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HYBX vs GTOQ
TCW High Yield Bond ETF vs Invesco High Yield Systematic Bond ETF
Key differences
- GTOQ costs 0.11% less per year.
- GTOQ is significantly larger than HYBX — larger funds tend to be more liquid and less likely to close.
- HYBX is classified as fixed income, while GTOQ is alternative — different risk/return profiles.
- HYBX follows a index tracking strategy; GTOQ uses multi strategy.
- HYBX has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| HYBX | GTOQ | |
|---|---|---|
| Annual cost (TER) | 0.50% | 0.39% |
| Fund size (AUM) | $33M | $162M |
| Since | 1993 | 2020 |
| Dividend yield | 7.49% | 6.92% |
| Asset class | fixed income | alternative |
| Region | north america | north america |
| Strategy | index tracking | multi strategy |
| CAGR 1Y | +7.0% | +8.0% |
| CAGR 3Y | N/A | +9.3% |
| CAGR 5Y | N/A | +4.0% |
| Sharpe 3Y | N/A | 1.13 |
| Volatility 1Y | 6.71% | 3.76% |
| Max drawdown | -3.93% | -15.96% |
Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.
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