VYMI vs. IBHH
VYMI (Vanguard International High Dividend Yield ETF) and IBHH (iShares iBonds 2028 Term High Yield and Income ETF) are both exchange-traded funds - VYMI is a Dividend fund tracking the FTSE All-World ex US High Dividend Yield Index, while IBHH is a High Yield Bonds fund tracking the Bloomberg 2028 Term High Yield and Income Index - Benchmark TR Gross. Both are passively managed. Over the past 3 years, VYMI returned 21.33%/yr vs 8.38%/yr for IBHH. A 0.58 correlation means they provide meaningful diversification when combined. VYMI charges 0.07%/yr vs 0.35%/yr for IBHH.
Performance
VYMI vs. IBHH - Performance Comparison
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Returns By Period
In the year-to-date period, VYMI achieves a 13.31% return, which is significantly higher than IBHH's 1.76% return.
VYMI
- 1D
- 0.37%
- 1M
- 2.99%
- YTD
- 13.31%
- 6M
- 14.52%
- 1Y
- 31.74%
- 3Y*
- 21.33%
- 5Y*
- 12.52%
- 10Y*
- 11.05%
IBHH
- 1D
- 0.11%
- 1M
- 0.57%
- YTD
- 1.76%
- 6M
- 2.27%
- 1Y
- 6.48%
- 3Y*
- 8.38%
- 5Y*
- —
- 10Y*
- —
VYMI vs. IBHH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
VYMI Vanguard International High Dividend Yield ETF | 13.31% | 38.05% | 7.06% | 17.07% | -4.15% |
IBHH iShares iBonds 2028 Term High Yield and Income ETF | 1.76% | 8.02% | 7.53% | 12.87% | -6.70% |
Correlation
The correlation between VYMI and IBHH is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.59 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.54 |
Correlation (All Time) Calculated using the full available price history since Mar 10, 2022 | 0.58 |
The correlation between VYMI and IBHH has been stable across timeframes, ranging from 0.54 to 0.59 - a consistent structural relationship.
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Return for Risk
VYMI vs. IBHH — Risk / Return Rank
VYMI
IBHH
VYMI vs. IBHH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard International High Dividend Yield ETF (VYMI) and iShares iBonds 2028 Term High Yield and Income ETF (IBHH). 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.
| VYMI | IBHH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.10 | ||
| Sortino ratioReturn per unit of downside risk | -0.24 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.45 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.15 | 5.32 | -2.17 |
| Martin ratioReturn relative to average drawdown | 12.32 | 21.24 | -8.92 |
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Drawdowns
VYMI vs. IBHH - Drawdown Comparison
The maximum VYMI drawdown since its inception was -40.00%, which is greater than IBHH's maximum drawdown of -12.05%. Use the drawdown chart below to compare losses from any high point for VYMI and IBHH.
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Drawdown Indicators
| VYMI | IBHH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.00% | -12.05% | -27.95% |
Max Drawdown (1Y)Largest decline over 1 year | -10.14% | -1.22% | -8.92% |
Max Drawdown (3Y)Largest decline over 3 years | -12.84% | -4.66% | -8.18% |
Max Drawdown (5Y)Largest decline over 5 years | -24.05% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -40.00% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.04% | +0.04% |
Average DrawdownAverage peak-to-trough decline | -6.29% | -2.28% | -4.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.58% | 0.31% | +2.27% |
Volatility
VYMI vs. IBHH - Volatility Comparison
Vanguard International High Dividend Yield ETF (VYMI) has a higher volatility of 4.41% compared to iShares iBonds 2028 Term High Yield and Income ETF (IBHH) at 0.70%. This indicates that VYMI's price experiences larger fluctuations and is considered to be riskier than IBHH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VYMI | IBHH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.41% | 0.70% | +3.71% |
Volatility (6M)Calculated over the trailing 6-month period | 11.14% | 2.10% | +9.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.29% | 2.83% | +10.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.91% | 7.23% | +7.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.85% | 7.23% | +9.62% |
VYMI vs. IBHH - Expense Ratio Comparison
VYMI has a 0.07% expense ratio, which is lower than IBHH's 0.35% expense ratio.
Dividends
VYMI vs. IBHH - Dividend Comparison
VYMI's dividend yield for the trailing twelve months is around 3.38%, less than IBHH's 6.26% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
IBHH iShares iBonds 2028 Term High Yield and Income ETF | 6.26% | 6.39% | 6.93% | 6.65% | 5.36% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VYMI Vanguard International High Dividend Yield ETF | 3.38% | 3.68% | 4.84% | 4.58% | 4.70% | 4.30% | 3.22% | 4.20% | 4.29% | 3.21% | 2.39% |
Frequently Asked Questions
VYMI and IBHH have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VYMI has higher volatility (4.41%) compared to IBHH (0.70%). In terms of maximum drawdown, VYMI dropped -40.00% vs IBHH's -12.05%.
On 3-year performance, VYMI leads with 21.33% vs 8.38% for IBHH. On fees, VYMI is cheaper at 0.07% per year. On volatility, IBHH has been the lower-risk option at 0.70%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, VYMI has performed better with a 21.33% return vs 8.38%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VYMI is cheaper with a 0.07% expense ratio, compared with 0.35% for IBHH.
IBHH has the higher dividend yield at 6.26%, compared with 3.38% for VYMI.
VYMI is categorized as Dividend, while IBHH is High Yield Bonds. VYMI tracks FTSE All-World ex US High Dividend Yield Index, while IBHH tracks Bloomberg 2028 Term High Yield and Income Index - Benchmark TR Gross. They also come from different issuers: Vanguard and iShares. Their fees differ too: 0.07% for VYMI and 0.35% for IBHH.
VYMI currently has the higher Sharpe Ratio (2.40 vs 2.31), 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.
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