IBHJ vs. USHY
Compare and contrast key facts about iShares iBonds 2030 Term High Yield and Income ETF (IBHJ) and iShares Broad USD High Yield Corporate Bond ETF (USHY).
IBHJ and USHY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IBHJ is a passively managed fund by iShares that tracks the performance of the Bloomberg 2030 Term High Yield and Income Index - Benchmark TR Gross. It was launched on Jun 21, 2023. USHY is a passively managed fund by iShares that tracks the performance of the ICE BofA US High Yield Constrained. It was launched on Oct 25, 2017. Both IBHJ and USHY 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: IBHJ or USHY.
Correlation
The correlation between IBHJ and USHY is 0.91, 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
IBHJ vs. USHY - Performance Comparison
Key characteristics
IBHJ:
1.96
USHY:
2.51
IBHJ:
2.91
USHY:
3.70
IBHJ:
1.35
USHY:
1.49
IBHJ:
3.29
USHY:
4.34
IBHJ:
12.11
USHY:
17.24
IBHJ:
0.75%
USHY:
0.58%
IBHJ:
4.64%
USHY:
3.98%
IBHJ:
-4.72%
USHY:
-22.44%
IBHJ:
-0.45%
USHY:
-0.16%
Returns By Period
The year-to-date returns for both stocks are quite close, with IBHJ having a 1.83% return and USHY slightly lower at 1.78%.
IBHJ
1.83%
0.41%
2.18%
8.84%
N/A
N/A
USHY
1.78%
0.63%
3.36%
9.70%
4.03%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
IBHJ vs. USHY - Expense Ratio Comparison
IBHJ has a 0.35% expense ratio, which is higher than USHY's 0.15% expense ratio.
Risk-Adjusted Performance
IBHJ vs. USHY — Risk-Adjusted Performance Rank
IBHJ
USHY
IBHJ vs. USHY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares iBonds 2030 Term High Yield and Income ETF (IBHJ) and iShares Broad USD High Yield Corporate Bond ETF (USHY). 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
IBHJ vs. USHY - Dividend Comparison
IBHJ's dividend yield for the trailing twelve months is around 6.77%, which matches USHY's 6.80% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
IBHJ iShares iBonds 2030 Term High Yield and Income ETF | 6.77% | 6.87% | 3.66% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
USHY iShares Broad USD High Yield Corporate Bond ETF | 6.80% | 6.89% | 6.62% | 6.08% | 5.07% | 5.31% | 5.91% | 6.30% | 0.73% |
Drawdowns
IBHJ vs. USHY - Drawdown Comparison
The maximum IBHJ drawdown since its inception was -4.72%, smaller than the maximum USHY drawdown of -22.44%. Use the drawdown chart below to compare losses from any high point for IBHJ and USHY. For additional features, visit the drawdowns tool.
Volatility
IBHJ vs. USHY - Volatility Comparison
iShares iBonds 2030 Term High Yield and Income ETF (IBHJ) has a higher volatility of 1.17% compared to iShares Broad USD High Yield Corporate Bond ETF (USHY) at 0.85%. This indicates that IBHJ's price experiences larger fluctuations and is considered to be riskier than USHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.