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HYXF vs. JPHY
Performance
Return for Risk
Drawdowns
Volatility
Dividends

HYXF vs. JPHY

Last updated Jun 5, 2026

HYXF (iShares ESG Advanced High Yield Corporate Bond ETF) and JPHY (JPMorgan High Yield Research Enhanced ETF) are both High Yield Bonds funds. HYXF is passively managed, while JPHY is actively managed. Their correlation of 0.84 suggests significant overlap in exposure. HYXF charges 0.35%/yr vs 0.24%/yr for JPHY.

Performance

HYXF vs. JPHY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares ESG Advanced High Yield Corporate Bond ETF (HYXF) and JPMorgan High Yield Research Enhanced ETF (JPHY). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, HYXF achieves a 1.01% return, which is significantly lower than JPHY's 2.06% return.

HYXF

1D
0.10%
1M
0.28%
YTD
1.01%
6M
1.57%
1Y
5.76%
3Y*
8.71%
5Y*
3.68%
10Y*
—

JPHY

1D
-0.01%
1M
0.35%
YTD
2.06%
6M
2.42%
1Y
—
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

HYXF vs. JPHY - Yearly Performance Comparison

2026 (YTD)2025
HYXF
iShares ESG Advanced High Yield Corporate Bond ETF		1.01%3.70%
JPHY
JPMorgan High Yield Research Enhanced ETF		2.06%4.00%

Correlation

The correlation between HYXF and JPHY is 0.84, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

Correlation
Correlation (All Time)
Calculated using the full available price history since Jun 26, 2025

0.84

HYXF vs. JPHY - Sectors Allocation Comparison

Sectors
HYXF
JPHY

Communication Services

100.0%
15.8%

Basic Materials

-

3.6%

Consumer Cyclical

-

8.9%

Consumer Defensive

-

2.4%

Energy

-

7.0%

Financial Services

-

1.8%

Healthcare

-

5.1%

Industrials

-

10.8%

Real Estate

-

3.0%

Technology

-

4.8%

Utilities

-

2.8%

Communication Services

HYXF
100.0%
JPHY
15.8%

Basic Materials

HYXF

-

JPHY
3.6%

Consumer Cyclical

HYXF

-

JPHY
8.9%

Consumer Defensive

HYXF

-

JPHY
2.4%

Energy

HYXF

-

JPHY
7.0%

Financial Services

HYXF

-

JPHY
1.8%

Healthcare

HYXF

-

JPHY
5.1%

Industrials

HYXF

-

JPHY
10.8%

Real Estate

HYXF

-

JPHY
3.0%

Technology

HYXF

-

JPHY
4.8%

Utilities

HYXF

-

JPHY
2.8%

Compare stocks, funds, or ETFs

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iShares ESG Advanced High Yield Corporate Bond ETF

JPMorgan High Yield Research Enhanced ETF

Often compared with HYXF:
HYXF vs. EUSBHYXF vs. ARTFXHYXF vs. USHYHYXF vs. FDHYHYXF vs. SRLNHYXF vs. SGOVHYXF vs. BSJP
Often compared with JPHY:
JPHY vs. JEPIJPHY vs. JPIEJPHY vs. VMFXXJPHY vs. ARKXJPHY vs. IDVJPHY vs. BCATJPHY vs. JEPIX

Return for Risk

HYXF vs. JPHY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
HYXF
HYXF Risk / Return Rank: 4949
Overall Rank
HYXF Sharpe Ratio Rank: 4444
Sharpe Ratio Rank
HYXF Sortino Ratio Rank: 4848
Sortino Ratio Rank
HYXF Omega Ratio Rank: 4646
Omega Ratio Rank
HYXF Calmar Ratio Rank: 4646
Calmar Ratio Rank
HYXF Martin Ratio Rank: 5858
Martin Ratio Rank
JPHY
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.

HYXF vs. JPHY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares ESG Advanced High Yield Corporate Bond ETF (HYXF) and JPMorgan High Yield Research Enhanced ETF (JPHY). 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.

HYXFJPHYDifference
Sharpe ratioReturn per unit of total volatility
1.54

—

—

Sortino ratioReturn per unit of downside risk
2.32

—

—

Omega ratioGain probability vs. loss probability

1.29

—

—

Calmar ratioReturn relative to maximum drawdown

2.25

—

—

Martin ratioReturn relative to average drawdown

10.15

—

—

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HYXF vs. JPHY - Sharpe Ratio Comparison

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Sharpe Ratios by Period

HYXFJPHYDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.54

—

—

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.46

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.62

2.16

-1.55

Drawdowns

HYXF vs. JPHY - Drawdown Comparison

The maximum HYXF drawdown since its inception was -18.75%, which is greater than JPHY's maximum drawdown of -1.65%. Use the drawdown chart below to compare losses from any high point for HYXF and JPHY.

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Drawdown Indicators

HYXFJPHYDifference

Max Drawdown

Largest peak-to-trough decline

-18.75%

-1.65%

-17.10%

Max Drawdown (1Y)

Largest decline over 1 year

-2.57%

—

—

Max Drawdown (3Y)

Largest decline over 3 years

-4.81%

—

—

Max Drawdown (5Y)

Largest decline over 5 years

-16.00%

—

—

Current Drawdown

Current decline from peak

-0.17%

-0.10%

-0.07%

Average Drawdown

Average peak-to-trough decline

-2.58%

-0.21%

-2.37%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.57%

—

—

Volatility

HYXF vs. JPHY - Volatility Comparison

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Volatility by Period

HYXFJPHYDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.15%

—

—

Volatility (6M)

Calculated over the trailing 6-month period

2.92%

—

—

Volatility (1Y)

Calculated over the trailing 1-year period

3.77%

3.04%

+0.73%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

8.04%

3.04%

+5.00%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

8.32%

3.04%

+5.28%

HYXF vs. JPHY - Expense Ratio Comparison

HYXF has a 0.35% expense ratio, which is higher than JPHY's 0.24% expense ratio.

Dividends

HYXF vs. JPHY - Dividend Comparison

HYXF's dividend yield for the trailing twelve months is around 6.09%, more than JPHY's 5.92% yield.

PositionTTM2025202420232022202120202019201820172016
HYXF
iShares ESG Advanced High Yield Corporate Bond ETF		6.09%6.19%6.40%5.93%5.37%4.56%4.96%5.29%6.14%5.85%3.16%
JPHY
JPMorgan High Yield Research Enhanced ETF		5.92%3.32%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

HYXF and JPHY have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, JPHY is cheaper at 0.24% per year. The better choice depends on whether you care most about return, fees, risk, or income.

JPHY is cheaper with a 0.24% expense ratio, compared with 0.35% for HYXF.

HYXF has the higher dividend yield at 6.09%, compared with 5.92% for JPHY.

They also come from different issuers: iShares and JPMorgan. Their fees differ too: 0.35% for HYXF and 0.24% for JPHY.

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