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CGHY vs. IBHD
Performance
Return for Risk
Drawdowns
Volatility
Dividends

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.

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Returns By Period


CGHY

1D
-0.20%
1M
0.09%
6M
1.82%
YTD
2.14%
1Y
6.22%
3Y*
5Y*
10Y*

IBHD

1D
1M
6M
YTD
1Y
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

CGHY vs. IBHD - Yearly Performance Comparison


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Return for Risk

CGHY vs. IBHD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CGHY
CGHY Risk / Return Rank: 7575
Overall Rank
CGHY Sharpe Ratio Rank: 7373
Sharpe Ratio Rank
CGHY Sortino Ratio Rank: 8383
Sortino Ratio Rank
CGHY Omega Ratio Rank: 7878
Omega Ratio Rank
CGHY Calmar Ratio Rank: 6464
Calmar Ratio Rank
CGHY Martin Ratio Rank: 7878
Martin Ratio Rank

IBHD

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

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


CGHYIBHDDifference
Sharpe ratioReturn per unit of total volatility

Sortino ratioReturn per unit of downside risk

Omega ratioGain probability vs. loss probability

1.37

Calmar ratioReturn relative to maximum drawdown

2.58

Martin ratioReturn relative to average drawdown

11.76

CGHY vs. IBHD - Sharpe Ratio Comparison


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Drawdowns

CGHY vs. IBHD - Drawdown Comparison


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Drawdown Indicators


CGHYIBHDDifference

Max Drawdown

Largest peak-to-trough decline

-2.38%

Max Drawdown (1Y)

Largest decline over 1 year

-2.38%

Current Drawdown

Current decline from peak

-0.24%

Average Drawdown

Average peak-to-trough decline

-0.30%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.52%

Volatility

CGHY vs. IBHD - Volatility Comparison


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Volatility by Period


CGHYIBHDDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.71%

Volatility (6M)

Calculated over the trailing 6-month period

2.69%

Volatility (1Y)

Calculated over the trailing 1-year period

3.30%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

3.28%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

3.28%

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 5.46%, while IBHD has not paid dividends to shareholders.


Frequently Asked Questions


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.

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

CGHY has the higher dividend yield at 5.46%, compared with 0.00% for IBHD.

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

Portfolio Optimizer

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