GHYB vs. RBIL
GHYB (Goldman Sachs Access High Yield Corporate Bond ETF) and RBIL (F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF) are both exchange-traded funds - GHYB is a High Yield Bonds fund tracking the FTSE Goldman Sachs High Yield Corporate Bond Index, while RBIL is a Inflation-Protected Bonds fund tracking the Bloomberg US Ultrashort TIPS 1-13 Months Index. Both are passively managed. Over the past year, GHYB returned 6.69% vs 3.95% for RBIL. At a correlation of -0.20, they often move in opposite directions. GHYB charges 0.34%/yr vs 0.17%/yr for RBIL.
Performance
GHYB vs. RBIL - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GHYB achieves a 1.58% return, which is significantly lower than RBIL's 2.31% return.
GHYB
- 1D
- -0.05%
- 1M
- 0.60%
- YTD
- 1.58%
- 6M
- 1.78%
- 1Y
- 6.69%
- 3Y*
- 8.97%
- 5Y*
- 3.99%
- 10Y*
- —
RBIL
- 1D
- -0.05%
- 1M
- -0.20%
- YTD
- 2.31%
- 6M
- 2.35%
- 1Y
- 3.95%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GHYB vs. RBIL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GHYB Goldman Sachs Access High Yield Corporate Bond ETF | 1.58% | 7.34% |
RBIL F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF | 2.31% | 2.85% |
Correlation
The correlation between GHYB and RBIL is -0.22, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.22 |
Correlation (All Time) Calculated using the full available price history since Feb 25, 2025 | -0.20 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GHYB vs. RBIL — Risk / Return Rank
GHYB
RBIL
GHYB vs. RBIL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Access High Yield Corporate Bond ETF (GHYB) and F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF (RBIL). 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.
| GHYB | RBIL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.27 | ||
| Sortino ratioReturn per unit of downside risk | -3.55 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 2.06 | -0.69 |
| Calmar ratioReturn relative to maximum drawdown | 2.51 | 7.59 | -5.07 |
| Martin ratioReturn relative to average drawdown | 11.43 | 44.07 | -32.65 |
Loading charts...
Drawdowns
GHYB vs. RBIL - Drawdown Comparison
The maximum GHYB drawdown since its inception was -21.48%, which is greater than RBIL's maximum drawdown of -0.52%. Use the drawdown chart below to compare losses from any high point for GHYB and RBIL.
Loading charts...
Drawdown Indicators
| GHYB | RBIL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.48% | -0.52% | -20.96% |
Max Drawdown (1Y)Largest decline over 1 year | -2.67% | -0.52% | -2.15% |
Max Drawdown (3Y)Largest decline over 3 years | -4.66% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -16.08% | — | — |
Current DrawdownCurrent decline from peak | -0.07% | -0.51% | +0.44% |
Average DrawdownAverage peak-to-trough decline | -2.56% | -0.07% | -2.49% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.59% | 0.09% | +0.50% |
Volatility
GHYB vs. RBIL - Volatility Comparison
Goldman Sachs Access High Yield Corporate Bond ETF (GHYB) has a higher volatility of 0.93% compared to F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF (RBIL) at 0.36%. This indicates that GHYB's price experiences larger fluctuations and is considered to be riskier than RBIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| GHYB | RBIL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.93% | 0.36% | +0.57% |
Volatility (6M)Calculated over the trailing 6-month period | 2.78% | 0.85% | +1.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.52% | 0.95% | +2.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.70% | 1.07% | +6.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.26% | 1.07% | +7.19% |
GHYB vs. RBIL - Expense Ratio Comparison
GHYB has a 0.34% expense ratio, which is higher than RBIL's 0.17% expense ratio.
Dividends
GHYB vs. RBIL - Dividend Comparison
GHYB's dividend yield for the trailing twelve months is around 6.78%, more than RBIL's 4.38% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
GHYB Goldman Sachs Access High Yield Corporate Bond ETF | 6.78% | 7.00% | 6.65% | 6.20% | 5.67% | 4.46% | 4.75% | 5.57% | 5.68% | 1.45% |
RBIL F/m Ultrashort Treasury Inflation-Protected Security (TIPS) ETF | 4.38% | 3.65% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
GHYB and RBIL have a correlation of -0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GHYB has higher volatility (0.93%) compared to RBIL (0.36%). In terms of maximum drawdown, GHYB dropped -21.48% vs RBIL's -0.52%.
On 1-year performance, GHYB leads with 6.69% vs 3.95% for RBIL. On fees, RBIL is cheaper at 0.17% per year. On volatility, RBIL has been the lower-risk option at 0.36%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, GHYB has performed better with a 6.69% return vs 3.95%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
RBIL is cheaper with a 0.17% expense ratio, compared with 0.34% for GHYB.
GHYB has the higher dividend yield at 6.78%, compared with 4.38% for RBIL.
GHYB is categorized as High Yield Bonds, while RBIL is Inflation-Protected Bonds. GHYB tracks FTSE Goldman Sachs High Yield Corporate Bond Index, while RBIL tracks Bloomberg US Ultrashort TIPS 1-13 Months Index. They also come from different issuers: Goldman Sachs and F/m. Their fees differ too: 0.34% for GHYB and 0.17% for RBIL.
RBIL currently has the higher Sharpe Ratio (4.18 vs 1.91), 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.
Find the right allocation for GHYB and RBIL
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer