PFXF vs. HYGV
Compare and contrast key facts about VanEck Vectors Preferred Securities ex Financials ETF (PFXF) and FlexShares High Yield Value-Scored US Bond Index Fund (HYGV).
PFXF and HYGV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PFXF is a passively managed fund by VanEck that tracks the performance of the Wells Fargo Hybrid and Preferred Securities ex Financials Index. It was launched on Jul 16, 2012. HYGV is a passively managed fund by Northern Trust that tracks the performance of the Northern Trust High Yield Value-Scored US Corporate Bond Index. It was launched on Jul 17, 2018. Both PFXF and HYGV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PFXF or HYGV.
Performance
PFXF vs. HYGV - Performance Comparison
Returns By Period
In the year-to-date period, PFXF achieves a 10.05% return, which is significantly higher than HYGV's 8.07% return.
PFXF
10.05%
-1.93%
6.23%
15.20%
4.03%
4.58%
HYGV
8.07%
0.39%
5.66%
13.01%
4.85%
N/A
Key characteristics
| PFXF | HYGV | |
|---|---|---|
| Sharpe Ratio | 1.81 | 2.95 |
| Sortino Ratio | 2.55 | 4.62 |
| Omega Ratio | 1.32 | 1.59 |
| Calmar Ratio | 1.07 | 1.98 |
| Martin Ratio | 9.27 | 22.04 |
| Ulcer Index | 1.65% | 0.59% |
| Daily Std Dev | 8.45% | 4.45% |
| Max Drawdown | -35.49% | -23.47% |
| Current Drawdown | -2.04% | -0.41% |
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PFXF vs. HYGV - Expense Ratio Comparison
PFXF has a 0.41% expense ratio, which is higher than HYGV's 0.37% expense ratio.
Correlation
The correlation between PFXF and HYGV is 0.64, 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.
Risk-Adjusted Performance
PFXF vs. HYGV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors Preferred Securities ex Financials ETF (PFXF) and FlexShares High Yield Value-Scored US Bond Index Fund (HYGV). 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
PFXF vs. HYGV - Dividend Comparison
PFXF's dividend yield for the trailing twelve months is around 6.91%, less than HYGV's 8.26% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PFXF VanEck Vectors Preferred Securities ex Financials ETF | 6.91% | 7.89% | 6.74% | 4.67% | 5.19% | 5.35% | 6.57% | 5.93% | 5.81% | 5.98% | 5.92% | 6.50% |
HYGV FlexShares High Yield Value-Scored US Bond Index Fund | 8.26% | 8.77% | 7.64% | 7.15% | 6.18% | 7.95% | 5.63% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PFXF vs. HYGV - Drawdown Comparison
The maximum PFXF drawdown since its inception was -35.49%, which is greater than HYGV's maximum drawdown of -23.47%. Use the drawdown chart below to compare losses from any high point for PFXF and HYGV. For additional features, visit the drawdowns tool.
Volatility
PFXF vs. HYGV - Volatility Comparison
VanEck Vectors Preferred Securities ex Financials ETF (PFXF) has a higher volatility of 2.88% compared to FlexShares High Yield Value-Scored US Bond Index Fund (HYGV) at 1.07%. This indicates that PFXF's price experiences larger fluctuations and is considered to be riskier than HYGV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.