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USIBX vs. USHYX
Performance
Return for Risk
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.

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USIBX vs. USHYX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
USIBX
USAA Intermediate Term Bond Fund
-0.60%7.48%2.84%6.74%-12.69%0.85%9.64%11.07%-0.97%5.91%
USHYX
USAA High Income Fund
-1.04%7.22%6.85%13.05%-10.95%5.61%3.74%13.13%-3.52%7.17%

Returns By Period

In the year-to-date period, USIBX achieves a -0.60% return, which is significantly higher than USHYX's -1.04% return. Over the past 10 years, USIBX has underperformed USHYX with an annualized return of 3.20%, while USHYX has yielded a comparatively higher 5.32% annualized return.


USIBX

1D
0.55%
1M
-2.34%
YTD
-0.60%
6M
0.45%
1Y
3.93%
3Y*
4.19%
5Y*
1.01%
10Y*
3.20%

USHYX

1D
0.30%
1M
-1.64%
YTD
-1.04%
6M
0.11%
1Y
6.23%
3Y*
7.50%
5Y*
3.54%
10Y*
5.32%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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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.


Return for Risk

USIBX vs. USHYX — Risk / Return Rank

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

USIBX
USIBX Risk / Return Rank: 5959
Overall Rank
USIBX Sharpe Ratio Rank: 6060
Sharpe Ratio Rank
USIBX Sortino Ratio Rank: 6161
Sortino Ratio Rank
USIBX Omega Ratio Rank: 4444
Omega Ratio Rank
USIBX Calmar Ratio Rank: 7575
Calmar Ratio Rank
USIBX Martin Ratio Rank: 5656
Martin Ratio Rank

USHYX
USHYX Risk / Return Rank: 9292
Overall Rank
USHYX Sharpe Ratio Rank: 9292
Sharpe Ratio Rank
USHYX Sortino Ratio Rank: 9292
Sortino Ratio Rank
USHYX Omega Ratio Rank: 9393
Omega Ratio Rank
USHYX Calmar Ratio Rank: 8989
Calmar Ratio Rank
USHYX Martin Ratio Rank: 9191
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

USIBX vs. USHYX - Risk-Adjusted Trends 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.


USIBXUSHYXDifference

Sharpe ratio

Return per unit of total volatility

1.07

2.00

-0.93

Sortino ratio

Return per unit of downside risk

1.55

2.78

-1.22

Omega ratio

Gain probability vs. loss probability

1.19

1.47

-0.28

Calmar ratio

Return relative to maximum drawdown

1.74

2.38

-0.64

Martin ratio

Return relative to average drawdown

5.38

10.55

-5.17

USIBX vs. USHYX - Sharpe Ratio Comparison

The current USIBX Sharpe Ratio is 1.07, which is lower than the USHYX Sharpe Ratio of 2.00. 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.


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Sharpe Ratios by Period


USIBXUSHYXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.07

2.00

-0.93

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.18

0.78

-0.60

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.68

0.98

-0.29

Sharpe Ratio (All Time)

Calculated using the full available price history

1.09

1.28

-0.20

Correlation

The correlation between USIBX and USHYX is 0.29, 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.


Dividends

USIBX vs. USHYX - Dividend Comparison

USIBX's dividend yield for the trailing twelve months is around 4.33%, less than USHYX's 7.08% yield.


TTM20252024202320222021202020192018201720162015
USIBX
USAA Intermediate Term Bond Fund
4.33%4.56%4.47%3.71%3.17%4.92%6.84%4.93%3.67%3.45%3.86%4.35%
USHYX
USAA High Income Fund
7.08%5.48%7.65%7.15%5.89%4.83%5.23%5.78%6.31%5.72%5.91%6.44%

Drawdowns

USIBX vs. USHYX - Drawdown Comparison

The maximum USIBX drawdown since its inception was -18.49%, smaller than the maximum USHYX drawdown of -33.59%. Use the drawdown chart below to compare losses from any high point for USIBX and USHYX.


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Drawdown Indicators


USIBXUSHYXDifference

Max Drawdown

Largest peak-to-trough decline

-18.49%

-33.59%

+15.10%

Max Drawdown (1Y)

Largest decline over 1 year

-2.87%

-2.49%

-0.38%

Max Drawdown (5Y)

Largest decline over 5 years

-18.49%

-15.10%

-3.39%

Max Drawdown (10Y)

Largest decline over 10 years

-18.49%

-24.55%

+6.06%

Current Drawdown

Current decline from peak

-2.34%

-1.92%

-0.42%

Average Drawdown

Average peak-to-trough decline

-2.57%

-2.99%

+0.42%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.93%

0.56%

+0.37%

Volatility

USIBX vs. USHYX - Volatility Comparison

USAA Intermediate Term Bond Fund (USIBX) has a higher volatility of 1.57% compared to USAA High Income Fund (USHYX) at 1.37%. 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.


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Volatility by Period


USIBXUSHYXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.57%

1.37%

+0.20%

Volatility (6M)

Calculated over the trailing 6-month period

2.55%

1.92%

+0.63%

Volatility (1Y)

Calculated over the trailing 1-year period

4.28%

3.06%

+1.22%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.70%

4.58%

+1.12%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.70%

5.47%

-0.77%