HYSD vs. IBHD

Last updated Apr 14, 2026

HYSD (Columbia Short Duration High Yield ETF) and IBHD (iShares iBonds 2024 Term High Yield & Income ETF) are both High Yield Bonds funds. HYSD is actively managed, while IBHD is passively managed. HYSD charges 0.44%/yr vs 0.35%/yr for IBHD.

Performance

HYSD vs. IBHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia Short Duration High Yield ETF (HYSD) and iShares iBonds 2024 Term High Yield & Income ETF (IBHD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

HYSD

• 1D: 0.29%
• 1M: 1.52%
• YTD: 1.26%
• 6M: 2.92%
• 1Y: 9.17%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IBHD

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HYSD vs. IBHD - Yearly Performance Comparison

	2026 (YTD)
HYSD Columbia Short Duration High Yield ETF	0.64%
IBHD iShares iBonds 2024 Term High Yield & Income ETF	0.00%

Return for Risk

HYSD vs. IBHD — Risk / Return Rank

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

HYSD

HYSD Risk / Return Rank: 91
HYSD Sharpe Ratio Rank: 88
HYSD Sortino Ratio Rank: 93
HYSD Omega Ratio Rank: 93
HYSD Calmar Ratio Rank: 89
HYSD Martin Ratio Rank: 92

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.

HYSD vs. IBHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Short Duration High Yield ETF (HYSD) 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.

	HYSD	IBHD	Difference
Sharpe ratio Return per unit of total volatility	3.18	—	—
Sortino ratio Return per unit of downside risk	5.01	—	—
Omega ratio Gain probability vs. loss probability	1.71	—	—
Calmar ratio Return relative to maximum drawdown	5.63	—	—
Martin ratio Return relative to average drawdown	24.56	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	HYSD	IBHD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.18	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.77	—	—

Drawdowns

HYSD vs. IBHD - Drawdown Comparison

The maximum HYSD drawdown since its inception was -2.69%, which is greater than IBHD's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for HYSD and IBHD.

Drawdown Indicators

	HYSD	IBHD	Difference
Max Drawdown Largest peak-to-trough decline	-2.69%	0.00%	-2.69%
Max Drawdown (1Y) Largest decline over 1 year	-1.46%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-0.26%	0.00%	-0.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.33%	—	—

Volatility

Volatility by Period

	HYSD	IBHD	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.46%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.08%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	2.92%	0.00%	+2.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.55%	0.00%	+3.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.55%	0.00%	+3.55%

HYSD vs. IBHD - Expense Ratio Comparison

HYSD has a 0.44% expense ratio, which is higher than IBHD's 0.35% expense ratio.

Dividends

HYSD vs. IBHD - Dividend Comparison

HYSD's dividend yield for the trailing twelve months is around 5.65%, while IBHD has not paid dividends to shareholders.

	TTM	2025	2024
HYSD Columbia Short Duration High Yield ETF	5.65%	5.60%	1.82%
IBHD iShares iBonds 2024 Term High Yield & Income ETF	0.00%	0.00%	0.00%