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iShares iBonds 2025 Term High Yield & Income ETF (IBHE) Sharpe Ratio: 3.89
Delisted

ETF · Currency in USD · Last updated Jun 23, 2026

IBHE is a passive ETF by iShares tracking the investment results of the Bloomberg 2025 Term High Yield and Income Index. IBHE launched on May 7, 2019 and has a 0.35% expense ratio.

IBHE's Sharpe Ratio of 3.89 indicates that for each unit of volatility, it generates 3.89 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 23, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

IBHE Sharpe Ratio Market Positioning

The chart shows IBHE's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.86 or lower
  • Yellow zone (middle 50%): 0.86 to 2.31
  • Green zone (top 25%): 2.31 or higher
  • Top 1%: 7.21+
  • Median: 1.68 — half of all investments score higher

How it compares to other similar ETFs

The table compares iShares iBonds 2025 Term High Yield & Income ETF's Sharpe Ratio with other ETFs in the High Yield Bonds category across multiple time periods, showing how IBHE's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 23, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
FLRTPacific Global Senior Loan ETF3.59
BSJQInvesco BulletShares 2026 High Yield Corp Bond ETF3.21
HYZDWisdomTree Interest Rate Hedged High Yield Bond Fund2.58
LDRHiShares iBonds 1-5 Year High Yield and Income Ladder ETF2.41
FSYDFidelity Sustainable High Yield ETF2.38
HYGWiShares High Yield Corporate Bond Buywrite Strategy ETF2.33
BRHYiShares High Yield Active ETF2.31
FHYSFederated Hermes Short Duration High Yield ETF2.29
PHYDPutnam ESG High Yield ETF -2.28
HYEMVanEck Vectors Emerging Markets High Yield Bond ETF2.26
IBHEiShares iBonds 2025 Term High Yield & Income ETF—

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows IBHE's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when IBHE consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does IBHE fit in your portfolio?

Add your other holdings to see your portfolio's Sharpe Ratio and find out.

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