HYI vs IBHJ

Comparison between Western Asset High Yield Defined Opportunity Fund Inc (HYI, ETF) and ISHARES IBONDS 2030 TERM HIGH YIELD AND INCOME ETF (IBHJ, ETF).

HYI vs IBHJ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HYI(ETF)	IBHJ(ETF)
Net Assets	$148M	$148M
Expense Ratio	N/A	0.35%
Max Drawdown	48.50%	7.18%
Sharpe Ratio	-0.77	0.60
5Y Beta	0.25	0.21
5Y Dividends CAGR	1.72%	N/A

Net Assets

HYI

$148M

IBHJ

$148M

Expense Ratio

HYI

N/A

IBHJ

0.35%

Max Drawdown

HYI

48.50%

Winner

IBHJ

7.18%

Sharpe Ratio

HYI

-0.77

Winner

IBHJ

0.60

5Y Beta

HYI

0.25

Winner

IBHJ

0.21

5Y Dividends CAGR

HYI

1.72%

IBHJ

N/A

HYI vs IBHJ - Historical Returns

Returns include dividend reinvestment.

Period	HYI	IBHJ
1 month	+1.57%	+0.21%
3 months	-0.38%	+0.97%
6 months	+0.13%	+1.91%
1 year	-1.41%	+6.17%
5 years(CAGR)	+1.50%	N/A
10 years(CAGR)	+5.06%	N/A
Max(CAGR)	+4.65%	+8.89%

Winner

HYI

+1.57%

IBHJ

+0.21%

HYI

-0.38%

Winner

IBHJ

+0.97%

HYI

+0.13%

Winner

IBHJ

+1.91%

HYI

-1.41%

Winner

IBHJ

+6.17%

5Y(CAGR)

HYI

+1.50%

IBHJ

N/A

10Y(CAGR)

HYI

+5.06%

IBHJ

N/A

Max(CAGR)

HYI

+4.65%

Winner

IBHJ

+8.89%

HYI vs IBHJ - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	HYI	IBHJ
2026	+0.49%	+2.22%
2025	+3.47%	+9.01%
2024	+7.19%	+7.44%
2023	+7.84%	+8.36%
2022	-13.47%	N/A
2021	+10.82%	N/A
2020	+7.09%	N/A
2019	+26.70%	N/A
2018	-6.90%	N/A
2017	+8.07%	N/A
2016	+17.18%	N/A
2015	-2.30%	N/A
2014	-4.39%	N/A
2013	+3.50%	N/A
2012	+18.60%	N/A
2011	-0.27%	N/A
2010	-7.98%	N/A

HYI vs IBHJ Drawdown Comparison

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

The maximum drawdown for IBHJ was -4.93%, occurring on Apr 8, 2025. Recovery took 52 trading sessions.

The current HYI drawdown is -4.17%. The current IBHJ drawdown is -0.49%.

Rank	HYI	IBHJ
#1	-36.03% Feb 18, 2020 - Nov 25, 2020	-4.93% Feb 26, 2025 - May 12, 2025
#2	-26.34% Nov 5, 2021 - Feb 18, 2025	-4.71% Jul 13, 2023 - Nov 3, 2023
#3	-18.70% Jul 8, 2011 - Jan 25, 2012	-2.76% Mar 27, 2024 - May 3, 2024
#4	-18.60% Jun 30, 2014 - Jul 11, 2016	-2.46% Feb 11, 2026 - Apr 8, 2026
#5	-10.69% May 15, 2013 - May 8, 2014	-1.98% Dec 6, 2024 - Jan 21, 2025
#6	-10.68% Sep 27, 2012 - Mar 13, 2013	-1.64% Dec 27, 2023 - Feb 1, 2024
#7	-9.67% Oct 17, 2018 - Feb 1, 2019	-1.51% Sep 22, 2025 - Oct 27, 2025
#8	-8.88% Nov 1, 2010 - May 12, 2011	-1.45% Sep 20, 2024 - Nov 8, 2024
#9	-8.19% Sep 16, 2025 - Mar 30, 2026	-1.45% Jun 30, 2023 - Jul 12, 2023
#10	-7.44% Mar 30, 2012 - Jul 9, 2012	-1.42% Feb 1, 2024 - Mar 6, 2024
#11	-6.52% Sep 30, 2016 - Jan 3, 2017	-1.19% Oct 27, 2025 - Nov 28, 2025
#12	-5.74% Feb 25, 2025 - May 29, 2025	-1.05% Jul 31, 2024 - Aug 13, 2024
#13	-4.59% Oct 13, 2017 - Oct 17, 2018	-1.00% May 15, 2024 - Jun 5, 2024
#14	-4.13% Aug 1, 2019 - Sep 18, 2019	-0.96% Apr 17, 2026 - May 28, 2026
#15	-4.01% May 3, 2019 - Jun 19, 2019	-0.91% Nov 3, 2023 - Nov 14, 2023

Correlation

Correlation between HYI and IBHJ is 0.94 which considered as a very strong positive correlation - the stocks move almost identically together.

0.94

-101

Dividend Comparison (2010 - 2026)

HYI vs IBHJ dividend yield comparison.

Year	HYI	IBHJ
2026	5.36%	3.34%
2025	10.22%	6.64%
2024	9.64%	6.87%
2023	9.40%	3.66%
2022	9.09%	0.00%
2021	7.19%	0.00%
2020	7.35%	0.00%
2019	6.87%	0.00%
2018	8.10%	0.00%
2017	7.81%	0.00%
2016	8.73%	0.00%
2015	9.36%	0.00%
2014	8.75%	0.00%
2013	8.98%	0.00%
2012	9.52%	0.00%
2011	10.65%	0.00%
2010	0.80%	0.00%