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%	2.75B	Jul 2023	HYDW vs SCYB
SPHY	SPDR Portfolio High Yield Bond ETF	0.05%	11.60B	Jun 2012	HYDW vs SPHY
NHYB	Nuveen High Yield Corporate Bond ETF	0.08%	1.70B	Sep 2025	HYDW vs NHYB
BBHY	JPMorgan BetaBuilders USD High Yield Corporate Bon...	0.15%	615.72M	Sep 2016	HYDW vs BBHY
HYLB	Xtrackers USD High Yield Corporate Bond ETF	0.15%	3.46B	Dec 2016	HYDW vs HYLB

Best Risk-Adjusted Alternatives to HYDW

HYDW has a PortfoliosLab risk / return rank of 76. There are 28 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	870.26M	Aug 2018	HYDW vs BSJQ
SEIX	Virtus Seix Senior Loan ETF	96	251.21M	Apr 2019	HYDW vs SEIX
HYZD	WisdomTree Interest Rate Hedged High Yield Bond Fu...	92	259.69M	Dec 2013	HYDW vs HYZD
BSJR	Invesco BulletShares 2027 High Yield Corporate Bon...	90	865.81M	Sep 2019	HYDW vs BSJR
LDRH	iShares iBonds 1-5 Year High Yield and Income Ladd...	90	22.57M	Nov 2024	HYDW vs LDRH

Top Performing HYDW Alternatives (YTD)

HYDW is at 1.37% YTD. There are 76 ETFs in the High Yield Bonds category with higher YTD returns, going as high as 6.35%.

Symbol	Name	YTD Return	AUM	Inception
DADS	Digital Asset Debt Strategy ETF	6.35%	—	Aug 2025	HYDW vs DADS
MHY	Man Active High Yield ETF	5.89%	19.82M	Sep 2025	HYDW vs MHY
HYEM	VanEck Emerging Markets High Yield Bond ETF	4.23%	521.46M	May 2012	HYDW vs HYEM
HYHG	ProShares High Yield-Interest Rate Hedged	4.07%	185.42M	May 2013	HYDW vs HYHG
HYGH	iShares Interest Rate Hedged High Yield Bond ETF	3.69%	596.69M	May 2014	HYDW vs HYGH

Lowest Volatility Alternatives to HYDW

HYDW has 2.86% 1-year volatility. There are 17 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	1.30%	870.26M	Aug 2018	HYDW vs BSJQ
SEIX	Virtus Seix Senior Loan ETF	1.63%	251.21M	Apr 2019	HYDW vs SEIX
MYHA	State Street My2027 High Yield Corporate Bond ETF	1.73%	4.98M	Feb 2026	HYDW vs MYHA
BSJR	Invesco BulletShares 2027 High Yield Corporate Bon...	1.95%	865.81M	Sep 2019	HYDW vs BSJR

Lowest Drawdown Alternatives to HYDW

HYDW has a 1-year max drawdown of -2.09%. There are 25 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%	870.26M	Aug 2018	HYDW vs BSJQ
IBHG	iShares iBonds 2027 Term High Yield and Income ETF	-0.73%	507.25M	Jul 2021	HYDW vs IBHG
SEIX	Virtus Seix Senior Loan ETF	-1.13%	251.21M	Apr 2019	HYDW vs SEIX
BSJR	Invesco BulletShares 2027 High Yield Corporate Bon...	-1.16%	865.81M	Sep 2019	HYDW vs BSJR
IBHH	iShares iBonds 2028 Term High Yield and Income ETF	-1.22%	457.18M	Mar 2022	HYDW vs IBHH

