XHYG.DE vs. HYRM

Last updated Apr 3, 2026

Compare and contrast key facts about Xtrackers EUR High Yield Corporate Bond UCITS ETF 1D (XHYG.DE) and Xtrackers Risk Managed USD High Yield Strategy ETF (HYRM).

XHYG.DE and HYRM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XHYG.DE is a passively managed fund by Xtrackers that tracks the performance of the Bloomberg Pan Euro HY Euro TR EUR. It was launched on Jan 8, 2015. HYRM is a passively managed fund by Xtrackers that tracks the performance of the Adaptive Wealth Strategies Risk Managed High Yield Index - USD - US Dollar - Benchmark TR Net. It was launched on Feb 9, 2022. Both XHYG.DE and HYRM are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

XHYG.DE vs. HYRM - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Xtrackers EUR High Yield Corporate Bond UCITS ETF 1D (XHYG.DE) and Xtrackers Risk Managed USD High Yield Strategy ETF (HYRM). The values are adjusted to include any dividend payments, if applicable.

XHYG.DE vs. HYRM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
XHYG.DE Xtrackers EUR High Yield Corporate Bond UCITS ETF 1D	-1.06%	4.63%	6.16%	11.48%	-6.19%
HYRM Xtrackers Risk Managed USD High Yield Strategy ETF	1.32%	-6.60%	14.93%	8.62%	-0.83%

Different Trading Currencies

XHYG.DE is traded in EUR, while HYRM is traded in USD. To make them comparable, the HYRM values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, XHYG.DE achieves a -1.06% return, which is significantly lower than HYRM's 1.51% return.

XHYG.DE

• 1D: 0.01%
• 1M: -0.31%
• YTD: -1.06%
• 6M: -0.21%
• 1Y: 3.26%
• 3Y*: 5.93%
• 5Y*: 2.47%
• 10Y*: 3.11%

HYRM

• 1D: 0.16%
• 1M: 0.37%
• YTD: 1.51%
• 6M: 2.59%
• 1Y: -2.58%
• 3Y*: 4.83%
• 5Y*: —
• 10Y*: —

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

XHYG.DE vs. HYRM - Expense Ratio Comparison

XHYG.DE has a 0.20% expense ratio, which is lower than HYRM's 0.30% expense ratio.

HYRM

Xtrackers Risk Managed USD High Yield Strategy ETF

XHYG.DE

Xtrackers EUR High Yield Corporate Bond UCITS ETF 1D

Return for Risk

XHYG.DE vs. HYRM — Risk / Return Rank

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

XHYG.DE

XHYG.DE Risk / Return Rank: 47
XHYG.DE Sharpe Ratio Rank: 45
XHYG.DE Sortino Ratio Rank: 44
XHYG.DE Omega Ratio Rank: 42
XHYG.DE Calmar Ratio Rank: 46
XHYG.DE Martin Ratio Rank: 55

HYRM

HYRM Risk / Return Rank: 41
HYRM Sharpe Ratio Rank: 39
HYRM Sortino Ratio Rank: 39
HYRM Omega Ratio Rank: 41
HYRM Calmar Ratio Rank: 40
HYRM Martin Ratio Rank: 43

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.

XHYG.DE vs. HYRM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers EUR High Yield Corporate Bond UCITS ETF 1D (XHYG.DE) and Xtrackers Risk Managed USD High Yield Strategy ETF (HYRM). 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.

	XHYG.DE	HYRM	Difference
Sharpe ratio Return per unit of total volatility	0.89	-0.27	+1.17
Sortino ratio Return per unit of downside risk	1.31	-0.30	+1.61
Omega ratio Gain probability vs. loss probability	1.18	0.96	+0.22
Calmar ratio Return relative to maximum drawdown	1.43	-0.25	+1.68
Martin ratio Return relative to average drawdown	6.37	-0.42	+6.78
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XHYG.DE vs. HYRM - Sharpe Ratio Comparison

The current XHYG.DE Sharpe Ratio is 0.89, which is higher than the HYRM Sharpe Ratio of -0.27. The chart below compares the historical Sharpe Ratios of XHYG.DE and HYRM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	XHYG.DE	HYRM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.89	-0.27	+1.17
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.45	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.44	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.42	0.44	-0.02

Correlation

The correlation between XHYG.DE and HYRM is 0.23, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

XHYG.DE vs. HYRM - Dividend Comparison

XHYG.DE's dividend yield for the trailing twelve months is around 4.93%, less than HYRM's 6.45% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
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%
HYRM Xtrackers Risk Managed USD High Yield Strategy ETF	6.45%	6.28%	6.08%	5.78%	4.69%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

XHYG.DE vs. HYRM - Drawdown Comparison

The maximum XHYG.DE drawdown since its inception was -24.00%, which is greater than HYRM's maximum drawdown of -12.54%. Use the drawdown chart below to compare losses from any high point for XHYG.DE and HYRM.

Drawdown Indicators

	XHYG.DE	HYRM	Difference
Max Drawdown Largest peak-to-trough decline	-24.00%	-12.42%	-11.58%
Max Drawdown (1Y) Largest decline over 1 year	-2.81%	-3.97%	+1.16%
Max Drawdown (5Y) Largest decline over 5 years	-14.54%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-24.00%	—	—
Current Drawdown Current decline from peak	-1.54%	-1.15%	-0.39%
Average Drawdown Average peak-to-trough decline	-2.37%	-2.63%	+0.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.63%	1.01%	-0.38%

Volatility

XHYG.DE vs. HYRM - Volatility Comparison

The current volatility for Xtrackers EUR High Yield Corporate Bond UCITS ETF 1D (XHYG.DE) is 1.72%, while Xtrackers Risk Managed USD High Yield Strategy ETF (HYRM) has a volatility of 1.99%. This indicates that XHYG.DE experiences smaller price fluctuations and is considered to be less risky than HYRM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XHYG.DE	HYRM	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.72%	1.99%	-0.27%
Volatility (6M) Calculated over the trailing 6-month period	2.48%	4.70%	-2.22%
Volatility (1Y) Calculated over the trailing 1-year period	3.63%	9.56%	-5.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.37%	8.95%	-3.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.15%	8.95%	-1.80%