IBHH vs. LDRH

Last updated Apr 1, 2026

Compare and contrast key facts about iShares iBonds 2028 Term High Yield and Income ETF (IBHH) and iShares iBonds 1-5 Year High Yield and Income Ladder ETF (LDRH).

IBHH and LDRH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IBHH is a passively managed fund by iShares that tracks the performance of the Bloomberg 2028 Term High Yield and Income Index - Benchmark TR Gross. It was launched on Mar 8, 2022. LDRH is a passively managed fund by iShares that tracks the performance of the BlackRock iBonds 1-5 Year High Yield and Income Ladder Index. It was launched on Nov 7, 2024. Both IBHH and LDRH are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

IBHH vs. LDRH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares iBonds 2028 Term High Yield and Income ETF (IBHH) and iShares iBonds 1-5 Year High Yield and Income Ladder ETF (LDRH). The values are adjusted to include any dividend payments, if applicable.

IBHH vs. LDRH - Yearly Performance Comparison

	2026 (YTD)	2025	2024
IBHH iShares iBonds 2028 Term High Yield and Income ETF	0.17%	8.02%	-0.17%
LDRH iShares iBonds 1-5 Year High Yield and Income Ladder ETF	0.51%	7.18%	0.21%

Returns By Period

In the year-to-date period, IBHH achieves a 0.17% return, which is significantly lower than LDRH's 0.51% return.

IBHH

• 1D: 0.56%
• 1M: -0.42%
• YTD: 0.17%
• 6M: 1.39%
• 1Y: 7.04%
• 3Y*: 8.04%
• 5Y*: —
• 10Y*: —

LDRH

• 1D: 0.65%
• 1M: 0.04%
• YTD: 0.51%
• 6M: 1.75%
• 1Y: 6.58%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IBHH vs. LDRH - Expense Ratio Comparison

Both IBHH and LDRH have an expense ratio of 0.35%.

IBHH

iShares iBonds 2028 Term High Yield and Income ETF

LDRH

iShares iBonds 1-5 Year High Yield and Income Ladder ETF

Return for Risk

IBHH vs. LDRH — Risk / Return Rank

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

IBHH

IBHH Risk / Return Rank: 78
IBHH Sharpe Ratio Rank: 75
IBHH Sortino Ratio Rank: 72
IBHH Omega Ratio Rank: 87
IBHH Calmar Ratio Rank: 68
IBHH Martin Ratio Rank: 88

LDRH

LDRH Risk / Return Rank: 88
LDRH Sharpe Ratio Rank: 84
LDRH Sortino Ratio Rank: 90
LDRH Omega Ratio Rank: 92
LDRH Calmar Ratio Rank: 81
LDRH Martin Ratio Rank: 94

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.

IBHH vs. LDRH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares iBonds 2028 Term High Yield and Income ETF (IBHH) and iShares iBonds 1-5 Year High Yield and Income Ladder ETF (LDRH). 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.

	IBHH	LDRH	Difference
Sharpe ratio Return per unit of total volatility	1.38	1.70	-0.32
Sortino ratio Return per unit of downside risk	1.83	2.61	-0.78
Omega ratio Gain probability vs. loss probability	1.36	1.40	-0.05
Calmar ratio Return relative to maximum drawdown	1.72	2.32	-0.61
Martin ratio Return relative to average drawdown	10.94	14.23	-3.29
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IBHH vs. LDRH - Sharpe Ratio Comparison

The current IBHH Sharpe Ratio is 1.38, which is comparable to the LDRH Sharpe Ratio of 1.70. The chart below compares the historical Sharpe Ratios of IBHH and LDRH, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	IBHH	LDRH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.38	1.70	-0.32
Sharpe Ratio (All Time) Calculated using the full available price history	0.70	1.58	-0.89

Correlation

The correlation between IBHH and LDRH is 0.74, 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.

Dividends

IBHH vs. LDRH - Dividend Comparison

IBHH's dividend yield for the trailing twelve months is around 6.37%, less than LDRH's 6.99% yield.

	TTM	2025	2024	2023	2022
IBHH iShares iBonds 2028 Term High Yield and Income ETF	6.37%	6.39%	6.93%	6.65%	5.36%
LDRH iShares iBonds 1-5 Year High Yield and Income Ladder ETF	6.99%	6.41%	1.13%	0.00%	0.00%

Drawdowns

IBHH vs. LDRH - Drawdown Comparison

The maximum IBHH drawdown since its inception was -12.05%, which is greater than LDRH's maximum drawdown of -3.17%. Use the drawdown chart below to compare losses from any high point for IBHH and LDRH.

Drawdown Indicators

	IBHH	LDRH	Difference
Max Drawdown Largest peak-to-trough decline	-12.05%	-3.17%	-8.88%
Max Drawdown (1Y) Largest decline over 1 year	-4.08%	-2.82%	-1.26%
Current Drawdown Current decline from peak	-0.63%	-0.46%	-0.17%
Average Drawdown Average peak-to-trough decline	-2.39%	-0.25%	-2.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.64%	0.46%	+0.18%

Volatility

IBHH vs. LDRH - Volatility Comparison

iShares iBonds 2028 Term High Yield and Income ETF (IBHH) and iShares iBonds 1-5 Year High Yield and Income Ladder ETF (LDRH) have volatilities of 1.43% and 1.41%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IBHH	LDRH	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.43%	1.41%	+0.02%
Volatility (6M) Calculated over the trailing 6-month period	2.10%	2.03%	+0.07%
Volatility (1Y) Calculated over the trailing 1-year period	5.13%	3.89%	+1.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.39%	3.62%	+3.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.39%	3.62%	+3.77%