HYDB vs IVV
iShares High Yield Systematic Bond ETF vs iShares Core S&P 500 ETF
Which is better, HYDB or IVV?
High Yield Bond against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | HYDB | IVV |
|---|---|---|
| Expense Ratio | 0.35% | 0.03%Best |
| AUM | $1.6B | $876.4B |
| Dividend Yield | 6.96% | 1.06% |
| Holdings | 254 | 508 |
| YTD Return | -3.39% | +11.51%Best |
| 1Y Return | -2.78% | +15.96%Best |
| 3Y Return (annualized) | +6.53% | +21.01%Best |
| 5Y Return (annualized) | +3.15% | +12.66%Best |
| Volatility (annualized) | 7.7%Best | 16.1% |
| Max Drawdown | -21.6%Best | -33.9% |
| $10,000 over 5 years | $11,677 | $18,149Best |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) |
| Category | Fixed Income | Equity |
| Style | High Yield Bond | Large Cap Blend |
| Inception | Jul 11, 2017 | May 15, 2000 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jul 13, 2017 to Sep 15, 2026 (9.2 years).
HYDB vs IVV growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 9.2 years both funds cover.
HYDB vs IVV Performance
iShares High Yield Systematic Bond ETF (HYDB) is an ETF from iShares by BlackRock (US) and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year HYDB returned -2.78% while IVV returned +15.96%. Year to date, HYDB is down 3.39% versus a gain of 11.51% for IVV.
Over three years, HYDB compounded at +6.53% per year against +21.01% for IVV; over five years the annualized figures are +3.15% and +12.66% respectively. Across the full 9-year window we track, IVV has the edge at +14.05% annualized vs +4.73%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 16.1% compared with 7.7% for HYDB. 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 -21.6% for HYDB and -33.9% for IVV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
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
HYDB charges 0.35% per year while IVV charges 0.03%. On a $10,000 position that is $35 vs $3 annually, a gap of $32 per year that compounds over a long holding period. On income, HYDB currently yields 6.96% against 1.06% for IVV.
Holdings Overlap
At least 0.1% of IVV's money is in holdings HYDB also owns.
Stated as a floor: for HYDB, our book for it covers 74.9% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 186 positions we hold weights for in HYDB and 490 in IVV, against full books of 254 and 508.
Top Shared Holdings
| Stock | Weight in HYDB | Weight in IVV | Difference |
|---|---|---|---|
| XTSLABlackrock Cash Funds: Treasury, Sl Agency Shares | 1.59% | 0.15% | 1.44% |
You are not choosing between two funds in isolation.
Whichever of HYDB and IVV you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, HYDB or IVV?
HYDB has an expense ratio of 0.35% while IVV charges 0.03%. IVV is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, HYDB or IVV?
Over the past year HYDB returned -2.78% vs +15.96% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (9 years), HYDB annualized +4.73% vs +14.05% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HYDB or IVV?
IVV has been the more volatile fund at 16.1% annualized versus 7.7% for HYDB. Worst drawdown: HYDB -21.6% vs IVV -33.9%.
Should I hold both HYDB and IVV?
HYDB and IVV have a monthly-return correlation of 0.81, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, HYDB or IVV?
HYDB yields 6.96% while IVV yields 1.06%, so HYDB currently pays the higher dividend yield.
Is IVV better than HYDB?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.