DHYA.L vs. XUHY.L
DHYA.L (iShares USD High Yield Corporate Bond ESG UCITS ETF USD (Acc)) and XUHY.L (Xtrackers USD High Yield Corporate Bond UCITS ETF 1D) are both High Yield Bonds funds tracking the Bloomberg US Corporate High Yield TR USD, from iShares and Xtrackers respectively. Both are passively managed. Over the past 5 years, DHYA.L returned 3.78%/yr vs 3.95%/yr for XUHY.L. A 0.69 correlation means they provide meaningful diversification when combined. DHYA.L charges 0.25%/yr vs 0.20%/yr for XUHY.L.
Performance
DHYA.L vs. XUHY.L - Performance Comparison
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Returns By Period
In the year-to-date period, DHYA.L achieves a 1.20% return, which is significantly lower than XUHY.L's 1.63% 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*
- —
XUHY.L
- 1D
- 0.08%
- 1M
- 0.27%
- YTD
- 1.63%
- 6M
- 2.44%
- 1Y
- 7.24%
- 3Y*
- 8.86%
- 5Y*
- 3.95%
- 10Y*
- —
DHYA.L vs. XUHY.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% |
XUHY.L Xtrackers USD High Yield Corporate Bond UCITS ETF 1D | 1.63% | 9.20% | 7.08% | 13.52% | -11.96% | 3.50% | 5.99% | 2.31% |
Correlation
The correlation between DHYA.L and XUHY.L is 0.63, 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 | 0.63 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.70 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.77 |
Correlation (All Time) Calculated using the full available price history since Nov 18, 2019 | 0.69 |
The correlation between DHYA.L and XUHY.L shifts across timeframes, from 0.63 (1 year) to 0.77 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
DHYA.L vs. XUHY.L — Risk / Return Rank
DHYA.L
XUHY.L
DHYA.L vs. XUHY.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 Xtrackers USD High Yield Corporate Bond UCITS ETF 1D (XUHY.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 | XUHY.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.01 | ||
| Sortino ratioReturn per unit of downside risk | +0.09 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.30 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.59 | 2.80 | -0.22 |
| Martin ratioReturn relative to average drawdown | 11.33 | 12.55 | -1.22 |
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
| DHYA.L | XUHY.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.66 | 1.66 | +0.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.52 | 0.52 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.59 | -0.13 |
Drawdowns
DHYA.L vs. XUHY.L - Drawdown Comparison
The maximum DHYA.L drawdown since its inception was -16.70%, smaller than the maximum XUHY.L drawdown of -22.78%. Use the drawdown chart below to compare losses from any high point for DHYA.L and XUHY.L.
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Drawdown Indicators
| DHYA.L | XUHY.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.70% | -22.78% | +6.08% |
Max Drawdown (1Y)Largest decline over 1 year | -2.56% | -2.57% | +0.01% |
Max Drawdown (3Y)Largest decline over 3 years | -5.13% | -4.78% | -0.35% |
Max Drawdown (5Y)Largest decline over 5 years | -16.29% | -16.60% | +0.31% |
Current DrawdownCurrent decline from peak | -0.29% | -0.14% | -0.15% |
Average DrawdownAverage peak-to-trough decline | -3.69% | -2.93% | -0.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.59% | 0.58% | +0.01% |
Volatility
DHYA.L vs. XUHY.L - Volatility Comparison
iShares USD High Yield Corporate Bond ESG UCITS ETF USD (Acc) (DHYA.L) has a higher volatility of 1.53% compared to Xtrackers USD High Yield Corporate Bond UCITS ETF 1D (XUHY.L) at 1.45%. This indicates that DHYA.L's price experiences larger fluctuations and is considered to be riskier than XUHY.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DHYA.L | XUHY.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.53% | 1.45% | +0.08% |
Volatility (6M)Calculated over the trailing 6-month period | 3.29% | 3.45% | -0.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.98% | 4.38% | -0.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.27% | 7.57% | -0.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.19% | 8.62% | +1.57% |
DHYA.L vs. XUHY.L - Expense Ratio Comparison
DHYA.L has a 0.25% expense ratio, which is higher than XUHY.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. XUHY.L - Dividend Comparison
DHYA.L has not paid dividends to shareholders, while XUHY.L's dividend yield for the trailing twelve months is around 6.64%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
DHYA.L iShares USD High Yield Corporate Bond ESG UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
XUHY.L Xtrackers USD High Yield Corporate Bond UCITS ETF 1D | 6.64% | 6.29% | 7.64% | 5.89% | 6.12% | 9.57% | 5.49% | 4.83% |
Frequently Asked Questions
DHYA.L and XUHY.L have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XUHY.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XUHY.L is cheaper with a 0.20% expense ratio, compared with 0.25% for DHYA.L.
Both ETFs track Bloomberg US Corporate High Yield TR USD. They also come from different issuers: iShares and Xtrackers. Their fees differ too: 0.25% for DHYA.L and 0.20% for XUHY.L.
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