HYLB vs. TCAL
Compare and contrast key facts about Xtrackers USD High Yield Corporate Bond ETF (HYLB) and T. Rowe Price Capital Appreciation Premium Income ETF (TCAL).
HYLB and TCAL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HYLB is a passively managed fund by DWS that tracks the performance of the Solactive USD High Yield Corporates Total Market Index. It was launched on Dec 7, 2016. TCAL is an actively managed fund by T. Rowe Price. It was launched on Mar 26, 2025.
Performance
HYLB vs. TCAL - Performance Comparison
Loading graphics...
HYLB vs. TCAL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
HYLB Xtrackers USD High Yield Corporate Bond ETF | 0.27% | 7.37% |
TCAL T. Rowe Price Capital Appreciation Premium Income ETF | -1.51% | 1.58% |
Returns By Period
In the year-to-date period, HYLB achieves a 0.27% return, which is significantly higher than TCAL's -1.51% return.
HYLB
- 1D
- 0.25%
- 1M
- -0.51%
- YTD
- 0.27%
- 6M
- 1.63%
- 1Y
- 8.59%
- 3Y*
- 8.27%
- 5Y*
- 4.00%
- 10Y*
- —
TCAL
- 1D
- 0.71%
- 1M
- -4.19%
- YTD
- -1.51%
- 6M
- -2.46%
- 1Y
- 0.23%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
HYLB vs. TCAL - Expense Ratio Comparison
HYLB has a 0.15% expense ratio, which is lower than TCAL's 0.34% expense ratio.
Return for Risk
HYLB vs. TCAL — Risk / Return Rank
HYLB
TCAL
HYLB vs. TCAL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers USD High Yield Corporate Bond ETF (HYLB) and T. Rowe Price Capital Appreciation Premium Income ETF (TCAL). 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.
| HYLB | TCAL | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.33 | -0.04 | +1.37 |
Sortino ratioReturn per unit of downside risk | 1.98 | 0.02 | +1.96 |
Omega ratioGain probability vs. loss probability | 1.32 | 1.00 | +0.31 |
Calmar ratioReturn relative to maximum drawdown | 1.93 | -0.05 | +1.98 |
Martin ratioReturn relative to average drawdown | 10.02 | -0.17 | +10.19 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| HYLB | TCAL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.33 | -0.04 | +1.37 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.54 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.57 | 0.00 | +0.57 |
Correlation
The correlation between HYLB and TCAL is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
HYLB vs. TCAL - Dividend Comparison
HYLB's dividend yield for the trailing twelve months is around 6.50%, less than TCAL's 11.62% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
HYLB Xtrackers USD High Yield Corporate Bond ETF | 6.50% | 6.29% | 6.31% | 5.84% | 5.53% | 4.45% | 5.22% | 5.71% | 5.95% | 5.85% | 0.27% |
TCAL T. Rowe Price Capital Appreciation Premium Income ETF | 11.62% | 8.34% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
HYLB vs. TCAL - Drawdown Comparison
The maximum HYLB drawdown since its inception was -22.91%, which is greater than TCAL's maximum drawdown of -7.24%. Use the drawdown chart below to compare losses from any high point for HYLB and TCAL.
Loading graphics...
Drawdown Indicators
| HYLB | TCAL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.91% | -7.24% | -15.67% |
Max Drawdown (1Y)Largest decline over 1 year | -2.27% | -7.00% | +4.73% |
Max Drawdown (5Y)Largest decline over 5 years | -15.54% | — | — |
Current DrawdownCurrent decline from peak | -0.77% | -4.59% | +3.82% |
Average DrawdownAverage peak-to-trough decline | -2.47% | -1.62% | -0.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.75% | 2.18% | -1.43% |
Volatility
HYLB vs. TCAL - Volatility Comparison
The current volatility for Xtrackers USD High Yield Corporate Bond ETF (HYLB) is 2.22%, while T. Rowe Price Capital Appreciation Premium Income ETF (TCAL) has a volatility of 3.52%. This indicates that HYLB experiences smaller price fluctuations and is considered to be less risky than TCAL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| HYLB | TCAL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.22% | 3.52% | -1.30% |
Volatility (6M)Calculated over the trailing 6-month period | 2.83% | 7.63% | -4.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.49% | 11.69% | -6.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.45% | 11.66% | -4.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.24% | 11.66% | -3.42% |