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GTOQ vs SHYG

Invesco High Yield Systematic Bond ETF vs iShares 0-5 Year High Yield Corporate Bond ETF

GTOQ

Invesco High Yield Systematic Bond ETF

Annual cost

0.39%

Fund size

$165M

SHYG

iShares 0-5 Year High Yield Corporate Bond ETF

Annual cost

0.30%

Fund size

$7.6B

Key differences

Both GTOQ and SHYG are fixed income ETFs. GTOQ charges 0.39% a year and SHYG 0.30%. The main difference: GTOQ follows a multi strategy strategy; SHYG uses index tracking.

  • GTOQ follows a multi strategy strategy; SHYG uses index tracking.
  • SHYG costs 0.09% less per year.
  • SHYG is much larger than GTOQ. Larger funds are usually more liquid and less likely to close.
  • SHYG has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

GTOQSHYG
Annual cost (TER)0.39%0.30%
Fund size (AUM)$165M$7.6B
Since20202013
Dividend yield6.80%6.99%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategymulti strategyindex tracking
CAGR 1Y+6.8%+6.6%
CAGR 3Y+9.1%+8.3%
CAGR 5Y+4.0%+4.9%
Sharpe 3Y1.081.03
Volatility 1Y3.65%3.20%
Max drawdown-15.96%-19.27%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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