XUHY.DE vs. BNDW
XUHY.DE (Xtrackers USD High Yield Corporate Bond UCITS ETF 1D) and BNDW (Vanguard Total World Bond ETF) are both exchange-traded funds - XUHY.DE is a High Yield Bonds fund tracking the Bloomberg US Corporate High Yield TR USD, while BNDW is a Global Bonds fund tracking the Bloomberg Global Aggregate Float Adjusted Composite Index. Both are passively managed. Over the past 5 years, XUHY.DE returned 4.67%/yr vs 1.10%/yr for BNDW. A 0.50 correlation means they provide meaningful diversification when combined. XUHY.DE charges 0.20%/yr vs 0.05%/yr for BNDW.
Performance
XUHY.DE vs. BNDW - Performance Comparison
Loading charts...
Different Trading Currencies
XUHY.DE is traded in EUR, while BNDW is traded in USD. To make them comparable, the BNDW values have been converted to EUR using the latest available exchange rates.
Returns By Period
In the year-to-date period, XUHY.DE achieves a 3.07% return, which is significantly higher than BNDW's 2.31% return.
XUHY.DE
- 1D
- -0.36%
- 1M
- 1.42%
- YTD
- 3.07%
- 6M
- 3.53%
- 1Y
- 7.41%
- 3Y*
- 6.12%
- 5Y*
- 4.67%
- 10Y*
- —
BNDW
- 1D
- 0.11%
- 1M
- 1.95%
- YTD
- 2.31%
- 6M
- 2.54%
- 1Y
- 3.36%
- 3Y*
- 1.86%
- 5Y*
- 1.10%
- 10Y*
- —
XUHY.DE vs. BNDW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
XUHY.DE Xtrackers USD High Yield Corporate Bond UCITS ETF 1D | 3.07% | -2.75% | 12.70% | 9.43% | -6.44% | 12.44% | -3.26% | 18.71% | -2.80% |
BNDW Vanguard Total World Bond ETF | 2.31% | -7.44% | 9.18% | 3.97% | -7.48% | 5.23% | -2.54% | 10.82% | 2.67% |
Correlation
The correlation between XUHY.DE and BNDW is 0.57, 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 | 0.58 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.59 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Sep 6, 2018 | 0.50 |
The correlation between XUHY.DE and BNDW has been stable across timeframes, ranging from 0.50 to 0.59 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
XUHY.DE vs. BNDW — Risk / Return Rank
XUHY.DE
BNDW
XUHY.DE vs. BNDW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers USD High Yield Corporate Bond UCITS ETF 1D (XUHY.DE) and Vanguard Total World Bond ETF (BNDW). 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.
| XUHY.DE | BNDW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.63 | ||
| Sortino ratioReturn per unit of downside risk | +0.91 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.11 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 2.39 | 0.76 | +1.64 |
| Martin ratioReturn relative to average drawdown | 7.23 | 2.11 | +5.12 |
Loading charts...
Drawdowns
XUHY.DE vs. BNDW - Drawdown Comparison
The maximum XUHY.DE drawdown since its inception was -22.06%, which is greater than BNDW's maximum drawdown of -13.02%. Use the drawdown chart below to compare losses from any high point for XUHY.DE and BNDW.
Loading charts...
Drawdown Indicators
| XUHY.DE | BNDW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.06% | -13.02% | -9.04% |
Max Drawdown (1Y)Largest decline over 1 year | -3.08% | -4.45% | +1.37% |
Max Drawdown (3Y)Largest decline over 3 years | -12.04% | -11.33% | -0.71% |
Max Drawdown (5Y)Largest decline over 5 years | -12.04% | -12.17% | +0.13% |
Current DrawdownCurrent decline from peak | -2.95% | -6.97% | +4.02% |
Average DrawdownAverage peak-to-trough decline | -5.42% | -5.77% | +0.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.02% | 1.59% | -0.57% |
Volatility
XUHY.DE vs. BNDW - Volatility Comparison
Xtrackers USD High Yield Corporate Bond UCITS ETF 1D (XUHY.DE) has a higher volatility of 1.11% compared to Vanguard Total World Bond ETF (BNDW) at 0.95%. This indicates that XUHY.DE's price experiences larger fluctuations and is considered to be riskier than BNDW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| XUHY.DE | BNDW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.11% | 0.95% | +0.16% |
Volatility (6M)Calculated over the trailing 6-month period | 4.26% | 4.19% | +0.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.16% | 5.82% | +0.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.49% | 8.06% | +0.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.75% | 7.83% | +4.92% |
XUHY.DE vs. BNDW - Expense Ratio Comparison
XUHY.DE has a 0.20% expense ratio, which is higher than BNDW's 0.05% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
XUHY.DE vs. BNDW - Dividend Comparison
XUHY.DE's dividend yield for the trailing twelve months is around 6.60%, more than BNDW's 4.20% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
BNDW Vanguard Total World Bond ETF | 4.20% | 4.12% | 3.90% | 3.73% | 2.02% | 2.58% | 1.56% | 3.05% | 1.66% |
XUHY.DE Xtrackers USD High Yield Corporate Bond UCITS ETF 1D | 6.60% | 6.60% | 7.39% | 6.02% | 6.13% | 9.09% | 5.94% | 4.80% | 0.00% |
Frequently Asked Questions
XUHY.DE and BNDW have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BNDW is cheaper at 0.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BNDW is cheaper with a 0.05% expense ratio, compared with 0.20% for XUHY.DE.
XUHY.DE is categorized as High Yield Bonds, while BNDW is Global Bonds. XUHY.DE tracks Bloomberg US Corporate High Yield TR USD, while BNDW tracks Bloomberg Global Aggregate Float Adjusted Composite Index. They also come from different issuers: Xtrackers and Vanguard. Their fees differ too: 0.20% for XUHY.DE and 0.05% for BNDW.
Find the right allocation for XUHY.DE and BNDW
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer