HYS vs SPY

Comparison between PIMCO 0-5 YEAR HIGH YIELD CORPORATE BOND INDEX EXCHANGE-TRADED FUND (HYS, ETF) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed HYS, delivering a return of +13.3% compared to +5.2%

HYS vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HYS(ETF)	SPY(ETF)
Net Assets	$1.60B	$652B
Expense Ratio	0.56%	0.09%
Max Drawdown	26.61%	56.47%
Sharpe Ratio	1.30	2.07
5Y Beta	0.22	1.00
P/E Ratio	N/A	28.24
Forward P/E	N/A	21.85
5Y Dividends CAGR	11.23%	5.43%
5Y EPS CAGR	N/A	25.79%
Debt to Equity	N/A	22.35%
P/S Ratio	N/A	3.55
P/B Ratio	N/A	5.29

Net Assets

HYS

$1.60B

Winner

SPY

$652B

Expense Ratio

HYS

0.56%

Winner

SPY

0.09%

Max Drawdown

Winner

HYS

26.61%

SPY

56.47%

Sharpe Ratio

HYS

1.30

Winner

SPY

2.07

5Y Beta

Winner

HYS

0.22

SPY

1.00

P/E Ratio

HYS

N/A

SPY

28.24

Forward P/E

HYS

N/A

SPY

21.85

5Y Dividends CAGR

Winner

HYS

11.23%

SPY

5.43%

5Y EPS CAGR

HYS

N/A

SPY

25.79%

Debt to Equity

HYS

N/A

SPY

22.35%

P/S Ratio

HYS

N/A

SPY

3.55

P/B Ratio

HYS

N/A

SPY

5.29

HYS vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	HYS	SPY
1 month	+0.37%	+9.11%
3 months	+0.67%	+6.59%
6 months	+2.75%	+10.56%
1 year	+8.52%	+32.04%
5 years(CAGR)	+5.18%	+13.35%
10 years(CAGR)	+5.57%	+15.49%
Max(CAGR)	+5.06%	+8.50%

HYS

+0.37%

Winner

SPY

+9.11%

HYS

+0.67%

Winner

SPY

+6.59%

HYS

+2.75%

Winner

SPY

+10.56%

HYS

+8.52%

Winner

SPY

+32.04%

5Y(CAGR)

HYS

+5.18%

Winner

SPY

+13.35%

10Y(CAGR)

HYS

+5.57%

Winner

SPY

+15.49%

Max(CAGR)

HYS

+5.06%

Winner

SPY

+8.50%

HYS vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	HYS	SPY
2026	+1.11%	+8.27%
2025	+8.59%	+18.00%
2024	+8.74%	+25.59%
2023	+11.30%	+26.72%
2022	-5.08%	-18.64%
2021	+5.13%	+30.52%
2020	+3.01%	+17.28%
2019	+10.25%	+31.09%
2018	-1.24%	-5.24%
2017	+5.39%	+20.78%
2016	+15.16%	+13.59%
2015	-4.90%	+1.31%
2014	-0.21%	+14.56%
2013	+7.52%	+29.00%
2012	+11.28%	+14.17%
2011	+1.17%	+0.85%
2010	N/A	+13.14%
2009	N/A	+22.67%
2008	N/A	-36.25%
2007	N/A	+5.32%
2006	N/A	+13.85%
2005	N/A	+5.32%
2004	N/A	+10.75%
2003	N/A	+24.18%
2002	N/A	-22.42%
2001	N/A	-10.13%
2000	N/A	-8.84%
1999	N/A	+8.61%

HYS vs SPY Drawdown Comparison

The maximum drawdown for HYS was -20.91%, occurring on Mar 23, 2020. Recovery took 198 trading sessions.

The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.

The current HYS drawdown is -0.07%.

Rank	HYS	SPY
#1	-20.91% Feb 12, 2020 - Nov 23, 2020	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-12.31% Jun 1, 2015 - Jun 8, 2016	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-10.61% Dec 31, 2021 - Jul 13, 2023	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-8.31% Jul 26, 2011 - Jan 12, 2012	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-5.46% Oct 2, 2018 - Feb 19, 2019	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-4.98% Feb 28, 2025 - May 13, 2025	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-4.83% Jun 24, 2014 - May 27, 2015	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-4.73% May 10, 2013 - Sep 16, 2013	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-2.95% Oct 24, 2016 - Dec 2, 2016	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-2.55% Jun 23, 2016 - Jul 6, 2016	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-2.52% Sep 14, 2023 - Nov 3, 2023	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-2.25% May 2, 2012 - Jun 29, 2012	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-2.23% Jan 23, 2018 - Apr 12, 2018	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-1.95% Mar 20, 2024 - May 3, 2024	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-1.88% Jan 22, 2026 - Apr 8, 2026	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between HYS and SPY is 0.98 which considered as a very strong positive correlation - the stocks move almost identically together.

0.98

-101

Dividend Comparison (1999 - 2026)

HYS vs SPY dividend yield comparison.

Year	HYS	SPY
2026	2.43%	0.24%
2025	7.20%	1.07%
2024	7.43%	1.21%
2023	6.44%	1.40%
2022	5.01%	1.65%
2021	3.74%	1.20%
2020	4.52%	1.52%
2019	4.98%	1.75%
2018	4.64%	2.04%
2017	5.01%	1.80%
2016	5.13%	2.03%
2015	5.22%	2.06%
2014	5.42%	1.87%
2013	4.59%	1.81%
2012	5.38%	2.18%
2011	3.09%	2.05%
2010	0.00%	1.80%
2009	0.00%	1.95%
2008	0.00%	3.02%
2007	0.00%	1.85%
2006	0.00%	1.73%
2005	0.00%	1.73%
2004	0.00%	1.82%
2003	0.00%	1.47%
2002	0.00%	1.70%
2001	0.00%	1.25%
2000	0.00%	1.15%
1999	0.00%	0.24%