ESHY vs. VGHY

Last updated Apr 1, 2026

Compare and contrast key facts about Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF (ESHY) and Vanguard High-Yield Active ETF (VGHY).

ESHY and VGHY 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. VGHY is an actively managed fund by Vanguard. It was launched on Sep 16, 2025.

Performance

ESHY vs. VGHY - 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 Vanguard High-Yield Active ETF (VGHY). The values are adjusted to include any dividend payments, if applicable.

ESHY vs. VGHY - Yearly Performance Comparison

	2026 (YTD)
ESHY Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF	0.00%
VGHY Vanguard High-Yield Active ETF	-1.00%

Returns By Period

ESHY

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

VGHY

• 1D: 0.96%
• 1M: -1.10%
• YTD: -0.37%
• 6M: 1.28%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ESHY vs. VGHY - Expense Ratio Comparison

ESHY has a 0.20% expense ratio, which is lower than VGHY's 0.22% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

VGHY

Vanguard High-Yield Active ETF

ESHY

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

Return for Risk

ESHY vs. VGHY - 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 Vanguard High-Yield Active ETF (VGHY). 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	VGHY	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.61	—

Dividends

ESHY vs. VGHY - Dividend Comparison

ESHY has not paid dividends to shareholders, while VGHY's dividend yield for the trailing twelve months is around 2.44%.

	TTM	2025
ESHY Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF	0.00%	0.00%
VGHY Vanguard High-Yield Active ETF	2.44%	1.49%

Drawdowns

ESHY vs. VGHY - Drawdown Comparison

The maximum ESHY drawdown since its inception was 0.00%, smaller than the maximum VGHY drawdown of -2.66%. Use the drawdown chart below to compare losses from any high point for ESHY and VGHY.

Drawdown Indicators

	ESHY	VGHY	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-2.66%	+2.66%
Current Drawdown Current decline from peak	0.00%	-1.52%	+1.52%
Average Drawdown Average peak-to-trough decline	0.00%	-0.45%	+0.45%

Volatility

Volatility by Period

	ESHY	VGHY	Difference
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	4.46%	-4.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	4.46%	-4.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	4.46%	-4.46%