UPGR vs. HYRM

Last updated Jun 26, 2026

UPGR (Xtrackers US Green Infrastructure Select Equity ETF) and HYRM (Xtrackers Risk Managed USD High Yield Strategy ETF) are both exchange-traded funds - UPGR is a Energy Equities fund tracking the Solactive United States Green Infrastructure ESG Screened Index - Benchmark TR Gross, while HYRM is a High Yield Bonds fund tracking the Adaptive Wealth Strategies Risk Managed High Yield Index - USD - US Dollar - Benchmark TR Net. Both are passively managed. A 0.51 correlation means they provide meaningful diversification when combined. UPGR charges 0.35%/yr vs 0.30%/yr for HYRM.

Performance

UPGR vs. HYRM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers US Green Infrastructure Select Equity ETF (UPGR) and Xtrackers Risk Managed USD High Yield Strategy ETF (HYRM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

UPGR

• 1D: -0.38%
• 1M: -7.23%
• YTD: 11.08%
• 6M: 6.61%
• 1Y: 50.72%
• 3Y*: —
• 5Y*: —
• 10Y*: —

HYRM

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

UPGR vs. HYRM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
UPGR Xtrackers US Green Infrastructure Select Equity ETF	11.08%	35.25%	-14.72%	-15.29%
HYRM Xtrackers Risk Managed USD High Yield Strategy ETF	1.50%	5.98%	7.81%	6.16%

Correlation

The correlation between UPGR and HYRM is 0.49, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.49
Correlation (All Time) Calculated using the full available price history since Jul 13, 2023	0.51

The correlation between UPGR and HYRM has been stable across timeframes, ranging from 0.49 to 0.51 - a consistent structural relationship.

Return for Risk

UPGR vs. HYRM — Risk / Return Rank

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

UPGR

UPGR Risk / Return Rank: 53
UPGR Sharpe Ratio Rank: 53
UPGR Sortino Ratio Rank: 50
UPGR Omega Ratio Rank: 46
UPGR Calmar Ratio Rank: 70
UPGR Martin Ratio Rank: 48

HYRM

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

UPGR vs. HYRM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers US Green Infrastructure Select Equity ETF (UPGR) and Xtrackers Risk Managed USD High Yield Strategy ETF (HYRM). 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.

	UPGR	HYRM	Difference
Sharpe ratio: Return per unit of total volatility	1.61	—	—
Sortino ratio: Return per unit of downside risk	2.19	—	—
Omega ratio: Gain probability vs. loss probability	1.26	—	—
Calmar ratio: Return relative to maximum drawdown	3.08	—	—
Martin ratio: Return relative to average drawdown	7.10	—	—

Drawdowns

Drawdown Indicators

	UPGR	HYRM	Difference
Max Drawdown Largest peak-to-trough decline	-46.60%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-16.55%	—	—
Current Drawdown Current decline from peak	-11.32%	—	—
Average Drawdown Average peak-to-trough decline	-20.28%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	7.16%	—	—

Volatility

Volatility by Period

	UPGR	HYRM	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.92%	—	—
Volatility (6M) Calculated over the trailing 6-month period	22.08%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	31.62%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.81%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.81%	—	—

UPGR vs. HYRM - Expense Ratio Comparison

UPGR has a 0.35% expense ratio, which is higher than HYRM's 0.30% expense ratio.

Dividends

UPGR vs. HYRM - Dividend Comparison

UPGR's dividend yield for the trailing twelve months is around 0.29%, less than HYRM's 5.92% yield.

Position	TTM	2025	2024	2023	2022
HYRM Xtrackers Risk Managed USD High Yield Strategy ETF	5.92%	6.28%	6.08%	5.78%	4.69%
UPGR Xtrackers US Green Infrastructure Select Equity ETF	0.29%	0.39%	1.16%	0.32%	0.00%

Frequently Asked Questions

Can I hold both UPGR and HYRM in my portfolio?

UPGR and HYRM have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, UPGR or HYRM?

On fees, HYRM is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, UPGR or HYRM?

HYRM is cheaper with a 0.30% expense ratio, compared with 0.35% for UPGR.

Which ETF pays a higher dividend yield, UPGR or HYRM?

HYRM has the higher dividend yield at 5.92%, compared with 0.29% for UPGR.

What is the main difference between UPGR and HYRM?

UPGR is categorized as Energy Equities, while HYRM is High Yield Bonds. UPGR tracks Solactive United States Green Infrastructure ESG Screened Index - Benchmark TR Gross, while HYRM tracks Adaptive Wealth Strategies Risk Managed High Yield Index - USD - US Dollar - Benchmark TR Net. Their fees differ too: 0.35% for UPGR and 0.30% for HYRM.