XUHE.DE vs. XZHY.DE
XUHE.DE (Xtrackers USD High Yield Corporate Bond UCITS ETF EUR Hedged (Acc)) and XZHY.DE (Xtrackers ESG USD High Yield Corporate Bond UCITS ETF 1C) are both High Yield Bonds funds from Xtrackers - XUHE.DE tracks the Bloomberg US High Yield Very Liquid ex 144A Index (EUR Hedged) while XZHY.DE tracks the Bloomberg MSCI US High Yield Sustainable and SRI. Both are passively managed. Over the past 3 years, XUHE.DE returned 6.61%/yr vs 6.65%/yr for XZHY.DE. At a 0.17 correlation, their price movements are largely independent. Both charge a 0.25% expense ratio.
Performance
XUHE.DE vs. XZHY.DE - Performance Comparison
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Returns By Period
In the year-to-date period, XUHE.DE achieves a 1.21% return, which is significantly lower than XZHY.DE's 4.88% return.
XUHE.DE
- 1D
- -0.12%
- 1M
- 0.30%
- 6M
- 1.21%
- YTD
- 1.21%
- 1Y
- 3.98%
- 3Y*
- 6.61%
- 5Y*
- —
- 10Y*
- —
XZHY.DE
- 1D
- 0.00%
- 1M
- 2.11%
- 6M
- 4.68%
- YTD
- 4.88%
- 1Y
- 8.78%
- 3Y*
- 6.65%
- 5Y*
- —
- 10Y*
- —
XUHE.DE vs. XZHY.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
XUHE.DE Xtrackers USD High Yield Corporate Bond UCITS ETF EUR Hedged (Acc) | 1.21% | 7.00% | 5.04% | 10.87% | -0.00% |
XZHY.DE Xtrackers ESG USD High Yield Corporate Bond UCITS ETF 1C | 4.88% | -3.17% | 13.38% | 8.40% | -5.88% |
Correlation
The correlation between XUHE.DE and XZHY.DE is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.14 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Jul 12, 2022 | 0.17 |
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Return for Risk
XUHE.DE vs. XZHY.DE — Risk / Return Rank
XUHE.DE
XZHY.DE
XUHE.DE vs. XZHY.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers USD High Yield Corporate Bond UCITS ETF EUR Hedged (Acc) (XUHE.DE) and Xtrackers ESG USD High Yield Corporate Bond UCITS ETF 1C (XZHY.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.
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.
| XUHE.DE | XZHY.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.54 | ||
| Sortino ratioReturn per unit of downside risk | -0.73 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.27 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.32 | 2.84 | -1.52 |
| Martin ratioReturn relative to average drawdown | 6.17 | 9.44 | -3.28 |
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Drawdowns
XUHE.DE vs. XZHY.DE - Drawdown Comparison
The maximum XUHE.DE drawdown since its inception was -17.56%, which is greater than XZHY.DE's maximum drawdown of -11.51%. Use the drawdown chart below to compare losses from any high point for XUHE.DE and XZHY.DE.
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Drawdown Indicators
| XUHE.DE | XZHY.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.56% | -11.51% | -6.05% |
Max Drawdown (1Y)Largest decline over 1 year | -3.00% | -3.11% | +0.11% |
Max Drawdown (3Y)Largest decline over 3 years | -5.20% | -11.51% | +6.31% |
Current DrawdownCurrent decline from peak | -0.12% | -1.38% | +1.26% |
Average DrawdownAverage peak-to-trough decline | -5.49% | -4.45% | -1.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.64% | 0.93% | -0.29% |
Volatility
XUHE.DE vs. XZHY.DE - Volatility Comparison
The current volatility for Xtrackers USD High Yield Corporate Bond UCITS ETF EUR Hedged (Acc) (XUHE.DE) is 1.19%, while Xtrackers ESG USD High Yield Corporate Bond UCITS ETF 1C (XZHY.DE) has a volatility of 1.42%. This indicates that XUHE.DE experiences smaller price fluctuations and is considered to be less risky than XZHY.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| XUHE.DE | XZHY.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.19% | 1.42% | -0.23% |
Volatility (6M)Calculated over the trailing 6-month period | 3.49% | 3.85% | -0.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.13% | 5.90% | -1.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.43% | 7.55% | -0.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.43% | 7.55% | -0.12% |
XUHE.DE vs. XZHY.DE - Expense Ratio Comparison
Both XUHE.DE and XZHY.DE have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
XUHE.DE vs. XZHY.DE - Dividend Comparison
Neither XUHE.DE nor XZHY.DE has paid dividends to shareholders.
Frequently Asked Questions
XUHE.DE and XZHY.DE have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.25% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
XUHE.DE and XZHY.DE have the same expense ratio: 0.25% per year.
XUHE.DE tracks Bloomberg US High Yield Very Liquid ex 144A Index (EUR Hedged), while XZHY.DE tracks Bloomberg MSCI US High Yield Sustainable and SRI.
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