CPHY vs. LDRH

Last updated Jul 12, 2026

CPHY (F/m Compoundr High Yield Bond ETF) and LDRH (iShares iBonds 1-5 Year High Yield and Income Ladder ETF) are both High Yield Bonds funds - CPHY tracks the Nasdaq Compoundr U.S. High Yield Bond Index while LDRH tracks the BlackRock iBonds 1-5 Year High Yield and Income Ladder Index. Both are passively managed. Their correlation of 0.85 suggests significant overlap in exposure. Both charge a 0.35% expense ratio.

Performance

CPHY vs. LDRH - 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 1-5 Year High Yield and Income Ladder ETF (LDRH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CPHY achieves a 0.72% return, which is significantly lower than LDRH's 2.11% return.

CPHY

• 1D: -0.10%
• 1M: 0.15%
• 6M: 0.27%
• YTD: 0.72%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

LDRH

• 1D: -0.10%
• 1M: 0.15%
• 6M: 1.82%
• YTD: 2.11%
• 1Y: 5.66%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CPHY vs. LDRH - Yearly Performance Comparison

	2026 (YTD)	2025
CPHY F/m Compoundr High Yield Bond ETF	0.72%	2.43%
LDRH iShares iBonds 1-5 Year High Yield and Income Ladder ETF	2.11%	2.82%

Correlation

The correlation between CPHY and LDRH is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Aug 12, 2025	0.85

Return for Risk

CPHY vs. LDRH — Risk / Return Rank

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

CPHY

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

LDRH

LDRH Risk / Return Rank: 90
LDRH Sharpe Ratio Rank: 86
LDRH Sortino Ratio Rank: 92
LDRH Omega Ratio Rank: 87
LDRH Calmar Ratio Rank: 91
LDRH Martin Ratio Rank: 93

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.

CPHY vs. LDRH - 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 1-5 Year High Yield and Income Ladder ETF (LDRH). 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.

	CPHY	LDRH	Difference
Sharpe ratio: Return per unit of total volatility	—	2.19	—
Sortino ratio: Return per unit of downside risk	—	3.52	—
Omega ratio: Gain probability vs. loss probability	—	1.42	—
Calmar ratio: Return relative to maximum drawdown	—	4.65	—
Martin ratio: Return relative to average drawdown	—	19.16	—

Drawdowns

CPHY vs. LDRH - Drawdown Comparison

The maximum CPHY drawdown since its inception was -2.51%, smaller than the maximum LDRH drawdown of -3.17%. Use the drawdown chart below to compare losses from any high point for CPHY and LDRH.

Drawdown Indicators

	CPHY	LDRH	Difference
Max Drawdown Largest peak-to-trough decline	-2.51%	-3.17%	+0.66%
Max Drawdown (1Y) Largest decline over 1 year	—	-1.23%	—
Current Drawdown Current decline from peak	-0.27%	-0.22%	-0.05%
Average Drawdown Average peak-to-trough decline	-0.54%	-0.23%	-0.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.30%	—

Volatility

Volatility by Period

	CPHY	LDRH	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.61%	—
Volatility (6M) Calculated over the trailing 6-month period	—	1.96%	—
Volatility (1Y) Calculated over the trailing 1-year period	3.50%	2.61%	+0.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.50%	3.44%	+0.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.50%	3.44%	+0.06%

CPHY vs. LDRH - Expense Ratio Comparison

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

Dividends

CPHY vs. LDRH - Dividend Comparison

CPHY has not paid dividends to shareholders, while LDRH's dividend yield for the trailing twelve months is around 6.96%.

Position	TTM	2025	2024
CPHY F/m Compoundr High Yield Bond ETF	0.00%	0.00%	0.00%
LDRH iShares iBonds 1-5 Year High Yield and Income Ladder ETF	6.96%	6.41%	1.13%

Frequently Asked Questions

Can I hold both CPHY and LDRH in my portfolio?

CPHY and LDRH have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CPHY or LDRH?

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 LDRH?

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

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

LDRH has the higher dividend yield at 6.96%, compared with 0.00% for CPHY.

What is the main difference between CPHY and LDRH?

CPHY tracks Nasdaq Compoundr U.S. High Yield Bond Index, while LDRH tracks BlackRock iBonds 1-5 Year High Yield and Income Ladder Index. They also come from different issuers: F/m Investments and iShares.