LONZ vs. HYS
Compare and contrast key facts about PIMCO Senior Loan Active Exchange-Traded Fund (LONZ) and PIMCO 0-5 Year High Yield Corporate Bond Index ETF (HYS).
LONZ and HYS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LONZ is an actively managed fund by PIMCO. It was launched on Jun 8, 2022. HYS is a passively managed fund by PIMCO that tracks the performance of the ICE BofA US High Yield Constrained (0-5 Y). It was launched on Jun 16, 2011.
Performance
LONZ vs. HYS - Performance Comparison
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LONZ vs. HYS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
LONZ PIMCO Senior Loan Active Exchange-Traded Fund | -0.27% | 5.05% | 9.85% | 12.56% | 0.80% |
HYS PIMCO 0-5 Year High Yield Corporate Bond Index ETF | -0.39% | 8.80% | 8.42% | 11.38% | 0.46% |
Returns By Period
In the year-to-date period, LONZ achieves a -0.27% return, which is significantly higher than HYS's -0.39% return.
LONZ
- 1D
- 0.47%
- 1M
- 1.00%
- YTD
- -0.27%
- 6M
- 0.65%
- 1Y
- 5.23%
- 3Y*
- 8.01%
- 5Y*
- —
- 10Y*
- —
HYS
- 1D
- 0.70%
- 1M
- -0.57%
- YTD
- -0.39%
- 6M
- 1.22%
- 1Y
- 7.13%
- 3Y*
- 8.21%
- 5Y*
- 4.94%
- 10Y*
- 5.62%
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LONZ vs. HYS - Expense Ratio Comparison
LONZ has a 0.62% expense ratio, which is higher than HYS's 0.56% expense ratio.
Return for Risk
LONZ vs. HYS — Risk / Return Rank
LONZ
HYS
LONZ vs. HYS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO Senior Loan Active Exchange-Traded Fund (LONZ) and PIMCO 0-5 Year High Yield Corporate Bond Index ETF (HYS). 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.
| LONZ | HYS | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.32 | 1.33 | -0.01 |
Sortino ratioReturn per unit of downside risk | 1.55 | 1.93 | -0.38 |
Omega ratioGain probability vs. loss probability | 1.43 | 1.32 | +0.11 |
Calmar ratioReturn relative to maximum drawdown | 1.48 | 1.78 | -0.30 |
Martin ratioReturn relative to average drawdown | 8.06 | 9.95 | -1.89 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| LONZ | HYS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.32 | 1.33 | -0.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.80 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.82 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 2.24 | 0.80 | +1.44 |
Correlation
The correlation between LONZ and HYS is 0.42, 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.
Dividends
LONZ vs. HYS - Dividend Comparison
LONZ's dividend yield for the trailing twelve months is around 7.27%, less than HYS's 7.40% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LONZ PIMCO Senior Loan Active Exchange-Traded Fund | 7.27% | 6.60% | 8.16% | 8.29% | 3.33% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HYS PIMCO 0-5 Year High Yield Corporate Bond Index ETF | 7.40% | 7.20% | 7.43% | 6.44% | 5.01% | 3.74% | 4.52% | 4.98% | 4.64% | 5.01% | 5.13% | 5.22% |
Drawdowns
LONZ vs. HYS - Drawdown Comparison
The maximum LONZ drawdown since its inception was -4.19%, smaller than the maximum HYS drawdown of -20.91%. Use the drawdown chart below to compare losses from any high point for LONZ and HYS.
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Drawdown Indicators
| LONZ | HYS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.19% | -20.91% | +16.72% |
Max Drawdown (1Y)Largest decline over 1 year | -3.44% | -4.06% | +0.62% |
Max Drawdown (5Y)Largest decline over 5 years | — | -10.61% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -20.91% | — |
Current DrawdownCurrent decline from peak | -1.05% | -1.02% | -0.03% |
Average DrawdownAverage peak-to-trough decline | -0.48% | -1.55% | +1.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.63% | 0.73% | -0.10% |
Volatility
LONZ vs. HYS - Volatility Comparison
The current volatility for PIMCO Senior Loan Active Exchange-Traded Fund (LONZ) is 1.22%, while PIMCO 0-5 Year High Yield Corporate Bond Index ETF (HYS) has a volatility of 1.88%. This indicates that LONZ experiences smaller price fluctuations and is considered to be less risky than HYS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LONZ | HYS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.22% | 1.88% | -0.66% |
Volatility (6M)Calculated over the trailing 6-month period | 1.99% | 2.52% | -0.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.98% | 5.38% | -1.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.26% | 6.22% | -2.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.26% | 6.85% | -3.59% |