XUHY.L vs. SPHY
Compare and contrast key facts about Xtrackers USD High Yield Corporate Bond UCITS ETF 1D (XUHY.L) and SPDR Portfolio High Yield Bond ETF (SPHY).
XUHY.L and SPHY 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. SPHY is a passively managed fund by State Street that tracks the performance of the ICE BofAML US High Yield Index. It was launched on Jun 18, 2012. Both XUHY.L and SPHY 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 SPHY.
Key characteristics
| XUHY.L | SPHY | |
|---|---|---|
| YTD Return | 7.47% | 9.00% |
| 1Y Return | 14.36% | 15.61% |
| 3Y Return (Ann) | 2.43% | 3.28% |
| 5Y Return (Ann) | 3.87% | 4.89% |
| Sharpe Ratio | 2.74 | 3.26 |
| Sortino Ratio | 4.26 | 5.19 |
| Omega Ratio | 1.57 | 1.66 |
| Calmar Ratio | 2.14 | 2.94 |
| Martin Ratio | 21.79 | 26.90 |
| Ulcer Index | 0.66% | 0.55% |
| Daily Std Dev | 5.23% | 4.57% |
| Max Drawdown | -22.78% | -21.97% |
| Current Drawdown | -0.02% | 0.00% |
Correlation
The correlation between XUHY.L and SPHY is 0.51, 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. SPHY - Performance Comparison
In the year-to-date period, XUHY.L achieves a 7.47% return, which is significantly lower than SPHY's 9.00% 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. SPHY - Expense Ratio Comparison
XUHY.L has a 0.20% expense ratio, which is higher than SPHY's 0.10% 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. SPHY - 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 SPDR Portfolio High Yield Bond ETF (SPHY). 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. SPHY - Dividend Comparison
XUHY.L's dividend yield for the trailing twelve months is around 7.44%, less than SPHY's 7.74% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.00% | 0.00% | 0.00% |
SPHY SPDR Portfolio High Yield Bond ETF | 7.74% | 7.30% | 6.46% | 5.13% | 5.63% | 5.73% | 4.09% | 4.41% | 4.28% | 4.29% | 3.98% | 4.40% |
Drawdowns
XUHY.L vs. SPHY - Drawdown Comparison
The maximum XUHY.L drawdown since its inception was -22.78%, roughly equal to the maximum SPHY drawdown of -21.97%. Use the drawdown chart below to compare losses from any high point for XUHY.L and SPHY. For additional features, visit the drawdowns tool.
Volatility
XUHY.L vs. SPHY - Volatility Comparison
Xtrackers USD High Yield Corporate Bond UCITS ETF 1D (XUHY.L) has a higher volatility of 1.40% compared to SPDR Portfolio High Yield Bond ETF (SPHY) at 1.05%. This indicates that XUHY.L's price experiences larger fluctuations and is considered to be riskier than SPHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.