XHY1.DE vs. XSX6.DE
XHY1.DE (Xtrackers iBoxx EUR High Yield Bond 1-3 Swap UCITS ETF) and XSX6.DE (Xtrackers STOXX Europe 600 UCITS ETF) are both exchange-traded funds - XHY1.DE is a European High Yield Bonds fund tracking the iBoxx® EUR Liquid High Yield 1-3, while XSX6.DE is a Europe Equities fund tracking the STOXX® Europe 600. Both are passively managed. Over the past 10 years, XHY1.DE returned 2.58%/yr vs 9.14%/yr for XSX6.DE. At a 0.47 correlation, their price movements are largely independent. XHY1.DE charges 0.25%/yr vs 0.20%/yr for XSX6.DE.
Performance
XHY1.DE vs. XSX6.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XHY1.DE achieves a 0.57% return, which is significantly lower than XSX6.DE's 7.40% return. Over the past 10 years, XHY1.DE has underperformed XSX6.DE with an annualized return of 2.58%, while XSX6.DE has yielded a comparatively higher 9.14% 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%
XSX6.DE
- 1D
- 0.59%
- 1M
- 0.87%
- YTD
- 7.40%
- 6M
- 10.04%
- 1Y
- 16.19%
- 3Y*
- 13.95%
- 5Y*
- 9.70%
- 10Y*
- 9.14%
XHY1.DE vs. XSX6.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% |
XSX6.DE Xtrackers STOXX Europe 600 UCITS ETF | 7.40% | 20.91% | 8.35% | 15.54% | -10.63% | 24.87% | -1.83% | 28.68% | -11.34% | 10.91% |
Correlation
The correlation between XHY1.DE and XSX6.DE is 0.52, 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 | 0.52 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.50 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.57 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Jan 9, 2015 | 0.47 |
The correlation between XHY1.DE and XSX6.DE shifts across timeframes, from 0.47 (all time) to 0.57 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
XHY1.DE vs. XSX6.DE — Risk / Return Rank
XHY1.DE
XSX6.DE
XHY1.DE vs. XSX6.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 STOXX Europe 600 UCITS ETF (XSX6.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 | XSX6.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 0.00 | ||
| Sortino ratioReturn per unit of downside risk | +0.19 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.24 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.26 | 1.73 | +0.53 |
| Martin ratioReturn relative to average drawdown | 10.14 | 6.55 | +3.59 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| XHY1.DE | XSX6.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.26 | 1.26 | 0.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.62 | 0.66 | -0.05 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.34 | 0.58 | -0.24 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 0.59 | -0.28 |
Drawdowns
XHY1.DE vs. XSX6.DE - Drawdown Comparison
The maximum XHY1.DE drawdown since its inception was -25.91%, smaller than the maximum XSX6.DE drawdown of -36.05%. Use the drawdown chart below to compare losses from any high point for XHY1.DE and XSX6.DE.
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Drawdown Indicators
| XHY1.DE | XSX6.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.91% | -36.05% | +10.14% |
Max Drawdown (1Y)Largest decline over 1 year | -1.43% | -9.46% | +8.03% |
Max Drawdown (3Y)Largest decline over 3 years | -2.78% | -16.37% | +13.59% |
Max Drawdown (5Y)Largest decline over 5 years | -8.53% | -20.84% | +12.31% |
Max Drawdown (10Y)Largest decline over 10 years | -25.91% | -36.05% | +10.14% |
Current DrawdownCurrent decline from peak | -0.12% | -1.56% | +1.44% |
Average DrawdownAverage peak-to-trough decline | -1.55% | -5.27% | +3.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.32% | 2.50% | -2.18% |
Volatility
XHY1.DE vs. XSX6.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 STOXX Europe 600 UCITS ETF (XSX6.DE) has a volatility of 4.26%. This indicates that XHY1.DE experiences smaller price fluctuations and is considered to be less risky than XSX6.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XHY1.DE | XSX6.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.63% | 4.26% | -3.63% |
Volatility (6M)Calculated over the trailing 6-month period | 2.03% | 10.73% | -8.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.56% | 12.95% | -10.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.45% | 14.44% | -9.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.54% | 15.61% | -8.07% |
XHY1.DE vs. XSX6.DE - Expense Ratio Comparison
XHY1.DE has a 0.25% expense ratio, which is higher than XSX6.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. XSX6.DE - Dividend Comparison
XHY1.DE's dividend yield for the trailing twelve months is around 4.02%, while XSX6.DE has not paid dividends to shareholders.
| 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% |
XSX6.DE Xtrackers STOXX Europe 600 UCITS ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XHY1.DE and XSX6.DE have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XSX6.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XSX6.DE is cheaper with a 0.20% expense ratio, compared with 0.25% for XHY1.DE.
XHY1.DE is categorized as European High Yield Bonds, while XSX6.DE is Europe Equities. XHY1.DE tracks iBoxx® EUR Liquid High Yield 1-3, while XSX6.DE tracks STOXX® Europe 600. Their fees differ too: 0.25% for XHY1.DE and 0.20% for XSX6.DE.
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