- ISIN
- US2330512672
- CUSIP
- 233051267
- Issuer
- Deutsche Bank
- Inception Date
- Jan 11, 2018
- Region
- North America (U.S.)
- Category
- High Yield Bonds
- Leveraged
- 1x (No leverage)
- Index Tracked
- Solactive USD High Yield Corporates Total Market Low Beta Index
- Distribution Policy
- Distributing
- Asset Class
- Bond
- Assets Under Management
- $65M
Share Price Chart
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Performance
HYDW Performance Chart
Xtrackers Low Beta High Yield Bond ETF (HYDW) is up 1.3% since the beginning of the year. HYDW is currently trading at $47 per share. Investors who bought $1,000 worth of HYDW shares 5 years ago would now be looking at an investment worth $1,190.
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Returns By Period
Xtrackers Low Beta High Yield Bond ETF (HYDW) has returned 1.25% so far this year and 5.43% over the past 12 months.
Xtrackers Low Beta High Yield Bond ETF
- 1D
- -0.13%
- 1M
- 0.47%
- YTD
- 1.25%
- 6M
- 1.45%
- 1Y
- 5.43%
- 3Y*
- 7.32%
- 5Y*
- 3.54%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
HYDW Monthly Returns History
Based on dividend-adjusted daily data since Jan 11, 2018, HYDW's average daily return is +0.02%, while the average monthly return is +0.35%. At this rate, an investment would double in approximately 16.5 years.
Historically, 63% of months were positive and 37% were negative. The best month was Jul 2022 with a return of +5.9%, while the worst month was Mar 2020 at -7.9%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 4 months.
On a daily basis, HYDW closed higher 50% of trading days. The best single day was Apr 9, 2020 with a return of +5.0%, while the worst single day was Mar 16, 2020 at -5.4%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.29% | 0.34% | -0.97% | 1.22% | 0.27% | 0.10% | 1.25% | ||||||
| 2025 | 1.19% | 0.89% | -0.29% | 0.61% | 1.10% | 1.39% | -0.01% | 1.07% | 0.53% | 0.49% | 0.82% | 0.37% | 8.47% |
| 2024 | 0.04% | -0.11% | 0.99% | -1.01% | 1.45% | 0.77% | 1.82% | 1.28% | 1.00% | -1.17% | 1.11% | -0.83% | 5.42% |
| 2023 | 2.99% | -2.15% | 3.40% | -0.07% | -1.13% | 0.93% | 0.65% | -0.06% | -1.52% | -0.16% | 4.17% | 2.59% | 9.84% |
| 2022 | -2.27% | -0.74% | -1.18% | -3.52% | 2.53% | -5.42% | 5.89% | -4.40% | -2.98% | 2.87% | 3.26% | -1.51% | -7.86% |
| 2021 | -0.47% | -0.22% | 0.58% | 0.46% | 0.19% | 0.99% | 0.38% | 0.47% | -0.27% | -0.18% | -0.82% | 1.65% | 2.77% |
Benchmark Metrics
Xtrackers Low Beta High Yield Bond ETF has an annualized alpha of 0.71%, beta of 0.26, and R2 of 0.51 versus S&P 500 Index. Calculated based on daily prices since January 11, 2018.
- This ETF participated in 32.52% of S&P 500 Index downside but only 25.33% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.26 indicates this ETF moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 0.71%
- Beta
- 0.26
- R²
- 0.51
- Upside Capture
- 25.33%
- Downside Capture
- 32.52%
Expense Ratio
HYDW has an expense ratio of 0.20%, which is considered low.
Return for Risk
Risk / Return Rank
HYDW ranks 61 for risk / return — better than 61% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Xtrackers Low Beta High Yield Bond ETF (HYDW) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| HYDW | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.18 | ||
| Sortino ratioReturn per unit of downside risk | +0.08 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.37 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 2.61 | 2.78 | -0.18 |
| Martin ratioReturn relative to average drawdown | 12.38 | 12.44 | -0.06 |
Dividends
Dividend History
Xtrackers Low Beta High Yield Bond ETF provided a 5.73% dividend yield over the last twelve months, with an annual payout of $2.68 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.68 | $2.71 | $2.47 | $2.62 | $2.13 | $1.67 | $2.27 | $2.30 | $2.10 |
Dividend yield | 5.73% | 5.75% | 5.35% | 5.69% | 4.78% | 3.30% | 4.45% | 4.56% | 4.42% |
Monthly Dividends
The table displays the monthly dividend distributions for Xtrackers Low Beta High Yield Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.21 | $0.20 | $0.21 | $0.21 | $0.21 | $1.04 | ||||||
| 2025 | $0.00 | $0.22 | $0.28 | $0.21 | $0.21 | $0.15 | $0.20 | $0.21 | $0.33 | $0.20 | $0.21 | $0.49 | $2.71 |
| 2024 | $0.00 | $0.20 | $0.18 | $0.21 | $0.20 | $0.21 | $0.21 | $0.21 | $0.21 | $0.21 | $0.19 | $0.43 | $2.47 |
| 2023 | $0.00 | $0.18 | $0.17 | $0.20 | $0.20 | $0.21 | $0.25 | $0.21 | $0.23 | $0.19 | $0.20 | $0.59 | $2.62 |
| 2022 | $0.00 | $0.15 | $0.12 | $0.16 | $0.16 | $0.21 | $0.15 | $0.17 | $0.15 | $0.18 | $0.20 | $0.47 | $2.13 |
| 2021 | $0.00 | $0.15 | $0.17 | $0.14 | $0.14 | $0.15 | $0.12 | $0.13 | $0.14 | $0.13 | $0.14 | $0.25 | $1.67 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Xtrackers Low Beta High Yield Bond ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Xtrackers Low Beta High Yield Bond ETF was 17.75%, occurring on Mar 23, 2020. Recovery took 81 trading sessions.
The current Xtrackers Low Beta High Yield Bond ETF drawdown is 0.13%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -17.75%Mar 2020 | 1mo 4d | 3mo 26d | 5moFeb 2020 - Jul 2020 |
Bear market2022 | -12.68%Sep 2022 | 9mo 3d | 1y 2mo | 1y 11moDec 2021 - Dec 2023 |
Rate-hike selloffLate 2018 | -3.32%Dec 2018 | 2mo 6d | 16d | 2mo 22dOct 2018 - Jan 2019 |
2025 selloff2025 | -2.72%Apr 2025 | 5d | 16d | 21dApr 2025 - Apr 2025 |
2020 pullback2020 | -2.52%Sep 2020 | 1mo 17d | 19d | 2mo 6dAug 2020 - Oct 2020 |
Drawdown Indicators
| HYDW | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.75% | -56.78% | +39.03% |
Max Drawdown (1Y)Largest decline over 1 year | -2.09% | -9.10% | +7.01% |
Max Drawdown (3Y)Largest decline over 3 years | -3.64% | -18.90% | +15.26% |
Max Drawdown (5Y)Largest decline over 5 years | -12.68% | -25.43% | +12.75% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.13% | -1.80% | +1.67% |
Average DrawdownAverage peak-to-trough decline | -1.88% | -10.71% | +8.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.44% | 2.03% | -1.59% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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