HYUP vs. LDRH

Last updated Jun 4, 2026

HYUP (Xtrackers High Beta High Yield Bond ETF) and LDRH (iShares iBonds 1-5 Year High Yield and Income Ladder ETF) are both High Yield Bonds funds - HYUP tracks the Solactive USD High Yield Corporates Total Market High Beta Index while LDRH tracks the BlackRock iBonds 1-5 Year High Yield and Income Ladder Index. Both are passively managed. Over the past year, HYUP returned 7.43% vs 6.43% for LDRH. Their correlation of 0.84 suggests significant overlap in exposure. HYUP charges 0.20%/yr vs 0.35%/yr for LDRH.

Performance

HYUP vs. LDRH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers High Beta High Yield Bond ETF (HYUP) and iShares iBonds 1-5 Year High Yield and Income Ladder ETF (LDRH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HYUP achieves a 1.63% return, which is significantly lower than LDRH's 1.79% return.

HYUP

• 1D: -0.33%
• 1M: 0.54%
• YTD: 1.63%
• 6M: 2.12%
• 1Y: 7.43%
• 3Y*: 10.16%
• 5Y*: 4.39%
• 10Y*: —

LDRH

• 1D: -0.20%
• 1M: 0.18%
• YTD: 1.79%
• 6M: 2.28%
• 1Y: 6.43%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

HYUP vs. LDRH - Yearly Performance Comparison

	2026 (YTD)	2025	2024
HYUP Xtrackers High Beta High Yield Bond ETF	1.63%	8.83%	-0.63%
LDRH iShares iBonds 1-5 Year High Yield and Income Ladder ETF	1.79%	7.18%	0.21%

Correlation

The correlation between HYUP and LDRH is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.81
Correlation (All Time) Calculated using the full available price history since Nov 11, 2024	0.84

The correlation between HYUP and LDRH has been stable across timeframes, ranging from 0.81 to 0.84 - a consistent structural relationship.

Return for Risk

HYUP vs. LDRH — Risk / Return Rank

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

HYUP

HYUP Risk / Return Rank: 54
HYUP Sharpe Ratio Rank: 51
HYUP Sortino Ratio Rank: 55
HYUP Omega Ratio Rank: 54
HYUP Calmar Ratio Rank: 49
HYUP Martin Ratio Rank: 59

LDRH

LDRH Risk / Return Rank: 85
LDRH Sharpe Ratio Rank: 76
LDRH Sortino Ratio Rank: 87
LDRH Omega Ratio Rank: 81
LDRH Calmar Ratio Rank: 88
LDRH Martin Ratio Rank: 91

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.

HYUP vs. LDRH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers High Beta High Yield Bond ETF (HYUP) and iShares iBonds 1-5 Year High Yield and Income Ladder ETF (LDRH). 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.

	HYUP	LDRH	Difference
Sharpe ratio Return per unit of total volatility	1.76	2.48	-0.71
Sortino ratio Return per unit of downside risk	2.68	3.99	-1.32
Omega ratio Gain probability vs. loss probability	1.34	1.49	-0.15
Calmar ratio Return relative to maximum drawdown	2.45	5.24	-2.80
Martin ratio Return relative to average drawdown	10.46	21.81	-11.36
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HYUP vs. LDRH - Sharpe Ratio Comparison

The current HYUP Sharpe Ratio is 1.76, which is comparable to the LDRH Sharpe Ratio of 2.48. The chart below compares the historical Sharpe Ratios of HYUP and LDRH, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	HYUP	LDRH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.76	2.48	-0.71
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.53	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.52	1.69	-1.17

Drawdowns

HYUP vs. LDRH - Drawdown Comparison

The maximum HYUP drawdown since its inception was -24.79%, which is greater than LDRH's maximum drawdown of -3.17%. Use the drawdown chart below to compare losses from any high point for HYUP and LDRH.

Drawdown Indicators

	HYUP	LDRH	Difference
Max Drawdown Largest peak-to-trough decline	-24.79%	-3.17%	-21.62%
Max Drawdown (1Y) Largest decline over 1 year	-3.05%	-1.23%	-1.82%
Max Drawdown (3Y) Largest decline over 3 years	-6.03%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-18.06%	—	—
Current Drawdown Current decline from peak	-0.36%	-0.20%	-0.16%
Average Drawdown Average peak-to-trough decline	-3.42%	-0.24%	-3.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.71%	0.30%	+0.41%

Volatility

HYUP vs. LDRH - Volatility Comparison

Xtrackers High Beta High Yield Bond ETF (HYUP) has a higher volatility of 1.35% compared to iShares iBonds 1-5 Year High Yield and Income Ladder ETF (LDRH) at 0.69%. This indicates that HYUP's price experiences larger fluctuations and is considered to be riskier than LDRH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HYUP	LDRH	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.35%	0.69%	+0.66%
Volatility (6M) Calculated over the trailing 6-month period	3.35%	1.97%	+1.38%
Volatility (1Y) Calculated over the trailing 1-year period	4.24%	2.61%	+1.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.27%	3.52%	+4.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.75%	3.52%	+6.23%

HYUP vs. LDRH - Expense Ratio Comparison

HYUP has a 0.20% expense ratio, which is lower than LDRH's 0.35% expense ratio.

Dividends

HYUP vs. LDRH - Dividend Comparison

HYUP's dividend yield for the trailing twelve months is around 7.33%, more than LDRH's 7.00% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
HYUP Xtrackers High Beta High Yield Bond ETF	7.33%	7.44%	7.78%	7.48%	7.15%	6.19%	6.89%	6.77%	6.98%
LDRH iShares iBonds 1-5 Year High Yield and Income Ladder ETF	7.00%	6.41%	1.13%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both HYUP and LDRH in my portfolio?

HYUP and LDRH have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HYUP or LDRH?

HYUP has higher volatility (1.35%) compared to LDRH (0.69%). In terms of maximum drawdown, HYUP dropped -24.79% vs LDRH's -3.17%.

Which ETF is better, HYUP or LDRH?

On 1-year performance, HYUP leads with 7.43% vs 6.43% for LDRH. On fees, HYUP is cheaper at 0.20% per year. On volatility, LDRH has been the lower-risk option at 0.69%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, HYUP or LDRH?

Over the 1-year period, HYUP has performed better with a 7.43% return vs 6.43%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, HYUP or LDRH?

HYUP is cheaper with a 0.20% expense ratio, compared with 0.35% for LDRH.

Which ETF pays a higher dividend yield, HYUP or LDRH?

HYUP has the higher dividend yield at 7.33%, compared with 7.00% for LDRH.

What is the main difference between HYUP and LDRH?

HYUP tracks Solactive USD High Yield Corporates Total Market High Beta Index, while LDRH tracks BlackRock iBonds 1-5 Year High Yield and Income Ladder Index. They also come from different issuers: Deutsche Bank and iShares. Their fees differ too: 0.20% for HYUP and 0.35% for LDRH.

Which has better risk-adjusted returns?

LDRH currently has the higher Sharpe Ratio (2.48 vs 1.76), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.