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.
Performance
ROKU vs. HYG - Performance Comparison
Returns By Period
In the year-to-date period, ROKU achieves a -24.86% return, which is significantly lower than HYG's 8.45% return.
ROKU
-24.86%
-11.20%
12.09%
-23.05%
-15.25%
N/A
HYG
8.45%
-0.03%
6.29%
13.32%
3.69%
3.93%
Key characteristics
| ROKU | HYG | |
|---|---|---|
| Sharpe Ratio | -0.45 | 2.92 |
| Sortino Ratio | -0.29 | 4.55 |
| Omega Ratio | 0.96 | 1.57 |
| Calmar Ratio | -0.27 | 2.59 |
| Martin Ratio | -0.68 | 21.95 |
| Ulcer Index | 35.71% | 0.62% |
| Daily Std Dev | 54.17% | 4.66% |
| Max Drawdown | -91.91% | -34.24% |
| Current Drawdown | -85.64% | -0.53% |
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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.
Risk-Adjusted Performance
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 5.89%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 5.89% | 5.75% | 5.30% | 4.02% | 4.88% | 4.99% | 5.54% | 5.12% | 5.27% | 5.90% | 5.69% | 6.10% |
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 23.34% compared to iShares iBoxx $ High Yield Corporate Bond ETF (HYG) at 1.12%. 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.