USCA vs. HYRM

Last updated Jun 26, 2026

USCA (Xtrackers MSCI USA Climate Action Equity ETF) and HYRM (Xtrackers Risk Managed USD High Yield Strategy ETF) are both exchange-traded funds - USCA is a Large Cap Blend Equities fund tracking the MSCI USA Climate Action 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 0.61 correlation means they provide meaningful diversification when combined. USCA charges 0.07%/yr vs 0.30%/yr for HYRM.

Performance

USCA vs. HYRM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers MSCI USA Climate Action Equity ETF (USCA) and Xtrackers Risk Managed USD High Yield Strategy ETF (HYRM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

USCA

• 1D: -0.55%
• 1M: -3.04%
• YTD: 2.75%
• 6M: 1.49%
• 1Y: 13.37%
• 3Y*: 18.63%
• 5Y*: —
• 10Y*: —

HYRM

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

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

USCA vs. HYRM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
USCA Xtrackers MSCI USA Climate Action Equity ETF	2.75%	14.24%	27.24%	19.92%
HYRM Xtrackers Risk Managed USD High Yield Strategy ETF	1.50%	5.98%	7.81%	7.58%

Correlation

The correlation between USCA and HYRM is 0.64, 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	0.64
Correlation (3Y) Calculated over the trailing 3-year period	0.60
Correlation (All Time) Calculated using the full available price history since Apr 4, 2023	0.61

The correlation between USCA and HYRM has been stable across timeframes, ranging from 0.60 to 0.64 - a consistent structural relationship.

Return for Risk

USCA vs. HYRM — Risk / Return Rank

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

USCA

USCA Risk / Return Rank: 31
USCA Sharpe Ratio Rank: 32
USCA Sortino Ratio Rank: 30
USCA Omega Ratio Rank: 30
USCA Calmar Ratio Rank: 29
USCA Martin Ratio Rank: 35

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.

USCA vs. HYRM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers MSCI USA Climate Action Equity ETF (USCA) 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.

	USCA	HYRM	Difference
Sharpe ratio: Return per unit of total volatility	1.07	—	—
Sortino ratio: Return per unit of downside risk	1.52	—	—
Omega ratio: Gain probability vs. loss probability	1.19	—	—
Calmar ratio: Return relative to maximum drawdown	1.31	—	—
Martin ratio: Return relative to average drawdown	4.96	—	—

Drawdowns

Drawdown Indicators

	USCA	HYRM	Difference
Max Drawdown Largest peak-to-trough decline	-19.14%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-10.25%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-19.14%	—	—
Current Drawdown Current decline from peak	-4.80%	—	—
Average Drawdown Average peak-to-trough decline	-2.18%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	2.70%	—	—

Volatility

Volatility by Period

	USCA	HYRM	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.74%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.84%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.58%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.83%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.83%	—	—

USCA vs. HYRM - Expense Ratio Comparison

USCA has a 0.07% expense ratio, which is lower than HYRM's 0.30% expense ratio.

Dividends

USCA vs. HYRM - Dividend Comparison

USCA's dividend yield for the trailing twelve months is around 1.16%, 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%
USCA Xtrackers MSCI USA Climate Action Equity ETF	1.16%	1.14%	1.22%	1.15%	0.00%

Frequently Asked Questions

Can I hold both USCA and HYRM in my portfolio?

USCA and HYRM have a correlation of 0.64, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, USCA or HYRM?

On fees, USCA is cheaper at 0.07% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, USCA or HYRM?

USCA is cheaper with a 0.07% expense ratio, compared with 0.30% for HYRM.

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

HYRM has the higher dividend yield at 5.92%, compared with 1.16% for USCA.

What is the main difference between USCA and HYRM?

USCA is categorized as Large Cap Blend Equities, while HYRM is High Yield Bonds. USCA tracks MSCI USA Climate Action 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: 0.07% for USCA and 0.30% for HYRM.