VLO vs. BBHY
VLO (Valero Energy Corporation) is a stock, while BBHY (JPMorgan BetaBuilders USD High Yield Corporate Bond ETF) is High Yield Bonds fund tracking the ICE BofA US High Yield Index. Over the past 5 years, VLO returned 41.11%/yr vs 3.99%/yr for BBHY. Their 0.23 correlation means their historical movements had little consistent relationship.
Performance
VLO vs. BBHY - Performance Comparison
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Returns By Period
In the year-to-date period, VLO achieves a 91.71% return, which is significantly higher than BBHY's 2.13% return.
VLO
- 1D
- -1.71%
- 1M
- 15.30%
- 6M
- 73.17%
- YTD
- 91.71%
- 1Y
- 135.82%
- 3Y*
- 38.07%
- 5Y*
- 41.11%
- 10Y*
- 23.78%
- ALL TIME*
- 12.08%
BBHY
- 1D
- 0.30%
- 1M
- -0.11%
- 6M
- 1.34%
- YTD
- 2.13%
- 1Y
- 5.69%
- 3Y*
- 8.37%
- 5Y*
- 3.99%
- 10Y*
- —
- ALL TIME*
- 4.79%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $4.07M | $3.06M | $2.90M | |
| $782.71M | $812.86M | $803.18M |
VLO vs. BBHY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VLO Valero Energy Corporation | 91.71% | 36.97% | -2.96% | 5.86% | 74.95% | 40.25% | -35.69% | 30.27% | -15.73% | 38.66% |
BBHY JPMorgan BetaBuilders USD High Yield Corporate Bond ETF | 2.13% | 8.51% | 7.81% | 11.98% | -10.37% | 3.88% | 5.36% | 14.35% | -2.50% | 6.57% |
Correlation
The correlation between VLO and BBHY is -0.09, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.09 |
Correlation (3Y) Balances recent behavior with more history. | 0.08 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.14 |
Correlation (All Time) Calculated using the full available price history since Sep 15, 2016 | 0.23 |
The correlation between VLO and BBHY shifts across timeframes, from -0.09 (1 year) to 0.23 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
VLO vs. BBHY — Risk / Return Rank
VLO
BBHY
VLO vs. BBHY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Valero Energy Corporation (VLO) and JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BBHY). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| VLO | BBHY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.29 | ||
| Sortino ratioReturn per unit of downside risk | +1.98 | ||
| Omega ratioGain probability vs. loss probability | 1.55 | 1.30 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 11.28 | 2.41 | +8.87 |
| Martin ratioReturn relative to average drawdown | 28.67 | 10.49 | +18.17 |
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Drawdowns
VLO vs. BBHY - Drawdown Comparison
The maximum VLO drawdown since its inception was -87.50%, which is greater than BBHY's maximum drawdown of -24.98%. Use the drawdown chart below to compare losses from any high point for VLO and BBHY.
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Drawdown Indicators
| VLO | BBHY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.50% | -24.98% | -62.52% |
Max Drawdown (1Y)Largest decline over 1 year | -12.12% | -2.37% | -9.75% |
Max Drawdown (3Y)Largest decline over 3 years | -41.22% | -5.00% | -36.22% |
Max Drawdown (5Y)Largest decline over 5 years | -41.22% | -15.32% | -25.90% |
Max Drawdown (10Y)Largest decline over 10 years | -71.88% | — | — |
Current DrawdownCurrent decline from peak | -1.93% | -0.25% | -1.68% |
Average DrawdownAverage peak-to-trough decline | -34.16% | -2.34% | -31.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.76% | 0.54% | +4.22% |
Volatility
VLO vs. BBHY - Volatility Comparison
Valero Energy Corporation (VLO) has a higher volatility of 10.96% compared to JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BBHY) at 0.88%. This indicates that VLO's price experiences larger fluctuations and is considered to be riskier than BBHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VLO | BBHY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.96% | 0.88% | +10.08% |
Volatility (6M)Calculated over the trailing 6-month period | 28.01% | 3.02% | +24.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.59% | 3.67% | +31.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.88% | 7.27% | +29.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.51% | 7.48% | +33.03% |
Dividends
VLO vs. BBHY - Dividend Comparison
VLO's dividend yield for the trailing twelve months is around 1.54%, less than BBHY's 7.11% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BBHY JPMorgan BetaBuilders USD High Yield Corporate Bond ETF | 7.11% | 7.24% | 7.18% | 6.49% | 5.92% | 4.06% | 4.73% | 4.99% | 5.02% | 4.81% | 1.42% | 0.00% |
VLO Valero Energy Corporation | 1.54% | 2.78% | 3.49% | 3.14% | 3.09% | 5.22% | 6.93% | 3.84% | 4.27% | 2.34% | 3.51% | 2.40% |
Frequently Asked Questions
VLO and BBHY have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VLO has higher volatility (10.96%) compared to BBHY (0.88%). In terms of maximum drawdown, VLO dropped -87.50% vs BBHY's -24.98%.
VLO currently has the higher Sharpe Ratio (3.85 vs 1.56), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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