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	27	-18.18%	228.65M	Feb 2008	HYDW vs DGP
HDEF	Xtrackers MSCI EAFE High Dividend Yield Equity ETF	Foreign Large Cap Equities, Dividend	83	12.33%	2.35B	Aug 2015	HYDW vs HDEF
SNPE	Xtrackers S&P 500 ESG ETF	S&P 500, ESG	74	10.37%	2.63B	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	71	1.40%	268.77M	Jan 2018	HYDW vs SHYL
DBAW	Xtrackers MSCI All World ex US Hedged Equity ETF	Foreign Large Cap Equities	86	15.22%	291.43M	Jan 2014	HYDW vs DBAW
HYUP	Xtrackers High Beta High Yield Bond ETF	High Yield Bonds	53	1.73%	45.33M	Jan 2018	HYDW vs HYUP
ASHS	Xtrackers Harvest CSI 500 China A-Shares Small Cap...	China Equities, Asia Pacific Equities	48	5.42%	31.78M	May 2014	HYDW vs ASHS
USSG	Xtrackers MSCI USA ESG Leaders Equity ETF	Large Cap Growth Equities	60	10.17%	560.95M	Mar 2019	HYDW vs USSG
EASG	Xtrackers MSCI EAFE ESG Leaders Equity ETF	Foreign Large Cap Equities	59	11.08%	67.54M	Sep 2018	HYDW vs EASG

Often Compared With HYDW

Investors most often compare HYDW with BKHY, HYBB, DJP. These 20 comparison targets span 16 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	66	1.85%	160.31M	Apr 2020	HYDW vs BKHY
HYBB	iShares BB Rated Corporate Bond ETF	High Yield Bonds	69	1.54%	425.75M	Oct 2020	HYDW vs HYBB
DJP	iPath Bloomberg Commodity Index Total Return ETN	Commodities	78	25.98%	969.83M	Jun 2006	HYDW vs DJP
HYGV	FlexShares High Yield Value-Scored Bond Index Fund	High Yield Bonds	65	1.96%	1.09B	Jul 2018	HYDW vs HYGV
VWEAX	Vanguard High-Yield Corporate Fund Admiral Shares	High Yield Bonds	75	0.81%	25.80B	Nov 2001	HYDW vs VWEAX
SPY	State Street SPDR S&P 500 ETF	S&P 500	67	10.13%	789.06B	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	45	0.51%	—	Mar 2008	HYDW vs EIFAX
BGHSX	BrandywineGLOBAL - High Yield Fund	High Yield Bonds	38	-0.16%	—	Dec 2014	HYDW vs BGHSX
MIDE	Xtrackers S&P MidCap 400 ESG ETF	Mid Cap Blend Equities	69	15.09%	3.40M	Feb 2021	HYDW vs MIDE
DBEZ	Xtrackers MSCI Eurozone Hedged Equity ETF	Europe Equities	67	13.66%	75.00M	Dec 2014	HYDW vs DBEZ
DGZ	DB Gold Short Exchange Traded Notes	Inverse Commodities, Gold, Precious Metals	8	1.46%	1.84M	Feb 2008	HYDW vs DGZ
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	24	-50.53%	941.91K	Feb 2008	HYDW vs DZZ
KOKU	Xtrackers MSCI Kokusai Equity ETF	Large Cap Growth Equities	69	10.22%	795.33M	Apr 2020	HYDW vs KOKU
ASHX	Xtrackers MSCI China A Inclusion Equity ETF	China Equities, Asia Pacific Equities	—	—	4.63M	Oct 2015	HYDW vs ASHX
DEEF	Xtrackers FTSE Developed ex US Multifactor ETF	Foreign Large Cap Equities	68	11.88%	55.64M	Nov 2015	HYDW vs DEEF
EMCR	Xtrackers Emerging Markets Carbon Reduction and Cl...	Emerging Markets Equities	56	14.41%	56.42M	Dec 2018	HYDW vs EMCR
DBJP	Xtrackers MSCI Japan Hedged Equity ETF	Japan Equities, Asia Pacific Equities	89	19.08%	674.46M	Jun 2011	HYDW vs DBJP
USHY	iShares Broad USD High Yield Corporate Bond ETF	High Yield Bonds	67	1.77%	28.59B	Oct 2017	HYDW vs USHY

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