SHYL vs. ESHY

Last updated Apr 2, 2026

Compare and contrast key facts about Xtrackers Short Duration High Yield Bond ETF (SHYL) and Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF (ESHY).

SHYL and ESHY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SHYL is a passively managed fund by Deutsche Bank that tracks the performance of the Solactive USD High Yield Corporates Total Market 0-5 Year Index. It was launched on Jan 10, 2018. ESHY is a passively managed fund by Deutsche Bank that tracks the performance of the JPMorgan ESG DM Corporate High Yield USD Index. It was launched on Mar 3, 2015. Both SHYL and ESHY 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

SHYL vs. ESHY - Performance Comparison

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

SHYL vs. ESHY - Yearly Performance Comparison

	2026 (YTD)
SHYL Xtrackers Short Duration High Yield Bond ETF	-0.36%
ESHY Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF	0.00%

Returns By Period

SHYL

• 1D: 0.23%
• 1M: -0.22%
• YTD: 0.01%
• 6M: 1.24%
• 1Y: 6.73%
• 3Y*: 8.03%
• 5Y*: 4.87%
• 10Y*: —

ESHY

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

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

SHYL vs. ESHY - Expense Ratio Comparison

Both SHYL and ESHY have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

SHYL

Xtrackers Short Duration High Yield Bond ETF

ESHY

Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF

Return for Risk

SHYL vs. ESHY — Risk / Return Rank

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

SHYL

SHYL Risk / Return Rank: 75
SHYL Sharpe Ratio Rank: 69
SHYL Sortino Ratio Rank: 72
SHYL Omega Ratio Rank: 82
SHYL Calmar Ratio Rank: 68
SHYL Martin Ratio Rank: 85

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.

SHYL vs. ESHY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers Short Duration High Yield Bond ETF (SHYL) 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.

	SHYL	ESHY	Difference
Sharpe ratio Return per unit of total volatility	1.27	—	—
Sortino ratio Return per unit of downside risk	1.88	—	—
Omega ratio Gain probability vs. loss probability	1.33	—	—
Calmar ratio Return relative to maximum drawdown	1.82	—	—
Martin ratio Return relative to average drawdown	10.59	—	—
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

	SHYL	ESHY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.27	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.84	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.71	—	—

Dividends

SHYL vs. ESHY - Dividend Comparison

SHYL's dividend yield for the trailing twelve months is around 7.03%, while ESHY has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018
SHYL Xtrackers Short Duration High Yield Bond ETF	7.03%	7.02%	7.26%	6.60%	5.52%	4.65%	6.16%	5.93%	5.54%
ESHY Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

SHYL vs. ESHY - Drawdown Comparison

The maximum SHYL drawdown since its inception was -19.26%, which is greater than ESHY's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for SHYL and ESHY.

Drawdown Indicators

	SHYL	ESHY	Difference
Max Drawdown Largest peak-to-trough decline	-19.26%	0.00%	-19.26%
Max Drawdown (1Y) Largest decline over 1 year	-3.80%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-9.60%	—	—
Current Drawdown Current decline from peak	-0.49%	0.00%	-0.49%
Average Drawdown Average peak-to-trough decline	-1.57%	0.00%	-1.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.66%	—	—

Volatility

Volatility by Period

	SHYL	ESHY	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.86%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.42%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	5.32%	0.00%	+5.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.81%	0.00%	+5.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.74%	0.00%	+6.74%