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XHYH vs. PYHRX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between XHYH and PYHRX is 0.52, 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

XHYH vs. PYHRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BondBloxx US High Yield Healthcare Sector ETF (XHYH) and Payden High Income Fund (PYHRX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

XHYH:

1.21

PYHRX:

1.70

Sortino Ratio

XHYH:

1.84

PYHRX:

2.04

Omega Ratio

XHYH:

1.32

PYHRX:

1.33

Calmar Ratio

XHYH:

2.27

PYHRX:

1.29

Martin Ratio

XHYH:

9.34

PYHRX:

5.09

Ulcer Index

XHYH:

1.00%

PYHRX:

1.07%

Daily Std Dev

XHYH:

7.77%

PYHRX:

3.66%

Max Drawdown

XHYH:

-17.84%

PYHRX:

-30.12%

Current Drawdown

XHYH:

0.00%

PYHRX:

-0.48%

Returns By Period

In the year-to-date period, XHYH achieves a 3.61% return, which is significantly higher than PYHRX's 1.55% return.


XHYH

YTD

3.61%

1M

1.75%

6M

2.68%

1Y

9.37%

3Y*

5.86%

5Y*

N/A

10Y*

N/A

PYHRX

YTD

1.55%

1M

1.58%

6M

0.87%

1Y

6.13%

3Y*

5.41%

5Y*

5.42%

10Y*

3.95%

*Annualized

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Payden High Income Fund

XHYH vs. PYHRX - Expense Ratio Comparison

XHYH has a 0.35% expense ratio, which is lower than PYHRX's 0.60% expense ratio.


Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

XHYH vs. PYHRX — Risk-Adjusted Performance Rank

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

XHYH
The Risk-Adjusted Performance Rank of XHYH is 8989
Overall Rank
The Sharpe Ratio Rank of XHYH is 8383
Sharpe Ratio Rank
The Sortino Ratio Rank of XHYH is 8686
Sortino Ratio Rank
The Omega Ratio Rank of XHYH is 9090
Omega Ratio Rank
The Calmar Ratio Rank of XHYH is 9494
Calmar Ratio Rank
The Martin Ratio Rank of XHYH is 9292
Martin Ratio Rank

PYHRX
The Risk-Adjusted Performance Rank of PYHRX is 8686
Overall Rank
The Sharpe Ratio Rank of PYHRX is 8888
Sharpe Ratio Rank
The Sortino Ratio Rank of PYHRX is 8686
Sortino Ratio Rank
The Omega Ratio Rank of PYHRX is 8888
Omega Ratio Rank
The Calmar Ratio Rank of PYHRX is 8585
Calmar Ratio Rank
The Martin Ratio Rank of PYHRX is 8484
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

XHYH vs. PYHRX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for BondBloxx US High Yield Healthcare Sector ETF (XHYH) and Payden High Income Fund (PYHRX). 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.


The current XHYH Sharpe Ratio is 1.21, which is comparable to the PYHRX Sharpe Ratio of 1.70. The chart below compares the historical Sharpe Ratios of XHYH and PYHRX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

XHYH vs. PYHRX - Dividend Comparison

XHYH's dividend yield for the trailing twelve months is around 7.01%, more than PYHRX's 5.88% yield.


TTM20242023202220212020201920182017201620152014
XHYH
BondBloxx US High Yield Healthcare Sector ETF
7.01%6.95%7.73%6.99%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
PYHRX
Payden High Income Fund
5.88%5.17%5.26%4.56%3.79%4.16%4.17%4.41%4.62%4.28%4.38%8.38%

Drawdowns

XHYH vs. PYHRX - Drawdown Comparison

The maximum XHYH drawdown since its inception was -17.84%, smaller than the maximum PYHRX drawdown of -30.12%. Use the drawdown chart below to compare losses from any high point for XHYH and PYHRX.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

XHYH vs. PYHRX - Volatility Comparison

The current volatility for BondBloxx US High Yield Healthcare Sector ETF (XHYH) is 1.05%, while Payden High Income Fund (PYHRX) has a volatility of 1.13%. This indicates that XHYH experiences smaller price fluctuations and is considered to be less risky than PYHRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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