HYFI vs. ESHY

Last updated Jun 5, 2026

HYFI (AB High Yield ETF) and ESHY (Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF) are both High Yield Bonds funds. HYFI is actively managed, while ESHY is passively managed. HYFI charges 0.40%/yr vs 0.20%/yr for ESHY.

Performance

HYFI vs. ESHY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AB High Yield ETF (HYFI) 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

HYFI

• 1D: 0.03%
• 1M: 0.44%
• YTD: 1.98%
• 6M: 2.35%
• 1Y: 7.65%
• 3Y*: 9.21%
• 5Y*: —
• 10Y*: —

ESHY

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

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

HYFI vs. ESHY - Yearly Performance Comparison

	2026 (YTD)
HYFI AB High Yield ETF	1.00%
ESHY Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF	0.00%

HYFI vs. ESHY - Sectors Allocation Comparison

Sectors	HYFI	ESHY
Communication Services	80.8%	-
Consumer Cyclical	19.0%	-
Energy	0.2%	100.0%
Basic Materials	-	-
Consumer Defensive	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	-
Utilities	-	-

Return for Risk

HYFI vs. ESHY — Risk / Return Rank

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

HYFI

HYFI Risk / Return Rank: 65
HYFI Sharpe Ratio Rank: 59
HYFI Sortino Ratio Rank: 66
HYFI Omega Ratio Rank: 62
HYFI Calmar Ratio Rank: 63
HYFI Martin Ratio Rank: 74

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.

HYFI vs. ESHY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AB High Yield ETF (HYFI) 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.

	HYFI	ESHY	Difference
Sharpe ratio: Return per unit of total volatility	1.95	—	—
Sortino ratio: Return per unit of downside risk	3.02	—	—
Omega ratio: Gain probability vs. loss probability	1.37	—	—
Calmar ratio: Return relative to maximum drawdown	3.08	—	—
Martin ratio: Return relative to average drawdown	13.91	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	HYFI	ESHY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.95	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.70	—	—

Drawdowns

HYFI vs. ESHY - Drawdown Comparison

The maximum HYFI drawdown since its inception was -6.34%, which is greater than ESHY's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for HYFI and ESHY.

Drawdown Indicators

	HYFI	ESHY	Difference
Max Drawdown Largest peak-to-trough decline	-6.34%	0.00%	-6.34%
Max Drawdown (1Y) Largest decline over 1 year	-2.49%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-6.34%	—	—
Current Drawdown Current decline from peak	-0.21%	0.00%	-0.21%
Average Drawdown Average peak-to-trough decline	-0.51%	0.00%	-0.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.55%	—	—

Volatility

Volatility by Period

	HYFI	ESHY	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.08%	—	—
Volatility (6M) Calculated over the trailing 6-month period	3.10%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.94%	0.00%	+3.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.36%	0.00%	+5.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.36%	0.00%	+5.36%

HYFI vs. ESHY - Expense Ratio Comparison

HYFI has a 0.40% expense ratio, which is higher than ESHY's 0.20% expense ratio.

Dividends

HYFI vs. ESHY - Dividend Comparison

HYFI's dividend yield for the trailing twelve months is around 6.64%, while ESHY has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
ESHY Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF	0.00%	0.00%	0.00%	0.00%
HYFI AB High Yield ETF	6.64%	6.66%	6.57%	4.17%

Frequently Asked Questions

Which ETF is better, HYFI 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, HYFI or ESHY?

ESHY is cheaper with a 0.20% expense ratio, compared with 0.40% for HYFI.

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

HYFI has the higher dividend yield at 6.64%, compared with 0.00% for ESHY.

What is the main difference between HYFI and ESHY?

They also come from different issuers: AllianceBernstein and Deutsche Bank. Their fees differ too: 0.40% for HYFI and 0.20% for ESHY.