HYRM vs. ESHY

Last updated Jun 3, 2026

HYRM (Xtrackers Risk Managed USD High Yield Strategy ETF) and ESHY (Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF) are both High Yield Bonds funds - HYRM tracks the Adaptive Wealth Strategies Risk Managed High Yield Index - USD - US Dollar - Benchmark TR Net while ESHY tracks the JPMorgan ESG DM Corporate High Yield USD Index. Both are passively managed. HYRM charges 0.30%/yr vs 0.20%/yr for ESHY.

Performance

HYRM vs. ESHY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers Risk Managed USD High Yield Strategy ETF (HYRM) 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

HYRM

• 1D: 0.04%
• 1M: 0.17%
• YTD: 1.50%
• 6M: 2.05%
• 1Y: 6.83%
• 3Y*: 7.86%
• 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)

HYRM vs. ESHY - Yearly Performance Comparison

	2026 (YTD)
HYRM Xtrackers Risk Managed USD High Yield Strategy ETF	0.67%
ESHY Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF	0.00%

HYRM vs. ESHY - Sectors Allocation Comparison

Sectors	HYRM	ESHY
Financial Services	92.7%	-
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	100.0%
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Technology	-	-
Utilities	-	-

Return for Risk

HYRM vs. ESHY — Risk / Return Rank

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

HYRM

HYRM Risk / Return Rank: 65
HYRM Sharpe Ratio Rank: 57
HYRM Sortino Ratio Rank: 64
HYRM Omega Ratio Rank: 63
HYRM Calmar Ratio Rank: 66
HYRM 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.

HYRM vs. ESHY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers Risk Managed USD High Yield Strategy ETF (HYRM) 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.

	HYRM	ESHY	Difference
Sharpe ratio Return per unit of total volatility	1.98	—	—
Sortino ratio Return per unit of downside risk	3.00	—	—
Omega ratio Gain probability vs. loss probability	1.39	—	—
Calmar ratio Return relative to maximum drawdown	3.31	—	—
Martin ratio Return relative to average drawdown	14.29	—	—
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

	HYRM	ESHY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.98	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.58	—	—

Drawdowns

HYRM vs. ESHY - Drawdown Comparison

The maximum HYRM drawdown since its inception was -12.42%, which is greater than ESHY's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for HYRM and ESHY.

Drawdown Indicators

	HYRM	ESHY	Difference
Max Drawdown Largest peak-to-trough decline	-12.42%	0.00%	-12.42%
Max Drawdown (1Y) Largest decline over 1 year	-2.53%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-4.62%	—	—
Current Drawdown Current decline from peak	-0.05%	0.00%	-0.05%
Average Drawdown Average peak-to-trough decline	-2.57%	0.00%	-2.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.59%	—	—

Volatility

Volatility by Period

	HYRM	ESHY	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.05%	—	—
Volatility (6M) Calculated over the trailing 6-month period	3.22%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	4.22%	0.00%	+4.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.87%	0.00%	+7.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.87%	0.00%	+7.87%

HYRM vs. ESHY - Expense Ratio Comparison

HYRM has a 0.30% expense ratio, which is higher than ESHY's 0.20% expense ratio.

Dividends

HYRM vs. ESHY - Dividend Comparison

HYRM's dividend yield for the trailing twelve months is around 5.92%, while ESHY has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
ESHY Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF	0.00%	0.00%	0.00%	0.00%	0.00%
HYRM Xtrackers Risk Managed USD High Yield Strategy ETF	5.92%	6.28%	6.08%	5.78%	4.69%

Frequently Asked Questions

Which ETF is better, HYRM 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, HYRM or ESHY?

ESHY is cheaper with a 0.20% expense ratio, compared with 0.30% for HYRM.

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

HYRM has the higher dividend yield at 5.92%, compared with 0.00% for ESHY.

What is the main difference between HYRM and ESHY?

HYRM tracks Adaptive Wealth Strategies Risk Managed High Yield Index - USD - US Dollar - Benchmark TR Net, while ESHY tracks JPMorgan ESG DM Corporate High Yield USD Index. They also come from different issuers: Xtrackers and Deutsche Bank. Their fees differ too: 0.30% for HYRM and 0.20% for ESHY.