PBH vs. HYG
PBH (Prestige Consumer Healthcare Inc.) is a stock, while HYG (iShares iBoxx $ High Yield Corporate Bond ETF) is High Yield Bonds fund tracking the Markit iBoxx USD Liquid High Yield Index. Over the past 10 years, PBH returned -1.42%/yr vs 5.00%/yr for HYG. At a 0.34 correlation, their price movements are largely independent.
Performance
PBH vs. HYG - Performance Comparison
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Returns By Period
In the year-to-date period, PBH achieves a -25.35% return, which is significantly lower than HYG's 1.56% return. Over the past 10 years, PBH has underperformed HYG with an annualized return of -1.42%, while HYG has yielded a comparatively higher 5.00% annualized return.
PBH
- 1D
- 1.30%
- 1M
- -4.06%
- YTD
- -25.35%
- 6M
- -26.10%
- 1Y
- -45.43%
- 3Y*
- -6.98%
- 5Y*
- -2.70%
- 10Y*
- -1.42%
HYG
- 1D
- -0.09%
- 1M
- 0.46%
- YTD
- 1.56%
- 6M
- 1.74%
- 1Y
- 5.93%
- 3Y*
- 8.75%
- 5Y*
- 3.68%
- 10Y*
- 5.00%
PBH vs. HYG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PBH Prestige Consumer Healthcare Inc. | -25.35% | -21.00% | 27.56% | -2.20% | 3.22% | 73.93% | -13.90% | 31.15% | -30.47% | -14.76% |
HYG iShares iBoxx $ High Yield Corporate Bond ETF | 1.56% | 8.59% | 7.97% | 11.54% | -10.98% | 3.76% | 4.47% | 14.09% | -2.02% | 6.07% |
Correlation
The correlation between PBH and HYG is 0.22, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.22 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Apr 11, 2007 | 0.34 |
The correlation between PBH and HYG shifts across timeframes, from 0.22 (1 year) to 0.34 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
PBH vs. HYG — Risk / Return Rank
PBH
HYG
PBH vs. HYG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Prestige Consumer Healthcare Inc. (PBH) 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.
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.
| PBH | HYG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.06 | ||
| Sortino ratioReturn per unit of downside risk | -4.51 | ||
| Omega ratioGain probability vs. loss probability | 0.71 | 1.29 | -0.58 |
| Calmar ratioReturn relative to maximum drawdown | -0.98 | 2.55 | -3.53 |
| Martin ratioReturn relative to average drawdown | -1.63 | 11.18 | -12.81 |
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Drawdowns
PBH vs. HYG - Drawdown Comparison
The maximum PBH drawdown since its inception was -80.60%, which is greater than HYG's maximum drawdown of -34.25%. Use the drawdown chart below to compare losses from any high point for PBH and HYG.
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Drawdown Indicators
| PBH | HYG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.60% | -34.25% | -46.35% |
Max Drawdown (1Y)Largest decline over 1 year | -46.33% | -2.34% | -43.99% |
Max Drawdown (3Y)Largest decline over 3 years | -49.00% | -4.56% | -44.44% |
Max Drawdown (5Y)Largest decline over 5 years | -49.00% | -15.79% | -33.21% |
Max Drawdown (10Y)Largest decline over 10 years | -53.75% | -22.03% | -31.72% |
Current DrawdownCurrent decline from peak | -48.31% | -0.21% | -48.10% |
Average DrawdownAverage peak-to-trough decline | -28.05% | -3.23% | -24.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 27.82% | 0.53% | +27.29% |
Volatility
PBH vs. HYG - Volatility Comparison
Prestige Consumer Healthcare Inc. (PBH) has a higher volatility of 9.14% compared to iShares iBoxx $ High Yield Corporate Bond ETF (HYG) at 1.13%. This indicates that PBH'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.
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Volatility by Period
| PBH | HYG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.14% | 1.13% | +8.01% |
Volatility (6M)Calculated over the trailing 6-month period | 25.12% | 3.11% | +22.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 30.03% | 3.88% | +26.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.16% | 7.54% | +18.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.47% | 8.27% | +21.20% |
Dividends
PBH vs. HYG - Dividend Comparison
PBH has not paid dividends to shareholders, while HYG's dividend yield for the trailing twelve months is around 5.91%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HYG iShares iBoxx $ High Yield Corporate Bond ETF | 5.91% | 5.71% | 6.01% | 5.74% | 5.30% | 4.02% | 4.88% | 4.99% | 5.54% | 5.12% | 5.27% | 5.90% |
PBH Prestige Consumer Healthcare Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
PBH and HYG have a correlation of 0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PBH has higher volatility (9.14%) compared to HYG (1.13%). In terms of maximum drawdown, PBH dropped -80.60% vs HYG's -34.25%.
HYG currently has the higher Sharpe Ratio (1.54 vs -1.52), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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