Screener
HYBX vs YLD
TCW High Yield Bond ETF vs Principal Active High Yield ETF
Key differences
HYBX is a fixed income ETF, while YLD is an alternative ETF. HYBX charges 0.50% a year and YLD 0.39%.
- HYBX is a fixed income fund, while YLD is an alternative fund. They carry different risk/return profiles.
- HYBX follows a active selection strategy; YLD uses multi strategy.
- HYBX covers global markets excluding the US; YLD covers global markets.
- YLD costs 0.11% less per year.
- YLD 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
| HYBX | YLD | |
|---|---|---|
| Annual cost (TER) | 0.50% | 0.39% |
| Fund size (AUM) | $32M | $545M |
| Since | 1993 | 2015 |
| Dividend yield | 7.53% | 7.29% |
| Asset class | fixed income | alternative |
| Region | global ex us | global |
| Strategy | active selection | multi strategy |
| CAGR 1Y | +5.3% | +6.9% |
| CAGR 3Y | N/A | +9.1% |
| CAGR 5Y | N/A | +4.9% |
| Sharpe 3Y | N/A | 0.92 |
| Volatility 1Y | 6.64% | 4.35% |
| Max drawdown | -3.93% | -28.34% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.