XHYF vs. THY

Last updated Jun 5, 2026

XHYF (BondBloxx US High Yield Financial & REIT Sector ETF) and THY (Agility Shares Dynamic Tactical Income ETF) are both High Yield Bonds funds. XHYF is passively managed, while THY is actively managed. Over the past 3 years, XHYF returned 9.29%/yr vs 5.33%/yr for THY. A 0.60 correlation means they provide meaningful diversification when combined. XHYF charges 0.35%/yr vs 1.36%/yr for THY.

Performance

XHYF vs. THY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BondBloxx US High Yield Financial & REIT Sector ETF (XHYF) and Agility Shares Dynamic Tactical Income ETF (THY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XHYF achieves a -0.10% return, which is significantly lower than THY's 0.62% return.

XHYF

• 1D: 0.00%
• 1M: -0.35%
• YTD: -0.10%
• 6M: 0.51%
• 1Y: 4.79%
• 3Y*: 9.29%
• 5Y*: —
• 10Y*: —

THY

• 1D: 0.17%
• 1M: -0.35%
• YTD: 0.62%
• 6M: 0.89%
• 1Y: 4.10%
• 3Y*: 5.33%
• 5Y*: 1.75%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

XHYF vs. THY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
XHYF BondBloxx US High Yield Financial & REIT Sector ETF	-0.10%	8.69%	8.65%	13.29%	-7.22%
THY Agility Shares Dynamic Tactical Income ETF	0.62%	4.44%	5.38%	4.97%	-4.37%

Correlation

The correlation between XHYF and THY is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.48
Correlation (3Y) Calculated over the trailing 3-year period	0.65
Correlation (All Time) Calculated using the full available price history since Feb 18, 2022	0.60

The correlation between XHYF and THY shifts across timeframes, from 0.48 (1 year) to 0.65 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

XHYF vs. THY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XHYF

XHYF Risk / Return Rank: 45
XHYF Sharpe Ratio Rank: 45
XHYF Sortino Ratio Rank: 51
XHYF Omega Ratio Rank: 48
XHYF Calmar Ratio Rank: 35
XHYF Martin Ratio Rank: 46

THY

THY Risk / Return Rank: 43
THY Sharpe Ratio Rank: 40
THY Sortino Ratio Rank: 41
THY Omega Ratio Rank: 40
THY Calmar Ratio Rank: 53
THY Martin Ratio Rank: 40

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XHYF vs. THY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BondBloxx US High Yield Financial & REIT Sector ETF (XHYF) and Agility Shares Dynamic Tactical Income ETF (THY). 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.

	XHYF	THY	Difference
Sharpe ratio: Return per unit of total volatility	1.57	1.40	+0.17
Sortino ratio: Return per unit of downside risk	2.47	2.08	+0.40
Omega ratio: Gain probability vs. loss probability	1.30	1.25	+0.04
Calmar ratio: Return relative to maximum drawdown	1.71	2.57	-0.86
Martin ratio: Return relative to average drawdown	7.44	6.24	+1.20
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XHYF vs. THY - Sharpe Ratio Comparison

The current XHYF Sharpe Ratio is 1.57, which is comparable to the THY Sharpe Ratio of 1.40. The chart below compares the historical Sharpe Ratios of XHYF and THY, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	XHYF	THY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.57	1.40	+0.17
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.39	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.73	0.49	+0.24

Drawdowns

XHYF vs. THY - Drawdown Comparison

The maximum XHYF drawdown since its inception was -12.92%, which is greater than THY's maximum drawdown of -8.56%. Use the drawdown chart below to compare losses from any high point for XHYF and THY.

Drawdown Indicators

	XHYF	THY	Difference
Max Drawdown Largest peak-to-trough decline	-12.92%	-8.56%	-4.36%
Max Drawdown (1Y) Largest decline over 1 year	-3.22%	-1.60%	-1.62%
Max Drawdown (3Y) Largest decline over 3 years	-4.19%	-2.74%	-1.45%
Max Drawdown (5Y) Largest decline over 5 years	—	-8.56%	—
Current Drawdown Current decline from peak	-0.61%	-0.66%	+0.05%
Average Drawdown Average peak-to-trough decline	-2.54%	-2.61%	+0.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.74%	0.66%	+0.08%

Volatility

XHYF vs. THY - Volatility Comparison

BondBloxx US High Yield Financial & REIT Sector ETF (XHYF) and Agility Shares Dynamic Tactical Income ETF (THY) have volatilities of 0.94% and 0.94%, 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.

Volatility by Period

	XHYF	THY	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.94%	0.94%	0.00%
Volatility (6M) Calculated over the trailing 6-month period	2.58%	1.87%	+0.71%
Volatility (1Y) Calculated over the trailing 1-year period	3.52%	2.97%	+0.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.14%	4.55%	+2.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.14%	4.48%	+2.66%

XHYF vs. THY - Expense Ratio Comparison

XHYF has a 0.35% expense ratio, which is lower than THY's 1.36% expense ratio.

Dividends

XHYF vs. THY - Dividend Comparison

XHYF's dividend yield for the trailing twelve months is around 6.27%, more than THY's 5.39% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
THY Agility Shares Dynamic Tactical Income ETF	5.39%	6.00%	5.09%	4.59%	2.56%	3.46%	2.53%
XHYF BondBloxx US High Yield Financial & REIT Sector ETF	6.27%	6.73%	7.11%	7.00%	5.47%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XHYF and THY in my portfolio?

XHYF and THY have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XHYF or THY?

THY has higher volatility (0.94%) compared to XHYF (0.94%). In terms of maximum drawdown, XHYF dropped -12.92% vs THY's -8.56%.

Which ETF is better, XHYF or THY?

On 3-year performance, XHYF leads with 9.29% vs 5.33% for THY. On fees, XHYF is cheaper at 0.35% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XHYF or THY?

Over the 3-year period, XHYF has performed better with a 9.29% return vs 5.33%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XHYF or THY?

XHYF is cheaper with a 0.35% expense ratio, compared with 1.36% for THY.

Which ETF pays a higher dividend yield, XHYF or THY?

XHYF has the higher dividend yield at 6.27%, compared with 5.39% for THY.

What is the main difference between XHYF and THY?

They also come from different issuers: BondBloxx and Toews Corp.. Their fees differ too: 0.35% for XHYF and 1.36% for THY.

Which has better risk-adjusted returns?

XHYF currently has the higher Sharpe Ratio (1.57 vs 1.40), 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.