XHYG.DE vs. HYRM

Last updated Jun 26, 2026

XHYG.DE (Xtrackers EUR High Yield Corporate Bond UCITS ETF 1D) and HYRM (Xtrackers Risk Managed USD High Yield Strategy ETF) are both exchange-traded funds - XHYG.DE is a European High Yield Bonds fund tracking the Bloomberg Pan Euro HY Euro TR EUR, while HYRM is a High Yield Bonds fund tracking the Adaptive Wealth Strategies Risk Managed High Yield Index - USD - US Dollar - Benchmark TR Net. Both are passively managed. At a 0.22 correlation, their price movements are largely independent. XHYG.DE charges 0.20%/yr vs 0.30%/yr for HYRM.

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.

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

XHYG.DE

• 1D: 0.13%
• 1M: 1.08%
• YTD: 1.52%
• 6M: 1.90%
• 1Y: 4.02%
• 3Y*: 6.59%
• 5Y*: 2.84%
• 10Y*: 3.43%

HYRM

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XHYG.DE vs. HYRM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
XHYG.DE Xtrackers EUR High Yield Corporate Bond UCITS ETF 1D	1.52%	4.66%	6.11%	11.53%	-6.54%
HYRM Xtrackers Risk Managed USD High Yield Strategy ETF	1.66%	-6.60%	14.93%	8.62%	-1.67%

Correlation

The correlation between XHYG.DE and HYRM is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.06
Correlation (3Y) Calculated over the trailing 3-year period	0.14
Correlation (All Time) Calculated using the full available price history since Feb 10, 2022	0.22

The correlation between XHYG.DE and HYRM shifts across timeframes, from 0.06 (1 year) to 0.22 (all time), reflecting how their relationship changes across market environments.

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: 36
XHYG.DE Sharpe Ratio Rank: 33
XHYG.DE Sortino Ratio Rank: 39
XHYG.DE Omega Ratio Rank: 36
XHYG.DE Calmar Ratio Rank: 31
XHYG.DE Martin Ratio Rank: 42

HYRM

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	XHYG.DE	HYRM	Difference
Sharpe ratio: Return per unit of total volatility	1.11	—	—
Sortino ratio: Return per unit of downside risk	1.84	—	—
Omega ratio: Gain probability vs. loss probability	1.22	—	—
Calmar ratio: Return relative to maximum drawdown	1.42	—	—
Martin ratio: Return relative to average drawdown	5.98	—	—

Drawdowns

Drawdown Indicators

	XHYG.DE	HYRM	Difference
Max Drawdown Largest peak-to-trough decline	-23.96%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-2.83%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-3.66%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-14.53%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-23.96%	—	—
Current Drawdown Current decline from peak	-0.19%	—	—
Average Drawdown Average peak-to-trough decline	-2.29%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	0.67%	—	—

Volatility

Volatility by Period

	XHYG.DE	HYRM	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.15%	—	—
Volatility (6M) Calculated over the trailing 6-month period	3.21%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.62%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.43%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.07%	—	—

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.

Dividends

XHYG.DE vs. HYRM - Dividend Comparison

XHYG.DE's dividend yield for the trailing twelve months is around 4.91%, less than HYRM's 5.92% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
HYRM Xtrackers Risk Managed USD High Yield Strategy ETF	5.92%	6.28%	6.08%	5.78%	4.69%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XHYG.DE Xtrackers EUR High Yield Corporate Bond UCITS ETF 1D	4.91%	4.75%	5.49%	3.95%	3.70%	5.70%	2.27%	3.55%	5.11%	3.71%	1.25%

Frequently Asked Questions

Can I hold both XHYG.DE and HYRM in my portfolio?

XHYG.DE and HYRM have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XHYG.DE or HYRM?

On fees, XHYG.DE is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XHYG.DE or HYRM?

XHYG.DE is cheaper with a 0.20% expense ratio, compared with 0.30% for HYRM.

What is the main difference between XHYG.DE and HYRM?

XHYG.DE is categorized as European High Yield Bonds, while HYRM is High Yield Bonds. XHYG.DE tracks Bloomberg Pan Euro HY Euro TR EUR, while HYRM tracks Adaptive Wealth Strategies Risk Managed High Yield Index - USD - US Dollar - Benchmark TR Net. Their fees differ too: 0.20% for XHYG.DE and 0.30% for HYRM.