IBHM vs. HYSD
IBHM (iShares iBonds 2033 Term High Yield and Income ETF) and HYSD (Columbia Short Duration High Yield ETF) are both High Yield Bonds funds. IBHM is passively managed, while HYSD is actively managed. Their correlation of 0.81 means they have usually moved in the same direction. IBHM charges 0.35%/yr vs 0.44%/yr for HYSD.
Performance
IBHM vs. HYSD - Performance Comparison
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Returns By Period
IBHM
- 1D
- -0.08%
- 1M
- -0.73%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
HYSD
- 1D
- 0.05%
- 1M
- -0.32%
- 6M
- 1.42%
- YTD
- 1.90%
- 1Y
- 5.07%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 5.56%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $178.36K | $174.11K | $125.44K | |
| $89.93K | $107.48K | $111.05K |
IBHM vs. HYSD - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
IBHM iShares iBonds 2033 Term High Yield and Income ETF | 2.23% |
HYSD Columbia Short Duration High Yield ETF | 1.83% |
Correlation
The correlation between IBHM and HYSD is 0.81, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Mar 26, 2026 | 0.81 |
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Return for Risk
IBHM vs. HYSD — Risk / Return Rank
IBHM
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
HYSD
IBHM vs. HYSD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares iBonds 2033 Term High Yield and Income ETF (IBHM) and Columbia Short Duration High Yield ETF (HYSD). 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.
| IBHM | HYSD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.37 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.54 | — |
| Martin ratioReturn relative to average drawdown | — | 15.12 | — |
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Drawdowns
IBHM vs. HYSD - Drawdown Comparison
The maximum IBHM drawdown since its inception was -1.67%, smaller than the maximum HYSD drawdown of -2.69%. Use the drawdown chart below to compare losses from any high point for IBHM and HYSD.
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Drawdown Indicators
| IBHM | HYSD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.67% | -2.69% | +1.02% |
Max Drawdown (1Y)Largest decline over 1 year | — | -1.46% | — |
Current DrawdownCurrent decline from peak | -0.81% | -0.47% | -0.34% |
Average DrawdownAverage peak-to-trough decline | -0.41% | -0.25% | -0.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.34% | — |
Volatility
IBHM vs. HYSD - Volatility Comparison
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Volatility by Period
| IBHM | HYSD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.46% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 2.23% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 4.73% | 2.79% | +1.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.73% | 3.42% | +1.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.73% | 3.42% | +1.31% |
IBHM vs. HYSD - Expense Ratio Comparison
IBHM has a 0.35% expense ratio, which is lower than HYSD's 0.44% expense ratio.
Dividends
IBHM vs. HYSD - Dividend Comparison
IBHM's dividend yield for the trailing twelve months is around 1.58%, less than HYSD's 5.84% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
HYSD Columbia Short Duration High Yield ETF | 5.35% | 5.60% | 1.82% |
IBHM iShares iBonds 2033 Term High Yield and Income ETF | 1.58% | 0.00% | 0.00% |
Frequently Asked Questions
IBHM and HYSD have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IBHM is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IBHM is cheaper with a 0.35% expense ratio, compared with 0.44% for HYSD.
HYSD has the higher dividend yield at 5.35%, compared with 1.58% for IBHM.
They also come from different issuers: iShares and Columbia. Their fees differ too: 0.35% for IBHM and 0.44% for HYSD.
Find the right allocation for IBHM and HYSD
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