LDRH vs. SCYB

Last updated Jun 4, 2026

LDRH (iShares iBonds 1-5 Year High Yield and Income Ladder ETF) and SCYB (Schwab High Yield Bond ETF) are both High Yield Bonds funds - LDRH tracks the BlackRock iBonds 1-5 Year High Yield and Income Ladder Index while SCYB tracks the ICE BofA US Cash Pay High Yield Constrained Index. Both are passively managed. Over the past year, LDRH returned 6.43% vs 6.99% for SCYB. Their correlation of 0.85 suggests significant overlap in exposure. LDRH charges 0.35%/yr vs 0.03%/yr for SCYB.

Performance

LDRH vs. SCYB - 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 Schwab High Yield Bond ETF (SCYB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LDRH achieves a 1.79% return, which is significantly higher than SCYB's 1.55% return.

LDRH

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

SCYB

• 1D: -0.29%
• 1M: 0.36%
• YTD: 1.55%
• 6M: 1.87%
• 1Y: 6.99%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

LDRH vs. SCYB - 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%
SCYB Schwab High Yield Bond ETF	1.55%	8.33%	-0.40%

Correlation

The correlation between LDRH and SCYB is 0.83, 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	0.83
Correlation (All Time) Calculated using the full available price history since Nov 11, 2024	0.85

The correlation between LDRH and SCYB has been stable across timeframes, ranging from 0.83 to 0.85 - a consistent structural relationship.

LDRH vs. SCYB - Sectors Allocation Comparison

Sectors	LDRH	SCYB
Energy	100.0%	5.8%
Basic Materials	-	3.5%
Communication Services	-	8.9%
Consumer Cyclical	-	10.6%
Consumer Defensive	-	2.5%
Financial Services	-	4.9%
Healthcare	-	5.8%
Industrials	-	8.7%
Real Estate	-	4.2%
Technology	-	4.5%
Utilities	-	2.0%

Return for Risk

LDRH vs. SCYB — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LDRH

LDRH Risk / Return Rank: 85
LDRH Sharpe Ratio Rank: 76
LDRH Sortino Ratio Rank: 87
LDRH Omega Ratio Rank: 81
LDRH Calmar Ratio Rank: 88
LDRH Martin Ratio Rank: 91

SCYB

SCYB Risk / Return Rank: 59
SCYB Sharpe Ratio Rank: 54
SCYB Sortino Ratio Rank: 58
SCYB Omega Ratio Rank: 59
SCYB Calmar Ratio Rank: 57
SCYB Martin Ratio Rank: 68

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. SCYB - 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 Schwab High Yield Bond ETF (SCYB). 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	SCYB	Difference
Sharpe ratio: Return per unit of total volatility	2.48	1.88	+0.60
Sortino ratio: Return per unit of downside risk	3.99	2.81	+1.18
Omega ratio: Gain probability vs. loss probability	1.49	1.37	+0.12
Calmar ratio: Return relative to maximum drawdown	5.24	2.87	+2.37
Martin ratio: Return relative to average drawdown	21.81	12.87	+8.95
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. SCYB - Sharpe Ratio Comparison

The current LDRH Sharpe Ratio is 2.48, which is higher than the SCYB Sharpe Ratio of 1.88. The chart below compares the historical Sharpe Ratios of LDRH and SCYB, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	LDRH	SCYB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.48	1.88	+0.60
Sharpe Ratio (All Time) Calculated using the full available price history	1.69	1.68	0.00

Drawdowns

LDRH vs. SCYB - Drawdown Comparison

The maximum LDRH drawdown since its inception was -3.17%, smaller than the maximum SCYB drawdown of -4.92%. Use the drawdown chart below to compare losses from any high point for LDRH and SCYB.

Drawdown Indicators

	LDRH	SCYB	Difference
Max Drawdown Largest peak-to-trough decline	-3.17%	-4.92%	+1.75%
Max Drawdown (1Y) Largest decline over 1 year	-1.23%	-2.44%	+1.21%
Current Drawdown Current decline from peak	-0.20%	-0.33%	+0.13%
Average Drawdown Average peak-to-trough decline	-0.24%	-0.52%	+0.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.30%	0.54%	-0.24%

Volatility

LDRH vs. SCYB - Volatility Comparison

The current volatility for iShares iBonds 1-5 Year High Yield and Income Ladder ETF (LDRH) is 0.69%, while Schwab High Yield Bond ETF (SCYB) has a volatility of 1.07%. This indicates that LDRH experiences smaller price fluctuations and is considered to be less risky than SCYB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LDRH	SCYB	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.69%	1.07%	-0.38%
Volatility (6M) Calculated over the trailing 6-month period	1.97%	2.93%	-0.96%
Volatility (1Y) Calculated over the trailing 1-year period	2.61%	3.76%	-1.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.52%	5.13%	-1.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.52%	5.13%	-1.61%

LDRH vs. SCYB - Expense Ratio Comparison

LDRH has a 0.35% expense ratio, which is higher than SCYB's 0.03% expense ratio.

Dividends

LDRH vs. SCYB - Dividend Comparison

LDRH's dividend yield for the trailing twelve months is around 7.00%, which matches SCYB's 6.94% yield.

Position	TTM	2025	2024	2023
LDRH iShares iBonds 1-5 Year High Yield and Income Ladder ETF	7.00%	6.41%	1.13%	0.00%
SCYB Schwab High Yield Bond ETF	6.94%	6.99%	7.06%	3.36%

Frequently Asked Questions

Can I hold both LDRH and SCYB in my portfolio?

LDRH and SCYB have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LDRH or SCYB?

SCYB has higher volatility (1.07%) compared to LDRH (0.69%). In terms of maximum drawdown, LDRH dropped -3.17% vs SCYB's -4.92%.

Which ETF is better, LDRH or SCYB?

On 1-year performance, SCYB leads with 6.99% vs 6.43% for LDRH. On fees, SCYB is cheaper at 0.03% 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.

Which ETF has performed better, LDRH or SCYB?

Over the 1-year period, SCYB has performed better with a 6.99% return vs 6.43%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, LDRH or SCYB?

SCYB is cheaper with a 0.03% expense ratio, compared with 0.35% for LDRH.

Which ETF pays a higher dividend yield, LDRH or SCYB?

LDRH has the higher dividend yield at 7.00%, compared with 6.94% for SCYB.

What is the main difference between LDRH and SCYB?

LDRH tracks BlackRock iBonds 1-5 Year High Yield and Income Ladder Index, while SCYB tracks ICE BofA US Cash Pay High Yield Constrained Index. They also come from different issuers: iShares and Charles Schwab. Their fees differ too: 0.35% for LDRH and 0.03% for SCYB.

Which has better risk-adjusted returns?

LDRH currently has the higher Sharpe Ratio (2.48 vs 1.88), 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.