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THYF vs. VWEHX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between THYF and VWEHX is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.7

Performance

THYF vs. VWEHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price U.S. High Yield ETF (THYF) and Vanguard High-Yield Corporate Fund Investor Shares (VWEHX). The values are adjusted to include any dividend payments, if applicable.

0.00%1.00%2.00%3.00%4.00%5.00%SeptemberOctoberNovemberDecember2025February
4.57%
2.41%
THYF
VWEHX

Key characteristics

Sharpe Ratio

THYF:

3.12

VWEHX:

2.51

Sortino Ratio

THYF:

4.64

VWEHX:

4.14

Omega Ratio

THYF:

1.66

VWEHX:

1.61

Calmar Ratio

THYF:

6.87

VWEHX:

4.19

Martin Ratio

THYF:

23.95

VWEHX:

13.72

Ulcer Index

THYF:

0.42%

VWEHX:

0.57%

Daily Std Dev

THYF:

3.24%

VWEHX:

3.11%

Max Drawdown

THYF:

-5.24%

VWEHX:

-30.17%

Current Drawdown

THYF:

0.00%

VWEHX:

-0.18%

Returns By Period

In the year-to-date period, THYF achieves a 1.74% return, which is significantly higher than VWEHX's 0.74% return.


THYF

YTD

1.74%

1M

0.53%

6M

4.57%

1Y

10.01%

5Y*

N/A

10Y*

N/A

VWEHX

YTD

0.74%

1M

0.18%

6M

2.41%

1Y

7.99%

5Y*

3.33%

10Y*

4.37%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


THYF vs. VWEHX - Expense Ratio Comparison

THYF has a 0.56% expense ratio, which is higher than VWEHX's 0.23% expense ratio.


THYF
T. Rowe Price U.S. High Yield ETF
Expense ratio chart for THYF: current value at 0.56% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.56%
Expense ratio chart for VWEHX: current value at 0.23% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.23%

Risk-Adjusted Performance

THYF vs. VWEHX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

THYF
The Risk-Adjusted Performance Rank of THYF is 9797
Overall Rank
The Sharpe Ratio Rank of THYF is 9797
Sharpe Ratio Rank
The Sortino Ratio Rank of THYF is 9797
Sortino Ratio Rank
The Omega Ratio Rank of THYF is 9797
Omega Ratio Rank
The Calmar Ratio Rank of THYF is 9797
Calmar Ratio Rank
The Martin Ratio Rank of THYF is 9696
Martin Ratio Rank

VWEHX
The Risk-Adjusted Performance Rank of VWEHX is 9393
Overall Rank
The Sharpe Ratio Rank of VWEHX is 9292
Sharpe Ratio Rank
The Sortino Ratio Rank of VWEHX is 9393
Sortino Ratio Rank
The Omega Ratio Rank of VWEHX is 9393
Omega Ratio Rank
The Calmar Ratio Rank of VWEHX is 9393
Calmar Ratio Rank
The Martin Ratio Rank of VWEHX is 9292
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

THYF vs. VWEHX - 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 High-Yield Corporate Fund Investor Shares (VWEHX). 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.


Sharpe ratio
The chart of Sharpe ratio for THYF, currently valued at 3.12, compared to the broader market0.002.004.003.122.51
The chart of Sortino ratio for THYF, currently valued at 4.64, compared to the broader market-2.000.002.004.006.008.0010.0012.004.644.14
The chart of Omega ratio for THYF, currently valued at 1.66, compared to the broader market0.501.001.502.002.503.001.661.61
The chart of Calmar ratio for THYF, currently valued at 6.87, compared to the broader market0.005.0010.0015.006.874.19
The chart of Martin ratio for THYF, currently valued at 23.95, compared to the broader market0.0020.0040.0060.0080.00100.0023.9513.72
THYF
VWEHX

The current THYF Sharpe Ratio is 3.12, which is comparable to the VWEHX Sharpe Ratio of 2.51. The chart below compares the historical Sharpe Ratios of THYF and VWEHX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio2.002.503.003.504.00SeptemberOctoberNovemberDecember2025February
3.12
2.51
THYF
VWEHX

Dividends

THYF vs. VWEHX - Dividend Comparison

THYF's dividend yield for the trailing twelve months is around 7.17%, more than VWEHX's 5.59% yield.


TTM20242023202220212020201920182017201620152014
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%
VWEHX
Vanguard High-Yield Corporate Fund Investor Shares
5.59%6.13%5.68%5.11%4.15%4.62%5.25%5.93%5.30%5.39%5.88%5.59%

Drawdowns

THYF vs. VWEHX - Drawdown Comparison

The maximum THYF drawdown since its inception was -5.24%, smaller than the maximum VWEHX drawdown of -30.17%. Use the drawdown chart below to compare losses from any high point for THYF and VWEHX. For additional features, visit the drawdowns tool.


-1.20%-1.00%-0.80%-0.60%-0.40%-0.20%0.00%SeptemberOctoberNovemberDecember2025February0
-0.18%
THYF
VWEHX

Volatility

THYF vs. VWEHX - Volatility Comparison

T. Rowe Price U.S. High Yield ETF (THYF) has a higher volatility of 0.95% compared to Vanguard High-Yield Corporate Fund Investor Shares (VWEHX) at 0.73%. This indicates that THYF's price experiences larger fluctuations and is considered to be riskier than VWEHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.60%0.80%1.00%1.20%1.40%1.60%SeptemberOctoberNovemberDecember2025February
0.95%
0.73%
THYF
VWEHX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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