JPHY vs. HYXU

Last updated Jun 5, 2026

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

Performance

JPHY vs. HYXU - Performance Comparison

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

Returns By Period

JPHY

• 1D: -0.01%
• 1M: 0.35%
• YTD: 2.06%
• 6M: 2.42%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

HYXU

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

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

JPHY vs. HYXU - Yearly Performance Comparison

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

JPHY vs. HYXU - Sectors Allocation Comparison

Sectors	JPHY	HYXU
Communication Services	15.8%	100.0%
Industrials	10.8%	-
Consumer Cyclical	8.9%	-
Energy	7.0%	-
Healthcare	5.1%	-
Technology	4.8%	-
Basic Materials	3.6%	-
Real Estate	3.0%	-
Utilities	2.8%	-
Consumer Defensive	2.4%	-
Financial Services	1.8%	-

Return for Risk

JPHY vs. HYXU - Risk-Adjusted Trends Comparison

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

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

Drawdowns

JPHY vs. HYXU - Drawdown Comparison

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

Drawdown Indicators

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

Volatility

Volatility by Period

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

JPHY vs. HYXU - Expense Ratio Comparison

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

Dividends

JPHY vs. HYXU - Dividend Comparison

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

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, JPHY or HYXU?

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, JPHY or HYXU?

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

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

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

What is the main difference between JPHY and HYXU?

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