HYXF vs. IBHD

Last updated Jun 4, 2026

HYXF (iShares ESG Advanced High Yield Corporate Bond ETF) and IBHD (iShares iBonds 2024 Term High Yield & Income ETF) are both High Yield Bonds funds from iShares - HYXF tracks the Bloomberg MSCI US High Yield Corporate Choice ESG Screened while IBHD tracks the Bloomberg 2024 Term High Yield and Income Index. Both are passively managed. Both charge a 0.35% expense ratio.

Performance

HYXF vs. IBHD - Performance Comparison

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

Returns By Period

HYXF

• 1D: -0.24%
• 1M: 0.34%
• YTD: 0.91%
• 6M: 1.51%
• 1Y: 5.86%
• 3Y*: 8.56%
• 5Y*: 3.66%
• 10Y*: —

IBHD

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

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

HYXF vs. IBHD - Yearly Performance Comparison

	2026 (YTD)
HYXF iShares ESG Advanced High Yield Corporate Bond ETF	0.53%
IBHD iShares iBonds 2024 Term High Yield & Income ETF	0.00%

Return for Risk

HYXF vs. IBHD — Risk / Return Rank

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

HYXF

HYXF Risk / Return Rank: 49
HYXF Sharpe Ratio Rank: 45
HYXF Sortino Ratio Rank: 48
HYXF Omega Ratio Rank: 46
HYXF Calmar Ratio Rank: 47
HYXF Martin Ratio Rank: 59

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.

HYXF vs. IBHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares ESG Advanced High Yield Corporate Bond ETF (HYXF) 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.

	HYXF	IBHD	Difference
Sharpe ratio: Return per unit of total volatility	1.56	—	—
Sortino ratio: Return per unit of downside risk	2.35	—	—
Omega ratio: Gain probability vs. loss probability	1.29	—	—
Calmar ratio: Return relative to maximum drawdown	2.29	—	—
Martin ratio: Return relative to average drawdown	10.32	—	—
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

	HYXF	IBHD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.56	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.46	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.61	—	—

Drawdowns

HYXF vs. IBHD - Drawdown Comparison

The maximum HYXF drawdown since its inception was -18.75%, which is greater than IBHD's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for HYXF and IBHD.

Drawdown Indicators

	HYXF	IBHD	Difference
Max Drawdown Largest peak-to-trough decline	-18.75%	0.00%	-18.75%
Max Drawdown (1Y) Largest decline over 1 year	-2.57%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-4.81%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-16.00%	—	—
Current Drawdown Current decline from peak	-0.27%	0.00%	-0.27%
Average Drawdown Average peak-to-trough decline	-2.58%	0.00%	-2.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.57%	—	—

Volatility

Volatility by Period

	HYXF	IBHD	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.15%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.93%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.78%	0.00%	+3.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.04%	0.00%	+8.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.32%	0.00%	+8.32%

HYXF vs. IBHD - Expense Ratio Comparison

Both HYXF and IBHD have an expense ratio of 0.35%.

Dividends

HYXF vs. IBHD - Dividend Comparison

HYXF's dividend yield for the trailing twelve months is around 6.09%, while IBHD has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
HYXF iShares ESG Advanced High Yield Corporate Bond ETF	6.09%	6.19%	6.40%	5.93%	5.37%	4.56%	4.96%	5.29%	6.14%	5.85%	3.16%
IBHD iShares iBonds 2024 Term High Yield & Income ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, HYXF or IBHD?

Both ETFs have the same 0.35% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HYXF or IBHD?

HYXF and IBHD have the same expense ratio: 0.35% per year.

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

HYXF has the higher dividend yield at 6.09%, compared with 0.00% for IBHD.

What is the main difference between HYXF and IBHD?

HYXF tracks Bloomberg MSCI US High Yield Corporate Choice ESG Screened, while IBHD tracks Bloomberg 2024 Term High Yield and Income Index.