HYXU vs. IGHG

Last updated Jun 3, 2026

HYXU (iShares Euro High Yield Corporate Bond USD Hedged ETF) and IGHG (ProShares Investment Grade-Interest Rate Hedged) 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 IGHG is a Corporate Bonds fund tracking the Citi Corporate Investment Grade (Treasury Rate-Hedged) Index. Both are passively managed. HYXU charges 0.35%/yr vs 0.30%/yr for IGHG.

Performance

HYXU vs. IGHG - 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 ProShares Investment Grade-Interest Rate Hedged (IGHG). 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*: —

IGHG

• 1D: -0.06%
• 1M: 0.78%
• YTD: 2.12%
• 6M: 2.43%
• 1Y: 5.89%
• 3Y*: 8.55%
• 5Y*: 5.22%
• 10Y*: 4.72%

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

HYXU vs. IGHG - Yearly Performance Comparison

	2026 (YTD)
HYXU iShares Euro High Yield Corporate Bond USD Hedged ETF	0.00%
IGHG ProShares Investment Grade-Interest Rate Hedged	0.01%

Return for Risk

HYXU vs. IGHG — Risk / Return Rank

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

IGHG

IGHG Risk / Return Rank: 59
IGHG Sharpe Ratio Rank: 49
IGHG Sortino Ratio Rank: 53
IGHG Omega Ratio Rank: 51
IGHG Calmar Ratio Rank: 71
IGHG Martin Ratio Rank: 68

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. IGHG - 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 ProShares Investment Grade-Interest Rate Hedged (IGHG). 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	IGHG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.72	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.04	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.63	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.53	—

Drawdowns

HYXU vs. IGHG - Drawdown Comparison

The maximum HYXU drawdown since its inception was 0.00%, smaller than the maximum IGHG drawdown of -25.16%. Use the drawdown chart below to compare losses from any high point for HYXU and IGHG.

Drawdown Indicators

	HYXU	IGHG	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-25.16%	+25.16%
Max Drawdown (1Y) Largest decline over 1 year	—	-1.75%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-3.74%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-8.75%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-25.16%	—
Current Drawdown Current decline from peak	0.00%	-0.16%	+0.16%
Average Drawdown Average peak-to-trough decline	0.00%	-2.30%	+2.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.50%	—

Volatility

Volatility by Period

	HYXU	IGHG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.62%	—
Volatility (6M) Calculated over the trailing 6-month period	—	2.53%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	3.47%	-3.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	5.02%	-5.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	7.46%	-7.46%

HYXU vs. IGHG - Expense Ratio Comparison

HYXU has a 0.35% expense ratio, which is higher than IGHG's 0.30% expense ratio.

Dividends

HYXU vs. IGHG - Dividend Comparison

HYXU has not paid dividends to shareholders, while IGHG's dividend yield for the trailing twelve months is around 5.12%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
IGHG ProShares Investment Grade-Interest Rate Hedged	5.12%	5.14%	5.06%	4.99%	3.55%	2.50%	2.79%	3.48%	4.13%	3.36%	3.37%	3.65%

Frequently Asked Questions

Which ETF is better, HYXU or IGHG?

On fees, IGHG is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HYXU or IGHG?

IGHG is cheaper with a 0.30% expense ratio, compared with 0.35% for HYXU.

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

IGHG has the higher dividend yield at 5.12%, compared with 0.00% for HYXU.

What is the main difference between HYXU and IGHG?

HYXU is categorized as High Yield Bonds, while IGHG is Corporate Bonds. HYXU tracks BBG Pan-European High Yield (Euro) Total Return 100% USD Hedged Index, while IGHG tracks Citi Corporate Investment Grade (Treasury Rate-Hedged) Index. They also come from different issuers: iShares and ProShares. Their fees differ too: 0.35% for HYXU and 0.30% for IGHG.