LEND vs. HYSD

Last updated Jul 28, 2026

LEND (SEI High Yield Bond & Alternative Credit ETF) and HYSD (Columbia Short Duration High Yield ETF) are both High Yield Bonds funds. Both are actively managed. Their 0.46 correlation means their historical movements had little consistent relationship. LEND charges 0.65%/yr vs 0.44%/yr for HYSD.

Performance

LEND vs. HYSD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SEI High Yield Bond & Alternative Credit ETF (LEND) and Columbia Short Duration High Yield ETF (HYSD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

LEND

• 1D: -0.02%
• 1M: 0.62%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

HYSD

• 1D: 0.02%
• 1M: -0.26%
• 6M: 1.30%
• YTD: 1.80%
• 1Y: 4.91%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 5.53%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
HYSD Columbia Short Duration High Yield ETF	$174.20K	$172.48K	$124.88K
LEND SEI High Yield Bond & Alternative Credit ETF	$3.10M	$2.41M	$1.91M

LEND vs. HYSD - Yearly Performance Comparison

	2026 (YTD)
LEND SEI High Yield Bond & Alternative Credit ETF	0.58%
HYSD Columbia Short Duration High Yield ETF	0.62%

Correlation

The correlation between LEND and HYSD is 0.46, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 18, 2026	0.46

Return for Risk

LEND vs. HYSD — Risk / Return Rank

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

LEND

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

HYSD

HYSD Risk / Return Rank: 84
HYSD Sharpe Ratio Rank: 77
HYSD Sortino Ratio Rank: 84
HYSD Omega Ratio Rank: 83
HYSD Calmar Ratio Rank: 85
HYSD Martin Ratio Rank: 91

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LEND vs. HYSD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SEI High Yield Bond & Alternative Credit ETF (LEND) and Columbia Short Duration High Yield ETF (HYSD). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	LEND	HYSD	Difference
Sharpe ratio: Return per unit of total volatility	—	1.77	—
Sortino ratio: Return per unit of downside risk	—	2.76	—
Omega ratio: Gain probability vs. loss probability	—	1.35	—
Calmar ratio: Return relative to maximum drawdown	—	3.38	—
Martin ratio: Return relative to average drawdown	—	14.75	—

Drawdowns

LEND vs. HYSD - Drawdown Comparison

The maximum LEND drawdown since its inception was -0.87%, smaller than the maximum HYSD drawdown of -2.69%. Use the drawdown chart below to compare losses from any high point for LEND and HYSD.

Drawdown Indicators

	LEND	HYSD	Difference
Max Drawdown Largest peak-to-trough decline	-0.87%	-2.69%	+1.82%
Max Drawdown (1Y) Largest decline over 1 year	—	-1.46%	—
Current Drawdown Current decline from peak	-0.38%	-0.57%	+0.19%
Average Drawdown Average peak-to-trough decline	-0.28%	-0.25%	-0.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.33%	—

Volatility

Volatility by Period

	LEND	HYSD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.46%	—
Volatility (6M) Calculated over the trailing 6-month period	—	2.23%	—
Volatility (1Y) Calculated over the trailing 1-year period	3.19%	2.80%	+0.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.19%	3.43%	-0.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.19%	3.43%	-0.24%

LEND vs. HYSD - Expense Ratio Comparison

LEND has a 0.65% expense ratio, which is higher than HYSD's 0.44% expense ratio.

Dividends

LEND vs. HYSD - Dividend Comparison

LEND's dividend yield for the trailing twelve months is around 0.98%, less than HYSD's 5.85% yield.

Position	TTM	2025	2024
HYSD Columbia Short Duration High Yield ETF	5.85%	5.60%	1.82%
LEND SEI High Yield Bond & Alternative Credit ETF	0.98%	0.00%	0.00%

Frequently Asked Questions

Can I hold both LEND and HYSD in my portfolio?

LEND and HYSD have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LEND or HYSD?

On fees, HYSD is cheaper at 0.44% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LEND or HYSD?

HYSD is cheaper with a 0.44% expense ratio, compared with 0.65% for LEND.

Which ETF pays a higher dividend yield, LEND or HYSD?

HYSD has the higher dividend yield at 5.85%, compared with 0.98% for LEND.

What is the main difference between LEND and HYSD?

They also come from different issuers: SEI and Columbia. Their fees differ too: 0.65% for LEND and 0.44% for HYSD.