iShares iBonds 2032 Term High Yield and Income ETF (IBHL) belongs to the High Yield Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with IBHL. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to IBHL
IBHL charges 0.35% annually. There are 24 ETFs in the High Yield Bonds category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Schwab High Yield Bond ETF | 0.03% | 2.60B | Jul 2023 | IBHL vs SCYB | |
| SPDR Portfolio High Yield Bond ETF | 0.05% | 11.10B | Jun 2012 | IBHL vs SPHY | |
| Nuveen High Yield Corporate Bond ETF | 0.08% | 1.69B | Sep 2025 | IBHL vs NHYB | |
| Xtrackers USD High Yield Corporate Bond ETF | 0.15% | 3.49B | Dec 2016 | IBHL vs HYLB | |
| iShares Broad USD High Yield Corporate Bond ETF | 0.15% | 28.01B | Oct 2017 | IBHL vs USHY |
Best Risk-Adjusted Alternatives to IBHL
IBHL has a PortfoliosLab risk / return rank of 51. There are 62 ETFs in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco BulletShares 2026 High Yield Corp Bond ETF | 95 | 962.59M | Aug 2018 | IBHL vs BSJQ | |
| iShares iBonds 1-5 Year High Yield and Income Ladd... | 86 | 9.36M | Nov 2024 | IBHL vs LDRH | |
| Pacific Global Senior Loan ETF | 85 | 624.90M | Feb 2015 | IBHL vs FLRT | |
| WisdomTree Interest Rate Hedged High Yield Bond Fu... | 85 | 239.72M | Dec 2013 | IBHL vs HYZD | |
| Putnam ESG High Yield ETF - | 84 | 7.62M | Jan 2023 | IBHL vs PHYD |
Top Performing IBHL Alternatives (YTD)
IBHL is at 1.17% YTD. There are 80 ETFs in the High Yield Bonds category with higher YTD returns, going as high as 11.75%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Digital Asset Debt Strategy ETF | 11.75% | — | Aug 2025 | IBHL vs DADS | |
| VanEck Vectors Emerging Markets High Yield Bond ET... | 4.12% | 522.05M | May 2012 | IBHL vs HYEM | |
| ProShares High Yield-Interest Rate Hedged | 3.51% | 174.87M | May 2013 | IBHL vs HYHG | |
| Principal Active High Yield ETF | 3.38% | 566.30M | Jul 2015 | IBHL vs YLD | |
| Fidelity Sustainable High Yield ETF | 3.38% | 125.35M | Feb 2022 | IBHL vs FSYD |
Lowest Volatility Alternatives to IBHL
IBHL has 4.15% 1-year volatility. There are 76 ETFs in the High Yield Bonds category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Xtrackers J.P. Morgan ESG USD High Yield Corporate... | 0.00% | 6.49M | Mar 2015 | IBHL vs ESHY | |
| Invesco BulletShares 2026 High Yield Corp Bond ETF | 1.35% | 962.59M | Aug 2018 | IBHL vs BSJQ | |
| Pacific Global Senior Loan ETF | 1.59% | 624.90M | Feb 2015 | IBHL vs FLRT | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | 2.08% | 847.56M | Sep 2019 | IBHL vs BSJR | |
| iShares iBonds 2027 Term High Yield and Income ETF | 2.09% | 500.53M | Jul 2021 | IBHL vs IBHG |
Lowest Drawdown Alternatives to IBHL
IBHL has a 1-year max drawdown of -3.03%. There are 68 ETFs in the High Yield Bonds category with shallower 1-year drawdowns, going as shallow as -0.54%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco BulletShares 2026 High Yield Corp Bond ETF | -0.54% | 962.59M | Aug 2018 | IBHL vs BSJQ | |
| iShares iBonds 2027 Term High Yield and Income ETF | -0.73% | 500.53M | Jul 2021 | IBHL vs IBHG | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | -1.16% | 847.56M | Sep 2019 | IBHL vs BSJR | |
| iShares iBonds 2028 Term High Yield and Income ETF | -1.22% | 452.61M | Mar 2022 | IBHL vs IBHH | |
| iShares iBonds 1-5 Year High Yield and Income Ladd... | -1.23% | 9.36M | Nov 2024 | IBHL vs LDRH |
Other ETFs from iShares
The 10 most viewed iShares ETFs shown here include SGOV, IBIT, IVV and span 14 categories. AUM among these funds goes as high as $838B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | Ultrashort Bond | 100 | 1.72% | 95.28B | May 2020 | IBHL vs SGOV | |
| iShares Bitcoin Trust ETF | Cryptocurrency | 2 | -31.78% | 48.04B | Jan 2024 | IBHL vs IBIT | |
| iShares Core S&P 500 ETF | S&P 500 | 60 | 8.13% | 837.93B | May 2000 | IBHL vs IVV | |
| iShares Semiconductor ETF | Semiconductors, Technology Equities | 95 | 99.95% | 46.67B | Jul 2001 | IBHL vs SOXX | |
| iShares 20+ Year Treasury Bond ETF | Government Bonds, Long-Term Bond | 16 | 2.15% | 41.34B | Jul 2002 | IBHL vs TLT | |
| iShares Core Dividend Growth ETF | Large Cap Growth Equities, Dividend | 78 | 9.37% | 41.89B | Jun 2014 | IBHL vs DGRO | |
| iShares Silver Trust | Silver, Precious Metals | 28 | -19.62% | 32.53B | Apr 2006 | IBHL vs SLV | |
| iShares Gold Trust | Gold, Precious Metals | 21 | -7.61% | 64.29B | Jan 2005 | IBHL vs IAU | |
| iShares Russell 2000 ETF | Small Cap Blend Equities | 70 | 21.03% | 81.35B | May 2000 | IBHL vs IWM | |
| iShares MSCI ACWI ETF | Global Equities | 59 | 9.71% | 32.95B | Mar 2008 | IBHL vs ACWI |
Often Compared With IBHL
Investors most often compare IBHL with XEON.DE, BSJO, FTSL. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare IBHL with Any Fund or Stock
Compare IBHL with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair IBHL with funds that move differently
iShares iBonds 2032 Term High Yield and Income ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to IBHL.
Explore IBHL Diversifiers