PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
XCCC vs. HYGH
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

XCCC vs. HYGH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BondBloxx CCC Rated USD High Yield Corporate Bond ETF (XCCC) and iShares Interest Rate Hedged High Yield Bond ETF (HYGH). The values are adjusted to include any dividend payments, if applicable.

-2.00%0.00%2.00%4.00%6.00%8.00%10.00%JuneJulyAugustSeptemberOctoberNovember
10.57%
5.79%
XCCC
HYGH

Returns By Period

In the year-to-date period, XCCC achieves a 12.39% return, which is significantly higher than HYGH's 10.77% return.


XCCC

YTD

12.39%

1M

1.52%

6M

10.57%

1Y

19.69%

5Y (annualized)

N/A

10Y (annualized)

N/A

HYGH

YTD

10.77%

1M

1.71%

6M

5.79%

1Y

13.06%

5Y (annualized)

6.12%

10Y (annualized)

4.89%

Key characteristics


XCCCHYGH
Sharpe Ratio3.342.85
Sortino Ratio4.973.93
Omega Ratio1.711.64
Calmar Ratio5.223.49
Martin Ratio16.6927.89
Ulcer Index1.18%0.47%
Daily Std Dev5.90%4.59%
Max Drawdown-9.97%-23.88%
Current Drawdown0.00%-0.02%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


XCCC vs. HYGH - Expense Ratio Comparison

XCCC has a 0.40% expense ratio, which is lower than HYGH's 0.53% expense ratio.


HYGH
iShares Interest Rate Hedged High Yield Bond ETF
Expense ratio chart for HYGH: current value at 0.53% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.53%
Expense ratio chart for XCCC: current value at 0.40% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.40%

Correlation

-0.50.00.51.00.7

The correlation between XCCC and HYGH is 0.74, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Risk-Adjusted Performance

XCCC vs. HYGH - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for BondBloxx CCC Rated USD High Yield Corporate Bond ETF (XCCC) and iShares Interest Rate Hedged High Yield Bond ETF (HYGH). 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 XCCC, currently valued at 3.34, compared to the broader market0.002.004.006.003.342.85
The chart of Sortino ratio for XCCC, currently valued at 4.97, compared to the broader market-2.000.002.004.006.008.0010.0012.004.973.93
The chart of Omega ratio for XCCC, currently valued at 1.71, compared to the broader market0.501.001.502.002.503.001.711.64
The chart of Calmar ratio for XCCC, currently valued at 5.22, compared to the broader market0.005.0010.0015.005.223.49
The chart of Martin ratio for XCCC, currently valued at 16.69, compared to the broader market0.0020.0040.0060.0080.00100.00120.0016.6927.89
XCCC
HYGH

The current XCCC Sharpe Ratio is 3.34, which is comparable to the HYGH Sharpe Ratio of 2.85. The chart below compares the historical Sharpe Ratios of XCCC and HYGH, 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 Ratio2.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
3.34
2.85
XCCC
HYGH

Dividends

XCCC vs. HYGH - Dividend Comparison

XCCC's dividend yield for the trailing twelve months is around 10.72%, more than HYGH's 8.16% yield.


TTM2023202220212020201920182017201620152014
XCCC
BondBloxx CCC Rated USD High Yield Corporate Bond ETF
10.72%11.01%7.64%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
HYGH
iShares Interest Rate Hedged High Yield Bond ETF
8.16%8.95%6.21%3.74%4.06%4.89%6.45%4.79%4.59%5.74%3.62%

Drawdowns

XCCC vs. HYGH - Drawdown Comparison

The maximum XCCC drawdown since its inception was -9.97%, smaller than the maximum HYGH drawdown of -23.88%. Use the drawdown chart below to compare losses from any high point for XCCC and HYGH. For additional features, visit the drawdowns tool.


-4.00%-3.00%-2.00%-1.00%0.00%JuneJulyAugustSeptemberOctoberNovember0
-0.02%
XCCC
HYGH

Volatility

XCCC vs. HYGH - Volatility Comparison

BondBloxx CCC Rated USD High Yield Corporate Bond ETF (XCCC) and iShares Interest Rate Hedged High Yield Bond ETF (HYGH) have volatilities of 1.09% and 1.05%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


0.50%1.00%1.50%2.00%2.50%3.00%JuneJulyAugustSeptemberOctoberNovember
1.09%
1.05%
XCCC
HYGH