IBHI vs. VYMI
IBHI (iShares iBonds 2029 Term High Yield and Income ETF) and VYMI (Vanguard International High Dividend Yield ETF) are both exchange-traded funds - IBHI is a High Yield Bonds fund tracking the Bloomberg 2029 Term High Yield and Income Index - Benchmark TR Gross, while VYMI is a Dividend fund tracking the FTSE All-World ex US High Dividend Yield Index. Both are passively managed. Over the past 3 years, IBHI returned 8.77%/yr vs 21.73%/yr for VYMI. A 0.60 correlation means they provide meaningful diversification when combined. IBHI charges 0.35%/yr vs 0.07%/yr for VYMI.
Performance
IBHI vs. VYMI - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IBHI achieves a 1.47% return, which is significantly lower than VYMI's 12.90% return.
IBHI
- 1D
- 0.13%
- 1M
- 0.67%
- YTD
- 1.47%
- 6M
- 2.17%
- 1Y
- 6.95%
- 3Y*
- 8.77%
- 5Y*
- —
- 10Y*
- —
VYMI
- 1D
- 0.54%
- 1M
- 2.62%
- YTD
- 12.90%
- 6M
- 14.90%
- 1Y
- 31.26%
- 3Y*
- 21.73%
- 5Y*
- 12.29%
- 10Y*
- 11.24%
IBHI vs. VYMI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
IBHI iShares iBonds 2029 Term High Yield and Income ETF | 1.47% | 7.88% | 8.33% | 14.21% | -8.52% |
VYMI Vanguard International High Dividend Yield ETF | 12.90% | 38.05% | 7.06% | 17.07% | -4.15% |
Correlation
The correlation between IBHI and VYMI is 0.61, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.61 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.58 |
Correlation (All Time) Calculated using the full available price history since Mar 10, 2022 | 0.60 |
The correlation between IBHI and VYMI has been stable across timeframes, ranging from 0.57 to 0.61 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IBHI vs. VYMI — Risk / Return Rank
IBHI
VYMI
IBHI vs. VYMI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares iBonds 2029 Term High Yield and Income ETF (IBHI) and Vanguard International High Dividend Yield ETF (VYMI). 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.
| IBHI | VYMI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.47 | ||
| Sortino ratioReturn per unit of downside risk | -0.35 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.41 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 3.22 | 2.96 | +0.26 |
| Martin ratioReturn relative to average drawdown | 14.06 | 11.60 | +2.46 |
Loading charts...
Drawdowns
IBHI vs. VYMI - Drawdown Comparison
The maximum IBHI drawdown since its inception was -13.65%, smaller than the maximum VYMI drawdown of -40.00%. Use the drawdown chart below to compare losses from any high point for IBHI and VYMI.
Loading charts...
Drawdown Indicators
| IBHI | VYMI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.65% | -40.00% | +26.35% |
Max Drawdown (1Y)Largest decline over 1 year | -2.11% | -10.14% | +8.03% |
Max Drawdown (3Y)Largest decline over 3 years | -5.73% | -12.84% | +7.11% |
Max Drawdown (5Y)Largest decline over 5 years | — | -24.05% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -40.00% | — |
Current DrawdownCurrent decline from peak | -0.21% | 0.00% | -0.21% |
Average DrawdownAverage peak-to-trough decline | -2.83% | -6.30% | +3.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.48% | 2.59% | -2.11% |
Volatility
IBHI vs. VYMI - Volatility Comparison
The current volatility for iShares iBonds 2029 Term High Yield and Income ETF (IBHI) is 0.97%, while Vanguard International High Dividend Yield ETF (VYMI) has a volatility of 4.40%. This indicates that IBHI experiences smaller price fluctuations and is considered to be less risky than VYMI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IBHI | VYMI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.97% | 4.40% | -3.43% |
Volatility (6M)Calculated over the trailing 6-month period | 2.79% | 11.15% | -8.36% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.82% | 13.33% | -9.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.96% | 14.90% | -6.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.96% | 16.85% | -8.89% |
IBHI vs. VYMI - Expense Ratio Comparison
IBHI has a 0.35% expense ratio, which is higher than VYMI's 0.07% expense ratio.
Dividends
IBHI vs. VYMI - Dividend Comparison
IBHI's dividend yield for the trailing twelve months is around 6.70%, more than VYMI's 3.39% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
IBHI iShares iBonds 2029 Term High Yield and Income ETF | 6.70% | 6.79% | 6.66% | 6.48% | 5.26% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VYMI Vanguard International High Dividend Yield ETF | 3.39% | 3.68% | 4.84% | 4.58% | 4.70% | 4.30% | 3.22% | 4.20% | 4.29% | 3.21% | 2.39% |
Frequently Asked Questions
IBHI and VYMI have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VYMI has higher volatility (4.40%) compared to IBHI (0.97%). In terms of maximum drawdown, IBHI dropped -13.65% vs VYMI's -40.00%.
On 3-year performance, VYMI leads with 21.73% vs 8.77% for IBHI. On fees, VYMI is cheaper at 0.07% per year. On volatility, IBHI has been the lower-risk option at 0.97%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, VYMI has performed better with a 21.73% return vs 8.77%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VYMI is cheaper with a 0.07% expense ratio, compared with 0.35% for IBHI.
IBHI has the higher dividend yield at 6.70%, compared with 3.39% for VYMI.
IBHI is categorized as High Yield Bonds, while VYMI is Dividend. IBHI tracks Bloomberg 2029 Term High Yield and Income Index - Benchmark TR Gross, while VYMI tracks FTSE All-World ex US High Dividend Yield Index. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.35% for IBHI and 0.07% for VYMI.
VYMI currently has the higher Sharpe Ratio (2.26 vs 1.78), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for IBHI and VYMI
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer