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 0.49, 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
THYF vs. BND - Performance Comparison
Key characteristics
THYF:
3.06
BND:
0.76
THYF:
4.55
BND:
1.11
THYF:
1.64
BND:
1.13
THYF:
6.75
BND:
0.29
THYF:
23.54
BND:
1.89
THYF:
0.42%
BND:
2.07%
THYF:
3.24%
BND:
5.17%
THYF:
-5.24%
BND:
-18.84%
THYF:
0.00%
BND:
-8.49%
Returns By Period
In the year-to-date period, THYF achieves a 1.74% return, which is significantly higher than BND's 0.95% return.
THYF
1.74%
0.92%
4.54%
9.93%
N/A
N/A
BND
0.95%
0.90%
-1.34%
4.12%
-0.70%
1.35%
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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 7.17%, more than BND's 3.68% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
THYF T. Rowe Price U.S. High Yield ETF | 7.17% | 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 | 3.68% | 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
The current volatility for T. Rowe Price U.S. High Yield ETF (THYF) is 1.02%, while Vanguard Total Bond Market ETF (BND) has a volatility of 1.36%. This indicates that THYF experiences smaller price fluctuations and is considered to be less risky than BND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.