SHYL Alternatives & Similar ETFs

Xtrackers Short Duration High Yield Bond ETF (SHYL) 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 SHYL. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to SHYL

SHYL 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	SHYL vs SCYB
SPHY	SPDR Portfolio High Yield Bond ETF	0.05%	11.41B	Jun 2012	SHYL vs SPHY
NHYB	Nuveen High Yield Corporate Bond ETF	0.08%	1.71B	Sep 2025	SHYL vs NHYB
USHY	iShares Broad USD High Yield Corporate Bond ETF	0.15%	28.80B	Oct 2017	SHYL vs USHY
HYLB	Xtrackers USD High Yield Corporate Bond ETF	0.15%	3.54B	Dec 2016	SHYL vs HYLB

Best Risk-Adjusted Alternatives to SHYL

SHYL has a PortfoliosLab risk / return rank of 66. 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
BSJQ	Invesco BulletShares 2026 High Yield Corp Bond ETF	96	907.20M	Aug 2018	SHYL vs BSJQ
HYZD	WisdomTree Interest Rate Hedged High Yield Bond Fu...	90	255.19M	Dec 2013	SHYL vs HYZD
LDRH	iShares iBonds 1-5 Year High Yield and Income Ladd...	90	22.06M	Nov 2024	SHYL vs LDRH
BSJR	Invesco BulletShares 2027 High Yield Corporate Bon...	89	852.94M	Sep 2019	SHYL vs BSJR
IBHG	iShares iBonds 2027 Term High Yield and Income ETF	89	499.12M	Jul 2021	SHYL vs IBHG

Top Performing SHYL Alternatives (YTD)

SHYL is at 1.56% YTD. There are 69 ETFs in the High Yield Bonds category with higher YTD returns, going as high as 8.74%.

Symbol	Name	YTD Return	AUM	Inception
DADS	Digital Asset Debt Strategy ETF	8.74%	—	Aug 2025	SHYL vs DADS
MHY	Man Active High Yield ETF	5.13%	19.82M	Sep 2025	SHYL vs MHY
HYEM	VanEck Vectors Emerging Markets High Yield Bond ET...	4.28%	522.28M	May 2012	SHYL vs HYEM
HYHG	ProShares High Yield-Interest Rate Hedged	3.86%	179.11M	May 2013	SHYL vs HYHG
HYGH	iShares Interest Rate Hedged High Yield Bond ETF	3.54%	566.14M	May 2014	SHYL vs HYGH

Lowest Volatility Alternatives to SHYL

SHYL has 3.18% 1-year volatility. There are 28 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	SHYL vs ESHY
BSJQ	Invesco BulletShares 2026 High Yield Corp Bond ETF	1.35%	907.20M	Aug 2018	SHYL vs BSJQ
FLRT	Pacific Global Senior Loan ETF	1.47%	637.48M	Feb 2015	SHYL vs FLRT
MYHA	State Street My2027 High Yield Corporate Bond ETF	1.83%	4.98M	Feb 2026	SHYL vs MYHA
BSJR	Invesco BulletShares 2027 High Yield Corporate Bon...	1.96%	852.94M	Sep 2019	SHYL vs BSJR

Lowest Drawdown Alternatives to SHYL

SHYL has a 1-year max drawdown of -1.59%. There are 7 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	SHYL vs BSJQ
IBHG	iShares iBonds 2027 Term High Yield and Income ETF	-0.73%	499.12M	Jul 2021	SHYL vs IBHG
BSJR	Invesco BulletShares 2027 High Yield Corporate Bon...	-1.16%	852.94M	Sep 2019	SHYL vs BSJR
IBHH	iShares iBonds 2028 Term High Yield and Income ETF	-1.22%	450.96M	Mar 2022	SHYL vs IBHH
LDRH	iShares iBonds 1-5 Year High Yield and Income Ladd...	-1.23%	22.06M	Nov 2024	SHYL 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	20	-18.28%	228.65M	Feb 2008	SHYL vs DGP
HDEF	Xtrackers MSCI EAFE High Dividend Yield Equity ETF	Foreign Large Cap Equities, Dividend	53	8.49%	2.26B	Aug 2015	SHYL vs HDEF
SNPE	Xtrackers S&P 500 ESG ETF	S&P 500, ESG	73	10.52%	2.62B	Jun 2019	SHYL vs SNPE
CN	Xtrackers MSCI All China Equity ETF	China Equities, Asia Pacific Equities	—	—	5.96M	Apr 2014	SHYL vs CN
DBAW	Xtrackers MSCI All World ex US Hedged Equity ETF	Foreign Large Cap Equities	85	15.81%	271.91M	Jan 2014	SHYL vs DBAW
HYUP	Xtrackers High Beta High Yield Bond ETF	High Yield Bonds	53	2.09%	45.57M	Jan 2018	SHYL vs HYUP
ASHS	Xtrackers Harvest CSI 500 China A-Shares Small Cap...	China Equities, Asia Pacific Equities	75	16.06%	36.68M	May 2014	SHYL vs ASHS
USSG	Xtrackers MSCI USA ESG Leaders Equity ETF	Large Cap Growth Equities	59	10.29%	571.82M	Mar 2019	SHYL vs USSG
HYDW	Xtrackers Low Beta High Yield Bond ETF	High Yield Bonds	74	1.53%	65.28M	Jan 2018	SHYL vs HYDW
EASG	Xtrackers MSCI EAFE ESG Leaders Equity ETF	Foreign Large Cap Equities	43	10.39%	67.13M	Sep 2018	SHYL vs EASG

