IBHI vs. ^GSPC
Compare and contrast key facts about iShares iBonds 2029 Term High Yield and Income ETF (IBHI) and S&P 500 (^GSPC).
IBHI is a passively managed fund by iShares that tracks the performance of the Bloomberg 2029 Term High Yield and Income Index - Benchmark TR Gross. It was launched on Mar 8, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IBHI or ^GSPC.
Correlation
The correlation between IBHI and ^GSPC is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
IBHI vs. ^GSPC - Performance Comparison
Key characteristics
IBHI:
0.69
^GSPC:
-0.17
IBHI:
0.92
^GSPC:
-0.11
IBHI:
1.13
^GSPC:
0.98
IBHI:
0.78
^GSPC:
-0.15
IBHI:
4.95
^GSPC:
-0.79
IBHI:
0.77%
^GSPC:
3.36%
IBHI:
5.49%
^GSPC:
15.95%
IBHI:
-13.65%
^GSPC:
-56.78%
IBHI:
-4.88%
^GSPC:
-17.42%
Returns By Period
In the year-to-date period, IBHI achieves a -3.04% return, which is significantly higher than ^GSPC's -13.73% return.
IBHI
-3.04%
-4.72%
-2.49%
3.85%
N/A
N/A
^GSPC
-13.73%
-13.15%
-11.77%
-1.42%
15.35%
9.37%
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Risk-Adjusted Performance
IBHI vs. ^GSPC — Risk-Adjusted Performance Rank
IBHI
^GSPC
IBHI vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares iBonds 2029 Term High Yield and Income ETF (IBHI) and S&P 500 (^GSPC). 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.
Drawdowns
IBHI vs. ^GSPC - Drawdown Comparison
The maximum IBHI drawdown since its inception was -13.65%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for IBHI and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
IBHI vs. ^GSPC - Volatility Comparison
The current volatility for iShares iBonds 2029 Term High Yield and Income ETF (IBHI) is 3.01%, while S&P 500 (^GSPC) has a volatility of 9.30%. This indicates that IBHI experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.