
@OpenEden_X Is High Yield Bonds really high risk too? It depends on which High Yield Bond Fund. There are wide spectrum of performance in this space. Let’s look at the most common metrics for evaluating risk or volatilty - standard deviation of historical returns. Below are 3year annualised standard deviation of each product BNY Global Short-Dated HY Bond Fund : 2.4% IEI (3-7y Treasury ETF) : 4.0% IEF (7-10y Treasury ETF) : 6.6% The BNY HY Bond fund has 40-70% lower volatility but more than double the returns. Will share more deep dive into the BNY HY Bond Fund that @OpenEden_X has tokenised. Dyor
