JPHY vs. IBHJ
JPHY (JPMorgan High Yield Research Enhanced ETF) and IBHJ (iShares iBonds 2030 Term High Yield and Income ETF) are both High Yield Bonds funds. JPHY is actively managed, while IBHJ is passively managed. Their correlation of 0.82 suggests significant overlap in exposure. JPHY charges 0.24%/yr vs 0.35%/yr for IBHJ.
Performance
JPHY vs. IBHJ - Performance Comparison
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Returns By Period
In the year-to-date period, JPHY achieves a 2.07% return, which is significantly higher than IBHJ's 1.50% return.
JPHY
- 1D
- -0.09%
- 1M
- 0.44%
- YTD
- 2.07%
- 6M
- 2.33%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IBHJ
- 1D
- -0.34%
- 1M
- 0.50%
- YTD
- 1.50%
- 6M
- 2.06%
- 1Y
- 7.29%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
JPHY vs. IBHJ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
JPHY JPMorgan High Yield Research Enhanced ETF | 2.07% | 4.00% |
IBHJ iShares iBonds 2030 Term High Yield and Income ETF | 1.50% | 4.34% |
Correlation
The correlation between JPHY and IBHJ is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 26, 2025 | 0.82 |
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Return for Risk
JPHY vs. IBHJ — Risk / Return Rank
JPHY
IBHJ
JPHY vs. IBHJ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan High Yield Research Enhanced ETF (JPHY) and iShares iBonds 2030 Term High Yield and Income ETF (IBHJ). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Sharpe Ratios by Period
| JPHY | IBHJ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 1.80 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 2.17 | 1.53 | +0.64 |
Drawdowns
JPHY vs. IBHJ - Drawdown Comparison
The maximum JPHY drawdown since its inception was -1.65%, smaller than the maximum IBHJ drawdown of -4.93%. Use the drawdown chart below to compare losses from any high point for JPHY and IBHJ.
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Drawdown Indicators
| JPHY | IBHJ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.65% | -4.93% | +3.28% |
Max Drawdown (1Y)Largest decline over 1 year | — | -2.46% | — |
Current DrawdownCurrent decline from peak | -0.09% | -0.39% | +0.30% |
Average DrawdownAverage peak-to-trough decline | -0.21% | -0.62% | +0.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.54% | — |
Volatility
JPHY vs. IBHJ - Volatility Comparison
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Volatility by Period
| JPHY | IBHJ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.09% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 3.20% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.04% | 4.07% | -1.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.04% | 5.95% | -2.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.04% | 5.95% | -2.91% |
JPHY vs. IBHJ - Expense Ratio Comparison
JPHY has a 0.24% expense ratio, which is lower than IBHJ's 0.35% expense ratio.
Dividends
JPHY vs. IBHJ - Dividend Comparison
JPHY's dividend yield for the trailing twelve months is around 5.92%, less than IBHJ's 6.68% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
IBHJ iShares iBonds 2030 Term High Yield and Income ETF | 6.68% | 6.64% | 6.87% | 3.66% |
JPHY JPMorgan High Yield Research Enhanced ETF | 5.92% | 3.32% | 0.00% | 0.00% |
Frequently Asked Questions
JPHY and IBHJ have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, JPHY is cheaper at 0.24% per year. The better choice depends on whether you care most about return, fees, risk, or income.
JPHY is cheaper with a 0.24% expense ratio, compared with 0.35% for IBHJ.
IBHJ has the higher dividend yield at 6.68%, compared with 5.92% for JPHY.
They also come from different issuers: JPMorgan and iShares. Their fees differ too: 0.24% for JPHY and 0.35% for IBHJ.
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