IBDU vs. USHY
Compare and contrast key facts about iShares iBonds Dec 2029 Term Corporate ETF (IBDU) and iShares Broad USD High Yield Corporate Bond ETF (USHY).
IBDU and USHY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IBDU is a passively managed fund by iShares that tracks the performance of the Bloomberg December 2029 Maturity Corporate Index. It was launched on Sep 17, 2019. USHY is a passively managed fund by iShares that tracks the performance of the ICE BofA US High Yield Constrained. It was launched on Oct 25, 2017. Both IBDU and USHY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IBDU or USHY.
Key characteristics
| IBDU | USHY | |
|---|---|---|
| YTD Return | 3.12% | 8.20% |
| 1Y Return | 8.50% | 13.40% |
| 3Y Return (Ann) | -0.70% | 3.01% |
| 5Y Return (Ann) | 1.29% | 4.30% |
| Sharpe Ratio | 1.83 | 3.01 |
| Sortino Ratio | 2.80 | 4.72 |
| Omega Ratio | 1.34 | 1.60 |
| Calmar Ratio | 0.68 | 2.86 |
| Martin Ratio | 7.95 | 23.17 |
| Ulcer Index | 1.04% | 0.57% |
| Daily Std Dev | 4.52% | 4.35% |
| Max Drawdown | -19.44% | -22.44% |
| Current Drawdown | -4.68% | -0.67% |
Correlation
The correlation between IBDU and USHY is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
IBDU vs. USHY - Performance Comparison
In the year-to-date period, IBDU achieves a 3.12% return, which is significantly lower than USHY's 8.20% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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IBDU vs. USHY - Expense Ratio Comparison
IBDU has a 0.10% expense ratio, which is lower than USHY's 0.15% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
IBDU vs. USHY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Dec 2029 Term Corporate ETF (IBDU) and iShares Broad USD High Yield Corporate Bond ETF (USHY). 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.
Dividends
IBDU vs. USHY - Dividend Comparison
IBDU's dividend yield for the trailing twelve months is around 4.67%, less than USHY's 6.70% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
IBDU iShares iBonds Dec 2029 Term Corporate ETF | 4.67% | 4.21% | 3.34% | 2.28% | 2.42% | 0.74% | 0.00% | 0.00% |
USHY iShares Broad USD High Yield Corporate Bond ETF | 6.70% | 6.62% | 6.08% | 5.07% | 5.31% | 5.91% | 6.30% | 0.73% |
Drawdowns
IBDU vs. USHY - Drawdown Comparison
The maximum IBDU drawdown since its inception was -19.44%, smaller than the maximum USHY drawdown of -22.44%. Use the drawdown chart below to compare losses from any high point for IBDU and USHY. For additional features, visit the drawdowns tool.
Volatility
IBDU vs. USHY - Volatility Comparison
iShares iBonds Dec 2029 Term Corporate ETF (IBDU) and iShares Broad USD High Yield Corporate Bond ETF (USHY) have volatilities of 1.07% and 1.08%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.