IBHD vs. IBDO

Last updated Jun 23, 2026

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

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.

Returns By Period

IBHD

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IBDO

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

IBHD vs. IBDO - Yearly Performance Comparison

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

Return for Risk

IBHD vs. IBDO - Risk-Adjusted Trends 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.

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

	IBHD	IBDO	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

	IBHD	IBDO	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%	—	—

IBHD vs. IBDO - Expense Ratio Comparison

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

Dividends

IBHD vs. IBDO - Dividend Comparison

Neither IBHD nor IBDO 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, IBHD or IBDO?

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, IBHD or IBDO?

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

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

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

What is the main difference between IBHD and IBDO?

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