IHY vs. YLD
Compare and contrast key facts about VanEck Vectors International High Yield Bond ETF (IHY) and Principal Active High Yield ETF (YLD).
IHY and YLD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IHY is a passively managed fund by VanEck that tracks the performance of the Bank of America Merrill Lynch Global Ex-‐US Issuers High Yield Constrained Index. It was launched on Apr 2, 2012. YLD is an actively managed fund by Principal. It was launched on Jul 9, 2015.
Performance
IHY vs. YLD - Performance Comparison
Loading graphics...
IHY vs. YLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IHY VanEck Vectors International High Yield Bond ETF | -1.31% | 13.39% | 3.55% | 12.11% | -14.34% | -2.82% | 8.65% | 12.77% | -4.52% | 12.54% |
YLD Principal Active High Yield ETF | 0.88% | 6.55% | 9.19% | 12.93% | -8.78% | 9.17% | 1.50% | 13.58% | -3.30% | 9.12% |
Returns By Period
In the year-to-date period, IHY achieves a -1.31% return, which is significantly lower than YLD's 0.88% return. Over the past 10 years, IHY has underperformed YLD with an annualized return of 4.15%, while YLD has yielded a comparatively higher 5.97% annualized return.
IHY
- 1D
- 0.36%
- 1M
- -1.93%
- YTD
- -1.31%
- 6M
- -0.10%
- 1Y
- 8.29%
- 3Y*
- 8.02%
- 5Y*
- 1.78%
- 10Y*
- 4.15%
YLD
- 1D
- -0.07%
- 1M
- -0.60%
- YTD
- 0.88%
- 6M
- 1.03%
- 1Y
- 6.77%
- 3Y*
- 8.51%
- 5Y*
- 4.93%
- 10Y*
- 5.97%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
IHY vs. YLD - Expense Ratio Comparison
IHY has a 0.40% expense ratio, which is higher than YLD's 0.39% expense ratio.
Return for Risk
IHY vs. YLD — Risk / Return Rank
IHY
YLD
IHY vs. YLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Vectors International High Yield Bond ETF (IHY) and Principal Active High Yield ETF (YLD). 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.
| IHY | YLD | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.32 | 1.05 | +0.27 |
Sortino ratioReturn per unit of downside risk | 1.89 | 1.55 | +0.34 |
Omega ratioGain probability vs. loss probability | 1.26 | 1.25 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.78 | 1.56 | +0.21 |
Martin ratioReturn relative to average drawdown | 6.77 | 8.23 | -1.47 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| IHY | YLD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.32 | 1.05 | +0.27 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.23 | 0.78 | -0.54 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.54 | 0.72 | -0.18 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | 0.63 | -0.11 |
Correlation
The correlation between IHY and YLD is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
IHY vs. YLD - Dividend Comparison
IHY's dividend yield for the trailing twelve months is around 5.65%, less than YLD's 7.38% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IHY VanEck Vectors International High Yield Bond ETF | 5.65% | 5.31% | 5.60% | 5.26% | 4.97% | 4.55% | 4.65% | 4.86% | 4.70% | 4.36% | 5.11% | 5.79% |
YLD Principal Active High Yield ETF | 7.38% | 7.33% | 7.12% | 6.46% | 6.51% | 3.92% | 4.40% | 4.81% | 5.42% | 6.28% | 4.47% | 2.56% |
Drawdowns
IHY vs. YLD - Drawdown Comparison
The maximum IHY drawdown since its inception was -27.63%, roughly equal to the maximum YLD drawdown of -28.34%. Use the drawdown chart below to compare losses from any high point for IHY and YLD.
Loading graphics...
Drawdown Indicators
| IHY | YLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.63% | -28.34% | +0.71% |
Max Drawdown (1Y)Largest decline over 1 year | -4.75% | -4.42% | -0.33% |
Max Drawdown (5Y)Largest decline over 5 years | -27.63% | -13.89% | -13.74% |
Max Drawdown (10Y)Largest decline over 10 years | -27.63% | -28.34% | +0.71% |
Current DrawdownCurrent decline from peak | -3.33% | -0.85% | -2.48% |
Average DrawdownAverage peak-to-trough decline | -5.33% | -2.74% | -2.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.25% | 0.84% | +0.41% |
Volatility
IHY vs. YLD - Volatility Comparison
VanEck Vectors International High Yield Bond ETF (IHY) has a higher volatility of 2.51% compared to Principal Active High Yield ETF (YLD) at 2.34%. This indicates that IHY's price experiences larger fluctuations and is considered to be riskier than YLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| IHY | YLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.51% | 2.34% | +0.17% |
Volatility (6M)Calculated over the trailing 6-month period | 3.72% | 3.40% | +0.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.31% | 6.50% | -0.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.74% | 6.38% | +1.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.72% | 8.26% | -0.54% |