IBHLvsUSHYETF Comparison
ETF 1
IBHL
iShares iBonds 2032 Term High Yield and Income ETF
This fund is part of
US Corporate HY Bonds
-0.14%
VS
ETF 2
USHY
iShares Broad USD High Yield Corporate Bond ETF
This fund is part of
US Corporate HY Bonds
-0.14%
iShares iBonds 2032 Term High Yield and Income ETF (IBHL) and iShares Broad USD High Yield Corporate Bond ETF (USHY) belong to the same industry segment: US Corporate HY Bonds. Both ETFs have the same top 3 sector exposures: Finance, Consumer Services and Industrials. IBHL is more expensive with a Total Expense Ratio (TER) of 0.35%, versus 0.08% for USHY. IBHL is down -0.71% year-to-date (YTD) with +$23M in YTD flows. USHY performs better with 0.12% YTD performance, and +$1.34B in YTD flows. Run a side-by-side ETF comparison of IBHL and USHY below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
IBHL vs USHY performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/16/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | IBHL USHY | -1.78%-1.59% | -2.24%-1.95% | -0.71%+0.12% | +1.05%+1.61% | n/a+27.40% | n/a+19.73% |
| Flows | IBHL USHY | +$5M-$1.64B | +$10M-$2.61B | +$23M+$1.34B | +$25M+$1.43B | -+$16.92B | -+$19.04B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | IBHL USHY | +3.56%+3.00% | +3.28%+2.78% | n/a+3.34% | n/a+4.86% |
| Max drawdown | IBHL USHY | -3.41%-2.85% | -3.41%-2.85% | n/a-3.86% | n/a-15.04% |
| Max drawdown duration | IBHL USHY | 50d50d | 50d50d | n/a68d | n/a721d |
Trading data
IBHL | USHY | |
Last sale 10/19/2026 at 1:30 PM | $24.35 | $35.51 |
| Previous close 10/16/2026 | $24.36 | $35.52 |
| Consolidated volume 10/16/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of September 30, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
IBHL | USHY | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 10/19/2026 at 1:30 PM
Live
Closed
IBHL | USHY | |
|---|---|---|
| Last price | $24.35 | $35.51 |
| 1D performance | -0.01% | -0.03% |
| AuM | $34.01 M | $25.48 B |
| E/R | 0.35% | 0.08% |
Characteristics
IBHL | USHY | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | iShares | iShares |
| Benchmark | Bloomberg 2032 Term High Yield and Income Index | ICE BofA US High Yield Constrained Index |
| N° of holdings | 217 | 1844 |
| Asset class | - | Bonds |
| Trailing 12m distribution yield | Join | Join |
| Inception date | March 25, 2025 | October 26, 2017 |
| ESG | No | No |
Advertisement
Exposure
Countries
IBHL
USA
86.18%
Other
13.82%
USHY
USA
86.95%
Other
13.05%
Sectors
IBHL
Finance
15.02%
Consumer Services
13.4%
Industrials
11.1%
Healthcare
10.1%
Business Services
9.57%
Energy
8.49%
Other
32.31%
USHY
Finance
16.78%
Consumer Services
11.75%
Industrials
11.16%
Energy
8.96%
Non-Energy Materi.
8.77%
Business Services
7.09%
Other
35.49%
Advertisement
Diversification
IBHL
Total weight of top 15 holdings out of 15
19.49%
USHY
Total weight of top 15 holdings out of 15
5.82%
Top 15 holdings
Data as of August 31, 2026
IBHL
1261229 B.C., 10% 15apr2032, USD
3.05%
Quikrete Holdings, 6.375% 1mar2032, USD
2.14%
BlackRock Cash Funds - Treasury
1.39%
CCO Holdings, 4.5% 1may2032, USD
1.33%
Beacon Roofing Supply, 6.75% 30apr2032, USD
1.23%
TransDigm, 6.625% 1mar2032, USD
1.20%
Venture Global LNG, 9.875% 1feb2032, USD
1.11%
Block, 6.5% 15may2032, USD
1.07%
IQVIA Holdings, 6.25% 1jun2032, USD
1.07%
PetSmart, 7.5% 15sep2032, USD
1.06%
Hub International, 7.375% 31jan2032, USD
1.02%
Voyager Parent, 9.25% 1jul2032, USD
0.99%
Altice France (SFR Group), 6.5% 15apr2032, USD
0.94%
Warner Bros. Discovery, 4.279% 15mar2032, USD
0.93%
Cloud Software Group, 8.25% 30jun2032, USD
0.93%
USHY
BlackRock Cash Funds - Treasury
1.76%
1261229 B.C., 10% 15apr2032, USD
0.49%
EchoStar, 10.75% 30nov2029, USD
0.40%
Meridian Arc HoldCo, 6.25% 30apr2031, USD
0.39%
Quikrete Holdings, 6.375% 1mar2032, USD
0.30%
PR RNO Property Owner 1, 6.5% 1may2031, USD
0.29%
Cloud Software Group, 6.5% 31mar2029, USD
0.27%
Cloud Software Group, 9% 30sep2029, USD
0.26%
Asurion LLC, 8% 31dec2032, USD
0.26%
SV RNO Property Owner 1, 5.875% 1mar2031, USD
0.25%
WULF Compute, 7.75% 15oct2030, USD
0.24%
Hub International, 7.25% 15jun2030, USD
0.24%
Nexstar Media, 6.5% 15sep2033, USD
0.23%
RP Escrow Issuer, 7.125% 1jun2031, USD
0.23%
Core Scientific Finance I, 7.75% 15may2031, USD
0.22%
Frequently asked questions about IBHL and USHY
How have the IBHL and USHY ETFs performed in 2026?
As of October 16, 2026, IBHL is down -0.71% year-to-date (YTD), while USHY has returned 0.12%. That puts USHY better performer ahead so far this year.
Which ETF is attracting more investor money: IBHL or USHY?
Year-to-date, the IBHL ETF saw +$23M in flows, compared to +$1.34B for USHY.
Which ETF is more volatile: IBHL or USHY?
Over the past year, IBHL had a volatility of 3.28%, while USHY experienced 2.78%.
Which ETF is bigger: IBHL or USHY?
As of October 16, 2026, IBHL holds $34.01 M in assets under management (AUM), while USHY manages $25.48 B.
What sectors do the IBHL and USHY ETFs invest in?
IBHL leans toward sectors like Finance, Consumer Services and Industrials. Meanwhile, USHY focuses on Finance, Consumer Services and Industrials.
What are the top holdings of the IBHL ETF and USHY ETF?
IBHL top holdings include 1261229 B.C., 10% 15apr2032, USD, Quikrete Holdings, 6.375% 1mar2032, USD and BlackRock Cash Funds - Treasury. USHY holds in its top three: BlackRock Cash Funds - Treasury, 1261229 B.C., 10% 15apr2032, USD and EchoStar, 10.75% 30nov2029, USD.
Which ETF is more diversified: IBHL or USHY?
IBHL holds 218 securities with 19.49% of its assets in the top 15. USHY has 1872 securities and a top 15 weight of 5.82%.
Advertisement
Latest news about IBHL & USHY
Schwab Launches New High-Yield Bond ETF on NYSE ARCA
July 13, 2023
USHY
Uptick to inflows in high-yield bond ETFs
December 16, 2022
USHY
Advertisement
Advertisement
