NJNK vs. ESHY

Last updated Jun 4, 2026

NJNK (Columbia U.S. High Yield ETF) and ESHY (Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF) are both High Yield Bonds funds. NJNK is actively managed, while ESHY is passively managed. NJNK charges 0.46%/yr vs 0.20%/yr for ESHY.

Performance

NJNK vs. ESHY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia U.S. High Yield ETF (NJNK) and Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF (ESHY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

NJNK

• 1D: -0.32%
• 1M: 0.28%
• YTD: 1.32%
• 6M: 1.46%
• 1Y: 6.93%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ESHY

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

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

NJNK vs. ESHY - Yearly Performance Comparison

	2026 (YTD)
NJNK Columbia U.S. High Yield ETF	0.93%
ESHY Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF	0.00%

Return for Risk

NJNK vs. ESHY — Risk / Return Rank

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

NJNK

NJNK Risk / Return Rank: 56
NJNK Sharpe Ratio Rank: 51
NJNK Sortino Ratio Rank: 56
NJNK Omega Ratio Rank: 54
NJNK Calmar Ratio Rank: 55
NJNK Martin Ratio Rank: 62

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.

NJNK vs. ESHY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia U.S. High Yield ETF (NJNK) and Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF (ESHY). 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.

	NJNK	ESHY	Difference
Sharpe ratio: Return per unit of total volatility	1.74	—	—
Sortino ratio: Return per unit of downside risk	2.64	—	—
Omega ratio: Gain probability vs. loss probability	1.33	—	—
Calmar ratio: Return relative to maximum drawdown	2.64	—	—
Martin ratio: Return relative to average drawdown	10.97	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	NJNK	ESHY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.74	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.31	—	—

Drawdowns

NJNK vs. ESHY - Drawdown Comparison

The maximum NJNK drawdown since its inception was -4.48%, which is greater than ESHY's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for NJNK and ESHY.

Drawdown Indicators

	NJNK	ESHY	Difference
Max Drawdown Largest peak-to-trough decline	-4.48%	0.00%	-4.48%
Max Drawdown (1Y) Largest decline over 1 year	-2.63%	—	—
Current Drawdown Current decline from peak	-0.32%	0.00%	-0.32%
Average Drawdown Average peak-to-trough decline	-0.50%	0.00%	-0.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.63%	—	—

Volatility

Volatility by Period

	NJNK	ESHY	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.42%	—	—
Volatility (6M) Calculated over the trailing 6-month period	3.10%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	4.00%	0.00%	+4.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.80%	0.00%	+4.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.80%	0.00%	+4.80%

NJNK vs. ESHY - Expense Ratio Comparison

NJNK has a 0.46% expense ratio, which is higher than ESHY's 0.20% expense ratio.

Dividends

NJNK vs. ESHY - Dividend Comparison

NJNK's dividend yield for the trailing twelve months is around 6.44%, while ESHY has not paid dividends to shareholders.

Position	TTM	2025	2024
ESHY Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF	0.00%	0.00%	0.00%
NJNK Columbia U.S. High Yield ETF	6.44%	6.34%	2.05%

Frequently Asked Questions

Which ETF is better, NJNK or ESHY?

On fees, ESHY is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NJNK or ESHY?

ESHY is cheaper with a 0.20% expense ratio, compared with 0.46% for NJNK.

Which ETF pays a higher dividend yield, NJNK or ESHY?

NJNK has the higher dividend yield at 6.44%, compared with 0.00% for ESHY.

What is the main difference between NJNK and ESHY?

They also come from different issuers: Columbia and Deutsche Bank. Their fees differ too: 0.46% for NJNK and 0.20% for ESHY.