FTHB vs IYLD: Grades, Fees and Holdings Compared

FIS Faith Income ETF

FTHBCNYSE Arca

iShares Morningstar Multi-Asset Income ETF

IYLDACboe

Overlap

0.1%by weight

Expense ratio

IYLD −0.16pt a year

FTHB0.66%IYLD0.50%

Avg volume · 30D

IYLD 3.2×the volume

FTHB5.83KIYLD18.7K

FTHB vs IYLD Performance

Jul 31, 2026 – Nov 2, 2026

−0.7%FTHB−1.2%IYLD

Expense ratio: FTHB 0.66%; IYLD 0.50%, better
Fund size: FTHB $14M; IYLD $129M
1Y total return: FTHB No data; IYLD +6.7%
Yield (12M): FTHB No data; IYLD 4.78%
Holdings: FTHB 22; IYLD 19355
Avg volume (30D): FTHB 5.83K sh; IYLD 18.7K sh, better
NAV per share: FTHB $24.55; IYLD $21.64
52W range

ETF.net Grade

Pillar letters and Scores for FTHB, IYLD, with each pillar’s weight
Pillar	FTHB	IYLD
Cost30% weight	B57	A79Higher
Mission25% weight	Not scored	A100
Risk15% weight	C54	B65Higher
Tradability15% weight	D31	C53Higher
Holdings10% weight	C52	A88Higher
Durability5% weight	D28	A85Higher

Rank among Multi-Asset Income funds

How we build Categories ›

Same Category. FTHB and IYLD are both graded against the same 15 Multi-Asset Income funds, so their Grades compare head to head.

Multi-Asset Income⁠

Category · 15 funds

See all 15 ›

IYLD ranks 2nd and FTHB 10th of 15 funds in the Multi-Asset Income Category.

Rank 1AINCMFranklin Income Focus ETFScore 82
Rank 2AIYLDiShares Morningstar Multi-Asset Income ETFScore 79
Rank 3AINKMState Street Income Allocation ETFScore 71
Rank 9CJFLIJPMorgan Flexible Income ETFScore 50
Rank 10CFTHBFIS Faith Income ETFScore 48
Rank 11CFTBIFirst Trust Balanced Income ETFScore 47

Our read on each fund

ETF.net Research

FTHBCFIS Faith Income ETF

IYLDAiShares Morningstar Multi-Asset Income ETF

In short

FTHB Faith-based investing is mostly a stock story. FTHB brings the biblical screen to core bonds: Treasuries, investment-grade corporates and securitized debt, actively picked, with a framework built alongside Grand Canyon University.

IYLD One ticker, one income engine. IYLD is a fund of iShares funds, bundling equity, bond and other income funds into a single monthly-paying package that has run on the same playbook since 2012.

Stated mandate

FTHB The Fund seeks current income and treats long-term capital appreciation as a secondary objective.

IYLD The Fund seeks to track an index of underlying equity, fixed-income, and other income funds designed to provide high current income while offering an opportunity for capital appreciation.

Why people hold it

FTHB Applies the faith screen where it is rare: bonds. At least 80% of net assets go into fixed income issued by biblically aligned companies.sec.gov faithinvestorservices.com
The screening framework came out of a research collaboration with Grand Canyon University's business college, with finance and theology students doing the legwork.businesswire.com faithinvestorservices.com
Sub-advised by Asterozoa Capital Management, a credit specialist running active selection across corporate debt and securitized products rather than tracking an index.sec.gov faithinvestorservices.com

IYLD A single trade buys a whole income lineup: the index it follows is built from underlying equity, fixed-income and other income funds, so the mixing and rebalancing happen inside the wrapper.ishares.com
0.50% a year, comfortably below the typical fee in its allocation peer group. Cheap for a multi-asset income build.
Pays monthly, which lines the cash flow up with how most people actually pay bills.ishares.com
Hews closely to the Morningstar Multi-Asset High Income Index it targets, one of the tighter index implementations in its peer group. No manager guesswork bolted on top.

