THYF vs. BND
Compare and contrast key facts about T. Rowe Price U.S. High Yield ETF (THYF) and Vanguard Total Bond Market ETF (BND).
THYF and BND are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. THYF is an actively managed fund by T. Rowe Price. It was launched on Oct 25, 2022. BND is a passively managed fund by Vanguard that tracks the performance of the Barclays Capital U.S. Aggregate Bond Index. It was launched on Apr 3, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: THYF or BND.
Correlation
The correlation between THYF and BND is 0.18, 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
THYF vs. BND - Performance Comparison
Key characteristics
THYF:
1.16
BND:
1.36
THYF:
1.64
BND:
1.98
THYF:
1.27
BND:
1.24
THYF:
1.24
BND:
0.54
THYF:
6.00
BND:
3.51
THYF:
1.05%
BND:
2.06%
THYF:
5.40%
BND:
5.29%
THYF:
-5.24%
BND:
-18.84%
THYF:
-2.29%
BND:
-6.72%
Returns By Period
In the year-to-date period, THYF achieves a -0.40% return, which is significantly lower than BND's 2.90% return.
THYF
-0.40%
-1.23%
0.97%
6.63%
N/A
N/A
BND
2.90%
-0.20%
2.25%
7.25%
-0.79%
1.51%
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THYF vs. BND - Expense Ratio Comparison
THYF has a 0.56% expense ratio, which is higher than BND's 0.03% expense ratio.
Risk-Adjusted Performance
THYF vs. BND — Risk-Adjusted Performance Rank
THYF
BND
THYF vs. BND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price U.S. High Yield ETF (THYF) and Vanguard Total Bond Market ETF (BND). 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
THYF vs. BND - Dividend Comparison
THYF's dividend yield for the trailing twelve months is around 7.36%, more than BND's 3.73% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
THYF T. Rowe Price U.S. High Yield ETF | 7.36% | 7.30% | 8.02% | 1.50% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BND Vanguard Total Bond Market ETF | 3.73% | 3.67% | 3.09% | 2.60% | 1.97% | 2.22% | 2.72% | 2.81% | 2.54% | 2.51% | 2.57% | 2.79% |
Drawdowns
THYF vs. BND - Drawdown Comparison
The maximum THYF drawdown since its inception was -5.24%, smaller than the maximum BND drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for THYF and BND. For additional features, visit the drawdowns tool.
Volatility
THYF vs. BND - Volatility Comparison
T. Rowe Price U.S. High Yield ETF (THYF) has a higher volatility of 4.34% compared to Vanguard Total Bond Market ETF (BND) at 2.13%. This indicates that THYF's price experiences larger fluctuations and is considered to be riskier than BND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.