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

Performance

USIBX vs. USHYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in USAA Intermediate Term Bond Fund (USIBX) and USAA High Income Fund (USHYX). The values are adjusted to include any dividend payments, if applicable.

0.00%2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
3.49%
5.42%
USIBX
USHYX

Returns By Period

In the year-to-date period, USIBX achieves a 2.76% return, which is significantly lower than USHYX's 6.20% return. Over the past 10 years, USIBX has underperformed USHYX with an annualized return of 1.79%, while USHYX has yielded a comparatively higher 3.72% annualized return.


USIBX

YTD

2.76%

1M

-0.39%

6M

3.49%

1Y

7.50%

5Y (annualized)

-0.18%

10Y (annualized)

1.79%

USHYX

YTD

6.20%

1M

0.15%

6M

5.42%

1Y

11.12%

5Y (annualized)

3.83%

10Y (annualized)

3.72%

Key characteristics


USIBXUSHYX
Sharpe Ratio1.403.51
Sortino Ratio2.045.65
Omega Ratio1.251.88
Calmar Ratio0.502.92
Martin Ratio4.8526.42
Ulcer Index1.55%0.42%
Daily Std Dev5.36%3.17%
Max Drawdown-20.24%-33.65%
Current Drawdown-8.24%-0.43%

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USIBX vs. USHYX - Expense Ratio Comparison

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

Correlation

-0.50.00.51.00.3

The correlation between USIBX and USHYX 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.

Risk-Adjusted Performance

USIBX vs. USHYX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for USAA Intermediate Term Bond Fund (USIBX) and USAA High Income Fund (USHYX). 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-1.000.001.002.003.004.005.001.403.51
The chart of Sortino ratio for USIBX, currently valued at 2.04, compared to the broader market0.005.0010.002.045.65
The chart of Omega ratio for USIBX, currently valued at 1.25, compared to the broader market1.002.003.004.001.251.88
The chart of Calmar ratio for USIBX, currently valued at 0.50, compared to the broader market0.005.0010.0015.0020.000.502.92
The chart of Martin ratio for USIBX, currently valued at 4.85, compared to the broader market0.0020.0040.0060.0080.00100.004.8526.42
USIBX
USHYX

The current USIBX Sharpe Ratio is 1.40, which is lower than the USHYX Sharpe Ratio of 3.51. The chart below compares the historical Sharpe Ratios of USIBX and USHYX, 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
3.51
USIBX
USHYX

Dividends

USIBX vs. USHYX - Dividend Comparison

USIBX's dividend yield for the trailing twelve months is around 4.46%, less than USHYX's 7.10% 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%
USHYX
USAA High Income Fund
7.10%7.14%5.88%4.83%5.25%5.79%6.32%5.73%5.94%6.46%5.76%6.05%

Drawdowns

USIBX vs. USHYX - Drawdown Comparison

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


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-8.24%
-0.43%
USIBX
USHYX

Volatility

USIBX vs. USHYX - Volatility Comparison

USAA Intermediate Term Bond Fund (USIBX) has a higher volatility of 1.51% compared to USAA High Income Fund (USHYX) at 0.78%. This indicates that USIBX's price experiences larger fluctuations and is considered to be riskier than USHYX 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
1.51%
0.78%
USIBX
USHYX