Worth knowing

FTHB Launched in 2026, and the issuer discloses that the adviser and sub-adviser have limited or no previous experience managing a registered fund.faithinvestorservices.com
0.65% a year buys the screening and the active credit work, and that fee comes out of a bond portfolio's income.
Small and lightly traded early on. The issuer notes shares can trade above or below NAV in the secondary market.faithinvestorservices.com

IYLD Small and thinly traded. Expect wider bid-ask spreads than the mega-funds, which matters most on larger orders.
Income comes first here: capital appreciation is the secondary goal in its own objective, so it is built differently from a growth-tilted allocation fund.
Broad allocation rivals cost far less (IRTR at 0.08%, AOA at 0.19%), though neither is built around high current income.

Full FTHB profile⁠

Full IYLD profile⁠

FTHB vs IYLD Holdings

How FTHB and IYLD differ

Overlap by weight

0.1%

Shared holdings make up 7.6% of FTHB and 0.1% of IYLD.

Level by level

Holdings3 in both0.1%
Countryby domicile64.4%

Sector

No Sector split for FTHB.

Country, concentration and asset class

Country by domicile

Country weights in FTHB and IYLD, widest gap first
Country	More in FTHBMore in IYLD	FTHB	IYLD
United States	FTHB +35.6 points	100.0%	64.4%
Japan	IYLD +10.2 points	0.0%	10.2%
United Kingdom	IYLD +5.3 points	0.0%	5.3%
Australia	IYLD +4.2 points	0.0%	4.2%
Supranational	IYLD +3.4 points	0.0%	3.4%
France	IYLD +2.7 points	0.0%	2.7%
Canada	IYLD +2.6 points	0.0%	2.6%
Switzerland	IYLD +1.9 points	0.0%	1.9%
Other countries (4)	IYLD +5.4 points	0.0%	5.4%

Outside the US: IYLD 90% developed, 10% emerging.

Concentration

Weight in the 10 largest Holdings

FTHB69.5%
IYLD4.6%

Securities held

FTHB21
IYLD19,284

Asset class

FTHB: Equity
IYLD: Multi-Asset

Holdings

Only in FTHB18
In both3
Only in IYLD19,281

Only in FTHB

18 securities, 92.0% of FTHB by weight

United States Treasury Note/Bond 5.125% 08/15/205619.94%
United States Treasury Note/Bond 3.875% 04/30/203116.04%
Chevron USA Inc 4.687% 04/15/20304.54%
Apple Inc 4.75% 05/12/20354.46%
Morgan Stanley 4.493% 01/16/20324.39%
Nissan Motor Acceptance Co LLC 6.125% 09/30/20304.35%
Walmart Inc 4.9% 04/28/20353.97%
Coca-Cola Co/The 4.65% 08/14/20343.96%
Alphabet Inc 5.35% 11/15/20453.94%
Simplify MBS ETF3.87%
Amazon.com Inc 4.05% 08/22/20473.85%
United States Treasury Note/Bond 4.125% 02/15/20363.60%
Microsoft Corp 3.5% 02/12/20353.59%
Swiss RE Subordinated Finance PLC 5.698% 04/05/20353.21%
Broadcom Inc 4.8% 02/15/20363.20%
Western Alliance Bancorp 6.2299% 06/15/20312.60%
MFA Financial Inc1.72%
First American Treasury Obligations Fund 01/01/20400.77%

Only in IYLD

19,281 securities, 99.1% of IYLD by weight

Strategy Inc0.52%
Boeing Co0.48%
Welltower0.46%
Mitsubishi Ufj Financial Group0.45%
Shell0.43%
Hsbc Holdings PLC0.41%
Nestle SA0.37%
Toyota Motor0.36%
Prologis Reit0.33%
Super Micro Computer Inc0.32%
Hewlett Packard Enterprise Conv Pr0.32%
Wells Fargo & Company Series L0.32%
Oracle Corporation0.32%
Alphabet Inc0.31%
Roche Ps Par AG0.31%
Alphabet Inc0.31%
Bhp Group Ltd0.30%
Sumitomo Mitsui Financial Group0.29%
Equinix Reit0.27%
Novartis AG0.27%
Nextera Energy Units0.26%
Allianz0.26%
Totalenergies0.26%
Nextera Energy Inc0.26%
Mizuho Financial Group0.22%
Bank of America Corp0.21%
Iberdrola0.21%
Unilever PLC0.20%
Siemens N AG0.19%
Simon Property Group Reit Inc0.19%
Digital Realty Trust Reit0.18%
Bp PLC0.18%
Banco Bilbao Vizcaya Argentaria0.18%
Mitsubishi0.18%
Citigroup Capital Xiii0.18%
National Australia Bank0.18%
Public Storage Reit0.17%
Westpac Banking Corporation0.17%
British American Tobacco0.17%
European Bank For Reconstruction A Mtn 4.27% 02/20/2028 (Ebrd)0.17%
Anz Group Holdings Ltd0.17%
Kkr & Co Inc0.16%
Zurich Insurance Group AG0.16%
Softbank Group Corp0.15%
Unicredit0.15%
Microchip Technology Incorporated0.15%
Southern Company (The)0.15%
International Bank For Reconstruct Mtn 4.37% 08/19/2027 (Ibrd)0.15%
Mitsui0.15%
European Bank For Reconstruction A Mtn 4.14% 02/16/2029 (Ebrd)0.15%

Weight gaps

All 3 Holdings in both funds, largest gap first.

Holding weights in FTHB and IYLD, widest gap first
Holding	More in FTHBMore in IYLD	FTHB	IYLD
Rithm Capital Corp 6.375% 11/16/2174	FTHB +3.16 points	3.19%	0.03%
MFA Financial Inc 8.875% 02/15/2029MFAN	FTHB +2.48 points	2.49%	<0.01%
Rithm Capital CorpRITM	FTHB +1.91 points	1.92%	0.01%

All FTHB holdings⁠All IYLD holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

FTHB vs IYLD Cost

Overpaying FTHB vs IYLD

$2,917

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

FTHB 0.66%
$12,896
IYLD 0.50%
$9,979

Amount$10,000

Years30 years

Cost over time

FTHB 0.66%
IYLD 0.50%
Overpaying

Year by year

Year	FTHB	IYLD	Overpaying
10	$1,180	$900	$280
20	$4,504	$3,460	$1,044
30	$12,896	$9,979	$2,917

Expense ratio

0.66%FTHB
0.50%IYLD, cheaper

IYLD0.50%FTHB0.66%

0.15%1.37%

Middle half of Multi-Asset Income funds
Median 0.71%

IYLD 3rd cheapest of 15 funds

FTHB 7th cheapest of 15 funds

FTHB vs IYLD Dividends

Last 12 months to Nov 2, 2026

Yield (12M): FTHB No data; IYLD 4.78%
Payout (12M): FTHB No data; IYLD $1.04
Last payment: FTHB $0.12; IYLD $0.08
Ex-dividend: FTHB Oct 30, 2026; IYLD Oct 2, 2026
Paid on: FTHB Pays Nov 3, 2026; IYLD Oct 7, 2026
Frequency: FTHB Monthly; IYLD Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

FTHBMonthly · 8 paymentsAll FTHB payments⁠

IYLDMonthly · 45 paymentsAll IYLD payments⁠

FTHB vs IYLD Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: FTHB No dataIYLD 6.3%
Return per unit of riskSharpe ratio, 3 years: FTHB No dataIYLD 0.95
Worst fallMax drawdown, 5 years: FTHB No dataIYLD −22.4%
Market sensitivityBeta, 5 years: FTHB 0.11IYLD 0.60; Market = 1

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