AHYB vs USHY
American Century Select High Yield ETF vs iShares Broad USD High Yield Corporate Bond ETF
Which is better, AHYB or USHY?
Nearly the same fund. USHY costs less.
USHY has a lower expense ratio. AHYB led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.99.
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 | AHYB | USHY |
|---|---|---|
| Expense Ratio | 0.45% | 0.08%Best |
| AUM | $60M | $25.1B |
| Dividend Yield | 6.23% | 7.12% |
| Holdings | 6,701 | 3,787 |
| YTD Return | -0.64%Best | -5.10% |
| 1Y Return | +1.19%Best | -4.07% |
| 3Y Return (annualized) | +7.28%Best | +6.37% |
| 5Y Return (annualized) | +3.11%Best | +2.35% |
| Volatility (annualized) | 7.4%Best | 7.8% |
| Max Drawdown | -14.8%Best | -15.6% |
| $10,000 over 5 years | $11,655Best | $11,232 |
| Fund Family | American Century Investments | iShares by BlackRock (US) |
| Category | Fixed Income | Fixed Income |
| Style | High Yield Bond | High Yield Bond |
| Inception | Nov 16, 2021 | Oct 25, 2017 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Nov 18, 2021 to Oct 14, 2026 (4.9 years).
AHYB vs USHY 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 4.9 years both funds cover.
AHYB vs USHY Performance
American Century Select High Yield ETF (AHYB) is an ETF from American Century Investments and iShares Broad USD High Yield Corporate Bond ETF (USHY) is an ETF from iShares by BlackRock (US). Over the past year AHYB returned +1.19% while USHY returned -4.07%. Year to date, AHYB is down 0.64% versus a loss of 5.10% for USHY.
Over three years, AHYB compounded at +7.28% per year against +6.37% for USHY; over five years the annualized figures are +3.11% and +2.35% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
USHY has been the more volatile fund, with annualized monthly volatility of 7.8% compared with 7.4% for AHYB. 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 -14.8% for AHYB and -15.6% for USHY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.99. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
AHYB charges 0.45% per year while USHY charges 0.08%. On a $10,000 position that is $45 vs $8 annually, a gap of $37 per year that compounds over a long holding period. On income, AHYB currently yields 6.23% against 7.12% for USHY.
Holdings Overlap
We hold position weights for 1,092 holdings in AHYB and 1,445 in USHY, totalling 33.4% and 74.4% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1,092 positions we hold weights for in AHYB and 1,445 in USHY, against full books of 6,701 and 3,787.
You are not choosing between two funds in isolation.
Whichever of AHYB and USHY 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, AHYB or USHY?
AHYB has an expense ratio of 0.45% while USHY charges 0.08%. USHY is the cheaper option, by $37 a year on a $10,000 investment.
Which performed better, AHYB or USHY?
Over the past year AHYB returned +1.19% vs -4.07% for USHY, so AHYB leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AHYB or USHY?
USHY has been the more volatile fund at 7.8% annualized versus 7.4% for AHYB. Worst drawdown: AHYB -14.8% vs USHY -15.6%.
Should I hold both AHYB and USHY?
AHYB and USHY have a monthly-return correlation of 0.99, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, AHYB or USHY?
AHYB yields 6.23% while USHY yields 7.12%, so USHY currently pays the higher dividend yield.
Is USHY better than AHYB?
USHY has a lower expense ratio. AHYB led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.99. Which one suits a particular account depends on what it is for. This is information, not a recommendation.