FYEE vs GHYG

Comparison between FIDELITY YIELD ENHANCED EQUITY ETF (FYEE, ETF) and ISHARES US & INTL HIGH YIELD CORP BOND ETF (GHYG, ETF).

FYEE vs GHYG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FYEE(ETF)	GHYG(ETF)
Net Assets	$199M	$199M
Expense Ratio	0.28%	0.40%
Max Drawdown	20.67%	34.19%
Sharpe Ratio	1.55	0.06
5Y Beta	0.79	0.20
P/E Ratio	27.05	N/A
Forward P/E	20.17	N/A
PEG Ratio	0.33	N/A
5Y Dividends CAGR	N/A	4.45%
5Y EPS CAGR	28.21%	N/A
Debt to Equity	44.47%	N/A
P/S Ratio	3.59	N/A
P/B Ratio	5.45	N/A

Net Assets

FYEE

$199M

Winner

GHYG

$199M

Expense Ratio

Winner

FYEE

0.28%

GHYG

0.40%

Max Drawdown

Winner

FYEE

20.67%

GHYG

34.19%

Sharpe Ratio

Winner

FYEE

1.55

GHYG

0.06

5Y Beta

FYEE

0.79

Winner

GHYG

0.20

P/E Ratio

FYEE

27.05

GHYG

N/A

Forward P/E

FYEE

20.17

GHYG

N/A

PEG Ratio

FYEE

0.33

GHYG

N/A

5Y Dividends CAGR

FYEE

N/A

GHYG

4.45%

5Y EPS CAGR

FYEE

28.21%

GHYG

N/A

Debt to Equity

FYEE

44.47%

GHYG

N/A

P/S Ratio

FYEE

3.59

GHYG

N/A

P/B Ratio

FYEE

5.45

GHYG

N/A

FYEE vs GHYG - Historical Returns

Returns include dividend reinvestment.

Period	FYEE	GHYG
1 month	+1.89%	+0.18%
3 months	+6.34%	+0.11%
6 months	+8.39%	+0.17%
1 year	+21.06%	+3.76%
5 years(CAGR)	N/A	+3.39%
10 years(CAGR)	N/A	+4.56%
Max(CAGR)	+16.72%	+4.54%

Winner

FYEE

+1.89%

GHYG

+0.18%

Winner

FYEE

+6.34%

GHYG

+0.11%

Winner

FYEE

+8.39%

GHYG

+0.17%

Winner

FYEE

+21.06%

GHYG

+3.76%

5Y(CAGR)

FYEE

N/A

GHYG

+3.39%

10Y(CAGR)

FYEE

N/A

GHYG

+4.56%

Max(CAGR)

Winner

FYEE

+16.72%

GHYG

+4.54%

FYEE vs GHYG - Annual Returns (2012 - 2026)

Returns include dividend reinvestment.

Year	FYEE	GHYG
2026	+8.36%	+0.71%
2025	+15.89%	+11.24%
2024	+13.18%	+6.38%
2023	N/A	+13.31%
2022	N/A	-11.97%
2021	N/A	+1.85%
2020	N/A	+6.35%
2019	N/A	+14.32%
2018	N/A	-4.23%
2017	N/A	+8.65%
2016	N/A	+13.79%
2015	N/A	-6.46%
2014	N/A	-2.17%
2013	N/A	+7.28%
2012	N/A	+10.21%

FYEE vs GHYG Drawdown Comparison

The maximum drawdown for FYEE was -18.79%, occurring on Apr 8, 2025. Recovery took 136 trading sessions.

The maximum drawdown for GHYG was -27.37%, occurring on Mar 23, 2020. Recovery took 141 trading sessions.

The current FYEE drawdown is -0.29%. The current GHYG drawdown is -0.62%.

Rank	FYEE	GHYG
#1	-18.79% Jan 27, 2025 - Aug 12, 2025	-27.37% Jan 15, 2020 - Aug 6, 2020
#2	-7.35% Feb 2, 2026 - Apr 15, 2026	-20.44% Sep 15, 2021 - Jun 5, 2024
#3	-6.88% Jul 16, 2024 - Aug 19, 2024	-15.53% Jul 1, 2014 - Jan 4, 2017
#4	-3.98% Jun 2, 2026 - Jul 6, 2026	-7.88% Jan 26, 2018 - Feb 27, 2019
#5	-3.95% Nov 12, 2025 - Nov 28, 2025	-5.68% May 14, 2013 - Oct 17, 2013
#6	-3.59% Apr 11, 2024 - May 9, 2024	-4.70% May 1, 2012 - Aug 1, 2012
#7	-3.33% Aug 30, 2024 - Sep 16, 2024	-4.15% Mar 19, 2025 - Apr 23, 2025
#8	-3.21% Dec 6, 2024 - Jan 23, 2025	-3.84% Jan 27, 2026 - Mar 27, 2026
#9	-2.56% Oct 8, 2025 - Oct 20, 2025	-3.07% Sep 1, 2020 - Oct 12, 2020
#10	-2.31% Jan 9, 2026 - Jan 27, 2026	-2.67% Apr 29, 2021 - May 7, 2021
#11	-1.68% Dec 10, 2025 - Dec 22, 2025	-2.49% Sep 26, 2024 - Feb 5, 2025
#12	-1.67% Nov 12, 2024 - Nov 26, 2024	-2.14% Oct 12, 2020 - Nov 5, 2020
#13	-1.40% Oct 18, 2024 - Nov 6, 2024	-2.10% Apr 23, 2019 - Jun 19, 2019
#14	-1.32% Nov 3, 2025 - Nov 10, 2025	-1.97% Sep 14, 2012 - Oct 17, 2012
#15	-1.18% Jul 15, 2026 - Jul 17, 2026	-1.96% Oct 18, 2012 - Dec 4, 2012

Correlation

Correlation between FYEE and GHYG is 0.93 which considered as a very strong positive correlation - the stocks move almost identically together.

0.93

-101

Dividend Comparison (2012 - 2026)

FYEE vs GHYG dividend yield comparison.

Year	FYEE	GHYG
2026	5.28%	3.08%
2025	7.08%	6.03%
2024	5.45%	6.11%
2023	0.00%	5.60%
2022	0.00%	4.64%
2021	0.00%	4.57%
2020	0.00%	4.36%
2019	0.00%	4.61%
2018	0.00%	5.62%
2017	0.00%	4.60%
2016	0.00%	4.61%
2015	0.00%	4.79%
2014	0.00%	5.73%
2013	0.00%	5.52%
2012	0.00%	4.38%