CGHY vs. IBHD

Last updated Jun 5, 2026

CGHY (Capital Group High Yield Bond ETF) and IBHD (iShares iBonds 2024 Term High Yield & Income ETF) are both High Yield Bonds funds. CGHY charges 0.39%/yr vs 0.35%/yr for IBHD.

Performance

CGHY vs. IBHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Capital Group High Yield Bond ETF (CGHY) and iShares iBonds 2024 Term High Yield & Income ETF (IBHD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CGHY

• 1D: 0.22%
• 1M: 0.58%
• YTD: 2.11%
• 6M: 2.60%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IBHD

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CGHY vs. IBHD - Yearly Performance Comparison

	2026 (YTD)
CGHY Capital Group High Yield Bond ETF	1.48%
IBHD iShares iBonds 2024 Term High Yield & Income ETF	0.00%

Return for Risk

CGHY vs. IBHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Capital Group High Yield Bond ETF (CGHY) and iShares iBonds 2024 Term High Yield & Income ETF (IBHD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	CGHY	IBHD	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.92	—	—

Drawdowns

CGHY vs. IBHD - Drawdown Comparison

The maximum CGHY drawdown since its inception was -2.38%, which is greater than IBHD's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for CGHY and IBHD.

Drawdown Indicators

	CGHY	IBHD	Difference
Max Drawdown Largest peak-to-trough decline	-2.38%	0.00%	-2.38%
Current Drawdown Current decline from peak	-0.14%	0.00%	-0.14%
Average Drawdown Average peak-to-trough decline	-0.31%	0.00%	-0.31%

Volatility

Volatility by Period

	CGHY	IBHD	Difference
Volatility (1Y) Calculated over the trailing 1-year period	3.33%	0.00%	+3.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.33%	0.00%	+3.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.33%	0.00%	+3.33%

CGHY vs. IBHD - Expense Ratio Comparison

CGHY has a 0.39% expense ratio, which is higher than IBHD's 0.35% expense ratio.

Dividends

CGHY vs. IBHD - Dividend Comparison

CGHY's dividend yield for the trailing twelve months is around 5.07%, while IBHD has not paid dividends to shareholders.

Position	TTM	2025
CGHY Capital Group High Yield Bond ETF	5.07%	3.09%
IBHD iShares iBonds 2024 Term High Yield & Income ETF	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, CGHY or IBHD?

On fees, IBHD is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CGHY or IBHD?

IBHD is cheaper with a 0.35% expense ratio, compared with 0.39% for CGHY.

Which ETF pays a higher dividend yield, CGHY or IBHD?

CGHY has the higher dividend yield at 5.07%, compared with 0.00% for IBHD.

What is the main difference between CGHY and IBHD?

They also come from different issuers: Capital Group and iShares. Their fees differ too: 0.39% for CGHY and 0.35% for IBHD.