IBC7.DE vs. FAHY.DE
IBC7.DE (iShares Fallen Angels High Yield Corp Bond UCITS ETF EUR Hedged (Dist)) and FAHY.DE (Invesco US High Yield Fallen Angels UCITS ETF Dist) are both High Yield Bonds funds - IBC7.DE tracks the Bloomberg Global Corporate ex EM Fallen Angels 3% Capped (EUR Hedged) while FAHY.DE tracks the Bloomberg US Corporate High Yield TR USD. Both are passively managed. Over the past 5 years, IBC7.DE returned 1.34%/yr vs 3.51%/yr for FAHY.DE. At a 0.34 correlation, their price movements are largely independent. IBC7.DE charges 0.55%/yr vs 0.45%/yr for FAHY.DE.
Performance
IBC7.DE vs. FAHY.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IBC7.DE achieves a 0.72% return, which is significantly lower than FAHY.DE's 1.84% return.
IBC7.DE
- 1D
- 0.11%
- 1M
- 0.31%
- YTD
- 0.72%
- 6M
- 0.87%
- 1Y
- 5.33%
- 3Y*
- 5.92%
- 5Y*
- 1.34%
- 10Y*
- —
FAHY.DE
- 1D
- -0.16%
- 1M
- 1.51%
- YTD
- 1.84%
- 6M
- 0.61%
- 1Y
- 5.71%
- 3Y*
- 4.93%
- 5Y*
- 3.51%
- 10Y*
- —
IBC7.DE vs. FAHY.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
IBC7.DE iShares Fallen Angels High Yield Corp Bond UCITS ETF EUR Hedged (Dist) | 0.72% | 6.91% | 3.22% | 9.52% | -14.03% | 3.70% | 13.72% | 13.48% | -4.74% |
FAHY.DE Invesco US High Yield Fallen Angels UCITS ETF Dist | 1.84% | -2.35% | 10.86% | 6.42% | -8.72% | 14.53% | -0.80% | 16.13% | 2.65% |
Correlation
The correlation between IBC7.DE and FAHY.DE is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Apr 16, 2018 | 0.34 |
The correlation between IBC7.DE and FAHY.DE shifts across timeframes, from 0.19 (1 year) to 0.34 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IBC7.DE vs. FAHY.DE — Risk / Return Rank
IBC7.DE
FAHY.DE
IBC7.DE vs. FAHY.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Fallen Angels High Yield Corp Bond UCITS ETF EUR Hedged (Dist) (IBC7.DE) and Invesco US High Yield Fallen Angels UCITS ETF Dist (FAHY.DE). 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.
| IBC7.DE | FAHY.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.62 | ||
| Sortino ratioReturn per unit of downside risk | +0.99 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.17 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 1.56 | 1.76 | -0.20 |
| Martin ratioReturn relative to average drawdown | 6.24 | 4.39 | +1.85 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| IBC7.DE | FAHY.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.53 | 0.92 | +0.62 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.22 | 0.41 | -0.19 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 0.37 | +0.08 |
Drawdowns
IBC7.DE vs. FAHY.DE - Drawdown Comparison
The maximum IBC7.DE drawdown since its inception was -21.83%, smaller than the maximum FAHY.DE drawdown of -28.23%. Use the drawdown chart below to compare losses from any high point for IBC7.DE and FAHY.DE.
Loading charts...
Drawdown Indicators
| IBC7.DE | FAHY.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.83% | -28.23% | +6.40% |
Max Drawdown (1Y)Largest decline over 1 year | -3.47% | -3.28% | -0.19% |
Max Drawdown (3Y)Largest decline over 3 years | -4.46% | -12.29% | +7.83% |
Max Drawdown (5Y)Largest decline over 5 years | -18.31% | -12.29% | -6.02% |
Current DrawdownCurrent decline from peak | -0.51% | -3.38% | +2.87% |
Average DrawdownAverage peak-to-trough decline | -4.47% | -4.48% | +0.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.87% | 1.32% | -0.45% |
Volatility
IBC7.DE vs. FAHY.DE - Volatility Comparison
The current volatility for iShares Fallen Angels High Yield Corp Bond UCITS ETF EUR Hedged (Dist) (IBC7.DE) is 1.10%, while Invesco US High Yield Fallen Angels UCITS ETF Dist (FAHY.DE) has a volatility of 1.87%. This indicates that IBC7.DE experiences smaller price fluctuations and is considered to be less risky than FAHY.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IBC7.DE | FAHY.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.10% | 1.87% | -0.77% |
Volatility (6M)Calculated over the trailing 6-month period | 2.86% | 4.40% | -1.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.53% | 6.29% | -2.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.98% | 8.44% | -2.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.00% | 9.67% | -1.67% |
IBC7.DE vs. FAHY.DE - Expense Ratio Comparison
IBC7.DE has a 0.55% expense ratio, which is higher than FAHY.DE's 0.45% expense ratio.
Dividends
IBC7.DE vs. FAHY.DE - Dividend Comparison
IBC7.DE's dividend yield for the trailing twelve months is around 6.97%, more than FAHY.DE's 6.57% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
FAHY.DE Invesco US High Yield Fallen Angels UCITS ETF Dist | 6.57% | 6.75% | 6.86% | 6.89% | 5.82% | 4.47% | 6.24% | 6.07% | 6.09% | 5.71% | 1.23% |
IBC7.DE iShares Fallen Angels High Yield Corp Bond UCITS ETF EUR Hedged (Dist) | 6.97% | 5.55% | 5.89% | 5.17% | 4.46% | 3.93% | 4.18% | 4.59% | 3.28% | 0.00% | 0.00% |
Frequently Asked Questions
IBC7.DE and FAHY.DE have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FAHY.DE is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FAHY.DE is cheaper with a 0.45% expense ratio, compared with 0.55% for IBC7.DE.
IBC7.DE tracks Bloomberg Global Corporate ex EM Fallen Angels 3% Capped (EUR Hedged), while FAHY.DE tracks Bloomberg US Corporate High Yield TR USD. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.55% for IBC7.DE and 0.45% for FAHY.DE.
Find the right allocation for IBC7.DE and FAHY.DE
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer