WEX vs. HYDB
Compare and contrast key facts about WEX Inc. (WEX) and iShares High Yield Bond Factor ETF (HYDB).
HYDB is a passively managed fund by iShares that tracks the performance of the BlackRock High Yield Defensive Bond Index. It was launched on Jul 11, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WEX or HYDB.
Correlation
The correlation between WEX and HYDB is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
WEX vs. HYDB - Performance Comparison
Key characteristics
WEX:
-0.90
HYDB:
2.53
WEX:
-1.04
HYDB:
3.69
WEX:
0.82
HYDB:
1.48
WEX:
-0.82
HYDB:
5.54
WEX:
-1.41
HYDB:
19.41
WEX:
21.88%
HYDB:
0.55%
WEX:
34.37%
HYDB:
4.25%
WEX:
-78.96%
HYDB:
-21.58%
WEX:
-36.88%
HYDB:
0.00%
Returns By Period
In the year-to-date period, WEX achieves a -12.80% return, which is significantly lower than HYDB's 1.85% return.
WEX
-12.80%
-16.66%
-15.98%
-30.84%
-8.00%
3.86%
HYDB
1.85%
0.69%
4.02%
10.66%
4.95%
N/A
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Risk-Adjusted Performance
WEX vs. HYDB — Risk-Adjusted Performance Rank
WEX
HYDB
WEX vs. HYDB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WEX Inc. (WEX) and iShares High Yield Bond Factor ETF (HYDB). 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
WEX vs. HYDB - Dividend Comparison
WEX has not paid dividends to shareholders, while HYDB's dividend yield for the trailing twelve months is around 7.03%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
WEX WEX Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HYDB iShares High Yield Bond Factor ETF | 7.03% | 6.95% | 7.00% | 6.30% | 4.70% | 5.81% | 5.68% | 6.17% | 2.70% |
Drawdowns
WEX vs. HYDB - Drawdown Comparison
The maximum WEX drawdown since its inception was -78.96%, which is greater than HYDB's maximum drawdown of -21.58%. Use the drawdown chart below to compare losses from any high point for WEX and HYDB. For additional features, visit the drawdowns tool.
Volatility
WEX vs. HYDB - Volatility Comparison
WEX Inc. (WEX) has a higher volatility of 22.01% compared to iShares High Yield Bond Factor ETF (HYDB) at 0.91%. This indicates that WEX's price experiences larger fluctuations and is considered to be riskier than HYDB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.