UHYG.L vs. STYC.L

Last updated Jun 5, 2026

UHYG.L (Lyxor ESG USD High Yield (DR) UCITS ETF - Dist) and STYC.L (PIMCO US Short-Term High Yield Corporate Bond Index UCITS ETF Acc) are both High Yield Bonds funds tracking the Bloomberg US Corporate High Yield TR USD, from Amundi and PIMCO respectively. Both are passively managed. Over the past 5 years, UHYG.L returned 3.52%/yr vs 6.34%/yr for STYC.L. A 0.76 correlation means they provide meaningful diversification when combined. UHYG.L charges 0.25%/yr vs 0.55%/yr for STYC.L.

Performance

UHYG.L vs. STYC.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in Lyxor ESG USD High Yield (DR) UCITS ETF - Dist (UHYG.L) and PIMCO US Short-Term High Yield Corporate Bond Index UCITS ETF Acc (STYC.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

UHYG.L is traded in GBP, while STYC.L is traded in USD. To make them comparable, the STYC.L values have been converted to GBP using the latest available exchange rates.

Returns By Period

In the year-to-date period, UHYG.L achieves a 1.45% return, which is significantly lower than STYC.L's 1.82% return.

UHYG.L

• 1D: 0.14%
• 1M: 1.47%
• YTD: 1.45%
• 6M: -4.64%
• 1Y: 2.00%
• 3Y*: 3.77%
• 5Y*: 3.52%
• 10Y*: —

STYC.L

• 1D: -0.02%
• 1M: 1.34%
• YTD: 1.82%
• 6M: 1.28%
• 1Y: 8.26%
• 3Y*: 6.01%
• 5Y*: 6.34%
• 10Y*: 6.28%

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

UHYG.L vs. STYC.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
UHYG.L Lyxor ESG USD High Yield (DR) UCITS ETF - Dist	1.45%	-4.28%	9.74%	5.64%	-1.68%	4.50%	2.15%	9.58%	3.46%	-2.77%
STYC.L PIMCO US Short-Term High Yield Corporate Bond Index UCITS ETF Acc	1.79%	1.35%	9.97%	6.08%	6.48%	5.36%	0.79%	5.84%	5.28%	-3.67%

Correlation

The correlation between UHYG.L and STYC.L is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.68
Correlation (3Y) Calculated over the trailing 3-year period	0.74
Correlation (5Y) Calculated over the trailing 5-year period	0.74
Correlation (All Time) Calculated using the full available price history since Nov 2, 2016	0.76

The correlation between UHYG.L and STYC.L has been stable across timeframes, ranging from 0.68 to 0.76 - a consistent structural relationship.

Return for Risk

UHYG.L vs. STYC.L — Risk / Return Rank

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

UHYG.L

UHYG.L Risk / Return Rank: 11
UHYG.L Sharpe Ratio Rank: 12
UHYG.L Sortino Ratio Rank: 11
UHYG.L Omega Ratio Rank: 12
UHYG.L Calmar Ratio Rank: 11
UHYG.L Martin Ratio Rank: 11

STYC.L

STYC.L Risk / Return Rank: 75
STYC.L Sharpe Ratio Rank: 65
STYC.L Sortino Ratio Rank: 73
STYC.L Omega Ratio Rank: 72
STYC.L Calmar Ratio Rank: 82
STYC.L Martin Ratio Rank: 84

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.

UHYG.L vs. STYC.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lyxor ESG USD High Yield (DR) UCITS ETF - Dist (UHYG.L) and PIMCO US Short-Term High Yield Corporate Bond Index UCITS ETF Acc (STYC.L). 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.

	UHYG.L	STYC.L	Difference
Sharpe ratio: Return per unit of total volatility	0.22	1.25	-1.04
Sortino ratio: Return per unit of downside risk	0.30	1.78	-1.48
Omega ratio: Gain probability vs. loss probability	1.05	1.22	-0.17
Calmar ratio: Return relative to maximum drawdown	0.19	2.06	-1.87
Martin ratio: Return relative to average drawdown	0.36	6.39	-6.03
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UHYG.L vs. STYC.L - Sharpe Ratio Comparison

The current UHYG.L Sharpe Ratio is 0.22, which is lower than the STYC.L Sharpe Ratio of 1.25. The chart below compares the historical Sharpe Ratios of UHYG.L and STYC.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	UHYG.L	STYC.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.22	1.25	-1.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.41	0.76	-0.36
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.64	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.30	0.65	-0.35

Drawdowns

UHYG.L vs. STYC.L - Drawdown Comparison

The maximum UHYG.L drawdown since its inception was -15.35%, roughly equal to the maximum STYC.L drawdown of -15.73%. Use the drawdown chart below to compare losses from any high point for UHYG.L and STYC.L.

Drawdown Indicators

	UHYG.L	STYC.L	Difference
Max Drawdown Largest peak-to-trough decline	-15.35%	-15.73%	+0.38%
Max Drawdown (1Y) Largest decline over 1 year	-8.88%	-3.99%	-4.89%
Max Drawdown (3Y) Largest decline over 3 years	-9.53%	-9.53%	0.00%
Max Drawdown (5Y) Largest decline over 5 years	-10.48%	-11.00%	+0.52%
Max Drawdown (10Y) Largest decline over 10 years	—	-15.73%	—
Current Drawdown Current decline from peak	-6.21%	-0.86%	-5.35%
Average Drawdown Average peak-to-trough decline	-4.22%	-4.03%	-0.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.79%	1.29%	+3.50%

Volatility

UHYG.L vs. STYC.L - Volatility Comparison

The current volatility for Lyxor ESG USD High Yield (DR) UCITS ETF - Dist (UHYG.L) is 1.41%, while PIMCO US Short-Term High Yield Corporate Bond Index UCITS ETF Acc (STYC.L) has a volatility of 2.13%. This indicates that UHYG.L experiences smaller price fluctuations and is considered to be less risky than STYC.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UHYG.L	STYC.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.41%	2.13%	-0.72%
Volatility (6M) Calculated over the trailing 6-month period	7.01%	5.12%	+1.89%
Volatility (1Y) Calculated over the trailing 1-year period	7.94%	6.55%	+1.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.70%	8.33%	+0.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.50%	9.86%	-0.36%

UHYG.L vs. STYC.L - Expense Ratio Comparison

UHYG.L has a 0.25% expense ratio, which is lower than STYC.L's 0.55% expense ratio.

Dividends

UHYG.L vs. STYC.L - Dividend Comparison

Neither UHYG.L nor STYC.L has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
STYC.L PIMCO US Short-Term High Yield Corporate Bond Index UCITS ETF Acc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
UHYG.L Lyxor ESG USD High Yield (DR) UCITS ETF - Dist	0.00%	0.00%	3.44%	6.00%	5.93%	6.98%	6.98%	6.59%	5.42%	4.11%

Frequently Asked Questions

Can I hold both UHYG.L and STYC.L in my portfolio?

UHYG.L and STYC.L have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, UHYG.L or STYC.L?

On fees, UHYG.L is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, UHYG.L or STYC.L?

UHYG.L is cheaper with a 0.25% expense ratio, compared with 0.55% for STYC.L.

What is the main difference between UHYG.L and STYC.L?

Both ETFs track Bloomberg US Corporate High Yield TR USD. They also come from different issuers: Amundi and PIMCO. Their fees differ too: 0.25% for UHYG.L and 0.55% for STYC.L.