HYLE.DE vs. 5MVL.DE
HYLE.DE (iShares Global High Yield Corporate Bond UCITS ETF (EUR Hedged) Dist) and 5MVL.DE (iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc)) are both exchange-traded funds - HYLE.DE is a High Yield Bonds fund tracking the iBoxx® Global Developed Markets Liquid High Yield Capped (EUR Hedged), while 5MVL.DE is a Emerging Markets Equities fund tracking the MSCI Emerging Markets Select Value Factor Focus. Both are passively managed. Over the past 5 years, HYLE.DE returned 2.18%/yr vs 17.27%/yr for 5MVL.DE. At a 0.45 correlation, their price movements are largely independent. HYLE.DE charges 0.55%/yr vs 0.40%/yr for 5MVL.DE.
Performance
HYLE.DE vs. 5MVL.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, HYLE.DE achieves a 0.62% return, which is significantly lower than 5MVL.DE's 45.83% return.
HYLE.DE
- 1D
- 0.17%
- 1M
- 0.41%
- YTD
- 0.62%
- 6M
- 1.13%
- 1Y
- 4.13%
- 3Y*
- 6.29%
- 5Y*
- 2.18%
- 10Y*
- —
5MVL.DE
- 1D
- -2.48%
- 1M
- 11.27%
- YTD
- 45.83%
- 6M
- 48.36%
- 1Y
- 82.90%
- 3Y*
- 33.99%
- 5Y*
- 17.27%
- 10Y*
- —
HYLE.DE vs. 5MVL.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
HYLE.DE iShares Global High Yield Corporate Bond UCITS ETF (EUR Hedged) Dist | 0.62% | 5.98% | 5.45% | 9.62% | -10.62% | 3.02% | 2.52% | 3.53% |
5MVL.DE iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc) | 45.83% | 27.25% | 21.00% | 14.58% | -10.54% | 13.07% | -2.40% | 6.60% |
Correlation
The correlation between HYLE.DE and 5MVL.DE is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.44 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (All Time) Calculated using the full available price history since Apr 29, 2019 | 0.45 |
The correlation between HYLE.DE and 5MVL.DE has been stable across timeframes, ranging from 0.41 to 0.50 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
HYLE.DE vs. 5MVL.DE — Risk / Return Rank
HYLE.DE
5MVL.DE
HYLE.DE vs. 5MVL.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global High Yield Corporate Bond UCITS ETF (EUR Hedged) Dist (HYLE.DE) and iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc) (5MVL.DE). 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.
| HYLE.DE | 5MVL.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.11 | ||
| Sortino ratioReturn per unit of downside risk | -3.28 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.73 | -0.50 |
| Calmar ratioReturn relative to maximum drawdown | 1.45 | 8.86 | -7.41 |
| Martin ratioReturn relative to average drawdown | 6.60 | 28.83 | -22.23 |
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 charts...
Sharpe Ratios by Period
| HYLE.DE | 5MVL.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.20 | 4.31 | -3.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.37 | 1.02 | -0.65 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 0.83 | -0.52 |
Drawdowns
HYLE.DE vs. 5MVL.DE - Drawdown Comparison
The maximum HYLE.DE drawdown since its inception was -22.59%, smaller than the maximum 5MVL.DE drawdown of -32.25%. Use the drawdown chart below to compare losses from any high point for HYLE.DE and 5MVL.DE.
Loading charts...
Drawdown Indicators
| HYLE.DE | 5MVL.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.59% | -32.25% | +9.66% |
Max Drawdown (1Y)Largest decline over 1 year | -2.83% | -9.30% | +6.47% |
Max Drawdown (3Y)Largest decline over 3 years | -4.05% | -19.15% | +15.10% |
Max Drawdown (5Y)Largest decline over 5 years | -15.38% | -20.60% | +5.22% |
Current DrawdownCurrent decline from peak | -0.23% | -3.88% | +3.65% |
Average DrawdownAverage peak-to-trough decline | -3.47% | -6.27% | +2.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.63% | 2.87% | -2.24% |
Volatility
HYLE.DE vs. 5MVL.DE - Volatility Comparison
The current volatility for iShares Global High Yield Corporate Bond UCITS ETF (EUR Hedged) Dist (HYLE.DE) is 1.06%, while iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc) (5MVL.DE) has a volatility of 8.71%. This indicates that HYLE.DE experiences smaller price fluctuations and is considered to be less risky than 5MVL.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| HYLE.DE | 5MVL.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.06% | 8.71% | -7.65% |
Volatility (6M)Calculated over the trailing 6-month period | 2.83% | 15.83% | -13.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.43% | 19.13% | -15.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.85% | 16.78% | -10.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.39% | 18.84% | -10.45% |
HYLE.DE vs. 5MVL.DE - Expense Ratio Comparison
HYLE.DE has a 0.55% expense ratio, which is higher than 5MVL.DE's 0.40% expense ratio.
Dividends
HYLE.DE vs. 5MVL.DE - Dividend Comparison
HYLE.DE's dividend yield for the trailing twelve months is around 5.36%, while 5MVL.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
5MVL.DE iShares Edge MSCI EM Value Factor UCITS ETF USD(Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
HYLE.DE iShares Global High Yield Corporate Bond UCITS ETF (EUR Hedged) Dist | 5.36% | 5.34% | 5.38% | 4.76% | 4.17% | 3.83% | 4.50% | 1.75% |
Frequently Asked Questions
HYLE.DE and 5MVL.DE have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, 5MVL.DE is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.
5MVL.DE is cheaper with a 0.40% expense ratio, compared with 0.55% for HYLE.DE.
HYLE.DE is categorized as High Yield Bonds, while 5MVL.DE is Emerging Markets Equities. HYLE.DE tracks iBoxx® Global Developed Markets Liquid High Yield Capped (EUR Hedged), while 5MVL.DE tracks MSCI Emerging Markets Select Value Factor Focus. Their fees differ too: 0.55% for HYLE.DE and 0.40% for 5MVL.DE.
Find the right allocation for HYLE.DE and 5MVL.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer