IBHE vs. NUHY
Compare and contrast key facts about iShares iBonds 2025 Term High Yield & Income ETF (IBHE) and Nuveen ESG High Yield Corporate Bond ETF (NUHY).
IBHE and NUHY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IBHE is a passively managed fund by iShares that tracks the performance of the Bloomberg 2025 Term High Yield and Income Index. It was launched on May 7, 2019. NUHY is a passively managed fund by Nuveen that tracks the performance of the Bloomberg Barclays MSCI US Aggregate ESG Select Index. It was launched on Sep 25, 2019. Both IBHE and NUHY 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: IBHE or NUHY.
Key characteristics
| IBHE | NUHY | |
|---|---|---|
| YTD Return | 6.63% | 7.65% |
| 1Y Return | 8.68% | 14.05% |
| 3Y Return (Ann) | 4.21% | 1.89% |
| 5Y Return (Ann) | 4.63% | 2.81% |
| Sharpe Ratio | 3.34 | 2.76 |
| Sortino Ratio | 5.45 | 4.47 |
| Omega Ratio | 1.76 | 1.56 |
| Calmar Ratio | 12.55 | 1.68 |
| Martin Ratio | 48.45 | 21.30 |
| Ulcer Index | 0.19% | 0.66% |
| Daily Std Dev | 2.78% | 5.08% |
| Max Drawdown | -26.92% | -20.14% |
| Current Drawdown | 0.00% | -0.06% |
Correlation
The correlation between IBHE and NUHY is 0.70, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
IBHE vs. NUHY - Performance Comparison
In the year-to-date period, IBHE achieves a 6.63% return, which is significantly lower than NUHY's 7.65% 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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IBHE vs. NUHY - Expense Ratio Comparison
IBHE has a 0.35% expense ratio, which is higher than NUHY's 0.30% expense ratio.
Risk-Adjusted Performance
IBHE vs. NUHY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares iBonds 2025 Term High Yield & Income ETF (IBHE) and Nuveen ESG High Yield Corporate Bond ETF (NUHY). 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
IBHE vs. NUHY - Dividend Comparison
IBHE's dividend yield for the trailing twelve months is around 7.14%, more than NUHY's 6.63% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
IBHE iShares iBonds 2025 Term High Yield & Income ETF | 7.14% | 7.16% | 5.78% | 4.84% | 5.73% | 3.72% |
NUHY Nuveen ESG High Yield Corporate Bond ETF | 6.63% | 6.65% | 6.36% | 4.88% | 5.11% | 1.37% |
Drawdowns
IBHE vs. NUHY - Drawdown Comparison
The maximum IBHE drawdown since its inception was -26.92%, which is greater than NUHY's maximum drawdown of -20.14%. Use the drawdown chart below to compare losses from any high point for IBHE and NUHY. For additional features, visit the drawdowns tool.
Volatility
IBHE vs. NUHY - Volatility Comparison
The current volatility for iShares iBonds 2025 Term High Yield & Income ETF (IBHE) is 0.36%, while Nuveen ESG High Yield Corporate Bond ETF (NUHY) has a volatility of 1.11%. This indicates that IBHE experiences smaller price fluctuations and is considered to be less risky than NUHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.