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IBHF vs. HYBL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between IBHF and HYBL is 0.71, 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.


-0.50.00.51.00.7

Performance

IBHF vs. HYBL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares iBonds 2026 Term High Yield and Income ETF (IBHF) and SPDR Blackstone High Income ETF (HYBL). The values are adjusted to include any dividend payments, if applicable.

-1.00%0.00%1.00%2.00%3.00%4.00%5.00%AugustSeptemberOctoberNovemberDecember2025
5.04%
4.68%
IBHF
HYBL

Key characteristics

Sharpe Ratio

IBHF:

3.54

HYBL:

3.74

Sortino Ratio

IBHF:

5.50

HYBL:

5.59

Omega Ratio

IBHF:

1.75

HYBL:

1.82

Calmar Ratio

IBHF:

8.69

HYBL:

7.92

Martin Ratio

IBHF:

39.78

HYBL:

39.31

Ulcer Index

IBHF:

0.25%

HYBL:

0.25%

Daily Std Dev

IBHF:

2.77%

HYBL:

2.62%

Max Drawdown

IBHF:

-11.19%

HYBL:

-8.46%

Current Drawdown

IBHF:

-0.04%

HYBL:

-0.02%

Returns By Period

In the year-to-date period, IBHF achieves a 0.73% return, which is significantly higher than HYBL's 0.53% return.


IBHF

YTD

0.73%

1M

1.48%

6M

5.04%

1Y

9.65%

5Y*

N/A

10Y*

N/A

HYBL

YTD

0.53%

1M

0.89%

6M

4.68%

1Y

9.86%

5Y*

N/A

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


IBHF vs. HYBL - Expense Ratio Comparison

IBHF has a 0.35% expense ratio, which is lower than HYBL's 0.70% expense ratio.


HYBL
SPDR Blackstone High Income ETF
Expense ratio chart for HYBL: current value at 0.70% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.70%
Expense ratio chart for IBHF: 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%

Risk-Adjusted Performance

IBHF vs. HYBL — Risk-Adjusted Performance Rank

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

IBHF
The Risk-Adjusted Performance Rank of IBHF is 9898
Overall Rank
The Sharpe Ratio Rank of IBHF is 9898
Sharpe Ratio Rank
The Sortino Ratio Rank of IBHF is 9898
Sortino Ratio Rank
The Omega Ratio Rank of IBHF is 9898
Omega Ratio Rank
The Calmar Ratio Rank of IBHF is 9898
Calmar Ratio Rank
The Martin Ratio Rank of IBHF is 9898
Martin Ratio Rank

HYBL
The Risk-Adjusted Performance Rank of HYBL is 9898
Overall Rank
The Sharpe Ratio Rank of HYBL is 9898
Sharpe Ratio Rank
The Sortino Ratio Rank of HYBL is 9898
Sortino Ratio Rank
The Omega Ratio Rank of HYBL is 9898
Omega Ratio Rank
The Calmar Ratio Rank of HYBL is 9898
Calmar Ratio Rank
The Martin Ratio Rank of HYBL is 9898
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

IBHF vs. HYBL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares iBonds 2026 Term High Yield and Income ETF (IBHF) and SPDR Blackstone High Income ETF (HYBL). 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 IBHF, currently valued at 3.54, compared to the broader market0.002.004.003.543.74
The chart of Sortino ratio for IBHF, currently valued at 5.50, compared to the broader market0.005.0010.005.505.59
The chart of Omega ratio for IBHF, currently valued at 1.75, compared to the broader market0.501.001.502.002.503.003.501.751.82
The chart of Calmar ratio for IBHF, currently valued at 8.69, compared to the broader market0.005.0010.0015.008.697.92
The chart of Martin ratio for IBHF, currently valued at 39.78, compared to the broader market0.0020.0040.0060.0080.00100.0039.7839.31
IBHF
HYBL

The current IBHF Sharpe Ratio is 3.54, which is comparable to the HYBL Sharpe Ratio of 3.74. The chart below compares the historical Sharpe Ratios of IBHF and HYBL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio2.002.503.003.504.004.505.00AugustSeptemberOctoberNovemberDecember2025
3.54
3.74
IBHF
HYBL

Dividends

IBHF vs. HYBL - Dividend Comparison

IBHF's dividend yield for the trailing twelve months is around 7.12%, less than HYBL's 7.83% yield.


TTM20242023202220212020
IBHF
iShares iBonds 2026 Term High Yield and Income ETF
7.12%7.17%7.33%6.01%4.55%0.61%
HYBL
SPDR Blackstone High Income ETF
7.83%7.88%7.93%5.10%0.00%0.00%

Drawdowns

IBHF vs. HYBL - Drawdown Comparison

The maximum IBHF drawdown since its inception was -11.19%, which is greater than HYBL's maximum drawdown of -8.46%. Use the drawdown chart below to compare losses from any high point for IBHF and HYBL. For additional features, visit the drawdowns tool.


-1.20%-1.00%-0.80%-0.60%-0.40%-0.20%0.00%AugustSeptemberOctoberNovemberDecember2025
-0.04%
-0.02%
IBHF
HYBL

Volatility

IBHF vs. HYBL - Volatility Comparison

iShares iBonds 2026 Term High Yield and Income ETF (IBHF) has a higher volatility of 0.97% compared to SPDR Blackstone High Income ETF (HYBL) at 0.82%. This indicates that IBHF's price experiences larger fluctuations and is considered to be riskier than HYBL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.40%0.60%0.80%1.00%1.20%AugustSeptemberOctoberNovemberDecember2025
0.97%
0.82%
IBHF
HYBL
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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