HYXU vs. IBND

Last updated Jun 3, 2026

HYXU (iShares Euro High Yield Corporate Bond USD Hedged ETF) and IBND (SPDR Bloomberg Barclays International Corporate Bond ETF) are both exchange-traded funds - HYXU is a High Yield Bonds fund tracking the BBG Pan-European High Yield (Euro) Total Return 100% USD Hedged Index, while IBND is a Corporate Bonds fund tracking the Bloomberg Global Aggregate x USD >$1B: Corporate Bond. Both are passively managed. HYXU charges 0.35%/yr vs 0.50%/yr for IBND.

Performance

HYXU vs. IBND - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Euro High Yield Corporate Bond USD Hedged ETF (HYXU) and SPDR Bloomberg Barclays International Corporate Bond ETF (IBND). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

HYXU

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

IBND

• 1D: -0.44%
• 1M: -0.01%
• YTD: -1.08%
• 6M: -0.51%
• 1Y: 2.86%
• 3Y*: 6.69%
• 5Y*: -1.50%
• 10Y*: 0.65%

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

HYXU vs. IBND - Yearly Performance Comparison

	2026 (YTD)
HYXU iShares Euro High Yield Corporate Bond USD Hedged ETF	0.00%
IBND SPDR Bloomberg Barclays International Corporate Bond ETF	-0.77%

Return for Risk

HYXU vs. IBND — Risk / Return Rank

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

IBND

IBND Risk / Return Rank: 13
IBND Sharpe Ratio Rank: 14
IBND Sortino Ratio Rank: 13
IBND Omega Ratio Rank: 13
IBND Calmar Ratio Rank: 14
IBND Martin Ratio Rank: 14

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.

HYXU vs. IBND - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Euro High Yield Corporate Bond USD Hedged ETF (HYXU) and SPDR Bloomberg Barclays International Corporate Bond ETF (IBND). 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.

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

Sharpe Ratios by Period

	HYXU	IBND	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.36	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.15	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.07	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.15	—

Drawdowns

HYXU vs. IBND - Drawdown Comparison

The maximum HYXU drawdown since its inception was 0.00%, smaller than the maximum IBND drawdown of -35.62%. Use the drawdown chart below to compare losses from any high point for HYXU and IBND.

Drawdown Indicators

	HYXU	IBND	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-35.62%	+35.62%
Max Drawdown (1Y) Largest decline over 1 year	—	-6.75%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-9.18%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-34.32%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.62%	—
Current Drawdown Current decline from peak	0.00%	-9.45%	+9.45%
Average Drawdown Average peak-to-trough decline	0.00%	-10.64%	+10.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.46%	—

Volatility

Volatility by Period

	HYXU	IBND	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.04%	—
Volatility (6M) Calculated over the trailing 6-month period	—	6.15%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	7.97%	-7.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	9.74%	-9.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	8.94%	-8.94%

HYXU vs. IBND - Expense Ratio Comparison

HYXU has a 0.35% expense ratio, which is lower than IBND's 0.50% expense ratio.

Dividends

HYXU vs. IBND - Dividend Comparison

HYXU has not paid dividends to shareholders, while IBND's dividend yield for the trailing twelve months is around 2.74%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HYXU iShares Euro High Yield Corporate Bond USD Hedged ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IBND SPDR Bloomberg Barclays International Corporate Bond ETF	2.74%	2.49%	2.61%	2.08%	0.54%	0.38%	0.45%	0.67%	0.71%	0.34%	0.01%	0.01%

Frequently Asked Questions

Which ETF is better, HYXU or IBND?

On fees, HYXU is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HYXU or IBND?

HYXU is cheaper with a 0.35% expense ratio, compared with 0.50% for IBND.

Which ETF pays a higher dividend yield, HYXU or IBND?

IBND has the higher dividend yield at 2.74%, compared with 0.00% for HYXU.

What is the main difference between HYXU and IBND?

HYXU is categorized as High Yield Bonds, while IBND is Corporate Bonds. HYXU tracks BBG Pan-European High Yield (Euro) Total Return 100% USD Hedged Index, while IBND tracks Bloomberg Global Aggregate x USD >$1B: Corporate Bond. They also come from different issuers: iShares and State Street. Their fees differ too: 0.35% for HYXU and 0.50% for IBND.