CGHY vs MKTN
Comparison between CAPITAL GROUP HIGH YIELD BOND ETF SHARE CLASS (CGHY, ETF) and FEDERATED HERMES MDT MARKET NEUTRAL ETF (MKTN, ETF).
CGHY vs MKTN - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
CGHY
$94M
MKTN
$94M
Expense Ratio
Winner
CGHY
0.39%
MKTN
1.94%
Max Drawdown
Winner
CGHY
3.01%
MKTN
4.13%
Sharpe Ratio
Winner
CGHY
0.68
MKTN
0.20
5Y Beta
CGHY
0.19
Winner
MKTN
0.02
CGHY vs MKTN - Historical Returns
Returns include dividend reinvestment.
1M
CGHY
+0.56%
Winner
MKTN
+0.88%
3M
Winner
CGHY
+2.29%
MKTN
-0.75%
6M
Winner
CGHY
+2.59%
MKTN
+1.37%
1Y
CGHY
+5.89%
MKTN
N/A
Max(CAGR)
Winner
CGHY
+6.14%
MKTN
+5.49%
CGHY vs MKTN - Annual Returns (2025 - 2026)
Returns include dividend reinvestment.
| Year | CGHY | MKTN |
|---|---|---|
| 2026 | +2.07% | +0.98% |
| 2025 | +3.77% | +3.53% |
CGHY vs MKTN Drawdown Comparison
The maximum drawdown for CGHY was -2.38%, occurring on Mar 27, 2026. Recovery took 36 trading sessions.
The maximum drawdown for MKTN was -4.13%, occurring on Apr 21, 2026. This drawdown has not yet recovered.
The current CGHY drawdown is -0.20%. The current MKTN drawdown is -1.57%.
| Rank | CGHY | MKTN |
|---|---|---|
| #1 | -2.38% Feb 20, 2026 - Apr 14, 2026 | -4.13% Apr 1, 2026 - Apr 21, 2026 |
| #2 | -1.02% Oct 28, 2025 - Nov 28, 2025 | -3.26% Dec 19, 2025 - Feb 11, 2026 |
| #3 | -0.90% Oct 1, 2025 - Oct 20, 2025 | -2.78% Sep 30, 2025 - Oct 30, 2025 |
| #4 | -0.86% May 6, 2026 - May 26, 2026 | -1.07% Feb 17, 2026 - Mar 25, 2026 |
| #5 | -0.71% May 29, 2026 - Jun 8, 2026 | -0.86% Nov 11, 2025 - Dec 5, 2025 |
| #6 | -0.67% Apr 17, 2026 - May 6, 2026 | -0.78% Oct 30, 2025 - Nov 7, 2025 |
| #7 | -0.56% Jul 1, 2025 - Jul 22, 2025 | -0.65% Mar 25, 2026 - Apr 1, 2026 |
| #8 | -0.39% Aug 13, 2025 - Aug 22, 2025 | -0.35% Dec 15, 2025 - Dec 19, 2025 |
| #9 | -0.36% Jul 29, 2025 - Aug 4, 2025 | -0.09% Dec 5, 2025 - Dec 9, 2025 |
| #10 | -0.35% Dec 3, 2025 - Dec 23, 2025 | -0.06% Feb 11, 2026 - Feb 13, 2026 |
| #11 | -0.35% Sep 19, 2025 - Sep 29, 2025 | -0.03% Sep 26, 2025 - Sep 30, 2025 |
| #12 | -0.32% Oct 20, 2025 - Oct 24, 2025 | N/A |
| #13 | -0.24% Jan 15, 2026 - Feb 9, 2026 | N/A |
| #14 | -0.22% Feb 13, 2026 - Feb 18, 2026 | N/A |
| #15 | -0.20% Sep 29, 2025 - Oct 1, 2025 | N/A |
Correlation
Correlation between CGHY and MKTN is 0.76 which considered as a strong positive correlation - the stocks tend to move together.
0.76
-101
Dividend Comparison (2025 - 2026)
CGHY vs MKTN dividend yield comparison.
| Year | CGHY | MKTN |
|---|---|---|
| 2026 | 1.99% | 0.00% |
| 2025 | 3.09% | 0.51% |
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