XHYD vs. XHYE

Last updated Jun 5, 2026

XHYD (BondBloxx US High Yield Consumer Non-Cyclicals Sector ETF) and XHYE (BondBloxx US High Yield Energy Sector ETF) are both High Yield Bonds funds from BondBloxx - XHYD tracks the ICE Diversified US Cash Pay High Yield Consumer Non-Cyclical while XHYE tracks the ICE Diversified US Cash Pay High Yield Energy Index. Both are passively managed. Over the past 3 years, XHYD returned 7.51%/yr vs 8.50%/yr for XHYE. Their correlation of 0.83 suggests significant overlap in exposure. Both charge a 0.35% expense ratio.

Performance

XHYD vs. XHYE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BondBloxx US High Yield Consumer Non-Cyclicals Sector ETF (XHYD) and BondBloxx US High Yield Energy Sector ETF (XHYE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XHYD achieves a 0.44% return, which is significantly lower than XHYE's 3.57% return.

XHYD

• 1D: 0.00%
• 1M: -0.60%
• YTD: 0.44%
• 6M: 0.86%
• 1Y: 5.28%
• 3Y*: 7.51%
• 5Y*: —
• 10Y*: —

XHYE

• 1D: 0.00%
• 1M: -0.19%
• YTD: 3.57%
• 6M: 3.82%
• 1Y: 8.97%
• 3Y*: 8.50%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

XHYD vs. XHYE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
XHYD BondBloxx US High Yield Consumer Non-Cyclicals Sector ETF	0.44%	8.33%	6.29%	11.75%	-5.80%
XHYE BondBloxx US High Yield Energy Sector ETF	3.57%	6.73%	7.46%	11.49%	-1.77%

Correlation

The correlation between XHYD and XHYE is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.43
Correlation (3Y) Calculated over the trailing 3-year period	0.76
Correlation (All Time) Calculated using the full available price history since Feb 18, 2022	0.83

Over the past year, the correlation between XHYD and XHYE has dropped to 0.43 - well below their long-term average of 0.83, suggesting their price drivers have been diverging.

XHYD vs. XHYE - Sectors Allocation Comparison

Sectors	XHYD	XHYE
Consumer Defensive	29.7%	-
Utilities	23.8%	-
Consumer Cyclical	9.7%	-
Financial Services	2.0%	-
Industrials	1.8%	-
Basic Materials	1.0%	-
Communication Services	-	-
Energy	-	49.2%
Healthcare	-	-
Real Estate	-	-
Technology	-	0.3%

Return for Risk

XHYD vs. XHYE — Risk / Return Rank

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

XHYD

XHYD Risk / Return Rank: 50
XHYD Sharpe Ratio Rank: 45
XHYD Sortino Ratio Rank: 45
XHYD Omega Ratio Rank: 51
XHYD Calmar Ratio Rank: 48
XHYD Martin Ratio Rank: 60

XHYE

XHYE Risk / Return Rank: 94
XHYE Sharpe Ratio Rank: 91
XHYE Sortino Ratio Rank: 95
XHYE Omega Ratio Rank: 94
XHYE Calmar Ratio Rank: 95
XHYE Martin Ratio Rank: 94

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.

XHYD vs. XHYE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BondBloxx US High Yield Consumer Non-Cyclicals Sector ETF (XHYD) and BondBloxx US High Yield Energy Sector ETF (XHYE). 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.

	XHYD	XHYE	Difference
Sharpe ratio: Return per unit of total volatility	1.55	3.18	-1.63
Sortino ratio: Return per unit of downside risk	2.20	5.13	-2.93
Omega ratio: Gain probability vs. loss probability	1.32	1.69	-0.37
Calmar ratio: Return relative to maximum drawdown	2.36	8.50	-6.14
Martin ratio: Return relative to average drawdown	10.53	26.98	-16.44
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XHYD vs. XHYE - Sharpe Ratio Comparison

The current XHYD Sharpe Ratio is 1.55, which is lower than the XHYE Sharpe Ratio of 3.18. The chart below compares the historical Sharpe Ratios of XHYD and XHYE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	XHYD	XHYE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.55	3.18	-1.63
Sharpe Ratio (All Time) Calculated using the full available price history	0.67	0.84	-0.17

Drawdowns

XHYD vs. XHYE - Drawdown Comparison

The maximum XHYD drawdown since its inception was -11.02%, which is greater than XHYE's maximum drawdown of -8.87%. Use the drawdown chart below to compare losses from any high point for XHYD and XHYE.

Drawdown Indicators

	XHYD	XHYE	Difference
Max Drawdown Largest peak-to-trough decline	-11.02%	-8.87%	-2.15%
Max Drawdown (1Y) Largest decline over 1 year	-2.49%	-1.21%	-1.28%
Max Drawdown (3Y) Largest decline over 3 years	-3.70%	-6.40%	+2.70%
Current Drawdown Current decline from peak	-1.08%	-0.36%	-0.72%
Average Drawdown Average peak-to-trough decline	-2.04%	-1.42%	-0.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.56%	0.38%	+0.18%

Volatility

XHYD vs. XHYE - Volatility Comparison

BondBloxx US High Yield Consumer Non-Cyclicals Sector ETF (XHYD) has a higher volatility of 1.83% compared to BondBloxx US High Yield Energy Sector ETF (XHYE) at 0.56%. This indicates that XHYD's price experiences larger fluctuations and is considered to be riskier than XHYE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XHYD	XHYE	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.83%	0.56%	+1.27%
Volatility (6M) Calculated over the trailing 6-month period	3.28%	1.98%	+1.30%
Volatility (1Y) Calculated over the trailing 1-year period	3.79%	3.24%	+0.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.15%	7.60%	-0.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.15%	7.60%	-0.45%

XHYD vs. XHYE - Expense Ratio Comparison

Both XHYD and XHYE have an expense ratio of 0.35%.

Dividends

XHYD vs. XHYE - Dividend Comparison

XHYD's dividend yield for the trailing twelve months is around 5.31%, less than XHYE's 5.79% yield.

Position	TTM	2025	2024	2023	2022
XHYD BondBloxx US High Yield Consumer Non-Cyclicals Sector ETF	5.31%	5.83%	6.32%	5.80%	5.01%
XHYE BondBloxx US High Yield Energy Sector ETF	5.79%	6.55%	7.04%	6.46%	5.46%

Frequently Asked Questions

Can I hold both XHYD and XHYE in my portfolio?

XHYD and XHYE have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XHYD or XHYE?

XHYD has higher volatility (1.83%) compared to XHYE (0.56%). In terms of maximum drawdown, XHYD dropped -11.02% vs XHYE's -8.87%.

Which ETF is better, XHYD or XHYE?

On 3-year performance, XHYE leads with 8.50% vs 7.51% for XHYD. Both ETFs have the same 0.35% expense ratio. On volatility, XHYE has been the lower-risk option at 0.56%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XHYD or XHYE?

Over the 3-year period, XHYE has performed better with a 8.50% return vs 7.51%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XHYD or XHYE?

XHYD and XHYE have the same expense ratio: 0.35% per year.

Which ETF pays a higher dividend yield, XHYD or XHYE?

XHYE has the higher dividend yield at 5.79%, compared with 5.31% for XHYD.

What is the main difference between XHYD and XHYE?

XHYD tracks ICE Diversified US Cash Pay High Yield Consumer Non-Cyclical, while XHYE tracks ICE Diversified US Cash Pay High Yield Energy Index.

Which has better risk-adjusted returns?

XHYE currently has the higher Sharpe Ratio (3.18 vs 1.55), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.