ESHY vs. HYG

Last updated Jun 4, 2026

ESHY (Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF) and HYG (iShares iBoxx $ High Yield Corporate Bond ETF) are both High Yield Bonds funds - ESHY tracks the JPMorgan ESG DM Corporate High Yield USD Index while HYG tracks the iBoxx $ Liquid High Yield Index. Both are passively managed. ESHY charges 0.20%/yr vs 0.49%/yr for HYG.

Performance

ESHY vs. HYG - 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 iShares iBoxx $ High Yield Corporate Bond ETF (HYG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ESHY

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

HYG

• 1D: -0.28%
• 1M: 0.36%
• YTD: 1.32%
• 6M: 1.73%
• 1Y: 6.51%
• 3Y*: 8.48%
• 5Y*: 3.77%
• 10Y*: 4.94%

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

ESHY vs. HYG - Yearly Performance Comparison

	2026 (YTD)
ESHY Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF	0.00%
HYG iShares iBoxx $ High Yield Corporate Bond ETF	0.60%

ESHY vs. HYG - Sectors Allocation Comparison

Sectors	ESHY	HYG
Energy	100.0%	-
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	0.4%
Technology	-	-
Utilities	-	99.6%

Return for Risk

ESHY vs. HYG — Risk / Return Rank

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

HYG

HYG Risk / Return Rank: 55
HYG Sharpe Ratio Rank: 49
HYG Sortino Ratio Rank: 52
HYG Omega Ratio Rank: 52
HYG Calmar Ratio Rank: 55
HYG Martin Ratio Rank: 66

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. HYG - 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 iShares iBoxx $ High Yield Corporate Bond ETF (HYG). 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	HYG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.72	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.50	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.60	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.46	—

Drawdowns

ESHY vs. HYG - Drawdown Comparison

The maximum ESHY drawdown since its inception was 0.00%, smaller than the maximum HYG drawdown of -34.25%. Use the drawdown chart below to compare losses from any high point for ESHY and HYG.

Drawdown Indicators

	ESHY	HYG	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-34.25%	+34.25%
Max Drawdown (1Y) Largest decline over 1 year	—	-2.34%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-4.56%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-15.79%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-22.03%	—
Current Drawdown Current decline from peak	0.00%	-0.28%	+0.28%
Average Drawdown Average peak-to-trough decline	0.00%	-3.24%	+3.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.53%	—

Volatility

Volatility by Period

	ESHY	HYG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.21%	—
Volatility (6M) Calculated over the trailing 6-month period	—	3.01%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	3.81%	-3.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	7.53%	-7.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	8.29%	-8.29%

ESHY vs. HYG - Expense Ratio Comparison

ESHY has a 0.20% expense ratio, which is lower than HYG's 0.49% expense ratio.

Dividends

ESHY vs. HYG - Dividend Comparison

ESHY has not paid dividends to shareholders, while HYG's dividend yield for the trailing twelve months is around 5.92%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%	0.00%	0.00%	0.00%
HYG iShares iBoxx $ High Yield Corporate Bond ETF	5.92%	5.71%	6.01%	5.74%	5.30%	4.02%	4.88%	4.99%	5.54%	5.12%	5.27%	5.90%

Frequently Asked Questions

Which ETF is better, ESHY or HYG?

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, ESHY or HYG?

ESHY is cheaper with a 0.20% expense ratio, compared with 0.49% for HYG.

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

HYG has the higher dividend yield at 5.92%, compared with 0.00% for ESHY.

What is the main difference between ESHY and HYG?

ESHY tracks JPMorgan ESG DM Corporate High Yield USD Index, while HYG tracks iBoxx $ Liquid High Yield Index. They also come from different issuers: Deutsche Bank and iShares. Their fees differ too: 0.20% for ESHY and 0.49% for HYG.