SXRH.DE vs. AYE2.DE

Last updated Apr 2, 2026

Compare and contrast key facts about iShares USD TIPS 0-5 UCITS ETF USD (Dist) (SXRH.DE) and iShares EUR High Yield Corporate Bond ESG UCITS ETF EUR Acc (AYE2.DE).

SXRH.DE and AYE2.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SXRH.DE is a passively managed fund by iShares that tracks the performance of the ICE US Treasury Inflation-Linked Bond 0-5 Years. It was launched on Apr 20, 2017. AYE2.DE is a passively managed fund by iShares that tracks the performance of the Bloomberg MSCI Euro Corporate High Yield Sustainable BB+ SRI Bond. It was launched on Nov 12, 2019. Both SXRH.DE and AYE2.DE 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

SXRH.DE vs. AYE2.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in iShares USD TIPS 0-5 UCITS ETF USD (Dist) (SXRH.DE) and iShares EUR High Yield Corporate Bond ESG UCITS ETF EUR Acc (AYE2.DE). The values are adjusted to include any dividend payments, if applicable.

SXRH.DE vs. AYE2.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
SXRH.DE iShares USD TIPS 0-5 UCITS ETF USD (Dist)	2.50%	-5.76%	14.60%	4.61%	3.48%	8.56%
AYE2.DE iShares EUR High Yield Corporate Bond ESG UCITS ETF EUR Acc	-1.12%	5.88%	6.36%	10.77%	-10.72%	0.80%

Returns By Period

In the year-to-date period, SXRH.DE achieves a 2.50% return, which is significantly higher than AYE2.DE's -1.12% return.

SXRH.DE

• 1D: -0.70%
• 1M: 1.00%
• YTD: 2.50%
• 6M: 2.38%
• 1Y: -3.29%
• 3Y*: 4.87%
• 5Y*: 5.40%
• 10Y*: —

AYE2.DE

• 1D: 0.94%
• 1M: -1.40%
• YTD: -1.12%
• 6M: -0.05%
• 1Y: 4.04%
• 3Y*: 6.52%
• 5Y*: —
• 10Y*: —

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

SXRH.DE vs. AYE2.DE - Expense Ratio Comparison

SXRH.DE has a 0.10% expense ratio, which is lower than AYE2.DE's 0.25% 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%.

AYE2.DE

iShares EUR High Yield Corporate Bond ESG UCITS ETF EUR Acc

SXRH.DE

iShares USD TIPS 0-5 UCITS ETF USD (Dist)

Return for Risk

SXRH.DE vs. AYE2.DE — Risk / Return Rank

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

SXRH.DE

SXRH.DE Risk / Return Rank: 5
SXRH.DE Sharpe Ratio Rank: 5
SXRH.DE Sortino Ratio Rank: 4
SXRH.DE Omega Ratio Rank: 4
SXRH.DE Calmar Ratio Rank: 6
SXRH.DE Martin Ratio Rank: 7

AYE2.DE

AYE2.DE Risk / Return Rank: 55
AYE2.DE Sharpe Ratio Rank: 57
AYE2.DE Sortino Ratio Rank: 56
AYE2.DE Omega Ratio Rank: 55
AYE2.DE Calmar Ratio Rank: 48
AYE2.DE Martin Ratio Rank: 59

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.

SXRH.DE vs. AYE2.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares USD TIPS 0-5 UCITS ETF USD (Dist) (SXRH.DE) and iShares EUR High Yield Corporate Bond ESG UCITS ETF EUR Acc (AYE2.DE). 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.

	SXRH.DE	AYE2.DE	Difference
Sharpe ratio Return per unit of total volatility	-0.40	1.06	-1.46
Sortino ratio Return per unit of downside risk	-0.50	1.52	-2.03
Omega ratio Gain probability vs. loss probability	0.94	1.22	-0.28
Calmar ratio Return relative to maximum drawdown	-0.39	1.36	-1.75
Martin ratio Return relative to average drawdown	-0.61	6.18	-6.79
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SXRH.DE vs. AYE2.DE - Sharpe Ratio Comparison

The current SXRH.DE Sharpe Ratio is -0.40, which is lower than the AYE2.DE Sharpe Ratio of 1.06. The chart below compares the historical Sharpe Ratios of SXRH.DE and AYE2.DE, 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

	SXRH.DE	AYE2.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.40	1.06	-1.46
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.66	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.52	0.40	+0.12

Correlation

The correlation between SXRH.DE and AYE2.DE is -0.22. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

SXRH.DE vs. AYE2.DE - Dividend Comparison

SXRH.DE's dividend yield for the trailing twelve months is around 5.99%, while AYE2.DE has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
SXRH.DE iShares USD TIPS 0-5 UCITS ETF USD (Dist)	5.99%	6.14%	9.84%	8.76%	0.72%	0.78%	4.65%	6.24%	2.28%	0.77%
AYE2.DE iShares EUR High Yield Corporate Bond ESG UCITS ETF EUR Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

SXRH.DE vs. AYE2.DE - Drawdown Comparison

The maximum SXRH.DE drawdown since its inception was -13.17%, smaller than the maximum AYE2.DE drawdown of -16.48%. Use the drawdown chart below to compare losses from any high point for SXRH.DE and AYE2.DE.

Drawdown Indicators

	SXRH.DE	AYE2.DE	Difference
Max Drawdown Largest peak-to-trough decline	-13.17%	-16.48%	+3.31%
Max Drawdown (1Y) Largest decline over 1 year	-7.14%	-3.10%	-4.04%
Max Drawdown (5Y) Largest decline over 5 years	-12.14%	—	—
Current Drawdown Current decline from peak	-5.80%	-1.88%	-3.92%
Average Drawdown Average peak-to-trough decline	-4.33%	-4.07%	-0.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.49%	0.68%	+3.81%

Volatility

SXRH.DE vs. AYE2.DE - Volatility Comparison

The current volatility for iShares USD TIPS 0-5 UCITS ETF USD (Dist) (SXRH.DE) is 2.02%, while iShares EUR High Yield Corporate Bond ESG UCITS ETF EUR Acc (AYE2.DE) has a volatility of 2.14%. This indicates that SXRH.DE experiences smaller price fluctuations and is considered to be less risky than AYE2.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SXRH.DE	AYE2.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.02%	2.14%	-0.12%
Volatility (6M) Calculated over the trailing 6-month period	4.06%	2.63%	+1.43%
Volatility (1Y) Calculated over the trailing 1-year period	8.25%	3.80%	+4.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.10%	5.28%	+2.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.45%	5.28%	+2.17%