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HYBX vs GLDY

Comparison between TCW High Yield Bond ETF (HYBX, ETF) and DEFIANCE GOLD ENHANCED OPTIONS INCOME ETF (GLDY, ETF).

HYBX vs GLDY - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
HYBX
$32M
Winner
GLDY
$32M
Expense Ratio
Winner
HYBX
0.50%
GLDY
1.04%
Max Drawdown
Winner
HYBX
5.48%
GLDY
42.01%
Sharpe Ratio
Winner
HYBX
0.27
GLDY
0.24
5Y Beta
HYBX
0.16
Winner
GLDY
0.15

HYBX vs GLDY - Holdings Comparison

HYBX and GLDY have 0 common holdings. Overlap is 0.00%

HYBX's top 25 holdings weight is 0.02%. GLDY's top 25 holdings weight is 13.58%.

RankHYBXGLDY
#1
TCW FDS (TGCXX) - 0.02%
FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 13.58%
#2N/AN/A
#3N/AN/A
#4N/AN/A
#5N/AN/A
#6N/AN/A
#7N/AN/A
#8N/AN/A
#9N/AN/A
#10N/AN/A
#11N/AN/A
#12N/AN/A
#13N/AN/A
#14N/AN/A
#15N/AN/A
#16N/AN/A
#17N/AN/A
#18N/AN/A
#19N/AN/A
#20N/AN/A
#21N/AN/A
#22N/AN/A
#23N/AN/A
#24N/AN/A
#25N/AN/A
Total Holdings11

HYBX vs GLDY - Historical Returns

Returns include dividend reinvestment.

1M
Winner
HYBX
+0.44%
GLDY
-6.78%
3M
Winner
HYBX
+2.48%
GLDY
-12.18%
6M
Winner
HYBX
+2.36%
GLDY
-8.26%
1Y
HYBX
+5.60%
Winner
GLDY
+7.06%
Max(CAGR)
HYBX
+5.44%
Winner
GLDY
+5.93%

HYBX vs GLDY - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

YearHYBXGLDY
2026+1.70%-7.14%
2025+6.16%+15.39%
2024-0.26%N/A

HYBX vs GLDY Drawdown Comparison

The maximum drawdown for HYBX was -3.92%, occurring on Apr 8, 2025. Recovery took 50 trading sessions.

The maximum drawdown for GLDY was -25.83%, occurring on Jun 11, 2026. This drawdown has not yet recovered.

The current HYBX drawdown is -0.52%. The current GLDY drawdown is -17.36%.

RankHYBXGLDY
#1-3.92%
Feb 28, 2025 - May 12, 2025
-25.83%
Jan 29, 2026 - Jun 11, 2026
#2-2.15%
Jan 27, 2026 - Apr 8, 2026
-7.48%
Oct 20, 2025 - Dec 17, 2025
#3-1.76%
Oct 28, 2025 - Dec 19, 2025
-7.20%
Apr 21, 2025 - Sep 2, 2025
#4-1.72%
Dec 6, 2024 - Jan 24, 2025
-3.95%
Dec 26, 2025 - Jan 12, 2026
#5-1.49%
Aug 13, 2025 - Sep 2, 2025
-3.77%
Apr 3, 2025 - Apr 16, 2025
#6-1.48%
Sep 23, 2025 - Oct 28, 2025
-1.24%
Sep 23, 2025 - Sep 29, 2025
#7-1.38%
Dec 19, 2025 - Dec 23, 2025
-1.15%
Oct 8, 2025 - Oct 13, 2025
#8-1.38%
Apr 27, 2026 - Jun 16, 2026
-0.98%
Oct 16, 2025 - Oct 20, 2025
#9-0.85%
Nov 18, 2024 - Dec 3, 2024
-0.91%
Sep 16, 2025 - Sep 22, 2025
#10-0.84%
May 20, 2025 - May 28, 2025
-0.34%
Jan 14, 2026 - Jan 20, 2026
#11-0.81%
Jan 20, 2026 - Jan 27, 2026
-0.27%
Dec 17, 2025 - Dec 19, 2025
#12-0.72%
Jul 9, 2025 - Jul 21, 2025
-0.20%
Oct 1, 2025 - Oct 3, 2025
#13-0.69%
Jul 23, 2025 - Aug 11, 2025
-0.06%
Dec 23, 2025 - Dec 26, 2025
#14-0.68%
Sep 5, 2025 - Sep 18, 2025
N/A
#15-0.66%
Dec 24, 2025 - Jan 2, 2026
N/A

Correlation

Correlation between HYBX and GLDY is 0.71 which considered as a strong positive correlation - the stocks tend to move together.

0.71
-101

Dividend Comparison (2024 - 2026)

HYBX vs GLDY dividend yield comparison.

YearHYBXGLDY
20263.20%17.51%
20257.82%37.38%
20241.08%0.00%

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