HYT vs SPY

Comparison between BlackRock Corporate High Yield Fund Inc (HYT, ETF) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed HYT, delivering a return of +13.3% compared to +3.2%

HYT vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HYT(ETF)	SPY(ETF)
Net Assets	$1.80B	$652B
Expense Ratio	N/A	0.09%
Max Drawdown	67.62%	56.47%
Sharpe Ratio	-0.23	2.07
5Y Beta	0.51	1.00
P/E Ratio	N/A	28.24
Forward P/E	N/A	21.85
5Y Dividends CAGR	1.61%	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

HYT

$1.80B

Winner

SPY

$652B

Expense Ratio

HYT

N/A

SPY

0.09%

Max Drawdown

HYT

67.62%

Winner

SPY

56.47%

Sharpe Ratio

HYT

-0.23

Winner

SPY

2.07

5Y Beta

Winner

HYT

0.51

SPY

1.00

P/E Ratio

HYT

N/A

SPY

28.24

Forward P/E

HYT

N/A

SPY

21.85

5Y Dividends CAGR

HYT

1.61%

Winner

SPY

5.43%

5Y EPS CAGR

HYT

N/A

SPY

25.79%

Debt to Equity

HYT

N/A

SPY

22.35%

P/S Ratio

HYT

N/A

SPY

3.55

P/B Ratio

HYT

N/A

SPY

5.29

HYT vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	HYT	SPY
1 month	+0.91%	+9.11%
3 months	-0.15%	+6.59%
6 months	-3.31%	+10.56%
1 year	+0.84%	+32.04%
5 years(CAGR)	+3.18%	+13.35%
10 years(CAGR)	+7.55%	+15.49%
Max(CAGR)	+7.69%	+8.50%

HYT

+0.91%

Winner

SPY

+9.11%

HYT

-0.15%

Winner

SPY

+6.59%

HYT

-3.31%

Winner

SPY

+10.56%

HYT

+0.84%

Winner

SPY

+32.04%

5Y(CAGR)

HYT

+3.18%

Winner

SPY

+13.35%

10Y(CAGR)

HYT

+7.55%

Winner

SPY

+15.49%

Max(CAGR)

HYT

+7.69%

Winner

SPY

+8.50%

HYT vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	HYT	SPY
2026	+1.41%	+8.27%
2025	-0.90%	+18.00%
2024	+13.36%	+25.59%
2023	+20.68%	+26.72%
2022	-21.81%	-18.64%
2021	+18.62%	+30.52%
2020	+12.19%	+17.28%
2019	+29.65%	+31.09%
2018	-8.42%	-5.24%
2017	+7.99%	+20.78%
2016	+21.30%	+13.59%
2015	-5.04%	+1.31%
2014	+2.91%	+14.56%
2013	+5.32%	+29.00%
2012	+16.99%	+14.17%
2011	+7.61%	+0.85%
2010	+18.94%	+13.14%
2009	+84.57%	+22.67%
2008	-37.90%	-36.25%
2007	-2.07%	+5.32%
2006	+16.53%	+13.85%
2005	-5.86%	+5.32%
2004	+16.00%	+10.75%
2003	+4.65%	+24.18%
2002	N/A	-22.42%
2001	N/A	-10.13%
2000	N/A	-8.84%
1999	N/A	+8.61%

HYT vs SPY Drawdown Comparison

The maximum drawdown for HYT was -56.86%, occurring on Nov 21, 2008. Recovery took 592 trading sessions.

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

The current HYT drawdown is -5.24%.

Rank	HYT	SPY
#1	-56.86% Jun 5, 2007 - Oct 8, 2009	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-42.63% Feb 19, 2020 - Sep 1, 2020	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-29.04% Dec 31, 2021 - May 3, 2024	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-15.63% Jul 7, 2011 - Dec 27, 2011	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-13.95% Feb 14, 2025 - May 13, 2025	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-13.56% Jul 29, 2014 - Jun 6, 2016	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-13.45% Sep 13, 2018 - Mar 13, 2019	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-13.25% Apr 29, 2010 - Jul 26, 2010	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-13.01% May 10, 2013 - Feb 21, 2014	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-12.81% Sep 13, 2005 - Feb 23, 2006	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-12.40% Jan 20, 2004 - Aug 25, 2004	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-10.84% Jun 6, 2003 - Dec 9, 2003	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-10.54% Aug 7, 2025 - Mar 30, 2026	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-10.11% Oct 8, 2012 - Jan 9, 2013	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-9.38% Feb 9, 2005 - Jul 14, 2005	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between HYT and SPY is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.

0.95

-101

Dividend Comparison (1999 - 2026)

HYT vs SPY dividend yield comparison.

Year	HYT	SPY
2026	3.60%	0.24%
2025	10.50%	1.07%
2024	9.53%	1.21%
2023	9.91%	1.40%
2022	9.80%	1.65%
2021	7.58%	1.20%
2020	8.18%	1.52%
2019	7.92%	1.75%
2018	9.20%	2.04%
2017	7.68%	1.80%
2016	8.23%	2.03%
2015	10.18%	2.06%
2014	9.04%	1.87%
2013	8.88%	1.81%
2012	8.92%	2.18%
2011	8.94%	2.05%
2010	8.63%	1.80%
2009	10.38%	1.95%
2008	19.59%	3.02%
2007	9.83%	1.85%
2006	8.28%	1.73%
2005	14.87%	1.73%
2004	14.96%	1.82%
2003	5.52%	1.47%
2002	0.00%	1.70%
2001	0.00%	1.25%
2000	0.00%	1.15%
1999	0.00%	0.24%