XUHY.L vs. XUHY.DE

Last updated Jun 5, 2026

XUHY.L (Xtrackers USD High Yield Corporate Bond UCITS ETF 1D) and XUHY.DE (Xtrackers USD High Yield Corporate Bond UCITS ETF 1D) are both High Yield Bonds funds from Xtrackers tracking the Bloomberg US Corporate High Yield TR USD. Both are passively managed. Over the past 5 years, XUHY.L returned 3.95%/yr vs 3.94%/yr for XUHY.DE. A 0.60 correlation means they provide meaningful diversification when combined. Both charge a 0.20% expense ratio.

Performance

XUHY.L vs. XUHY.DE - 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 Xtrackers USD High Yield Corporate Bond UCITS ETF 1D (XUHY.DE). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

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

Returns By Period

The year-to-date returns for both investments are quite close, with XUHY.L having a 1.63% return and XUHY.DE slightly higher at 1.69%.

XUHY.L

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

XUHY.DE

• 1D: 0.20%
• 1M: 0.36%
• YTD: 1.69%
• 6M: 2.30%
• 1Y: 7.80%
• 3Y*: 8.86%
• 5Y*: 3.94%
• 10Y*: —

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

XUHY.L vs. XUHY.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
XUHY.L Xtrackers USD High Yield Corporate Bond UCITS ETF 1D	1.63%	9.20%	7.08%	13.52%	-11.96%	3.50%	5.99%	15.61%	-0.01%
XUHY.DE Xtrackers USD High Yield Corporate Bond UCITS ETF 1D	1.68%	9.81%	6.26%	12.91%	-11.47%	3.40%	6.18%	16.18%	-0.93%

Correlation

The correlation between XUHY.L and XUHY.DE is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.45
Correlation (3Y) Calculated over the trailing 3-year period	0.51
Correlation (5Y) Calculated over the trailing 5-year period	0.61
Correlation (All Time) Calculated using the full available price history since Feb 15, 2018	0.60

The correlation between XUHY.L and XUHY.DE shifts across timeframes, from 0.45 (1 year) to 0.61 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

XUHY.L vs. XUHY.DE — 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

XUHY.DE

XUHY.DE Risk / Return Rank: 31
XUHY.DE Sharpe Ratio Rank: 28
XUHY.DE Sortino Ratio Rank: 27
XUHY.DE Omega Ratio Rank: 26
XUHY.DE Calmar Ratio Rank: 40
XUHY.DE Martin Ratio Rank: 36

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. XUHY.DE - 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 Xtrackers USD High Yield Corporate Bond UCITS ETF 1D (XUHY.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.

	XUHY.L	XUHY.DE	Difference
Sharpe ratio: Return per unit of total volatility	1.66	1.44	+0.22
Sortino ratio: Return per unit of downside risk	2.43	2.11	+0.32
Omega ratio: Gain probability vs. loss probability	1.30	1.26	+0.04
Calmar ratio: Return relative to maximum drawdown	2.80	2.65	+0.15
Martin ratio: Return relative to average drawdown	12.55	11.35	+1.20
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. XUHY.DE - Sharpe Ratio Comparison

The current XUHY.L Sharpe Ratio is 1.66, which is comparable to the XUHY.DE Sharpe Ratio of 1.44. The chart below compares the historical Sharpe Ratios of XUHY.L and XUHY.DE, 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	XUHY.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.66	1.44	+0.22
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.52	0.48	+0.04
Sharpe Ratio (All Time) Calculated using the full available price history	0.59	0.49	+0.09

Drawdowns

XUHY.L vs. XUHY.DE - Drawdown Comparison

The maximum XUHY.L drawdown since its inception was -22.78%, which is greater than XUHY.DE's maximum drawdown of -20.18%. Use the drawdown chart below to compare losses from any high point for XUHY.L and XUHY.DE.

Drawdown Indicators

	XUHY.L	XUHY.DE	Difference
Max Drawdown Largest peak-to-trough decline	-22.78%	-20.18%	-2.60%
Max Drawdown (1Y) Largest decline over 1 year	-2.57%	-2.94%	+0.37%
Max Drawdown (3Y) Largest decline over 3 years	-4.78%	-7.14%	+2.36%
Max Drawdown (5Y) Largest decline over 5 years	-16.60%	-16.50%	-0.10%
Current Drawdown Current decline from peak	-0.14%	-0.14%	0.00%
Average Drawdown Average peak-to-trough decline	-2.93%	-3.14%	+0.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.58%	0.69%	-0.11%

Volatility

XUHY.L vs. XUHY.DE - Volatility Comparison

Xtrackers USD High Yield Corporate Bond UCITS ETF 1D (XUHY.L) has a higher volatility of 1.45% compared to Xtrackers USD High Yield Corporate Bond UCITS ETF 1D (XUHY.DE) at 1.28%. This indicates that XUHY.L's price experiences larger fluctuations and is considered to be riskier than XUHY.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XUHY.L	XUHY.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.45%	1.28%	+0.17%
Volatility (6M) Calculated over the trailing 6-month period	3.45%	3.88%	-0.43%
Volatility (1Y) Calculated over the trailing 1-year period	4.38%	5.40%	-1.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.57%	8.13%	-0.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.62%	10.97%	-2.35%

XUHY.L vs. XUHY.DE - Expense Ratio Comparison

Both XUHY.L and XUHY.DE have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

XUHY.L vs. XUHY.DE - Dividend Comparison

XUHY.L's dividend yield for the trailing twelve months is around 6.64%, which matches XUHY.DE's 6.62% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
XUHY.DE Xtrackers USD High Yield Corporate Bond UCITS ETF 1D	6.62%	6.60%	7.39%	6.02%	6.14%	9.11%	5.94%	4.81%
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 XUHY.DE in my portfolio?

XUHY.L and XUHY.DE have a correlation of 0.45, 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 XUHY.DE?

Both ETFs have the same 0.20% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XUHY.L or XUHY.DE?

XUHY.L and XUHY.DE have the same expense ratio: 0.20% per year.

What is the main difference between XUHY.L and XUHY.DE?

Both ETFs track Bloomberg US Corporate High Yield TR USD.