USTB vs HDEF

Comparison between VICTORYSHARES SHORT-TERM BOND ETF FORMERLY VICTORYSHARES USAA CORE SHORT-TERM BOND ETF VICTORYSHARES SHORT-TERM BOND ETF (USTB, ETF) and XTRACKERS MSCI EAFE HIGH DIVIDEND YIELD EQUITY ETF (HDEF, ETF).

5-Year PerformanceHDEF has outperformed USTB, delivering a return of +10.9% compared to +3.5%

USTB vs HDEF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	USTB(ETF)	HDEF(ETF)
Net Assets	$2.20B	$2.20B
Expense Ratio	0.34%	0.09%
Max Drawdown	7.56%	38.17%
Sharpe Ratio	0.28	1.04
5Y Beta	0.01	0.41
5Y Dividends CAGR	18.36%	12.60%

Net Assets

USTB

$2.20B

HDEF

$2.20B

Expense Ratio

USTB

0.34%

Winner

HDEF

0.09%

Max Drawdown

Winner

USTB

7.56%

HDEF

38.17%

Sharpe Ratio

USTB

0.28

Winner

HDEF

1.04

5Y Beta

Winner

USTB

0.01

HDEF

0.41

5Y Dividends CAGR

Winner

USTB

18.36%

HDEF

12.60%

USTB vs HDEF - Historical Returns

Returns include dividend reinvestment.

Period	USTB	HDEF
1 month	+0.14%	+2.39%
3 months	+0.79%	+0.54%
6 months	+1.33%	+7.61%
1 year	+4.33%	+17.52%
5 years(CAGR)	+3.52%	+10.92%
10 years(CAGR)	+3.45%	+8.69%
Max(CAGR)	+3.45%	+7.78%

USTB

+0.14%

Winner

HDEF

+2.39%

Winner

USTB

+0.79%

HDEF

+0.54%

USTB

+1.33%

Winner

HDEF

+7.61%

USTB

+4.33%

Winner

HDEF

+17.52%

5Y(CAGR)

USTB

+3.52%

Winner

HDEF

+10.92%

10Y(CAGR)

USTB

+3.45%

Winner

HDEF

+8.69%

Max(CAGR)

USTB

+3.45%

Winner

HDEF

+7.78%

USTB vs HDEF - Annual Returns (2015 - 2026)

Returns include dividend reinvestment.

Year	USTB	HDEF
2026	+1.54%	+7.81%
2025	+6.13%	+33.36%
2024	+6.81%	+3.36%
2023	+6.57%	+17.51%
2022	-2.72%	-3.03%
2021	+0.89%	+6.01%
2020	+5.00%	-2.76%
2019	+4.99%	+25.44%
2018	+1.12%	-13.77%
2017	+0.35%	+9.90%
2016	N/A	+13.43%
2015	N/A	-4.66%

USTB vs HDEF Drawdown Comparison

The maximum drawdown for USTB was -5.32%, occurring on Mar 24, 2020. Recovery took 65 trading sessions.

The maximum drawdown for HDEF was -36.42%, occurring on Mar 23, 2020. Recovery took 255 trading sessions.

The current USTB drawdown is -0.05%. The current HDEF drawdown is -1.59%.

Rank	USTB	HDEF
#1	-5.32% Mar 4, 2020 - Jun 5, 2020	-36.42% Jan 2, 2020 - Jan 6, 2021
#2	-4.96% Sep 9, 2021 - Jul 13, 2023	-23.69% Feb 9, 2022 - Apr 6, 2023
#3	-1.02% Aug 30, 2023 - Nov 3, 2023	-17.55% Jan 22, 2018 - Oct 24, 2019
#4	-0.84% Feb 27, 2026 - May 1, 2026	-14.95% Aug 18, 2015 - Aug 10, 2016
#5	-0.81% Dec 29, 2017 - Aug 6, 2018	-11.15% Sep 26, 2024 - Mar 5, 2025
#6	-0.68% Sep 27, 2024 - Dec 3, 2024	-10.60% Mar 18, 2025 - Apr 22, 2025
#7	-0.67% Jul 13, 2023 - Aug 4, 2023	-9.31% Jun 15, 2021 - Jan 12, 2022
#8	-0.65% Apr 3, 2025 - Apr 28, 2025	-8.79% Jul 26, 2023 - Dec 13, 2023
#9	-0.62% Sep 4, 2019 - Oct 2, 2019	-8.02% Feb 27, 2026 - Mar 20, 2026
#10	-0.48% Apr 4, 2024 - May 2, 2024	-6.39% May 8, 2023 - Jun 15, 2023
#11	-0.46% Jan 31, 2024 - Mar 1, 2024	-5.63% Dec 9, 2016 - Jan 10, 2017
#12	-0.43% Aug 8, 2023 - Aug 25, 2023	-5.46% Dec 27, 2023 - Mar 20, 2024
#13	-0.40% Sep 21, 2018 - Nov 16, 2018	-4.72% Jan 8, 2021 - Mar 16, 2021
#14	-0.40% Oct 4, 2019 - Nov 22, 2019	-4.35% Nov 2, 2017 - Jan 9, 2018
#15	-0.38% Aug 2, 2024 - Aug 21, 2024	-4.24% May 17, 2024 - Jul 12, 2024

Correlation

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

0.94

-101

Dividend Comparison (2015 - 2026)

USTB vs HDEF dividend yield comparison.

Year	USTB	HDEF
2026	2.33%	2.63%
2025	4.63%	3.88%
2024	5.05%	4.53%
2023	4.49%	4.38%
2022	2.54%	5.41%
2021	1.84%	4.76%
2020	2.59%	3.93%
2019	2.69%	4.20%
2018	2.32%	3.55%
2017	0.43%	3.38%
2016	0.00%	9.52%
2015	0.00%	1.87%