Xtrackers USD High Yield Corporate Bond ETF (HYLB) 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 HYLB. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to HYLB
HYLB charges 0.15% annually. There are 3 ETFs in the High Yield Bonds category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Schwab High Yield Bond ETF | 0.03% | 2.75B | Jul 2023 | HYLB vs SCYB | |
| SPDR Portfolio High Yield Bond ETF | 0.05% | 11.60B | Jun 2012 | HYLB vs SPHY | |
| Nuveen High Yield Corporate Bond ETF | 0.08% | 1.70B | Sep 2025 | HYLB vs NHYB | |
| iShares Broad USD High Yield Corporate Bond ETF | 0.15% | 28.59B | Oct 2017 | HYLB vs USHY | |
| JPMorgan BetaBuilders USD High Yield Corporate Bon... | 0.15% | 615.72M | Sep 2016 | HYLB vs BBHY |
Best Risk-Adjusted Alternatives to HYLB
HYLB has a PortfoliosLab risk / return rank of 67. There are 46 ETFs in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco BulletShares 2026 High Yield Corp Bond ETF | 96 | 870.26M | Aug 2018 | HYLB vs BSJQ | |
| Virtus Seix Senior Loan ETF | 96 | 251.21M | Apr 2019 | HYLB vs SEIX | |
| WisdomTree Interest Rate Hedged High Yield Bond Fu... | 92 | 259.69M | Dec 2013 | HYLB vs HYZD | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | 90 | 865.81M | Sep 2019 | HYLB vs BSJR | |
| iShares iBonds 1-5 Year High Yield and Income Ladd... | 90 | 22.57M | Nov 2024 | HYLB vs LDRH |
Top Performing HYLB Alternatives (YTD)
HYLB is at 1.76% YTD. There are 50 ETFs in the High Yield Bonds category with higher YTD returns, going as high as 6.35%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Digital Asset Debt Strategy ETF | 6.35% | — | Aug 2025 | HYLB vs DADS | |
| Man Active High Yield ETF | 5.89% | 19.82M | Sep 2025 | HYLB vs MHY | |
| VanEck Vectors Emerging Markets High Yield Bond ET... | 4.23% | 521.46M | May 2012 | HYLB vs HYEM | |
| ProShares High Yield-Interest Rate Hedged | 4.07% | 185.42M | May 2013 | HYLB vs HYHG | |
| iShares Interest Rate Hedged High Yield Bond ETF | 3.69% | 596.69M | May 2014 | HYLB vs HYGH |
Lowest Volatility Alternatives to HYLB
HYLB has 3.75% 1-year volatility. There are 60 ETFs in the High Yield Bonds category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Xtrackers J.P. Morgan ESG USD High Yield Corporate... | 0.00% | 6.49M | Mar 2015 | HYLB vs ESHY | |
| Invesco BulletShares 2026 High Yield Corp Bond ETF | 1.30% | 870.26M | Aug 2018 | HYLB vs BSJQ | |
| Virtus Seix Senior Loan ETF | 1.63% | 251.21M | Apr 2019 | HYLB vs SEIX | |
| State Street My2027 High Yield Corporate Bond ETF | 1.73% | 4.98M | Feb 2026 | HYLB vs MYHA | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | 1.95% | 865.81M | Sep 2019 | HYLB vs BSJR |
Lowest Drawdown Alternatives to HYLB
HYLB has a 1-year max drawdown of -2.27%. There are 30 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 | |
|---|---|---|---|---|---|
| Invesco BulletShares 2026 High Yield Corp Bond ETF | -0.54% | 870.26M | Aug 2018 | HYLB vs BSJQ | |
| iShares iBonds 2027 Term High Yield and Income ETF | -0.73% | 507.25M | Jul 2021 | HYLB vs IBHG | |
| Virtus Seix Senior Loan ETF | -1.13% | 251.21M | Apr 2019 | HYLB vs SEIX | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | -1.16% | 865.81M | Sep 2019 | HYLB vs BSJR | |
| iShares iBonds 2028 Term High Yield and Income ETF | -1.22% | 457.18M | Mar 2022 | HYLB vs IBHH |
Other ETFs from DWS
The 4 most viewed DWS ETFs shown here include DBEF, ASHR, HAUZ and span 5 categories. AUM among these funds goes as high as $9B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Xtrackers MSCI EAFE Hedged Equity ETF | Foreign Large Cap Equities | 85 | 14.22% | 9.16B | Jun 2011 | HYLB vs DBEF | |
| Xtrackers Harvest CSI 300 China A-Shares ETF | China Equities, Asia Pacific Equities | 54 | 4.11% | 1.54B | Nov 2013 | HYLB vs ASHR | |
| Xtrackers International Real Estate ETF | REIT | 21 | 0.65% | 1.08B | Oct 2013 | HYLB vs HAUZ | |
| Xtrackers MSCI Europe Hedged Equity Fund | Europe Equities | 78 | 13.04% | 772.43M | Oct 2013 | HYLB vs DBEU |
Often Compared With HYLB
Investors most often compare HYLB with HYG, BND, SJNK. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare HYLB with Any Fund or Stock
Compare HYLB with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair HYLB with funds that move differently
Xtrackers USD High Yield Corporate Bond ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HYLB.
Explore HYLB Diversifiers