XHYG.DE vs. XHY1.DE
XHYG.DE (Xtrackers EUR High Yield Corporate Bond UCITS ETF 1D) and XHY1.DE (Xtrackers iBoxx EUR High Yield Bond 1-3 Swap UCITS ETF) are both European High Yield Bonds funds from Xtrackers - XHYG.DE tracks the Bloomberg Pan Euro HY Euro TR EUR while XHY1.DE tracks the iBoxx® EUR Liquid High Yield 1-3. Both are passively managed. Over the past 10 years, XHYG.DE returned 3.16%/yr vs 2.58%/yr for XHY1.DE. A 0.60 correlation means they provide meaningful diversification when combined. XHYG.DE charges 0.20%/yr vs 0.25%/yr for XHY1.DE.
Performance
XHYG.DE vs. XHY1.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XHYG.DE achieves a 1.00% return, which is significantly higher than XHY1.DE's 0.57% return. Over the past 10 years, XHYG.DE has outperformed XHY1.DE with an annualized return of 3.16%, while XHY1.DE has yielded a comparatively lower 2.58% annualized return.
XHYG.DE
- 1D
- 0.08%
- 1M
- 0.61%
- YTD
- 1.00%
- 6M
- 1.35%
- 1Y
- 3.43%
- 3Y*
- 6.42%
- 5Y*
- 2.78%
- 10Y*
- 3.16%
XHY1.DE
- 1D
- 0.06%
- 1M
- 0.25%
- YTD
- 0.57%
- 6M
- 0.97%
- 1Y
- 3.27%
- 3Y*
- 5.12%
- 5Y*
- 2.77%
- 10Y*
- 2.58%
XHYG.DE vs. XHY1.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
XHYG.DE Xtrackers EUR High Yield Corporate Bond UCITS ETF 1D | 1.00% | 4.63% | 6.16% | 11.48% | -8.51% | 2.12% | 1.72% | 9.91% | -3.67% | 4.46% |
XHY1.DE Xtrackers iBoxx EUR High Yield Bond 1-3 Swap UCITS ETF | 0.57% | 4.80% | 5.09% | 6.88% | -3.97% | 2.51% | 1.30% | 5.63% | -2.54% | 3.45% |
Correlation
The correlation between XHYG.DE and XHY1.DE is 0.60, 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 | 0.60 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.60 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.70 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.62 |
Correlation (All Time) Calculated using the full available price history since Jan 14, 2015 | 0.60 |
The correlation between XHYG.DE and XHY1.DE has been stable across timeframes, ranging from 0.60 to 0.70 - a consistent structural relationship.
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Return for Risk
XHYG.DE vs. XHY1.DE — Risk / Return Rank
XHYG.DE
XHY1.DE
XHYG.DE vs. XHY1.DE - 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 iBoxx EUR High Yield Bond 1-3 Swap UCITS ETF (XHY1.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.
| XHYG.DE | XHY1.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.29 | ||
| Sortino ratioReturn per unit of downside risk | -0.47 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.25 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 1.22 | 2.26 | -1.04 |
| Martin ratioReturn relative to average drawdown | 5.17 | 10.14 | -4.97 |
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
| XHYG.DE | XHY1.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.97 | 1.26 | -0.29 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.51 | 0.62 | -0.11 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.45 | 0.34 | +0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.31 | +0.13 |
Drawdowns
XHYG.DE vs. XHY1.DE - Drawdown Comparison
The maximum XHYG.DE drawdown since its inception was -24.00%, smaller than the maximum XHY1.DE drawdown of -25.91%. Use the drawdown chart below to compare losses from any high point for XHYG.DE and XHY1.DE.
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Drawdown Indicators
| XHYG.DE | XHY1.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.00% | -25.91% | +1.91% |
Max Drawdown (1Y)Largest decline over 1 year | -2.81% | -1.43% | -1.38% |
Max Drawdown (3Y)Largest decline over 3 years | -3.64% | -2.78% | -0.86% |
Max Drawdown (5Y)Largest decline over 5 years | -14.54% | -8.53% | -6.01% |
Max Drawdown (10Y)Largest decline over 10 years | -24.00% | -25.91% | +1.91% |
Current DrawdownCurrent decline from peak | -0.11% | -0.12% | +0.01% |
Average DrawdownAverage peak-to-trough decline | -2.34% | -1.55% | -0.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.67% | 0.32% | +0.35% |
Volatility
XHYG.DE vs. XHY1.DE - Volatility Comparison
Xtrackers EUR High Yield Corporate Bond UCITS ETF 1D (XHYG.DE) has a higher volatility of 1.15% compared to Xtrackers iBoxx EUR High Yield Bond 1-3 Swap UCITS ETF (XHY1.DE) at 0.63%. This indicates that XHYG.DE's price experiences larger fluctuations and is considered to be riskier than XHY1.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XHYG.DE | XHY1.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.15% | 0.63% | +0.52% |
Volatility (6M)Calculated over the trailing 6-month period | 3.10% | 2.03% | +1.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.53% | 2.56% | +0.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.45% | 4.45% | +1.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.17% | 7.54% | -0.37% |
XHYG.DE vs. XHY1.DE - Expense Ratio Comparison
XHYG.DE has a 0.20% expense ratio, which is lower than XHY1.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
XHYG.DE vs. XHY1.DE - Dividend Comparison
XHYG.DE's dividend yield for the trailing twelve months is around 4.93%, more than XHY1.DE's 4.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
XHY1.DE Xtrackers iBoxx EUR High Yield Bond 1-3 Swap UCITS ETF | 4.02% | 3.93% | 5.53% | 6.87% | 4.97% | 5.12% | 2.95% | 1.78% | 1.35% | 3.10% | 3.14% |
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% |
Frequently Asked Questions
XHYG.DE and XHY1.DE have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
XHYG.DE is cheaper with a 0.20% expense ratio, compared with 0.25% for XHY1.DE.
XHYG.DE tracks Bloomberg Pan Euro HY Euro TR EUR, while XHY1.DE tracks iBoxx® EUR Liquid High Yield 1-3. Their fees differ too: 0.20% for XHYG.DE and 0.25% for XHY1.DE.
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