SHYU.L vs. JNK
Compare and contrast key facts about iShares $ High Yield Corp Bond UCITS ETF (SHYU.L) and SPDR Barclays High Yield Bond ETF (JNK).
SHYU.L and JNK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SHYU.L is a passively managed fund by iShares that tracks the performance of the Markit iBoxx USD Liquid High Yield Capped Index. It was launched on Sep 13, 2011. JNK is a passively managed fund by State Street that tracks the performance of the Barclays Capital High Yield Very Liquid Index. It was launched on Nov 28, 2007. Both SHYU.L and JNK 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: SHYU.L or JNK.
Key characteristics
| SHYU.L | JNK | |
|---|---|---|
| YTD Return | 4.29% | 7.30% |
| 1Y Return | 7.50% | 16.63% |
| 3Y Return (Ann) | 4.38% | 2.29% |
| 5Y Return (Ann) | 3.52% | 3.48% |
| 10Y Return (Ann) | 6.02% | 3.55% |
| Sharpe Ratio | 1.00 | 3.26 |
| Sortino Ratio | 1.50 | 5.27 |
| Omega Ratio | 1.21 | 1.66 |
| Calmar Ratio | 1.24 | 1.77 |
| Martin Ratio | 3.02 | 27.40 |
| Ulcer Index | 2.31% | 0.61% |
| Daily Std Dev | 6.99% | 5.11% |
| Max Drawdown | -15.01% | -38.48% |
| Current Drawdown | -1.30% | -0.61% |
Correlation
The correlation between SHYU.L and JNK is 0.53, 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.
Performance
SHYU.L vs. JNK - Performance Comparison
In the year-to-date period, SHYU.L achieves a 4.29% return, which is significantly lower than JNK's 7.30% return. Over the past 10 years, SHYU.L has outperformed JNK with an annualized return of 6.02%, while JNK has yielded a comparatively lower 3.55% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SHYU.L vs. JNK - Expense Ratio Comparison
SHYU.L has a 0.50% expense ratio, which is higher than JNK's 0.40% expense ratio.
Risk-Adjusted Performance
SHYU.L vs. JNK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares $ High Yield Corp Bond UCITS ETF (SHYU.L) and SPDR Barclays High Yield Bond ETF (JNK). 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
SHYU.L vs. JNK - Dividend Comparison
SHYU.L's dividend yield for the trailing twelve months is around 6.11%, less than JNK's 6.51% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SHYU.L iShares $ High Yield Corp Bond UCITS ETF | 6.11% | 5.76% | 4.82% | 4.27% | 5.16% | 5.58% | 5.52% | 5.74% | 5.16% | 5.87% | 5.56% | 6.09% |
JNK SPDR Barclays High Yield Bond ETF | 6.51% | 6.38% | 6.06% | 4.27% | 5.11% | 5.44% | 5.90% | 5.60% | 6.06% | 6.59% | 5.99% | 6.05% |
Drawdowns
SHYU.L vs. JNK - Drawdown Comparison
The maximum SHYU.L drawdown since its inception was -15.01%, smaller than the maximum JNK drawdown of -38.48%. Use the drawdown chart below to compare losses from any high point for SHYU.L and JNK. For additional features, visit the drawdowns tool.
Volatility
SHYU.L vs. JNK - Volatility Comparison
iShares $ High Yield Corp Bond UCITS ETF (SHYU.L) and SPDR Barclays High Yield Bond ETF (JNK) have volatilities of 1.10% and 1.06%, 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.