ASRG.DE vs. XHY1.DE
ASRG.DE (BNP Paribas Easy EUR High Yield SRI Fossil Free UCITS ETF Dis) and XHY1.DE (Xtrackers iBoxx EUR High Yield Bond 1-3 Swap UCITS ETF) are both European High Yield Bonds funds - ASRG.DE tracks the Bloomberg MSCI Euro High Yield SRI Sustainable Ex Fossil Fuel while XHY1.DE tracks the iBoxx® EUR Liquid High Yield 1-3. Both are passively managed. Over the past 5 years, ASRG.DE returned 2.27%/yr vs 2.77%/yr for XHY1.DE. A 0.63 correlation means they provide meaningful diversification when combined. Both charge a 0.25% expense ratio.
Performance
ASRG.DE vs. XHY1.DE - Performance Comparison
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Returns By Period
In the year-to-date period, ASRG.DE achieves a 0.92% return, which is significantly higher than XHY1.DE's 0.57% return.
ASRG.DE
- 1D
- 0.16%
- 1M
- 1.07%
- YTD
- 0.92%
- 6M
- 1.54%
- 1Y
- 3.57%
- 3Y*
- 6.79%
- 5Y*
- 2.27%
- 10Y*
- —
XHY1.DE
- 1D
- 0.06%
- 1M
- 0.42%
- YTD
- 0.57%
- 6M
- 0.99%
- 1Y
- 3.24%
- 3Y*
- 5.12%
- 5Y*
- 2.77%
- 10Y*
- 2.58%
ASRG.DE vs. XHY1.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
ASRG.DE BNP Paribas Easy EUR High Yield SRI Fossil Free UCITS ETF Dis | 0.92% | 5.01% | 6.41% | 11.23% | -11.07% | 1.62% |
XHY1.DE Xtrackers iBoxx EUR High Yield Bond 1-3 Swap UCITS ETF | 0.57% | 4.80% | 5.09% | 6.88% | -3.97% | 1.42% |
Correlation
The correlation between ASRG.DE and XHY1.DE is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.48 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.51 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.64 |
Correlation (All Time) Calculated using the full available price history since Mar 26, 2021 | 0.63 |
The correlation between ASRG.DE and XHY1.DE shifts across timeframes, from 0.48 (1 year) to 0.64 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
ASRG.DE vs. XHY1.DE — Risk / Return Rank
ASRG.DE
XHY1.DE
ASRG.DE vs. XHY1.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BNP Paribas Easy EUR High Yield SRI Fossil Free UCITS ETF Dis (ASRG.DE) and Xtrackers iBoxx EUR High Yield Bond 1-3 Swap UCITS ETF (XHY1.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.
| ASRG.DE | XHY1.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.40 | ||
| Sortino ratioReturn per unit of downside risk | -0.72 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.25 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.08 | 2.26 | -1.18 |
| Martin ratioReturn relative to average drawdown | 4.36 | 10.14 | -5.78 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ASRG.DE | XHY1.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.86 | 1.26 | -0.40 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.41 | 0.62 | -0.21 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.34 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 0.31 | +0.13 |
Drawdowns
ASRG.DE vs. XHY1.DE - Drawdown Comparison
The maximum ASRG.DE drawdown since its inception was -16.66%, smaller than the maximum XHY1.DE drawdown of -25.91%. Use the drawdown chart below to compare losses from any high point for ASRG.DE and XHY1.DE.
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Drawdown Indicators
| ASRG.DE | XHY1.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.66% | -25.91% | +9.25% |
Max Drawdown (1Y)Largest decline over 1 year | -3.30% | -1.43% | -1.87% |
Max Drawdown (3Y)Largest decline over 3 years | -3.91% | -2.78% | -1.13% |
Max Drawdown (5Y)Largest decline over 5 years | -16.66% | -8.53% | -8.13% |
Max Drawdown (10Y)Largest decline over 10 years | — | -25.91% | — |
Current DrawdownCurrent decline from peak | -0.05% | -0.12% | +0.07% |
Average DrawdownAverage peak-to-trough decline | -3.97% | -1.55% | -2.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.82% | 0.32% | +0.50% |
Volatility
ASRG.DE vs. XHY1.DE - Volatility Comparison
BNP Paribas Easy EUR High Yield SRI Fossil Free UCITS ETF Dis (ASRG.DE) has a higher volatility of 1.02% compared to Xtrackers iBoxx EUR High Yield Bond 1-3 Swap UCITS ETF (XHY1.DE) at 0.63%. This indicates that ASRG.DE's price experiences larger fluctuations and is considered to be riskier than XHY1.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ASRG.DE | XHY1.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.02% | 0.63% | +0.39% |
Volatility (6M)Calculated over the trailing 6-month period | 3.35% | 2.03% | +1.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.15% | 2.56% | +1.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.52% | 4.45% | +1.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.44% | 7.54% | -2.10% |
ASRG.DE vs. XHY1.DE - Expense Ratio Comparison
Both ASRG.DE and XHY1.DE have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
ASRG.DE vs. XHY1.DE - Dividend Comparison
ASRG.DE's dividend yield for the trailing twelve months is around 3.95%, less than XHY1.DE's 4.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
ASRG.DE BNP Paribas Easy EUR High Yield SRI Fossil Free UCITS ETF Dis | 3.95% | 4.69% | 5.97% | 2.99% | 3.91% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XHY1.DE Xtrackers iBoxx EUR High Yield Bond 1-3 Swap UCITS ETF | 4.02% | 3.93% | 5.53% | 6.87% | 4.97% | 5.12% | 2.95% | 1.78% | 1.35% | 3.10% | 3.14% |
Frequently Asked Questions
ASRG.DE and XHY1.DE have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.25% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
ASRG.DE and XHY1.DE have the same expense ratio: 0.25% per year.
ASRG.DE tracks Bloomberg MSCI Euro High Yield SRI Sustainable Ex Fossil Fuel, while XHY1.DE tracks iBoxx® EUR Liquid High Yield 1-3. They also come from different issuers: BNP Paribas and Xtrackers.
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