IHHY vs USHY - Compare ETFs side by side

At a glance

Comparing IHHY and USHY. USHY has the lower management fee at 0.3% a year, IHHY has the higher 3 years return at 6.6% a year, and USHY offers the higher at 10.46%.

Lower fee

USHY 0.3% p.a.

Higher 3 years return

IHHY 6.6% p.a.

Higher yield

USHY 10.46%

Higher risk-adjusted

IHHY Sharpe 0.68 (3y)

Lower volatility

IHHY 3.5% (3y)

Larger fund

IHHY $247m

Side-by-side comparison

Metric	IHHY iShares Global High Yield Bond (AUD Hedged) ETF	USHY Global X USD High Yield Bond ETF (Currency Hedged)
Snapshot
Provider	iShares	Global X
Tracks index	—	—
Categories	Bonds, Intl	Bonds, Intl
Listed since	—	—
Fund size (AUM)	$247m	$15m
Cost & income
Management fee	0.61%	0.3%
Dividend yield	8.61%	10.46%
Franking	0%	0%
Turnover	—	—
Tax drag	2.76%	3.35%
Returns	Tax bracket - adjusts tax drag & net returns
1-year return	1.6% net	1% net
3-year return	6.6% net	6.4% net
5-year return	2.6% net	—
10-year return	3.5% net	—
Risk
Volatility (3y)	3.5%	4.4%
Volatility (5y)	6.3%	—
Volatility (10y)	7.1%	—
Sharpe ratio (3y)	0.68	0.49
Sharpe ratio (5y)	—	—
Sharpe ratio (10y)	0.2	—
Bid/ask spread	—	—

marks the strongest fund in each row. “net” shows the after-tax return at your selected bracket. “—” means we don’t have that data point yet.

Each fund at a glance

IHHY iShares Global High Yield Bond (AUD Hedged) ETF

High 8.61% income yield — good for investors who want regular cash flow.
Low volatility (7.13% over 10 years) for a smoother ride.

Has lagged most peers over 10 years (84th of 110).

Full IHHY analysis →

USHY Global X USD High Yield Bond ETF (Currency Hedged)

Low-cost: a 0.3% management fee keeps more of the return in your pocket.
High 10.46% income yield — good for investors who want regular cash flow.

That income is taxed yearly at your marginal rate, so it's less efficient for higher earners.

Full USHY analysis →

Frequently Asked Questions

What's the difference between IHHY vs USHY?

IHHY and USHY are 2 Australian-listed ETFs we compare side by side. USHY carries the lower management fee (0.3%). Over 3 years, IHHY has delivered the higher total return (6.6% a year). The table above breaks down fees, returns, income and risk for each.

Which has the lower fees - IHHY vs USHY?

USHY has the lower management fee at 0.3% a year, versus IHHY 0.61%.

Which has performed higher - IHHY vs USHY?

Over the past 3 years, IHHY has delivered the higher total return at 6.6% a year. Past performance is not a reliable indicator of future returns.

Which pays the higher dividend yield?

USHY pays the higher at 10.46%. Remember distributions are taxed each year at your marginal rate.

Which is the larger and most liquid?

IHHY is the larger fund by assets ($247m). Larger funds are typically more liquid and trade on tighter spreads.

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General information only, generated from each fund's published data — not personal financial advice. Past performance is not a reliable indicator of future returns. Consider your own circumstances or seek licensed advice before investing.