HYRM vs. IBHD

Last updated Jul 12, 2026

HYRM (Xtrackers Risk Managed USD High Yield Strategy ETF) and IBHD (iShares iBonds 2024 Term High Yield & Income ETF) are both High Yield Bonds funds - HYRM tracks the Adaptive Wealth Strategies Risk Managed High Yield Index - USD - US Dollar - Benchmark TR Net while IBHD tracks the Bloomberg 2024 Term High Yield and Income Index. Both are passively managed. HYRM charges 0.30%/yr vs 0.35%/yr for IBHD.

Performance

HYRM vs. IBHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Xtrackers Risk Managed USD High Yield Strategy ETF (HYRM) and iShares iBonds 2024 Term High Yield & Income ETF (IBHD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

HYRM

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IBHD

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HYRM vs. IBHD - Yearly Performance Comparison

	2026 (YTD)
HYRM Xtrackers Risk Managed USD High Yield Strategy ETF	1.04%
IBHD iShares iBonds 2024 Term High Yield & Income ETF	0.00%

Return for Risk

HYRM vs. IBHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Xtrackers Risk Managed USD High Yield Strategy ETF (HYRM) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

Volatility

HYRM vs. IBHD - Expense Ratio Comparison

HYRM has a 0.30% expense ratio, which is lower than IBHD's 0.35% expense ratio.

Dividends

HYRM vs. IBHD - Dividend Comparison

HYRM's dividend yield for the trailing twelve months is around 5.42%, while IBHD has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
HYRM Xtrackers Risk Managed USD High Yield Strategy ETF	5.42%	6.28%	6.08%	5.78%	4.69%
IBHD iShares iBonds 2024 Term High Yield & Income ETF	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, HYRM or IBHD?

On fees, HYRM is cheaper at 0.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HYRM or IBHD?

HYRM is cheaper with a 0.30% expense ratio, compared with 0.35% for IBHD.

Which ETF pays a higher dividend yield, HYRM or IBHD?

HYRM has the higher dividend yield at 5.42%, compared with 0.00% for IBHD.

What is the main difference between HYRM and IBHD?

HYRM tracks Adaptive Wealth Strategies Risk Managed High Yield Index - USD - US Dollar - Benchmark TR Net, while IBHD tracks Bloomberg 2024 Term High Yield and Income Index. They also come from different issuers: Xtrackers and iShares. Their fees differ too: 0.30% for HYRM and 0.35% for IBHD.