HYXU vs. ACWI

Last updated Jun 4, 2026

HYXU (iShares Euro High Yield Corporate Bond USD Hedged ETF) and ACWI (iShares MSCI ACWI ETF) are both exchange-traded funds - HYXU is a High Yield Bonds fund tracking the BBG Pan-European High Yield (Euro) Total Return 100% USD Hedged Index, while ACWI is a Global Equities fund tracking the MSCI All Country World Index. Both are passively managed. HYXU charges 0.35%/yr vs 0.32%/yr for ACWI.

Performance

HYXU vs. ACWI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Euro High Yield Corporate Bond USD Hedged ETF (HYXU) and iShares MSCI ACWI ETF (ACWI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

HYXU

• 1D: 0.00%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ACWI

• 1D: -0.83%
• 1M: 5.28%
• YTD: 12.13%
• 6M: 12.96%
• 1Y: 29.18%
• 3Y*: 21.15%
• 5Y*: 11.28%
• 10Y*: 12.85%

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

HYXU vs. ACWI - Yearly Performance Comparison

	2026 (YTD)
HYXU iShares Euro High Yield Corporate Bond USD Hedged ETF	0.00%
ACWI iShares MSCI ACWI ETF	0.25%

HYXU vs. ACWI - Sectors Allocation Comparison

Sectors	HYXU	ACWI
Communication Services	100.0%	9.0%
Basic Materials	-	3.7%
Consumer Cyclical	-	9.3%
Consumer Defensive	-	5.0%
Energy	-	4.2%
Financial Services	-	16.1%
Healthcare	-	8.1%
Industrials	-	10.9%
Real Estate	-	1.8%
Technology	-	29.4%
Utilities	-	2.6%

Return for Risk

HYXU vs. ACWI — Risk / Return Rank

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

ACWI

ACWI Risk / Return Rank: 66
ACWI Sharpe Ratio Rank: 68
ACWI Sortino Ratio Rank: 67
ACWI Omega Ratio Rank: 67
ACWI Calmar Ratio Rank: 59
ACWI Martin Ratio Rank: 71

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.

HYXU vs. ACWI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Euro High Yield Corporate Bond USD Hedged ETF (HYXU) and iShares MSCI ACWI ETF (ACWI). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	HYXU	ACWI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.29	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.71	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.75	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.43	—

Drawdowns

HYXU vs. ACWI - Drawdown Comparison

The maximum HYXU drawdown since its inception was 0.00%, smaller than the maximum ACWI drawdown of -56.00%. Use the drawdown chart below to compare losses from any high point for HYXU and ACWI.

Drawdown Indicators

	HYXU	ACWI	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-56.00%	+56.00%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.73%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-16.55%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-26.42%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.53%	—
Current Drawdown Current decline from peak	0.00%	-0.83%	+0.83%
Average Drawdown Average peak-to-trough decline	0.00%	-8.61%	+8.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.16%	—

Volatility

Volatility by Period

	HYXU	ACWI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.93%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.29%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	12.78%	-12.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	16.05%	-16.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	17.11%	-17.11%

HYXU vs. ACWI - Expense Ratio Comparison

HYXU has a 0.35% expense ratio, which is higher than ACWI's 0.32% expense ratio.

Dividends

HYXU vs. ACWI - Dividend Comparison

HYXU has not paid dividends to shareholders, while ACWI's dividend yield for the trailing twelve months is around 1.38%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ACWI iShares MSCI ACWI ETF	1.38%	1.55%	1.70%	1.88%	1.79%	1.71%	1.43%	2.33%	2.18%	1.94%	2.19%	2.56%
HYXU iShares Euro High Yield Corporate Bond USD Hedged ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, HYXU or ACWI?

On fees, ACWI is cheaper at 0.32% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HYXU or ACWI?

ACWI is cheaper with a 0.32% expense ratio, compared with 0.35% for HYXU.

Which ETF pays a higher dividend yield, HYXU or ACWI?

ACWI has the higher dividend yield at 1.38%, compared with 0.00% for HYXU.

What is the main difference between HYXU and ACWI?

HYXU is categorized as High Yield Bonds, while ACWI is Global Equities. HYXU tracks BBG Pan-European High Yield (Euro) Total Return 100% USD Hedged Index, while ACWI tracks MSCI All Country World Index. Their fees differ too: 0.35% for HYXU and 0.32% for ACWI.