YLD vs. BKHY
Compare and contrast key facts about Principal Active High Yield ETF (YLD) and BNY Mellon High Yield Beta ETF (BKHY).
YLD and BKHY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. YLD is an actively managed fund by Principal. It was launched on Jul 9, 2015. BKHY is a passively managed fund by The Bank of New York Mellon Corp. that tracks the performance of the Bloomberg US Corporate High Yield Index. It was launched on Apr 24, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: YLD or BKHY.
Correlation
The correlation between YLD and BKHY is 0.40, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
YLD vs. BKHY - Performance Comparison
Loading data...
Key characteristics
YLD:
6.95%
BKHY:
2.04%
YLD:
-28.34%
BKHY:
-0.21%
YLD:
-1.85%
BKHY:
-0.08%
Returns By Period
YLD
0.25%
2.25%
-0.08%
5.96%
7.78%
N/A
BKHY
N/A
N/A
N/A
N/A
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
YLD vs. BKHY - Expense Ratio Comparison
YLD has a 0.39% expense ratio, which is higher than BKHY's 0.22% expense ratio.
Risk-Adjusted Performance
YLD vs. BKHY — Risk-Adjusted Performance Rank
YLD
BKHY
YLD vs. BKHY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal Active High Yield ETF (YLD) and BNY Mellon High Yield Beta ETF (BKHY). 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.
Loading data...
Dividends
YLD vs. BKHY - Dividend Comparison
YLD's dividend yield for the trailing twelve months is around 7.39%, while BKHY has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
YLD Principal Active High Yield ETF | 7.39% | 7.12% | 6.46% | 6.51% | 4.21% | 4.40% | 4.81% | 5.83% | 5.86% | 4.47% | 2.56% |
BKHY BNY Mellon High Yield Beta ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
YLD vs. BKHY - Drawdown Comparison
The maximum YLD drawdown since its inception was -28.34%, which is greater than BKHY's maximum drawdown of -0.21%. Use the drawdown chart below to compare losses from any high point for YLD and BKHY. For additional features, visit the drawdowns tool.
Loading data...
Volatility
YLD vs. BKHY - Volatility Comparison
Loading data...