BWG vs HYI

Comparison between BrandywineGLOBAL - Global Income Opportunities Fund Inc (BWG, ETF) and Western Asset High Yield Defined Opportunity Fund Inc (HYI, ETF).

5-Year PerformanceBWG has outperformed HYI, delivering a return of +1.8% compared to +1.7%

BWG vs HYI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BWG(ETF)	HYI(ETF)
Net Assets	$149M	$149M
Max Drawdown	67.84%	48.50%
Sharpe Ratio	0.62	-0.63
5Y Beta	0.34	0.24
5Y Dividends CAGR	1.61%	1.72%

Net Assets

BWG

$149M

Winner

HYI

$149M

Max Drawdown

BWG

67.84%

Winner

HYI

48.50%

Sharpe Ratio

Winner

BWG

0.62

HYI

-0.63

5Y Beta

BWG

0.34

Winner

HYI

0.24

5Y Dividends CAGR

BWG

1.61%

Winner

HYI

1.72%

BWG vs HYI - Historical Returns

Returns include dividend reinvestment.

Period	BWG	HYI
1 month	+0.27%	+0.29%
3 months	+4.15%	+0.52%
6 months	+0.52%	+1.53%
1 year	+9.58%	-0.86%
5 years(CAGR)	+1.79%	+1.75%
10 years(CAGR)	+4.94%	+5.35%
Max(CAGR)	+3.17%	+4.62%

BWG

+0.27%

Winner

HYI

+0.29%

Winner

BWG

+4.15%

HYI

+0.52%

BWG

+0.52%

Winner

HYI

+1.53%

Winner

BWG

+9.58%

HYI

-0.86%

5Y(CAGR)

Winner

BWG

+1.79%

HYI

+1.75%

10Y(CAGR)

BWG

+4.94%

Winner

HYI

+5.35%

Max(CAGR)

BWG

+3.17%

Winner

HYI

+4.62%

BWG vs HYI - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	BWG	HYI
2026	+0.05%	-0.51%
2025	+16.63%	+3.47%
2024	+8.11%	+7.19%
2023	+15.67%	+7.84%
2022	-21.86%	-13.47%
2021	+2.00%	+10.82%
2020	+4.50%	+7.09%
2019	+30.08%	+26.70%
2018	-12.62%	-6.90%
2017	+16.07%	+8.07%
2016	+12.89%	+17.18%
2015	-20.90%	-2.30%
2014	+7.60%	-4.39%
2013	-9.61%	+3.50%
2012	+6.06%	+18.60%
2011	N/A	-0.27%
2010	N/A	-7.98%

BWG vs HYI Drawdown Comparison

The maximum drawdown for BWG was -35.45%, occurring on Jan 20, 2016. Recovery took 1182 trading sessions.

The maximum drawdown for HYI was -36.03%, occurring on Mar 23, 2020. Recovery took 197 trading sessions.

The current BWG drawdown is -4.09%. The current HYI drawdown is -5.12%.

Rank	BWG	HYI
#1	-35.45% May 9, 2013 - Jan 18, 2018	-36.03% Feb 18, 2020 - Nov 25, 2020
#2	-34.27% Feb 20, 2020 - Jan 28, 2021	-26.34% Nov 5, 2021 - Feb 18, 2025
#3	-34.11% Sep 3, 2021 - Jun 30, 2025	-18.70% Jul 8, 2011 - Jan 25, 2012
#4	-18.97% Jan 25, 2018 - Aug 1, 2019	-18.60% Jun 30, 2014 - Jul 11, 2016
#5	-13.69% May 7, 2012 - Aug 6, 2012	-10.69% May 15, 2013 - May 8, 2014
#6	-12.02% Feb 11, 2026 - Mar 30, 2026	-10.68% Sep 27, 2012 - Mar 13, 2013
#7	-5.70% Sep 17, 2025 - Jan 28, 2026	-9.67% Oct 17, 2018 - Feb 1, 2019
#8	-4.94% Feb 17, 2021 - May 27, 2021	-8.88% Nov 1, 2010 - May 12, 2011
#9	-4.71% Feb 11, 2013 - Apr 9, 2013	-8.19% Sep 16, 2025 - Mar 30, 2026
#10	-4.44% Aug 7, 2012 - Sep 6, 2012	-7.44% Mar 30, 2012 - Jul 9, 2012
#11	-4.37% Nov 12, 2012 - Dec 11, 2012	-6.52% Sep 30, 2016 - Jan 3, 2017
#12	-3.10% Jun 9, 2021 - Aug 30, 2021	-5.74% Feb 25, 2025 - May 29, 2025
#13	-3.09% Oct 23, 2012 - Nov 9, 2012	-4.59% Oct 13, 2017 - Oct 17, 2018
#14	-2.00% Jul 9, 2025 - Aug 4, 2025	-4.13% Aug 1, 2019 - Sep 18, 2019
#15	-1.80% Aug 16, 2019 - Sep 24, 2019	-4.01% May 3, 2019 - Jun 19, 2019

Correlation

Correlation between BWG and HYI is 0.90 which considered as a strong positive correlation - the stocks tend to move together.

0.90

-101

Dividend Comparison (2010 - 2026)

BWG vs HYI dividend yield comparison.

Year	BWG	HYI
2026	5.02%	4.47%
2025	11.47%	10.22%
2024	12.00%	9.64%
2023	11.73%	9.40%
2022	13.25%	9.09%
2021	8.20%	7.19%
2020	6.81%	7.35%
2019	6.55%	6.87%
2018	8.70%	8.10%
2017	8.35%	7.81%
2016	10.31%	8.73%
2015	16.41%	9.36%
2014	8.95%	8.75%
2013	10.28%	8.98%
2012	4.64%	9.52%
2011	0.00%	10.65%
2010	0.00%	0.80%