iShares iBonds 2032 Term High Yield and Income ETF (IBHL) Sharpe Ratio: 1.33

IBHL's Sharpe Ratio of 1.33 indicates that for each unit of volatility, it generates 1.33 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jul 22, 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.

IBHL Sharpe Ratio Rank

Average

IBHL ranks above 50.0% of all investments in our database based on Sharpe Ratio over the past 12 months, showing balanced returns relative to total risk taken. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

Strong returns with low total volatility → Higher rank
High volatility (both upside and downside) → Lower rank
Consistent returns → Higher rank than volatile returns of same magnitude
Sharp drawdowns increase volatility → Lower rank

What you can do with this information

Returns are proportional to volatility—neither strong nor weak
Evaluate whether the volatility profile aligns with your risk tolerance
Review higher-ranked alternatives in the same category
Monitor rank direction to identify improving or deteriorating trends

IBHL Sharpe Ratio Market Positioning

The chart shows IBHL'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%): 0.64 or lower
Yellow zone (middle 50%): 0.64 to 1.84
Green zone (top 25%): 1.84 or higher
Top 1%: 6.31+
Median: 1.33 — half of all investments score higher

How it compares to other similar ETFs

The table compares iShares iBonds 2032 Term High Yield and Income ETF's Sharpe Ratio with other ETFs in the High Yield Bonds category across multiple time periods, showing how IBHL'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 Jul 22, 2026.

Symbol	Name	1Y Sharpe Ratio
BSJQ	Invesco BulletShares 2026 High Yield Corp Bond ETF	2.98
HYZD	WisdomTree Interest Rate Hedged High Yield Bond Fund	2.33
BSJR	Invesco BulletShares 2027 High Yield Corporate Bond ETF	2.16
HYGW	iShares High Yield Corporate Bond Buywrite Strategy ETF	2.12
LDRH	iShares iBonds 1-5 Year High Yield and Income Ladder ETF	2.02
IBHG	iShares iBonds 2027 Term High Yield and Income ETF	2.01
BSJS	Invesco BulletShares 2028 High Yield Corporate Bond ETF	1.99
FDHY	Fidelity Enhanced High Yield ETF	1.97
BRHY	iShares High Yield Active ETF	1.96
JPHY	JPMorgan High Yield Research Enhanced ETF	1.96
IBHL	iShares iBonds 2032 Term High Yield and Income ETF	1.33

Benchmark

S&P 500 Index

Lookback Period

How to choose period

Historical Sharpe Ratio

The chart shows IBHL'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 IBHL consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

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