BKHY vs. ESHY

Last updated Aug 5, 2026

BKHY (BNY Mellon High Yield Beta ETF) and ESHY (Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF) are both High Yield Bonds funds - BKHY tracks the Bloomberg US Corporate High Yield Index while ESHY tracks the JPMorgan ESG DM Corporate High Yield USD Index. Both are passively managed. BKHY charges 0.22%/yr vs 0.20%/yr for ESHY.

Performance

BKHY vs. ESHY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BNY Mellon High Yield Beta ETF (BKHY) 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

BKHY

• 1D: 0.32%
• 1M: 0.19%
• 6M: 1.77%
• YTD: 2.54%
• 1Y: 5.76%
• 3Y*: 8.60%
• 5Y*: 4.07%
• 10Y*: —
• ALL TIME*: 6.55%

ESHY

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

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BKHY BNY Mellon High Yield Beta ETF	$1.29M	$953.81K	$870.21K
ESHY Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF	$0.00	$0.00	$0.00

BKHY vs. ESHY - Yearly Performance Comparison

	2026 (YTD)
BKHY BNY Mellon High Yield Beta ETF	2.03%
ESHY Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF	0.00%

Return for Risk

BKHY vs. ESHY — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BKHY

BKHY Risk / Return Rank: 62
BKHY Sharpe Ratio Rank: 57
BKHY Sortino Ratio Rank: 62
BKHY Omega Ratio Rank: 62
BKHY Calmar Ratio Rank: 57
BKHY Martin Ratio Rank: 73

ESHY

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

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BKHY vs. ESHY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNY Mellon High Yield Beta ETF (BKHY) 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.

	BKHY	ESHY	Difference
Sharpe ratio: Return per unit of total volatility	1.55	—	—
Sortino ratio: Return per unit of downside risk	2.35	—	—
Omega ratio: Gain probability vs. loss probability	1.30	—	—
Calmar ratio: Return relative to maximum drawdown	2.29	—	—
Martin ratio: Return relative to average drawdown	10.28	—	—

Drawdowns

BKHY vs. ESHY - Drawdown Comparison

The maximum BKHY drawdown since its inception was -15.89%, which is greater than ESHY's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for BKHY and ESHY.

Drawdown Indicators

	BKHY	ESHY	Difference
Max Drawdown Largest peak-to-trough decline	-15.89%	0.00%	-15.89%
Max Drawdown (1Y) Largest decline over 1 year	-2.53%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-4.87%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-15.89%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-2.90%	0.00%	-2.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.56%	—	—

Volatility

Volatility by Period

	BKHY	ESHY	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.89%	—	—
Volatility (6M) Calculated over the trailing 6-month period	3.11%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.72%	0.00%	+3.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.59%	0.00%	+7.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.28%	0.00%	+7.28%

BKHY vs. ESHY - Expense Ratio Comparison

BKHY has a 0.22% expense ratio, which is higher than ESHY's 0.20% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

BKHY vs. ESHY - Dividend Comparison

BKHY's dividend yield for the trailing twelve months is around 7.41%, while ESHY has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020
BKHY BNY Mellon High Yield Beta ETF	7.41%	7.33%	7.34%	8.67%	6.59%	6.78%	4.65%
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%

Frequently Asked Questions

Which ETF is better, BKHY 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, BKHY or ESHY?

ESHY is cheaper with a 0.20% expense ratio, compared with 0.22% for BKHY.

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

BKHY has the higher dividend yield at 7.41%, compared with 0.00% for ESHY.

What is the main difference between BKHY and ESHY?

BKHY tracks Bloomberg US Corporate High Yield Index, while ESHY tracks JPMorgan ESG DM Corporate High Yield USD Index. They also come from different issuers: BNY Mellon and Deutsche Bank. Their fees differ too: 0.22% for BKHY and 0.20% for ESHY.