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ISIN
US2330514322
CUSIP
233051432
Issuer
DWS
Inception Date
Dec 7, 2016
Region
North America (U.S.)
Leveraged
1x (No leverage)
Index Tracked
Solactive USD High Yield Corporates Total Market Index
Distribution Policy
Distributing
Asset Class
Bond
Assets Under Management
$3B

Share Price Chart


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Performance

HYLB Performance Chart

Xtrackers USD High Yield Corporate Bond ETF (HYLB) is up 1.8% since the beginning of the year. HYLB is currently trading at $36 per share. Investors who bought $1,000 worth of HYLB shares 5 years ago would now be looking at an investment worth $1,216.


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S&P 500 Index

Returns By Period

Xtrackers USD High Yield Corporate Bond ETF (HYLB) has returned 1.79% so far this year and 6.49% over the past 12 months.


Xtrackers USD High Yield Corporate Bond ETF

1D
-0.03%
1M
0.57%
YTD
1.79%
6M
2.03%
1Y
6.49%
3Y*
9.00%
5Y*
3.99%
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%
*Multi-year figures are annualized to reflect compound growth (CAGR)

HYLB Monthly Returns History

Based on dividend-adjusted daily data since Dec 7, 2016, HYLB's average daily return is +0.02%, while the average monthly return is +0.41%. At this rate, an investment would double in approximately 14.1 years.

Historically, 69% of months were positive and 31% were negative. The best month was Jul 2022 with a return of +6.6%, while the worst month was Mar 2020 at -9.8%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 4 months.

On a daily basis, HYLB closed higher 53% of trading days. The best single day was Apr 9, 2020 with a return of +6.2%, while the worst single day was Mar 16, 2020 at -5.4%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.60%0.21%-1.60%2.23%0.32%0.05%1.79%
20251.39%0.93%-1.08%0.17%1.72%1.82%0.10%1.17%0.85%0.03%0.78%0.57%8.74%
20240.06%0.32%1.08%-1.24%1.56%0.61%2.33%1.59%1.74%-1.03%1.67%-0.74%8.14%
20233.74%-1.84%2.23%0.09%-1.27%1.99%1.03%0.25%-1.50%-1.01%4.64%3.32%12.03%
2022-2.66%-0.77%-1.20%-4.28%1.94%-7.22%6.63%-4.20%-3.60%3.41%3.19%-1.75%-10.80%
2021-0.38%-0.07%1.04%0.73%0.02%1.22%0.30%0.58%-0.26%-0.27%-1.24%2.27%3.94%

Benchmark Metrics

Xtrackers USD High Yield Corporate Bond ETF has an annualized alpha of 0.00%, beta of 0.34, and R2 of 0.60 versus S&P 500 Index. Calculated based on daily prices since December 07, 2016.

  • This ETF participated in 42.15% of S&P 500 Index downside but only 31.62% of its upside - more exposed to losses than it benefited from rallies.
  • Beta of 0.34 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
0.00%
Beta
0.34
0.60
Upside Capture
31.62%
Downside Capture
42.15%

Expense Ratio

HYLB has an expense ratio of 0.15%, which is considered low.


Return for Risk

Risk / Return Rank

HYLB ranks 59 for risk / return — on par with similar ETFs. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.


HYLB Risk / Return Rank: 5959
Overall Rank
HYLB Sharpe Ratio Rank: 5353
Sharpe Ratio Rank
HYLB Sortino Ratio Rank: 5757
Sortino Ratio Rank
HYLB Omega Ratio Rank: 5757
Omega Ratio Rank
HYLB Calmar Ratio Rank: 5959
Calmar Ratio Rank
HYLB Martin Ratio Rank: 6868
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Xtrackers USD High Yield Corporate Bond ETF (HYLB) 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.


HYLBBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-0.30

Sortino ratioReturn per unit of downside risk

-0.13

Omega ratioGain probability vs. loss probability

1.34

1.37

-0.03

Calmar ratioReturn relative to maximum drawdown

2.87

2.78

+0.08

Martin ratioReturn relative to average drawdown

12.26

12.44

-0.18

Dividends

Dividend History

Xtrackers USD High Yield Corporate Bond ETF provided a 6.47% dividend yield over the last twelve months, with an annual payout of $2.36 per share. The fund has been increasing its distributions for 4 consecutive years.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%$0.00$0.50$1.00$1.50$2.002016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM2025202420232022202120202019201820172016
Dividend$2.36$2.32$2.28$2.08$1.86$1.77$2.09$2.30$2.23$2.36$0.11

Dividend yield

6.47%6.29%6.31%5.84%5.53%4.45%5.22%5.71%5.95%5.85%0.27%

Monthly Dividends

The table displays the monthly dividend distributions for Xtrackers USD High Yield Corporate Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.21$0.17$0.22$0.19$0.20$0.99
2025$0.00$0.20$0.18$0.18$0.19$0.20$0.19$0.20$0.20$0.19$0.20$0.40$2.32
2024$0.00$0.18$0.17$0.20$0.18$0.18$0.18$0.19$0.19$0.19$0.19$0.41$2.28
2023$0.00$0.18$0.16$0.17$0.16$0.18$0.17$0.18$0.18$0.18$0.18$0.34$2.08
2022$0.00$0.16$0.14$0.15$0.16$0.14$0.18$0.14$0.18$0.15$0.15$0.31$1.86
2021$0.00$0.15$0.15$0.15$0.15$0.16$0.16$0.16$0.16$0.15$0.15$0.22$1.77

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 USD High Yield Corporate 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 USD High Yield Corporate Bond ETF was 22.91%, occurring on Mar 23, 2020. Recovery took 141 trading sessions.

The current Xtrackers USD High Yield Corporate Bond ETF drawdown is 0.11%.


Related event

Drawdown

Fall

Recovery

Underwater

COVID crash2020
-22.91%Mar 2020
1mo 4d6mo 23d
7mo 27dFeb 2020 - Oct 2020
Bear market2022
-15.54%Sep 2022
9mo 3d1y 3mo
1y 12moDec 2021 - Dec 2023
Rate-hike selloffLate 2018
-6.07%Dec 2018
2mo 23d1mo 8d
4mo 1dOct 2018 - Jan 2019
2025 selloff2025
-4.51%Apr 2025
1mo 6d1mo 4d
2mo 10dMar 2025 - May 2025
2018 pullback2018
-2.87%Feb 2018
1mo 2d5mo 16d
6mo 18dJan 2018 - Jul 2018

Drawdown Indicators


HYLBBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-22.91%

-56.78%

+33.87%

Max Drawdown (1Y)

Largest decline over 1 year

-2.27%

-9.10%

+6.83%

Max Drawdown (3Y)

Largest decline over 3 years

-4.51%

-18.90%

+14.39%

Max Drawdown (5Y)

Largest decline over 5 years

-15.54%

-25.43%

+9.89%

Max Drawdown (10Y)

Largest decline over 10 years

-33.92%

Current Drawdown

Current decline from peak

-0.11%

-1.80%

+1.69%

Average Drawdown

Average peak-to-trough decline

-2.42%

-10.71%

+8.29%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.53%

2.03%

-1.50%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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