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HDEF vs. BKHY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between HDEF and BKHY is 0.71, 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.


-0.50.00.51.0
Correlation: 0.7

Performance

HDEF vs. BKHY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers MSCI EAFE High Dividend Yield Equity ETF (HDEF) and BNY Mellon High Yield Beta ETF (BKHY). The values are adjusted to include any dividend payments, if applicable.

30.00%40.00%50.00%60.00%70.00%80.00%90.00%NovemberDecember2025FebruaryMarchApril
88.01%
33.21%
HDEF
BKHY

Key characteristics

Sharpe Ratio

HDEF:

1.30

BKHY:

1.55

Sortino Ratio

HDEF:

1.78

BKHY:

2.13

Omega Ratio

HDEF:

1.25

BKHY:

1.34

Calmar Ratio

HDEF:

1.76

BKHY:

1.83

Martin Ratio

HDEF:

4.17

BKHY:

9.58

Ulcer Index

HDEF:

4.72%

BKHY:

0.93%

Daily Std Dev

HDEF:

15.23%

BKHY:

5.78%

Max Drawdown

HDEF:

-36.43%

BKHY:

-17.36%

Current Drawdown

HDEF:

0.00%

BKHY:

-0.91%

Returns By Period

In the year-to-date period, HDEF achieves a 16.03% return, which is significantly higher than BKHY's 1.27% return.


HDEF

YTD

16.03%

1M

2.41%

6M

9.02%

1Y

18.71%

5Y*

12.35%

10Y*

N/A

BKHY

YTD

1.27%

1M

0.27%

6M

1.77%

1Y

8.88%

5Y*

5.78%

10Y*

N/A

*Annualized

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HDEF vs. BKHY - Expense Ratio Comparison

HDEF has a 0.20% expense ratio, which is lower than BKHY'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%.


Expense ratio chart for BKHY: current value is 0.22%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
BKHY: 0.22%
Expense ratio chart for HDEF: current value is 0.20%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
HDEF: 0.20%

Risk-Adjusted Performance

HDEF vs. BKHY — Risk-Adjusted Performance Rank

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

HDEF
The Risk-Adjusted Performance Rank of HDEF is 8686
Overall Rank
The Sharpe Ratio Rank of HDEF is 8787
Sharpe Ratio Rank
The Sortino Ratio Rank of HDEF is 8585
Sortino Ratio Rank
The Omega Ratio Rank of HDEF is 8686
Omega Ratio Rank
The Calmar Ratio Rank of HDEF is 9292
Calmar Ratio Rank
The Martin Ratio Rank of HDEF is 8181
Martin Ratio Rank

BKHY
The Risk-Adjusted Performance Rank of BKHY is 9191
Overall Rank
The Sharpe Ratio Rank of BKHY is 9090
Sharpe Ratio Rank
The Sortino Ratio Rank of BKHY is 9090
Sortino Ratio Rank
The Omega Ratio Rank of BKHY is 9292
Omega Ratio Rank
The Calmar Ratio Rank of BKHY is 9292
Calmar Ratio Rank
The Martin Ratio Rank of BKHY is 9393
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

HDEF vs. BKHY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI EAFE High Dividend Yield Equity ETF (HDEF) and BNY Mellon High Yield Beta ETF (BKHY). 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.


The chart of Sharpe ratio for HDEF, currently valued at 1.30, compared to the broader market-1.000.001.002.003.004.00
HDEF: 1.30
BKHY: 1.55
The chart of Sortino ratio for HDEF, currently valued at 1.78, compared to the broader market-2.000.002.004.006.008.00
HDEF: 1.78
BKHY: 2.13
The chart of Omega ratio for HDEF, currently valued at 1.25, compared to the broader market0.501.001.502.002.50
HDEF: 1.25
BKHY: 1.34
The chart of Calmar ratio for HDEF, currently valued at 1.76, compared to the broader market0.002.004.006.008.0010.0012.00
HDEF: 1.76
BKHY: 1.83
The chart of Martin ratio for HDEF, currently valued at 4.17, compared to the broader market0.0020.0040.0060.00
HDEF: 4.17
BKHY: 9.58

The current HDEF Sharpe Ratio is 1.30, which is comparable to the BKHY Sharpe Ratio of 1.55. The chart below compares the historical Sharpe Ratios of HDEF and BKHY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00NovemberDecember2025FebruaryMarchApril
1.30
1.55
HDEF
BKHY

Dividends

HDEF vs. BKHY - Dividend Comparison

HDEF's dividend yield for the trailing twelve months is around 3.86%, less than BKHY's 7.35% yield.


TTM2024202320222021202020192018201720162015
HDEF
Xtrackers MSCI EAFE High Dividend Yield Equity ETF
3.86%4.53%4.38%5.41%4.76%3.93%4.20%3.55%3.38%9.13%1.72%
BKHY
BNY Mellon High Yield Beta ETF
7.35%7.34%8.67%6.59%5.00%4.65%0.00%0.00%0.00%0.00%0.00%

Drawdowns

HDEF vs. BKHY - Drawdown Comparison

The maximum HDEF drawdown since its inception was -36.43%, which is greater than BKHY's maximum drawdown of -17.36%. Use the drawdown chart below to compare losses from any high point for HDEF and BKHY. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%NovemberDecember2025FebruaryMarchApril0
-0.91%
HDEF
BKHY

Volatility

HDEF vs. BKHY - Volatility Comparison

Xtrackers MSCI EAFE High Dividend Yield Equity ETF (HDEF) has a higher volatility of 10.04% compared to BNY Mellon High Yield Beta ETF (BKHY) at 4.46%. This indicates that HDEF's price experiences larger fluctuations and is considered to be riskier than BKHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%2.00%4.00%6.00%8.00%10.00%NovemberDecember2025FebruaryMarchApril
10.04%
4.46%
HDEF
BKHY