LDRH vs. HYSD
LDRH (iShares iBonds 1-5 Year High Yield and Income Ladder ETF) and HYSD (Columbia Short Duration High Yield ETF) are both High Yield Bonds funds. LDRH is passively managed, while HYSD is actively managed. Over the past year, LDRH returned 6.43% vs 6.08% for HYSD. Their correlation of 0.81 suggests significant overlap in exposure. LDRH charges 0.35%/yr vs 0.44%/yr for HYSD.
Performance
LDRH vs. HYSD - Performance Comparison
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Returns By Period
In the year-to-date period, LDRH achieves a 1.79% return, which is significantly higher than HYSD's 1.67% return.
LDRH
- 1D
- -0.20%
- 1M
- 0.18%
- YTD
- 1.79%
- 6M
- 2.28%
- 1Y
- 6.43%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HYSD
- 1D
- -0.20%
- 1M
- 0.45%
- YTD
- 1.67%
- 6M
- 2.06%
- 1Y
- 6.08%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
LDRH vs. HYSD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
LDRH iShares iBonds 1-5 Year High Yield and Income Ladder ETF | 1.79% | 7.18% | 0.21% |
HYSD Columbia Short Duration High Yield ETF | 1.67% | 7.74% | -0.22% |
Correlation
The correlation between LDRH and HYSD is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.76 |
Correlation (All Time) Calculated using the full available price history since Nov 11, 2024 | 0.81 |
The correlation between LDRH and HYSD has been stable across timeframes, ranging from 0.76 to 0.81 - a consistent structural relationship.
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Return for Risk
LDRH vs. HYSD — Risk / Return Rank
LDRH
HYSD
LDRH vs. HYSD - 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 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.
| LDRH | HYSD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.30 | ||
| Sortino ratioReturn per unit of downside risk | +0.61 | ||
| Omega ratioGain probability vs. loss probability | 1.49 | 1.45 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 5.24 | 4.19 | +1.05 |
| Martin ratioReturn relative to average drawdown | 21.81 | 18.19 | +3.62 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| LDRH | HYSD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.48 | 2.18 | +0.30 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.69 | 1.71 | -0.02 |
Drawdowns
LDRH vs. HYSD - Drawdown Comparison
The maximum LDRH drawdown since its inception was -3.17%, which is greater than HYSD's maximum drawdown of -2.69%. Use the drawdown chart below to compare losses from any high point for LDRH and HYSD.
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Drawdown Indicators
| LDRH | HYSD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.17% | -2.69% | -0.48% |
Max Drawdown (1Y)Largest decline over 1 year | -1.23% | -1.46% | +0.23% |
Current DrawdownCurrent decline from peak | -0.20% | -0.22% | +0.02% |
Average DrawdownAverage peak-to-trough decline | -0.24% | -0.26% | +0.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.30% | 0.34% | -0.04% |
Volatility
LDRH vs. HYSD - Volatility Comparison
The current volatility for iShares iBonds 1-5 Year High Yield and Income Ladder ETF (LDRH) is 0.69%, while Columbia Short Duration High Yield ETF (HYSD) has a volatility of 0.97%. This indicates that LDRH experiences smaller price fluctuations and is considered to be less risky than HYSD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LDRH | HYSD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.69% | 0.97% | -0.28% |
Volatility (6M)Calculated over the trailing 6-month period | 1.97% | 2.14% | -0.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.61% | 2.81% | -0.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.52% | 3.52% | 0.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.52% | 3.52% | 0.00% |
LDRH vs. HYSD - Expense Ratio Comparison
LDRH has a 0.35% expense ratio, which is lower than HYSD's 0.44% expense ratio.
Dividends
LDRH vs. HYSD - Dividend Comparison
LDRH's dividend yield for the trailing twelve months is around 7.00%, more than HYSD's 5.80% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
HYSD Columbia Short Duration High Yield ETF | 5.80% | 5.60% | 1.82% |
LDRH iShares iBonds 1-5 Year High Yield and Income Ladder ETF | 7.00% | 6.41% | 1.13% |
Frequently Asked Questions
LDRH and HYSD have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HYSD has higher volatility (0.97%) compared to LDRH (0.69%). In terms of maximum drawdown, LDRH dropped -3.17% vs HYSD's -2.69%.
On 1-year performance, LDRH leads with 6.43% vs 6.08% for HYSD. 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, LDRH has performed better with a 6.43% return vs 6.08%. 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 0.44% for HYSD.
LDRH has the higher dividend yield at 7.00%, compared with 5.80% for HYSD.
They also come from different issuers: iShares and Columbia. Their fees differ too: 0.35% for LDRH and 0.44% for HYSD.
LDRH currently has the higher Sharpe Ratio (2.48 vs 2.18), 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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