RFDA vs. HYG
Compare and contrast key facts about RiverFront Dynamic US Dividend Advantage ETF (RFDA) and iShares iBoxx $ High Yield Corporate Bond ETF (HYG).
RFDA and HYG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. RFDA is an actively managed fund by SS&C. It was launched on Jun 7, 2016. HYG is a passively managed fund by iShares that tracks the performance of the iBoxx $ Liquid High Yield Index. It was launched on Apr 11, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RFDA or HYG.
Correlation
The correlation between RFDA and HYG is 0.67, 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
RFDA vs. HYG - Performance Comparison
Key characteristics
RFDA:
1.51
HYG:
2.43
RFDA:
2.09
HYG:
3.57
RFDA:
1.28
HYG:
1.46
RFDA:
2.31
HYG:
4.34
RFDA:
8.25
HYG:
16.82
RFDA:
2.46%
HYG:
0.61%
RFDA:
13.42%
HYG:
4.19%
RFDA:
-34.61%
HYG:
-34.24%
RFDA:
-3.06%
HYG:
0.00%
Returns By Period
In the year-to-date period, RFDA achieves a 1.55% return, which is significantly lower than HYG's 1.92% return.
RFDA
1.55%
-0.37%
7.05%
20.62%
12.29%
N/A
HYG
1.92%
0.62%
4.00%
10.16%
3.28%
3.98%
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RFDA vs. HYG - Expense Ratio Comparison
RFDA has a 0.52% expense ratio, which is higher than HYG's 0.49% expense ratio.
Risk-Adjusted Performance
RFDA vs. HYG — Risk-Adjusted Performance Rank
RFDA
HYG
RFDA vs. HYG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for RiverFront Dynamic US Dividend Advantage ETF (RFDA) 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.
Dividends
RFDA vs. HYG - Dividend Comparison
RFDA's dividend yield for the trailing twelve months is around 2.34%, less than HYG's 6.36% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RFDA RiverFront Dynamic US Dividend Advantage ETF | 2.22% | 2.23% | 2.68% | 3.57% | 1.44% | 1.49% | 1.87% | 2.44% | 1.90% | 0.98% | 0.00% | 0.00% |
HYG iShares iBoxx $ High Yield Corporate Bond ETF | 6.36% | 6.49% | 5.75% | 5.30% | 4.02% | 4.88% | 4.99% | 5.54% | 5.12% | 5.27% | 5.90% | 5.69% |
Drawdowns
RFDA vs. HYG - Drawdown Comparison
The maximum RFDA drawdown since its inception was -34.61%, roughly equal to the maximum HYG drawdown of -34.24%. Use the drawdown chart below to compare losses from any high point for RFDA and HYG. For additional features, visit the drawdowns tool.
Volatility
RFDA vs. HYG - Volatility Comparison
RiverFront Dynamic US Dividend Advantage ETF (RFDA) has a higher volatility of 3.77% compared to iShares iBoxx $ High Yield Corporate Bond ETF (HYG) at 0.88%. This indicates that RFDA'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.