Xtrackers High Beta High Yield Bond ETF (HYUP) Performance
HYUP total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −1.9% since Dec 31, 2025
- 1 year
- −0.4% total return
- 5 years
- +3.5% a year
- Since first price
- +4.4% a year since 2018
HYUP trailing returns vs SPY, QQQ, AGG
| Period | HYUP total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −2.4% | −3.0% | −1.0% | −5.0% | +0.9% |
| 3 months | −3.4% | −5.2% | +3.2% | +1.9% | −0.4% |
| 6 months | −3.2% | −6.9% | +7.8% | +8.4% | −1.5% |
| YTD | −1.9% | −7.2% | +12.3% | +15.1% | −1.0% |
| 1 year | −0.4% | −7.5% | +14.4% | +15.9% | −1.1% |
| 3 years | +28.8%+8.8%/yr | +2.5% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +18.5%+3.5%/yr | −17.9% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionJan 11, 2018 | +45.7%+4.4%/yr | −21.8% | — | — | — |
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: HYUP vs SPY
From Jan 11, 2018: HYUP grew to $14,568, SPY to $31,429.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
HYUP returns by calendar year
6 of 7 full years positive. Best 2019 (+16.5%), worst 2022 (−13.3%). 2026 is year to date.
HYUP annual returns table
| Year | HYUP | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −1.9% | −4.6% | +12.3% | +15.1% | −1.0% |
| 2025 | +8.8% | −6.0% | +17.7% | +20.8% | +7.2% |
| 2024 | +10.3% | −2.6% | +24.9% | +25.6% | +1.3% |
| 2023 | +14.6% | −5.7% | +26.2% | +54.9% | +5.7% |
| 2022 | −13.3% | −17.7% | −18.2% | −32.6% | −13.0% |
| 2021 | +5.1% | −2.8% | +28.7% | +27.4% | −1.8% |
| 2020 | +5.7% | −24.8% | +18.3% | +48.6% | +7.5% |
| 2019 | +16.5% | −2.3% | +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.
HYUP largest drawdowns
Now 4.5% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 20, 2020 | −24.8% | Mar 23, 2020 | Nov 9, 2020 | 32 days | 9 months |
| Dec 27, 2021 | −18.1% | Sep 27, 2022 | Mar 1, 2024 | 9 months | 2.2 years |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
HYUP risk statistics
| Statistic | 3 years | 5 years | Since 2018 |
|---|---|---|---|
| Annualized return | +8.4% | +3.5% | +4.5% |
| Volatility (annualized) | 5.7% | 8.9% | 9.4% |
| Sharpe ratio | 0.69 | 0.03 | 0.25 |
| Sortino ratio | 1.16 | 0.04 | 0.34 |
| Best month | +5.0% | +7.4% | +7.4% |
| Worst month | −3.7% | −8.4% | −13.3% |
| Best 12 months | +19.5% | +19.5% | +26.5% |
| Worst 12 months | −0.0% | −17.0% | −17.0% |
| Positive months | 67% | 58% | 64% |
| Beta vs S&P 500 | 0.33 | 0.47 | — |
| Correlation with S&P 500 | 0.70 | 0.82 | — |
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.
HYUP rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 94 | −17.0% | +7.3% | +26.5% | 79% |
| 3-year (a year) | 70 | −1.8% | +5.1% | +12.7% | 93% |
| 5-year (a year) | 46 | +2.3% | +4.2% | +7.7% | 100% |
Every holding period starting at a month-end since 2018. Returns for 3 years and longer are annualized.
HYUP performance overview
Xtrackers High Beta High Yield Bond ETF (HYUP) returned −0.4% 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 +4.4% a year, turning $10,000 into about $14,568. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −24.8%, from Feb 20, 2020 to Mar 23, 2020, and it took 8 months to get back to the old high. HYUP finished 6 of its 7 full calendar years with a gain; the best year was 2019 (+16.5%) and the worst 2022 (−13.3%). Volatility has been 9.4% a year.
Related: HYUP chart, HYUP dividends. See the HYUP overview for the latest quote and fund facts.
HYUP performance FAQ
What is the HYUP return over the past year?
HYUP returned −0.4% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 7.5%.
What is the average annual return of HYUP?
HYUP has returned +3.5% a year over 5 years, +4.4% a year since January 11, 2018 (total return, distributions reinvested).
How much would $10,000 invested in HYUP be worth?
$10,000 invested in HYUP at its first recorded close on January 11, 2018 would be worth about $14,568 on October 23, 2026 with distributions reinvested.
What was the worst year for HYUP?
The worst calendar year was 2022, with a total return of −13.3%. The best was 2019 at +16.5%.
What is the biggest drawdown of HYUP?
The largest peak-to-trough decline was −24.8% between February 20, 2020 and March 23, 2020. It recovered to the old high on November 9, 2020, 8 months after the bottom.
How volatile is HYUP?
Over the past 3 years HYUP had an annualized volatility of 5.7% and a Sharpe ratio of 0.69 (excess return over 1–3 month T-bills per unit of risk).