Correlation
The correlation between SHYF and SHY is -0.21. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
SHYF vs. SHY
Compare and contrast key facts about The Shyft Group, Inc. (SHYF) and iShares 1-3 Year Treasury Bond ETF (SHY).
SHY is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. 1-3 Year Treasury Bond Index. It was launched on Jul 22, 2002.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SHYF or SHY.
Performance
SHYF vs. SHY - Performance Comparison
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Key characteristics
SHYF:
-0.25
SHY:
3.31
SHYF:
0.16
SHY:
5.78
SHYF:
1.02
SHY:
1.76
SHYF:
-0.16
SHY:
5.91
SHYF:
-0.45
SHY:
15.79
SHYF:
30.40%
SHY:
0.36%
SHYF:
66.49%
SHY:
1.67%
SHYF:
-94.35%
SHY:
-5.73%
SHYF:
-79.96%
SHY:
-0.34%
Returns By Period
In the year-to-date period, SHYF achieves a -10.52% return, which is significantly lower than SHY's 2.04% return. Over the past 10 years, SHYF has outperformed SHY with an annualized return of 9.21%, while SHY has yielded a comparatively lower 1.42% annualized return.
SHYF
-10.52%
14.13%
-21.49%
-16.48%
-22.61%
-8.19%
9.21%
SHY
2.04%
0.06%
2.30%
5.46%
2.92%
1.10%
1.42%
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Risk-Adjusted Performance
SHYF vs. SHY — Risk-Adjusted Performance Rank
SHYF
SHY
SHYF vs. SHY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for The Shyft Group, Inc. (SHYF) and iShares 1-3 Year Treasury Bond ETF (SHY). 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.
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Dividends
SHYF vs. SHY - Dividend Comparison
SHYF's dividend yield for the trailing twelve months is around 1.92%, less than SHY's 4.29% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SHYF The Shyft Group, Inc. | 1.92% | 1.70% | 1.64% | 0.80% | 0.20% | 0.35% | 0.55% | 1.38% | 0.63% | 1.08% | 3.22% | 1.90% |
SHY iShares 1-3 Year Treasury Bond ETF | 4.29% | 3.92% | 2.99% | 1.30% | 0.24% | 0.94% | 2.12% | 1.72% | 0.98% | 0.71% | 0.54% | 0.36% |
Drawdowns
SHYF vs. SHY - Drawdown Comparison
The maximum SHYF drawdown since its inception was -94.35%, which is greater than SHY's maximum drawdown of -5.73%. Use the drawdown chart below to compare losses from any high point for SHYF and SHY.
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Volatility
SHYF vs. SHY - Volatility Comparison
The Shyft Group, Inc. (SHYF) has a higher volatility of 13.18% compared to iShares 1-3 Year Treasury Bond ETF (SHY) at 0.48%. This indicates that SHYF's price experiences larger fluctuations and is considered to be riskier than SHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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