GBHI vs. IBHE
GBHI (Gabelli High Income ETF) and IBHE (iShares iBonds 2025 Term High Yield & Income ETF) are both High Yield Bonds funds. GBHI is actively managed, while IBHE is passively managed. At a 0.00 correlation, their price movements are largely independent. GBHI charges 0.55%/yr vs 0.35%/yr for IBHE.
Performance
GBHI vs. IBHE - Performance Comparison
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Returns By Period
GBHI
- 1D
- 0.06%
- 1M
- 0.14%
- YTD
- 2.28%
- 6M
- 2.23%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IBHE
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.00%
- 6M
- 0.00%
- 1Y
- 1.91%
- 3Y*
- 5.93%
- 5Y*
- 3.89%
- 10Y*
- —
GBHI vs. IBHE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GBHI Gabelli High Income ETF | 2.28% | 1.27% |
IBHE iShares iBonds 2025 Term High Yield & Income ETF | 0.00% | 0.43% |
Correlation
The correlation between GBHI and IBHE is 0.00, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 17, 2025 | 0.00 |
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Return for Risk
GBHI vs. IBHE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Gabelli High Income ETF (GBHI) and iShares iBonds 2025 Term High Yield & Income ETF (IBHE). 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.
| GBHI | IBHE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 2.32 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 25.02 | — |
| Martin ratioReturn relative to average drawdown | — | 98.47 | — |
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Drawdowns
GBHI vs. IBHE - Drawdown Comparison
The maximum GBHI drawdown since its inception was -2.12%, smaller than the maximum IBHE drawdown of -26.91%. Use the drawdown chart below to compare losses from any high point for GBHI and IBHE.
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Drawdown Indicators
| GBHI | IBHE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.12% | -26.91% | +24.79% |
Max Drawdown (1Y)Largest decline over 1 year | — | -0.11% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -0.94% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -8.51% | — |
Current DrawdownCurrent decline from peak | -0.14% | 0.00% | -0.14% |
Average DrawdownAverage peak-to-trough decline | -0.26% | -1.42% | +1.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.05% | — |
Volatility
GBHI vs. IBHE - Volatility Comparison
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Volatility by Period
| GBHI | IBHE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.00% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 0.38% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.31% | 0.74% | +2.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.31% | 4.87% | -1.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.31% | 11.52% | -8.21% |
GBHI vs. IBHE - Expense Ratio Comparison
GBHI has a 0.55% expense ratio, which is higher than IBHE's 0.35% expense ratio.
Dividends
GBHI vs. IBHE - Dividend Comparison
GBHI's dividend yield for the trailing twelve months is around 1.84%, while IBHE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
GBHI Gabelli High Income ETF | 1.84% | 0.59% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IBHE iShares iBonds 2025 Term High Yield & Income ETF | 2.29% | 4.53% | 6.92% | 7.17% | 5.77% | 4.84% | 5.74% | 3.73% |
Frequently Asked Questions
GBHI and IBHE have a correlation of 0.00, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IBHE is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IBHE is cheaper with a 0.35% expense ratio, compared with 0.55% for GBHI.
IBHE has the higher dividend yield at 2.29%, compared with 1.84% for GBHI.
They also come from different issuers: Gabelli and iShares. Their fees differ too: 0.55% for GBHI and 0.35% for IBHE.
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