XHY1.DE vs. XHYG.DE
XHY1.DE (Xtrackers iBoxx EUR High Yield Bond 1-3 Swap UCITS ETF) and XHYG.DE (Xtrackers EUR High Yield Corporate Bond UCITS ETF 1D) are both European High Yield Bonds funds from Xtrackers - XHY1.DE tracks the iBoxx® EUR Liquid High Yield 1-3 while XHYG.DE tracks the Bloomberg Pan Euro HY Euro TR EUR. Both are passively managed. Over the past 10 years, XHY1.DE returned 2.58%/yr vs 3.16%/yr for XHYG.DE. A 0.60 correlation means they provide meaningful diversification when combined. XHY1.DE charges 0.25%/yr vs 0.20%/yr for XHYG.DE.
Performance
XHY1.DE vs. XHYG.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XHY1.DE achieves a 0.57% return, which is significantly lower than XHYG.DE's 1.00% return. Over the past 10 years, XHY1.DE has underperformed XHYG.DE with an annualized return of 2.58%, while XHYG.DE has yielded a comparatively higher 3.16% annualized return.
XHY1.DE
- 1D
- 0.06%
- 1M
- 0.25%
- YTD
- 0.57%
- 6M
- 0.97%
- 1Y
- 3.27%
- 3Y*
- 5.12%
- 5Y*
- 2.77%
- 10Y*
- 2.58%
XHYG.DE
- 1D
- 0.08%
- 1M
- 0.61%
- YTD
- 1.00%
- 6M
- 1.35%
- 1Y
- 3.43%
- 3Y*
- 6.42%
- 5Y*
- 2.78%
- 10Y*
- 3.16%
XHY1.DE vs. XHYG.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XHY1.DE Xtrackers iBoxx EUR High Yield Bond 1-3 Swap UCITS ETF | 0.57% | 4.80% | 5.09% | 6.88% | -3.97% | 2.51% | 1.30% | 5.63% | -2.54% | 3.45% |
XHYG.DE Xtrackers EUR High Yield Corporate Bond UCITS ETF 1D | 1.00% | 4.63% | 6.16% | 11.48% | -8.51% | 2.12% | 1.72% | 9.91% | -3.67% | 4.46% |
Correlation
The correlation between XHY1.DE and XHYG.DE is 0.60, 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 | 0.60 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.60 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.70 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.62 |
Correlation (All Time) Calculated using the full available price history since Jan 14, 2015 | 0.60 |
The correlation between XHY1.DE and XHYG.DE has been stable across timeframes, ranging from 0.60 to 0.70 - a consistent structural relationship.
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
XHY1.DE vs. XHYG.DE — Risk / Return Rank
XHY1.DE
XHYG.DE
XHY1.DE vs. XHYG.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers iBoxx EUR High Yield Bond 1-3 Swap UCITS ETF (XHY1.DE) and Xtrackers EUR High Yield Corporate Bond UCITS ETF 1D (XHYG.DE). 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.
| XHY1.DE | XHYG.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.29 | ||
| Sortino ratioReturn per unit of downside risk | +0.47 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.20 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.26 | 1.22 | +1.04 |
| Martin ratioReturn relative to average drawdown | 10.14 | 5.17 | +4.97 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| XHY1.DE | XHYG.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.26 | 0.97 | +0.29 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.62 | 0.51 | +0.11 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.34 | 0.45 | -0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 0.44 | -0.13 |
Drawdowns
XHY1.DE vs. XHYG.DE - Drawdown Comparison
The maximum XHY1.DE drawdown since its inception was -25.91%, which is greater than XHYG.DE's maximum drawdown of -24.00%. Use the drawdown chart below to compare losses from any high point for XHY1.DE and XHYG.DE.
Loading charts...
Drawdown Indicators
| XHY1.DE | XHYG.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.91% | -24.00% | -1.91% |
Max Drawdown (1Y)Largest decline over 1 year | -1.43% | -2.81% | +1.38% |
Max Drawdown (3Y)Largest decline over 3 years | -2.78% | -3.64% | +0.86% |
Max Drawdown (5Y)Largest decline over 5 years | -8.53% | -14.54% | +6.01% |
Max Drawdown (10Y)Largest decline over 10 years | -25.91% | -24.00% | -1.91% |
Current DrawdownCurrent decline from peak | -0.12% | -0.11% | -0.01% |
Average DrawdownAverage peak-to-trough decline | -1.55% | -2.34% | +0.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.32% | 0.67% | -0.35% |
Volatility
XHY1.DE vs. XHYG.DE - Volatility Comparison
The current volatility for Xtrackers iBoxx EUR High Yield Bond 1-3 Swap UCITS ETF (XHY1.DE) is 0.63%, while Xtrackers EUR High Yield Corporate Bond UCITS ETF 1D (XHYG.DE) has a volatility of 1.15%. This indicates that XHY1.DE experiences smaller price fluctuations and is considered to be less risky than XHYG.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XHY1.DE | XHYG.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.63% | 1.15% | -0.52% |
Volatility (6M)Calculated over the trailing 6-month period | 2.03% | 3.10% | -1.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.56% | 3.53% | -0.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.45% | 5.45% | -1.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.54% | 7.17% | +0.37% |
XHY1.DE vs. XHYG.DE - Expense Ratio Comparison
XHY1.DE has a 0.25% expense ratio, which is higher than XHYG.DE's 0.20% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
XHY1.DE vs. XHYG.DE - Dividend Comparison
XHY1.DE's dividend yield for the trailing twelve months is around 4.02%, less than XHYG.DE's 4.93% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
XHY1.DE Xtrackers iBoxx EUR High Yield Bond 1-3 Swap UCITS ETF | 4.02% | 3.93% | 5.53% | 6.87% | 4.97% | 5.12% | 2.95% | 1.78% | 1.35% | 3.10% | 3.14% |
XHYG.DE Xtrackers EUR High Yield Corporate Bond UCITS ETF 1D | 4.93% | 4.75% | 5.48% | 3.95% | 3.70% | 5.75% | 2.27% | 3.54% | 5.11% | 3.71% | 1.25% |
Frequently Asked Questions
XHY1.DE and XHYG.DE have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XHYG.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XHYG.DE is cheaper with a 0.20% expense ratio, compared with 0.25% for XHY1.DE.
XHY1.DE tracks iBoxx® EUR Liquid High Yield 1-3, while XHYG.DE tracks Bloomberg Pan Euro HY Euro TR EUR. Their fees differ too: 0.25% for XHY1.DE and 0.20% for XHYG.DE.
Find the right allocation for XHY1.DE and XHYG.DE
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