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HYBB vs. BBHY
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

HYBB vs. BBHY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares BB Rated Corporate Bond ETF (HYBB) and JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BBHY). The values are adjusted to include any dividend payments, if applicable.

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HYBB vs. BBHY - Yearly Performance Comparison


2026 (YTD)202520242023202220212020
HYBB
iShares BB Rated Corporate Bond ETF
0.01%8.95%6.35%10.53%-10.11%3.36%4.29%
BBHY
JPMorgan BetaBuilders USD High Yield Corporate Bond ETF
0.13%8.51%7.81%11.98%-10.37%3.88%4.03%

Returns By Period

In the year-to-date period, HYBB achieves a 0.01% return, which is significantly lower than BBHY's 0.13% return.


HYBB

1D
0.12%
1M
-0.62%
YTD
0.01%
6M
1.26%
1Y
6.86%
3Y*
7.35%
5Y*
3.59%
10Y*

BBHY

1D
0.18%
1M
-0.25%
YTD
0.13%
6M
1.25%
1Y
7.03%
3Y*
8.25%
5Y*
4.01%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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HYBB vs. BBHY - Expense Ratio Comparison

HYBB has a 0.25% expense ratio, which is higher than BBHY's 0.15% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


Return for Risk

HYBB vs. BBHY — Risk / Return Rank

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

HYBB
HYBB Risk / Return Rank: 7272
Overall Rank
HYBB Sharpe Ratio Rank: 6868
Sharpe Ratio Rank
HYBB Sortino Ratio Rank: 7272
Sortino Ratio Rank
HYBB Omega Ratio Rank: 7878
Omega Ratio Rank
HYBB Calmar Ratio Rank: 6464
Calmar Ratio Rank
HYBB Martin Ratio Rank: 7878
Martin Ratio Rank

BBHY
BBHY Risk / Return Rank: 6868
Overall Rank
BBHY Sharpe Ratio Rank: 6666
Sharpe Ratio Rank
BBHY Sortino Ratio Rank: 6767
Sortino Ratio Rank
BBHY Omega Ratio Rank: 7676
Omega Ratio Rank
BBHY Calmar Ratio Rank: 5656
Calmar Ratio Rank
BBHY Martin Ratio Rank: 7474
Martin Ratio Rank
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.

HYBB vs. BBHY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares BB Rated Corporate Bond ETF (HYBB) and JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BBHY). 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.


HYBBBBHYDifference

Sharpe ratio

Return per unit of total volatility

1.27

1.23

+0.03

Sortino ratio

Return per unit of downside risk

1.92

1.81

+0.12

Omega ratio

Gain probability vs. loss probability

1.32

1.30

+0.01

Calmar ratio

Return relative to maximum drawdown

1.89

1.67

+0.22

Martin ratio

Return relative to average drawdown

9.64

9.00

+0.64

HYBB vs. BBHY - Sharpe Ratio Comparison

The current HYBB Sharpe Ratio is 1.27, which is comparable to the BBHY Sharpe Ratio of 1.23. The chart below compares the historical Sharpe Ratios of HYBB and BBHY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


HYBBBBHYDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.27

1.23

+0.03

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.52

0.56

-0.03

Sharpe Ratio (All Time)

Calculated using the full available price history

0.60

0.63

-0.03

Correlation

The correlation between HYBB and BBHY is 0.95, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Dividends

HYBB vs. BBHY - Dividend Comparison

HYBB's dividend yield for the trailing twelve months is around 6.12%, less than BBHY's 7.13% yield.


TTM2025202420232022202120202019201820172016
HYBB
iShares BB Rated Corporate Bond ETF
6.12%6.08%6.22%6.28%5.04%3.86%0.76%0.00%0.00%0.00%0.00%
BBHY
JPMorgan BetaBuilders USD High Yield Corporate Bond ETF
7.13%7.24%7.18%6.49%5.92%4.06%4.73%4.99%5.02%4.81%1.42%

Drawdowns

HYBB vs. BBHY - Drawdown Comparison

The maximum HYBB drawdown since its inception was -15.28%, smaller than the maximum BBHY drawdown of -24.98%. Use the drawdown chart below to compare losses from any high point for HYBB and BBHY.


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Drawdown Indicators


HYBBBBHYDifference

Max Drawdown

Largest peak-to-trough decline

-15.28%

-24.98%

+9.70%

Max Drawdown (1Y)

Largest decline over 1 year

-2.90%

-3.14%

+0.24%

Max Drawdown (5Y)

Largest decline over 5 years

-15.28%

-15.32%

+0.04%

Current Drawdown

Current decline from peak

-1.05%

-0.87%

-0.18%

Average Drawdown

Average peak-to-trough decline

-3.32%

-2.41%

-0.91%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.73%

0.80%

-0.07%

Volatility

HYBB vs. BBHY - Volatility Comparison

The current volatility for iShares BB Rated Corporate Bond ETF (HYBB) is 1.92%, while JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BBHY) has a volatility of 2.16%. This indicates that HYBB experiences smaller price fluctuations and is considered to be less risky than BBHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


HYBBBBHYDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.92%

2.16%

-0.24%

Volatility (6M)

Calculated over the trailing 6-month period

2.52%

2.80%

-0.28%

Volatility (1Y)

Calculated over the trailing 1-year period

5.44%

5.72%

-0.28%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

6.91%

7.24%

-0.33%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

6.75%

7.58%

-0.83%