XJR vs. HYXF
XJR (iShares ESG Screened S&P Small-Cap ETF) and HYXF (iShares ESG Advanced High Yield Corporate Bond ETF) are both exchange-traded funds - XJR is a Small Cap Blend Equities fund tracking the S&P SmallCap 600 Sustainability Screened Index, while HYXF is a High Yield Bonds fund tracking the Bloomberg MSCI US High Yield Corporate Choice ESG Screened. Both are passively managed. Over the past 5 years, XJR returned 6.15%/yr vs 3.71%/yr for HYXF. A 0.62 correlation means they provide meaningful diversification when combined. XJR charges 0.12%/yr vs 0.35%/yr for HYXF.
Performance
XJR vs. HYXF - Performance Comparison
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Returns By Period
In the year-to-date period, XJR achieves a 19.59% return, which is significantly higher than HYXF's 1.34% return.
XJR
- 1D
- -0.07%
- 1M
- 8.05%
- YTD
- 19.59%
- 6M
- 16.55%
- 1Y
- 34.56%
- 3Y*
- 14.92%
- 5Y*
- 6.15%
- 10Y*
- —
HYXF
- 1D
- 0.29%
- 1M
- 1.24%
- YTD
- 1.34%
- 6M
- 1.95%
- 1Y
- 6.13%
- 3Y*
- 8.59%
- 5Y*
- 3.71%
- 10Y*
- 5.12%
XJR vs. HYXF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
XJR iShares ESG Screened S&P Small-Cap ETF | 19.59% | 4.73% | 9.59% | 16.39% | -17.30% | 24.96% | 35.61% |
HYXF iShares ESG Advanced High Yield Corporate Bond ETF | 1.34% | 8.88% | 8.35% | 11.87% | -11.90% | 2.60% | 6.10% |
Correlation
The correlation between XJR and HYXF is 0.70, 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 | 0.70 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.63 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.64 |
Correlation (All Time) Calculated using the full available price history since Sep 24, 2020 | 0.62 |
The correlation between XJR and HYXF has been stable across timeframes, ranging from 0.62 to 0.70 - a consistent structural relationship.
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Return for Risk
XJR vs. HYXF — Risk / Return Rank
XJR
HYXF
XJR vs. HYXF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares ESG Screened S&P Small-Cap ETF (XJR) and iShares ESG Advanced High Yield Corporate Bond ETF (HYXF). 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.
| XJR | HYXF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.33 | ||
| Sortino ratioReturn per unit of downside risk | +0.37 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.30 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.68 | 2.40 | +1.28 |
| Martin ratioReturn relative to average drawdown | 11.93 | 10.72 | +1.21 |
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Drawdowns
XJR vs. HYXF - Drawdown Comparison
The maximum XJR drawdown since its inception was -27.14%, which is greater than HYXF's maximum drawdown of -18.75%. Use the drawdown chart below to compare losses from any high point for XJR and HYXF.
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Drawdown Indicators
| XJR | HYXF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.14% | -18.75% | -8.39% |
Max Drawdown (1Y)Largest decline over 1 year | -9.43% | -2.57% | -6.86% |
Max Drawdown (3Y)Largest decline over 3 years | -27.14% | -4.81% | -22.33% |
Max Drawdown (5Y)Largest decline over 5 years | -27.14% | -16.00% | -11.14% |
Max Drawdown (10Y)Largest decline over 10 years | — | -18.75% | — |
Current DrawdownCurrent decline from peak | -0.07% | 0.00% | -0.07% |
Average DrawdownAverage peak-to-trough decline | -9.42% | -2.57% | -6.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.90% | 0.57% | +2.33% |
Volatility
XJR vs. HYXF - Volatility Comparison
iShares ESG Screened S&P Small-Cap ETF (XJR) has a higher volatility of 5.39% compared to iShares ESG Advanced High Yield Corporate Bond ETF (HYXF) at 1.29%. This indicates that XJR's price experiences larger fluctuations and is considered to be riskier than HYXF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XJR | HYXF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.39% | 1.29% | +4.10% |
Volatility (6M)Calculated over the trailing 6-month period | 12.51% | 3.01% | +9.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.99% | 3.83% | +14.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.47% | 8.05% | +13.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.72% | 8.31% | +13.41% |
XJR vs. HYXF - Expense Ratio Comparison
XJR has a 0.12% expense ratio, which is lower than HYXF's 0.35% expense ratio.
Dividends
XJR vs. HYXF - Dividend Comparison
XJR's dividend yield for the trailing twelve months is around 1.24%, less than HYXF's 6.07% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
HYXF iShares ESG Advanced High Yield Corporate Bond ETF | 6.07% | 6.19% | 6.40% | 5.93% | 5.37% | 4.56% | 4.96% | 5.29% | 6.14% | 5.85% | 3.16% |
XJR iShares ESG Screened S&P Small-Cap ETF | 1.24% | 1.14% | 1.96% | 0.92% | 1.29% | 2.00% | 0.58% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
XJR and HYXF have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
XJR has higher volatility (5.39%) compared to HYXF (1.29%). In terms of maximum drawdown, XJR dropped -27.14% vs HYXF's -18.75%.
On 5-year performance, XJR leads with 6.15% vs 3.71% for HYXF. On fees, XJR is cheaper at 0.12% per year. On volatility, HYXF has been the lower-risk option at 1.29%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, XJR has performed better with a 6.15% return vs 3.71%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
XJR is cheaper with a 0.12% expense ratio, compared with 0.35% for HYXF.
HYXF has the higher dividend yield at 6.07%, compared with 1.24% for XJR.
XJR is categorized as Small Cap Blend Equities, while HYXF is High Yield Bonds. XJR tracks S&P SmallCap 600 Sustainability Screened Index, while HYXF tracks Bloomberg MSCI US High Yield Corporate Choice ESG Screened. Their fees differ too: 0.12% for XJR and 0.35% for HYXF.
XJR currently has the higher Sharpe Ratio (1.93 vs 1.61), 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.
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