WFHY vs. YLD
Compare and contrast key facts about WisdomTree U.S. High Yield Corporate Bond Fund (WFHY) and Principal Active High Yield ETF (YLD).
WFHY and YLD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. WFHY is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Fundamental U.S. High Yield Corporate Bond Index. It was launched on Apr 27, 2016. YLD is an actively managed fund by Principal. It was launched on Jul 9, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WFHY or YLD.
Correlation
The correlation between WFHY and YLD is 0.40, 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
WFHY vs. YLD - Performance Comparison
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Key characteristics
WFHY:
1.86%
YLD:
6.95%
WFHY:
-0.11%
YLD:
-28.34%
WFHY:
0.00%
YLD:
-1.85%
Returns By Period
WFHY
N/A
N/A
N/A
N/A
N/A
N/A
YLD
0.25%
2.25%
-0.08%
5.96%
7.78%
N/A
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WFHY vs. YLD - Expense Ratio Comparison
WFHY has a 0.38% expense ratio, which is lower than YLD's 0.39% expense ratio.
Risk-Adjusted Performance
WFHY vs. YLD — Risk-Adjusted Performance Rank
WFHY
YLD
WFHY vs. YLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree U.S. High Yield Corporate Bond Fund (WFHY) and Principal Active High Yield ETF (YLD). 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.
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Dividends
WFHY vs. YLD - Dividend Comparison
WFHY's dividend yield for the trailing twelve months is around 6.50%, less than YLD's 7.39% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
WFHY WisdomTree U.S. High Yield Corporate Bond Fund | 6.50% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
YLD Principal Active High Yield ETF | 7.39% | 7.12% | 6.46% | 6.51% | 4.21% | 4.40% | 4.81% | 5.83% | 5.86% | 4.47% | 2.56% |
Drawdowns
WFHY vs. YLD - Drawdown Comparison
The maximum WFHY drawdown since its inception was -0.11%, smaller than the maximum YLD drawdown of -28.34%. Use the drawdown chart below to compare losses from any high point for WFHY and YLD. For additional features, visit the drawdowns tool.
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Volatility
WFHY vs. YLD - Volatility Comparison
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