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.
Key characteristics
| ROKU | HYG | |
|---|---|---|
| YTD Return | -37.09% | 0.15% |
| 1Y Return | 1.73% | 7.96% |
| 3Y Return (Ann) | -44.90% | 0.64% |
| 5Y Return (Ann) | -2.19% | 2.57% |
| Sharpe Ratio | 0.04 | 1.21 |
| Daily Std Dev | 69.74% | 6.18% |
| Max Drawdown | -91.91% | -34.24% |
| Current Drawdown | -87.97% | -1.56% |
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
In the year-to-date period, ROKU achieves a -37.09% return, which is significantly lower than HYG's 0.15% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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 5.47%.
| 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 | 5.47% | 5.74% | 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 15.88% compared to iShares iBoxx $ High Yield Corporate Bond ETF (HYG) at 1.68%. 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.