SHYL vs. BND
Compare and contrast key facts about Xtrackers Short Duration High Yield Bond ETF (SHYL) and Vanguard Total Bond Market ETF (BND).
SHYL and BND are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SHYL is a passively managed fund by Deutsche Bank that tracks the performance of the Solactive USD High Yield Corporates Total Market 0-5 Year Index. It was launched on Jan 10, 2018. BND is a passively managed fund by Vanguard that tracks the performance of the Barclays Capital U.S. Aggregate Bond Index. It was launched on Apr 3, 2007. Both SHYL and BND are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SHYL or BND.
Performance
SHYL vs. BND - Performance Comparison
Returns By Period
In the year-to-date period, SHYL achieves a 8.46% return, which is significantly higher than BND's 1.66% return.
SHYL
8.46%
0.86%
6.94%
12.22%
4.88%
N/A
BND
1.66%
-0.79%
3.22%
6.06%
-0.33%
1.39%
Key characteristics
| SHYL | BND | |
|---|---|---|
| Sharpe Ratio | 3.38 | 1.09 |
| Sortino Ratio | 5.41 | 1.59 |
| Omega Ratio | 1.68 | 1.19 |
| Calmar Ratio | 6.91 | 0.42 |
| Martin Ratio | 27.86 | 3.51 |
| Ulcer Index | 0.44% | 1.75% |
| Daily Std Dev | 3.67% | 5.65% |
| Max Drawdown | -19.26% | -18.84% |
| Current Drawdown | -0.15% | -9.11% |
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SHYL vs. BND - Expense Ratio Comparison
SHYL has a 0.20% expense ratio, which is higher than BND's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Correlation
The correlation between SHYL and BND is 0.29, 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
SHYL vs. BND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Short Duration High Yield Bond ETF (SHYL) and Vanguard Total Bond Market ETF (BND). 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
SHYL vs. BND - Dividend Comparison
SHYL's dividend yield for the trailing twelve months is around 7.16%, more than BND's 3.57% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SHYL Xtrackers Short Duration High Yield Bond ETF | 7.16% | 6.60% | 5.52% | 4.66% | 6.16% | 5.93% | 5.54% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BND Vanguard Total Bond Market ETF | 3.57% | 3.09% | 2.60% | 1.97% | 2.22% | 2.72% | 2.81% | 2.54% | 2.51% | 2.57% | 2.79% | 2.78% |
Drawdowns
SHYL vs. BND - Drawdown Comparison
The maximum SHYL drawdown since its inception was -19.26%, roughly equal to the maximum BND drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for SHYL and BND. For additional features, visit the drawdowns tool.
Volatility
SHYL vs. BND - Volatility Comparison
The current volatility for Xtrackers Short Duration High Yield Bond ETF (SHYL) is 0.81%, while Vanguard Total Bond Market ETF (BND) has a volatility of 1.52%. This indicates that SHYL experiences smaller price fluctuations and is considered to be less risky than BND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.