EHI vs IVV
Western Asset Global High Income Fund Inc vs iShares Core S&P 500 ETF
Which is better, EHI 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 | EHI | IVV |
|---|---|---|
| Expense Ratio | 1.89% | 0.03%Best |
| AUM | $183M | $896.5B |
| Dividend Yield | 13.82% | 1.10% |
| Holdings | 419 | 508 |
| YTD Return | -7.71% | +13.59%Best |
| 1Y Return | -5.51% | +17.54%Best |
| 3Y Return (annualized) | +7.77% | +22.46%Best |
| 5Y Return (annualized) | -1.57% | +13.28%Best |
| Volatility (annualized) | 16.3% | 14.5%Best |
| Max Drawdown | -66.1% | -56.5%Best |
| $10,000 over 5 years | $9,239 | $18,654Best |
| Fund Family | Franklin Templeton Investments (US) | iShares by BlackRock (US) |
| Category | Fixed Income | Equity |
| Style | High Yield Bond | Large Cap Blend |
| Inception | Jul 29, 2003 | May 15, 2000 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 3, 2003 to Oct 14, 2026 (23.1 years).
EHI 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
EHI vs IVV Performance
Western Asset Global High Income Fund Inc (EHI) is an ETF from Franklin Templeton Investments (US) and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year EHI returned -5.51% while IVV returned +17.54%. Year to date, EHI is down 7.71% versus a gain of 13.59% for IVV.
Over three years, EHI compounded at +7.77% per year against +22.46% for IVV; over five years the annualized figures are -1.57% and +13.28% respectively. Across the full 23-year window we track, IVV has the edge at +9.47% annualized vs -1.61%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EHI has been the more volatile fund, with annualized monthly volatility of 16.3% compared with 14.5% for IVV. 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 -66.1% for EHI and -56.5% 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 0.68. They move together some of the time, and apart the rest.
Fees and Cost Over Time
EHI charges 1.89% per year while IVV charges 0.03%. On a $10,000 position that is $189 vs $3 annually, a gap of $186 per year that compounds over a long holding period. On income, EHI currently yields 13.82% against 1.10% for IVV.
Holdings Overlap
We hold position weights for 24 holdings in EHI and 506 in IVV, totalling 4.6% and 99.9% 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 24 positions we hold weights for in EHI and 506 in IVV, against full books of 419 and 508.
You are not choosing between two funds in isolation.
Whichever of EHI 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, EHI or IVV?
EHI has an expense ratio of 1.89% while IVV charges 0.03%. IVV is the cheaper option, by $186 a year on a $10,000 investment.
Which performed better, EHI or IVV?
Over the past year EHI returned -5.51% vs +17.54% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (23 years), EHI annualized -1.61% vs +9.47% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EHI or IVV?
EHI has been the more volatile fund at 16.3% annualized versus 14.5% for IVV. Worst drawdown: EHI -66.1% vs IVV -56.5%.
Should I hold both EHI and IVV?
EHI and IVV have a monthly-return correlation of 0.68, 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, EHI or IVV?
EHI yields 13.82% while IVV yields 1.10%, so EHI currently pays the higher dividend yield.
Is IVV better than EHI?
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.