HYRM vs. SCYB
Compare and contrast key facts about Xtrackers Risk Managed USD High Yield Strategy ETF (HYRM) and Schwab High Yield Bond ETF (SCYB).
HYRM and SCYB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HYRM is a passively managed fund by Xtrackers that tracks the performance of the Adaptive Wealth Strategies Risk Managed High Yield Index - USD - US Dollar - Benchmark TR Net. It was launched on Feb 9, 2022. SCYB is a passively managed fund by Charles Schwab that tracks the performance of the ICE BofA US Cash Pay High Yield Constrained Index. It was launched on Jul 10, 2023. Both HYRM and SCYB are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
HYRM vs. SCYB - Performance Comparison
Loading graphics...
HYRM vs. SCYB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
HYRM Xtrackers Risk Managed USD High Yield Strategy ETF | -0.30% | 5.98% | 7.81% | 7.04% |
SCYB Schwab High Yield Bond ETF | -0.47% | 8.33% | 8.15% | 6.74% |
Returns By Period
In the year-to-date period, HYRM achieves a -0.30% return, which is significantly higher than SCYB's -0.47% return.
HYRM
- 1D
- 0.96%
- 1M
- -1.02%
- YTD
- -0.30%
- 6M
- 1.03%
- 1Y
- 4.40%
- 3Y*
- 7.02%
- 5Y*
- —
- 10Y*
- —
SCYB
- 1D
- 0.89%
- 1M
- -1.23%
- YTD
- -0.47%
- 6M
- 0.62%
- 1Y
- 6.71%
- 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.
HYRM vs. SCYB - Expense Ratio Comparison
HYRM has a 0.30% expense ratio, which is higher than SCYB's 0.03% expense ratio.
Return for Risk
HYRM vs. SCYB — Risk / Return Rank
HYRM
SCYB
HYRM vs. SCYB - 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 Schwab High Yield Bond ETF (SCYB). 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 | SCYB | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.78 | 1.19 | -0.41 |
Sortino ratioReturn per unit of downside risk | 1.19 | 1.75 | -0.56 |
Omega ratioGain probability vs. loss probability | 1.17 | 1.28 | -0.11 |
Calmar ratioReturn relative to maximum drawdown | 1.14 | 1.60 | -0.46 |
Martin ratioReturn relative to average drawdown | 4.47 | 8.44 | -3.97 |
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
| HYRM | SCYB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.78 | 1.19 | -0.41 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.53 | 1.62 | -1.09 |
Correlation
The correlation between HYRM and SCYB is 0.87, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
HYRM vs. SCYB - Dividend Comparison
HYRM's dividend yield for the trailing twelve months is around 6.35%, less than SCYB's 7.01% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
HYRM Xtrackers Risk Managed USD High Yield Strategy ETF | 6.35% | 6.28% | 6.08% | 5.78% | 4.69% |
SCYB Schwab High Yield Bond ETF | 7.01% | 6.99% | 7.06% | 3.36% | 0.00% |
Drawdowns
HYRM vs. SCYB - Drawdown Comparison
The maximum HYRM drawdown since its inception was -12.42%, which is greater than SCYB's maximum drawdown of -4.92%. Use the drawdown chart below to compare losses from any high point for HYRM and SCYB.
Loading graphics...
Drawdown Indicators
| HYRM | SCYB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.42% | -4.92% | -7.50% |
Max Drawdown (1Y)Largest decline over 1 year | -3.97% | -4.22% | +0.25% |
Current DrawdownCurrent decline from peak | -1.42% | -1.50% | +0.08% |
Average DrawdownAverage peak-to-trough decline | -2.63% | -0.53% | -2.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.01% | 0.80% | +0.21% |
Volatility
HYRM vs. SCYB - Volatility Comparison
Xtrackers Risk Managed USD High Yield Strategy ETF (HYRM) has a higher volatility of 2.45% compared to Schwab High Yield Bond ETF (SCYB) at 2.25%. This indicates that HYRM's price experiences larger fluctuations and is considered to be riskier than SCYB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| HYRM | SCYB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.45% | 2.25% | +0.20% |
Volatility (6M)Calculated over the trailing 6-month period | 3.30% | 2.91% | +0.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.65% | 5.67% | -0.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.94% | 5.20% | +2.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.94% | 5.20% | +2.74% |