PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
USIBX vs. SHYG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

USIBX vs. SHYG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in USAA Intermediate Term Bond Fund (USIBX) and iShares 0-5 Year High Yield Corporate Bond ETF (SHYG). The values are adjusted to include any dividend payments, if applicable.

0.00%2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
3.49%
5.71%
USIBX
SHYG

Returns By Period

In the year-to-date period, USIBX achieves a 2.76% return, which is significantly lower than SHYG's 8.06% return. Over the past 10 years, USIBX has underperformed SHYG with an annualized return of 1.79%, while SHYG has yielded a comparatively higher 4.28% annualized return.


USIBX

YTD

2.76%

1M

-0.39%

6M

3.49%

1Y

7.50%

5Y (annualized)

-0.18%

10Y (annualized)

1.79%

SHYG

YTD

8.06%

1M

0.88%

6M

5.70%

1Y

11.21%

5Y (annualized)

4.53%

10Y (annualized)

4.28%

Key characteristics


USIBXSHYG
Sharpe Ratio1.403.20
Sortino Ratio2.045.07
Omega Ratio1.251.64
Calmar Ratio0.506.46
Martin Ratio4.8526.81
Ulcer Index1.55%0.42%
Daily Std Dev5.36%3.51%
Max Drawdown-20.24%-19.27%
Current Drawdown-8.24%-0.39%

Compare stocks, funds, or ETFs

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


USIBX vs. SHYG - Expense Ratio Comparison

USIBX has a 0.63% expense ratio, which is higher than SHYG's 0.30% expense ratio.


USIBX
USAA Intermediate Term Bond Fund
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%
Expense ratio chart for SHYG: current value at 0.30% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.30%

Correlation

-0.50.00.51.00.2

The correlation between USIBX and SHYG is 0.19, 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.

Risk-Adjusted Performance

USIBX vs. SHYG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for USAA Intermediate Term Bond Fund (USIBX) and iShares 0-5 Year High Yield Corporate Bond ETF (SHYG). 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 USIBX, currently valued at 1.40, compared to the broader market-1.000.001.002.003.004.005.001.403.20
The chart of Sortino ratio for USIBX, currently valued at 2.04, compared to the broader market0.005.0010.002.045.07
The chart of Omega ratio for USIBX, currently valued at 1.25, compared to the broader market1.002.003.004.001.251.64
The chart of Calmar ratio for USIBX, currently valued at 0.50, compared to the broader market0.005.0010.0015.0020.000.506.46
The chart of Martin ratio for USIBX, currently valued at 4.85, compared to the broader market0.0020.0040.0060.0080.00100.004.8526.81
USIBX
SHYG

The current USIBX Sharpe Ratio is 1.40, which is lower than the SHYG Sharpe Ratio of 3.20. The chart below compares the historical Sharpe Ratios of USIBX and SHYG, 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
1.40
3.20
USIBX
SHYG

Dividends

USIBX vs. SHYG - Dividend Comparison

USIBX's dividend yield for the trailing twelve months is around 4.46%, less than SHYG's 6.74% yield.


TTM20232022202120202019201820172016201520142013
USIBX
USAA Intermediate Term Bond Fund
4.46%4.09%3.19%2.32%3.01%3.58%3.68%3.45%3.86%4.23%4.11%4.38%
SHYG
iShares 0-5 Year High Yield Corporate Bond ETF
6.74%6.54%5.57%4.84%5.07%5.32%5.90%5.49%5.53%5.17%4.33%0.85%

Drawdowns

USIBX vs. SHYG - Drawdown Comparison

The maximum USIBX drawdown since its inception was -20.24%, which is greater than SHYG's maximum drawdown of -19.27%. Use the drawdown chart below to compare losses from any high point for USIBX and SHYG. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-8.24%
-0.39%
USIBX
SHYG

Volatility

USIBX vs. SHYG - Volatility Comparison

USAA Intermediate Term Bond Fund (USIBX) has a higher volatility of 1.51% compared to iShares 0-5 Year High Yield Corporate Bond ETF (SHYG) at 0.82%. This indicates that USIBX's price experiences larger fluctuations and is considered to be riskier than SHYG 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%1.80%JuneJulyAugustSeptemberOctoberNovember
1.51%
0.82%
USIBX
SHYG