GHYG vs ETX

Comparison between ISHARES US & INTL HIGH YIELD CORP BOND ETF (GHYG, ETF) and Eaton Vance Municipal Income 2028 Term Trust (ETX, ETF).

5-Year PerformanceGHYG has outperformed ETX, delivering a return of +3.3% compared to +0.9%

GHYG vs ETX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GHYG(ETF)	ETX(ETF)
Net Assets	$201M	$199M
Expense Ratio	0.40%	N/A
Max Drawdown	34.19%	32.76%
Sharpe Ratio	0.42	0.58
5Y Beta	0.20	0.08
5Y Dividends CAGR	4.40%	3.62%

Net Assets

Winner

GHYG

$201M

ETX

$199M

Expense Ratio

GHYG

0.40%

ETX

N/A

Max Drawdown

GHYG

34.19%

Winner

ETX

32.76%

Sharpe Ratio

GHYG

0.42

Winner

ETX

0.58

5Y Beta

GHYG

0.20

Winner

ETX

0.08

5Y Dividends CAGR

Winner

GHYG

4.40%

ETX

3.62%

GHYG vs ETX - Historical Returns

Returns include dividend reinvestment.

Period	GHYG	ETX
1 month	+0.59%	-0.85%
3 months	+1.34%	+0.96%
6 months	+0.93%	+1.34%
1 year	+5.61%	+8.57%
5 years(CAGR)	+3.35%	+0.91%
10 years(CAGR)	+4.84%	+3.39%
Max(CAGR)	+4.55%	+4.10%

Winner

GHYG

+0.59%

ETX

-0.85%

Winner

GHYG

+1.34%

ETX

+0.96%

GHYG

+0.93%

Winner

ETX

+1.34%

GHYG

+5.61%

Winner

ETX

+8.57%

5Y(CAGR)

Winner

GHYG

+3.35%

ETX

+0.91%

10Y(CAGR)

Winner

GHYG

+4.84%

ETX

+3.39%

Max(CAGR)

Winner

GHYG

+4.55%

ETX

+4.10%

GHYG vs ETX - Annual Returns (2012 - 2026)

Returns include dividend reinvestment.

Year	GHYG	ETX
2026	+0.40%	+2.63%
2025	+11.24%	+11.55%
2024	+6.38%	+6.08%
2023	+13.31%	-0.69%
2022	-11.97%	-13.36%
2021	+1.85%	-4.59%
2020	+6.35%	+12.33%
2019	+14.32%	+17.34%
2018	-4.23%	-3.05%
2017	+8.65%	+9.16%
2016	+13.79%	+8.96%
2015	-6.46%	+10.25%
2014	-2.17%	+24.43%
2013	+7.28%	-24.56%
2012	+10.21%	N/A

GHYG vs ETX Drawdown Comparison

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

The maximum drawdown for ETX was -32.09%, occurring on Aug 16, 2013. Recovery took 649 trading sessions.

The current GHYG drawdown is -0.93%. The current ETX drawdown is -1.37%.

Rank	GHYG	ETX
#1	-27.37% Jan 15, 2020 - Aug 6, 2020	-32.09% May 3, 2013 - Nov 30, 2015
#2	-20.44% Sep 15, 2021 - Jun 5, 2024	-25.15% Dec 5, 2019 - Aug 3, 2020
#3	-15.53% Jul 1, 2014 - Jan 4, 2017	-24.19% Jun 29, 2021 - Oct 28, 2025
#4	-7.88% Jan 26, 2018 - Feb 27, 2019	-11.85% Aug 22, 2016 - Aug 29, 2017
#5	-5.68% May 14, 2013 - Oct 17, 2013	-9.62% Oct 2, 2018 - Jan 24, 2019
#6	-4.70% May 1, 2012 - Aug 1, 2012	-8.40% Sep 15, 2017 - Oct 2, 2018
#7	-4.15% Mar 19, 2025 - Apr 23, 2025	-7.93% Mar 22, 2021 - Jun 29, 2021
#8	-3.84% Jan 27, 2026 - Mar 27, 2026	-6.85% Dec 31, 2020 - Mar 22, 2021
#9	-3.07% Sep 1, 2020 - Oct 12, 2020	-6.85% Sep 9, 2020 - Nov 25, 2020
#10	-2.67% Apr 29, 2021 - May 7, 2021	-6.76% Sep 10, 2019 - Oct 8, 2019
#11	-2.49% Sep 26, 2024 - Feb 5, 2025	-5.69% Oct 8, 2019 - Dec 5, 2019
#12	-2.14% Oct 12, 2020 - Nov 5, 2020	-4.93% Oct 28, 2025 - May 19, 2026
#13	-2.10% Apr 23, 2019 - Jun 19, 2019	-4.14% Jul 7, 2016 - Aug 8, 2016
#14	-1.97% Sep 14, 2012 - Oct 17, 2012	-3.40% May 16, 2016 - Jun 3, 2016
#15	-1.96% Oct 18, 2012 - Dec 4, 2012	-3.09% Dec 2, 2020 - Dec 29, 2020

Correlation

Correlation between GHYG and ETX is 0.87 which considered as a strong positive correlation - the stocks tend to move together.

0.87

-101

Dividend Comparison (2012 - 2026)

GHYG vs ETX dividend yield comparison.

Year	GHYG	ETX
2026	2.55%	2.50%
2025	6.03%	5.02%
2024	6.11%	5.33%
2023	5.60%	4.15%
2022	4.64%	4.62%
2021	4.57%	3.96%
2020	4.36%	3.60%
2019	4.61%	3.88%
2018	5.62%	4.46%
2017	4.60%	4.11%
2016	4.61%	4.33%
2015	4.79%	4.59%
2014	5.73%	5.26%
2013	5.52%	3.39%
2012	4.38%	0.00%