PHIYX vs. USHY
Compare and contrast key facts about PIMCO High Yield Fund (PHIYX) and iShares Broad USD High Yield Corporate Bond ETF (USHY).
PHIYX is managed by PIMCO. It was launched on Dec 15, 1992. USHY is a passively managed fund by iShares that tracks the performance of the ICE BofA US High Yield Constrained. It was launched on Oct 25, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PHIYX or USHY.
Correlation
The correlation between PHIYX and USHY is 0.65, 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.
Performance
PHIYX vs. USHY - Performance Comparison
Key characteristics
PHIYX:
1.97
USHY:
1.77
PHIYX:
2.94
USHY:
2.43
PHIYX:
1.41
USHY:
1.33
PHIYX:
2.72
USHY:
3.35
PHIYX:
11.51
USHY:
13.11
PHIYX:
0.58%
USHY:
0.59%
PHIYX:
3.41%
USHY:
4.37%
PHIYX:
-32.73%
USHY:
-22.44%
PHIYX:
-1.35%
USHY:
-2.19%
Returns By Period
In the year-to-date period, PHIYX achieves a 5.51% return, which is significantly lower than USHY's 7.19% return.
PHIYX
5.51%
-0.62%
3.61%
6.46%
2.79%
4.07%
USHY
7.19%
-1.12%
3.97%
7.46%
3.73%
N/A
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PHIYX vs. USHY - Expense Ratio Comparison
PHIYX has a 0.56% expense ratio, which is higher than USHY's 0.15% expense ratio.
Risk-Adjusted Performance
PHIYX vs. USHY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO High Yield Fund (PHIYX) and iShares Broad USD High Yield Corporate Bond ETF (USHY). 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
PHIYX vs. USHY - Dividend Comparison
PHIYX's dividend yield for the trailing twelve months is around 5.61%, less than USHY's 6.32% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PHIYX PIMCO High Yield Fund | 5.61% | 5.62% | 5.42% | 4.53% | 4.56% | 5.04% | 5.63% | 5.12% | 5.38% | 6.16% | 6.58% | 5.94% |
USHY iShares Broad USD High Yield Corporate Bond ETF | 6.32% | 6.62% | 6.08% | 5.07% | 5.31% | 5.91% | 6.30% | 0.73% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PHIYX vs. USHY - Drawdown Comparison
The maximum PHIYX drawdown since its inception was -32.73%, which is greater than USHY's maximum drawdown of -22.44%. Use the drawdown chart below to compare losses from any high point for PHIYX and USHY. For additional features, visit the drawdowns tool.
Volatility
PHIYX vs. USHY - Volatility Comparison
The current volatility for PIMCO High Yield Fund (PHIYX) is 0.78%, while iShares Broad USD High Yield Corporate Bond ETF (USHY) has a volatility of 1.86%. This indicates that PHIYX experiences smaller price fluctuations and is considered to be less risky than USHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.