XYLD.L vs. ICBU.L

Last updated Apr 2, 2026

Compare and contrast key facts about Xtrackers USD Corporate Bond Short Duration SRI PAB UCITS ETF 1D (XYLD.L) and iShares USD Intermediate Credit Bond UCITS ETF (ICBU.L).

XYLD.L and ICBU.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XYLD.L is a passively managed fund by Xtrackers that tracks the performance of the Bloomberg US Corp Bond TR USD. It was launched on Mar 6, 2018. ICBU.L is a passively managed fund by iShares that tracks the performance of the Bloomberg US Corp Bond TR USD. It was launched on Apr 25, 2017. Both XYLD.L and ICBU.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

XYLD.L vs. ICBU.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers USD Corporate Bond Short Duration SRI PAB UCITS ETF 1D (XYLD.L) and iShares USD Intermediate Credit Bond UCITS ETF (ICBU.L). The values are adjusted to include any dividend payments, if applicable.

XYLD.L vs. ICBU.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
XYLD.L Xtrackers USD Corporate Bond Short Duration SRI PAB UCITS ETF 1D	0.18%	6.19%	4.89%	5.76%	-8.70%	0.36%	10.29%	17.18%	-1.70%
ICBU.L iShares USD Intermediate Credit Bond UCITS ETF	-0.22%	7.60%	4.08%	6.74%	-9.04%	-1.35%	6.50%	9.92%	1.11%

Returns By Period

In the year-to-date period, XYLD.L achieves a 0.18% return, which is significantly higher than ICBU.L's -0.22% return.

XYLD.L

• 1D: 0.03%
• 1M: -0.37%
• YTD: 0.18%
• 6M: 1.35%
• 1Y: 4.46%
• 3Y*: 5.13%
• 5Y*: 2.05%
• 10Y*: —

ICBU.L

• 1D: 0.33%
• 1M: -0.92%
• YTD: -0.22%
• 6M: 0.90%
• 1Y: 5.08%
• 3Y*: 5.31%
• 5Y*: 1.80%
• 10Y*: —

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

XYLD.L vs. ICBU.L - Expense Ratio Comparison

XYLD.L has a 0.16% expense ratio, which is higher than ICBU.L'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%.

XYLD.L

Xtrackers USD Corporate Bond Short Duration SRI PAB UCITS ETF 1D

ICBU.L

iShares USD Intermediate Credit Bond UCITS ETF

Return for Risk

XYLD.L vs. ICBU.L — Risk / Return Rank

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

XYLD.L

XYLD.L Risk / Return Rank: 90
XYLD.L Sharpe Ratio Rank: 88
XYLD.L Sortino Ratio Rank: 92
XYLD.L Omega Ratio Rank: 89
XYLD.L Calmar Ratio Rank: 88
XYLD.L Martin Ratio Rank: 93

ICBU.L

ICBU.L Risk / Return Rank: 70
ICBU.L Sharpe Ratio Rank: 69
ICBU.L Sortino Ratio Rank: 67
ICBU.L Omega Ratio Rank: 73
ICBU.L Calmar Ratio Rank: 66
ICBU.L Martin Ratio Rank: 76

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.

XYLD.L vs. ICBU.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers USD Corporate Bond Short Duration SRI PAB UCITS ETF 1D (XYLD.L) and iShares USD Intermediate Credit Bond UCITS ETF (ICBU.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.

	XYLD.L	ICBU.L	Difference
Sharpe ratio Return per unit of total volatility	1.94	1.30	+0.64
Sortino ratio Return per unit of downside risk	2.85	1.77	+1.08
Omega ratio Gain probability vs. loss probability	1.39	1.29	+0.10
Calmar ratio Return relative to maximum drawdown	3.17	1.87	+1.29
Martin ratio Return relative to average drawdown	15.07	8.96	+6.11
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

XYLD.L vs. ICBU.L - Sharpe Ratio Comparison

The current XYLD.L Sharpe Ratio is 1.94, which is higher than the ICBU.L Sharpe Ratio of 1.30. The chart below compares the historical Sharpe Ratios of XYLD.L and ICBU.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	XYLD.L	ICBU.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.94	1.30	+0.64
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.63	0.42	+0.21
Sharpe Ratio (All Time) Calculated using the full available price history	0.69	0.60	+0.08

Correlation

The correlation between XYLD.L and ICBU.L is 0.68, 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.

Dividends

XYLD.L vs. ICBU.L - Dividend Comparison

XYLD.L's dividend yield for the trailing twelve months is around 3.78%, less than ICBU.L's 4.45% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
XYLD.L Xtrackers USD Corporate Bond Short Duration SRI PAB UCITS ETF 1D	3.78%	3.61%	3.34%	2.88%	6.03%	3.88%	3.78%	2.92%	0.00%	0.00%
ICBU.L iShares USD Intermediate Credit Bond UCITS ETF	4.45%	4.21%	3.78%	2.77%	1.93%	1.93%	2.78%	2.93%	2.65%	0.44%

Drawdowns

XYLD.L vs. ICBU.L - Drawdown Comparison

The maximum XYLD.L drawdown since its inception was -18.93%, which is greater than ICBU.L's maximum drawdown of -13.92%. Use the drawdown chart below to compare losses from any high point for XYLD.L and ICBU.L.

Drawdown Indicators

	XYLD.L	ICBU.L	Difference
Max Drawdown Largest peak-to-trough decline	-18.93%	-13.92%	-5.01%
Max Drawdown (1Y) Largest decline over 1 year	-1.42%	-2.66%	+1.24%
Max Drawdown (5Y) Largest decline over 5 years	-12.38%	-13.92%	+1.54%
Current Drawdown Current decline from peak	-0.58%	-1.32%	+0.74%
Average Drawdown Average peak-to-trough decline	-3.18%	-2.82%	-0.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.30%	0.56%	-0.26%

Volatility

XYLD.L vs. ICBU.L - Volatility Comparison

The current volatility for Xtrackers USD Corporate Bond Short Duration SRI PAB UCITS ETF 1D (XYLD.L) is 0.70%, while iShares USD Intermediate Credit Bond UCITS ETF (ICBU.L) has a volatility of 1.46%. This indicates that XYLD.L experiences smaller price fluctuations and is considered to be less risky than ICBU.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	XYLD.L	ICBU.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.70%	1.46%	-0.76%
Volatility (6M) Calculated over the trailing 6-month period	1.37%	2.01%	-0.64%
Volatility (1Y) Calculated over the trailing 1-year period	2.29%	3.89%	-1.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.24%	4.26%	-1.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.88%	4.42%	+1.46%