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HYBX vs GTO

TCW High Yield Bond ETF vs Invesco Total Return Bond ETF

HYBX

TCW High Yield Bond ETF

Annual cost

0.50%

Fund size

$32M

GTO

Invesco Total Return Bond ETF

Annual cost

0.35%

Fund size

$2.3B

Key differences

Both HYBX and GTO are fixed income ETFs. HYBX charges 0.50% a year and GTO 0.35%. The main difference: HYBX covers global markets excluding the US; GTO covers North America.

  • HYBX covers global markets excluding the US; GTO covers North America.
  • GTO costs 0.15% less per year.
  • GTO is much larger than HYBX. Larger funds are usually more liquid and less likely to close.
  • HYBX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

HYBXGTO
Annual cost (TER)0.50%0.35%
Fund size (AUM)$32M$2.3B
Since19932016
Dividend yield7.53%4.75%
Asset classfixed incomefixed income
Regionglobal ex usnorth america
Strategyactive selectionactive selection
CAGR 1Y+5.5%+5.5%
CAGR 3YN/A+4.6%
CAGR 5YN/A+0.0%
Sharpe 3YN/A0.21
Volatility 1Y6.64%3.43%
Max drawdown-3.93%-20.75%

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

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