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Backed HIGH € High Yield Corp Bond vs Ondo US Dollar Yield

Ondo US Dollar Yield (USDY) is 12848.7× the size of Backed HIGH € High Yield Corp Bond (BHIGH) by market capitalisation. Over the past 30 days, USDY is ahead by 4.4 percentage points (BHIGH -3.5% against USDY +0.9%). BHIGH has been the more volatile of the two, at 8% annualised against USDY's 6%.

Size ratio
1 : 12848.7
Ahead over 30 days
USDY
Backed HIGH € High Yield Corp BondBHIGH

$6.9900

24h
+0.69%
Market cap
$186,265
Volume 24h
—
Volatility (ann.)
8%
Ondo US Dollar YieldUSDY

$1.1500

24h
-0.28%
Market cap
$2.39B
Volume 24h
$2.62M
Volatility (ann.)
6%
BHIGH 0.0%Share of the two combined market caps100.0% USDY

Performance

BHIGHUSDY

  1. 7 days-1.30%+0.00%USDY
  2. 30 days-3.52%+0.88%USDY

Risk & extremes

MetricBHIGHUSDY
Max drawdown (400d)-3.5%-0.9%
Risk-adjusted return (90d)-0.460.15

Relative strength over 90 days: USDY outperformed BHIGH by 3.5% — measured on the BHIGH/USDY ratio, so it holds regardless of market direction.

Backed HIGH € High Yield Corp Bond →Ondo US Dollar Yield →