IBHM vs. SEIX
IBHM (iShares iBonds 2033 Term High Yield and Income ETF) and SEIX (Virtus Seix Senior Loan ETF) are both exchange-traded funds - IBHM is a High Yield Bonds fund tracking the Bloomberg 2033 Term High Yield and Income Index, while SEIX is a Bank Loan fund actively managed by Virtus. IBHM is passively managed, while SEIX is actively managed. Their 0.13 correlation means their historical movements had little consistent relationship. IBHM charges 0.35%/yr vs 0.57%/yr for SEIX.
Performance
IBHM vs. SEIX - Performance Comparison
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Returns By Period
IBHM
- 1D
- -0.08%
- 1M
- -0.73%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
SEIX
- 1D
- -0.02%
- 1M
- 0.68%
- 6M
- 3.10%
- YTD
- 2.94%
- 1Y
- 5.43%
- 3Y*
- 7.15%
- 5Y*
- 5.78%
- 10Y*
- —
- ALL TIME*
- 5.34%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $89.93K | $107.48K | $111.05K | |
| $1.82M | $1.54M | $1.82M |
IBHM vs. SEIX - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
IBHM iShares iBonds 2033 Term High Yield and Income ETF | 2.23% |
SEIX Virtus Seix Senior Loan ETF | 2.69% |
Correlation
The correlation between IBHM and SEIX is 0.13, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Mar 26, 2026 | 0.13 |
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Return for Risk
IBHM vs. SEIX — Risk / Return Rank
IBHM
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
SEIX
IBHM vs. SEIX - 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 Virtus Seix Senior Loan ETF (SEIX). 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 | SEIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.71 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 4.70 | — |
| Martin ratioReturn relative to average drawdown | — | 18.68 | — |
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Drawdowns
IBHM vs. SEIX - Drawdown Comparison
The maximum IBHM drawdown since its inception was -1.67%, smaller than the maximum SEIX drawdown of -17.51%. Use the drawdown chart below to compare losses from any high point for IBHM and SEIX.
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Drawdown Indicators
| IBHM | SEIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.67% | -17.51% | +15.84% |
Max Drawdown (1Y)Largest decline over 1 year | — | -1.13% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -3.01% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -6.69% | — |
Current DrawdownCurrent decline from peak | -0.81% | -0.20% | -0.61% |
Average DrawdownAverage peak-to-trough decline | -0.41% | -0.86% | +0.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.28% | — |
Volatility
IBHM vs. SEIX - Volatility Comparison
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Volatility by Period
| IBHM | SEIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.43% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 1.33% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 4.73% | 1.63% | +3.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.73% | 2.92% | +1.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.73% | 4.29% | +0.44% |
IBHM vs. SEIX - Expense Ratio Comparison
IBHM has a 0.35% expense ratio, which is lower than SEIX's 0.57% expense ratio.
Dividends
IBHM vs. SEIX - Dividend Comparison
IBHM's dividend yield for the trailing twelve months is around 1.58%, less than SEIX's 7.16% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
IBHM iShares iBonds 2033 Term High Yield and Income ETF | 1.58% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SEIX Virtus Seix Senior Loan ETF | 7.16% | 7.52% | 8.09% | 8.74% | 5.76% | 4.16% | 3.75% | 3.82% |
Frequently Asked Questions
IBHM and SEIX have a correlation of 0.13, 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 0.57% for SEIX.
SEIX has the higher dividend yield at 7.16%, compared with 1.58% for IBHM.
IBHM is categorized as High Yield Bonds, while SEIX is Bank Loan. They also come from different issuers: iShares and Virtus. Their fees differ too: 0.35% for IBHM and 0.57% for SEIX.
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