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XHYT vs. HYGH
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between XHYT and HYGH is 0.68, 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

XHYT vs. HYGH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BondBloxx US High Yield Telecom Media Technology Sector ETF (XHYT) and iShares Interest Rate Hedged High Yield Bond ETF (HYGH). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

XHYT:

1.99

HYGH:

1.15

Sortino Ratio

XHYT:

2.91

HYGH:

1.45

Omega Ratio

XHYT:

1.43

HYGH:

1.30

Calmar Ratio

XHYT:

2.95

HYGH:

1.08

Martin Ratio

XHYT:

14.46

HYGH:

6.56

Ulcer Index

XHYT:

0.89%

HYGH:

1.33%

Daily Std Dev

XHYT:

6.67%

HYGH:

7.69%

Max Drawdown

XHYT:

-13.49%

HYGH:

-23.88%

Current Drawdown

XHYT:

0.00%

HYGH:

0.00%

Returns By Period

In the year-to-date period, XHYT achieves a 2.74% return, which is significantly higher than HYGH's 2.10% return.


XHYT

YTD

2.74%

1M

4.31%

6M

3.05%

1Y

13.15%

5Y*

N/A

10Y*

N/A

HYGH

YTD

2.10%

1M

4.49%

6M

2.88%

1Y

8.75%

5Y*

8.88%

10Y*

5.08%

*Annualized

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XHYT vs. HYGH - Expense Ratio Comparison

XHYT has a 0.35% expense ratio, which is lower than HYGH's 0.53% expense ratio.


Risk-Adjusted Performance

XHYT vs. HYGH — Risk-Adjusted Performance Rank

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

XHYT
The Risk-Adjusted Performance Rank of XHYT is 9595
Overall Rank
The Sharpe Ratio Rank of XHYT is 9595
Sharpe Ratio Rank
The Sortino Ratio Rank of XHYT is 9494
Sortino Ratio Rank
The Omega Ratio Rank of XHYT is 9494
Omega Ratio Rank
The Calmar Ratio Rank of XHYT is 9595
Calmar Ratio Rank
The Martin Ratio Rank of XHYT is 9595
Martin Ratio Rank

HYGH
The Risk-Adjusted Performance Rank of HYGH is 8585
Overall Rank
The Sharpe Ratio Rank of HYGH is 8585
Sharpe Ratio Rank
The Sortino Ratio Rank of HYGH is 7979
Sortino Ratio Rank
The Omega Ratio Rank of HYGH is 8989
Omega Ratio Rank
The Calmar Ratio Rank of HYGH is 8282
Calmar Ratio Rank
The Martin Ratio Rank of HYGH is 8888
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.

XHYT vs. HYGH - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for BondBloxx US High Yield Telecom Media Technology Sector ETF (XHYT) 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.


The current XHYT Sharpe Ratio is 1.99, which is higher than the HYGH Sharpe Ratio of 1.15. The chart below compares the historical Sharpe Ratios of XHYT 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.


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Dividends

XHYT vs. HYGH - Dividend Comparison

XHYT's dividend yield for the trailing twelve months is around 7.82%, more than HYGH's 7.43% yield.


TTM20242023202220212020201920182017201620152014
XHYT
BondBloxx US High Yield Telecom Media Technology Sector ETF
7.82%8.04%7.54%5.72%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
7.43%7.85%8.95%6.21%3.74%4.06%4.89%6.45%4.79%4.60%5.75%3.62%

Drawdowns

XHYT vs. HYGH - Drawdown Comparison

The maximum XHYT drawdown since its inception was -13.49%, smaller than the maximum HYGH drawdown of -23.88%. Use the drawdown chart below to compare losses from any high point for XHYT and HYGH. For additional features, visit the drawdowns tool.


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Volatility

XHYT vs. HYGH - Volatility Comparison

The current volatility for BondBloxx US High Yield Telecom Media Technology Sector ETF (XHYT) is 1.77%, while iShares Interest Rate Hedged High Yield Bond ETF (HYGH) has a volatility of 1.89%. This indicates that XHYT experiences smaller price fluctuations and is considered to be less risky than HYGH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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