DHYA.L vs. ISAC.L
DHYA.L (iShares USD High Yield Corporate Bond ESG UCITS ETF USD (Acc)) and ISAC.L (iShares MSCI ACWI UCITS ETF USD (Acc)) are both exchange-traded funds - DHYA.L is a High Yield Bonds fund tracking the Bloomberg US Corporate High Yield TR USD, while ISAC.L is a Global Equities fund tracking the MSCI ACWI Index. Both are passively managed. Over the past 5 years, DHYA.L returned 3.78%/yr vs 11.38%/yr for ISAC.L. A 0.58 correlation means they provide meaningful diversification when combined. DHYA.L charges 0.25%/yr vs 0.20%/yr for ISAC.L.
Performance
DHYA.L vs. ISAC.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DHYA.L achieves a 1.20% return, which is significantly lower than ISAC.L's 11.54% return.
DHYA.L
- 1D
- -0.09%
- 1M
- 0.09%
- YTD
- 1.20%
- 6M
- 1.69%
- 1Y
- 6.66%
- 3Y*
- 8.68%
- 5Y*
- 3.78%
- 10Y*
- —
ISAC.L
- 1D
- -0.10%
- 1M
- 4.26%
- YTD
- 11.54%
- 6M
- 13.01%
- 1Y
- 28.81%
- 3Y*
- 21.19%
- 5Y*
- 11.38%
- 10Y*
- 12.63%
DHYA.L vs. ISAC.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
DHYA.L iShares USD High Yield Corporate Bond ESG UCITS ETF USD (Acc) | 1.20% | 8.50% | 8.26% | 12.25% | -12.01% | 3.82% | 7.49% | 0.45% |
ISAC.L iShares MSCI ACWI UCITS ETF USD (Acc) | 11.54% | 22.36% | 17.81% | 22.57% | -18.16% | 18.85% | 15.66% | 3.72% |
Correlation
The correlation between DHYA.L and ISAC.L is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.61 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.59 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.64 |
Correlation (All Time) Calculated using the full available price history since Nov 18, 2019 | 0.58 |
The correlation between DHYA.L and ISAC.L has been stable across timeframes, ranging from 0.58 to 0.64 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
DHYA.L vs. ISAC.L — Risk / Return Rank
DHYA.L
ISAC.L
DHYA.L vs. ISAC.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares USD High Yield Corporate Bond ESG UCITS ETF USD (Acc) (DHYA.L) and iShares MSCI ACWI UCITS ETF USD (Acc) (ISAC.L). 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.
| DHYA.L | ISAC.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.65 | ||
| Sortino ratioReturn per unit of downside risk | -0.90 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.43 | -0.11 |
| Calmar ratioReturn relative to maximum drawdown | 2.59 | 3.27 | -0.69 |
| Martin ratioReturn relative to average drawdown | 11.33 | 13.72 | -2.38 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| DHYA.L | ISAC.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.66 | 2.31 | -0.65 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.52 | 0.73 | -0.21 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.79 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.75 | -0.30 |
Drawdowns
DHYA.L vs. ISAC.L - Drawdown Comparison
The maximum DHYA.L drawdown since its inception was -16.70%, smaller than the maximum ISAC.L drawdown of -33.82%. Use the drawdown chart below to compare losses from any high point for DHYA.L and ISAC.L.
Loading charts...
Drawdown Indicators
| DHYA.L | ISAC.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.70% | -33.82% | +17.12% |
Max Drawdown (1Y)Largest decline over 1 year | -2.56% | -8.77% | +6.21% |
Max Drawdown (3Y)Largest decline over 3 years | -5.13% | -16.56% | +11.43% |
Max Drawdown (5Y)Largest decline over 5 years | -16.29% | -26.07% | +9.78% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.82% | — |
Current DrawdownCurrent decline from peak | -0.29% | -0.72% | +0.43% |
Average DrawdownAverage peak-to-trough decline | -3.69% | -4.69% | +1.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.59% | 2.10% | -1.51% |
Volatility
DHYA.L vs. ISAC.L - Volatility Comparison
The current volatility for iShares USD High Yield Corporate Bond ESG UCITS ETF USD (Acc) (DHYA.L) is 1.53%, while iShares MSCI ACWI UCITS ETF USD (Acc) (ISAC.L) has a volatility of 3.84%. This indicates that DHYA.L experiences smaller price fluctuations and is considered to be less risky than ISAC.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| DHYA.L | ISAC.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.53% | 3.84% | -2.31% |
Volatility (6M)Calculated over the trailing 6-month period | 3.29% | 9.77% | -6.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.98% | 12.40% | -8.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.27% | 15.57% | -8.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.19% | 15.95% | -5.76% |
DHYA.L vs. ISAC.L - Expense Ratio Comparison
DHYA.L has a 0.25% expense ratio, which is higher than ISAC.L'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
DHYA.L vs. ISAC.L - Dividend Comparison
Neither DHYA.L nor ISAC.L has paid dividends to shareholders.
Frequently Asked Questions
DHYA.L and ISAC.L have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ISAC.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ISAC.L is cheaper with a 0.20% expense ratio, compared with 0.25% for DHYA.L.
DHYA.L is categorized as High Yield Bonds, while ISAC.L is Global Equities. DHYA.L tracks Bloomberg US Corporate High Yield TR USD, while ISAC.L tracks MSCI ACWI Index. Their fees differ too: 0.25% for DHYA.L and 0.20% for ISAC.L.
Find the right allocation for DHYA.L and ISAC.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer