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:
-0.17
HYG:
2.22
ROKU:
0.14
HYG:
3.22
ROKU:
1.02
HYG:
1.41
ROKU:
-0.11
HYG:
4.18
ROKU:
-0.30
HYG:
15.67
ROKU:
32.22%
HYG:
0.63%
ROKU:
56.16%
HYG:
4.42%
ROKU:
-91.91%
HYG:
-34.24%
ROKU:
-84.17%
HYG:
-0.04%
Returns By Period
In the year-to-date period, ROKU achieves a 2.09% return, which is significantly higher than HYG's 1.03% return.
ROKU
2.09%
-3.31%
21.33%
-9.72%
-10.28%
N/A
HYG
1.03%
1.75%
4.96%
9.40%
3.17%
4.11%
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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 6.42%.
| 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 | 6.42% | 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 13.81% compared to iShares iBoxx $ High Yield Corporate Bond ETF (HYG) at 1.83%. 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.