HYDW Alternatives & Similar ETFs

Xtrackers Low Beta High Yield Bond ETF (HYDW) belongs to the High Yield Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with HYDW. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to HYDW

HYDW charges 0.20% annually. There are 6 ETFs in the High Yield Bonds category with lower expense ratios, going as low as 0.03%.

Symbol	Name	Expense Ratio	AUM	Inception
SCYB	Schwab High Yield Bond ETF	0.03%	2.68B	Jul 2023	HYDW vs SCYB
SPHY	SPDR Portfolio High Yield Bond ETF	0.05%	11.41B	Jun 2012	HYDW vs SPHY
NHYB	Nuveen High Yield Corporate Bond ETF	0.08%	1.71B	Sep 2025	HYDW vs NHYB
USHY	iShares Broad USD High Yield Corporate Bond ETF	0.15%	28.80B	Oct 2017	HYDW vs USHY
HYLB	Xtrackers USD High Yield Corporate Bond ETF	0.15%	3.54B	Dec 2016	HYDW vs HYLB

Best Risk-Adjusted Alternatives to HYDW

HYDW has a PortfoliosLab risk / return rank of 73. There are 27 ETFs in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 96.

Symbol	Name	Risk / Return Rank	AUM	Inception
BSJQ	Invesco BulletShares 2026 High Yield Corp Bond ETF	96	907.20M	Aug 2018	HYDW vs BSJQ
BSJR	Invesco BulletShares 2027 High Yield Corporate Bon...	90	852.94M	Sep 2019	HYDW vs BSJR
HYZD	WisdomTree Interest Rate Hedged High Yield Bond Fu...	89	255.19M	Dec 2013	HYDW vs HYZD
LDRH	iShares iBonds 1-5 Year High Yield and Income Ladd...	88	22.06M	Nov 2024	HYDW vs LDRH
IBHG	iShares iBonds 2027 Term High Yield and Income ETF	87	499.12M	Jul 2021	HYDW vs IBHG

Top Performing HYDW Alternatives (YTD)

HYDW is at 1.35% YTD. There are 72 ETFs in the High Yield Bonds category with higher YTD returns, going as high as 8.09%.

Symbol	Name	YTD Return	AUM	Inception
DADS	Digital Asset Debt Strategy ETF	8.09%	—	Aug 2025	HYDW vs DADS
MHY	Man Active High Yield ETF	5.06%	19.82M	Sep 2025	HYDW vs MHY
HYHG	ProShares High Yield-Interest Rate Hedged	4.22%	179.11M	May 2013	HYDW vs HYHG
HYEM	VanEck Vectors Emerging Markets High Yield Bond ET...	4.07%	522.28M	May 2012	HYDW vs HYEM
HYGH	iShares Interest Rate Hedged High Yield Bond ETF	3.61%	566.14M	May 2014	HYDW vs HYGH

Lowest Volatility Alternatives to HYDW

HYDW has 2.91% 1-year volatility. There are 16 ETFs in the High Yield Bonds category with lower 1-year volatility, going as low as 0.00%.

Symbol	Name	Volatility 1Y	AUM	Inception
ESHY	Xtrackers J.P. Morgan ESG USD High Yield Corporate...	0.00%	6.49M	Mar 2015	HYDW vs ESHY
BSJQ	Invesco BulletShares 2026 High Yield Corp Bond ETF	1.35%	907.20M	Aug 2018	HYDW vs BSJQ
FLRT	Pacific Global Senior Loan ETF	1.47%	637.48M	Feb 2015	HYDW vs FLRT
MYHA	State Street My2027 High Yield Corporate Bond ETF	1.84%	4.98M	Feb 2026	HYDW vs MYHA
BSJR	Invesco BulletShares 2027 High Yield Corporate Bon...	1.96%	852.94M	Sep 2019	HYDW vs BSJR

Lowest Drawdown Alternatives to HYDW

HYDW has a 1-year max drawdown of -2.09%. There are 24 ETFs in the High Yield Bonds category with shallower 1-year drawdowns, going as shallow as -0.54%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
BSJQ	Invesco BulletShares 2026 High Yield Corp Bond ETF	-0.54%	907.20M	Aug 2018	HYDW vs BSJQ
IBHG	iShares iBonds 2027 Term High Yield and Income ETF	-0.73%	499.12M	Jul 2021	HYDW vs IBHG
BSJR	Invesco BulletShares 2027 High Yield Corporate Bon...	-1.16%	852.94M	Sep 2019	HYDW vs BSJR
IBHH	iShares iBonds 2028 Term High Yield and Income ETF	-1.22%	450.96M	Mar 2022	HYDW vs IBHH
LDRH	iShares iBonds 1-5 Year High Yield and Income Ladd...	-1.23%	22.06M	Nov 2024	HYDW vs LDRH

