XBB vs. ESHY

Last updated Apr 2, 2026

Compare and contrast key facts about BondBloxx BB Rated USD High Yield Corporate Bond ETF (XBB) and Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF (ESHY).

XBB and ESHY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XBB is a passively managed fund by BondBloxx that tracks the performance of the ICE BofA BB US Cash Pay High Yield Constrained Index. It was launched on May 24, 2022. ESHY is a passively managed fund by Deutsche Bank that tracks the performance of the JPMorgan ESG DM Corporate High Yield USD Index. It was launched on Mar 3, 2015. Both XBB and ESHY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

XBB vs. ESHY - Performance Comparison

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

XBB vs. ESHY - Yearly Performance Comparison

	2026 (YTD)
XBB BondBloxx BB Rated USD High Yield Corporate Bond ETF	-0.66%
ESHY Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF	0.00%

Returns By Period

XBB

• 1D: 0.28%
• 1M: -0.91%
• YTD: 0.02%
• 6M: 1.10%
• 1Y: 6.68%
• 3Y*: 7.13%
• 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)

XBB vs. ESHY - Expense Ratio Comparison

Both XBB and ESHY have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

XBB

BondBloxx BB Rated USD High Yield Corporate Bond ETF

ESHY

Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF

Return for Risk

XBB vs. ESHY — Risk / Return Rank

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

XBB

XBB Risk / Return Rank: 71
XBB Sharpe Ratio Rank: 72
XBB Sortino Ratio Rank: 73
XBB Omega Ratio Rank: 71
XBB Calmar Ratio Rank: 68
XBB Martin Ratio Rank: 71

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.

XBB vs. ESHY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BondBloxx BB Rated USD High Yield Corporate Bond ETF (XBB) 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.

	XBB	ESHY	Difference
Sharpe ratio Return per unit of total volatility	1.33	—	—
Sortino ratio Return per unit of downside risk	1.93	—	—
Omega ratio Gain probability vs. loss probability	1.28	—	—
Calmar ratio Return relative to maximum drawdown	1.84	—	—
Martin ratio Return relative to average drawdown	7.81	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	XBB	ESHY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.33	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.77	—	—

Dividends

XBB vs. ESHY - Dividend Comparison

XBB's dividend yield for the trailing twelve months is around 5.66%, while ESHY has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022
XBB BondBloxx BB Rated USD High Yield Corporate Bond ETF	5.66%	5.42%	6.35%	6.15%	3.73%
ESHY Xtrackers J.P. Morgan ESG USD High Yield Corporate Bond ETF	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

XBB vs. ESHY - Drawdown Comparison

The maximum XBB drawdown since its inception was -8.87%, which is greater than ESHY's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for XBB and ESHY.

Drawdown Indicators

	XBB	ESHY	Difference
Max Drawdown Largest peak-to-trough decline	-8.87%	0.00%	-8.87%
Max Drawdown (1Y) Largest decline over 1 year	-3.51%	—	—
Current Drawdown Current decline from peak	-1.41%	0.00%	-1.41%
Average Drawdown Average peak-to-trough decline	-1.37%	0.00%	-1.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.83%	—	—

Volatility

Volatility by Period

	XBB	ESHY	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.95%	—	—
Volatility (6M) Calculated over the trailing 6-month period	3.16%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	5.04%	0.00%	+5.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.20%	0.00%	+7.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.20%	0.00%	+7.20%