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SHYL vs. IBHD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SHYL and IBHD is 0.72, 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.


-0.50.00.51.00.7

Performance

SHYL vs. IBHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers Short Duration High Yield Bond ETF (SHYL) and iShares iBonds 2024 Term High Yield & Income ETF (IBHD). The values are adjusted to include any dividend payments, if applicable.

0.00%1.00%2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
4.72%
2.97%
SHYL
IBHD

Key characteristics

Sharpe Ratio

SHYL:

2.02

IBHD:

4.06

Sortino Ratio

SHYL:

2.90

IBHD:

6.19

Omega Ratio

SHYL:

1.38

IBHD:

2.09

Calmar Ratio

SHYL:

4.09

IBHD:

11.85

Martin Ratio

SHYL:

15.47

IBHD:

76.11

Ulcer Index

SHYL:

0.47%

IBHD:

0.08%

Daily Std Dev

SHYL:

3.64%

IBHD:

1.50%

Max Drawdown

SHYL:

-19.26%

IBHD:

-20.11%

Current Drawdown

SHYL:

-1.63%

IBHD:

0.00%

Returns By Period

In the year-to-date period, SHYL achieves a 7.37% return, which is significantly higher than IBHD's 5.75% return.


SHYL

YTD

7.37%

1M

-0.87%

6M

4.71%

1Y

7.45%

5Y*

4.27%

10Y*

N/A

IBHD

YTD

5.75%

1M

0.26%

6M

2.92%

1Y

5.88%

5Y*

3.84%

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


SHYL vs. IBHD - Expense Ratio Comparison

SHYL has a 0.20% expense ratio, which is lower than IBHD's 0.35% expense ratio.


IBHD
iShares iBonds 2024 Term High Yield & Income ETF
Expense ratio chart for IBHD: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%
Expense ratio chart for SHYL: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%

Risk-Adjusted Performance

SHYL vs. IBHD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers Short Duration High Yield Bond ETF (SHYL) and iShares iBonds 2024 Term High Yield & Income ETF (IBHD). 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.


Sharpe ratio
The chart of Sharpe ratio for SHYL, currently valued at 2.02, compared to the broader market0.002.004.002.024.03
The chart of Sortino ratio for SHYL, currently valued at 2.90, compared to the broader market-2.000.002.004.006.008.0010.002.906.07
The chart of Omega ratio for SHYL, currently valued at 1.38, compared to the broader market0.501.001.502.002.503.001.382.08
The chart of Calmar ratio for SHYL, currently valued at 4.09, compared to the broader market0.005.0010.0015.004.0911.50
The chart of Martin ratio for SHYL, currently valued at 15.47, compared to the broader market0.0020.0040.0060.0080.00100.0015.4774.55
SHYL
IBHD

The current SHYL Sharpe Ratio is 2.02, which is lower than the IBHD Sharpe Ratio of 4.06. The chart below compares the historical Sharpe Ratios of SHYL and IBHD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio2.002.503.003.504.00JulyAugustSeptemberOctoberNovemberDecember
2.02
4.03
SHYL
IBHD

Dividends

SHYL vs. IBHD - Dividend Comparison

SHYL's dividend yield for the trailing twelve months is around 6.64%, more than IBHD's 5.53% yield.


TTM202320222021202020192018
SHYL
Xtrackers Short Duration High Yield Bond ETF
6.64%6.60%5.52%4.66%6.16%5.93%5.54%
IBHD
iShares iBonds 2024 Term High Yield & Income ETF
5.53%6.90%4.90%4.43%5.49%3.59%0.00%

Drawdowns

SHYL vs. IBHD - Drawdown Comparison

The maximum SHYL drawdown since its inception was -19.26%, roughly equal to the maximum IBHD drawdown of -20.11%. Use the drawdown chart below to compare losses from any high point for SHYL and IBHD. For additional features, visit the drawdowns tool.


-1.50%-1.00%-0.50%0.00%JulyAugustSeptemberOctoberNovemberDecember
-1.63%
0
SHYL
IBHD

Volatility

SHYL vs. IBHD - Volatility Comparison

Xtrackers Short Duration High Yield Bond ETF (SHYL) has a higher volatility of 1.43% compared to iShares iBonds 2024 Term High Yield & Income ETF (IBHD) at 0.19%. This indicates that SHYL's price experiences larger fluctuations and is considered to be riskier than IBHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.20%0.40%0.60%0.80%1.00%1.20%1.40%JulyAugustSeptemberOctoberNovemberDecember
1.43%
0.19%
SHYL
IBHD
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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