SYFI vs. IBHD

Last updated Jun 26, 2026

SYFI (AB Short Duration High Yield ETF) and IBHD (iShares iBonds 2024 Term High Yield & Income ETF) are both High Yield Bonds funds. SYFI is actively managed, while IBHD is passively managed. SYFI charges 0.40%/yr vs 0.35%/yr for IBHD.

Performance

SYFI vs. IBHD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AB Short Duration High Yield ETF (SYFI) and iShares iBonds 2024 Term High Yield & Income ETF (IBHD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

SYFI

• 1D: 0.06%
• 1M: 0.18%
• YTD: 1.83%
• 6M: 1.93%
• 1Y: 5.82%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IBHD

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

SYFI vs. IBHD - Yearly Performance Comparison

	2026 (YTD)
SYFI AB Short Duration High Yield ETF	1.46%
IBHD iShares iBonds 2024 Term High Yield & Income ETF	0.00%

Return for Risk

SYFI vs. IBHD — Risk / Return Rank

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

SYFI

SYFI Risk / Return Rank: 69
SYFI Sharpe Ratio Rank: 62
SYFI Sortino Ratio Rank: 68
SYFI Omega Ratio Rank: 65
SYFI Calmar Ratio Rank: 69
SYFI Martin Ratio Rank: 80

IBHD

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

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.

SYFI vs. IBHD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AB Short Duration High Yield ETF (SYFI) and iShares iBonds 2024 Term High Yield & Income ETF (IBHD). 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.

	SYFI	IBHD	Difference
Sharpe ratio: Return per unit of total volatility	1.81	—	—
Sortino ratio: Return per unit of downside risk	2.73	—	—
Omega ratio: Gain probability vs. loss probability	1.35	—	—
Calmar ratio: Return relative to maximum drawdown	3.01	—	—
Martin ratio: Return relative to average drawdown	13.69	—	—

Drawdowns

SYFI vs. IBHD - Drawdown Comparison

The maximum SYFI drawdown since its inception was -4.49%, which is greater than IBHD's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for SYFI and IBHD.

Drawdown Indicators

	SYFI	IBHD	Difference
Max Drawdown Largest peak-to-trough decline	-4.49%	0.00%	-4.49%
Max Drawdown (1Y) Largest decline over 1 year	-1.94%	—	—
Current Drawdown Current decline from peak	-0.15%	0.00%	-0.15%
Average Drawdown Average peak-to-trough decline	-0.35%	0.00%	-0.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.43%	—	—

Volatility

Volatility by Period

	SYFI	IBHD	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.81%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.49%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.22%	0.00%	+3.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.20%	0.00%	+4.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.20%	0.00%	+4.20%

SYFI vs. IBHD - Expense Ratio Comparison

SYFI has a 0.40% expense ratio, which is higher than IBHD's 0.35% expense ratio.

Dividends

SYFI vs. IBHD - Dividend Comparison

SYFI's dividend yield for the trailing twelve months is around 6.11%, while IBHD has not paid dividends to shareholders.

Position	TTM	2025	2024
IBHD iShares iBonds 2024 Term High Yield & Income ETF	0.00%	0.00%	0.00%
SYFI AB Short Duration High Yield ETF	6.11%	6.20%	3.26%

Frequently Asked Questions

Which ETF is better, SYFI or IBHD?

On fees, IBHD 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, SYFI or IBHD?

IBHD is cheaper with a 0.35% expense ratio, compared with 0.40% for SYFI.

Which ETF pays a higher dividend yield, SYFI or IBHD?

SYFI has the higher dividend yield at 6.11%, compared with 0.00% for IBHD.

What is the main difference between SYFI and IBHD?

They also come from different issuers: AllianceBernstein and iShares. Their fees differ too: 0.40% for SYFI and 0.35% for IBHD.