EVHY vs. IBHD
EVHY (Eaton Vance High Yield ETF) and IBHD (iShares iBonds 2024 Term High Yield & Income ETF) are both High Yield Bonds funds. EVHY is actively managed, while IBHD is passively managed. EVHY charges 0.48%/yr vs 0.35%/yr for IBHD.
Performance
EVHY vs. IBHD - Performance Comparison
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Returns By Period
EVHY
- 1D
- -0.02%
- 1M
- -0.28%
- 6M
- 1.34%
- YTD
- 1.65%
- 1Y
- 5.41%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 9.28%
IBHD
- 1D
- —
- 1M
- —
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $177.50K | $146.90K | $289.49K |
EVHY vs. IBHD - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
EVHY Eaton Vance High Yield ETF | 1.33% |
IBHD iShares iBonds 2024 Term High Yield & Income ETF | 0.00% |
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Return for Risk
EVHY vs. IBHD — Risk / Return Rank
EVHY
IBHD
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
EVHY vs. IBHD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance High Yield ETF (EVHY) 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.
| EVHY | IBHD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.32 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 2.19 | — | — |
| Martin ratioReturn relative to average drawdown | 10.54 | — | — |
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Drawdowns
EVHY vs. IBHD - Drawdown Comparison
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Drawdown Indicators
| EVHY | IBHD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.71% | — | — |
Max Drawdown (1Y)Largest decline over 1 year | -2.51% | — | — |
Current DrawdownCurrent decline from peak | -0.29% | — | — |
Average DrawdownAverage peak-to-trough decline | -0.36% | — | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.52% | — | — |
Volatility
EVHY vs. IBHD - Volatility Comparison
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Volatility by Period
| EVHY | IBHD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.71% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 2.74% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.37% | — | — |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.45% | — | — |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.45% | — | — |
EVHY vs. IBHD - Expense Ratio Comparison
EVHY has a 0.48% expense ratio, which is higher than IBHD's 0.35% expense ratio.
Dividends
EVHY vs. IBHD - Dividend Comparison
EVHY's dividend yield for the trailing twelve months is around 7.19%, while IBHD has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
EVHY Eaton Vance High Yield ETF | 7.19% | 7.39% | 7.66% | 1.44% |
IBHD iShares iBonds 2024 Term High Yield & Income ETF | 0.00% | 0.00% | 0.00% | 0.00% |
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 0.48% for EVHY.
EVHY has the higher dividend yield at 7.19%, compared with 0.00% for IBHD.
They also come from different issuers: Eaton Vance and iShares. Their fees differ too: 0.48% for EVHY and 0.35% for IBHD.
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