NHYB vs. HYXU

Last updated Jun 7, 2026

NHYB (Nuveen High Yield Corporate Bond ETF) and HYXU (iShares Euro High Yield Corporate Bond USD Hedged ETF) are both High Yield Bonds funds - NHYB tracks the ICE BofA BB-B US Cash Pay High Yield Constrained Index while HYXU tracks the BBG Pan-European High Yield (Euro) Total Return 100% USD Hedged Index. Both are passively managed. NHYB charges 0.08%/yr vs 0.35%/yr for HYXU.

Performance

NHYB vs. HYXU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nuveen High Yield Corporate Bond ETF (NHYB) 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

NHYB

• 1D: -0.28%
• 1M: 0.15%
• YTD: 1.46%
• 6M: 1.79%
• 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)

NHYB vs. HYXU - Yearly Performance Comparison

	2026 (YTD)
NHYB Nuveen High Yield Corporate Bond ETF	-0.26%
HYXU iShares Euro High Yield Corporate Bond USD Hedged ETF	0.00%

Return for Risk

NHYB vs. HYXU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nuveen High Yield Corporate Bond ETF (NHYB) 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

	NHYB	HYXU	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.10	—	—

Drawdowns

NHYB vs. HYXU - Drawdown Comparison

The maximum NHYB drawdown since its inception was -2.40%, which is greater than HYXU's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for NHYB and HYXU.

Drawdown Indicators

	NHYB	HYXU	Difference
Max Drawdown Largest peak-to-trough decline	-2.40%	0.00%	-2.40%
Current Drawdown Current decline from peak	-0.44%	0.00%	-0.44%
Average Drawdown Average peak-to-trough decline	-0.37%	0.00%	-0.37%

Volatility

Volatility by Period

	NHYB	HYXU	Difference
Volatility (1Y) Calculated over the trailing 1-year period	3.67%	0.00%	+3.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.67%	0.00%	+3.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.67%	0.00%	+3.67%

NHYB vs. HYXU - Expense Ratio Comparison

NHYB has a 0.08% expense ratio, which is lower than HYXU's 0.35% expense ratio.

Dividends

NHYB vs. HYXU - Dividend Comparison

NHYB's dividend yield for the trailing twelve months is around 4.26%, 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%
NHYB Nuveen High Yield Corporate Bond ETF	4.26%	1.28%

Frequently Asked Questions

Which ETF is better, NHYB or HYXU?

On fees, NHYB is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NHYB or HYXU?

NHYB is cheaper with a 0.08% expense ratio, compared with 0.35% for HYXU.

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

NHYB has the higher dividend yield at 4.26%, compared with 0.00% for HYXU.

What is the main difference between NHYB and HYXU?

NHYB tracks ICE BofA BB-B US Cash Pay High Yield Constrained Index, while HYXU tracks BBG Pan-European High Yield (Euro) Total Return 100% USD Hedged Index. They also come from different issuers: Nuveen and iShares. Their fees differ too: 0.08% for NHYB and 0.35% for HYXU.