SYBK.DE vs. UEEF.DE
SYBK.DE (SPDR Bloomberg SASB U.S. High Yield Corporate ESG UCITS ETF USD Unhedged (Dist)) and UEEF.DE (iShares $ High Yield Corp Bond ESG SRI UCITS ETF EUR Hedged (Acc)) are both High Yield Bonds funds - SYBK.DE tracks the Bloomberg SASB US Corporate High Yield ESG Ex-Controversies Select while UEEF.DE tracks the Bloomberg MSCI US Corporate High Yield ESG SRI Bond Index (EUR Hedged). Both are passively managed. Over the past 5 years, SYBK.DE returned 4.80%/yr vs 1.44%/yr for UEEF.DE. At a 0.22 correlation, their price movements are largely independent. SYBK.DE charges 0.30%/yr vs 0.27%/yr for UEEF.DE.
Performance
SYBK.DE vs. UEEF.DE - Performance Comparison
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Returns By Period
In the year-to-date period, SYBK.DE achieves a 4.76% return, which is significantly higher than UEEF.DE's 0.70% return.
SYBK.DE
- 1D
- 0.11%
- 1M
- 1.50%
- 6M
- 3.28%
- YTD
- 4.76%
- 1Y
- 6.93%
- 3Y*
- 7.80%
- 5Y*
- 4.80%
- 10Y*
- 4.40%
UEEF.DE
- 1D
- 0.17%
- 1M
- 0.00%
- 6M
- 0.70%
- YTD
- 0.70%
- 1Y
- 3.95%
- 3Y*
- 6.16%
- 5Y*
- 1.44%
- 10Y*
- —
SYBK.DE vs. UEEF.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
SYBK.DE SPDR Bloomberg SASB U.S. High Yield Corporate ESG UCITS ETF USD Unhedged (Dist) | 4.76% | -4.19% | 15.85% | 8.68% | -5.33% | 13.85% | 2.09% |
UEEF.DE iShares $ High Yield Corp Bond ESG SRI UCITS ETF EUR Hedged (Acc) | 0.70% | 6.88% | 5.91% | 9.72% | -14.58% | 3.04% | 5.20% |
Correlation
The correlation between SYBK.DE and UEEF.DE is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.12 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Aug 18, 2020 | 0.22 |
The correlation between SYBK.DE and UEEF.DE shifts across timeframes, from 0.12 (1 year) to 0.23 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
SYBK.DE vs. UEEF.DE — Risk / Return Rank
SYBK.DE
UEEF.DE
SYBK.DE vs. UEEF.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg SASB U.S. High Yield Corporate ESG UCITS ETF USD Unhedged (Dist) (SYBK.DE) and iShares $ High Yield Corp Bond ESG SRI UCITS ETF EUR Hedged (Acc) (UEEF.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SYBK.DE | UEEF.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.29 | ||
| Sortino ratioReturn per unit of downside risk | +0.34 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.17 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.18 | 1.42 | +0.76 |
| Martin ratioReturn relative to average drawdown | 6.18 | 6.02 | +0.16 |
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Drawdowns
SYBK.DE vs. UEEF.DE - Drawdown Comparison
The maximum SYBK.DE drawdown since its inception was -26.54%, which is greater than UEEF.DE's maximum drawdown of -17.83%. Use the drawdown chart below to compare losses from any high point for SYBK.DE and UEEF.DE.
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Drawdown Indicators
| SYBK.DE | UEEF.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.54% | -17.83% | -8.71% |
Max Drawdown (1Y)Largest decline over 1 year | -3.17% | -2.77% | -0.40% |
Max Drawdown (3Y)Largest decline over 3 years | -12.85% | -5.10% | -7.75% |
Max Drawdown (5Y)Largest decline over 5 years | -12.85% | -17.83% | +4.98% |
Max Drawdown (10Y)Largest decline over 10 years | -19.70% | — | — |
Current DrawdownCurrent decline from peak | -2.56% | -0.17% | -2.39% |
Average DrawdownAverage peak-to-trough decline | -6.51% | -4.87% | -1.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.12% | 0.65% | +0.47% |
Volatility
SYBK.DE vs. UEEF.DE - Volatility Comparison
SPDR Bloomberg SASB U.S. High Yield Corporate ESG UCITS ETF USD Unhedged (Dist) (SYBK.DE) has a higher volatility of 1.46% compared to iShares $ High Yield Corp Bond ESG SRI UCITS ETF EUR Hedged (Acc) (UEEF.DE) at 0.99%. This indicates that SYBK.DE's price experiences larger fluctuations and is considered to be riskier than UEEF.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SYBK.DE | UEEF.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.46% | 0.99% | +0.47% |
Volatility (6M)Calculated over the trailing 6-month period | 4.05% | 3.83% | +0.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.01% | 4.55% | +1.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.70% | 7.11% | +0.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.17% | 6.77% | +1.40% |
SYBK.DE vs. UEEF.DE - Expense Ratio Comparison
SYBK.DE has a 0.30% expense ratio, which is higher than UEEF.DE's 0.27% expense ratio.
Dividends
SYBK.DE vs. UEEF.DE - Dividend Comparison
SYBK.DE's dividend yield for the trailing twelve months is around 7.04%, while UEEF.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SYBK.DE SPDR Bloomberg SASB U.S. High Yield Corporate ESG UCITS ETF USD Unhedged (Dist) | 7.04% | 7.68% | 6.90% | 6.70% | 5.79% | 5.11% | 6.01% | 5.54% | 5.04% | 6.51% | 5.30% | 5.35% |
UEEF.DE iShares $ High Yield Corp Bond ESG SRI UCITS ETF EUR Hedged (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
SYBK.DE and UEEF.DE have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, UEEF.DE is cheaper at 0.27% per year. The better choice depends on whether you care most about return, fees, risk, or income.
UEEF.DE is cheaper with a 0.27% expense ratio, compared with 0.30% for SYBK.DE.
SYBK.DE tracks Bloomberg SASB US Corporate High Yield ESG Ex-Controversies Select, while UEEF.DE tracks Bloomberg MSCI US Corporate High Yield ESG SRI Bond Index (EUR Hedged). They also come from different issuers: State Street and iShares. Their fees differ too: 0.30% for SYBK.DE and 0.27% for UEEF.DE.
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