IHYG.L vs. DXSA.DE
IHYG.L (iShares € High Yield Corp Bond UCITS ETF EUR (Dist)) and DXSA.DE (Xtrackers Euro Stoxx Quality Dividend UCITS ETF 1D) are both exchange-traded funds - IHYG.L is a European High Yield Bonds fund tracking the Markit iBoxx Euro Liquid High Yield Index, while DXSA.DE is a Europe Equities fund tracking the EURO STOXX® Quality Dividend 50. Both are passively managed. Over the past 10 years, IHYG.L returned 3.09%/yr vs 9.19%/yr for DXSA.DE. A 0.54 correlation means they provide meaningful diversification when combined. IHYG.L charges 0.50%/yr vs 0.30%/yr for DXSA.DE.
Performance
IHYG.L vs. DXSA.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IHYG.L achieves a 0.69% return, which is significantly lower than DXSA.DE's 9.28% return. Over the past 10 years, IHYG.L has underperformed DXSA.DE with an annualized return of 3.09%, while DXSA.DE has yielded a comparatively higher 9.19% annualized return.
IHYG.L
- 1D
- 0.07%
- 1M
- 0.48%
- YTD
- 0.69%
- 6M
- 1.34%
- 1Y
- 3.29%
- 3Y*
- 6.31%
- 5Y*
- 2.68%
- 10Y*
- 3.09%
DXSA.DE
- 1D
- 0.23%
- 1M
- 1.51%
- YTD
- 9.28%
- 6M
- 11.75%
- 1Y
- 19.18%
- 3Y*
- 19.44%
- 5Y*
- 12.02%
- 10Y*
- 9.19%
IHYG.L vs. DXSA.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IHYG.L iShares € High Yield Corp Bond UCITS ETF EUR (Dist) | 0.69% | 5.32% | 5.71% | 11.34% | -9.47% | 3.04% | 1.14% | 9.71% | -3.57% | 4.81% |
DXSA.DE Xtrackers Euro Stoxx Quality Dividend UCITS ETF 1D | 9.28% | 33.40% | 10.36% | 17.93% | -9.82% | 18.67% | -9.07% | 22.54% | -13.01% | 10.40% |
Correlation
The correlation between IHYG.L and DXSA.DE is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.52 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.54 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.61 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.61 |
Correlation (All Time) Calculated using the full available price history since Sep 7, 2010 | 0.54 |
The correlation between IHYG.L and DXSA.DE has been stable across timeframes, ranging from 0.52 to 0.61 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IHYG.L vs. DXSA.DE — Risk / Return Rank
IHYG.L
DXSA.DE
IHYG.L vs. DXSA.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares € High Yield Corp Bond UCITS ETF EUR (Dist) (IHYG.L) and Xtrackers Euro Stoxx Quality Dividend UCITS ETF 1D (DXSA.DE). 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.
| IHYG.L | DXSA.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.99 | ||
| Sortino ratioReturn per unit of downside risk | -1.09 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.34 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 1.14 | 2.59 | -1.45 |
| Martin ratioReturn relative to average drawdown | 4.71 | 8.70 | -3.99 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| IHYG.L | DXSA.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.88 | 1.87 | -0.99 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.49 | 0.85 | -0.35 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.45 | 0.59 | -0.13 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.63 | 0.16 | +0.47 |
Drawdowns
IHYG.L vs. DXSA.DE - Drawdown Comparison
The maximum IHYG.L drawdown since its inception was -25.61%, smaller than the maximum DXSA.DE drawdown of -71.31%. Use the drawdown chart below to compare losses from any high point for IHYG.L and DXSA.DE.
Loading charts...
Drawdown Indicators
| IHYG.L | DXSA.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.61% | -71.31% | +45.70% |
Max Drawdown (1Y)Largest decline over 1 year | -2.76% | -7.57% | +4.81% |
Max Drawdown (3Y)Largest decline over 3 years | -3.89% | -15.08% | +11.19% |
Max Drawdown (5Y)Largest decline over 5 years | -14.59% | -23.14% | +8.55% |
Max Drawdown (10Y)Largest decline over 10 years | -25.61% | -36.15% | +10.54% |
Current DrawdownCurrent decline from peak | -0.16% | -0.96% | +0.80% |
Average DrawdownAverage peak-to-trough decline | -2.05% | -23.06% | +21.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.67% | 2.26% | -1.59% |
Volatility
IHYG.L vs. DXSA.DE - Volatility Comparison
The current volatility for iShares € High Yield Corp Bond UCITS ETF EUR (Dist) (IHYG.L) is 1.01%, while Xtrackers Euro Stoxx Quality Dividend UCITS ETF 1D (DXSA.DE) has a volatility of 2.73%. This indicates that IHYG.L experiences smaller price fluctuations and is considered to be less risky than DXSA.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IHYG.L | DXSA.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.01% | 2.73% | -1.72% |
Volatility (6M)Calculated over the trailing 6-month period | 3.07% | 8.39% | -5.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.56% | 10.51% | -6.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.44% | 14.03% | -8.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.79% | 15.60% | -8.81% |
IHYG.L vs. DXSA.DE - Expense Ratio Comparison
IHYG.L has a 0.50% expense ratio, which is higher than DXSA.DE's 0.30% expense ratio.
Dividends
IHYG.L vs. DXSA.DE - Dividend Comparison
IHYG.L's dividend yield for the trailing twelve months is around 5.17%, more than DXSA.DE's 4.51% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DXSA.DE Xtrackers Euro Stoxx Quality Dividend UCITS ETF 1D | 4.51% | 4.96% | 5.39% | 4.32% | 4.62% | 5.73% | 5.96% | 2.34% | 4.64% | 3.00% | 2.93% | 0.14% |
IHYG.L iShares € High Yield Corp Bond UCITS ETF EUR (Dist) | 5.17% | 5.44% | 6.10% | 5.41% | 3.70% | 3.07% | 3.67% | 3.76% | 3.68% | 3.77% | 4.03% | 4.59% |
Frequently Asked Questions
IHYG.L and DXSA.DE have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DXSA.DE is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DXSA.DE is cheaper with a 0.30% expense ratio, compared with 0.50% for IHYG.L.
IHYG.L is categorized as European High Yield Bonds, while DXSA.DE is Europe Equities. IHYG.L tracks Markit iBoxx Euro Liquid High Yield Index, while DXSA.DE tracks EURO STOXX® Quality Dividend 50. They also come from different issuers: iShares and Xtrackers. Their fees differ too: 0.50% for IHYG.L and 0.30% for DXSA.DE.
Find the right allocation for IHYG.L and DXSA.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer