HYGB.L vs. DAGB.L
HYGB.L (VanEck Emerging Markets High Yield Bond UCITS ETF) and DAGB.L (VanEck Digital Assets Equity UCITS ETF A USD Acc) are both exchange-traded funds - HYGB.L is a High Yield Bonds fund tracking the VanEck Emerging Markets High Yield Bond UCITS ETF, while DAGB.L is a Technology Equities fund tracking the MSCI World/Information Tech NR USD. Both are passively managed. Over the past 5 years, HYGB.L returned 3.23%/yr vs -1.57%/yr for DAGB.L. At a correlation of -0.07, they often move in opposite directions. HYGB.L charges 0.40%/yr vs 0.65%/yr for DAGB.L.
Performance
HYGB.L vs. DAGB.L - Performance Comparison
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Returns By Period
In the year-to-date period, HYGB.L achieves a 3.41% return, which is significantly lower than DAGB.L's 9.15% return.
HYGB.L
- 1D
- -0.56%
- 1M
- -0.50%
- 6M
- 2.88%
- YTD
- 3.41%
- 1Y
- 7.65%
- 3Y*
- 8.57%
- 5Y*
- 3.23%
- 10Y*
- —
DAGB.L
- 1D
- -0.52%
- 1M
- -18.25%
- 6M
- -12.07%
- YTD
- 9.15%
- 1Y
- 2.69%
- 3Y*
- 23.46%
- 5Y*
- -1.57%
- 10Y*
- —
HYGB.L vs. DAGB.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
HYGB.L VanEck Emerging Markets High Yield Bond UCITS ETF | 3.41% | 1.56% | 13.72% | 1.66% | -2.52% | 1.09% |
DAGB.L VanEck Digital Assets Equity UCITS ETF A USD Acc | 9.15% | 2.70% | 31.12% | 326.16% | -85.21% | -24.14% |
Correlation
The correlation between HYGB.L and DAGB.L is -0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.08 |
Correlation (All Time) Calculated using the full available price history since May 6, 2021 | -0.07 |
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Return for Risk
HYGB.L vs. DAGB.L — Risk / Return Rank
HYGB.L
DAGB.L
HYGB.L vs. DAGB.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Emerging Markets High Yield Bond UCITS ETF (HYGB.L) and VanEck Digital Assets Equity UCITS ETF A USD Acc (DAGB.L). 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.
| HYGB.L | DAGB.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.12 | ||
| Sortino ratioReturn per unit of downside risk | +1.23 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.06 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 2.30 | 0.06 | +2.24 |
| Martin ratioReturn relative to average drawdown | 5.91 | 0.10 | +5.81 |
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Drawdowns
HYGB.L vs. DAGB.L - Drawdown Comparison
The maximum HYGB.L drawdown since its inception was -26.72%, smaller than the maximum DAGB.L drawdown of -91.23%. Use the drawdown chart below to compare losses from any high point for HYGB.L and DAGB.L.
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Drawdown Indicators
| HYGB.L | DAGB.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.72% | -91.23% | +64.51% |
Max Drawdown (1Y)Largest decline over 1 year | -3.31% | -45.63% | +42.32% |
Max Drawdown (3Y)Largest decline over 3 years | -8.96% | -58.48% | +49.52% |
Max Drawdown (5Y)Largest decline over 5 years | -23.02% | -91.23% | +68.21% |
Current DrawdownCurrent decline from peak | -2.23% | -43.87% | +41.64% |
Average DrawdownAverage peak-to-trough decline | -14.29% | -57.10% | +42.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.29% | 26.74% | -25.45% |
Volatility
HYGB.L vs. DAGB.L - Volatility Comparison
The current volatility for VanEck Emerging Markets High Yield Bond UCITS ETF (HYGB.L) is 1.95%, while VanEck Digital Assets Equity UCITS ETF A USD Acc (DAGB.L) has a volatility of 12.76%. This indicates that HYGB.L experiences smaller price fluctuations and is considered to be less risky than DAGB.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HYGB.L | DAGB.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.95% | 12.76% | -10.81% |
Volatility (6M)Calculated over the trailing 6-month period | 4.98% | 39.88% | -34.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.52% | 59.66% | -53.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.19% | 71.92% | -53.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.41% | 71.36% | -53.95% |
HYGB.L vs. DAGB.L - Expense Ratio Comparison
HYGB.L has a 0.40% expense ratio, which is lower than DAGB.L's 0.65% expense ratio.
Dividends
HYGB.L vs. DAGB.L - Dividend Comparison
Neither HYGB.L nor DAGB.L has paid dividends to shareholders.
Frequently Asked Questions
HYGB.L and DAGB.L have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, HYGB.L is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
HYGB.L is cheaper with a 0.40% expense ratio, compared with 0.65% for DAGB.L.
HYGB.L is categorized as High Yield Bonds, while DAGB.L is Technology Equities. HYGB.L tracks VanEck Emerging Markets High Yield Bond UCITS ETF, while DAGB.L tracks MSCI World/Information Tech NR USD. Their fees differ too: 0.40% for HYGB.L and 0.65% for DAGB.L.
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