BHYB vs IVV

Quick Verdict

IVV has a lower expense ratio. IVV delivered stronger 1-year returns. BHYB offers more diversification with 1219 holdings.

Lower Fees: IVVHigher Returns: IVVMore Diversified: BHYB

Side-by-Side Comparison

MetricBHYBIVVWinner
Expense Ratio0.20%0.03%
AUM$2.6B$865.2B
Dividend Yield6.32%1.09%
Holdings1,464508
YTD Return+0.42%+9.93%
1Y Return+4.16%+19.59%
3Y Return (annualized)-+19.41%
5Y Return (annualized)-+12.89%
Volatility (annualized)3.4%15.1%
Max Drawdown-4.2%-56.5%
Fund FamilyXtrackers ETFsiShares by BlackRock (US)
CategoryFixed IncomeEquity
InceptionOct 27, 2023May 15, 2000

BHYB vs IVV Performance

Xtrackers USD High Yield BB-B ex Financials ETF (BHYB) is a ETF from Xtrackers ETFs and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year BHYB returned +4.16% while IVV returned +19.59%. Year to date, BHYB is up 0.42% versus a gain of 9.93% for IVV.

Risk: Volatility and Drawdowns

IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 3.4% for BHYB. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -4.2% for BHYB and -56.5% for IVV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.69. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

BHYB charges 0.20% per year while IVV charges 0.03%. On a $10,000 position that is $20 vs $3 annually, a gap of $17 per year that compounds over a long holding period. On income, BHYB currently yields 6.32% against 1.09% for IVV.

Holdings Overlap

0.0%overlap

BHYB and IVV share 0 holdings out of 1724 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Frequently Asked Questions

Which is cheaper, BHYB or IVV?

BHYB has an expense ratio of 0.20% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $17 per year of difference.

Which performed better, BHYB or IVV?

Over the past year BHYB returned +4.16% vs +19.59% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (3 years), BHYB annualized +7.26% vs +6.91% for IVV. Past performance does not guarantee future results.

Which is riskier, BHYB or IVV?

IVV has been the more volatile fund at 15.1% annualized versus 3.4% for BHYB. Worst drawdown: BHYB -4.2% vs IVV -56.5%.

Should I hold both BHYB and IVV?

BHYB and IVV have a monthly-return correlation of 0.69, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between BHYB and IVV?

BHYB and IVV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 1724 unique securities.

Which pays a higher dividend, BHYB or IVV?

BHYB yields 6.32% while IVV yields 1.09%, so BHYB currently pays the higher dividend yield.

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