PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
YLD vs. IHY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between YLD and IHY is 0.39, 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.


-0.50.00.51.00.4

Performance

YLD vs. IHY - Performance Comparison

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

30.00%35.00%40.00%45.00%50.00%55.00%60.00%65.00%JulyAugustSeptemberOctoberNovemberDecember
62.41%
36.17%
YLD
IHY

Key characteristics

Sharpe Ratio

YLD:

1.69

IHY:

0.94

Sortino Ratio

YLD:

2.50

IHY:

1.31

Omega Ratio

YLD:

1.30

IHY:

1.16

Calmar Ratio

YLD:

4.81

IHY:

0.49

Martin Ratio

YLD:

16.98

IHY:

3.92

Ulcer Index

YLD:

0.54%

IHY:

1.34%

Daily Std Dev

YLD:

5.37%

IHY:

5.59%

Max Drawdown

YLD:

-28.34%

IHY:

-27.63%

Current Drawdown

YLD:

-1.38%

IHY:

-5.14%

Returns By Period

In the year-to-date period, YLD achieves a 9.13% return, which is significantly higher than IHY's 3.94% return.


YLD

YTD

9.13%

1M

-0.31%

6M

4.66%

1Y

8.89%

5Y*

4.63%

10Y*

N/A

IHY

YTD

3.94%

1M

-0.16%

6M

3.48%

1Y

4.75%

5Y*

1.20%

10Y*

3.15%

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. IHY - Expense Ratio Comparison

YLD has a 0.39% expense ratio, which is lower than IHY's 0.40% expense ratio.


IHY
VanEck Vectors International High Yield Bond ETF
Expense ratio chart for IHY: current value at 0.40% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.40%
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%

Risk-Adjusted Performance

YLD vs. IHY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Principal Active High Yield ETF (YLD) and VanEck Vectors International High Yield Bond ETF (IHY). 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 market0.002.004.001.690.94
The chart of Sortino ratio for YLD, currently valued at 2.50, compared to the broader market-2.000.002.004.006.008.0010.002.501.31
The chart of Omega ratio for YLD, currently valued at 1.30, compared to the broader market0.501.001.502.002.503.001.301.16
The chart of Calmar ratio for YLD, currently valued at 4.81, compared to the broader market0.005.0010.0015.004.810.49
The chart of Martin ratio for YLD, currently valued at 16.98, compared to the broader market0.0020.0040.0060.0080.00100.0016.983.92
YLD
IHY

The current YLD Sharpe Ratio is 1.69, which is higher than the IHY Sharpe Ratio of 0.94. The chart below compares the historical Sharpe Ratios of YLD and IHY, 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 Ratio1.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
1.69
0.94
YLD
IHY

Dividends

YLD vs. IHY - Dividend Comparison

YLD's dividend yield for the trailing twelve months is around 7.02%, more than IHY's 5.56% yield.


TTM20232022202120202019201820172016201520142013
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%0.00%0.00%
IHY
VanEck Vectors International High Yield Bond ETF
5.56%5.27%4.98%4.55%4.65%4.87%4.70%4.37%5.10%5.79%5.74%6.48%

Drawdowns

YLD vs. IHY - Drawdown Comparison

The maximum YLD drawdown since its inception was -28.34%, roughly equal to the maximum IHY drawdown of -27.63%. Use the drawdown chart below to compare losses from any high point for YLD and IHY. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-1.38%
-5.14%
YLD
IHY

Volatility

YLD vs. IHY - Volatility Comparison

Principal Active High Yield ETF (YLD) and VanEck Vectors International High Yield Bond ETF (IHY) have volatilities of 1.65% and 1.64%, 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.


1.00%1.20%1.40%1.60%1.80%2.00%2.20%JulyAugustSeptemberOctoberNovemberDecember
1.65%
1.64%
YLD
IHY
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


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.

Copyright © 2024 PortfoliosLab