ASHS vs. ESHY

Last updated Jul 17, 2026

ASHS (Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF) and ESHY (Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF) are both exchange-traded funds - ASHS is a China Equities fund tracking the CSI 500 Index, while ESHY is a High Yield Bonds fund tracking the JPMorgan ESG DM Corporate High Yield USD Index. Both are passively managed. ASHS charges 0.65%/yr vs 0.20%/yr for ESHY.

Performance

ASHS vs. ESHY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF (ASHS) and Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF (ESHY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ASHS

• 1D: -2.86%
• 1M: -6.52%
• 6M: -0.37%
• YTD: 10.21%
• 1Y: 42.00%
• 3Y*: 12.63%
• 5Y*: 2.59%
• 10Y*: 2.43%

ESHY

• 1D: 0.00%
• 1M: 0.00%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ASHS vs. ESHY - Yearly Performance Comparison

	2026 (YTD)
ASHS Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF	1.57%
ESHY Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF	0.00%

Return for Risk

ASHS vs. ESHY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ASHS

ASHS Risk / Return Rank: 63
ASHS Sharpe Ratio Rank: 63
ASHS Sortino Ratio Rank: 58
ASHS Omega Ratio Rank: 56
ASHS Calmar Ratio Rank: 74
ASHS Martin Ratio Rank: 63

ESHY

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ASHS vs. ESHY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF (ASHS) and Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF (ESHY). 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.

	ASHS	ESHY	Difference
Sharpe ratio: Return per unit of total volatility	1.67	—	—
Sortino ratio: Return per unit of downside risk	2.23	—	—
Omega ratio: Gain probability vs. loss probability	1.28	—	—
Calmar ratio: Return relative to maximum drawdown	3.01	—	—
Martin ratio: Return relative to average drawdown	8.87	—	—

Drawdowns

ASHS vs. ESHY - Drawdown Comparison

The maximum ASHS drawdown since its inception was -69.90%, which is greater than ESHY's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for ASHS and ESHY.

Drawdown Indicators

	ASHS	ESHY	Difference
Max Drawdown Largest peak-to-trough decline	-69.90%	0.00%	-69.90%
Max Drawdown (1Y) Largest decline over 1 year	-14.03%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-34.13%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-47.81%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-47.81%	—	—
Current Drawdown Current decline from peak	-36.39%	0.00%	-36.39%
Average Drawdown Average peak-to-trough decline	-48.40%	0.00%	-48.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.75%	—	—

Volatility

Volatility by Period

	ASHS	ESHY	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.20%	—	—
Volatility (6M) Calculated over the trailing 6-month period	19.89%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	25.32%	0.00%	+25.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.93%	0.00%	+26.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.76%	0.00%	+25.76%

ASHS vs. ESHY - Expense Ratio Comparison

ASHS has a 0.65% expense ratio, which is higher than ESHY's 0.20% expense ratio.

Dividends

ASHS vs. ESHY - Dividend Comparison

Neither ASHS nor ESHY has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ASHS Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF	0.00%	0.00%	0.69%	0.65%	1.90%	0.76%	0.43%	0.57%	0.00%	0.00%	0.00%	8.34%
ESHY Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, ASHS or ESHY?

On fees, ESHY is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ASHS or ESHY?

ESHY is cheaper with a 0.20% expense ratio, compared with 0.65% for ASHS.

Which ETF pays a higher dividend yield, ASHS or ESHY?

ASHS and ESHY have nearly identical dividend yields, around 0.00%.

What is the main difference between ASHS and ESHY?

ASHS is categorized as China Equities, while ESHY is High Yield Bonds. ASHS tracks CSI 500 Index, while ESHY tracks JPMorgan ESG DM Corporate High Yield USD Index. Their fees differ too: 0.65% for ASHS and 0.20% for ESHY.