HYI vs SWP

Comparison between Western Asset High Yield Defined Opportunity Fund Inc (HYI, ETF) and SWP GROWTH & INCOME ETF (SWP, ETF).

HYI vs SWP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HYI(ETF)	SWP(ETF)
Net Assets	$148M	$147M
Expense Ratio	N/A	0.99%
Max Drawdown	48.50%	17.14%
Sharpe Ratio	-0.77	0.88
5Y Beta	0.25	0.76
P/E Ratio	N/A	25.05
Forward P/E	N/A	19.81
PEG Ratio	N/A	0.69
5Y Dividends CAGR	1.72%	N/A
5Y EPS CAGR	N/A	16.00%
P/S Ratio	N/A	2.40
P/B Ratio	N/A	4.90

Net Assets

Winner

HYI

$148M

SWP

$147M

Expense Ratio

HYI

N/A

SWP

0.99%

Max Drawdown

HYI

48.50%

Winner

SWP

17.14%

Sharpe Ratio

HYI

-0.77

Winner

SWP

0.88

5Y Beta

Winner

HYI

0.25

SWP

0.76

P/E Ratio

HYI

N/A

SWP

25.05

Forward P/E

HYI

N/A

SWP

19.81

PEG Ratio

HYI

N/A

SWP

0.69

5Y Dividends CAGR

HYI

1.72%

SWP

N/A

5Y EPS CAGR

HYI

N/A

SWP

16.00%

P/S Ratio

HYI

N/A

SWP

2.40

P/B Ratio

HYI

N/A

SWP

4.90

HYI vs SWP - Historical Returns

Returns include dividend reinvestment.

Period	HYI	SWP
1 month	+1.57%	+0.41%
3 months	-0.38%	+0.68%
6 months	+0.13%	+2.73%
1 year	-1.41%	+14.60%
5 years(CAGR)	+1.50%	N/A
10 years(CAGR)	+5.06%	N/A
Max(CAGR)	+4.65%	+12.96%

Winner

HYI

+1.57%

SWP

+0.41%

HYI

-0.38%

Winner

SWP

+0.68%

HYI

+0.13%

Winner

SWP

+2.73%

HYI

-1.41%

Winner

SWP

+14.60%

5Y(CAGR)

HYI

+1.50%

SWP

N/A

10Y(CAGR)

HYI

+5.06%

SWP

N/A

Max(CAGR)

HYI

+4.65%

Winner

SWP

+12.96%

HYI vs SWP - Annual Returns (2010 - 2026)

Returns include dividend reinvestment.

Year	HYI	SWP
2026	+0.49%	+4.58%
2025	+3.47%	+16.94%
2024	+7.19%	+1.24%
2023	+7.84%	N/A
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 SWP Drawdown Comparison

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

The maximum drawdown for SWP was -16.40%, occurring on Apr 8, 2025. Recovery took 96 trading sessions.

The current HYI drawdown is -4.17%. The current SWP drawdown is -2.16%.

Rank	HYI	SWP
#1	-36.03% Feb 18, 2020 - Nov 25, 2020	-16.40% Feb 11, 2025 - Jul 1, 2025
#2	-26.34% Nov 5, 2021 - Feb 18, 2025	-9.97% Feb 10, 2026 - Apr 17, 2026
#3	-18.70% Jul 8, 2011 - Jan 25, 2012	-5.57% Nov 29, 2024 - Jan 23, 2025
#4	-18.60% Jun 30, 2014 - Jul 11, 2016	-3.54% Nov 12, 2025 - Nov 26, 2025
#5	-10.69% May 15, 2013 - May 8, 2014	-3.47% Sep 22, 2025 - Oct 24, 2025
#6	-10.68% Sep 27, 2012 - Mar 13, 2013	-3.26% Jun 4, 2026 - Jun 25, 2026
#7	-9.67% Oct 17, 2018 - Feb 1, 2019	-2.98% Oct 18, 2024 - Nov 6, 2024
#8	-8.88% Nov 1, 2010 - May 12, 2011	-2.93% Dec 10, 2025 - Jan 5, 2026
#9	-8.19% Sep 16, 2025 - Mar 30, 2026	-2.35% Jan 16, 2026 - Feb 6, 2026
#10	-7.44% Mar 30, 2012 - Jul 9, 2012	-2.06% May 6, 2026 - May 22, 2026
#11	-6.52% Sep 30, 2016 - Jan 3, 2017	-2.03% Jul 25, 2025 - Aug 13, 2025
#12	-5.74% Feb 25, 2025 - May 29, 2025	-1.48% Apr 20, 2026 - May 6, 2026
#13	-4.59% Oct 13, 2017 - Oct 17, 2018	-1.48% Nov 11, 2024 - Nov 21, 2024
#14	-4.13% Aug 1, 2019 - Sep 18, 2019	-1.29% Aug 13, 2025 - Aug 22, 2025
#15	-4.01% May 3, 2019 - Jun 19, 2019	-1.24% Sep 30, 2024 - Oct 9, 2024

Correlation

Correlation between HYI and SWP is 0.44 which considered as a weak positive correlation - the stocks show a slight tendency to move together.

0.44

-101

Dividend Comparison (2010 - 2026)

HYI vs SWP dividend yield comparison.

Year	HYI	SWP
2026	5.36%	4.46%
2025	10.22%	5.64%
2024	9.64%	0.44%
2023	9.40%	0.00%
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%