EH1Y.DE vs. AHYE.DE
EH1Y.DE (iShares Broad EUR High Yield Corporate Bond UCITS ETF EUR Dist) and AHYE.DE (Amundi Euro High Yield Bond ESG UCITS ETF EUR) are both European High Yield Bonds funds - EH1Y.DE tracks the ICE BofAML Euro High Yield Constrained while AHYE.DE tracks the iBoxx MSCI ESG EUR High Yield Corporates. Both are passively managed. Over the past 3 years, EH1Y.DE returned 7.57%/yr vs 6.16%/yr for AHYE.DE. A 0.80 correlation means they provide meaningful diversification when combined. EH1Y.DE charges 0.20%/yr vs 0.40%/yr for AHYE.DE.
Performance
EH1Y.DE vs. AHYE.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EH1Y.DE achieves a 1.34% return, which is significantly higher than AHYE.DE's 0.37% return.
EH1Y.DE
- 1D
- 0.08%
- 1M
- 0.67%
- YTD
- 1.34%
- 6M
- 1.60%
- 1Y
- 4.08%
- 3Y*
- 7.57%
- 5Y*
- —
- 10Y*
- —
AHYE.DE
- 1D
- -0.11%
- 1M
- 0.43%
- YTD
- 0.37%
- 6M
- 0.67%
- 1Y
- 3.35%
- 3Y*
- 6.16%
- 5Y*
- 1.77%
- 10Y*
- 2.89%
EH1Y.DE vs. AHYE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
EH1Y.DE iShares Broad EUR High Yield Corporate Bond UCITS ETF EUR Dist | 1.34% | 5.28% | 7.65% | 12.37% | -5.31% |
AHYE.DE Amundi Euro High Yield Bond ESG UCITS ETF EUR | 0.37% | 5.51% | 5.40% | 10.19% | -5.62% |
Correlation
The correlation between EH1Y.DE and AHYE.DE is 0.75, 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 | 0.75 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.79 |
Correlation (All Time) Calculated using the full available price history since Apr 8, 2022 | 0.80 |
The correlation between EH1Y.DE and AHYE.DE has been stable across timeframes, ranging from 0.75 to 0.80 - 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
EH1Y.DE vs. AHYE.DE — Risk / Return Rank
EH1Y.DE
AHYE.DE
EH1Y.DE vs. AHYE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Broad EUR High Yield Corporate Bond UCITS ETF EUR Dist (EH1Y.DE) and Amundi Euro High Yield Bond ESG UCITS ETF EUR (AHYE.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.
| EH1Y.DE | AHYE.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.08 | ||
| Sortino ratioReturn per unit of downside risk | +0.08 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.20 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.17 | 1.01 | +0.16 |
| Martin ratioReturn relative to average drawdown | 4.93 | 4.06 | +0.86 |
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
| EH1Y.DE | AHYE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.08 | 1.01 | +0.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.31 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.43 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.92 | 0.39 | +0.52 |
Drawdowns
EH1Y.DE vs. AHYE.DE - Drawdown Comparison
The maximum EH1Y.DE drawdown since its inception was -10.62%, smaller than the maximum AHYE.DE drawdown of -23.41%. Use the drawdown chart below to compare losses from any high point for EH1Y.DE and AHYE.DE.
Loading charts...
Drawdown Indicators
| EH1Y.DE | AHYE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.62% | -23.41% | +12.79% |
Max Drawdown (1Y)Largest decline over 1 year | -3.31% | -3.22% | -0.09% |
Max Drawdown (3Y)Largest decline over 3 years | -3.71% | -3.22% | -0.49% |
Max Drawdown (5Y)Largest decline over 5 years | — | -16.89% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -23.41% | — |
Current DrawdownCurrent decline from peak | -0.32% | -0.32% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -1.71% | -2.86% | +1.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.79% | 0.80% | -0.01% |
Volatility
EH1Y.DE vs. AHYE.DE - Volatility Comparison
iShares Broad EUR High Yield Corporate Bond UCITS ETF EUR Dist (EH1Y.DE) has a higher volatility of 1.09% compared to Amundi Euro High Yield Bond ESG UCITS ETF EUR (AHYE.DE) at 0.81%. This indicates that EH1Y.DE's price experiences larger fluctuations and is considered to be riskier than AHYE.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EH1Y.DE | AHYE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.09% | 0.81% | +0.28% |
Volatility (6M)Calculated over the trailing 6-month period | 3.13% | 2.76% | +0.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.56% | 3.22% | +0.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.34% | 5.57% | -0.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.34% | 6.73% | -1.39% |
EH1Y.DE vs. AHYE.DE - Expense Ratio Comparison
EH1Y.DE has a 0.20% expense ratio, which is lower than AHYE.DE's 0.40% expense ratio.
Dividends
EH1Y.DE vs. AHYE.DE - Dividend Comparison
EH1Y.DE's dividend yield for the trailing twelve months is around 6.78%, while AHYE.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
AHYE.DE Amundi Euro High Yield Bond ESG UCITS ETF EUR | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EH1Y.DE iShares Broad EUR High Yield Corporate Bond UCITS ETF EUR Dist | 6.78% | 5.47% | 5.71% | 5.03% | 1.04% |
Frequently Asked Questions
EH1Y.DE and AHYE.DE have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, EH1Y.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
EH1Y.DE is cheaper with a 0.20% expense ratio, compared with 0.40% for AHYE.DE.
EH1Y.DE tracks ICE BofAML Euro High Yield Constrained, while AHYE.DE tracks iBoxx MSCI ESG EUR High Yield Corporates. They also come from different issuers: iShares and Amundi. Their fees differ too: 0.20% for EH1Y.DE and 0.40% for AHYE.DE.
Find the right allocation for EH1Y.DE and AHYE.DE
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