TDIV.AS vs. XUHY.DE
TDIV.AS (VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF) and XUHY.DE (Xtrackers USD High Yield Corporate Bond UCITS ETF 1D) are both exchange-traded funds - TDIV.AS is a Global Equity Income fund tracking the Morningstar Developed Markets Large Cap Dividend Leaders Screened Select Index, while XUHY.DE is a High Yield Bonds fund tracking the Bloomberg US Corporate High Yield TR USD. Both are passively managed. Over the past 5 years, TDIV.AS returned 17.83%/yr vs 4.67%/yr for XUHY.DE. At a 0.36 correlation, their price movements are largely independent. TDIV.AS charges 0.38%/yr vs 0.20%/yr for XUHY.DE.
Performance
TDIV.AS vs. XUHY.DE - Performance Comparison
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Returns By Period
In the year-to-date period, TDIV.AS achieves a 11.72% return, which is significantly higher than XUHY.DE's 3.07% return.
TDIV.AS
- 1D
- 0.36%
- 1M
- 2.53%
- YTD
- 11.72%
- 6M
- 13.92%
- 1Y
- 27.83%
- 3Y*
- 20.14%
- 5Y*
- 17.83%
- 10Y*
- 12.48%
XUHY.DE
- 1D
- -0.36%
- 1M
- 1.42%
- YTD
- 3.07%
- 6M
- 3.53%
- 1Y
- 7.41%
- 3Y*
- 6.12%
- 5Y*
- 4.67%
- 10Y*
- —
TDIV.AS vs. XUHY.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
TDIV.AS VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF | 11.72% | 24.39% | 15.90% | 11.75% | 15.40% | 27.83% | -10.16% | 20.97% | -5.13% |
XUHY.DE Xtrackers USD High Yield Corporate Bond UCITS ETF 1D | 3.07% | -2.75% | 12.70% | 9.43% | -6.44% | 12.44% | -3.26% | 18.71% | -14.02% |
Correlation
The correlation between TDIV.AS and XUHY.DE is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Feb 6, 2018 | 0.36 |
Over the past year, the correlation between TDIV.AS and XUHY.DE has dropped to 0.09 - well below their long-term average of 0.36, suggesting their price drivers have been diverging.
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Return for Risk
TDIV.AS vs. XUHY.DE — Risk / Return Rank
TDIV.AS
XUHY.DE
TDIV.AS vs. XUHY.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (TDIV.AS) and Xtrackers USD High Yield Corporate Bond UCITS ETF 1D (XUHY.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.
| TDIV.AS | XUHY.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.81 | ||
| Sortino ratioReturn per unit of downside risk | +2.52 | ||
| Omega ratioGain probability vs. loss probability | 1.55 | 1.22 | +0.33 |
| Calmar ratioReturn relative to maximum drawdown | 7.82 | 2.39 | +5.42 |
| Martin ratioReturn relative to average drawdown | 22.20 | 7.23 | +14.97 |
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Drawdowns
TDIV.AS vs. XUHY.DE - Drawdown Comparison
The maximum TDIV.AS drawdown since its inception was -36.10%, which is greater than XUHY.DE's maximum drawdown of -22.06%. Use the drawdown chart below to compare losses from any high point for TDIV.AS and XUHY.DE.
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Drawdown Indicators
| TDIV.AS | XUHY.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.10% | -22.06% | -14.04% |
Max Drawdown (1Y)Largest decline over 1 year | -3.51% | -3.08% | -0.43% |
Max Drawdown (3Y)Largest decline over 3 years | -15.88% | -12.04% | -3.84% |
Max Drawdown (5Y)Largest decline over 5 years | -15.88% | -12.04% | -3.84% |
Max Drawdown (10Y)Largest decline over 10 years | -36.10% | — | — |
Current DrawdownCurrent decline from peak | -0.36% | -2.95% | +2.59% |
Average DrawdownAverage peak-to-trough decline | -3.97% | -5.42% | +1.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.22% | 1.02% | +0.20% |
Volatility
TDIV.AS vs. XUHY.DE - Volatility Comparison
VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (TDIV.AS) has a higher volatility of 2.29% compared to Xtrackers USD High Yield Corporate Bond UCITS ETF 1D (XUHY.DE) at 1.11%. This indicates that TDIV.AS's price experiences larger fluctuations and is considered to be riskier than XUHY.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TDIV.AS | XUHY.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.29% | 1.11% | +1.18% |
Volatility (6M)Calculated over the trailing 6-month period | 6.74% | 4.26% | +2.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.12% | 6.16% | +2.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.12% | 8.49% | +4.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.70% | 12.75% | +1.95% |
TDIV.AS vs. XUHY.DE - Expense Ratio Comparison
TDIV.AS has a 0.38% expense ratio, which is higher than XUHY.DE's 0.20% expense ratio.
Dividends
TDIV.AS vs. XUHY.DE - Dividend Comparison
TDIV.AS's dividend yield for the trailing twelve months is around 3.14%, less than XUHY.DE's 6.60% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
TDIV.AS VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF | 3.14% | 3.58% | 4.19% | 4.98% | 4.58% | 3.98% | 4.12% | 4.40% | 4.93% | 3.95% | 1.11% |
XUHY.DE Xtrackers USD High Yield Corporate Bond UCITS ETF 1D | 6.60% | 6.60% | 7.39% | 6.02% | 6.13% | 9.09% | 5.94% | 4.80% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
TDIV.AS and XUHY.DE have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XUHY.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XUHY.DE is cheaper with a 0.20% expense ratio, compared with 0.38% for TDIV.AS.
TDIV.AS is categorized as Global Equity Income, while XUHY.DE is High Yield Bonds. TDIV.AS tracks Morningstar Developed Markets Large Cap Dividend Leaders Screened Select Index, while XUHY.DE tracks Bloomberg US Corporate High Yield TR USD. They also come from different issuers: VanEck and Xtrackers. Their fees differ too: 0.38% for TDIV.AS and 0.20% for XUHY.DE.
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