XUHY.L vs. HYLB
Compare and contrast key facts about Xtrackers USD High Yield Corporate Bond UCITS ETF 1D (XUHY.L) and Xtrackers USD High Yield Corporate Bond ETF (HYLB).
XUHY.L and HYLB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XUHY.L is a passively managed fund by Xtrackers that tracks the performance of the Bloomberg US Corporate High Yield TR USD. It was launched on Feb 6, 2018. HYLB is a passively managed fund by DWS that tracks the performance of the Solactive USD High Yield Corporates Total Market Index. It was launched on Dec 7, 2016. Both XUHY.L and HYLB are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XUHY.L or HYLB.
Key characteristics
| XUHY.L | HYLB | |
|---|---|---|
| YTD Return | 7.49% | 8.06% |
| 1Y Return | 14.58% | 14.67% |
| 3Y Return (Ann) | 2.63% | 2.79% |
| 5Y Return (Ann) | 3.88% | 3.79% |
| Sharpe Ratio | 2.75 | 2.73 |
| Daily Std Dev | 5.70% | 5.33% |
| Max Drawdown | -22.78% | -22.91% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between XUHY.L and HYLB is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
XUHY.L vs. HYLB - Performance Comparison
In the year-to-date period, XUHY.L achieves a 7.49% return, which is significantly lower than HYLB's 8.06% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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XUHY.L vs. HYLB - Expense Ratio Comparison
XUHY.L has a 0.20% expense ratio, which is higher than HYLB's 0.15% 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%.
Risk-Adjusted Performance
XUHY.L vs. HYLB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers USD High Yield Corporate Bond UCITS ETF 1D (XUHY.L) and Xtrackers USD High Yield Corporate Bond ETF (HYLB). 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.
Dividends
XUHY.L vs. HYLB - Dividend Comparison
XUHY.L's dividend yield for the trailing twelve months is around 7.44%, more than HYLB's 5.93% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
XUHY.L Xtrackers USD High Yield Corporate Bond UCITS ETF 1D | 7.44% | 5.89% | 6.12% | 9.57% | 5.49% | 4.83% | 0.00% | 0.00% | 0.00% |
HYLB Xtrackers USD High Yield Corporate Bond ETF | 5.93% | 5.84% | 5.53% | 4.45% | 5.23% | 5.71% | 5.95% | 5.85% | 0.27% |
Drawdowns
XUHY.L vs. HYLB - Drawdown Comparison
The maximum XUHY.L drawdown since its inception was -22.78%, roughly equal to the maximum HYLB drawdown of -22.91%. Use the drawdown chart below to compare losses from any high point for XUHY.L and HYLB. For additional features, visit the drawdowns tool.
Volatility
XUHY.L vs. HYLB - Volatility Comparison
The current volatility for Xtrackers USD High Yield Corporate Bond UCITS ETF 1D (XUHY.L) is 0.92%, while Xtrackers USD High Yield Corporate Bond ETF (HYLB) has a volatility of 1.05%. This indicates that XUHY.L experiences smaller price fluctuations and is considered to be less risky than HYLB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.