XHYA.DE vs. ASRF.DE
XHYA.DE (Xtrackers EUR High Yield Corporate Bond UCITS ETF) and ASRF.DE (BNP Paribas Easy EUR High Yield SRI Fossil Free UCITS ETF Acc) are both European High Yield Bonds funds - XHYA.DE tracks the iBoxx® EUR Liquid High Yield while ASRF.DE tracks the Bloomberg MSCI Euro High Yield SRI Sustainable Ex Fossil Fuel. Both are passively managed. Over the past 5 years, XHYA.DE returned 2.78%/yr vs 2.26%/yr for ASRF.DE. A 0.67 correlation means they provide meaningful diversification when combined. XHYA.DE charges 0.20%/yr vs 0.25%/yr for ASRF.DE.
Performance
XHYA.DE vs. ASRF.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, XHYA.DE achieves a 1.11% return, which is significantly higher than ASRF.DE's 0.70% return.
XHYA.DE
- 1D
- -0.22%
- 1M
- 0.41%
- YTD
- 1.11%
- 6M
- 1.27%
- 1Y
- 3.39%
- 3Y*
- 6.38%
- 5Y*
- 2.78%
- 10Y*
- —
ASRF.DE
- 1D
- 0.10%
- 1M
- 0.61%
- YTD
- 0.70%
- 6M
- 1.18%
- 1Y
- 3.72%
- 3Y*
- 6.65%
- 5Y*
- 2.26%
- 10Y*
- —
XHYA.DE vs. ASRF.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
XHYA.DE Xtrackers EUR High Yield Corporate Bond UCITS ETF | 1.11% | 4.47% | 6.15% | 10.88% | -8.84% | 1.79% |
ASRF.DE BNP Paribas Easy EUR High Yield SRI Fossil Free UCITS ETF Acc | 0.70% | 4.66% | 6.57% | 11.42% | -11.08% | 1.06% |
Correlation
The correlation between XHYA.DE and ASRF.DE is 0.63, 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 | 0.63 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.63 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.68 |
Correlation (All Time) Calculated using the full available price history since Apr 7, 2021 | 0.67 |
The correlation between XHYA.DE and ASRF.DE has been stable across timeframes, ranging from 0.63 to 0.68 - 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
XHYA.DE vs. ASRF.DE — Risk / Return Rank
XHYA.DE
ASRF.DE
XHYA.DE vs. ASRF.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers EUR High Yield Corporate Bond UCITS ETF (XHYA.DE) and BNP Paribas Easy EUR High Yield SRI Fossil Free UCITS ETF Acc (ASRF.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.
| XHYA.DE | ASRF.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.09 | ||
| Sortino ratioReturn per unit of downside risk | -0.21 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.18 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.11 | 1.09 | +0.02 |
| Martin ratioReturn relative to average drawdown | 4.54 | 4.34 | +0.20 |
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
| XHYA.DE | ASRF.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.84 | 0.93 | -0.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.50 | 0.43 | +0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.45 | -0.01 |
Drawdowns
XHYA.DE vs. ASRF.DE - Drawdown Comparison
The maximum XHYA.DE drawdown since its inception was -23.86%, which is greater than ASRF.DE's maximum drawdown of -16.76%. Use the drawdown chart below to compare losses from any high point for XHYA.DE and ASRF.DE.
Loading charts...
Drawdown Indicators
| XHYA.DE | ASRF.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.86% | -16.76% | -7.10% |
Max Drawdown (1Y)Largest decline over 1 year | -2.89% | -3.25% | +0.36% |
Max Drawdown (3Y)Largest decline over 3 years | -4.23% | -3.86% | -0.37% |
Max Drawdown (5Y)Largest decline over 5 years | -14.48% | -16.76% | +2.28% |
Current DrawdownCurrent decline from peak | -0.22% | -0.34% | +0.12% |
Average DrawdownAverage peak-to-trough decline | -2.52% | -4.24% | +1.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.71% | 0.82% | -0.11% |
Volatility
XHYA.DE vs. ASRF.DE - Volatility Comparison
Xtrackers EUR High Yield Corporate Bond UCITS ETF (XHYA.DE) and BNP Paribas Easy EUR High Yield SRI Fossil Free UCITS ETF Acc (ASRF.DE) have volatilities of 1.08% and 1.05%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XHYA.DE | ASRF.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.08% | 1.05% | +0.03% |
Volatility (6M)Calculated over the trailing 6-month period | 3.23% | 3.20% | +0.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.82% | 3.80% | +0.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.46% | 5.85% | -0.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.67% | 5.83% | +0.84% |
XHYA.DE vs. ASRF.DE - Expense Ratio Comparison
XHYA.DE has a 0.20% expense ratio, which is lower than ASRF.DE's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
XHYA.DE vs. ASRF.DE - Dividend Comparison
Neither XHYA.DE nor ASRF.DE has paid dividends to shareholders.
Frequently Asked Questions
XHYA.DE and ASRF.DE have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XHYA.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XHYA.DE is cheaper with a 0.20% expense ratio, compared with 0.25% for ASRF.DE.
XHYA.DE tracks iBoxx® EUR Liquid High Yield, while ASRF.DE tracks Bloomberg MSCI Euro High Yield SRI Sustainable Ex Fossil Fuel. They also come from different issuers: Xtrackers and BNP Paribas. Their fees differ too: 0.20% for XHYA.DE and 0.25% for ASRF.DE.
Find the right allocation for XHYA.DE and ASRF.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