LDRH vs. MHY
LDRH (iShares iBonds 1-5 Year High Yield and Income Ladder ETF) and MHY (Man Active High Yield ETF) are both High Yield Bonds funds. LDRH is passively managed, while MHY is actively managed. A 0.67 correlation means they provide meaningful diversification when combined. LDRH charges 0.35%/yr vs 0.69%/yr for MHY.
Performance
LDRH vs. MHY - Performance Comparison
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Returns By Period
In the year-to-date period, LDRH achieves a 2.02% return, which is significantly lower than MHY's 4.31% return.
LDRH
- 1D
- 0.06%
- 1M
- 0.18%
- YTD
- 2.02%
- 6M
- 1.94%
- 1Y
- 5.87%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MHY
- 1D
- 0.28%
- 1M
- 1.65%
- YTD
- 4.31%
- 6M
- 4.20%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
LDRH vs. MHY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
LDRH iShares iBonds 1-5 Year High Yield and Income Ladder ETF | 2.02% | 1.46% |
MHY Man Active High Yield ETF | 4.31% | 1.54% |
Correlation
The correlation between LDRH and MHY is 0.67, 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 Sep 18, 2025 | 0.67 |
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Return for Risk
LDRH vs. MHY — Risk / Return Rank
LDRH
MHY
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
LDRH vs. MHY - 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 Man Active High Yield ETF (MHY). 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 | MHY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.44 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 4.79 | — | — |
| Martin ratioReturn relative to average drawdown | 19.76 | — | — |
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Drawdowns
LDRH vs. MHY - Drawdown Comparison
The maximum LDRH drawdown since its inception was -3.17%, which is greater than MHY's maximum drawdown of -1.58%. Use the drawdown chart below to compare losses from any high point for LDRH and MHY.
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Drawdown Indicators
| LDRH | MHY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.17% | -1.58% | -1.59% |
Max Drawdown (1Y)Largest decline over 1 year | -1.23% | — | — |
Current DrawdownCurrent decline from peak | -0.22% | 0.00% | -0.22% |
Average DrawdownAverage peak-to-trough decline | -0.24% | -0.29% | +0.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.30% | — | — |
Volatility
LDRH vs. MHY - Volatility Comparison
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Volatility by Period
| LDRH | MHY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.58% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 1.97% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 2.60% | 2.99% | -0.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.47% | 2.99% | +0.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.47% | 2.99% | +0.48% |
LDRH vs. MHY - Expense Ratio Comparison
LDRH has a 0.35% expense ratio, which is lower than MHY's 0.69% expense ratio.
Dividends
LDRH vs. MHY - Dividend Comparison
LDRH's dividend yield for the trailing twelve months is around 6.98%, more than MHY's 5.29% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
LDRH iShares iBonds 1-5 Year High Yield and Income Ladder ETF | 6.98% | 6.41% | 1.13% |
MHY Man Active High Yield ETF | 5.29% | 3.42% | 0.00% |
Frequently Asked Questions
LDRH and MHY have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, LDRH is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LDRH is cheaper with a 0.35% expense ratio, compared with 0.69% for MHY.
LDRH has the higher dividend yield at 6.98%, compared with 5.29% for MHY.
They also come from different issuers: iShares and Man Group. Their fees differ too: 0.35% for LDRH and 0.69% for MHY.
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