HYXU vs. JPHY

Last updated Jun 5, 2026

HYXU (iShares Euro High Yield Corporate Bond USD Hedged ETF) and JPHY (JPMorgan High Yield Research Enhanced ETF) are both High Yield Bonds funds. HYXU is passively managed, while JPHY is actively managed. HYXU charges 0.35%/yr vs 0.24%/yr for JPHY.

Performance

HYXU vs. JPHY - 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 JPMorgan High Yield Research Enhanced ETF (JPHY). 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*: —

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)

HYXU vs. JPHY - Yearly Performance Comparison

	2026 (YTD)
HYXU iShares Euro High Yield Corporate Bond USD Hedged ETF	0.00%
JPHY JPMorgan High Yield Research Enhanced ETF	-0.04%

HYXU vs. JPHY - Sectors Allocation Comparison

Sectors	HYXU	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%

Return for Risk

HYXU vs. JPHY - 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 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.

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

Sharpe Ratios by Period

	HYXU	JPHY	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	—	2.16	—

Drawdowns

HYXU vs. JPHY - Drawdown Comparison

The maximum HYXU drawdown since its inception was 0.00%, smaller than the maximum JPHY drawdown of -1.65%. Use the drawdown chart below to compare losses from any high point for HYXU and JPHY.

Drawdown Indicators

	HYXU	JPHY	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-1.65%	+1.65%
Current Drawdown Current decline from peak	0.00%	-0.10%	+0.10%
Average Drawdown Average peak-to-trough decline	0.00%	-0.21%	+0.21%

Volatility

Volatility by Period

	HYXU	JPHY	Difference
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	3.04%	-3.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	3.04%	-3.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	3.04%	-3.04%

HYXU vs. JPHY - Expense Ratio Comparison

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

Dividends

HYXU vs. JPHY - Dividend Comparison

HYXU has not paid dividends to shareholders, while JPHY's dividend yield for the trailing twelve months is around 5.92%.

Position	TTM	2025
HYXU iShares Euro High Yield Corporate Bond USD Hedged ETF	0.00%	0.00%
JPHY JPMorgan High Yield Research Enhanced ETF	5.92%	3.32%

Frequently Asked Questions

Which ETF is better, HYXU or JPHY?

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.

Which ETF is cheaper, HYXU or JPHY?

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

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

JPHY has the higher dividend yield at 5.92%, compared with 0.00% for HYXU.

What is the main difference between HYXU and JPHY?

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