CPHY vs. IBHD

Last updated Jun 5, 2026

CPHY (F/m Compoundr High Yield Bond ETF) and IBHD (iShares iBonds 2024 Term High Yield & Income ETF) are both High Yield Bonds funds - CPHY tracks the Nasdaq Compoundr U.S. High Yield Bond Index while IBHD tracks the Bloomberg 2024 Term High Yield and Income Index. Both are passively managed. Both charge a 0.35% expense ratio.

Performance

CPHY vs. IBHD - Performance Comparison

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

Returns By Period

CPHY

• 1D: 0.17%
• 1M: 0.38%
• YTD: 0.42%
• 6M: 0.83%
• 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)

CPHY vs. IBHD - Yearly Performance Comparison

	2026 (YTD)
CPHY F/m Compoundr High Yield Bond ETF	-0.25%
IBHD iShares iBonds 2024 Term High Yield & Income ETF	0.00%

Return for Risk

CPHY vs. IBHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for F/m Compoundr High Yield Bond ETF (CPHY) 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

	CPHY	IBHD	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.95	—	—

Drawdowns

CPHY vs. IBHD - Drawdown Comparison

The maximum CPHY drawdown since its inception was -2.51%, which is greater than IBHD's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for CPHY and IBHD.

Drawdown Indicators

	CPHY	IBHD	Difference
Max Drawdown Largest peak-to-trough decline	-2.51%	0.00%	-2.51%
Current Drawdown Current decline from peak	-0.57%	0.00%	-0.57%
Average Drawdown Average peak-to-trough decline	-0.56%	0.00%	-0.56%

Volatility

Volatility by Period

	CPHY	IBHD	Difference
Volatility (1Y) Calculated over the trailing 1-year period	3.58%	0.00%	+3.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.58%	0.00%	+3.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.58%	0.00%	+3.58%

CPHY vs. IBHD - Expense Ratio Comparison

Both CPHY and IBHD have an expense ratio of 0.35%.

Dividends

CPHY vs. IBHD - Dividend Comparison

Neither CPHY nor IBHD has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Which ETF is better, CPHY or IBHD?

Both ETFs have the same 0.35% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CPHY or IBHD?

CPHY and IBHD have the same expense ratio: 0.35% per year.

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

CPHY and IBHD have nearly identical dividend yields, around 0.00%.

What is the main difference between CPHY and IBHD?

CPHY tracks Nasdaq Compoundr U.S. High Yield Bond Index, while IBHD tracks Bloomberg 2024 Term High Yield and Income Index. They also come from different issuers: F/m Investments and iShares.