SHRY vs. SYLD
Compare and contrast key facts about First Trust Bloomberg Shareholder Yield ETF (SHRY) and Cambria Shareholder Yield ETF (SYLD).
SHRY and SYLD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SHRY is a passively managed fund by First Trust that tracks the performance of the Bloomberg Shareholder Yield Index - Benchmark TR Gross. It was launched on Jun 20, 2017. SYLD is an actively managed fund by Cambria. It was launched on May 14, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SHRY or SYLD.
Correlation
The correlation between SHRY and SYLD is 0.78, 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
SHRY vs. SYLD - Performance Comparison
Key characteristics
SHRY:
1.69
SYLD:
0.37
SHRY:
2.41
SYLD:
0.63
SHRY:
1.29
SYLD:
1.07
SHRY:
2.22
SYLD:
0.50
SHRY:
6.64
SYLD:
1.14
SHRY:
2.71%
SYLD:
5.02%
SHRY:
10.49%
SYLD:
15.54%
SHRY:
-36.67%
SYLD:
-45.36%
SHRY:
-3.84%
SYLD:
-8.55%
Returns By Period
In the year-to-date period, SHRY achieves a 3.20% return, which is significantly higher than SYLD's 1.55% return.
SHRY
3.20%
0.43%
3.61%
17.53%
11.85%
N/A
SYLD
1.55%
-1.75%
-0.14%
4.18%
14.58%
10.76%
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SHRY vs. SYLD - Expense Ratio Comparison
SHRY has a 0.60% expense ratio, which is higher than SYLD's 0.59% expense ratio.
Risk-Adjusted Performance
SHRY vs. SYLD — Risk-Adjusted Performance Rank
SHRY
SYLD
SHRY vs. SYLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Bloomberg Shareholder Yield ETF (SHRY) and Cambria Shareholder Yield ETF (SYLD). 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
SHRY vs. SYLD - Dividend Comparison
SHRY's dividend yield for the trailing twelve months is around 1.70%, less than SYLD's 2.01% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SHRY First Trust Bloomberg Shareholder Yield ETF | 1.70% | 1.76% | 1.49% | 1.52% | 0.98% | 1.65% | 1.54% | 1.89% | 0.55% | 0.00% | 0.00% | 0.00% |
SYLD Cambria Shareholder Yield ETF | 2.01% | 2.04% | 1.92% | 2.20% | 2.22% | 2.00% | 2.07% | 2.52% | 1.48% | 1.92% | 6.45% | 3.89% |
Drawdowns
SHRY vs. SYLD - Drawdown Comparison
The maximum SHRY drawdown since its inception was -36.67%, smaller than the maximum SYLD drawdown of -45.36%. Use the drawdown chart below to compare losses from any high point for SHRY and SYLD. For additional features, visit the drawdowns tool.
Volatility
SHRY vs. SYLD - Volatility Comparison
The current volatility for First Trust Bloomberg Shareholder Yield ETF (SHRY) is 2.77%, while Cambria Shareholder Yield ETF (SYLD) has a volatility of 3.52%. This indicates that SHRY experiences smaller price fluctuations and is considered to be less risky than SYLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.