bond ETF | 6.34% | 5.75% | 5.30% | 4.02% | 4.88% | 4.99% | 5.54% | 5.12% | 5.27% | 5.90% | 5.69% | 6.10% |
Drawdowns
JMLP.DE vs. HYG - Drawdown Comparison
The maximum JMLP.DE drawdown since its inception was -19.49%, smaller than the maximum HYG drawdown of -34.24%. Use the drawdown chart below to compare losses from any high point for JMLP.DE and HYG. For additional features, visit the drawdowns tool.
Volatility
JMLP.DE vs. HYG - Volatility Comparison
HANetf Alerian Midstream Energy Dividend UCITS ETF (JMLP.DE) has a higher volatility of 5.05% compared to iShares iBoxx $ High Yield Corporate Bond ETF (HYG) at 1.04%. This indicates that JMLP.DE's price experiences larger fluctuations and is considered to be riskier than HYG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.