VSHY vs. ESHY

Last updated Jun 23, 2026

VSHY (Virtus Newfleet Short Duration High Yield Bond ETF) and ESHY (Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF) are both High Yield Bonds funds. VSHY is actively managed, while ESHY is passively managed. VSHY charges 0.40%/yr vs 0.20%/yr for ESHY.

Performance

VSHY vs. ESHY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Virtus Newfleet Short Duration High Yield Bond ETF (VSHY) and Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF (ESHY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

VSHY

• 1D: -0.39%
• 1M: 0.62%
• YTD: 2.30%
• 6M: 2.46%
• 1Y: 6.50%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ESHY

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

VSHY vs. ESHY - Yearly Performance Comparison

	2026 (YTD)
VSHY Virtus Newfleet Short Duration High Yield Bond ETF	1.84%
ESHY Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF	0.00%

Return for Risk

VSHY vs. ESHY — Risk / Return Rank

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

VSHY

VSHY Risk / Return Rank: 67
VSHY Sharpe Ratio Rank: 58
VSHY Sortino Ratio Rank: 63
VSHY Omega Ratio Rank: 62
VSHY Calmar Ratio Rank: 76
VSHY Martin Ratio Rank: 76

ESHY

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.

VSHY vs. ESHY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Virtus Newfleet Short Duration High Yield Bond ETF (VSHY) and Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF (ESHY). 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.

	VSHY	ESHY	Difference
Sharpe ratio: Return per unit of total volatility	1.89	—	—
Sortino ratio: Return per unit of downside risk	2.85	—	—
Omega ratio: Gain probability vs. loss probability	1.36	—	—
Calmar ratio: Return relative to maximum drawdown	3.76	—	—
Martin ratio: Return relative to average drawdown	14.01	—	—

Drawdowns

VSHY vs. ESHY - Drawdown Comparison

The maximum VSHY drawdown since its inception was -4.55%, which is greater than ESHY's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for VSHY and ESHY.

Drawdown Indicators

	VSHY	ESHY	Difference
Max Drawdown Largest peak-to-trough decline	-4.55%	0.00%	-4.55%
Max Drawdown (1Y) Largest decline over 1 year	-1.73%	—	—
Current Drawdown Current decline from peak	-0.39%	0.00%	-0.39%
Average Drawdown Average peak-to-trough decline	-0.41%	0.00%	-0.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.46%	—	—

Volatility

Volatility by Period

	VSHY	ESHY	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.06%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.75%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.46%	0.00%	+3.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.39%	0.00%	+4.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.39%	0.00%	+4.39%

VSHY vs. ESHY - Expense Ratio Comparison

VSHY has a 0.40% expense ratio, which is higher than ESHY's 0.20% expense ratio.

Dividends

VSHY vs. ESHY - Dividend Comparison

VSHY's dividend yield for the trailing twelve months is around 6.36%, while ESHY has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
ESHY Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF	0.00%	0.00%	0.00%	0.00%
VSHY Virtus Newfleet Short Duration High Yield Bond ETF	6.36%	6.14%	6.81%	1.36%

Frequently Asked Questions

Which ETF is better, VSHY or ESHY?

On fees, ESHY is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, VSHY or ESHY?

ESHY is cheaper with a 0.20% expense ratio, compared with 0.40% for VSHY.

Which ETF pays a higher dividend yield, VSHY or ESHY?

VSHY has the higher dividend yield at 6.36%, compared with 0.00% for ESHY.

What is the main difference between VSHY and ESHY?

They also come from different issuers: Virtus and Deutsche Bank. Their fees differ too: 0.40% for VSHY and 0.20% for ESHY.