EYEG vs. IBDS

Last updated Jun 4, 2026

EYEG (AB Corporate Bond ETF) and IBDS (iShares iBonds Dec 2027 Term Corporate ETF) are both Corporate Bonds funds. EYEG is actively managed, while IBDS is passively managed. Over the past year, EYEG returned 5.83% vs 4.57% for IBDS. A 0.74 correlation means they provide meaningful diversification when combined. EYEG charges 0.30%/yr vs 0.10%/yr for IBDS.

Performance

EYEG vs. IBDS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AB Corporate Bond ETF (EYEG) and iShares iBonds Dec 2027 Term Corporate ETF (IBDS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EYEG achieves a 0.37% return, which is significantly lower than IBDS's 1.23% return.

EYEG

• 1D: -0.22%
• 1M: 0.60%
• YTD: 0.37%
• 6M: 0.15%
• 1Y: 5.83%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IBDS

• 1D: -0.04%
• 1M: 0.31%
• YTD: 1.23%
• 6M: 1.61%
• 1Y: 4.57%
• 3Y*: 5.28%
• 5Y*: 1.45%
• 10Y*: —

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

EYEG vs. IBDS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
EYEG AB Corporate Bond ETF	0.37%	7.42%	3.17%	1.41%
IBDS iShares iBonds Dec 2027 Term Corporate ETF	1.23%	5.86%	4.61%	0.78%

Correlation

The correlation between EYEG and IBDS is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.67
Correlation (All Time) Calculated using the full available price history since Dec 14, 2023	0.74

The correlation between EYEG and IBDS has been stable across timeframes, ranging from 0.67 to 0.74 - a consistent structural relationship.

Return for Risk

EYEG vs. IBDS — Risk / Return Rank

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

EYEG

EYEG Risk / Return Rank: 38
EYEG Sharpe Ratio Rank: 37
EYEG Sortino Ratio Rank: 39
EYEG Omega Ratio Rank: 35
EYEG Calmar Ratio Rank: 42
EYEG Martin Ratio Rank: 39

IBDS

IBDS Risk / Return Rank: 97
IBDS Sharpe Ratio Rank: 96
IBDS Sortino Ratio Rank: 98
IBDS Omega Ratio Rank: 98
IBDS Calmar Ratio Rank: 97
IBDS Martin Ratio Rank: 97

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.

EYEG vs. IBDS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AB Corporate Bond ETF (EYEG) and iShares iBonds Dec 2027 Term Corporate ETF (IBDS). 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.

	EYEG	IBDS	Difference
Sharpe ratio: Return per unit of total volatility	1.34	4.19	-2.85
Sortino ratio: Return per unit of downside risk	1.98	8.04	-6.06
Omega ratio: Gain probability vs. loss probability	1.23	2.09	-0.86
Calmar ratio: Return relative to maximum drawdown	2.06	10.55	-8.49
Martin ratio: Return relative to average drawdown	6.03	48.73	-42.71
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EYEG vs. IBDS - Sharpe Ratio Comparison

The current EYEG Sharpe Ratio is 1.34, which is lower than the IBDS Sharpe Ratio of 4.19. The chart below compares the historical Sharpe Ratios of EYEG and IBDS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	EYEG	IBDS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.34	4.19	-2.85
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.35	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.92	0.57	+0.35

Drawdowns

EYEG vs. IBDS - Drawdown Comparison

The maximum EYEG drawdown since its inception was -4.66%, smaller than the maximum IBDS drawdown of -16.75%. Use the drawdown chart below to compare losses from any high point for EYEG and IBDS.

Drawdown Indicators

	EYEG	IBDS	Difference
Max Drawdown Largest peak-to-trough decline	-4.66%	-16.75%	+12.09%
Max Drawdown (1Y) Largest decline over 1 year	-2.84%	-0.43%	-2.41%
Max Drawdown (3Y) Largest decline over 3 years	—	-2.27%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-14.98%	—
Current Drawdown Current decline from peak	-0.94%	-0.06%	-0.88%
Average Drawdown Average peak-to-trough decline	-1.25%	-3.36%	+2.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.97%	0.09%	+0.88%

Volatility

EYEG vs. IBDS - Volatility Comparison

AB Corporate Bond ETF (EYEG) has a higher volatility of 1.41% compared to iShares iBonds Dec 2027 Term Corporate ETF (IBDS) at 0.15%. This indicates that EYEG's price experiences larger fluctuations and is considered to be riskier than IBDS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EYEG	IBDS	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.41%	0.15%	+1.26%
Volatility (6M) Calculated over the trailing 6-month period	3.17%	0.64%	+2.53%
Volatility (1Y) Calculated over the trailing 1-year period	4.36%	1.10%	+3.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.47%	4.18%	+1.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.47%	5.55%	-0.08%

EYEG vs. IBDS - Expense Ratio Comparison

EYEG has a 0.30% expense ratio, which is higher than IBDS's 0.10% expense ratio.

Dividends

EYEG vs. IBDS - Dividend Comparison

EYEG's dividend yield for the trailing twelve months is around 4.94%, more than IBDS's 4.32% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
EYEG AB Corporate Bond ETF	4.94%	4.94%	6.07%	0.25%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IBDS iShares iBonds Dec 2027 Term Corporate ETF	4.32%	4.36%	4.37%	3.81%	2.87%	2.19%	2.66%	3.32%	3.66%	0.97%

Frequently Asked Questions

Can I hold both EYEG and IBDS in my portfolio?

EYEG and IBDS have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EYEG or IBDS?

EYEG has higher volatility (1.41%) compared to IBDS (0.15%). In terms of maximum drawdown, EYEG dropped -4.66% vs IBDS's -16.75%.

Which ETF is better, EYEG or IBDS?

On 1-year performance, EYEG leads with 5.83% vs 4.57% for IBDS. On fees, IBDS is cheaper at 0.10% per year. On volatility, IBDS has been the lower-risk option at 0.15%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, EYEG or IBDS?

Over the 1-year period, EYEG has performed better with a 5.83% return vs 4.57%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, EYEG or IBDS?

IBDS is cheaper with a 0.10% expense ratio, compared with 0.30% for EYEG.

Which ETF pays a higher dividend yield, EYEG or IBDS?

EYEG has the higher dividend yield at 4.94%, compared with 4.32% for IBDS.

What is the main difference between EYEG and IBDS?

They also come from different issuers: AllianceBernstein and iShares. Their fees differ too: 0.30% for EYEG and 0.10% for IBDS.

Which has better risk-adjusted returns?

IBDS currently has the higher Sharpe Ratio (4.19 vs 1.34), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.