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YLD vs. BNDW
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between YLD and BNDW is 0.23, 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.


-0.50.00.51.00.2

Performance

YLD vs. BNDW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Principal Active High Yield ETF (YLD) and Vanguard Total World Bond ETF (BNDW). The values are adjusted to include any dividend payments, if applicable.

0.00%10.00%20.00%30.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
34.73%
9.24%
YLD
BNDW

Key characteristics

Sharpe Ratio

YLD:

1.69

BNDW:

0.57

Sortino Ratio

YLD:

2.50

BNDW:

0.83

Omega Ratio

YLD:

1.30

BNDW:

1.10

Calmar Ratio

YLD:

4.81

BNDW:

0.24

Martin Ratio

YLD:

16.98

BNDW:

1.81

Ulcer Index

YLD:

0.54%

BNDW:

1.41%

Daily Std Dev

YLD:

5.37%

BNDW:

4.49%

Max Drawdown

YLD:

-28.34%

BNDW:

-17.22%

Current Drawdown

YLD:

-1.38%

BNDW:

-6.24%

Returns By Period

In the year-to-date period, YLD achieves a 9.13% return, which is significantly higher than BNDW's 2.55% return.


YLD

YTD

9.13%

1M

-0.31%

6M

4.66%

1Y

8.89%

5Y*

4.63%

10Y*

N/A

BNDW

YTD

2.55%

1M

0.24%

6M

2.55%

1Y

2.62%

5Y*

-0.08%

10Y*

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. BNDW - Expense Ratio Comparison

YLD has a 0.39% expense ratio, which is higher than BNDW's 0.06% expense ratio.


YLD
Principal Active High Yield ETF
Expense ratio chart for YLD: current value at 0.39% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.39%
Expense ratio chart for BNDW: current value at 0.06% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.06%

Risk-Adjusted Performance

YLD vs. BNDW - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Principal Active High Yield ETF (YLD) and Vanguard Total World Bond ETF (BNDW). 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.


Sharpe ratio
The chart of Sharpe ratio for YLD, currently valued at 1.69, compared to the broader market0.002.004.001.690.57
The chart of Sortino ratio for YLD, currently valued at 2.50, compared to the broader market-2.000.002.004.006.008.0010.002.500.83
The chart of Omega ratio for YLD, currently valued at 1.30, compared to the broader market0.501.001.502.002.503.001.301.10
The chart of Calmar ratio for YLD, currently valued at 4.81, compared to the broader market0.005.0010.0015.004.810.24
The chart of Martin ratio for YLD, currently valued at 16.98, compared to the broader market0.0020.0040.0060.0080.00100.0016.981.81
YLD
BNDW

The current YLD Sharpe Ratio is 1.69, which is higher than the BNDW Sharpe Ratio of 0.57. The chart below compares the historical Sharpe Ratios of YLD and BNDW, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
1.69
0.57
YLD
BNDW

Dividends

YLD vs. BNDW - Dividend Comparison

YLD's dividend yield for the trailing twelve months is around 7.02%, more than BNDW's 4.19% yield.


TTM202320222021202020192018201720162015
YLD
Principal Active High Yield ETF
7.02%6.46%6.50%4.22%4.40%4.81%5.82%5.86%4.83%2.56%
BNDW
Vanguard Total World Bond ETF
2.71%3.73%2.02%2.58%1.56%3.05%1.66%0.00%0.00%0.00%

Drawdowns

YLD vs. BNDW - Drawdown Comparison

The maximum YLD drawdown since its inception was -28.34%, which is greater than BNDW's maximum drawdown of -17.22%. Use the drawdown chart below to compare losses from any high point for YLD and BNDW. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-1.38%
-6.24%
YLD
BNDW

Volatility

YLD vs. BNDW - Volatility Comparison

Principal Active High Yield ETF (YLD) has a higher volatility of 1.65% compared to Vanguard Total World Bond ETF (BNDW) at 1.28%. This indicates that YLD's price experiences larger fluctuations and is considered to be riskier than BNDW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.80%1.00%1.20%1.40%1.60%1.80%2.00%2.20%JulyAugustSeptemberOctoberNovemberDecember
1.65%
1.28%
YLD
BNDW
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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