MIDE vs. HYDW

Last updated Apr 1, 2026

Compare and contrast key facts about Xtrackers S&P MidCap 400 ESG ETF (MIDE) and Xtrackers Low Beta High Yield Bond ETF (HYDW).

MIDE and HYDW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MIDE is a passively managed fund by Deutsche Bank that tracks the performance of the S&P MidCap 400 ESG Index. It was launched on Feb 24, 2021. HYDW is a passively managed fund by Deutsche Bank that tracks the performance of the Solactive USD High Yield Corporates Total Market Low Beta Index. It was launched on Jan 11, 2018. Both MIDE and HYDW are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

MIDE vs. HYDW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers S&P MidCap 400 ESG ETF (MIDE) and Xtrackers Low Beta High Yield Bond ETF (HYDW). The values are adjusted to include any dividend payments, if applicable.

MIDE vs. HYDW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
MIDE Xtrackers S&P MidCap 400 ESG ETF	1.75%	9.81%	11.21%	15.20%	-11.63%	11.77%
HYDW Xtrackers Low Beta High Yield Bond ETF	-0.35%	8.47%	5.42%	9.84%	-7.86%	2.59%

Returns By Period

In the year-to-date period, MIDE achieves a 1.75% return, which is significantly higher than HYDW's -0.35% return.

MIDE

• 1D: 2.47%
• 1M: -5.36%
• YTD: 1.75%
• 6M: 5.05%
• 1Y: 18.57%
• 3Y*: 11.64%
• 5Y*: 6.52%
• 10Y*: —

HYDW

• 1D: 0.82%
• 1M: -0.97%
• YTD: -0.35%
• 6M: 1.34%
• 1Y: 6.19%
• 3Y*: 6.30%
• 5Y*: 3.45%
• 10Y*: —

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

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%.

HYDW

Xtrackers Low Beta High Yield Bond ETF

MIDE

Xtrackers S&P MidCap 400 ESG ETF

Return for Risk

MIDE vs. HYDW — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MIDE

MIDE Risk / Return Rank: 51
MIDE Sharpe Ratio Rank: 48
MIDE Sortino Ratio Rank: 51
MIDE Omega Ratio Rank: 49
MIDE Calmar Ratio Rank: 50
MIDE Martin Ratio Rank: 55

HYDW

HYDW Risk / Return Rank: 84
HYDW Sharpe Ratio Rank: 78
HYDW Sortino Ratio Rank: 83
HYDW Omega Ratio Rank: 85
HYDW Calmar Ratio Rank: 82
HYDW Martin Ratio Rank: 89

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

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 ratio Return per unit of total volatility	0.88	1.44	-0.56
Sortino ratio Return per unit of downside risk	1.36	2.18	-0.82
Omega ratio Gain probability vs. loss probability	1.19	1.33	-0.15
Calmar ratio Return relative to maximum drawdown	1.30	2.31	-1.01
Martin ratio Return relative to average drawdown	5.42	11.30	-5.88
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MIDE vs. HYDW - Sharpe Ratio Comparison

The current MIDE Sharpe Ratio is 0.88, which is lower than the HYDW Sharpe Ratio of 1.44. The chart below compares the historical Sharpe Ratios of MIDE and HYDW, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	MIDE	HYDW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.88	1.44	-0.56
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.33	0.54	-0.21
Sharpe Ratio (All Time) Calculated using the full available price history	0.36	0.57	-0.21

Correlation

The correlation between MIDE and HYDW is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

MIDE vs. HYDW - Dividend Comparison

MIDE's dividend yield for the trailing twelve months is around 1.48%, less than HYDW's 5.61% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
MIDE Xtrackers S&P MidCap 400 ESG ETF	1.48%	1.52%	1.45%	1.36%	1.33%	0.93%	0.00%	0.00%	0.00%
HYDW Xtrackers Low Beta High Yield Bond ETF	5.61%	5.75%	5.35%	5.69%	4.78%	3.30%	4.45%	4.56%	4.42%

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.

Drawdown Indicators

	MIDE	HYDW	Difference
Max Drawdown Largest peak-to-trough decline	-24.59%	-17.75%	-6.84%
Max Drawdown (1Y) Largest decline over 1 year	-14.54%	-2.72%	-11.82%
Max Drawdown (5Y) Largest decline over 5 years	-24.59%	-12.68%	-11.91%
Current Drawdown Current decline from peak	-6.73%	-1.12%	-5.61%
Average Drawdown Average peak-to-trough decline	-6.67%	-1.92%	-4.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.48%	0.56%	+2.92%

Volatility

MIDE vs. HYDW - Volatility Comparison

Xtrackers S&P MidCap 400 ESG ETF (MIDE) has a higher volatility of 6.31% compared to Xtrackers Low Beta High Yield Bond ETF (HYDW) at 1.72%. 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.

Volatility by Period

	MIDE	HYDW	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.31%	1.72%	+4.59%
Volatility (6M) Calculated over the trailing 6-month period	11.89%	2.28%	+9.61%
Volatility (1Y) Calculated over the trailing 1-year period	21.22%	4.31%	+16.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.69%	6.40%	+13.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.80%	7.06%	+12.74%