IBC7.DE vs. JGHY.DE
IBC7.DE (iShares Fallen Angels High Yield Corp Bond UCITS ETF EUR Hedged (Dist)) and JGHY.DE (JPM Global High Yield Corporate Bond Multi-Factor Active UCITS ETF USD Acc) are both High Yield Bonds funds. IBC7.DE is passively managed, while JGHY.DE is actively managed. Over the past 5 years, IBC7.DE returned 1.10%/yr vs 4.39%/yr for JGHY.DE. At a 0.36 correlation, their price movements are largely independent. IBC7.DE charges 0.55%/yr vs 0.35%/yr for JGHY.DE.
Performance
IBC7.DE vs. JGHY.DE - Performance Comparison
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Returns By Period
In the year-to-date period, IBC7.DE achieves a 1.23% return, which is significantly lower than JGHY.DE's 4.92% return.
IBC7.DE
- 1D
- 0.00%
- 1M
- 0.04%
- 6M
- 0.80%
- YTD
- 1.23%
- 1Y
- 4.79%
- 3Y*
- 5.58%
- 5Y*
- 1.10%
- 10Y*
- —
JGHY.DE
- 1D
- -0.21%
- 1M
- 1.20%
- 6M
- 3.93%
- YTD
- 4.92%
- 1Y
- 8.73%
- 3Y*
- 7.91%
- 5Y*
- 4.39%
- 10Y*
- —
IBC7.DE vs. JGHY.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
IBC7.DE iShares Fallen Angels High Yield Corp Bond UCITS ETF EUR Hedged (Dist) | 1.23% | 7.07% | 3.18% | 9.37% | -13.89% | 3.60% | 13.07% |
JGHY.DE JPM Global High Yield Corporate Bond Multi-Factor Active UCITS ETF USD Acc | 4.92% | -0.68% | 12.22% | 7.50% | -4.77% | 10.40% | -13.43% |
Correlation
The correlation between IBC7.DE and JGHY.DE is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.21 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.22 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.30 |
Correlation (All Time) Calculated using the full available price history since Feb 4, 2020 | 0.36 |
The correlation between IBC7.DE and JGHY.DE shifts across timeframes, from 0.21 (1 year) to 0.36 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
IBC7.DE vs. JGHY.DE — Risk / Return Rank
IBC7.DE
JGHY.DE
IBC7.DE vs. JGHY.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 JPM Global High Yield Corporate Bond Multi-Factor Active UCITS ETF USD Acc (JGHY.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.
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.
| IBC7.DE | JGHY.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.91 | ||
| Sortino ratioReturn per unit of downside risk | -1.22 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.41 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 1.42 | 4.15 | -2.73 |
| Martin ratioReturn relative to average drawdown | 5.66 | 13.75 | -8.09 |
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Drawdowns
IBC7.DE vs. JGHY.DE - Drawdown Comparison
The maximum IBC7.DE drawdown since its inception was -21.75%, smaller than the maximum JGHY.DE drawdown of -24.72%. Use the drawdown chart below to compare losses from any high point for IBC7.DE and JGHY.DE.
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Drawdown Indicators
| IBC7.DE | JGHY.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.75% | -24.72% | +2.97% |
Max Drawdown (1Y)Largest decline over 1 year | -3.37% | -2.32% | -1.05% |
Max Drawdown (3Y)Largest decline over 3 years | -4.30% | -10.49% | +6.19% |
Max Drawdown (5Y)Largest decline over 5 years | -18.37% | -10.49% | -7.88% |
Current DrawdownCurrent decline from peak | -0.22% | -0.52% | +0.30% |
Average DrawdownAverage peak-to-trough decline | -4.43% | -6.58% | +2.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.84% | 0.70% | +0.14% |
Volatility
IBC7.DE vs. JGHY.DE - Volatility Comparison
The current volatility for iShares Fallen Angels High Yield Corp Bond UCITS ETF EUR Hedged (Dist) (IBC7.DE) is 0.93%, while JPM Global High Yield Corporate Bond Multi-Factor Active UCITS ETF USD Acc (JGHY.DE) has a volatility of 1.21%. This indicates that IBC7.DE experiences smaller price fluctuations and is considered to be less risky than JGHY.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IBC7.DE | JGHY.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.93% | 1.21% | -0.28% |
Volatility (6M)Calculated over the trailing 6-month period | 3.19% | 3.04% | +0.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.96% | 4.63% | -0.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.19% | 6.57% | -0.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.09% | 8.78% | -0.69% |
IBC7.DE vs. JGHY.DE - Expense Ratio Comparison
IBC7.DE has a 0.55% expense ratio, which is higher than JGHY.DE's 0.35% expense ratio.
Dividends
IBC7.DE vs. JGHY.DE - Dividend Comparison
IBC7.DE's dividend yield for the trailing twelve months is around 5.63%, while JGHY.DE has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
IBC7.DE iShares Fallen Angels High Yield Corp Bond UCITS ETF EUR Hedged (Dist) | 5.63% | 5.55% | 5.89% | 5.18% | 4.46% | 3.93% | 4.17% | 4.59% | 3.28% |
JGHY.DE JPM Global High Yield Corporate Bond Multi-Factor Active UCITS ETF USD Acc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
IBC7.DE and JGHY.DE have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JGHY.DE is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JGHY.DE is cheaper with a 0.35% expense ratio, compared with 0.55% for IBC7.DE.
They also come from different issuers: iShares and JPMorgan. Their fees differ too: 0.55% for IBC7.DE and 0.35% for JGHY.DE.
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