LDRH vs. JPHY
LDRH (iShares iBonds 1-5 Year High Yield and Income Ladder ETF) and JPHY (JPMorgan High Yield Research Enhanced ETF) are both High Yield Bonds funds. LDRH is passively managed, while JPHY is actively managed. Over the past year, LDRH returned 5.77% vs 6.37% for JPHY. A 0.76 correlation means they provide meaningful diversification when combined. LDRH charges 0.35%/yr vs 0.24%/yr for JPHY.
Performance
LDRH vs. JPHY - Performance Comparison
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Returns By Period
In the year-to-date period, LDRH achieves a 1.96% return, which is significantly lower than JPHY's 2.22% return.
LDRH
- 1D
- -0.02%
- 1M
- 0.31%
- YTD
- 1.96%
- 6M
- 1.88%
- 1Y
- 5.77%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
JPHY
- 1D
- -0.03%
- 1M
- 0.45%
- YTD
- 2.22%
- 6M
- 2.19%
- 1Y
- 6.37%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
LDRH vs. JPHY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
LDRH iShares iBonds 1-5 Year High Yield and Income Ladder ETF | 1.96% | 3.74% |
JPHY JPMorgan High Yield Research Enhanced ETF | 2.22% | 4.06% |
Correlation
The correlation between LDRH and JPHY 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 (All Time) Calculated using the full available price history since Jun 25, 2025 | 0.76 |
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Return for Risk
LDRH vs. JPHY — Risk / Return Rank
LDRH
JPHY
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
LDRH vs. JPHY - 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 JPMorgan High Yield Research Enhanced ETF (JPHY). 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.
| LDRH | JPHY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.43 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 4.70 | — | — |
| Martin ratioReturn relative to average drawdown | 19.42 | — | — |
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Drawdowns
LDRH vs. JPHY - Drawdown Comparison
The maximum LDRH drawdown since its inception was -3.17%, which is greater than JPHY's maximum drawdown of -1.65%. Use the drawdown chart below to compare losses from any high point for LDRH and JPHY.
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Drawdown Indicators
| LDRH | JPHY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.17% | -1.65% | -1.52% |
Max Drawdown (1Y)Largest decline over 1 year | -1.23% | -1.65% | +0.42% |
Current DrawdownCurrent decline from peak | -0.28% | -0.15% | -0.13% |
Average DrawdownAverage peak-to-trough decline | -0.24% | -0.21% | -0.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.30% | — | — |
Volatility
LDRH vs. JPHY - Volatility Comparison
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Volatility by Period
| LDRH | JPHY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.61% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 1.97% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 2.60% | 3.01% | -0.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.47% | 3.01% | +0.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.47% | 3.01% | +0.46% |
LDRH vs. JPHY - Expense Ratio Comparison
LDRH has a 0.35% expense ratio, which is higher than JPHY's 0.24% expense ratio.
Dividends
LDRH vs. JPHY - Dividend Comparison
LDRH's dividend yield for the trailing twelve months is around 6.99%, more than JPHY's 5.91% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
JPHY JPMorgan High Yield Research Enhanced ETF | 5.91% | 3.32% | 0.00% |
LDRH iShares iBonds 1-5 Year High Yield and Income Ladder ETF | 6.99% | 6.41% | 1.13% |
Frequently Asked Questions
LDRH and JPHY 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.
On 1-year performance, JPHY leads with 6.37% vs 5.77% for LDRH. 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.
Over the 1-year period, JPHY has performed better with a 6.37% return vs 5.77%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
JPHY is cheaper with a 0.24% expense ratio, compared with 0.35% for LDRH.
LDRH has the higher dividend yield at 6.99%, compared with 5.91% for JPHY.
They also come from different issuers: iShares and JPMorgan. Their fees differ too: 0.35% for LDRH and 0.24% for JPHY.
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