Correlation
The correlation between SHYPX and BHYIX is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
SHYPX vs. BHYIX
Compare and contrast key facts about American Beacon SiM High Yld Opps Fund (SHYPX) and BlackRock High Yield Bond Portfolio Institutional Shares (BHYIX).
SHYPX is managed by American Beacon. It was launched on Feb 14, 2011. BHYIX is managed by Blackrock. It was launched on Nov 19, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SHYPX or BHYIX.
Performance
SHYPX vs. BHYIX - Performance Comparison
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Key characteristics
SHYPX:
2.10
BHYIX:
2.31
SHYPX:
2.78
BHYIX:
3.26
SHYPX:
1.44
BHYIX:
1.54
SHYPX:
1.75
BHYIX:
2.27
SHYPX:
6.86
BHYIX:
10.22
SHYPX:
0.97%
BHYIX:
0.90%
SHYPX:
3.54%
BHYIX:
4.06%
SHYPX:
-24.85%
BHYIX:
-34.81%
SHYPX:
-1.24%
BHYIX:
-0.14%
Returns By Period
In the year-to-date period, SHYPX achieves a 0.91% return, which is significantly lower than BHYIX's 2.29% return. Over the past 10 years, SHYPX has outperformed BHYIX with an annualized return of 5.36%, while BHYIX has yielded a comparatively lower 4.96% annualized return.
SHYPX
0.91%
0.55%
1.03%
7.48%
7.07%
8.16%
5.36%
BHYIX
2.29%
1.28%
1.89%
9.33%
6.92%
6.10%
4.96%
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SHYPX vs. BHYIX - Expense Ratio Comparison
SHYPX has a 1.10% expense ratio, which is higher than BHYIX's 0.59% expense ratio.
Risk-Adjusted Performance
SHYPX vs. BHYIX — Risk-Adjusted Performance Rank
SHYPX
BHYIX
SHYPX vs. BHYIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Beacon SiM High Yld Opps Fund (SHYPX) and BlackRock High Yield Bond Portfolio Institutional Shares (BHYIX). 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
SHYPX vs. BHYIX - Dividend Comparison
SHYPX's dividend yield for the trailing twelve months is around 6.40%, less than BHYIX's 7.35% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SHYPX American Beacon SiM High Yld Opps Fund | 6.40% | 6.48% | 6.37% | 6.85% | 5.10% | 6.05% | 5.90% | 6.13% | 5.53% | 5.59% | 5.41% | 8.63% |
BHYIX BlackRock High Yield Bond Portfolio Institutional Shares | 7.35% | 7.43% | 6.68% | 5.86% | 5.10% | 5.12% | 5.68% | 6.34% | 5.81% | 5.98% | 6.34% | 7.75% |
Drawdowns
SHYPX vs. BHYIX - Drawdown Comparison
The maximum SHYPX drawdown since its inception was -24.85%, smaller than the maximum BHYIX drawdown of -34.81%. Use the drawdown chart below to compare losses from any high point for SHYPX and BHYIX.
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Volatility
SHYPX vs. BHYIX - Volatility Comparison
American Beacon SiM High Yld Opps Fund (SHYPX) and BlackRock High Yield Bond Portfolio Institutional Shares (BHYIX) have volatilities of 0.99% and 0.97%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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