BHYB vs. HYXU

Last updated Jun 5, 2026

BHYB (Xtrackers USD High Yield BB-B ex Financials ETF) and HYXU (iShares Euro High Yield Corporate Bond USD Hedged ETF) are both High Yield Bonds funds - BHYB tracks the ICE BofA BB-B Non-FNCL Non-Distressed US HY Constrained Index - Benchmark TR Gross while HYXU tracks the BBG Pan-European High Yield (Euro) Total Return 100% USD Hedged Index. Both are passively managed. BHYB charges 0.20%/yr vs 0.35%/yr for HYXU.

Performance

BHYB vs. HYXU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers USD High Yield BB-B ex Financials ETF (BHYB) and iShares Euro High Yield Corporate Bond USD Hedged ETF (HYXU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BHYB

• 1D: 0.16%
• 1M: 0.50%
• YTD: 1.84%
• 6M: 2.25%
• 1Y: 7.27%
• 3Y*: —
• 5Y*: —
• 10Y*: —

HYXU

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

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

BHYB vs. HYXU - Yearly Performance Comparison

	2026 (YTD)
BHYB Xtrackers USD High Yield BB-B ex Financials ETF	0.16%
HYXU iShares Euro High Yield Corporate Bond USD Hedged ETF	0.00%

Return for Risk

BHYB vs. HYXU — Risk / Return Rank

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

BHYB

BHYB Risk / Return Rank: 72
BHYB Sharpe Ratio Rank: 66
BHYB Sortino Ratio Rank: 77
BHYB Omega Ratio Rank: 75
BHYB Calmar Ratio Rank: 66
BHYB Martin Ratio Rank: 77

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.

BHYB vs. HYXU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers USD High Yield BB-B ex Financials ETF (BHYB) and iShares Euro High Yield Corporate Bond USD Hedged ETF (HYXU). 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.

	BHYB	HYXU	Difference
Sharpe ratio: Return per unit of total volatility	2.15	—	—
Sortino ratio: Return per unit of downside risk	3.38	—	—
Omega ratio: Gain probability vs. loss probability	1.44	—	—
Calmar ratio: Return relative to maximum drawdown	3.21	—	—
Martin ratio: Return relative to average drawdown	14.74	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	BHYB	HYXU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.15	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.12	—	—

Drawdowns

BHYB vs. HYXU - Drawdown Comparison

The maximum BHYB drawdown since its inception was -4.23%, which is greater than HYXU's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for BHYB and HYXU.

Drawdown Indicators

	BHYB	HYXU	Difference
Max Drawdown Largest peak-to-trough decline	-4.23%	0.00%	-4.23%
Max Drawdown (1Y) Largest decline over 1 year	-2.27%	—	—
Current Drawdown Current decline from peak	-0.06%	0.00%	-0.06%
Average Drawdown Average peak-to-trough decline	-0.40%	0.00%	-0.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.49%	—	—

Volatility

Volatility by Period

	BHYB	HYXU	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.02%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.52%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.40%	0.00%	+3.40%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.70%	0.00%	+4.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.70%	0.00%	+4.70%

BHYB vs. HYXU - Expense Ratio Comparison

BHYB has a 0.20% expense ratio, which is lower than HYXU's 0.35% expense ratio.

Dividends

BHYB vs. HYXU - Dividend Comparison

BHYB's dividend yield for the trailing twelve months is around 6.32%, while HYXU has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
BHYB Xtrackers USD High Yield BB-B ex Financials ETF	6.32%	6.57%	7.04%	0.75%
HYXU iShares Euro High Yield Corporate Bond USD Hedged ETF	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, BHYB or HYXU?

On fees, BHYB 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, BHYB or HYXU?

BHYB is cheaper with a 0.20% expense ratio, compared with 0.35% for HYXU.

Which ETF pays a higher dividend yield, BHYB or HYXU?

BHYB has the higher dividend yield at 6.32%, compared with 0.00% for HYXU.

What is the main difference between BHYB and HYXU?

BHYB tracks ICE BofA BB-B Non-FNCL Non-Distressed US HY Constrained Index - Benchmark TR Gross, while HYXU tracks BBG Pan-European High Yield (Euro) Total Return 100% USD Hedged Index. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.20% for BHYB and 0.35% for HYXU.