HYBB vs. ESHY

Last updated Jun 26, 2026

HYBB (iShares BB Rated Corporate Bond ETF) and ESHY (Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF) are both High Yield Bonds funds - HYBB tracks the ICE BofA BB US High Yield Constrained Index (USD) while ESHY tracks the JPMorgan ESG DM Corporate High Yield USD Index. Both are passively managed. HYBB charges 0.25%/yr vs 0.20%/yr for ESHY.

Performance

HYBB vs. ESHY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares BB Rated Corporate Bond ETF (HYBB) and Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF (ESHY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

HYBB

• 1D: 0.35%
• 1M: 0.56%
• YTD: 1.87%
• 6M: 1.83%
• 1Y: 6.08%
• 3Y*: 8.23%
• 5Y*: 3.54%
• 10Y*: —

ESHY

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

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

HYBB vs. ESHY - Yearly Performance Comparison

	2026 (YTD)
HYBB iShares BB Rated Corporate Bond ETF	1.36%
ESHY Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF	0.00%

Return for Risk

HYBB vs. ESHY — Risk / Return Rank

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

HYBB

HYBB Risk / Return Rank: 66
HYBB Sharpe Ratio Rank: 64
HYBB Sortino Ratio Rank: 70
HYBB Omega Ratio Rank: 68
HYBB Calmar Ratio Rank: 57
HYBB Martin Ratio Rank: 69

ESHY

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

HYBB vs. ESHY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares BB Rated Corporate Bond ETF (HYBB) and Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF (ESHY). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	HYBB	ESHY	Difference
Sharpe ratio: Return per unit of total volatility	1.84	—	—
Sortino ratio: Return per unit of downside risk	2.76	—	—
Omega ratio: Gain probability vs. loss probability	1.35	—	—
Calmar ratio: Return relative to maximum drawdown	2.46	—	—
Martin ratio: Return relative to average drawdown	11.02	—	—

Drawdowns

HYBB vs. ESHY - Drawdown Comparison

The maximum HYBB drawdown since its inception was -15.28%, which is greater than ESHY's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for HYBB and ESHY.

Drawdown Indicators

	HYBB	ESHY	Difference
Max Drawdown Largest peak-to-trough decline	-15.28%	0.00%	-15.28%
Max Drawdown (1Y) Largest decline over 1 year	-2.48%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-4.01%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-15.28%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-3.20%	0.00%	-3.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.55%	—	—

Volatility

Volatility by Period

	HYBB	ESHY	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.91%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.65%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.32%	0.00%	+3.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.94%	0.00%	+6.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.65%	0.00%	+6.65%

HYBB vs. ESHY - Expense Ratio Comparison

HYBB has a 0.25% expense ratio, which is higher than ESHY's 0.20% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

HYBB vs. ESHY - Dividend Comparison

HYBB's dividend yield for the trailing twelve months is around 5.84%, while ESHY has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020
ESHY Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
HYBB iShares BB Rated Corporate Bond ETF	5.84%	6.08%	6.22%	6.28%	5.04%	3.86%	0.76%

Frequently Asked Questions

Which ETF is better, HYBB or ESHY?

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, HYBB or ESHY?

ESHY is cheaper with a 0.20% expense ratio, compared with 0.25% for HYBB.

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

HYBB has the higher dividend yield at 5.84%, compared with 0.00% for ESHY.

What is the main difference between HYBB and ESHY?

HYBB tracks ICE BofA BB US High Yield Constrained Index (USD), while ESHY tracks JPMorgan ESG DM Corporate High Yield USD Index. They also come from different issuers: iShares and Deutsche Bank. Their fees differ too: 0.25% for HYBB and 0.20% for ESHY.