HYI vs JUCY
Western Asset High Yield Defined Opportunity Fund Inc. vs Aptus Enhanced Yield ETF
Which is better, HYI or JUCY?
Each has led over a different period.
JUCY has a lower expense ratio. HYI led over 3Y and the full window, JUCY 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 | HYI | JUCY |
|---|---|---|
| Expense Ratio | 0.96% | 0.60%Best |
| AUM | $140M | $352M |
| Dividend Yield | 10.36% | 8.94% |
| Holdings | 258 | 28 |
| YTD Return | -6.61% | -2.20%Best |
| 1Y Return | -6.95% | -0.48%Best |
| 3Y Return (annualized) | +4.97%Best | +2.15% |
| 5Y Return (annualized) | -0.55% | - |
| Volatility (annualized) | 7.9% | 2.0%Best |
| Max Drawdown | -14.6% | -3.6%Best |
| $10,000 over 4 years | $11,502Best | $11,107 |
| Fund Family | Franklin Templeton Investments (US) | Aptus ETFs |
| Category | Fixed Income | Fixed Income |
| Style | High Yield Bond | High Yield Bond |
| Inception | Oct 27, 2010 | Oct 31, 2022 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4 years row, are measured over the window both funds cover: Nov 1, 2022 to Oct 14, 2026 (4 years).
HYI vs JUCY 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 covers the 4 years both funds cover.
HYI vs JUCY Performance
Western Asset High Yield Defined Opportunity Fund Inc. (HYI) is an ETF from Franklin Templeton Investments (US) and Aptus Enhanced Yield ETF (JUCY) is an ETF from Aptus ETFs. Over the past year HYI returned -6.95% while JUCY returned -0.48%. Year to date, HYI is down 6.61% versus a loss of 2.20% for JUCY.
Over three years, HYI compounded at +4.97% per year against +2.15% for JUCY. Across the full 4-year window we track, HYI has the edge at +3.56% annualized vs +2.66%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HYI has been the more volatile fund, with annualized monthly volatility of 7.9% compared with 2.0% for JUCY. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -14.6% for HYI and -3.6% for JUCY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.02. They move largely independently of each other.
Fees and Cost Over Time
HYI charges 0.96% per year while JUCY charges 0.60%. On a $10,000 position that is $96 vs $60 annually, a gap of $36 per year that compounds over a long holding period. On income, HYI currently yields 10.36% against 8.94% for JUCY.
Holdings Overlap
We hold position weights for 18 holdings in HYI and 6 in JUCY, totalling 3.5% and 51.2% 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 18 positions we hold weights for in HYI and 6 in JUCY, against full books of 258 and 28.
You are not choosing between two funds in isolation.
Whichever of HYI and JUCY 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, HYI or JUCY?
HYI has an expense ratio of 0.96% while JUCY charges 0.60%. JUCY is the cheaper option, by $36 a year on a $10,000 investment.
Which performed better, HYI or JUCY?
Over the past year HYI returned -6.95% vs -0.48% for JUCY, so JUCY leads on 1-year performance. Over the longest common window we track (4 years), HYI annualized +3.56% vs +2.66% for JUCY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HYI or JUCY?
HYI has been the more volatile fund at 7.9% annualized versus 2.0% for JUCY. Worst drawdown: HYI -14.6% vs JUCY -3.6%.
Should I hold both HYI and JUCY?
HYI and JUCY have a monthly-return correlation of 0.02, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, HYI or JUCY?
HYI yields 10.36% while JUCY yields 8.94%, so HYI currently pays the higher dividend yield.
Is JUCY better than HYI?
JUCY has a lower expense ratio. HYI led over 3Y and the full window, JUCY over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.