MHY vs. HYXU

Last updated Jun 6, 2026

MHY (Man Active High Yield ETF) and HYXU (iShares Euro High Yield Corporate Bond USD Hedged ETF) are both High Yield Bonds funds. MHY is actively managed, while HYXU is passively managed. MHY charges 0.69%/yr vs 0.35%/yr for HYXU.

Performance

MHY vs. HYXU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Man Active High Yield ETF (MHY) 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

MHY

• 1D: 0.01%
• 1M: 0.39%
• YTD: 2.83%
• 6M: 3.41%
• 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)

MHY vs. HYXU - Yearly Performance Comparison

	2026 (YTD)
MHY Man Active High Yield ETF	0.02%
HYXU iShares Euro High Yield Corporate Bond USD Hedged ETF	0.00%

Return for Risk

MHY vs. HYXU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Man Active High Yield ETF (MHY) 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

	MHY	HYXU	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	2.23	—	—

Drawdowns

MHY vs. HYXU - Drawdown Comparison

The maximum MHY drawdown since its inception was -1.58%, which is greater than HYXU's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for MHY and HYXU.

Drawdown Indicators

	MHY	HYXU	Difference
Max Drawdown Largest peak-to-trough decline	-1.58%	0.00%	-1.58%
Current Drawdown Current decline from peak	-0.23%	0.00%	-0.23%
Average Drawdown Average peak-to-trough decline	-0.31%	0.00%	-0.31%

Volatility

Volatility by Period

	MHY	HYXU	Difference
Volatility (1Y) Calculated over the trailing 1-year period	2.96%	0.00%	+2.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.96%	0.00%	+2.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.96%	0.00%	+2.96%

MHY vs. HYXU - Expense Ratio Comparison

MHY has a 0.69% expense ratio, which is higher than HYXU's 0.35% expense ratio.

Dividends

MHY vs. HYXU - Dividend Comparison

MHY's dividend yield for the trailing twelve months is around 3.60%, 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%
MHY Man Active High Yield ETF	3.60%	3.42%

Frequently Asked Questions

Which ETF is better, MHY or HYXU?

On fees, HYXU is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MHY or HYXU?

HYXU is cheaper with a 0.35% expense ratio, compared with 0.69% for MHY.

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

MHY has the higher dividend yield at 3.60%, compared with 0.00% for HYXU.

What is the main difference between MHY and HYXU?

They also come from different issuers: Man Group and iShares. Their fees differ too: 0.69% for MHY and 0.35% for HYXU.