WING.L vs. XUHY.L
WING.L (iShares Fallen Angels High Yield Corp Bond UCITS ETF USD (Dist)) and XUHY.L (Xtrackers USD High Yield Corporate Bond UCITS ETF 1D) are both High Yield Bonds funds - WING.L tracks the iShares Fallen Angels High Yield Corp Bond UCITS ETF USD (Dist) while XUHY.L tracks the Bloomberg US Corporate High Yield TR USD. Both are passively managed. Over the past 5 years, WING.L returned 2.41%/yr vs 3.85%/yr for XUHY.L. A 0.66 correlation means they provide meaningful diversification when combined. WING.L charges 0.50%/yr vs 0.20%/yr for XUHY.L.
Performance
WING.L vs. XUHY.L - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, WING.L achieves a 0.95% return, which is significantly lower than XUHY.L's 2.18% return.
WING.L
- 1D
- 0.37%
- 1M
- 0.04%
- 6M
- 0.95%
- YTD
- 0.95%
- 1Y
- 5.80%
- 3Y*
- 7.44%
- 5Y*
- 2.41%
- 10Y*
- 5.62%
XUHY.L
- 1D
- 0.39%
- 1M
- -0.15%
- 6M
- 1.95%
- YTD
- 2.18%
- 1Y
- 6.91%
- 3Y*
- 8.42%
- 5Y*
- 3.85%
- 10Y*
- —
WING.L vs. XUHY.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
WING.L iShares Fallen Angels High Yield Corp Bond UCITS ETF USD (Dist) | 0.95% | 12.63% | 2.89% | 12.92% | -14.36% | 2.26% | 17.97% | 15.54% | -6.47% |
XUHY.L Xtrackers USD High Yield Corporate Bond UCITS ETF 1D | 2.18% | 9.17% | 7.06% | 13.56% | -11.99% | 3.54% | 5.97% | 15.66% | -1.06% |
Correlation
The correlation between WING.L and XUHY.L is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.59 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.69 |
Correlation (All Time) Calculated using the full available price history since Feb 6, 2018 | 0.66 |
Over the past year, the correlation between WING.L and XUHY.L has dropped to 0.44 - well below their long-term average of 0.66, suggesting their price drivers have been diverging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
WING.L vs. XUHY.L — Risk / Return Rank
WING.L
XUHY.L
WING.L vs. XUHY.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Fallen Angels High Yield Corp Bond UCITS ETF USD (Dist) (WING.L) and Xtrackers USD High Yield Corporate Bond UCITS ETF 1D (XUHY.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.
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.
| WING.L | XUHY.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.38 | ||
| Sortino ratioReturn per unit of downside risk | -0.54 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.28 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.28 | 2.71 | -1.43 |
| Martin ratioReturn relative to average drawdown | 5.06 | 11.64 | -6.58 |
Loading charts...
Drawdowns
WING.L vs. XUHY.L - Drawdown Comparison
The maximum WING.L drawdown since its inception was -25.18%, which is greater than XUHY.L's maximum drawdown of -22.80%. Use the drawdown chart below to compare losses from any high point for WING.L and XUHY.L.
Loading charts...
Drawdown Indicators
| WING.L | XUHY.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.18% | -22.80% | -2.38% |
Max Drawdown (1Y)Largest decline over 1 year | -4.36% | -2.54% | -1.82% |
Max Drawdown (3Y)Largest decline over 3 years | -5.02% | -4.74% | -0.28% |
Max Drawdown (5Y)Largest decline over 5 years | -21.62% | -16.57% | -5.05% |
Max Drawdown (10Y)Largest decline over 10 years | -25.18% | — | — |
Current DrawdownCurrent decline from peak | -0.50% | -0.15% | -0.35% |
Average DrawdownAverage peak-to-trough decline | -3.97% | -2.89% | -1.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.11% | 0.59% | +0.52% |
Volatility
WING.L vs. XUHY.L - Volatility Comparison
iShares Fallen Angels High Yield Corp Bond UCITS ETF USD (Dist) (WING.L) has a higher volatility of 1.58% compared to Xtrackers USD High Yield Corporate Bond UCITS ETF 1D (XUHY.L) at 0.86%. This indicates that WING.L's price experiences larger fluctuations and is considered to be riskier than XUHY.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| WING.L | XUHY.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.58% | 0.86% | +0.72% |
Volatility (6M)Calculated over the trailing 6-month period | 3.86% | 3.60% | +0.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.85% | 4.50% | +0.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.47% | 7.59% | -0.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.09% | 8.59% | +0.50% |
WING.L vs. XUHY.L - Expense Ratio Comparison
WING.L has a 0.50% expense ratio, which is higher than XUHY.L's 0.20% expense ratio.
Dividends
WING.L vs. XUHY.L - Dividend Comparison
WING.L's dividend yield for the trailing twelve months is around 5.71%, less than XUHY.L's 6.60% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
WING.L iShares Fallen Angels High Yield Corp Bond UCITS ETF USD (Dist) | 5.71% | 5.67% | 5.86% | 5.20% | 4.43% | 3.92% | 4.25% | 4.56% | 4.98% | 4.44% | 2.11% |
XUHY.L Xtrackers USD High Yield Corporate Bond UCITS ETF 1D | 6.60% | 6.29% | 7.63% | 5.89% | 6.12% | 9.56% | 5.49% | 4.83% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
WING.L and XUHY.L have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XUHY.L is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XUHY.L is cheaper with a 0.20% expense ratio, compared with 0.50% for WING.L.
WING.L tracks iShares Fallen Angels High Yield Corp Bond UCITS ETF USD (Dist), while XUHY.L tracks Bloomberg US Corporate High Yield TR USD. They also come from different issuers: iShares and Xtrackers. Their fees differ too: 0.50% for WING.L and 0.20% for XUHY.L.
Find the right allocation for WING.L and XUHY.L
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer