HYLB vs VOO
HYLB vs VOO
Xtrackers USD High Yield Corporate Bond ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. HYLB offers more diversification with 1053 holdings.
Side-by-Side Comparison
| Metric | HYLB | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.05% | 0.03% | |
| AUM | $3.5B | $979.0B | |
| Dividend Yield | 6.47% | 1.09% | |
| Holdings | 1,268 | 509 | |
| YTD Return | +1.71% | +13.53% | |
| 1Y Return | +4.93% | +23.65% | |
| 3Y Return (annualized) | +8.34% | +21.27% | |
| 5Y Return (annualized) | +3.93% | +13.52% | |
| Volatility (annualized) | 7.4% | 14.1% | |
| Max Drawdown | -24.7% | -34.3% | |
| Fund Family | Xtrackers ETFs | Vanguard (US) | |
| Category | Fixed Income | Equity | |
| Inception | Dec 6, 2016 | Sep 7, 2010 |
HYLB vs VOO Performance
Xtrackers USD High Yield Corporate Bond ETF (HYLB) is a ETF from Xtrackers ETFs and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year HYLB returned +4.93% while VOO returned +23.65%. Year to date, HYLB is up 1.71% versus a gain of 13.53% for VOO.
Over three years, HYLB compounded at +8.34% per year against +21.27% for VOO; over five years the annualized figures are +3.93% and +13.52% respectively. Across the full 10-year window we track, VOO has the edge at +13.57% annualized vs +2.17%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 7.4% for HYLB. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -24.7% for HYLB and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
HYLB charges 0.05% per year while VOO charges 0.03%. On a $10,000 position that is $5 vs $3 annually, a gap of $2 per year that compounds over a long holding period. On income, HYLB currently yields 6.47% against 1.09% for VOO.
Holdings Overlap
HYLB and VOO share 0 holdings out of 1558 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, HYLB or VOO?
HYLB has an expense ratio of 0.05% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $2 per year of difference.
Which performed better, HYLB or VOO?
Over the past year HYLB returned +4.93% vs +23.65% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (10 years), HYLB annualized +2.17% vs +13.57% for VOO. Past performance does not guarantee future results.
Which is riskier, HYLB or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 7.4% for HYLB. Worst drawdown: HYLB -24.7% vs VOO -34.3%.
Should I hold both HYLB and VOO?
HYLB and VOO have a monthly-return correlation of 0.82, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between HYLB and VOO?
HYLB and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 1558 unique securities.
Which pays a higher dividend, HYLB or VOO?
HYLB yields 6.47% while VOO yields 1.09%, so HYLB currently pays the higher dividend yield.
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