ESHY vs. VGHY

Last updated Jun 5, 2026

ESHY (Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF) and VGHY (Vanguard High-Yield Active ETF) are both High Yield Bonds funds. ESHY is passively managed, while VGHY is actively managed. ESHY charges 0.20%/yr vs 0.22%/yr for VGHY.

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.

Returns By Period

ESHY

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

VGHY

• 1D: 0.06%
• 1M: 0.32%
• YTD: 1.44%
• 6M: 2.05%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

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	0.80%

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	—	1.08	—

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%	-0.24%	+0.24%
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%	4.28%	-4.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	4.28%	-4.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	4.28%	-4.28%

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%.

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 3.98%.

Position	TTM	2025
ESHY Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF	0.00%	0.00%
VGHY Vanguard High-Yield Active ETF	3.98%	1.49%

Frequently Asked Questions

Which ETF is better, ESHY or VGHY?

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 VGHY?

ESHY is cheaper with a 0.20% expense ratio, compared with 0.22% for VGHY.

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

VGHY has the higher dividend yield at 3.98%, compared with 0.00% for ESHY.

What is the main difference between ESHY and VGHY?

They also come from different issuers: Deutsche Bank and Vanguard. Their fees differ too: 0.20% for ESHY and 0.22% for VGHY.