USD=X vs. SHYL
USD=X (USD Cash) is a currency, while SHYL (Xtrackers Short Duration High Yield Bond ETF) is High Yield Bonds fund tracking the Solactive USD High Yield Corporates Total Market 0-5 Year Index. Over the past 5 years, USD=X returned 0.00%/yr vs 4.82%/yr for SHYL.
Performance
USD=X vs. SHYL - Performance Comparison
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Returns By Period
USD=X
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.00%
- 6M
- 0.00%
- 1Y
- 0.00%
- 3Y*
- 0.00%
- 5Y*
- 0.00%
- 10Y*
- 0.00%
SHYL
- 1D
- -0.02%
- 1M
- -0.22%
- YTD
- 1.03%
- 6M
- 1.62%
- 1Y
- 5.92%
- 3Y*
- 8.15%
- 5Y*
- 4.82%
- 10Y*
- —
USD=X vs. SHYL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
USD=X USD Cash | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SHYL Xtrackers Short Duration High Yield Bond ETF | 1.03% | 7.78% | 8.52% | 11.39% | -5.21% | 4.60% | 3.64% | 10.16% | -0.67% |
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Return for Risk
USD=X vs. SHYL — Risk / Return Rank
USD=X
SHYL
USD=X vs. SHYL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for USD Cash (USD=X) and Xtrackers Short Duration High Yield Bond ETF (SHYL). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Sharpe Ratios by Period
| USD=X | SHYL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 1.86 | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.83 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | — | 0.72 | — |
Drawdowns
USD=X vs. SHYL - Drawdown Comparison
The maximum USD=X drawdown since its inception was 0.00%, smaller than the maximum SHYL drawdown of -19.26%. Use the drawdown chart below to compare losses from any high point for USD=X and SHYL.
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Drawdown Indicators
| USD=X | SHYL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | 0.00% | -19.26% | +19.26% |
Max Drawdown (1Y)Largest decline over 1 year | 0.00% | -1.59% | +1.59% |
Max Drawdown (3Y)Largest decline over 3 years | 0.00% | -4.73% | +4.73% |
Max Drawdown (5Y)Largest decline over 5 years | 0.00% | -9.60% | +9.60% |
Max Drawdown (10Y)Largest decline over 10 years | 0.00% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.35% | +0.35% |
Average DrawdownAverage peak-to-trough decline | 0.00% | -1.54% | +1.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.00% | 0.40% | -0.40% |
Volatility
USD=X vs. SHYL - Volatility Comparison
The current volatility for USD Cash (USD=X) is 0.00%, while Xtrackers Short Duration High Yield Bond ETF (SHYL) has a volatility of 0.82%. This indicates that USD=X experiences smaller price fluctuations and is considered to be less risky than SHYL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| USD=X | SHYL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.00% | 0.82% | -0.82% |
Volatility (6M)Calculated over the trailing 6-month period | 0.00% | 2.46% | -2.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.00% | 3.21% | -3.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.00% | 5.84% | -5.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.00% | 6.69% | -6.69% |
Frequently Asked Questions
SHYL has higher volatility (0.82%) compared to USD=X (0.00%). In terms of maximum drawdown, USD=X dropped 0.00% vs SHYL's -19.26%.
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