GB1E.DE vs. HYLE.DE
Compare and contrast key facts about Invesco Global High Yield Corporate Bond ESG Climate Transition UCITS ETF EUR PfHdg Acc (GB1E.DE) and iShares Global High Yield Corporate Bond UCITS ETF (EUR Hedged) Dist (HYLE.DE).
GB1E.DE and HYLE.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GB1E.DE is a passively managed fund by Invesco that tracks the performance of the Bloomberg MSCI Global High Yield Liquid Corporate Climate Transition ESG Bond Index. It was launched on Apr 12, 2023. HYLE.DE is a passively managed fund by iShares that tracks the performance of the iBoxx® Global Developed Markets Liquid High Yield Capped (EUR Hedged). It was launched on Apr 26, 2019. Both GB1E.DE and HYLE.DE 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
GB1E.DE vs. HYLE.DE - Performance Comparison
Loading graphics...
GB1E.DE vs. HYLE.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
GB1E.DE Invesco Global High Yield Corporate Bond ESG Climate Transition UCITS ETF EUR PfHdg Acc | -0.84% | 5.84% | 5.89% | 6.21% |
HYLE.DE iShares Global High Yield Corporate Bond UCITS ETF (EUR Hedged) Dist | -0.87% | 5.98% | 5.45% | 7.30% |
Returns By Period
The year-to-date returns for both stocks are quite close, with GB1E.DE having a -0.84% return and HYLE.DE slightly lower at -0.87%.
GB1E.DE
- 1D
- 0.49%
- 1M
- -0.79%
- YTD
- -0.84%
- 6M
- -0.21%
- 1Y
- 3.81%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HYLE.DE
- 1D
- -0.01%
- 1M
- -0.84%
- YTD
- -0.87%
- 6M
- 0.13%
- 1Y
- 4.15%
- 3Y*
- 5.84%
- 5Y*
- 2.05%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
GB1E.DE vs. HYLE.DE - Expense Ratio Comparison
GB1E.DE has a 0.30% expense ratio, which is lower than HYLE.DE's 0.55% expense ratio.
Return for Risk
GB1E.DE vs. HYLE.DE — Risk / Return Rank
GB1E.DE
HYLE.DE
GB1E.DE vs. HYLE.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Global High Yield Corporate Bond ESG Climate Transition UCITS ETF EUR PfHdg Acc (GB1E.DE) and iShares Global High Yield Corporate Bond UCITS ETF (EUR Hedged) Dist (HYLE.DE). 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.
| GB1E.DE | HYLE.DE | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.86 | 1.05 | -0.19 |
Sortino ratioReturn per unit of downside risk | 1.20 | 1.54 | -0.34 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.22 | -0.04 |
Calmar ratioReturn relative to maximum drawdown | 1.57 | 1.75 | -0.18 |
Martin ratioReturn relative to average drawdown | 6.98 | 8.32 | -1.34 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| GB1E.DE | HYLE.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.86 | 1.05 | -0.19 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.35 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.37 | 0.29 | +1.07 |
Correlation
The correlation between GB1E.DE and HYLE.DE is 0.79, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
GB1E.DE vs. HYLE.DE - Dividend Comparison
GB1E.DE has not paid dividends to shareholders, while HYLE.DE's dividend yield for the trailing twelve months is around 5.44%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
GB1E.DE Invesco Global High Yield Corporate Bond ESG Climate Transition UCITS ETF EUR PfHdg Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HYLE.DE iShares Global High Yield Corporate Bond UCITS ETF (EUR Hedged) Dist | 5.44% | 5.34% | 5.38% | 4.76% | 4.17% | 3.83% | 4.50% | 1.75% |
Drawdowns
GB1E.DE vs. HYLE.DE - Drawdown Comparison
The maximum GB1E.DE drawdown since its inception was -4.31%, smaller than the maximum HYLE.DE drawdown of -22.59%. Use the drawdown chart below to compare losses from any high point for GB1E.DE and HYLE.DE.
Loading graphics...
Drawdown Indicators
| GB1E.DE | HYLE.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.31% | -22.59% | +18.28% |
Max Drawdown (1Y)Largest decline over 1 year | -3.10% | -2.83% | -0.27% |
Max Drawdown (5Y)Largest decline over 5 years | — | -15.38% | — |
Current DrawdownCurrent decline from peak | -1.76% | -1.51% | -0.25% |
Average DrawdownAverage peak-to-trough decline | -0.56% | -3.54% | +2.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.70% | 0.60% | +0.10% |
Volatility
GB1E.DE vs. HYLE.DE - Volatility Comparison
Invesco Global High Yield Corporate Bond ESG Climate Transition UCITS ETF EUR PfHdg Acc (GB1E.DE) and iShares Global High Yield Corporate Bond UCITS ETF (EUR Hedged) Dist (HYLE.DE) have volatilities of 1.94% and 1.93%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| GB1E.DE | HYLE.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.94% | 1.93% | +0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 2.75% | 2.63% | +0.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.42% | 3.94% | +0.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.18% | 5.82% | -1.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.18% | 8.46% | -4.28% |