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 | |
|---|---|---|---|---|---|
| Schwab High Yield Bond ETF | 0.03% | 2.75B | Jul 2023 | SHYL vs SCYB | |
| SPDR Portfolio High Yield Bond ETF | 0.05% | 11.60B | Jun 2012 | SHYL vs SPHY | |
| Nuveen High Yield Corporate Bond ETF | 0.08% | 1.70B | Sep 2025 | SHYL vs NHYB | |
| iShares Broad USD High Yield Corporate Bond ETF | 0.15% | 28.59B | Oct 2017 | SHYL vs USHY | |
| Xtrackers USD High Yield Corporate Bond ETF | 0.15% | 3.46B | Dec 2016 | SHYL vs HYLB |
Best Risk-Adjusted Alternatives to SHYL
SHYL has a PortfoliosLab risk / return rank of 75. There are 27 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 | SHYL vs BSJQ | |
| Virtus Seix Senior Loan ETF | 96 | 251.21M | Apr 2019 | SHYL vs SEIX | |
| WisdomTree Interest Rate Hedged High Yield Bond Fu... | 94 | 259.69M | Dec 2013 | SHYL vs HYZD | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | 90 | 865.81M | Sep 2019 | SHYL vs BSJR | |
| iShares Interest Rate Hedged High Yield Bond ETF | 90 | 596.69M | May 2014 | SHYL vs HYGH |
Top Performing SHYL Alternatives (YTD)
SHYL is at 1.70% YTD. There are 71 ETFs in the High Yield Bonds category with higher YTD returns, going as high as 8.47%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Digital Asset Debt Strategy ETF | 8.47% | — | Aug 2025 | SHYL vs DADS | |
| Man Active High Yield ETF | 6.16% | 19.82M | Sep 2025 | SHYL vs MHY | |
| ProShares High Yield-Interest Rate Hedged | 4.39% | 185.42M | May 2013 | SHYL vs HYHG | |
| VanEck Emerging Markets High Yield Bond ETF | 4.38% | 521.46M | May 2012 | SHYL vs HYEM | |
| WisdomTree Interest Rate Hedged High Yield Bond Fu... | 3.90% | 259.69M | Dec 2013 | SHYL vs HYZD |
Lowest Volatility Alternatives to SHYL
SHYL has 3.19% 1-year volatility. There are 29 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 | SHYL vs ESHY | |
| Invesco BulletShares 2026 High Yield Corp Bond ETF | 1.29% | 870.26M | Aug 2018 | SHYL vs BSJQ | |
| Virtus Seix Senior Loan ETF | 1.63% | 251.21M | Apr 2019 | SHYL vs SEIX | |
| State Street My2027 High Yield Corporate Bond ETF | 1.73% | 4.98M | Feb 2026 | SHYL vs MYHA | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | 1.95% | 865.81M | Sep 2019 | SHYL vs BSJR |
Lowest Drawdown Alternatives to SHYL
SHYL has a 1-year max drawdown of -1.59%. There are 8 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 | SHYL vs BSJQ | |
| iShares iBonds 2027 Term High Yield and Income ETF | -0.73% | 507.25M | Jul 2021 | SHYL vs IBHG | |
| Virtus Seix Senior Loan ETF | -1.13% | 251.21M | Apr 2019 | SHYL vs SEIX | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | -1.16% | 865.81M | Sep 2019 | SHYL vs BSJR | |
| iShares iBonds 2028 Term High Yield and Income ETF | -1.22% | 457.18M | Mar 2022 | SHYL 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.
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.
Compare SHYL with Any Fund or Stock
Compare SHYL with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
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