EUR High Yield Bond Active UCITS ETF

EUR High Yield Bond Active UCITS ETF

About

EUR High Yield Bond Active UCITS ETF (IE000IEOQSJ3) is a UCITS-compliant bond ETF tracking the ICE BofA Euro Developed Markets High Yield Constrained Index. With a TER of 0.45%, its costs are on the higher end for an ETF, reinvesting dividends. The fund holds 249 positions across 21 regions with 79M in assets.

Score Breakdown

Scores are scaled 1–10 on a logarithmic curve relative to all ETFs in the database. Last updated: Jul 2, 2026
Component Score Details
Overall 6.7 Diversification (45%) · Cost (30%) · Liquidity (25%)
Cost (30%) 7.8 Tracking Difference: 10.0 · TD Consistency: 6.4 · Expense Ratio (TER): 2.4
Diversification (45%) 6.8 Holding Count: 5.5 · Country Concentration: 6.5 · Sector Concentration: 8.8
Liquidity (25%) 5.3 Assets Under Management

Data sources: provider factsheets, exchange data, and NAV history. Information for educational purposes only — not investment advice.

ISIN
Fund Size €79.4M
Issuer JPMorgan
Distribution Re-Invests Dividends
Replication —
Inception Dec 2024
Base Currency EUR
Index ICE BofA Euro Developed Markets High Yield Constrained Index
Asset Class Bonds
Category High Yield Bond

Costs

7.8
This fund has low total costs, with competitive tracking and expense ratios.

Cost Metrics Explained

What TER, tracking difference, and TD consistency measure

TER (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures TER plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.
TER0.00%
Tracking Difference0.00%
TD Consistency0.00%
 
Metric Value
TER 0.45%
Tracking Difference (avg) 0.20%
TD Consistency (std dev) 0.09%

Cumulative Returns

Performance across different time periods.
1 Month+0.00%
3 Months+0.00%
Year to Date+0.00%
1 Year+0.00%
Inception+0.00%
 
Period Cumulative Return
1 Month +0.94%
3 Months +0.13%
6 Months +1.63%
1 Year +4.39%
3 Years —
5 Years —
10 Years —
YTD +1.27%
Since Inception +6.54%

Holdings

5.5
This fund holds 249 individual investments, offering moderate diversification compared to other ETFs.
#1
C
Cash and Cash Equivalent
2.58%
#2
E
ELECTRICITE DE FRANCE SA PNC5.25 MTN RegS
1.57%
#3
B
Bayer AG
1.07%
#4
M
MUNDYS SPA 4.5% Jan30 EMTN
1.04%
#5
E
EDP SA VAR Sep54
1.03%
#6
T
TELEFONICA EU VAR PERP
0.94%
#7
S
SCHAEFFLER 5.375% Apr31 EMTN
0.93%
#8
V
VZ VENDOR 2.875% Jan29
0.86%
#9
F
FORVIA 5.75% 15/03/31 EUR REGS
0.85%
#10
C
CIRSA FINANCE INTERNATIONAL SARL RegS
0.82%

Sectors

8.8
This fund is well-diversified across 13 sectors, with no single sector dominating.
 
Sector Weight
Unknown 5659.00%
Consumer Discretionary 2118.00%
Materials 1231.00%
Industrials 699.00%
Health Care 688.00%
Financials 632.00%
Utilities 399.00%
Consumer Staples 217.00%
Technology 161.00%
Corporate Bonds 153.00%
Energy 130.00%
Real Estate 29.00%
Government Bonds 25.00%

Regions

6.5
This fund invests across 22 countries, though its geographic allocation deviates somewhat from the global market.
 
Country Weight
France 1457.00%
UNKNOWN 1406.00%
United States 1373.00%
Germany 1070.00%
Italy 852.00%
United Kingdom 725.00%
Spain 600.00%
Luxembourg 505.00%
Netherlands 473.00%
Sweden 299.00%
Japan 253.00%
Greece 209.00%
Portugal 178.00%
Ireland 145.00%
Finland 79.00%
Belgium 75.00%
Jersey 72.00%
Austria 56.00%
Switzerland 52.00%
Slovenia 46.00%
Denmark 45.00%
Czechia 30.00%

Nerd Stuff

Advanced risk and return metrics (2024-12-09 — 2026-04-17).
2.0%
Volatility
-3.4%
Max Drawdown
-0.08
Sharpe Ratio
-0.11
Sortino Ratio
-0.05
Calmar Ratio
0.00
Beta
1.92%
Alpha (Jensen's)
0.001
R²
Benchmark-relative metrics (Beta, Alpha, R²) are calculated against the iShares Core S&P 500 ETF (IE00B5BMR087).

Documents

Regulatory and fund documents.
Key Information DocumentFact Sheet

Broker Availability

Where you can buy this ETF.
flatex
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Free
Savings Plan
Free
Account
Free
Trade Republic
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€1.00
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Free
Account
Free
Trading 212
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Free
Savings Plan
Free
Account
Free

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