USIBX vs. SHYG
Compare and contrast key facts about USAA Intermediate Term Bond Fund (USIBX) and iShares 0-5 Year High Yield Corporate Bond ETF (SHYG).
USIBX is managed by Victory Capital. It was launched on Aug 2, 1999. SHYG is a passively managed fund by iShares that tracks the performance of the Markit iBoxx USD Liquid High Yield 0-5 Index. It was launched on Oct 15, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: USIBX or SHYG.
Key characteristics
| USIBX | SHYG | |
|---|---|---|
| YTD Return | 3.44% | 8.49% |
| 1Y Return | 9.94% | 13.13% |
| 3Y Return (Ann) | -2.11% | 4.56% |
| 5Y Return (Ann) | 0.08% | 4.56% |
| 10Y Return (Ann) | 1.87% | 4.28% |
| Sharpe Ratio | 1.67 | 3.49 |
| Sortino Ratio | 2.45 | 5.59 |
| Omega Ratio | 1.30 | 1.71 |
| Calmar Ratio | 0.57 | 7.25 |
| Martin Ratio | 6.56 | 30.80 |
| Ulcer Index | 1.40% | 0.41% |
| Daily Std Dev | 5.51% | 3.60% |
| Max Drawdown | -20.24% | -19.27% |
| Current Drawdown | -7.63% | 0.00% |
Correlation
The correlation between USIBX and SHYG 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
USIBX vs. SHYG - Performance Comparison
In the year-to-date period, USIBX achieves a 3.44% return, which is significantly lower than SHYG's 8.49% return. Over the past 10 years, USIBX has underperformed SHYG with an annualized return of 1.87%, while SHYG has yielded a comparatively higher 4.28% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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USIBX vs. SHYG - Expense Ratio Comparison
USIBX has a 0.63% expense ratio, which is higher than SHYG's 0.30% expense ratio.
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.
Dividends
USIBX vs. SHYG - Dividend Comparison
USIBX's dividend yield for the trailing twelve months is around 4.43%, less than SHYG's 6.72% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
SHYG iShares 0-5 Year High Yield Corporate Bond ETF | 6.72% | 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.
Volatility
USIBX vs. SHYG - Volatility Comparison
USAA Intermediate Term Bond Fund (USIBX) has a higher volatility of 1.66% compared to iShares 0-5 Year High Yield Corporate Bond ETF (SHYG) at 0.83%. 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.