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USHYX vs. USIBX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


USHYXUSIBX
YTD Return6.66%3.44%
1Y Return13.57%9.94%
3Y Return (Ann)2.50%-2.11%
5Y Return (Ann)3.82%0.08%
10Y Return (Ann)3.77%1.87%
Sharpe Ratio4.071.67
Sortino Ratio6.892.45
Omega Ratio2.051.30
Calmar Ratio2.420.57
Martin Ratio31.706.56
Ulcer Index0.42%1.40%
Daily Std Dev3.25%5.51%
Max Drawdown-33.65%-20.24%
Current Drawdown0.00%-7.63%

Correlation

-0.50.00.51.00.3

The correlation between USHYX and USIBX is 0.28, 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

USHYX vs. USIBX - Performance Comparison

In the year-to-date period, USHYX achieves a 6.66% return, which is significantly higher than USIBX's 3.44% return. Over the past 10 years, USHYX has outperformed USIBX with an annualized return of 3.77%, while USIBX has yielded a comparatively lower 1.87% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
5.88%
4.40%
USHYX
USIBX

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USHYX vs. USIBX - Expense Ratio Comparison

USHYX has a 0.76% expense ratio, which is higher than USIBX's 0.63% expense ratio.


USHYX
USAA High Income Fund
Expense ratio chart for USHYX: current value at 0.76% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.76%
Expense ratio chart for USIBX: current value at 0.63% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.63%

Risk-Adjusted Performance

USHYX vs. USIBX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for USAA High Income Fund (USHYX) and USAA Intermediate Term Bond Fund (USIBX). 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.


USHYX
Sharpe ratio
The chart of Sharpe ratio for USHYX, currently valued at 4.07, compared to the broader market0.002.004.004.07
Sortino ratio
The chart of Sortino ratio for USHYX, currently valued at 6.89, compared to the broader market0.005.0010.006.89
Omega ratio
The chart of Omega ratio for USHYX, currently valued at 2.05, compared to the broader market1.002.003.004.002.05
Calmar ratio
The chart of Calmar ratio for USHYX, currently valued at 2.42, compared to the broader market0.005.0010.0015.0020.0025.002.42
Martin ratio
The chart of Martin ratio for USHYX, currently valued at 31.70, compared to the broader market0.0020.0040.0060.0080.00100.0031.70
USIBX
Sharpe ratio
The chart of Sharpe ratio for USIBX, currently valued at 1.67, compared to the broader market0.002.004.001.67
Sortino ratio
The chart of Sortino ratio for USIBX, currently valued at 2.45, compared to the broader market0.005.0010.002.45
Omega ratio
The chart of Omega ratio for USIBX, currently valued at 1.30, compared to the broader market1.002.003.004.001.30
Calmar ratio
The chart of Calmar ratio for USIBX, currently valued at 0.57, compared to the broader market0.005.0010.0015.0020.0025.000.57
Martin ratio
The chart of Martin ratio for USIBX, currently valued at 6.56, compared to the broader market0.0020.0040.0060.0080.00100.006.56

USHYX vs. USIBX - Sharpe Ratio Comparison

The current USHYX Sharpe Ratio is 4.07, which is higher than the USIBX Sharpe Ratio of 1.67. The chart below compares the historical Sharpe Ratios of USHYX and USIBX, 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 Ratio0.001.002.003.004.00JuneJulyAugustSeptemberOctoberNovember
4.07
1.67
USHYX
USIBX

Dividends

USHYX vs. USIBX - Dividend Comparison

USHYX's dividend yield for the trailing twelve months is around 7.74%, more than USIBX's 4.43% yield.


TTM20232022202120202019201820172016201520142013
USHYX
USAA High Income Fund
7.74%7.14%5.88%4.83%5.25%5.79%6.32%5.73%5.94%6.46%5.76%6.05%
USIBX
USAA Intermediate Term Bond Fund
4.43%4.09%3.19%2.32%3.01%3.58%3.68%3.45%3.86%4.23%4.11%4.38%

Drawdowns

USHYX vs. USIBX - Drawdown Comparison

The maximum USHYX drawdown since its inception was -33.65%, which is greater than USIBX's maximum drawdown of -20.24%. Use the drawdown chart below to compare losses from any high point for USHYX and USIBX. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember0
-7.63%
USHYX
USIBX

Volatility

USHYX vs. USIBX - Volatility Comparison

The current volatility for USAA High Income Fund (USHYX) is 0.62%, while USAA Intermediate Term Bond Fund (USIBX) has a volatility of 1.66%. This indicates that USHYX experiences smaller price fluctuations and is considered to be less risky than USIBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.50%1.00%1.50%2.00%JuneJulyAugustSeptemberOctoberNovember
0.62%
1.66%
USHYX
USIBX