IBDO vs. IBHD

Last updated Jun 24, 2026

IBDO (iShares iBonds Dec 2023 Term Corporate ETF) and IBHD (iShares iBonds 2024 Term High Yield & Income ETF) are both exchange-traded funds - IBDO is a Corporate Bonds fund tracking the Bloomberg December 2023 Maturity Corporate Index, while IBHD is a High Yield Bonds fund tracking the Bloomberg 2024 Term High Yield and Income Index. Both are passively managed. IBDO charges 0.10%/yr vs 0.35%/yr for IBHD.

Performance

IBDO vs. IBHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares iBonds Dec 2023 Term Corporate ETF (IBDO) and iShares iBonds 2024 Term High Yield & Income ETF (IBHD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

IBDO

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 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)

IBDO vs. IBHD - Yearly Performance Comparison

	2026 (YTD)
IBDO iShares iBonds Dec 2023 Term Corporate ETF	0.00%
IBHD iShares iBonds 2024 Term High Yield & Income ETF	0.00%

Return for Risk

IBDO vs. IBHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Dec 2023 Term Corporate ETF (IBDO) 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.

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.

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

Drawdowns

Drawdown Indicators

	IBDO	IBHD	Difference
Max Drawdown Largest peak-to-trough decline	—	0.00%	—
Current Drawdown Current decline from peak	—	0.00%	—
Average Drawdown Average peak-to-trough decline	—	0.00%	—

Volatility

Volatility by Period

	IBDO	IBHD	Difference
Volatility (1Y) Calculated over the trailing 1-year period	—	0.00%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	0.00%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	0.00%	—

IBDO vs. IBHD - Expense Ratio Comparison

IBDO has a 0.10% expense ratio, which is lower than IBHD's 0.35% expense ratio.

Dividends

IBDO vs. IBHD - Dividend Comparison

Neither IBDO nor IBHD has paid dividends to shareholders.

Position	TTM	2023	2022	2021	2020	2019	2018	2017	2016	2015
IBDO iShares iBonds Dec 2023 Term Corporate ETF	0.00%	3.61%	1.85%	2.04%	2.47%	3.01%	3.10%	2.96%	3.01%	2.39%
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%

Frequently Asked Questions

Which ETF is better, IBDO or IBHD?

On fees, IBDO is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IBDO or IBHD?

IBDO is cheaper with a 0.10% expense ratio, compared with 0.35% for IBHD.

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

IBDO and IBHD have nearly identical dividend yields, around 0.00%.

What is the main difference between IBDO and IBHD?

IBDO is categorized as Corporate Bonds, while IBHD is High Yield Bonds. IBDO tracks Bloomberg December 2023 Maturity Corporate Index, while IBHD tracks Bloomberg 2024 Term High Yield and Income Index. Their fees differ too: 0.10% for IBDO and 0.35% for IBHD.