SHYTX vs. BATEX
Compare and contrast key facts about DWS Strategic High Yield Tax (SHYTX) and BlackRock Allocation Target Shares Series E Portfolio (BATEX).
SHYTX is managed by DWS. It was launched on Jan 21, 1987. BATEX is managed by BlackRock. It was launched on Aug 3, 2014.
Performance
SHYTX vs. BATEX - Performance Comparison
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SHYTX vs. BATEX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SHYTX DWS Strategic High Yield Tax | -0.53% | 4.05% | 5.47% | 7.64% | -17.22% | 5.44% | 5.04% | 9.64% | -0.46% | 5.99% |
BATEX BlackRock Allocation Target Shares Series E Portfolio | -0.89% | 3.22% | 4.74% | 6.45% | -14.23% | 8.28% | 5.77% | 10.92% | 1.75% | 8.76% |
Returns By Period
In the year-to-date period, SHYTX achieves a -0.53% return, which is significantly higher than BATEX's -0.89% return. Over the past 10 years, SHYTX has underperformed BATEX with an annualized return of 2.15%, while BATEX has yielded a comparatively higher 2.94% annualized return.
SHYTX
- 1D
- 0.19%
- 1M
- -2.53%
- YTD
- -0.53%
- 6M
- 1.41%
- 1Y
- 3.78%
- 3Y*
- 4.44%
- 5Y*
- 0.37%
- 10Y*
- 2.15%
BATEX
- 1D
- 0.20%
- 1M
- -2.94%
- YTD
- -0.89%
- 6M
- 0.45%
- 1Y
- 1.72%
- 3Y*
- 3.51%
- 5Y*
- 0.72%
- 10Y*
- 2.94%
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SHYTX vs. BATEX - Expense Ratio Comparison
SHYTX has a 0.59% expense ratio, which is higher than BATEX's 0.11% expense ratio.
Return for Risk
SHYTX vs. BATEX — Risk / Return Rank
SHYTX
BATEX
SHYTX vs. BATEX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for DWS Strategic High Yield Tax (SHYTX) and BlackRock Allocation Target Shares Series E Portfolio (BATEX). 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.
| SHYTX | BATEX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.67 | 0.33 | +0.33 |
Sortino ratioReturn per unit of downside risk | 0.91 | 0.49 | +0.42 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.11 | +0.07 |
Calmar ratioReturn relative to maximum drawdown | 0.66 | 0.39 | +0.27 |
Martin ratioReturn relative to average drawdown | 2.01 | 0.98 | +1.03 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SHYTX | BATEX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.67 | 0.33 | +0.33 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.07 | 0.13 | -0.05 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.43 | 0.50 | -0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.23 | 0.58 | +0.65 |
Correlation
The correlation between SHYTX and BATEX is 0.77, 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.
Dividends
SHYTX vs. BATEX - Dividend Comparison
SHYTX's dividend yield for the trailing twelve months is around 5.52%, more than BATEX's 4.73% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SHYTX DWS Strategic High Yield Tax | 5.52% | 5.59% | 4.01% | 3.14% | 2.90% | 2.88% | 4.44% | 4.87% | 4.35% | 3.49% | 4.29% | 4.79% |
BATEX BlackRock Allocation Target Shares Series E Portfolio | 4.73% | 5.01% | 3.74% | 2.98% | 5.41% | 3.29% | 3.50% | 3.80% | 4.75% | 2.88% | 0.98% | 0.13% |
Drawdowns
SHYTX vs. BATEX - Drawdown Comparison
The maximum SHYTX drawdown since its inception was -27.17%, which is greater than BATEX's maximum drawdown of -19.90%. Use the drawdown chart below to compare losses from any high point for SHYTX and BATEX.
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Drawdown Indicators
| SHYTX | BATEX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.17% | -19.90% | -7.27% |
Max Drawdown (1Y)Largest decline over 1 year | -5.90% | -7.14% | +1.24% |
Max Drawdown (5Y)Largest decline over 5 years | -22.59% | -19.90% | -2.69% |
Max Drawdown (10Y)Largest decline over 10 years | -22.59% | -19.90% | -2.69% |
Current DrawdownCurrent decline from peak | -3.06% | -2.94% | -0.12% |
Average DrawdownAverage peak-to-trough decline | -2.76% | -4.08% | +1.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.93% | 2.80% | -0.87% |
Volatility
SHYTX vs. BATEX - Volatility Comparison
DWS Strategic High Yield Tax (SHYTX) has a higher volatility of 1.40% compared to BlackRock Allocation Target Shares Series E Portfolio (BATEX) at 1.31%. This indicates that SHYTX's price experiences larger fluctuations and is considered to be riskier than BATEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SHYTX | BATEX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.40% | 1.31% | +0.09% |
Volatility (6M)Calculated over the trailing 6-month period | 2.16% | 2.29% | -0.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.04% | 7.69% | -1.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.18% | 5.73% | -0.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.00% | 5.87% | -0.87% |