SNLN vs. LDRH

Last updated Jun 4, 2026

SNLN (Highland iBoxx Senior Loan ETF) and LDRH (iShares iBonds 1-5 Year High Yield and Income Ladder ETF) are both High Yield Bonds funds - SNLN tracks the Markit iBoxx USD Liquid Leveraged Loan Index while LDRH tracks the BlackRock iBonds 1-5 Year High Yield and Income Ladder Index. Both are passively managed. SNLN charges 0.75%/yr vs 0.35%/yr for LDRH.

Performance

SNLN vs. LDRH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Highland iBoxx Senior Loan ETF (SNLN) and iShares iBonds 1-5 Year High Yield and Income Ladder ETF (LDRH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SNLN

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

LDRH

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

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

SNLN vs. LDRH - Yearly Performance Comparison

	2026 (YTD)	2025	2024
SNLN Highland iBoxx Senior Loan ETF	0.00%	0.00%	0.00%
LDRH iShares iBonds 1-5 Year High Yield and Income Ladder ETF	1.79%	7.18%	0.21%

SNLN vs. LDRH - Sectors Allocation Comparison

Sectors	SNLN	LDRH
Industrials	100.0%	-
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	100.0%
Financial Services	-	-
Healthcare	-	-
Real Estate	-	-
Technology	-	-
Utilities	-	-

Return for Risk

SNLN vs. LDRH — 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

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.

SNLN vs. LDRH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Highland iBoxx Senior Loan ETF (SNLN) and iShares iBonds 1-5 Year High Yield and Income Ladder ETF (LDRH). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	SNLN	LDRH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.48	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	1.69	—

Drawdowns

Drawdown Indicators

	SNLN	LDRH	Difference
Max Drawdown Largest peak-to-trough decline	—	-3.17%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-1.23%	—
Current Drawdown Current decline from peak	—	-0.20%	—
Average Drawdown Average peak-to-trough decline	—	-0.24%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.30%	—

Volatility

Volatility by Period

	SNLN	LDRH	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.69%	—
Volatility (6M) Calculated over the trailing 6-month period	—	1.97%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	2.61%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	3.52%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	3.52%	—

SNLN vs. LDRH - Expense Ratio Comparison

SNLN has a 0.75% expense ratio, which is higher than LDRH's 0.35% expense ratio.

Dividends

SNLN vs. LDRH - Dividend Comparison

SNLN has not paid dividends to shareholders, while LDRH's dividend yield for the trailing twelve months is around 7.00%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LDRH iShares iBonds 1-5 Year High Yield and Income Ladder ETF	7.00%	6.41%	1.13%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SNLN Highland iBoxx Senior Loan ETF	0.00%	0.00%	0.00%	5.50%	4.88%	2.83%	3.21%	4.72%	5.03%	4.75%	4.36%	4.36%

Frequently Asked Questions

Which ETF is better, SNLN or LDRH?

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.

Which ETF is cheaper, SNLN or LDRH?

LDRH is cheaper with a 0.35% expense ratio, compared with 0.75% for SNLN.

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

LDRH has the higher dividend yield at 7.00%, compared with 0.00% for SNLN.

What is the main difference between SNLN and LDRH?

SNLN tracks Markit iBoxx USD Liquid Leveraged Loan Index, while LDRH tracks BlackRock iBonds 1-5 Year High Yield and Income Ladder Index. They also come from different issuers: Highland Capital Management and iShares. Their fees differ too: 0.75% for SNLN and 0.35% for LDRH.