ROKU vs. HYG
Compare and contrast key facts about Roku, Inc. (ROKU) and iShares iBoxx $ High Yield Corporate Bond ETF (HYG).
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: ROKU or HYG.
Correlation
The correlation between ROKU and HYG is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
ROKU vs. HYG - Performance Comparison
Key characteristics
ROKU:
0.62
HYG:
2.33
ROKU:
1.19
HYG:
3.41
ROKU:
1.16
HYG:
1.44
ROKU:
0.36
HYG:
4.15
ROKU:
3.73
HYG:
16.10
ROKU:
8.61%
HYG:
0.61%
ROKU:
51.75%
HYG:
4.19%
ROKU:
-91.91%
HYG:
-34.24%
ROKU:
-81.47%
HYG:
-0.19%
Returns By Period
In the year-to-date period, ROKU achieves a 19.53% return, which is significantly higher than HYG's 1.73% return.
ROKU
19.53%
11.63%
28.51%
40.40%
-5.75%
N/A
HYG
1.73%
0.57%
3.26%
9.43%
3.23%
3.95%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
ROKU vs. HYG — Risk-Adjusted Performance Rank
ROKU
HYG
ROKU vs. HYG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Roku, Inc. (ROKU) 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
ROKU vs. HYG - Dividend Comparison
ROKU has not paid dividends to shareholders, while HYG's dividend yield for the trailing twelve months is around 6.38%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ROKU Roku, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HYG iShares iBoxx $ High Yield Corporate Bond ETF | 6.38% | 6.49% | 5.75% | 5.30% | 4.02% | 4.88% | 4.99% | 5.54% | 5.12% | 5.27% | 5.90% | 5.69% |
Drawdowns
ROKU vs. HYG - Drawdown Comparison
The maximum ROKU drawdown since its inception was -91.91%, which is greater than HYG's maximum drawdown of -34.24%. Use the drawdown chart below to compare losses from any high point for ROKU and HYG. For additional features, visit the drawdowns tool.
Volatility
ROKU vs. HYG - Volatility Comparison
Roku, Inc. (ROKU) has a higher volatility of 18.91% compared to iShares iBoxx $ High Yield Corporate Bond ETF (HYG) at 0.90%. This indicates that ROKU'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.