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IBHD vs. IBDO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

IBHD vs. IBDO - Performance Comparison

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

-0.50%0.00%0.50%1.00%1.50%2.00%2.50%3.00%JuneJulyAugustSeptemberOctoberNovember
2.93%
0
IBHD
IBDO

Returns By Period


IBHD

YTD

5.43%

1M

0.37%

6M

2.99%

1Y

6.65%

5Y (annualized)

4.12%

10Y (annualized)

N/A

IBDO

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


IBHDIBDO

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IBHD vs. IBDO - Expense Ratio Comparison

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


IBHD
iShares iBonds 2024 Term High Yield & Income ETF
Expense ratio chart for IBHD: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%
Expense ratio chart for IBDO: current value at 0.10% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.10%

Correlation

-0.50.00.51.00.2

The correlation between IBHD and IBDO is 0.16, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Risk-Adjusted Performance

IBHD vs. IBDO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares iBonds 2024 Term High Yield & Income ETF (IBHD) and iShares iBonds Dec 2023 Term Corporate ETF (IBDO). 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.


Sharpe ratio
The chart of Sharpe ratio for IBHD, currently valued at 4.04, compared to the broader market0.002.004.004.042.13
The chart of Sortino ratio for IBHD, currently valued at 6.26, compared to the broader market-2.000.002.004.006.008.0010.0012.006.265.79
The chart of Omega ratio for IBHD, currently valued at 2.03, compared to the broader market0.501.001.502.002.503.002.034.34
The chart of Calmar ratio for IBHD, currently valued at 13.18, compared to the broader market0.005.0010.0015.0013.1810.04
The chart of Martin ratio for IBHD, currently valued at 76.15, compared to the broader market0.0020.0040.0060.0080.00100.0076.1592.07
IBHD
IBDO

Rolling 12-month Sharpe Ratio2.003.004.005.006.00JuneJulyAugustSeptemberOctoberNovember
4.04
2.13
IBHD
IBDO

Dividends

IBHD vs. IBDO - Dividend Comparison

IBHD's dividend yield for the trailing twelve months is around 6.26%, while IBDO has not paid dividends to shareholders.


TTM202320222021202020192018201720162015
IBHD
iShares iBonds 2024 Term High Yield & Income ETF
6.26%6.90%4.91%4.43%5.50%3.59%0.00%0.00%0.00%0.00%
IBDO
iShares iBonds Dec 2023 Term Corporate ETF
0.44%3.61%1.85%1.80%2.47%3.01%3.10%2.91%3.01%2.39%

Drawdowns

IBHD vs. IBDO - Drawdown Comparison


-0.12%-0.10%-0.08%-0.06%-0.04%-0.02%0.00%JuneJulyAugustSeptemberOctoberNovember00
IBHD
IBDO

Volatility

IBHD vs. IBDO - Volatility Comparison

iShares iBonds 2024 Term High Yield & Income ETF (IBHD) has a higher volatility of 0.25% compared to iShares iBonds Dec 2023 Term Corporate ETF (IBDO) at 0.00%. This indicates that IBHD's price experiences larger fluctuations and is considered to be riskier than IBDO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%0.10%0.20%0.30%0.40%JuneJulyAugustSeptemberOctoberNovember
0.25%
0
IBHD
IBDO