- ISIN
- US23306X1000
- Issuer
- Xtrackers
- Inception Date
- Feb 9, 2022
- Region
- North America (U.S.)
- Category
- High Yield Bonds
- Leveraged
- 1x (No leverage)
- Index Tracked
- Adaptive Wealth Strategies Risk Managed High Yield Index - USD - US Dollar - Benchmark TR Net
- Distribution Policy
- Distributing
- Asset Class
- Bond
- Assets Under Management
- $4M
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
HYRM Performance Chart
Loading charts...
Returns By Period
Xtrackers Risk Managed USD High Yield Strategy ETF
- 1D
- —
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 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%
HYRM Monthly Returns History
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.62% | 0.11% | -1.02% | 1.56% | 0.24% | 1.50% | |||||||
| 2025 | 1.34% | 0.91% | -1.04% | -1.87% | 1.32% | 1.79% | 0.13% | 1.14% | 0.83% | -0.03% | 0.75% | 0.61% | 5.98% |
| 2024 | -0.07% | 0.39% | 1.02% | -1.18% | 1.40% | 0.62% | 2.38% | 1.41% | 1.83% | -0.95% | 1.54% | -0.77% | 7.81% |
| 2023 | 3.76% | -1.87% | 2.21% | 0.08% | -1.23% | 1.97% | 1.03% | 0.28% | -1.54% | -1.03% | 4.63% | 3.35% | 11.98% |
| 2022 | -0.06% | -1.14% | -4.29% | 1.98% | -7.26% | 6.46% | -4.25% | -3.63% | 3.47% | 3.04% | -1.65% | -7.88% |
Benchmark Metrics
Xtrackers Risk Managed USD High Yield Strategy ETF has an annualized alpha of 0.36%, beta of 0.33, and R2 of 0.54 versus S&P 500 Index. Calculated based on daily prices since February 10, 2022.
- This ETF participated in 46.52% of S&P 500 Index downside but only 34.40% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.33 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
- 0.36%
- Beta
- 0.33
- R²
- 0.54
- Upside Capture
- 34.40%
- Downside Capture
- 46.52%
Expense Ratio
HYRM has an expense ratio of 0.30%, placing it in the medium range.
Return for Risk
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Xtrackers Risk Managed USD High Yield Strategy ETF (HYRM) 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.
| HYRM | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.37 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.78 | — |
| Martin ratioReturn relative to average drawdown | — | 12.44 | — |
Dividends
Dividend History
Xtrackers Risk Managed USD High Yield Strategy ETF provided a 5.92% dividend yield over the last twelve months, with an annual payout of $1.38 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Dividend | $1.38 | $1.47 | $1.43 | $1.34 | $1.03 |
Dividend yield | 5.92% | 6.28% | 6.08% | 5.78% | 4.69% |
Monthly Dividends
The table displays the monthly dividend distributions for Xtrackers Risk Managed USD High Yield Strategy 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 | $0.13 | $0.11 | $0.13 | $0.06 | $0.43 | |||||||
| 2025 | $0.00 | $0.12 | $0.11 | $0.12 | $0.04 | $0.13 | $0.12 | $0.12 | $0.13 | $0.12 | $0.12 | $0.34 | $1.47 |
| 2024 | $0.00 | $0.11 | $0.10 | $0.12 | $0.11 | $0.11 | $0.12 | $0.12 | $0.12 | $0.12 | $0.12 | $0.28 | $1.43 |
| 2023 | $0.00 | $0.10 | $0.10 | $0.11 | $0.10 | $0.11 | $0.11 | $0.11 | $0.12 | $0.11 | $0.12 | $0.25 | $1.34 |
| 2022 | $0.06 | $0.08 | $0.10 | $0.09 | $0.10 | $0.09 | $0.11 | $0.10 | $0.29 | $1.03 |
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.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Xtrackers Risk Managed USD High Yield Strategy 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 Risk Managed USD High Yield Strategy ETF was 12.43%, occurring on Sep 27, 2022. Recovery took 297 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -12.43%Sep 2022 | 7mo 19d | 1y 2mo | 1y 9moFeb 2022 - Dec 2023 |
2025 selloff2025 | -4.62%Apr 2025 | 1mo 6d | 2mo 23d | 3mo 29dMar 2025 - Jun 2025 |
2026 pullback2026 | -2.53%Mar 2026 | 2mo 13d | 18d | 3mo 1dJan 2026 - Apr 2026 |
2024 pullback2024 | -2.14%Apr 2024 | 19d | 17d | 1mo 6dMar 2024 - May 2024 |
2024 pullback2024 | -1.67%Dec 2024 | 10d | 29d | 1mo 9dDec 2024 - Jan 2025 |
Drawdown Indicators
| HYRM | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | — | -56.78% | — |
Max Drawdown (1Y)Largest decline over 1 year | — | -9.10% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | — | -1.80% | — |
Average DrawdownAverage peak-to-trough decline | — | -10.71% | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.03% | — |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with HYRM
Add Xtrackers Risk Managed USD High Yield Strategy ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with HYRM