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PFFD vs. HYLB
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between PFFD and HYLB is 0.60, 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.


-0.50.00.51.00.6

Performance

PFFD vs. HYLB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X U.S. Preferred ETF (PFFD) and Xtrackers USD High Yield Corporate Bond ETF (HYLB). The values are adjusted to include any dividend payments, if applicable.

15.00%20.00%25.00%30.00%35.00%JulyAugustSeptemberOctoberNovemberDecember
19.79%
32.83%
PFFD
HYLB

Key characteristics

Sharpe Ratio

PFFD:

0.90

HYLB:

1.92

Sortino Ratio

PFFD:

1.28

HYLB:

2.76

Omega Ratio

PFFD:

1.16

HYLB:

1.35

Calmar Ratio

PFFD:

0.51

HYLB:

3.66

Martin Ratio

PFFD:

4.06

HYLB:

13.37

Ulcer Index

PFFD:

1.87%

HYLB:

0.62%

Daily Std Dev

PFFD:

8.37%

HYLB:

4.32%

Max Drawdown

PFFD:

-30.93%

HYLB:

-22.91%

Current Drawdown

PFFD:

-8.08%

HYLB:

-1.17%

Returns By Period

The year-to-date returns for both investments are quite close, with PFFD having a 7.88% return and HYLB slightly higher at 8.03%.


PFFD

YTD

7.88%

1M

-1.29%

6M

3.62%

1Y

7.24%

5Y*

1.09%

10Y*

N/A

HYLB

YTD

8.03%

1M

-0.17%

6M

5.22%

1Y

7.91%

5Y*

3.39%

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


PFFD vs. HYLB - Expense Ratio Comparison

PFFD has a 0.23% expense ratio, which is higher than HYLB's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


PFFD
Global X U.S. Preferred ETF
Expense ratio chart for PFFD: current value at 0.23% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.23%
Expense ratio chart for HYLB: current value at 0.15% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.15%

Risk-Adjusted Performance

PFFD vs. HYLB - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X U.S. Preferred ETF (PFFD) and Xtrackers USD High Yield Corporate Bond ETF (HYLB). 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.


Sharpe ratio
The chart of Sharpe ratio for PFFD, currently valued at 0.90, compared to the broader market0.002.004.000.901.92
The chart of Sortino ratio for PFFD, currently valued at 1.28, compared to the broader market-2.000.002.004.006.008.0010.001.282.76
The chart of Omega ratio for PFFD, currently valued at 1.16, compared to the broader market0.501.001.502.002.503.001.161.35
The chart of Calmar ratio for PFFD, currently valued at 0.51, compared to the broader market0.005.0010.0015.000.513.66
The chart of Martin ratio for PFFD, currently valued at 4.06, compared to the broader market0.0020.0040.0060.0080.00100.004.0613.37
PFFD
HYLB

The current PFFD Sharpe Ratio is 0.90, which is lower than the HYLB Sharpe Ratio of 1.92. The chart below compares the historical Sharpe Ratios of PFFD and HYLB, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
0.90
1.92
PFFD
HYLB

Dividends

PFFD vs. HYLB - Dividend Comparison

PFFD's dividend yield for the trailing twelve months is around 6.36%, more than HYLB's 5.68% yield.


TTM20232022202120202019201820172016
PFFD
Global X U.S. Preferred ETF
6.36%6.49%6.63%5.09%5.19%5.49%6.22%1.94%0.00%
HYLB
Xtrackers USD High Yield Corporate Bond ETF
5.68%5.85%5.53%4.45%5.23%5.71%5.95%5.84%0.27%

Drawdowns

PFFD vs. HYLB - Drawdown Comparison

The maximum PFFD drawdown since its inception was -30.93%, which is greater than HYLB's maximum drawdown of -22.91%. Use the drawdown chart below to compare losses from any high point for PFFD and HYLB. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-8.08%
-1.17%
PFFD
HYLB

Volatility

PFFD vs. HYLB - Volatility Comparison

Global X U.S. Preferred ETF (PFFD) has a higher volatility of 2.45% compared to Xtrackers USD High Yield Corporate Bond ETF (HYLB) at 1.47%. This indicates that PFFD's price experiences larger fluctuations and is considered to be riskier than HYLB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%1.50%2.00%2.50%3.00%JulyAugustSeptemberOctoberNovemberDecember
2.45%
1.47%
PFFD
HYLB
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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