IBHD vs. IVV

Last updated Jun 5, 2026

IBHD (iShares iBonds 2024 Term High Yield & Income ETF) and IVV (iShares Core S&P 500 ETF) are both exchange-traded funds - IBHD is a High Yield Bonds fund tracking the Bloomberg 2024 Term High Yield and Income Index, while IVV is a S&P 500 fund tracking the S&P 500 Index. Both are passively managed. IBHD charges 0.35%/yr vs 0.03%/yr for IVV.

Performance

IBHD vs. IVV - 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 Core S&P 500 ETF (IVV). 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*: —

IVV

• 1D: 0.47%
• 1M: 4.66%
• YTD: 11.38%
• 6M: 11.30%
• 1Y: 28.64%
• 3Y*: 22.69%
• 5Y*: 13.99%
• 10Y*: 15.53%

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

IBHD vs. IVV - Yearly Performance Comparison

	2026 (YTD)
IBHD iShares iBonds 2024 Term High Yield & Income ETF	0.00%
IVV iShares Core S&P 500 ETF	9.96%

Return for Risk

IBHD vs. IVV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IVV

IVV Risk / Return Rank: 74
IVV Sharpe Ratio Rank: 76
IVV Sortino Ratio Rank: 75
IVV Omega Ratio Rank: 75
IVV Calmar Ratio Rank: 66
IVV Martin Ratio Rank: 79

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IBHD vs. IVV - 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 Core S&P 500 ETF (IVV). 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.

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

Sharpe Ratios by Period

	IBHD	IVV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.44	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.83	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.86	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.45	—

Drawdowns

IBHD vs. IVV - Drawdown Comparison

The maximum IBHD drawdown since its inception was 0.00%, smaller than the maximum IVV drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for IBHD and IVV.

Drawdown Indicators

	IBHD	IVV	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-55.25%	+55.25%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.89%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-18.75%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-24.53%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.90%	—
Current Drawdown Current decline from peak	0.00%	-0.29%	+0.29%
Average Drawdown Average peak-to-trough decline	0.00%	-10.78%	+10.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.91%	—

Volatility

Volatility by Period

	IBHD	IVV	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.83%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.90%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	11.80%	-11.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	16.88%	-16.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	18.05%	-18.05%

IBHD vs. IVV - Expense Ratio Comparison

IBHD has a 0.35% expense ratio, which is higher than IVV's 0.03% expense ratio.

Dividends

IBHD vs. IVV - Dividend Comparison

IBHD has not paid dividends to shareholders, while IVV's dividend yield for the trailing twelve months is around 1.06%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%	0.00%	0.00%
IVV iShares Core S&P 500 ETF	1.06%	1.17%	1.30%	1.44%	1.66%	1.20%	1.57%	1.85%	2.21%	1.75%	2.01%	2.27%

Frequently Asked Questions

Which ETF is better, IBHD or IVV?

On fees, IVV is cheaper at 0.03% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IBHD or IVV?

IVV is cheaper with a 0.03% expense ratio, compared with 0.35% for IBHD.

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

IVV has the higher dividend yield at 1.06%, compared with 0.00% for IBHD.

What is the main difference between IBHD and IVV?

IBHD is categorized as High Yield Bonds, while IVV is S&P 500. IBHD tracks Bloomberg 2024 Term High Yield and Income Index, while IVV tracks S&P 500 Index. Their fees differ too: 0.35% for IBHD and 0.03% for IVV.