ESHY vs. HYDW

Last updated Apr 2, 2026

Compare and contrast key facts about Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF (ESHY) and Xtrackers Low Beta High Yield Bond ETF (HYDW).

ESHY and HYDW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ESHY is a passively managed fund by Deutsche Bank that tracks the performance of the JPMorgan ESG DM Corporate High Yield USD Index. It was launched on Mar 3, 2015. HYDW is a passively managed fund by Deutsche Bank that tracks the performance of the Solactive USD High Yield Corporates Total Market Low Beta Index. It was launched on Jan 11, 2018. Both ESHY and HYDW are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

ESHY vs. HYDW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF (ESHY) and Xtrackers Low Beta High Yield Bond ETF (HYDW). The values are adjusted to include any dividend payments, if applicable.

ESHY vs. HYDW - Yearly Performance Comparison

	2026 (YTD)
ESHY Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF	0.00%
HYDW Xtrackers Low Beta High Yield Bond ETF	-0.53%

Returns By Period

ESHY

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

HYDW

• 1D: 0.21%
• 1M: -0.68%
• YTD: -0.14%
• 6M: 1.39%
• 1Y: 6.16%
• 3Y*: 6.37%
• 5Y*: 3.49%
• 10Y*: —

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

ESHY vs. HYDW - Expense Ratio Comparison

Both ESHY and HYDW have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

ESHY

Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF

HYDW

Xtrackers Low Beta High Yield Bond ETF

Return for Risk

ESHY vs. HYDW — Risk / Return Rank

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

HYDW

HYDW Risk / Return Rank: 81
HYDW Sharpe Ratio Rank: 76
HYDW Sortino Ratio Rank: 80
HYDW Omega Ratio Rank: 82
HYDW Calmar Ratio Rank: 79
HYDW Martin Ratio Rank: 88

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.

ESHY vs. HYDW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF (ESHY) and Xtrackers Low Beta High Yield Bond ETF (HYDW). 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.

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

Sharpe Ratios by Period

	ESHY	HYDW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.44	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.55	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.57	—

Dividends

ESHY vs. HYDW - Dividend Comparison

ESHY has not paid dividends to shareholders, while HYDW's dividend yield for the trailing twelve months is around 5.63%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
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%	0.00%	0.00%
HYDW Xtrackers Low Beta High Yield Bond ETF	5.63%	5.75%	5.35%	5.69%	4.78%	3.30%	4.45%	4.56%	4.42%

Drawdowns

ESHY vs. HYDW - Drawdown Comparison

The maximum ESHY drawdown since its inception was 0.00%, smaller than the maximum HYDW drawdown of -17.75%. Use the drawdown chart below to compare losses from any high point for ESHY and HYDW.

Drawdown Indicators

	ESHY	HYDW	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-17.75%	+17.75%
Max Drawdown (1Y) Largest decline over 1 year	—	-2.72%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-12.68%	—
Current Drawdown Current decline from peak	0.00%	-0.91%	+0.91%
Average Drawdown Average peak-to-trough decline	0.00%	-1.92%	+1.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.56%	—

Volatility

Volatility by Period

	ESHY	HYDW	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.73%	—
Volatility (6M) Calculated over the trailing 6-month period	—	2.28%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	4.31%	-4.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	6.40%	-6.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	7.05%	-7.05%