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 0.73, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
RFDA vs. HYG - Performance Comparison
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Key characteristics
RFDA:
0.47
HYG:
1.65
RFDA:
0.85
HYG:
2.42
RFDA:
1.12
HYG:
1.35
RFDA:
0.52
HYG:
2.03
RFDA:
1.85
HYG:
10.73
RFDA:
5.43%
HYG:
0.86%
RFDA:
19.48%
HYG:
5.73%
RFDA:
-34.61%
HYG:
-34.24%
RFDA:
-6.40%
HYG:
0.00%
Returns By Period
In the year-to-date period, RFDA achieves a -1.95% return, which is significantly lower than HYG's 2.82% return.
RFDA
-1.95%
9.00%
-5.31%
9.12%
15.92%
N/A
HYG
2.82%
3.91%
2.44%
9.40%
5.54%
3.99%
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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.
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Dividends
RFDA vs. HYG - Dividend Comparison
RFDA's dividend yield for the trailing twelve months is around 2.41%, less than HYG's 5.83% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RFDA RiverFront Dynamic US Dividend Advantage ETF | 2.41% | 2.23% | 2.68% | 3.57% | 1.44% | 1.48% | 1.87% | 2.44% | 1.90% | 0.98% | 0.00% | 0.00% |
HYG iShares iBoxx $ High Yield Corporate Bond ETF | 5.83% | 6.01% | 5.74% | 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.
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Volatility
RFDA vs. HYG - Volatility Comparison
RiverFront Dynamic US Dividend Advantage ETF (RFDA) has a higher volatility of 5.78% compared to iShares iBoxx $ High Yield Corporate Bond ETF (HYG) at 1.76%. 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.
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