HYBB vs IVV
HYBB vs IVV
iShares BB Rated Corporate Bond ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. HYBB offers more diversification with 897 holdings.
Side-by-Side Comparison
| Metric | HYBB | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.25% | 0.03% | |
| AUM | $409M | $865.2B | |
| Dividend Yield | 5.27% | 1.09% | |
| Holdings | 1,076 | 508 | |
| YTD Return | +0.99% | +9.93% | |
| 1Y Return | +4.55% | +19.59% | |
| 3Y Return (annualized) | +7.28% | +19.41% | |
| 5Y Return (annualized) | +3.11% | +12.89% | |
| Volatility (annualized) | 6.9% | 15.1% | |
| Max Drawdown | -15.3% | -56.5% | |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) | |
| Category | Fixed Income | Equity | |
| Inception | Oct 6, 2020 | May 15, 2000 |
HYBB vs IVV Performance
iShares BB Rated Corporate Bond ETF (HYBB) is a ETF from iShares by BlackRock (US) and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year HYBB returned +4.55% while IVV returned +19.59%. Year to date, HYBB is up 0.99% versus a gain of 9.93% for IVV.
Over three years, HYBB compounded at +7.28% per year against +19.41% for IVV; over five years the annualized figures are +3.11% and +12.89% respectively. Across the full 6-year window we track, IVV has the edge at +6.91% annualized vs +3.67%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 6.9% for HYBB. 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 -15.3% for HYBB 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 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
HYBB charges 0.25% per year while IVV charges 0.03%. On a $10,000 position that is $25 vs $3 annually, a gap of $22 per year that compounds over a long holding period. On income, HYBB currently yields 5.27% against 1.09% for IVV.
Holdings Overlap
HYBB and IVV share 1 holdings out of 1401 unique holdings combined, representing a 0.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in HYBB | Weight in IVV | Difference |
|---|---|---|---|
| XTSLA | 1.46% | 0.15% | 1.31% |
Frequently Asked Questions
Which is cheaper, HYBB or IVV?
HYBB has an expense ratio of 0.25% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $22 per year of difference.
Which performed better, HYBB or IVV?
Over the past year HYBB returned +4.55% vs +19.59% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (6 years), HYBB annualized +3.67% vs +6.91% for IVV. Past performance does not guarantee future results.
Which is riskier, HYBB or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 6.9% for HYBB. Worst drawdown: HYBB -15.3% vs IVV -56.5%.
Should I hold both HYBB and IVV?
HYBB and IVV have a monthly-return correlation of 0.81, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between HYBB and IVV?
HYBB and IVV share 1 common holdings with a 0.1% weight overlap. Combined, they hold 1401 unique securities.
Which pays a higher dividend, HYBB or IVV?
HYBB yields 5.27% while IVV yields 1.09%, so HYBB currently pays the higher dividend yield.
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