LGD.TO vs. HYG
Compare and contrast key facts about Liberty Gold Corp. (LGD.TO) and iShares iBoxx $ High Yield Corporate Bond ETF (HYG).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LGD.TO or HYG.
Correlation
The correlation between LGD.TO and HYG is 0.15, 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
LGD.TO vs. HYG - Performance Comparison
Key characteristics
LGD.TO:
0.68
HYG:
2.33
LGD.TO:
1.40
HYG:
3.42
LGD.TO:
1.17
HYG:
1.44
LGD.TO:
0.49
HYG:
4.17
LGD.TO:
2.36
HYG:
16.16
LGD.TO:
19.38%
HYG:
0.61%
LGD.TO:
67.34%
HYG:
4.19%
LGD.TO:
-93.45%
HYG:
-34.24%
LGD.TO:
-90.03%
HYG:
-0.01%
Returns By Period
In the year-to-date period, LGD.TO achieves a 34.62% return, which is significantly higher than HYG's 1.86% return. Over the past 10 years, LGD.TO has underperformed HYG with an annualized return of -10.10%, while HYG has yielded a comparatively higher 3.98% annualized return.
LGD.TO
34.62%
29.63%
-12.50%
40.00%
-24.11%
-10.10%
HYG
1.86%
0.82%
3.81%
9.89%
3.26%
3.98%
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Risk-Adjusted Performance
LGD.TO vs. HYG — Risk-Adjusted Performance Rank
LGD.TO
HYG
LGD.TO vs. HYG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Liberty Gold Corp. (LGD.TO) 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
LGD.TO vs. HYG - Dividend Comparison
LGD.TO has not paid dividends to shareholders, while HYG's dividend yield for the trailing twelve months is around 6.37%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LGD.TO Liberty Gold Corp. | 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 | 6.37% | 6.49% | 5.75% | 5.30% | 4.02% | 4.88% | 4.99% | 5.54% | 5.12% | 5.27% | 5.90% | 5.69% |
Drawdowns
LGD.TO vs. HYG - Drawdown Comparison
The maximum LGD.TO drawdown since its inception was -93.45%, which is greater than HYG's maximum drawdown of -34.24%. Use the drawdown chart below to compare losses from any high point for LGD.TO and HYG. For additional features, visit the drawdowns tool.
Volatility
LGD.TO vs. HYG - Volatility Comparison
Liberty Gold Corp. (LGD.TO) has a higher volatility of 19.75% compared to iShares iBoxx $ High Yield Corporate Bond ETF (HYG) at 0.92%. This indicates that LGD.TO'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.