TDTF vs. HYG
Compare and contrast key facts about FlexShares iBoxx 5-Year Target Duration TIPS Index Fund (TDTF) and iShares iBoxx $ High Yield Corporate Bond ETF (HYG).
TDTF and HYG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TDTF is a passively managed fund by Northern Trust that tracks the performance of the iBoxx 5-Year Target Duration TIPS. It was launched on Sep 19, 2011. HYG is a passively managed fund by iShares that tracks the performance of the iBoxx $ Liquid High Yield Index. It was launched on Apr 11, 2007. Both TDTF and HYG 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: TDTF or HYG.
Correlation
The correlation between TDTF and HYG is 0.40, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
TDTF vs. HYG - Performance Comparison
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Key characteristics
TDTF:
4.15%
HYG:
1.22%
TDTF:
-0.33%
HYG:
-0.08%
TDTF:
-0.29%
HYG:
0.00%
Returns By Period
TDTF
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HYG
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TDTF vs. HYG - Expense Ratio Comparison
TDTF has a 0.18% expense ratio, which is lower than HYG's 0.49% expense ratio.
Risk-Adjusted Performance
TDTF vs. HYG — Risk-Adjusted Performance Rank
TDTF
HYG
TDTF vs. HYG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FlexShares iBoxx 5-Year Target Duration TIPS Index Fund (TDTF) and iShares iBoxx $ High Yield Corporate Bond ETF (HYG). 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
TDTF vs. HYG - Dividend Comparison
TDTF's dividend yield for the trailing twelve months is around 4.20%, less than HYG's 5.89% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TDTF FlexShares iBoxx 5-Year Target Duration TIPS Index Fund | 4.20% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HYG iShares iBoxx $ High Yield Corporate Bond ETF | 5.89% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
TDTF vs. HYG - Drawdown Comparison
The maximum TDTF drawdown since its inception was -0.33%, which is greater than HYG's maximum drawdown of -0.08%. Use the drawdown chart below to compare losses from any high point for TDTF and HYG. For additional features, visit the drawdowns tool.
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Volatility
TDTF vs. HYG - Volatility Comparison
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