SNPD vs. BHYB
SNPD (Xtrackers S&P ESG Dividend Aristocrats ETF) and BHYB (Xtrackers USD High Yield BB-B ex Financials ETF) are both exchange-traded funds - SNPD is a Mid Cap Value Equities fund tracking the S&P ESG High Yield Dividend Aristocrats Index, while BHYB is a High Yield Bonds fund tracking the ICE BofA BB-B Non-FNCL Non-Distressed US HY Constrained Index - Benchmark TR Gross. Both are passively managed. Over the past year, SNPD returned 13.67% vs 7.34% for BHYB. A 0.55 correlation means they provide meaningful diversification when combined. SNPD charges 0.15%/yr vs 0.20%/yr for BHYB.
Performance
SNPD vs. BHYB - Performance Comparison
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Returns By Period
In the year-to-date period, SNPD achieves a 8.10% return, which is significantly higher than BHYB's 1.69% return.
SNPD
- 1D
- -0.11%
- 1M
- 1.63%
- YTD
- 8.10%
- 6M
- 8.48%
- 1Y
- 13.67%
- 3Y*
- 8.75%
- 5Y*
- —
- 10Y*
- —
BHYB
- 1D
- -0.18%
- 1M
- 0.48%
- YTD
- 1.69%
- 6M
- 1.99%
- 1Y
- 7.34%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SNPD vs. BHYB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF | 8.10% | 6.66% | 5.41% | 14.58% |
BHYB Xtrackers USD High Yield BB-B ex Financials ETF | 1.69% | 8.90% | 6.44% | 8.23% |
Correlation
The correlation between SNPD and BHYB is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.46 |
Correlation (All Time) Calculated using the full available price history since Oct 30, 2023 | 0.55 |
The correlation between SNPD and BHYB has been stable across timeframes, ranging from 0.46 to 0.55 - a consistent structural relationship.
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Return for Risk
SNPD vs. BHYB — Risk / Return Rank
SNPD
BHYB
SNPD vs. BHYB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers S&P ESG Dividend Aristocrats ETF (SNPD) and Xtrackers USD High Yield BB-B ex Financials ETF (BHYB). 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.
| SNPD | BHYB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.93 | ||
| Sortino ratioReturn per unit of downside risk | -1.53 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.44 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | 1.58 | 3.24 | -1.66 |
| Martin ratioReturn relative to average drawdown | 4.72 | 14.88 | -10.16 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SNPD | BHYB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.24 | 2.17 | -0.93 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.57 | 2.10 | -1.53 |
Drawdowns
SNPD vs. BHYB - Drawdown Comparison
The maximum SNPD drawdown since its inception was -15.80%, which is greater than BHYB's maximum drawdown of -4.23%. Use the drawdown chart below to compare losses from any high point for SNPD and BHYB.
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Drawdown Indicators
| SNPD | BHYB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.80% | -4.23% | -11.57% |
Max Drawdown (1Y)Largest decline over 1 year | -8.68% | -2.27% | -6.41% |
Max Drawdown (3Y)Largest decline over 3 years | -15.80% | — | — |
Current DrawdownCurrent decline from peak | -3.20% | -0.21% | -2.99% |
Average DrawdownAverage peak-to-trough decline | -3.94% | -0.40% | -3.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.90% | 0.49% | +2.41% |
Volatility
SNPD vs. BHYB - Volatility Comparison
Xtrackers S&P ESG Dividend Aristocrats ETF (SNPD) has a higher volatility of 2.75% compared to Xtrackers USD High Yield BB-B ex Financials ETF (BHYB) at 1.02%. This indicates that SNPD's price experiences larger fluctuations and is considered to be riskier than BHYB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SNPD | BHYB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.75% | 1.02% | +1.73% |
Volatility (6M)Calculated over the trailing 6-month period | 8.04% | 2.52% | +5.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.05% | 3.40% | +7.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.14% | 4.71% | +8.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.14% | 4.71% | +8.43% |
SNPD vs. BHYB - Expense Ratio Comparison
SNPD has a 0.15% expense ratio, which is lower than BHYB'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
SNPD vs. BHYB - Dividend Comparison
SNPD's dividend yield for the trailing twelve months is around 3.01%, less than BHYB's 6.33% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
BHYB Xtrackers USD High Yield BB-B ex Financials ETF | 6.33% | 6.57% | 7.04% | 0.75% | 0.00% |
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF | 3.01% | 3.10% | 2.78% | 2.63% | 0.57% |
Frequently Asked Questions
SNPD and BHYB have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SNPD has higher volatility (2.75%) compared to BHYB (1.02%). In terms of maximum drawdown, SNPD dropped -15.80% vs BHYB's -4.23%.
On 1-year performance, SNPD leads with 13.67% vs 7.34% for BHYB. On fees, SNPD is cheaper at 0.15% per year. On volatility, BHYB has been the lower-risk option at 1.02%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, SNPD has performed better with a 13.67% return vs 7.34%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SNPD is cheaper with a 0.15% expense ratio, compared with 0.20% for BHYB.
BHYB has the higher dividend yield at 6.33%, compared with 3.01% for SNPD.
SNPD is categorized as Mid Cap Value Equities, while BHYB is High Yield Bonds. SNPD tracks S&P ESG High Yield Dividend Aristocrats Index, while BHYB tracks ICE BofA BB-B Non-FNCL Non-Distressed US HY Constrained Index - Benchmark TR Gross. Their fees differ too: 0.15% for SNPD and 0.20% for BHYB.
BHYB currently has the higher Sharpe Ratio (2.17 vs 1.24), 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.
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