HYLE.DE vs. XTIP.DE
HYLE.DE (iShares Global High Yield Corporate Bond UCITS ETF (EUR Hedged) Dist) and XTIP.DE (Xtrackers II TIPS US Inflation-Linked Bond UCITS ETF 1C) 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 XTIP.DE is a Inflation-Protected Bonds fund tracking the Bloomberg Gbl Infl Linked US TIPS TR USD. Both are passively managed. Over the past 3 years, HYLE.DE returned 6.29%/yr vs 1.04%/yr for XTIP.DE. At a correlation of -0.05, they often move in opposite directions. HYLE.DE charges 0.55%/yr vs 0.07%/yr for XTIP.DE.
Performance
HYLE.DE vs. XTIP.DE - Performance Comparison
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Returns By Period
In the year-to-date period, HYLE.DE achieves a 0.62% return, which is significantly lower than XTIP.DE's 2.69% 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*
- —
XTIP.DE
- 1D
- -0.02%
- 1M
- 0.81%
- YTD
- 2.69%
- 6M
- 1.65%
- 1Y
- 2.81%
- 3Y*
- 1.04%
- 5Y*
- —
- 10Y*
- —
HYLE.DE vs. XTIP.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
HYLE.DE iShares Global High Yield Corporate Bond UCITS ETF (EUR Hedged) Dist | 0.62% | 5.98% | 5.45% | 9.62% | 3.97% |
XTIP.DE Xtrackers II TIPS US Inflation-Linked Bond UCITS ETF 1C | 2.69% | -5.01% | 7.81% | 0.02% | -6.46% |
Correlation
The correlation between HYLE.DE and XTIP.DE is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.01 |
Correlation (All Time) Calculated using the full available price history since Oct 20, 2022 | -0.05 |
The correlation between HYLE.DE and XTIP.DE shifts across timeframes, from -0.12 (1 year) to 0.01 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
HYLE.DE vs. XTIP.DE — Risk / Return Rank
HYLE.DE
XTIP.DE
HYLE.DE vs. XTIP.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 Xtrackers II TIPS US Inflation-Linked Bond UCITS ETF 1C (XTIP.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 | XTIP.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.73 | ||
| Sortino ratioReturn per unit of downside risk | +1.20 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.09 | +0.15 |
| Calmar ratioReturn relative to maximum drawdown | 1.45 | 0.74 | +0.72 |
| Martin ratioReturn relative to average drawdown | 6.60 | 1.83 | +4.77 |
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
| HYLE.DE | XTIP.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.20 | 0.47 | +0.73 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.37 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | -0.06 | +0.37 |
Drawdowns
HYLE.DE vs. XTIP.DE - Drawdown Comparison
The maximum HYLE.DE drawdown since its inception was -22.59%, which is greater than XTIP.DE's maximum drawdown of -10.79%. Use the drawdown chart below to compare losses from any high point for HYLE.DE and XTIP.DE.
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Drawdown Indicators
| HYLE.DE | XTIP.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.59% | -10.79% | -11.80% |
Max Drawdown (1Y)Largest decline over 1 year | -2.83% | -3.81% | +0.98% |
Max Drawdown (3Y)Largest decline over 3 years | -4.05% | -10.79% | +6.74% |
Max Drawdown (5Y)Largest decline over 5 years | -15.38% | — | — |
Current DrawdownCurrent decline from peak | -0.23% | -5.92% | +5.69% |
Average DrawdownAverage peak-to-trough decline | -3.47% | -5.84% | +2.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.63% | 1.54% | -0.91% |
Volatility
HYLE.DE vs. XTIP.DE - Volatility Comparison
iShares Global High Yield Corporate Bond UCITS ETF (EUR Hedged) Dist (HYLE.DE) and Xtrackers II TIPS US Inflation-Linked Bond UCITS ETF 1C (XTIP.DE) have volatilities of 1.06% and 1.05%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| HYLE.DE | XTIP.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.06% | 1.05% | +0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 2.83% | 4.07% | -1.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.43% | 6.00% | -2.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.85% | 7.60% | -1.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.39% | 7.60% | +0.79% |
HYLE.DE vs. XTIP.DE - Expense Ratio Comparison
HYLE.DE has a 0.55% expense ratio, which is higher than XTIP.DE's 0.07% expense ratio.
Dividends
HYLE.DE vs. XTIP.DE - Dividend Comparison
HYLE.DE's dividend yield for the trailing twelve months is around 5.36%, while XTIP.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
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% |
XTIP.DE Xtrackers II TIPS US Inflation-Linked Bond UCITS ETF 1C | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
HYLE.DE and XTIP.DE have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XTIP.DE is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XTIP.DE is cheaper with a 0.07% expense ratio, compared with 0.55% for HYLE.DE.
HYLE.DE is categorized as High Yield Bonds, while XTIP.DE is Inflation-Protected Bonds. HYLE.DE tracks iBoxx® Global Developed Markets Liquid High Yield Capped (EUR Hedged), while XTIP.DE tracks Bloomberg Gbl Infl Linked US TIPS TR USD. They also come from different issuers: iShares and Xtrackers. Their fees differ too: 0.55% for HYLE.DE and 0.07% for XTIP.DE.
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