STYC.L vs. WIGG.L
STYC.L (PIMCO US Short-Term High Yield Corporate Bond Index UCITS ETF Acc) and WIGG.L (iShares Fallen Angels High Yield Corporate Bond UCITS ETF GBP Hedged (Dist)) are both High Yield Bonds funds - STYC.L tracks the Bloomberg US Corporate High Yield TR USD while WIGG.L tracks the ICE BofA Gbl HY Constnd TR HGBP. Both are passively managed. Over the past 5 years, STYC.L returned 5.21%/yr vs 1.64%/yr for WIGG.L. A 0.56 correlation means they provide meaningful diversification when combined. Both charge a 0.55% expense ratio.
Performance
STYC.L vs. WIGG.L - Performance Comparison
Loading charts...
Different Trading Currencies
STYC.L is traded in USD, while WIGG.L is traded in GBP. To make them comparable, the WIGG.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, STYC.L achieves a 1.41% return, which is significantly higher than WIGG.L's 1.22% return.
STYC.L
- 1D
- -0.02%
- 1M
- 0.42%
- YTD
- 1.41%
- 6M
- 1.99%
- 1Y
- 7.22%
- 3Y*
- 8.74%
- 5Y*
- 5.21%
- 10Y*
- 5.50%
WIGG.L
- 1D
- 0.18%
- 1M
- 0.04%
- YTD
- 1.22%
- 6M
- 2.46%
- 1Y
- 6.50%
- 3Y*
- 10.40%
- 5Y*
- 1.64%
- 10Y*
- —
STYC.L vs. WIGG.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
STYC.L PIMCO US Short-Term High Yield Corporate Bond Index UCITS ETF Acc | 1.41% | 9.13% | 8.08% | 11.66% | -4.84% | 4.37% | 3.84% | 10.02% | -1.35% |
WIGG.L iShares Fallen Angels High Yield Corporate Bond UCITS ETF GBP Hedged (Dist) | 1.22% | 17.03% | 3.05% | 16.87% | -22.21% | 3.11% | 16.69% | 19.16% | -13.71% |
Correlation
The correlation between STYC.L and WIGG.L is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.47 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.53 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.60 |
Correlation (All Time) Calculated using the full available price history since Apr 13, 2018 | 0.56 |
The correlation between STYC.L and WIGG.L shifts across timeframes, from 0.47 (1 year) to 0.60 (5 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
STYC.L vs. WIGG.L — Risk / Return Rank
STYC.L
WIGG.L
STYC.L vs. WIGG.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO US Short-Term High Yield Corporate Bond Index UCITS ETF Acc (STYC.L) and iShares Fallen Angels High Yield Corporate Bond UCITS ETF GBP Hedged (Dist) (WIGG.L). 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.
| STYC.L | WIGG.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.35 | ||
| Sortino ratioReturn per unit of downside risk | +2.07 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.14 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 4.27 | 0.92 | +3.35 |
| Martin ratioReturn relative to average drawdown | 16.96 | 2.73 | +14.23 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| STYC.L | WIGG.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.13 | 0.78 | +1.35 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.91 | 0.14 | +0.78 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.85 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.76 | 0.30 | +0.46 |
Drawdowns
STYC.L vs. WIGG.L - Drawdown Comparison
The maximum STYC.L drawdown since its inception was -21.57%, smaller than the maximum WIGG.L drawdown of -35.36%. Use the drawdown chart below to compare losses from any high point for STYC.L and WIGG.L.
Loading charts...
Drawdown Indicators
| STYC.L | WIGG.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.57% | -35.36% | +13.79% |
Max Drawdown (1Y)Largest decline over 1 year | -1.68% | -7.07% | +5.39% |
Max Drawdown (3Y)Largest decline over 3 years | -5.94% | -10.38% | +4.44% |
Max Drawdown (5Y)Largest decline over 5 years | -9.62% | -35.36% | +25.74% |
Max Drawdown (10Y)Largest decline over 10 years | -21.57% | — | — |
Current DrawdownCurrent decline from peak | -0.02% | -2.36% | +2.34% |
Average DrawdownAverage peak-to-trough decline | -1.67% | -9.05% | +7.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.42% | 2.37% | -1.95% |
Volatility
STYC.L vs. WIGG.L - Volatility Comparison
The current volatility for PIMCO US Short-Term High Yield Corporate Bond Index UCITS ETF Acc (STYC.L) is 1.41%, while iShares Fallen Angels High Yield Corporate Bond UCITS ETF GBP Hedged (Dist) (WIGG.L) has a volatility of 2.55%. This indicates that STYC.L experiences smaller price fluctuations and is considered to be less risky than WIGG.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| STYC.L | WIGG.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.41% | 2.55% | -1.14% |
Volatility (6M)Calculated over the trailing 6-month period | 2.69% | 6.12% | -3.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.39% | 8.34% | -4.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.70% | 12.05% | -6.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.49% | 13.15% | -6.66% |
STYC.L vs. WIGG.L - Expense Ratio Comparison
Both STYC.L and WIGG.L have an expense ratio of 0.55%.
Dividends
STYC.L vs. WIGG.L - Dividend Comparison
STYC.L has not paid dividends to shareholders, while WIGG.L's dividend yield for the trailing twelve months is around 6.92%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
STYC.L PIMCO US Short-Term High Yield Corporate Bond Index UCITS ETF Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
WIGG.L iShares Fallen Angels High Yield Corporate Bond UCITS ETF GBP Hedged (Dist) | 6.92% | 5.58% | 5.74% | 5.08% | 4.47% | 3.89% | 4.24% | 4.53% | 3.28% |
Frequently Asked Questions
STYC.L and WIGG.L have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.55% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
STYC.L and WIGG.L have the same expense ratio: 0.55% per year.
STYC.L tracks Bloomberg US Corporate High Yield TR USD, while WIGG.L tracks ICE BofA Gbl HY Constnd TR HGBP. They also come from different issuers: PIMCO and iShares.
Find the right allocation for STYC.L and WIGG.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer