HYXU vs. HYDB

Last updated Jun 5, 2026

HYXU (iShares Euro High Yield Corporate Bond USD Hedged ETF) and HYDB (iShares High Yield Bond Factor ETF) are both High Yield Bonds funds from iShares - HYXU tracks the BBG Pan-European High Yield (Euro) Total Return 100% USD Hedged Index while HYDB tracks the BlackRock High Yield Defensive Bond Index. Both are passively managed. Both charge a 0.35% expense ratio.

Performance

HYXU vs. HYDB - 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 High Yield Bond Factor ETF (HYDB). 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*: —

HYDB

• 1D: 0.11%
• 1M: 0.30%
• YTD: 1.43%
• 6M: 1.98%
• 1Y: 7.09%
• 3Y*: 9.23%
• 5Y*: 4.69%
• 10Y*: —

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

HYXU vs. HYDB - Yearly Performance Comparison

	2026 (YTD)
HYXU iShares Euro High Yield Corporate Bond USD Hedged ETF	0.00%
HYDB iShares High Yield Bond Factor ETF	0.11%

Return for Risk

HYXU vs. HYDB — Risk / Return Rank

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

HYDB

HYDB Risk / Return Rank: 58
HYDB Sharpe Ratio Rank: 56
HYDB Sortino Ratio Rank: 61
HYDB Omega Ratio Rank: 61
HYDB Calmar Ratio Rank: 52
HYDB Martin Ratio Rank: 63

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. HYDB - 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 High Yield Bond Factor ETF (HYDB). 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	HYDB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.88	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.67	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.71	—

Drawdowns

HYXU vs. HYDB - Drawdown Comparison

The maximum HYXU drawdown since its inception was 0.00%, smaller than the maximum HYDB drawdown of -21.58%. Use the drawdown chart below to compare losses from any high point for HYXU and HYDB.

Drawdown Indicators

	HYXU	HYDB	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-21.58%	+21.58%
Max Drawdown (1Y) Largest decline over 1 year	—	-2.83%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-5.58%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-14.28%	—
Current Drawdown Current decline from peak	0.00%	-0.11%	+0.11%
Average Drawdown Average peak-to-trough decline	0.00%	-2.39%	+2.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.64%	—

Volatility

Volatility by Period

	HYXU	HYDB	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.12%	—
Volatility (6M) Calculated over the trailing 6-month period	—	2.93%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	3.78%	-3.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	7.04%	-7.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	7.76%	-7.76%

HYXU vs. HYDB - Expense Ratio Comparison

Both HYXU and HYDB have an expense ratio of 0.35%.

Dividends

HYXU vs. HYDB - Dividend Comparison

HYXU has not paid dividends to shareholders, while HYDB's dividend yield for the trailing twelve months is around 7.00%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
HYDB iShares High Yield Bond Factor ETF	7.00%	7.04%	6.95%	7.00%	6.30%	4.70%	5.81%	5.68%	6.16%	2.70%
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%

Frequently Asked Questions

Which ETF is better, HYXU or HYDB?

Both ETFs have the same 0.35% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HYXU or HYDB?

HYXU and HYDB have the same expense ratio: 0.35% per year.

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

HYDB has the higher dividend yield at 7.00%, compared with 0.00% for HYXU.

What is the main difference between HYXU and HYDB?

HYXU tracks BBG Pan-European High Yield (Euro) Total Return 100% USD Hedged Index, while HYDB tracks BlackRock High Yield Defensive Bond Index.