XHYD vs. SKOR
XHYD (BondBloxx US High Yield Consumer Non-Cyclicals Sector ETF) and SKOR (FlexShares Credit-Scored US Corporate Bond Index Fund) are both exchange-traded funds - XHYD is a High Yield Bonds fund tracking the ICE Diversified US Cash Pay High Yield Consumer Non-Cyclical, while SKOR is a Corporate Bonds fund tracking the NorthernTrustUS Corporate Bond Quality Value Index. Both are passively managed. Over the past 3 years, XHYD returned 7.51%/yr vs 5.94%/yr for SKOR. A 0.63 correlation means they provide meaningful diversification when combined. XHYD charges 0.35%/yr vs 0.22%/yr for SKOR.
Performance
XHYD vs. SKOR - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with XHYD having a 0.44% return and SKOR slightly higher at 0.45%.
XHYD
- 1D
- 0.00%
- 1M
- -0.60%
- YTD
- 0.44%
- 6M
- 0.86%
- 1Y
- 5.28%
- 3Y*
- 7.51%
- 5Y*
- —
- 10Y*
- —
SKOR
- 1D
- 0.11%
- 1M
- 0.25%
- YTD
- 0.45%
- 6M
- 0.78%
- 1Y
- 5.01%
- 3Y*
- 5.94%
- 5Y*
- 1.81%
- 10Y*
- 2.88%
XHYD vs. SKOR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
XHYD BondBloxx US High Yield Consumer Non-Cyclicals Sector ETF | 0.44% | 8.33% | 6.29% | 11.75% | -5.80% |
SKOR FlexShares Credit-Scored US Corporate Bond Index Fund | 0.45% | 7.99% | 4.42% | 7.64% | -6.87% |
Correlation
The correlation between XHYD and SKOR is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.40 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.61 |
Correlation (All Time) Calculated using the full available price history since Feb 18, 2022 | 0.63 |
Over the past year, the correlation between XHYD and SKOR has dropped to 0.40 - well below their long-term average of 0.63, suggesting their price drivers have been diverging.
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Return for Risk
XHYD vs. SKOR — Risk / Return Rank
XHYD
SKOR
XHYD vs. SKOR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BondBloxx US High Yield Consumer Non-Cyclicals Sector ETF (XHYD) and FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR). 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.
| XHYD | SKOR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.31 | ||
| Sortino ratioReturn per unit of downside risk | -0.57 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.34 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.36 | 2.41 | -0.06 |
| Martin ratioReturn relative to average drawdown | 10.53 | 8.60 | +1.93 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| XHYD | SKOR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.55 | 1.86 | -0.31 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.41 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.59 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.67 | 0.63 | +0.04 |
Drawdowns
XHYD vs. SKOR - Drawdown Comparison
The maximum XHYD drawdown since its inception was -11.02%, smaller than the maximum SKOR drawdown of -15.98%. Use the drawdown chart below to compare losses from any high point for XHYD and SKOR.
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Drawdown Indicators
| XHYD | SKOR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.02% | -15.98% | +4.96% |
Max Drawdown (1Y)Largest decline over 1 year | -2.49% | -2.09% | -0.40% |
Max Drawdown (3Y)Largest decline over 3 years | -3.70% | -3.11% | -0.59% |
Max Drawdown (5Y)Largest decline over 5 years | — | -15.13% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -15.98% | — |
Current DrawdownCurrent decline from peak | -1.08% | -0.67% | -0.41% |
Average DrawdownAverage peak-to-trough decline | -2.04% | -2.65% | +0.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.56% | 0.58% | -0.02% |
Volatility
XHYD vs. SKOR - Volatility Comparison
BondBloxx US High Yield Consumer Non-Cyclicals Sector ETF (XHYD) has a higher volatility of 1.83% compared to FlexShares Credit-Scored US Corporate Bond Index Fund (SKOR) at 0.84%. This indicates that XHYD's price experiences larger fluctuations and is considered to be riskier than SKOR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XHYD | SKOR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.83% | 0.84% | +0.99% |
Volatility (6M)Calculated over the trailing 6-month period | 3.28% | 1.99% | +1.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.79% | 2.72% | +1.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.15% | 4.42% | +2.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.15% | 4.90% | +2.25% |
XHYD vs. SKOR - Expense Ratio Comparison
XHYD has a 0.35% expense ratio, which is higher than SKOR's 0.22% expense ratio.
Dividends
XHYD vs. SKOR - Dividend Comparison
XHYD's dividend yield for the trailing twelve months is around 5.31%, more than SKOR's 4.66% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SKOR FlexShares Credit-Scored US Corporate Bond Index Fund | 4.66% | 4.70% | 4.90% | 3.90% | 2.57% | 2.55% | 3.38% | 3.53% | 2.85% | 2.46% | 2.74% | 2.25% |
XHYD BondBloxx US High Yield Consumer Non-Cyclicals Sector ETF | 5.31% | 5.83% | 6.32% | 5.80% | 5.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XHYD and SKOR have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
XHYD has higher volatility (1.83%) compared to SKOR (0.84%). In terms of maximum drawdown, XHYD dropped -11.02% vs SKOR's -15.98%.
On 3-year performance, XHYD leads with 7.51% vs 5.94% for SKOR. On fees, SKOR is cheaper at 0.22% per year. On volatility, SKOR has been the lower-risk option at 0.84%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, XHYD has performed better with a 7.51% return vs 5.94%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SKOR is cheaper with a 0.22% expense ratio, compared with 0.35% for XHYD.
XHYD has the higher dividend yield at 5.31%, compared with 4.66% for SKOR.
XHYD is categorized as High Yield Bonds, while SKOR is Corporate Bonds. XHYD tracks ICE Diversified US Cash Pay High Yield Consumer Non-Cyclical, while SKOR tracks NorthernTrustUS Corporate Bond Quality Value Index. They also come from different issuers: BondBloxx and Northern Trust. Their fees differ too: 0.35% for XHYD and 0.22% for SKOR.
SKOR currently has the higher Sharpe Ratio (1.86 vs 1.55), 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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