THY vs. EUHY
THY (Agility Shares Dynamic Tactical Income ETF) and EUHY (iShares Euro High Yield Corporate Bond USD Hedged ETF) are both High Yield Bonds funds. THY is actively managed, while EUHY is passively managed. Over the past 5 years, THY returned 1.71%/yr vs 1.94%/yr for EUHY. At a 0.43 correlation, their price movements are largely independent. THY charges 1.36%/yr vs 0.35%/yr for EUHY.
Performance
THY vs. EUHY - Performance Comparison
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Returns By Period
In the year-to-date period, THY achieves a 0.45% return, which is significantly lower than EUHY's 1.93% return.
THY
- 1D
- -0.26%
- 1M
- -0.43%
- YTD
- 0.45%
- 6M
- 0.64%
- 1Y
- 4.31%
- 3Y*
- 5.21%
- 5Y*
- 1.71%
- 10Y*
- —
EUHY
- 1D
- -0.14%
- 1M
- 1.00%
- YTD
- 1.93%
- 6M
- 2.44%
- 1Y
- 6.03%
- 3Y*
- 9.87%
- 5Y*
- 1.94%
- 10Y*
- 3.65%
THY vs. EUHY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
THY Agility Shares Dynamic Tactical Income ETF | 0.45% | 4.44% | 5.38% | 4.97% | -5.62% | -0.46% | 4.04% |
EUHY iShares Euro High Yield Corporate Bond USD Hedged ETF | 1.93% | 17.41% | -0.55% | 16.06% | -15.59% | -3.78% | 16.87% |
Correlation
The correlation between THY and EUHY is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.48 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Jun 26, 2020 | 0.43 |
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Return for Risk
THY vs. EUHY — Risk / Return Rank
THY
EUHY
THY vs. EUHY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Agility Shares Dynamic Tactical Income ETF (THY) and iShares Euro High Yield Corporate Bond USD Hedged ETF (EUHY). 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.
| THY | EUHY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.36 | ||
| Sortino ratioReturn per unit of downside risk | +0.59 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.21 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.70 | 1.73 | +0.97 |
| Martin ratioReturn relative to average drawdown | 6.56 | 4.14 | +2.43 |
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
| THY | EUHY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.46 | 1.10 | +0.36 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.38 | 0.20 | +0.18 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.35 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 0.34 | +0.14 |
Drawdowns
THY vs. EUHY - Drawdown Comparison
The maximum THY drawdown since its inception was -8.56%, smaller than the maximum EUHY drawdown of -32.45%. Use the drawdown chart below to compare losses from any high point for THY and EUHY.
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Drawdown Indicators
| THY | EUHY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.56% | -32.45% | +23.89% |
Max Drawdown (1Y)Largest decline over 1 year | -1.60% | -3.50% | +1.90% |
Max Drawdown (3Y)Largest decline over 3 years | -2.74% | -8.23% | +5.49% |
Max Drawdown (5Y)Largest decline over 5 years | -8.56% | -32.45% | +23.89% |
Max Drawdown (10Y)Largest decline over 10 years | — | -32.45% | — |
Current DrawdownCurrent decline from peak | -0.83% | -0.15% | -0.68% |
Average DrawdownAverage peak-to-trough decline | -2.61% | -8.59% | +5.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.66% | 1.46% | -0.80% |
Volatility
THY vs. EUHY - Volatility Comparison
The current volatility for Agility Shares Dynamic Tactical Income ETF (THY) is 0.93%, while iShares Euro High Yield Corporate Bond USD Hedged ETF (EUHY) has a volatility of 1.07%. This indicates that THY experiences smaller price fluctuations and is considered to be less risky than EUHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| THY | EUHY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.93% | 1.07% | -0.14% |
Volatility (6M)Calculated over the trailing 6-month period | 1.87% | 2.88% | -1.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.97% | 5.54% | -2.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.55% | 10.00% | -5.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.48% | 10.43% | -5.95% |
THY vs. EUHY - Expense Ratio Comparison
THY has a 1.36% expense ratio, which is higher than EUHY's 0.35% expense ratio.
Dividends
THY vs. EUHY - Dividend Comparison
THY's dividend yield for the trailing twelve months is around 5.40%, more than EUHY's 5.33% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EUHY iShares Euro High Yield Corporate Bond USD Hedged ETF | 5.33% | 3.56% | 5.11% | 3.38% | 0.61% | 3.07% | 1.45% | 1.19% | 4.01% | 0.69% | 1.70% | 3.24% |
THY Agility Shares Dynamic Tactical Income ETF | 5.40% | 6.00% | 5.09% | 4.59% | 2.56% | 3.46% | 2.53% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
THY and EUHY have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EUHY has higher volatility (1.07%) compared to THY (0.93%). In terms of maximum drawdown, THY dropped -8.56% vs EUHY's -32.45%.
On 5-year performance, EUHY leads with 1.94% vs 1.71% for THY. On fees, EUHY is cheaper at 0.35% per year. On volatility, THY has been the lower-risk option at 0.93%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, EUHY has performed better with a 1.94% return vs 1.71%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
EUHY is cheaper with a 0.35% expense ratio, compared with 1.36% for THY.
THY has the higher dividend yield at 5.40%, compared with 5.33% for EUHY.
They also come from different issuers: Toews Corp. and iShares. Their fees differ too: 1.36% for THY and 0.35% for EUHY.
THY currently has the higher Sharpe Ratio (1.46 vs 1.10), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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