XZHY.DE vs. GB1E.DE
Compare and contrast key facts about Xtrackers ESG USD High Yield Corporate Bond UCITS ETF 1C (XZHY.DE) and Invesco Global High Yield Corporate Bond ESG Climate Transition UCITS ETF EUR PfHdg Acc (GB1E.DE).
XZHY.DE and GB1E.DE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XZHY.DE is a passively managed fund by Xtrackers that tracks the performance of the Bloomberg MSCI US High Yield Sustainable and SRI. It was launched on Jul 6, 2022. GB1E.DE is a passively managed fund by Invesco that tracks the performance of the Bloomberg MSCI Global High Yield Liquid Corporate Climate Transition ESG Bond Index. It was launched on Apr 12, 2023. Both XZHY.DE and GB1E.DE 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
XZHY.DE vs. GB1E.DE - Performance Comparison
Loading graphics...
XZHY.DE vs. GB1E.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
XZHY.DE Xtrackers ESG USD High Yield Corporate Bond UCITS ETF 1C | 0.99% | -3.17% | 13.38% | 6.74% |
GB1E.DE Invesco Global High Yield Corporate Bond ESG Climate Transition UCITS ETF EUR PfHdg Acc | -1.32% | 5.84% | 5.89% | 6.21% |
Returns By Period
In the year-to-date period, XZHY.DE achieves a 0.99% return, which is significantly higher than GB1E.DE's -1.32% return.
XZHY.DE
- 1D
- -0.04%
- 1M
- -0.07%
- YTD
- 0.99%
- 6M
- 2.12%
- 1Y
- -0.29%
- 3Y*
- 5.69%
- 5Y*
- —
- 10Y*
- —
GB1E.DE
- 1D
- 0.46%
- 1M
- -1.32%
- YTD
- -1.32%
- 6M
- -0.58%
- 1Y
- 3.38%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
XZHY.DE vs. GB1E.DE - Expense Ratio Comparison
XZHY.DE has a 0.25% expense ratio, which is lower than GB1E.DE's 0.30% expense ratio.
Return for Risk
XZHY.DE vs. GB1E.DE — Risk / Return Rank
XZHY.DE
GB1E.DE
XZHY.DE vs. GB1E.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Xtrackers ESG USD High Yield Corporate Bond UCITS ETF 1C (XZHY.DE) and Invesco Global High Yield Corporate Bond ESG Climate Transition UCITS ETF EUR PfHdg Acc (GB1E.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.
| XZHY.DE | GB1E.DE | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.03 | 0.77 | -0.80 |
Sortino ratioReturn per unit of downside risk | 0.01 | 1.07 | -1.06 |
Omega ratioGain probability vs. loss probability | 1.00 | 1.16 | -0.16 |
Calmar ratioReturn relative to maximum drawdown | -0.05 | 1.07 | -1.12 |
Martin ratioReturn relative to average drawdown | -0.13 | 4.50 | -4.63 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| XZHY.DE | GB1E.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.03 | 0.77 | -0.80 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.43 | 1.33 | -0.90 |
Correlation
The correlation between XZHY.DE and GB1E.DE is 0.25, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
XZHY.DE vs. GB1E.DE - Dividend Comparison
Neither XZHY.DE nor GB1E.DE has paid dividends to shareholders.
Drawdowns
XZHY.DE vs. GB1E.DE - Drawdown Comparison
The maximum XZHY.DE drawdown since its inception was -11.51%, which is greater than GB1E.DE's maximum drawdown of -4.31%. Use the drawdown chart below to compare losses from any high point for XZHY.DE and GB1E.DE.
Loading graphics...
Drawdown Indicators
| XZHY.DE | GB1E.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -11.51% | -4.31% | -7.20% |
Max Drawdown (1Y)Largest decline over 1 year | -7.04% | -3.49% | -3.55% |
Current DrawdownCurrent decline from peak | -5.04% | -2.24% | -2.80% |
Average DrawdownAverage peak-to-trough decline | -4.50% | -0.56% | -3.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.93% | 0.74% | +1.19% |
Volatility
XZHY.DE vs. GB1E.DE - Volatility Comparison
The current volatility for Xtrackers ESG USD High Yield Corporate Bond UCITS ETF 1C (XZHY.DE) is 1.77%, while Invesco Global High Yield Corporate Bond ESG Climate Transition UCITS ETF EUR PfHdg Acc (GB1E.DE) has a volatility of 1.96%. This indicates that XZHY.DE experiences smaller price fluctuations and is considered to be less risky than GB1E.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| XZHY.DE | GB1E.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.77% | 1.96% | -0.19% |
Volatility (6M)Calculated over the trailing 6-month period | 4.09% | 2.71% | +1.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.32% | 4.40% | +3.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.69% | 4.17% | +3.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.69% | 4.17% | +3.52% |