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IYY vs YLD

iShares Dow Jones U.S. ETF vs Principal Active High Yield ETF

IYY

iShares Dow Jones U.S. ETF

Annual cost

0.20%

Fund size

$3.0B

YLD

Principal Active High Yield ETF

Annual cost

0.39%

Fund size

$545M

Key differences

IYY is an equity ETF, while YLD is an alternative ETF. IYY charges 0.20% a year and YLD 0.39%.

  • IYY is an equity fund, while YLD is an alternative fund. They carry different risk/return profiles.
  • IYY follows a index tracking strategy; YLD uses multi strategy.
  • IYY covers North America; YLD covers global markets.
  • IYY costs 0.19% less per year.
  • IYY is much larger than YLD. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, IYY has delivered higher annualized returns.
  • IYY has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

IYYYLD
Annual cost (TER)0.20%0.39%
Fund size (AUM)$3.0B$545M
Since20002015
Dividend yield0.87%7.29%
Asset classequityalternative
Regionnorth americaglobal
Strategyindex trackingmulti strategy
CAGR 1Y+24.6%+6.9%
CAGR 3Y+22.2%+9.1%
CAGR 5Y+12.5%+4.9%
Sharpe 3Y1.170.92
Volatility 1Y12.31%4.35%
Max drawdown-34.90%-28.34%

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