XUHY.L vs. 5QQQ.L

Last updated Jun 5, 2026

XUHY.L (Xtrackers USD High Yield Corporate Bond UCITS ETF 1D) and 5QQQ.L (Leverage Shares 5x Long Nasdaq 100 ETP Securities) are both exchange-traded funds - XUHY.L is a High Yield Bonds fund tracking the Bloomberg US Corporate High Yield TR USD, while 5QQQ.L is a Nasdaq-100 fund actively managed by Leverage Shares. XUHY.L is passively managed, while 5QQQ.L is actively managed. Over the past 3 years, XUHY.L returned 8.86%/yr vs 74.25%/yr for 5QQQ.L. A 0.55 correlation means they provide meaningful diversification when combined. XUHY.L charges 0.20%/yr vs 0.75%/yr for 5QQQ.L.

Performance

XUHY.L vs. 5QQQ.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers USD High Yield Corporate Bond UCITS ETF 1D (XUHY.L) and Leverage Shares 5x Long Nasdaq 100 ETP Securities (5QQQ.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

XUHY.L is traded in USD, while 5QQQ.L is traded in GBp. To make them comparable, the 5QQQ.L values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, XUHY.L achieves a 1.63% return, which is significantly lower than 5QQQ.L's 91.62% return.

XUHY.L

• 1D: 0.08%
• 1M: 0.28%
• YTD: 1.63%
• 6M: 2.42%
• 1Y: 7.61%
• 3Y*: 8.86%
• 5Y*: 3.95%
• 10Y*: —

5QQQ.L

• 1D: -3.31%
• 1M: 33.72%
• YTD: 91.62%
• 6M: 77.43%
• 1Y: 199.35%
• 3Y*: 74.25%
• 5Y*: —
• 10Y*: —

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

XUHY.L vs. 5QQQ.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
XUHY.L Xtrackers USD High Yield Corporate Bond UCITS ETF 1D	1.63%	9.20%	7.08%	13.52%	-11.96%	0.94%
5QQQ.L Leverage Shares 5x Long Nasdaq 100 ETP Securities	91.62%	2.40%	73.88%	427.83%	-96.06%	17.73%

Correlation

The correlation between XUHY.L and 5QQQ.L is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.48
Correlation (3Y) Calculated over the trailing 3-year period	0.46
Correlation (All Time) Calculated using the full available price history since Dec 15, 2021	0.55

The correlation between XUHY.L and 5QQQ.L has been stable across timeframes, ranging from 0.46 to 0.55 - a consistent structural relationship.

Return for Risk

XUHY.L vs. 5QQQ.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

XUHY.L

XUHY.L Risk / Return Rank: 54
XUHY.L Sharpe Ratio Rank: 49
XUHY.L Sortino Ratio Rank: 50
XUHY.L Omega Ratio Rank: 47
XUHY.L Calmar Ratio Rank: 57
XUHY.L Martin Ratio Rank: 69

5QQQ.L

5QQQ.L Risk / Return Rank: 63
5QQQ.L Sharpe Ratio Rank: 74
5QQQ.L Sortino Ratio Rank: 63
5QQQ.L Omega Ratio Rank: 60
5QQQ.L Calmar Ratio Rank: 69
5QQQ.L Martin Ratio Rank: 47

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.

XUHY.L vs. 5QQQ.L - 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.L) and Leverage Shares 5x Long Nasdaq 100 ETP Securities (5QQQ.L). 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.

	XUHY.L	5QQQ.L	Difference
Sharpe ratio: Return per unit of total volatility	1.66	2.32	-0.67
Sortino ratio: Return per unit of downside risk	2.43	2.87	-0.44
Omega ratio: Gain probability vs. loss probability	1.30	1.36	-0.06
Calmar ratio: Return relative to maximum drawdown	2.80	3.33	-0.53
Martin ratio: Return relative to average drawdown	12.55	7.73	+4.82
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XUHY.L vs. 5QQQ.L - Sharpe Ratio Comparison

The current XUHY.L Sharpe Ratio is 1.66, which is comparable to the 5QQQ.L Sharpe Ratio of 2.32. The chart below compares the historical Sharpe Ratios of XUHY.L and 5QQQ.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	XUHY.L	5QQQ.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.66	2.32	-0.67
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.52	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.59	-0.04	+0.62

Drawdowns

XUHY.L vs. 5QQQ.L - Drawdown Comparison

The maximum XUHY.L drawdown since its inception was -22.78%, smaller than the maximum 5QQQ.L drawdown of -96.41%. Use the drawdown chart below to compare losses from any high point for XUHY.L and 5QQQ.L.

Drawdown Indicators

	XUHY.L	5QQQ.L	Difference
Max Drawdown Largest peak-to-trough decline	-22.78%	-96.41%	+73.63%
Max Drawdown (1Y) Largest decline over 1 year	-2.57%	-62.83%	+60.26%
Max Drawdown (3Y) Largest decline over 3 years	-4.78%	-80.22%	+75.44%
Max Drawdown (5Y) Largest decline over 5 years	-16.60%	—	—
Current Drawdown Current decline from peak	-0.14%	-31.89%	+31.75%
Average Drawdown Average peak-to-trough decline	-2.93%	-75.59%	+72.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.58%	27.12%	-26.54%

Volatility

XUHY.L vs. 5QQQ.L - Volatility Comparison

The current volatility for Xtrackers USD High Yield Corporate Bond UCITS ETF 1D (XUHY.L) is 1.45%, while Leverage Shares 5x Long Nasdaq 100 ETP Securities (5QQQ.L) has a volatility of 23.97%. This indicates that XUHY.L experiences smaller price fluctuations and is considered to be less risky than 5QQQ.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XUHY.L	5QQQ.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.45%	23.97%	-22.52%
Volatility (6M) Calculated over the trailing 6-month period	3.45%	58.10%	-54.65%
Volatility (1Y) Calculated over the trailing 1-year period	4.38%	90.01%	-85.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.57%	107.69%	-100.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.62%	107.69%	-99.07%

XUHY.L vs. 5QQQ.L - Expense Ratio Comparison

XUHY.L has a 0.20% expense ratio, which is lower than 5QQQ.L's 0.75% expense ratio.

Dividends

XUHY.L vs. 5QQQ.L - Dividend Comparison

XUHY.L's dividend yield for the trailing twelve months is around 6.64%, while 5QQQ.L has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
5QQQ.L Leverage Shares 5x Long Nasdaq 100 ETP Securities	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
XUHY.L Xtrackers USD High Yield Corporate Bond UCITS ETF 1D	6.64%	6.29%	7.64%	5.89%	6.12%	9.57%	5.49%	4.83%

Frequently Asked Questions

Can I hold both XUHY.L and 5QQQ.L in my portfolio?

XUHY.L and 5QQQ.L have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XUHY.L or 5QQQ.L?

On fees, XUHY.L 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, XUHY.L or 5QQQ.L?

XUHY.L is cheaper with a 0.20% expense ratio, compared with 0.75% for 5QQQ.L.

What is the main difference between XUHY.L and 5QQQ.L?

XUHY.L is categorized as High Yield Bonds, while 5QQQ.L is Nasdaq-100. They also come from different issuers: Xtrackers and Leverage Shares. Their fees differ too: 0.20% for XUHY.L and 0.75% for 5QQQ.L.