4GLD.DE vs. XUHY.DE
4GLD.DE (Xetra-Gold) and XUHY.DE (Xtrackers USD High Yield Corporate Bond UCITS ETF 1D) are both exchange-traded funds - 4GLD.DE is a Gold fund tracking the LBMA Gold Price, while XUHY.DE is a High Yield Bonds fund tracking the Bloomberg US Corporate High Yield TR USD. Both are passively managed. Over the past 5 years, 4GLD.DE returned 18.62%/yr vs 4.67%/yr for XUHY.DE. At a 0.08 correlation, their price movements are largely independent. 4GLD.DE charges 0.00%/yr vs 0.20%/yr for XUHY.DE.
Performance
4GLD.DE vs. XUHY.DE - Performance Comparison
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Returns By Period
In the year-to-date period, 4GLD.DE achieves a -2.63% return, which is significantly lower than XUHY.DE's 3.07% return.
4GLD.DE
- 1D
- 2.93%
- 1M
- -9.07%
- YTD
- -2.63%
- 6M
- -0.59%
- 1Y
- 24.49%
- 3Y*
- 26.47%
- 5Y*
- 18.62%
- 10Y*
- 12.28%
XUHY.DE
- 1D
- -0.36%
- 1M
- 1.42%
- YTD
- 3.07%
- 6M
- 3.53%
- 1Y
- 7.41%
- 3Y*
- 6.12%
- 5Y*
- 4.67%
- 10Y*
- —
4GLD.DE vs. XUHY.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
4GLD.DE Xetra-Gold | -2.63% | 49.32% | 34.57% | 9.33% | 7.12% | 4.03% | 13.03% | 21.27% | 3.79% |
XUHY.DE Xtrackers USD High Yield Corporate Bond UCITS ETF 1D | 3.07% | -2.75% | 12.70% | 9.43% | -6.44% | 12.44% | -3.26% | 18.71% | -14.02% |
Correlation
The correlation between 4GLD.DE and XUHY.DE is -0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.10 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Feb 6, 2018 | 0.08 |
The correlation between 4GLD.DE and XUHY.DE shifts across timeframes, from -0.08 (1 year) to 0.13 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
4GLD.DE vs. XUHY.DE — Risk / Return Rank
4GLD.DE
XUHY.DE
4GLD.DE vs. XUHY.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xetra-Gold (4GLD.DE) and Xtrackers USD High Yield Corporate Bond UCITS ETF 1D (XUHY.DE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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.
| 4GLD.DE | XUHY.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.18 | ||
| Sortino ratioReturn per unit of downside risk | -0.34 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.22 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.12 | 2.39 | -1.27 |
| Martin ratioReturn relative to average drawdown | 3.41 | 7.23 | -3.82 |
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Drawdowns
4GLD.DE vs. XUHY.DE - Drawdown Comparison
The maximum 4GLD.DE drawdown since its inception was -36.79%, which is greater than XUHY.DE's maximum drawdown of -22.06%. Use the drawdown chart below to compare losses from any high point for 4GLD.DE and XUHY.DE.
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Drawdown Indicators
| 4GLD.DE | XUHY.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.79% | -22.06% | -14.73% |
Max Drawdown (1Y)Largest decline over 1 year | -21.73% | -3.08% | -18.65% |
Max Drawdown (3Y)Largest decline over 3 years | -21.73% | -12.04% | -9.69% |
Max Drawdown (5Y)Largest decline over 5 years | -21.73% | -12.04% | -9.69% |
Max Drawdown (10Y)Largest decline over 10 years | -21.73% | — | — |
Current DrawdownCurrent decline from peak | -19.44% | -2.95% | -16.49% |
Average DrawdownAverage peak-to-trough decline | -12.03% | -5.42% | -6.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.11% | 1.02% | +6.09% |
Volatility
4GLD.DE vs. XUHY.DE - Volatility Comparison
Xetra-Gold (4GLD.DE) has a higher volatility of 6.93% compared to Xtrackers USD High Yield Corporate Bond UCITS ETF 1D (XUHY.DE) at 1.11%. This indicates that 4GLD.DE's price experiences larger fluctuations and is considered to be riskier than XUHY.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 4GLD.DE | XUHY.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.93% | 1.11% | +5.82% |
Volatility (6M)Calculated over the trailing 6-month period | 20.81% | 4.26% | +16.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.70% | 6.16% | +17.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.29% | 8.49% | +7.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.56% | 12.75% | +1.81% |
4GLD.DE vs. XUHY.DE - Expense Ratio Comparison
4GLD.DE has a 0.00% expense ratio, which is lower than XUHY.DE's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
4GLD.DE vs. XUHY.DE - Dividend Comparison
4GLD.DE has not paid dividends to shareholders, while XUHY.DE's dividend yield for the trailing twelve months is around 6.60%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
4GLD.DE Xetra-Gold | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XUHY.DE Xtrackers USD High Yield Corporate Bond UCITS ETF 1D | 6.60% | 6.60% | 7.39% | 6.02% | 6.13% | 9.09% | 5.94% | 4.80% |
Frequently Asked Questions
4GLD.DE and XUHY.DE have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, 4GLD.DE is cheaper at 0.00% per year. The better choice depends on whether you care most about return, fees, risk, or income.
4GLD.DE is cheaper with a 0.00% expense ratio, compared with 0.20% for XUHY.DE.
4GLD.DE is categorized as Gold, while XUHY.DE is High Yield Bonds. 4GLD.DE tracks LBMA Gold Price, while XUHY.DE tracks Bloomberg US Corporate High Yield TR USD. They also come from different issuers: Deutsche Börse Commodities and Xtrackers. Their fees differ too: 0.00% for 4GLD.DE and 0.20% for XUHY.DE.
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