Xtrackers Low Beta High Yield Bond ETF (HYDW) Performance
HYDW total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +1.6% since Dec 31, 2025
- 1 year
- +2.8% total return
- 5 years
- +3.5% a year
- Since first price
- +4.0% a year since 2018
HYDW trailing returns vs SPY, QQQ, AGG
| Period | HYDW total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +0.5% | +0.1% | −1.0% | −5.0% | +0.9% |
| 3 months | +0.3% | −1.0% | +3.2% | +1.9% | −0.4% |
| 6 months | +0.7% | −1.9% | +7.8% | +8.4% | −1.5% |
| YTD | +1.6% | −2.4% | +12.3% | +15.1% | −1.0% |
| 1 year | +2.8% | −2.7% | +14.4% | +15.9% | −1.1% |
| 3 years | +25.3%+7.8%/yr | +5.9% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +18.7%+3.5%/yr | −8.8% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionJan 25, 2018 | +40.5%+4.0%/yr | −8.0% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: HYDW vs SPY
From Jan 25, 2018: HYDW grew to $14,055, SPY to $30,632.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
HYDW returns by calendar year
6 of 7 full years positive. Best 2019 (+11.4%), worst 2022 (−7.9%). 2026 is year to date.
HYDW annual returns table
| Year | HYDW | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +1.6% | −2.1% | +12.3% | +15.1% | −1.0% |
| 2025 | +8.5% | −2.7% | +17.7% | +20.8% | +7.2% |
| 2024 | +5.4% | −1.9% | +24.9% | +25.6% | +1.3% |
| 2023 | +9.8% | −4.6% | +26.2% | +54.9% | +5.7% |
| 2022 | −7.9% | −12.5% | −18.2% | −32.6% | −13.0% |
| 2021 | +2.8% | −2.1% | +28.7% | +27.4% | −1.8% |
| 2020 | +5.5% | −17.7% | +18.3% | +48.6% | +7.5% |
| 2019 | +11.4% | −0.8% | +31.2% | +39.0% | +8.5% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
HYDW largest drawdowns
Now 0.9% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 14, 2020 | −17.7% | Mar 23, 2020 | Jul 17, 2020 | 38 days | 5 months |
| Dec 27, 2021 | −12.7% | Sep 27, 2022 | Dec 13, 2023 | 9 months | 2.0 years |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
HYDW risk statistics
| Statistic | 3 years | 5 years | Since 2018 |
|---|---|---|---|
| Annualized return | +7.1% | +3.2% | +3.9% |
| Volatility (annualized) | 3.8% | 6.7% | 6.6% |
| Sharpe ratio | 0.70 | -0.03 | 0.24 |
| Sortino ratio | 1.23 | -0.04 | 0.34 |
| Best month | +4.2% | +5.9% | +5.9% |
| Worst month | −1.7% | −5.4% | −7.9% |
| Best 12 months | +13.5% | +13.5% | +15.1% |
| Worst 12 months | +2.3% | −11.4% | −11.4% |
| Positive months | 72% | 58% | 62% |
| Beta vs S&P 500 | 0.20 | 0.33 | — |
| Correlation with S&P 500 | 0.67 | 0.78 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
HYDW rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 94 | −11.4% | +5.8% | +15.1% | 86% |
| 3-year (a year) | 70 | −1.1% | +3.9% | +8.9% | 96% |
| 5-year (a year) | 46 | +2.4% | +3.3% | +5.2% | 100% |
Every holding period starting at a month-end since 2018. Returns for 3 years and longer are annualized.
HYDW performance overview
Xtrackers Low Beta High Yield Bond ETF (HYDW) returned +2.8% over the past year and +3.5% a year over five years, with distributions reinvested. Since its first recorded price in 2018 it has returned +4.0% a year, turning $10,000 into about $14,055. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −17.7%, from Feb 14, 2020 to Mar 23, 2020, and it took 4 months to get back to the old high. HYDW finished 6 of its 7 full calendar years with a gain; the best year was 2019 (+11.4%) and the worst 2022 (−7.9%). Volatility has been 6.6% a year.
Related: HYDW chart, HYDW dividends. See the HYDW overview for the latest quote and fund facts.
HYDW performance FAQ
What is the HYDW return over the past year?
HYDW returned +2.8% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 2.7%.
What is the average annual return of HYDW?
HYDW has returned +3.5% a year over 5 years, +4.0% a year since January 25, 2018 (total return, distributions reinvested).
How much would $10,000 invested in HYDW be worth?
$10,000 invested in HYDW at its first recorded close on January 25, 2018 would be worth about $14,055 on October 23, 2026 with distributions reinvested.
What was the worst year for HYDW?
The worst calendar year was 2022, with a total return of −7.9%. The best was 2019 at +11.4%.
What is the biggest drawdown of HYDW?
The largest peak-to-trough decline was −17.7% between February 14, 2020 and March 23, 2020. It recovered to the old high on July 17, 2020, 4 months after the bottom.
How volatile is HYDW?
Over the past 3 years HYDW had an annualized volatility of 3.8% and a Sharpe ratio of 0.70 (excess return over 1–3 month T-bills per unit of risk).