GTOH vs HYI
Invesco Short Duration High Yield ETF vs Western Asset High Yield Defined Opportunity Fund Inc.
Which is better, GTOH or HYI?
GTOH has been ahead.
GTOH has a lower expense ratio. GTOH led over 1Y.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | GTOH | HYI |
|---|---|---|
| Expense Ratio | 0.48%Best | 0.96% |
| AUM | $13M | $140M |
| Dividend Yield | 5.78% | 10.36% |
| Holdings | 397 | 258 |
| YTD Return | -4.05%Best | -6.61% |
| 1Y Return | - | -6.95% |
| 3Y Return (annualized) | - | +4.97% |
| 5Y Return (annualized) | - | -0.55% |
| Fund Family | Invesco (US) | Franklin Templeton Investments (US) |
| Category | Fixed Income | Fixed Income |
| Style | High Yield Bond | High Yield Bond |
| Inception | Dec 9, 2022 | Oct 27, 2010 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
GTOH vs HYI growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
GTOH vs HYI Performance
Invesco Short Duration High Yield ETF (GTOH) is an ETF from Invesco (US) and Western Asset High Yield Defined Opportunity Fund Inc. (HYI) is an ETF from Franklin Templeton Investments (US). Year to date, GTOH is down 4.05% versus a loss of 6.61% for HYI.
Past performance does not guarantee future results.
Fees and Cost Over Time
GTOH charges 0.48% per year while HYI charges 0.96%. On a $10,000 position that is $48 vs $96 annually, a gap of $48 per year that compounds over a long holding period. On income, GTOH currently yields 5.78% against 10.36% for HYI.
Holdings Overlap
We hold position weights for 131 holdings in GTOH and 18 in HYI, totalling 73.7% and 3.5% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 131 positions we hold weights for in GTOH and 18 in HYI, against full books of 397 and 258.
You are not choosing between two funds in isolation.
Whichever of GTOH and HYI you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, GTOH or HYI?
GTOH has an expense ratio of 0.48% while HYI charges 0.96%. GTOH is the cheaper option, by $48 a year on a $10,000 investment.
Which pays a higher dividend, GTOH or HYI?
GTOH yields 5.78% while HYI yields 10.36%, so HYI currently pays the higher dividend yield.
Is HYI better than GTOH?
GTOH has a lower expense ratio. GTOH led over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.