ESHY vs. ZTOP

Last updated Jun 4, 2026

ESHY (Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF) and ZTOP (F/m High Yield 100 ETF) are both High Yield Bonds funds - ESHY tracks the JPMorgan ESG DM Corporate High Yield USD Index while ZTOP tracks the Bloomberg U.S. High Yield Top 100 Quality Select Equal Weighted Index. Both are passively managed. ESHY charges 0.20%/yr vs 0.39%/yr for ZTOP.

Performance

ESHY vs. ZTOP - 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 F/m High Yield 100 ETF (ZTOP). 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*: —

ZTOP

• 1D: -0.22%
• 1M: 0.35%
• YTD: 1.53%
• 6M: 2.09%
• 1Y: 6.55%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ESHY vs. ZTOP - Yearly Performance Comparison

	2026 (YTD)
ESHY Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF	0.00%
ZTOP F/m High Yield 100 ETF	0.68%

Return for Risk

ESHY vs. ZTOP — Risk / Return Rank

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

ZTOP

ZTOP Risk / Return Rank: 63
ZTOP Sharpe Ratio Rank: 60
ZTOP Sortino Ratio Rank: 66
ZTOP Omega Ratio Rank: 68
ZTOP Calmar Ratio Rank: 53
ZTOP 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. ZTOP - 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 F/m High Yield 100 ETF (ZTOP). 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	ZTOP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.00	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	2.48	—

Drawdowns

ESHY vs. ZTOP - Drawdown Comparison

The maximum ESHY drawdown since its inception was 0.00%, smaller than the maximum ZTOP drawdown of -2.52%. Use the drawdown chart below to compare losses from any high point for ESHY and ZTOP.

Drawdown Indicators

	ESHY	ZTOP	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-2.52%	+2.52%
Max Drawdown (1Y) Largest decline over 1 year	—	-2.52%	—
Current Drawdown Current decline from peak	0.00%	-0.27%	+0.27%
Average Drawdown Average peak-to-trough decline	0.00%	-0.29%	+0.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.55%	—

Volatility

Volatility by Period

	ESHY	ZTOP	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.04%	—
Volatility (6M) Calculated over the trailing 6-month period	—	2.59%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	3.29%	-3.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	3.49%	-3.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	3.49%	-3.49%

ESHY vs. ZTOP - Expense Ratio Comparison

ESHY has a 0.20% expense ratio, which is lower than ZTOP's 0.39% expense ratio.

Dividends

ESHY vs. ZTOP - Dividend Comparison

ESHY has not paid dividends to shareholders, while ZTOP's dividend yield for the trailing twelve months is around 6.24%.

Position	TTM	2025
ESHY Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF	0.00%	0.00%
ZTOP F/m High Yield 100 ETF	6.24%	4.39%

Frequently Asked Questions

Which ETF is better, ESHY or ZTOP?

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 ZTOP?

ESHY is cheaper with a 0.20% expense ratio, compared with 0.39% for ZTOP.

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

ZTOP has the higher dividend yield at 6.24%, compared with 0.00% for ESHY.

What is the main difference between ESHY and ZTOP?

ESHY tracks JPMorgan ESG DM Corporate High Yield USD Index, while ZTOP tracks Bloomberg U.S. High Yield Top 100 Quality Select Equal Weighted Index. They also come from different issuers: Deutsche Bank and F/m Investments. Their fees differ too: 0.20% for ESHY and 0.39% for ZTOP.