XHYA.DE vs. SWDA.L
XHYA.DE (Xtrackers EUR High Yield Corporate Bond UCITS ETF) and SWDA.L (iShares Core MSCI World UCITS ETF USD (Acc)) are both exchange-traded funds - XHYA.DE is a European High Yield Bonds fund tracking the iBoxx® EUR Liquid High Yield, while SWDA.L is a Global Equities fund tracking the MSCI World Index. Both are passively managed. Over the past 5 years, XHYA.DE returned 2.78%/yr vs 12.91%/yr for SWDA.L. A 0.53 correlation means they provide meaningful diversification when combined. Both charge a 0.20% expense ratio.
Performance
XHYA.DE vs. SWDA.L - Performance Comparison
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Different Trading Currencies
XHYA.DE is traded in EUR, while SWDA.L is traded in GBp. To make them comparable, the SWDA.L values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, XHYA.DE achieves a 1.11% return, which is significantly lower than SWDA.L's 11.07% 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*
- —
SWDA.L
- 1D
- 0.06%
- 1M
- 3.65%
- YTD
- 11.07%
- 6M
- 10.95%
- 1Y
- 23.96%
- 3Y*
- 17.50%
- 5Y*
- 12.91%
- 10Y*
- 12.83%
XHYA.DE vs. SWDA.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XHYA.DE Xtrackers EUR High Yield Corporate Bond UCITS ETF | 1.11% | 4.47% | 6.15% | 10.88% | -8.84% | 2.96% | 2.02% | 9.71% | -3.59% | 3.97% |
SWDA.L iShares Core MSCI World UCITS ETF USD (Acc) | 11.08% | 6.76% | 26.95% | 20.08% | -13.06% | 31.68% | 6.15% | 30.86% | -4.97% | 3.35% |
Correlation
The correlation between XHYA.DE and SWDA.L is 0.59, 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 | 0.59 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.53 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Mar 16, 2017 | 0.53 |
The correlation between XHYA.DE and SWDA.L has been stable across timeframes, ranging from 0.53 to 0.59 - a consistent structural relationship.
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Return for Risk
XHYA.DE vs. SWDA.L — Risk / Return Rank
XHYA.DE
SWDA.L
XHYA.DE vs. SWDA.L - 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 iShares Core MSCI World UCITS ETF USD (Acc) (SWDA.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.
| XHYA.DE | SWDA.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.35 | ||
| Sortino ratioReturn per unit of downside risk | -1.75 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.41 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | 1.11 | 3.65 | -2.54 |
| Martin ratioReturn relative to average drawdown | 4.54 | 14.89 | -10.35 |
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
| XHYA.DE | SWDA.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.84 | 2.19 | -1.35 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.50 | 0.92 | -0.41 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.85 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.85 | -0.41 |
Drawdowns
XHYA.DE vs. SWDA.L - Drawdown Comparison
The maximum XHYA.DE drawdown since its inception was -23.86%, smaller than the maximum SWDA.L drawdown of -33.00%. Use the drawdown chart below to compare losses from any high point for XHYA.DE and SWDA.L.
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Drawdown Indicators
| XHYA.DE | SWDA.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.86% | -33.00% | +9.14% |
Max Drawdown (1Y)Largest decline over 1 year | -2.89% | -6.53% | +3.64% |
Max Drawdown (3Y)Largest decline over 3 years | -4.23% | -20.55% | +16.32% |
Max Drawdown (5Y)Largest decline over 5 years | -14.48% | -20.55% | +6.07% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.00% | — |
Current DrawdownCurrent decline from peak | -0.22% | -0.27% | +0.05% |
Average DrawdownAverage peak-to-trough decline | -2.52% | -4.31% | +1.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.71% | 1.60% | -0.89% |
Volatility
XHYA.DE vs. SWDA.L - Volatility Comparison
The current volatility for Xtrackers EUR High Yield Corporate Bond UCITS ETF (XHYA.DE) is 1.08%, while iShares Core MSCI World UCITS ETF USD (Acc) (SWDA.L) has a volatility of 2.23%. This indicates that XHYA.DE experiences smaller price fluctuations and is considered to be less risky than SWDA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XHYA.DE | SWDA.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.08% | 2.23% | -1.15% |
Volatility (6M)Calculated over the trailing 6-month period | 3.23% | 7.56% | -4.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.82% | 10.88% | -7.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.46% | 14.07% | -8.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.67% | 15.15% | -8.48% |
XHYA.DE vs. SWDA.L - Expense Ratio Comparison
Both XHYA.DE and SWDA.L 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%.
Dividends
XHYA.DE vs. SWDA.L - Dividend Comparison
Neither XHYA.DE nor SWDA.L has paid dividends to shareholders.
Frequently Asked Questions
XHYA.DE and SWDA.L have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.20% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
XHYA.DE and SWDA.L have the same expense ratio: 0.20% per year.
XHYA.DE is categorized as European High Yield Bonds, while SWDA.L is Global Equities. XHYA.DE tracks iBoxx® EUR Liquid High Yield, while SWDA.L tracks MSCI World Index. They also come from different issuers: Xtrackers and iShares.
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