LEND vs. USHY
LEND (SEI High Yield Bond & Alternative Credit ETF) and USHY (iShares Broad USD High Yield Corporate Bond ETF) are both High Yield Bonds funds. LEND is actively managed, while USHY is passively managed. A 0.62 correlation means they provide meaningful diversification when combined. LEND charges 0.65%/yr vs 0.15%/yr for USHY.
Performance
LEND vs. USHY - Performance Comparison
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Returns By Period
LEND
- 1D
- 0.48%
- 1M
- 1.10%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
USHY
- 1D
- -0.08%
- 1M
- 0.97%
- 6M
- 1.79%
- YTD
- 2.18%
- 1Y
- 6.15%
- 3Y*
- 9.26%
- 5Y*
- 4.13%
- 10Y*
- —
LEND vs. USHY - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
LEND SEI High Yield Bond & Alternative Credit ETF | 0.74% |
USHY iShares Broad USD High Yield Corporate Bond ETF | 1.51% |
Correlation
The correlation between LEND and USHY is 0.62, 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 May 18, 2026 | 0.62 |
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Return for Risk
LEND vs. USHY — Risk / Return Rank
LEND
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
USHY
LEND vs. USHY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SEI High Yield Bond & Alternative Credit ETF (LEND) and iShares Broad USD High Yield Corporate Bond ETF (USHY). 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.
| LEND | USHY | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.33 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.54 | — |
| Martin ratioReturn relative to average drawdown | — | 11.44 | — |
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Drawdowns
LEND vs. USHY - Drawdown Comparison
The maximum LEND drawdown since its inception was -0.87%, smaller than the maximum USHY drawdown of -22.44%. Use the drawdown chart below to compare losses from any high point for LEND and USHY.
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Drawdown Indicators
| LEND | USHY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.87% | -22.44% | +21.57% |
Max Drawdown (1Y)Largest decline over 1 year | — | -2.43% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -4.66% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -15.56% | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.08% | +0.08% |
Average DrawdownAverage peak-to-trough decline | -0.27% | -2.64% | +2.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.54% | — |
Volatility
LEND vs. USHY - Volatility Comparison
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Volatility by Period
| LEND | USHY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.88% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 2.97% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.38% | 3.66% | -0.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.38% | 7.35% | -3.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.38% | 8.21% | -4.83% |
LEND vs. USHY - Expense Ratio Comparison
LEND has a 0.65% expense ratio, which is higher than USHY's 0.15% expense ratio.
Dividends
LEND vs. USHY - Dividend Comparison
LEND's dividend yield for the trailing twelve months is around 0.98%, less than USHY's 6.89% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
LEND SEI High Yield Bond & Alternative Credit ETF | 0.98% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
USHY iShares Broad USD High Yield Corporate Bond ETF | 6.89% | 6.79% | 6.89% | 6.63% | 6.08% | 5.07% | 5.30% | 5.92% | 6.30% | 0.73% |
Frequently Asked Questions
LEND and USHY have a correlation of 0.62, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, USHY is cheaper at 0.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
USHY is cheaper with a 0.15% expense ratio, compared with 0.65% for LEND.
USHY has the higher dividend yield at 6.89%, compared with 0.98% for LEND.
They also come from different issuers: SEI and iShares. Their fees differ too: 0.65% for LEND and 0.15% for USHY.
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