HYDW vs. BSJQ
Compare and contrast key facts about Xtrackers Low Beta High Yield Bond ETF (HYDW) and Invesco BulletShares 2026 High Yield Corp Bond ETF (BSJQ).
HYDW and BSJQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HYDW is a passively managed fund by Deutsche Bank that tracks the performance of the Solactive USD High Yield Corporates Total Market Low Beta Index. It was launched on Jan 11, 2018. BSJQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ BulletShares USD High Yield Corporate Bond 2026 TR Index. It was launched on Aug 9, 2018. Both HYDW and BSJQ 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
HYDW vs. BSJQ - Performance Comparison
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HYDW vs. BSJQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
HYDW Xtrackers Low Beta High Yield Bond ETF | -0.14% | 8.47% | 5.42% | 9.84% | -7.86% | 2.77% | 5.51% | 11.44% | -1.29% |
BSJQ Invesco BulletShares 2026 High Yield Corp Bond ETF | 0.66% | 6.59% | 7.49% | 9.83% | -7.35% | 4.53% | 2.80% | 16.74% | -4.08% |
Returns By Period
In the year-to-date period, HYDW achieves a -0.14% return, which is significantly lower than BSJQ's 0.66% return.
HYDW
- 1D
- 0.21%
- 1M
- -0.68%
- YTD
- -0.14%
- 6M
- 1.39%
- 1Y
- 6.16%
- 3Y*
- 6.37%
- 5Y*
- 3.49%
- 10Y*
- —
BSJQ
- 1D
- 0.00%
- 1M
- 0.16%
- YTD
- 0.66%
- 6M
- 1.78%
- 1Y
- 5.91%
- 3Y*
- 7.08%
- 5Y*
- 3.93%
- 10Y*
- —
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HYDW vs. BSJQ - Expense Ratio Comparison
HYDW has a 0.20% expense ratio, which is lower than BSJQ's 0.42% expense ratio.
Return for Risk
HYDW vs. BSJQ — Risk / Return Rank
HYDW
BSJQ
HYDW vs. BSJQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers Low Beta High Yield Bond ETF (HYDW) and Invesco BulletShares 2026 High Yield Corp Bond ETF (BSJQ). 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.
| HYDW | BSJQ | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.44 | 1.85 | -0.42 |
Sortino ratioReturn per unit of downside risk | 2.17 | 2.63 | -0.46 |
Omega ratioGain probability vs. loss probability | 1.33 | 1.59 | -0.26 |
Calmar ratioReturn relative to maximum drawdown | 2.36 | 2.39 | -0.04 |
Martin ratioReturn relative to average drawdown | 11.48 | 17.12 | -5.64 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| HYDW | BSJQ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.44 | 1.85 | -0.42 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.55 | 0.69 | -0.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.57 | 0.54 | +0.03 |
Correlation
The correlation between HYDW and BSJQ is 0.86, 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
HYDW vs. BSJQ - Dividend Comparison
HYDW's dividend yield for the trailing twelve months is around 5.63%, less than BSJQ's 5.95% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
HYDW Xtrackers Low Beta High Yield Bond ETF | 5.63% | 5.75% | 5.35% | 5.69% | 4.78% | 3.30% | 4.45% | 4.56% | 4.42% |
BSJQ Invesco BulletShares 2026 High Yield Corp Bond ETF | 5.95% | 6.10% | 6.58% | 6.58% | 5.58% | 4.27% | 4.64% | 4.59% | 2.39% |
Drawdowns
HYDW vs. BSJQ - Drawdown Comparison
The maximum HYDW drawdown since its inception was -17.75%, smaller than the maximum BSJQ drawdown of -24.13%. Use the drawdown chart below to compare losses from any high point for HYDW and BSJQ.
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Drawdown Indicators
| HYDW | BSJQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.75% | -24.13% | +6.38% |
Max Drawdown (1Y)Largest decline over 1 year | -2.72% | -2.52% | -0.20% |
Max Drawdown (5Y)Largest decline over 5 years | -12.68% | -11.95% | -0.73% |
Current DrawdownCurrent decline from peak | -0.91% | 0.00% | -0.91% |
Average DrawdownAverage peak-to-trough decline | -1.92% | -2.22% | +0.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.56% | 0.35% | +0.21% |
Volatility
HYDW vs. BSJQ - Volatility Comparison
Xtrackers Low Beta High Yield Bond ETF (HYDW) has a higher volatility of 1.73% compared to Invesco BulletShares 2026 High Yield Corp Bond ETF (BSJQ) at 0.59%. This indicates that HYDW's price experiences larger fluctuations and is considered to be riskier than BSJQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HYDW | BSJQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.73% | 0.59% | +1.14% |
Volatility (6M)Calculated over the trailing 6-month period | 2.28% | 0.94% | +1.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.31% | 3.21% | +1.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.40% | 5.74% | +0.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.05% | 8.54% | -1.49% |