DAX vs SHYL

Comparison between GLOBAL X DAX GERMANY ETF (DAX, ETF) and XTRACKERS SHORT DURATION HIGH YIELD BOND ETF (SHYL, ETF).

5-Year PerformanceDAX has outperformed SHYL, delivering a return of +7.4% compared to +4.8%

DAX vs SHYL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	DAX(ETF)	SHYL(ETF)
Net Assets	$262M	$261M
Expense Ratio	0.20%	0.20%
Max Drawdown	48.57%	21.56%
Sharpe Ratio	-0.03	0.63
5Y Beta	0.77	0.21
5Y Dividends CAGR	1.84%	2.27%

Net Assets

Winner

DAX

$262M

SHYL

$261M

Expense Ratio

DAX

0.20%

SHYL

0.20%

Max Drawdown

DAX

48.57%

Winner

SHYL

21.56%

Sharpe Ratio

DAX

-0.03

Winner

SHYL

0.63

5Y Beta

DAX

0.77

Winner

SHYL

0.21

5Y Dividends CAGR

DAX

1.84%

Winner

SHYL

2.27%

DAX vs SHYL - Historical Returns

Returns include dividend reinvestment.

Period	DAX	SHYL
1 month	-1.15%	-0.04%
3 months	+2.02%	+1.00%
6 months	+0.72%	+1.43%
1 year	+1.43%	+5.99%
5 years(CAGR)	+7.43%	+4.85%
10 years(CAGR)	+8.73%	+4.78%
Max(CAGR)	+7.32%	+4.78%

DAX

-1.15%

Winner

SHYL

-0.04%

Winner

DAX

+2.02%

SHYL

+1.00%

DAX

+0.72%

Winner

SHYL

+1.43%

DAX

+1.43%

Winner

SHYL

+5.99%

5Y(CAGR)

Winner

DAX

+7.43%

SHYL

+4.85%

10Y(CAGR)

Winner

DAX

+8.73%

SHYL

+4.78%

Max(CAGR)

Winner

DAX

+7.32%

SHYL

+4.78%

DAX vs SHYL - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	DAX	SHYL
2026	-2.31%	+1.07%
2025	+39.76%	+7.62%
2024	+11.66%	+8.82%
2023	+22.59%	+11.25%
2022	-18.78%	-5.15%
2021	+7.01%	+4.82%
2020	+10.69%	+3.53%
2019	+22.46%	+10.13%
2018	-22.62%	-0.67%
2017	+28.23%	N/A
2016	+6.53%	N/A
2015	-3.62%	N/A
2014	+3.62%	N/A

DAX vs SHYL Drawdown Comparison

The maximum drawdown for DAX was -45.59%, occurring on Mar 18, 2020. Recovery took 737 trading sessions.

The maximum drawdown for SHYL was -19.27%, occurring on Mar 23, 2020. Recovery took 184 trading sessions.

The current DAX drawdown is -5.87%. The current SHYL drawdown is -0.33%.

Rank	DAX	SHYL
#1	-45.59% Jan 24, 2018 - Dec 28, 2020	-19.27% Feb 20, 2020 - Nov 10, 2020
#2	-39.93% Jun 7, 2021 - Mar 7, 2024	-9.59% Dec 27, 2021 - Jul 13, 2023
#3	-24.76% Apr 6, 2015 - Apr 24, 2017	-4.92% Oct 1, 2018 - Jan 30, 2019
#4	-16.03% Mar 18, 2025 - Apr 29, 2025	-4.73% Feb 28, 2025 - May 12, 2025
#5	-14.82% Jan 27, 2026 - Mar 27, 2026	-2.74% Sep 14, 2023 - Nov 3, 2023
#6	-9.10% Dec 1, 2014 - Feb 3, 2015	-1.82% Jan 26, 2018 - Apr 13, 2018
#7	-8.58% Jul 9, 2025 - Jan 5, 2026	-1.79% Mar 20, 2024 - May 3, 2024
#8	-8.10% May 15, 2024 - Aug 23, 2024	-1.59% Jan 22, 2026 - Apr 8, 2026
#9	-7.43% Sep 27, 2024 - Jan 21, 2025	-1.57% Nov 9, 2021 - Dec 23, 2021
#10	-6.23% Mar 27, 2024 - May 9, 2024	-1.28% Dec 5, 2024 - Jan 15, 2025
#11	-5.67% Jan 8, 2021 - Mar 10, 2021	-1.22% Jul 29, 2019 - Aug 29, 2019
#12	-4.04% Feb 3, 2015 - Feb 20, 2015	-1.17% Dec 27, 2023 - Feb 23, 2024
#13	-3.67% Apr 16, 2021 - May 7, 2021	-1.15% Oct 2, 2025 - Oct 24, 2025
#14	-3.63% Mar 2, 2015 - Mar 16, 2015	-1.13% Apr 12, 2019 - Jun 11, 2019
#15	-3.62% Jun 5, 2025 - Jun 26, 2025	-1.11% Jul 31, 2024 - Aug 13, 2024

Correlation

Correlation between DAX and SHYL is 0.95 which considered as a very strong positive correlation - the stocks move almost identically together.

0.95

-101

Dividend Comparison (2015 - 2026)

DAX vs SHYL dividend yield comparison.

Year	DAX	SHYL
2026	0.00%	2.87%
2025	1.47%	7.02%
2024	2.24%	7.26%
2023	2.48%	6.60%
2022	2.80%	5.52%
2021	2.65%	4.65%
2020	2.25%	6.16%
2019	2.47%	5.93%
2018	3.33%	5.54%
2017	1.73%	0.00%
2016	1.78%	0.00%
2015	1.41%	0.00%