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LDRH vs. HYGV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

LDRH vs. HYGV

Last updated Jun 4, 2026

LDRH (iShares iBonds 1-5 Year High Yield and Income Ladder ETF) and HYGV (FlexShares High Yield Value-Scored US Bond Index Fund) are both High Yield Bonds funds - LDRH tracks the BlackRock iBonds 1-5 Year High Yield and Income Ladder Index while HYGV tracks the Northern Trust High Yield Value-Scored US Corporate Bond Index. Both are passively managed. Over the past year, LDRH returned 6.43% vs 6.94% for HYGV. Their correlation of 0.87 suggests significant overlap in exposure. LDRH charges 0.35%/yr vs 0.37%/yr for HYGV.

Performance

LDRH vs. HYGV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares iBonds 1-5 Year High Yield and Income Ladder ETF (LDRH) and FlexShares High Yield Value-Scored US Bond Index Fund (HYGV). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, LDRH achieves a 1.79% return, which is significantly higher than HYGV's 1.42% return.

LDRH

1D
-0.20%
1M
0.18%
YTD
1.79%
6M
2.28%
1Y
6.43%
3Y*
—
5Y*
—
10Y*
—

HYGV

1D
-0.24%
1M
0.33%
YTD
1.42%
6M
1.66%
1Y
6.94%
3Y*
8.38%
5Y*
3.49%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

LDRH vs. HYGV - Yearly Performance Comparison

2026 (YTD)20252024
LDRH
iShares iBonds 1-5 Year High Yield and Income Ladder ETF		1.79%7.18%0.21%
HYGV
FlexShares High Yield Value-Scored US Bond Index Fund		1.42%7.92%-0.45%

Correlation

The correlation between LDRH and HYGV is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.85

Correlation (All Time)
Calculated using the full available price history since Nov 11, 2024

0.87

The correlation between LDRH and HYGV has been stable across timeframes, ranging from 0.85 to 0.87 - a consistent structural relationship.

LDRH vs. HYGV - Sectors Allocation Comparison

Sectors
LDRH
HYGV

Energy

100.0%
100.0%

Basic Materials

-

-

Communication Services

-

-

Consumer Cyclical

-

-

Consumer Defensive

-

-

Financial Services

-

-

Healthcare

-

-

Industrials

-

-

Real Estate

-

-

Technology

-

-

Utilities

-

-

Energy

LDRH
100.0%
HYGV
100.0%

Basic Materials

LDRH

-

HYGV

-

Communication Services

LDRH

-

HYGV

-

Consumer Cyclical

LDRH

-

HYGV

-

Consumer Defensive

LDRH

-

HYGV

-

Financial Services

LDRH

-

HYGV

-

Healthcare

LDRH

-

HYGV

-

Industrials

LDRH

-

HYGV

-

Real Estate

LDRH

-

HYGV

-

Technology

LDRH

-

HYGV

-

Utilities

LDRH

-

HYGV

-

Compare stocks, funds, or ETFs

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iShares iBonds 1-5 Year High Yield and Income Ladder ETF

FlexShares High Yield Value-Scored US Bond Index Fund

Often compared with LDRH:
LDRH vs. IBHELDRH vs. HYBLLDRH vs. SPHYLDRH vs. HYSLDRH vs. VGHYLDRH vs. GHYBLDRH vs. IBHG
Often compared with HYGV:
HYGV vs. HYGHYGV vs. SPYHYGV vs. SPHYHYGV vs. HYGHHYGV vs. PFXFHYGV vs. SCHDHYGV vs. HYUP

Return for Risk

LDRH vs. HYGV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
LDRH
LDRH Risk / Return Rank: 8585
Overall Rank
LDRH Sharpe Ratio Rank: 7676
Sharpe Ratio Rank
LDRH Sortino Ratio Rank: 8787
Sortino Ratio Rank
LDRH Omega Ratio Rank: 8181
Omega Ratio Rank
LDRH Calmar Ratio Rank: 8888
Calmar Ratio Rank
LDRH Martin Ratio Rank: 9191
Martin Ratio Rank
HYGV
HYGV Risk / Return Rank: 5656
Overall Rank
HYGV Sharpe Ratio Rank: 5252
Sharpe Ratio Rank
HYGV Sortino Ratio Rank: 5858
Sortino Ratio Rank
HYGV Omega Ratio Rank: 5656
Omega Ratio Rank
HYGV Calmar Ratio Rank: 5252
Calmar Ratio Rank
HYGV Martin Ratio Rank: 6262
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LDRH vs. HYGV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares iBonds 1-5 Year High Yield and Income Ladder ETF (LDRH) and FlexShares High Yield Value-Scored US Bond Index Fund (HYGV). 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.