Other ETFs from Deutsche Bank

The 10 most viewed Deutsche Bank ETFs shown here include DGP, HDEF, SNPE and span 11 categories. AUM among these funds goes as high as $3B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
DGP	DB Gold Double Long Exchange Traded Notes	Leveraged Commodities, Gold, Precious Metals	19	-19.95%	228.65M	Feb 2008	HYDW vs DGP
HDEF	Xtrackers MSCI EAFE High Dividend Yield Equity ETF	Foreign Large Cap Equities, Dividend	53	8.35%	2.26B	Aug 2015	HYDW vs HDEF
SNPE	Xtrackers S&P 500 ESG ETF	S&P 500, ESG	71	9.78%	2.62B	Jun 2019	HYDW vs SNPE
CN	Xtrackers MSCI All China Equity ETF	China Equities, Asia Pacific Equities	—	—	5.96M	Apr 2014	HYDW vs CN
SHYL	Xtrackers Short Duration High Yield Bond ETF	High Yield Bonds	69	1.41%	265.09M	Jan 2018	HYDW vs SHYL
DBAW	Xtrackers MSCI All World ex US Hedged Equity ETF	Foreign Large Cap Equities	84	15.07%	271.91M	Jan 2014	HYDW vs DBAW
HYUP	Xtrackers High Beta High Yield Bond ETF	High Yield Bonds	52	1.81%	45.57M	Jan 2018	HYDW vs HYUP
ASHS	Xtrackers Harvest CSI 500 China A-Shares Small Cap...	China Equities, Asia Pacific Equities	69	12.81%	36.68M	May 2014	HYDW vs ASHS
USSG	Xtrackers MSCI USA ESG Leaders Equity ETF	Large Cap Growth Equities	59	9.94%	571.82M	Mar 2019	HYDW vs USSG
EASG	Xtrackers MSCI EAFE ESG Leaders Equity ETF	Foreign Large Cap Equities	42	9.60%	67.13M	Sep 2018	HYDW vs EASG

Often Compared With HYDW

Investors most often compare HYDW with BKHY, HYBB, DJP. These 20 comparison targets span 17 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
BKHY	BNY Mellon High Yield Beta ETF	High Yield Bonds	68	1.98%	158.50M	Apr 2020	HYDW vs BKHY
HYBB	iShares BB Rated Corporate Bond ETF	High Yield Bonds	68	1.59%	409.02M	Oct 2020	HYDW vs HYBB
DJP	iPath Bloomberg Commodity Index Total Return ETN	Commodities	56	22.44%	884.68M	Jun 2006	HYDW vs DJP
HYGV	FlexShares High Yield Value-Scored US Bond Index F...	High Yield Bonds	62	1.84%	1.09B	Jul 2018	HYDW vs HYGV
VWEAX	Vanguard High-Yield Corporate Fund Admiral Shares	High Yield Bonds	70	1.37%	25.80B	Nov 2001	HYDW vs VWEAX
SPY	State Street SPDR S&P 500 ETF	S&P 500	66	10.45%	783.21B	Jan 1993	HYDW vs SPY
IBHD	iShares iBonds 2024 Term High Yield & Income ETF	High Yield Bonds	—	—	310.08M	May 2019	HYDW vs IBHD
EIFAX	Eaton Vance Floating-Rate Advantage Fund	Bank Loan	32	0.61%	—	Mar 2008	HYDW vs EIFAX
BGHSX	BrandywineGLOBAL - High Yield Fund	High Yield Bonds	35	0.45%	—	Dec 2014	HYDW vs BGHSX
MIDE	Xtrackers S&P MidCap 400 ESG ETF	Mid Cap Blend Equities	53	14.49%	3.40M	Feb 2021	HYDW vs MIDE
DBEZ	Xtrackers MSCI Eurozone Hedged Equity ETF	Europe Equities	52	11.95%	74.54M	Dec 2014	HYDW vs DBEZ
IBHE	iShares iBonds 2025 Term High Yield & Income ETF	High Yield Bonds	—	—	364.90M	May 2019	HYDW vs IBHE
DZZ	DB Gold Double Short Exchange Traded Notes	Leveraged Commodities, Gold, Precious Metals	23	-48.70%	941.91K	Feb 2008	HYDW vs DZZ
EMCR	Xtrackers Emerging Markets Carbon Reduction and Cl...	Emerging Markets Equities	57	15.90%	58.56M	Dec 2018	HYDW vs EMCR
DBJP	Xtrackers MSCI Japan Hedged Equity ETF	Japan Equities, Asia Pacific Equities	92	21.63%	697.16M	Jun 2011	HYDW vs DBJP
KOKU	Xtrackers MSCI Kokusai Equity ETF	Large Cap Growth Equities	56	8.75%	802.28M	Apr 2020	HYDW vs KOKU
DGZ	DB Gold Short Exchange Traded Notes	Inverse Commodities, Gold, Precious Metals	8	7.37%	1.84M	Feb 2008	HYDW vs DGZ
DEEF	Xtrackers FTSE Developed ex US Multifactor ETF	Foreign Large Cap Equities	50	9.48%	54.54M	Nov 2015	HYDW vs DEEF
ASHX	Xtrackers MSCI China A Inclusion Equity ETF	China Equities, Asia Pacific Equities	—	—	4.63M	Oct 2015	HYDW vs ASHX
RVNU	Xtrackers Municipal Infrastructure Revenue Bond ET...	Municipal Bonds	86	4.58%	143.84M	Jun 2013	HYDW vs RVNU

Compare HYDW with Any Fund or Stock

Compare HYDW with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

Symbol name

Diversifiers

Pair HYDW with funds that move differently

Xtrackers Low Beta High Yield Bond ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HYDW.

Explore HYDW Diversifiers

Xtrackers Low Beta High Yield Bond ETF (HYDW) Alternatives