Often Compared With SHYL

Investors most often compare SHYL with SHYG, BND, HYBB. These 20 comparison targets span 20 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
SHYG	iShares 0-5 Year High Yield Corporate Bond ETF	High Yield Bonds	78	1.97%	7.60B	Oct 2013	SHYL vs SHYG
BND	Vanguard Total Bond Market ETF	Total Bond Market	34	0.11%	394.40B	Apr 2007	SHYL vs BND
HYBB	iShares BB Rated Corporate Bond ETF	High Yield Bonds	72	1.85%	409.02M	Oct 2020	SHYL vs HYBB
SHY	iShares 1-3 Year Treasury Bond ETF	Government Bonds, Short-Term Bond	86	0.67%	25.67B	Jul 2002	SHYL vs SHY
AMC	AMC Entertainment Holdings, Inc.		24	25.64%	—	—	SHYL vs AMC
TMF	Direxion Daily 20+ Year Treasury Bull 3X ETF	Leveraged Bonds	7	-10.33%	2.23B	Apr 2009	SHYL vs TMF
AOM	iShares Core Moderate Allocation ETF	Diversified Portfolio	63	4.76%	1.78B	Nov 2008	SHYL vs AOM
AOA	iShares Core 80/20 Aggressive Allocation ETF	Diversified Portfolio	66	9.52%	3.21B	Nov 2008	SHYL vs AOA
HWHIX	Hotchkis & Wiley High Yield Fund	High Yield Bonds	42	1.52%	—	Mar 2009	SHYL vs HWHIX
USD	ProShares Ultra Semiconductors	Leveraged Equities, Semiconductors	76	81.18%	2.97B	Jan 2007	SHYL vs USD
VOO	Vanguard S&P 500 ETF	S&P 500	67	10.87%	1.70T	Sep 2010	SHYL vs VOO
IBHD	iShares iBonds 2024 Term High Yield & Income ETF	High Yield Bonds	—	—	310.08M	May 2019	SHYL vs IBHD
CLOZ	Panagram BBB-B CLO ETF	CLO	59	3.00%	825.65M	Jan 2023	SHYL vs CLOZ
FLHY	Franklin Liberty High Yield Corporate ETF	High Yield Bonds	77	2.20%	1.20B	May 2018	SHYL vs FLHY
JEPI	JPMorgan Equity Premium Income ETF	Dividend, Derivative Income	31	2.97%	45.17B	May 2020	SHYL vs JEPI
DZZ	DB Gold Double Short Exchange Traded Notes	Leveraged Commodities, Gold, Precious Metals	23	-47.53%	941.91K	Feb 2008	SHYL vs DZZ
DGZ	DB Gold Short Exchange Traded Notes	Inverse Commodities, Gold, Precious Metals	9	9.68%	1.84M	Feb 2008	SHYL vs DGZ
DBJP	Xtrackers MSCI Japan Hedged Equity ETF	Japan Equities, Asia Pacific Equities	93	23.02%	697.16M	Jun 2011	SHYL vs DBJP
LQDH	iShares Interest Rate Hedged Corporate Bond ETF	Corporate Bonds	83	1.83%	499.48M	May 2014	SHYL vs LQDH
MIDE	Xtrackers S&P MidCap 400 ESG ETF	Mid Cap Blend Equities	53	15.01%	3.40M	Feb 2021	SHYL vs MIDE

Compare SHYL with Any Fund or Stock

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

Symbol name

Diversifiers

Pair SHYL with funds that move differently

Xtrackers Short Duration High Yield Bond ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SHYL.

Explore SHYL Diversifiers

Xtrackers Short Duration High Yield Bond ETF (SHYL) Alternatives