LDRHHYGVDifference
Sharpe ratioReturn per unit of total volatility
2.48
1.81

+0.66

Sortino ratioReturn per unit of downside risk
3.99
2.79

+1.20

Omega ratioGain probability vs. loss probability

1.49

1.35

+0.14

Calmar ratioReturn relative to maximum drawdown

5.24

2.60

+2.65

Martin ratioReturn relative to average drawdown

21.81

11.22

+10.60

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LDRH vs. HYGV - Sharpe Ratio Comparison

The current LDRH Sharpe Ratio is 2.48, which is higher than the HYGV Sharpe Ratio of 1.81. The chart below compares the historical Sharpe Ratios of LDRH and HYGV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

LDRHHYGVDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.48

1.81

+0.66

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.46

—

Sharpe Ratio (All Time)

Calculated using the full available price history

1.69

0.55

+1.14

Drawdowns

LDRH vs. HYGV - Drawdown Comparison

The maximum LDRH drawdown since its inception was -3.17%, smaller than the maximum HYGV drawdown of -23.47%. Use the drawdown chart below to compare losses from any high point for LDRH and HYGV.

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Drawdown Indicators

LDRHHYGVDifference

Max Drawdown

Largest peak-to-trough decline

-3.17%

-23.47%

+20.30%

Max Drawdown (1Y)

Largest decline over 1 year

-1.23%

-2.68%

+1.45%

Max Drawdown (3Y)

Largest decline over 3 years

—

-5.56%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-17.12%

—

Current Drawdown

Current decline from peak

-0.20%

-0.27%

+0.07%

Average Drawdown

Average peak-to-trough decline

-0.24%

-3.32%

+3.08%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.30%

0.62%

-0.32%

Volatility

LDRH vs. HYGV - Volatility Comparison

The current volatility for iShares iBonds 1-5 Year High Yield and Income Ladder ETF (LDRH) is 0.69%, while FlexShares High Yield Value-Scored US Bond Index Fund (HYGV) has a volatility of 1.17%. This indicates that LDRH experiences smaller price fluctuations and is considered to be less risky than HYGV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

LDRHHYGVDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.69%

1.17%

-0.48%

Volatility (6M)

Calculated over the trailing 6-month period

1.97%

3.02%

-1.05%

Volatility (1Y)

Calculated over the trailing 1-year period

2.61%

3.85%

-1.24%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

3.52%

7.59%

-4.07%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

3.52%

9.20%

-5.68%

LDRH vs. HYGV - Expense Ratio Comparison

LDRH has a 0.35% expense ratio, which is lower than HYGV's 0.37% expense ratio.

Dividends

LDRH vs. HYGV - Dividend Comparison

LDRH's dividend yield for the trailing twelve months is around 7.00%, less than HYGV's 7.41% yield.

PositionTTM20252024202320222021202020192018
HYGV
FlexShares High Yield Value-Scored US Bond Index Fund		7.41%7.48%8.20%8.77%7.64%6.07%6.18%7.95%5.63%
LDRH
iShares iBonds 1-5 Year High Yield and Income Ladder ETF		7.00%6.41%1.13%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

LDRH and HYGV have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

HYGV has higher volatility (1.17%) compared to LDRH (0.69%). In terms of maximum drawdown, LDRH dropped -3.17% vs HYGV's -23.47%.

On 1-year performance, HYGV leads with 6.94% vs 6.43% for LDRH. On fees, LDRH is cheaper at 0.35% per year. On volatility, LDRH has been the lower-risk option at 0.69%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 1-year period, HYGV has performed better with a 6.94% return vs 6.43%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

LDRH is cheaper with a 0.35% expense ratio, compared with 0.37% for HYGV.

HYGV has the higher dividend yield at 7.41%, compared with 7.00% for LDRH.

LDRH tracks BlackRock iBonds 1-5 Year High Yield and Income Ladder Index, while HYGV tracks Northern Trust High Yield Value-Scored US Corporate Bond Index. They also come from different issuers: iShares and Northern Trust. Their fees differ too: 0.35% for LDRH and 0.37% for HYGV.

LDRH currently has the higher Sharpe Ratio (2.48 vs 1.81), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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