LDRH vs SPY
iShares iBonds 1-5 Year High Yield and Income Ladder ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 503 holdings.
Side-by-Side Comparison
| Metric | LDRH | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.35% | 0.09% | |
| AUM | $23M | $789.1B | |
| Dividend Yield | 6.47% | 1.01% | |
| Holdings | 1,267 | 505 | |
| YTD Return | +1.52% | +13.75% | |
| 1Y Return | +4.34% | +22.91% | |
| 3Y Return (annualized) | - | +21.67% | |
| 5Y Return (annualized) | - | +13.32% | |
| Volatility (annualized) | 1.8% | 15.3% | |
| Max Drawdown | -3.2% | -56.5% | |
| Fund Family | iShares by BlackRock (US) | State Street Investment Management | |
| Category | Fixed Income | Equity | |
| Inception | Nov 7, 2024 | Jan 22, 1993 |
LDRH vs SPY Performance
iShares iBonds 1-5 Year High Yield and Income Ladder ETF (LDRH) is a ETF from iShares by BlackRock (US) and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year LDRH returned +4.34% while SPY returned +22.91%. Year to date, LDRH is up 1.52% versus a gain of 13.75% for SPY.
Risk: Volatility and Drawdowns
SPY has been the more volatile fund, with annualized monthly volatility of 15.3% compared with 1.8% for LDRH. 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 -3.2% for LDRH and -56.5% for SPY. 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 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
LDRH charges 0.35% per year while SPY charges 0.09%. On a $10,000 position that is $35 vs $9 annually, a gap of $26 per year that compounds over a long holding period. On income, LDRH currently yields 6.47% against 1.01% for SPY.
Holdings Overlap
LDRH and SPY share 0 holdings out of 509 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, LDRH or SPY?
LDRH has an expense ratio of 0.35% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $26 per year of difference.
Which performed better, LDRH or SPY?
Over the past year LDRH returned +4.34% vs +22.91% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (2 years), LDRH annualized +5.04% vs +8.85% for SPY. Past performance does not guarantee future results.
Which is riskier, LDRH or SPY?
SPY has been the more volatile fund at 15.3% annualized versus 1.8% for LDRH. Worst drawdown: LDRH -3.2% vs SPY -56.5%.
Should I hold both LDRH and SPY?
LDRH and SPY have a monthly-return correlation of 0.73, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between LDRH and SPY?
LDRH and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 509 unique securities.
Which pays a higher dividend, LDRH or SPY?
LDRH yields 6.47% while SPY yields 1.01%, so LDRH currently pays the higher dividend yield.
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