MIDE vs. HYDW
MIDE (Xtrackers S&P MidCap 400 ESG ETF) and HYDW (Xtrackers Low Beta High Yield Bond ETF) are both exchange-traded funds - MIDE is a Mid Cap Blend Equities fund tracking the S&P MidCap 400 ESG Index, while HYDW is a High Yield Bonds fund tracking the Solactive USD High Yield Corporates Total Market Low Beta Index. Both are passively managed. Over the past 5 years, MIDE returned 8.31%/yr vs 3.55%/yr for HYDW. A 0.63 correlation means they provide meaningful diversification when combined. MIDE charges 0.15%/yr vs 0.20%/yr for HYDW.
Performance
MIDE vs. HYDW - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, MIDE achieves a 14.45% return, which is significantly higher than HYDW's 0.89% return.
MIDE
- 1D
- -0.04%
- 1M
- 5.36%
- YTD
- 14.45%
- 6M
- 14.97%
- 1Y
- 28.35%
- 3Y*
- 16.42%
- 5Y*
- 8.31%
- 10Y*
- —
HYDW
- 1D
- -0.18%
- 1M
- 0.24%
- YTD
- 0.89%
- 6M
- 1.17%
- 1Y
- 5.56%
- 3Y*
- 6.83%
- 5Y*
- 3.55%
- 10Y*
- —
MIDE vs. HYDW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
MIDE Xtrackers S&P MidCap 400 ESG ETF | 14.45% | 9.81% | 11.21% | 15.20% | -11.63% | 11.77% |
HYDW Xtrackers Low Beta High Yield Bond ETF | 0.89% | 8.47% | 5.42% | 9.84% | -7.86% | 2.59% |
Correlation
The correlation between MIDE and HYDW is 0.56, 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 | 0.56 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.60 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.64 |
Correlation (All Time) Calculated using the full available price history since Feb 25, 2021 | 0.63 |
The correlation between MIDE and HYDW has been stable across timeframes, ranging from 0.56 to 0.64 - 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
MIDE vs. HYDW — Risk / Return Rank
MIDE
HYDW
MIDE vs. HYDW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers S&P MidCap 400 ESG ETF (MIDE) and Xtrackers Low Beta High Yield Bond ETF (HYDW). 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.
| MIDE | HYDW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.09 | ||
| Sortino ratioReturn per unit of downside risk | -0.31 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.37 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 3.04 | 2.67 | +0.37 |
| Martin ratioReturn relative to average drawdown | 10.84 | 12.74 | -1.89 |
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
| MIDE | HYDW | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.80 | 1.90 | -0.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.42 | 0.56 | -0.13 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.47 | 0.58 | -0.11 |
Drawdowns
MIDE vs. HYDW - Drawdown Comparison
The maximum MIDE drawdown since its inception was -24.59%, which is greater than HYDW's maximum drawdown of -17.75%. Use the drawdown chart below to compare losses from any high point for MIDE and HYDW.
Loading charts...
Drawdown Indicators
| MIDE | HYDW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.59% | -17.75% | -6.84% |
Max Drawdown (1Y)Largest decline over 1 year | -9.36% | -2.09% | -7.27% |
Max Drawdown (3Y)Largest decline over 3 years | -24.59% | -3.64% | -20.95% |
Max Drawdown (5Y)Largest decline over 5 years | -24.59% | -12.68% | -11.91% |
Current DrawdownCurrent decline from peak | -0.04% | -0.26% | +0.22% |
Average DrawdownAverage peak-to-trough decline | -6.50% | -1.89% | -4.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.62% | 0.44% | +2.18% |
Volatility
MIDE vs. HYDW - Volatility Comparison
Xtrackers S&P MidCap 400 ESG ETF (MIDE) has a higher volatility of 4.59% compared to Xtrackers Low Beta High Yield Bond ETF (HYDW) at 0.74%. This indicates that MIDE's price experiences larger fluctuations and is considered to be riskier than HYDW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| MIDE | HYDW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.59% | 0.74% | +3.85% |
Volatility (6M)Calculated over the trailing 6-month period | 11.41% | 2.27% | +9.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.86% | 2.95% | +12.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.71% | 6.40% | +13.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.67% | 6.99% | +12.68% |
MIDE vs. HYDW - Expense Ratio Comparison
MIDE has a 0.15% expense ratio, which is lower than HYDW's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
MIDE vs. HYDW - Dividend Comparison
MIDE's dividend yield for the trailing twelve months is around 1.31%, less than HYDW's 5.75% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
HYDW Xtrackers Low Beta High Yield Bond ETF | 5.75% | 5.75% | 5.35% | 5.69% | 4.78% | 3.30% | 4.45% | 4.56% | 4.42% |
MIDE Xtrackers S&P MidCap 400 ESG ETF | 1.31% | 1.52% | 1.45% | 1.36% | 1.33% | 0.93% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
MIDE and HYDW have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MIDE has higher volatility (4.59%) compared to HYDW (0.74%). In terms of maximum drawdown, MIDE dropped -24.59% vs HYDW's -17.75%.
On 5-year performance, MIDE leads with 8.31% vs 3.55% for HYDW. On fees, MIDE is cheaper at 0.15% per year. On volatility, HYDW has been the lower-risk option at 0.74%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, MIDE has performed better with a 8.31% return vs 3.55%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
MIDE is cheaper with a 0.15% expense ratio, compared with 0.20% for HYDW.
HYDW has the higher dividend yield at 5.75%, compared with 1.31% for MIDE.
MIDE is categorized as Mid Cap Blend Equities, while HYDW is High Yield Bonds. MIDE tracks S&P MidCap 400 ESG Index, while HYDW tracks Solactive USD High Yield Corporates Total Market Low Beta Index. Their fees differ too: 0.15% for MIDE and 0.20% for HYDW.
HYDW currently has the higher Sharpe Ratio (1.90 vs 1.80), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for MIDE and HYDW
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