IBHG vs MYHE: Grades, Fees and Holdings Compared

iShares iBonds 2027 Term High Yield and Income ETF

IBHGACboe

State Street My2031 High Yield Corporate Bond ETF

MYHECNasdaq

Overlap

No data

Expense ratio

IBHG −0.04pt a year

IBHG0.35%MYHE0.39%

Avg volume · 30D

IBHG 81.5×the volume

IBHG127KMYHE1.56K

IBHG vs MYHE Performance

Jul 31, 2026 – Oct 30, 2026

+0.3%IBHG−2.3%MYHE

Expense ratio: IBHG 0.35%, better; MYHE 0.39%
Fund size: IBHG $532M; MYHE $6M
1Y total return: IBHG +2.9%; MYHE No data
Yield (12M): IBHG 5.90%; MYHE No data
Holdings: IBHG 395; MYHE 171
Avg volume (30D): IBHG 127K sh, better; MYHE 1.56K sh
NAV per share: IBHG $21.73; MYHE $23.83
52W range

ETF.net Grade

Pillar letters and Scores for IBHG, MYHE, with each pillar’s weight
Pillar	IBHG	MYHE
Cost30% weight	A85Higher	B55
Mission25% weight	A100	Not scored
Risk15% weight	B64Higher	F13
Tradability15% weight	B61Higher	C45
Holdings10% weight	D29	B61Higher
Durability5% weight	A81Higher	F23

Rank among Defined-Maturity High Yield funds

How we build Categories ›

Same Category. IBHG and MYHE are both graded against the same 21 Defined-Maturity High Yield funds, so their Grades compare head to head.

Defined-Maturity High Yield⁠

Category · 21 funds

See all 21 ›

IBHG ranks 3rd and MYHE 17th of 21 funds in the Defined-Maturity High Yield Category.

Rank 1AIBHFiShares iBonds 2026 Term High Yield and Income ETFScore 79
Rank 2AIBHIiShares iBonds 2029 Term High Yield and Income ETFScore 78
Rank 3AIBHGiShares iBonds 2027 Term High Yield and Income ETFScore 76
Rank 3AIBHHiShares iBonds 2028 Term High Yield and Income ETFScore 76
Rank 16CBSJXInvesco BulletShares 2033 High Yield Corporate Bond ETFScore 44
Rank 17CMYHEState Street My2031 High Yield Corporate Bond ETFScore 43
Rank 18CMYHAState Street My2027 High Yield Corporate Bond ETFScore 40

Our read on each fund

ETF.net Research

IBHGAiShares iBonds 2027 Term High Yield and Income ETF

MYHECState Street My2031 High Yield Corporate Bond ETF

In short

IBHG Most target-maturity bond ETFs stick to Treasuries and investment grade. IBHG runs the same ladder-rung playbook in high yield: a basket of dollar-denominated junk and other income bonds all maturing in 2027.

MYHE A bond fund with a bond's ending. MYHE holds high-yield corporates maturing in 2031, then aims to hand back remaining principal and wind down around December 15, 2031. The twist: a live manager picks the credits instead of an index doing it.

Stated mandate

IBHG The fund seeks to track an index of U.S.-dollar-denominated, high-yield and other income-generating corporate bonds maturing in 2027.

MYHE The fund actively manages a target-maturity portfolio primarily of high-yield corporate bonds maturing in 2031. It seeks current income and capital preservation and is designed to distribute remaining principal and liquidate around December 15, 2031.

Why people hold it

IBHG A rare rung: it tracks the Bloomberg 2027 Term High Yield and Income Index, so you get a dated high yield slice instead of a bond fund that rolls its maturities forever.
The 2027 end date sits in the mandate itself, which is what makes ladder-building possible: stack terms, know when each rung comes due.
Income lands monthly, and credit risk is spread across roughly 90 bonds rather than a handful of names.

MYHE Built to mature, not to run forever: it targets bonds maturing in 2031 and is designed to distribute remaining principal and liquidate around December 15, 2031.ssga.com
Actively managed in a corner of the market built on index ladders like IBDU and BSCU, using the ICE 2031 Maturity US High Yield Index as its reference point.
Roughly 150 bonds spread single-issuer credit risk across the portfolio, and the fund pays income quarterly.

Worth knowing

IBHG It charges 0.35% a year against a target-maturity cohort that typically runs near 0.10%. High yield credit work costs more than buying Treasuries.
High yield means issuer default and downgrade risk, a different animal from the Treasury and investment-grade rungs of the same shelf (IBTJ, IBDU).
The clock cuts both ways. As 2027 approaches the portfolio shortens and the fund is built to wind down, not to keep running.

MYHE Active costs money: 0.39% a year, while the typical target-maturity bond ETF sits near a tenth of a percent.
Small and lightly traded, which can mean wider bid-ask spreads than the big index-based ladders in the category.
High-yield corporates sit below investment grade, so default and credit risk ride along. The fund launched in 2026, so its track record is short.

Full IBHG profile⁠

Full MYHE profile⁠

IBHG vs MYHE Holdings

How IBHG and MYHE differ

No overlap figure

Two bond funds rarely hold the same issues.

Level by level

Countryby domicile87.1%
Asset classFixed Income100%

Sector

No Sector split for MYHE.

Country, concentration and asset class

Country by domicile

Country weights in IBHG and MYHE, widest gap first
Country	More in IBHGMore in MYHE	IBHG	MYHE
United States	MYHE +10.6 points	82.9%	93.5%
Japan	IBHG +5.9 points	5.9%	0.0%
Macau	IBHG +4.7 points	4.7%	0.0%
Ireland	IBHG +1.3 points	1.3%	0.0%
France	MYHE +0.9 points	0.0%	0.9%
Australia	IBHG +0.7 points	1.3%	0.6%
Netherlands	MYHE +0.7 points	0.0%	0.7%
Other countries (8)	MYHE +0.3 points	4.0%	4.3%

Concentration

Weight in the 10 largest Holdings

IBHG28.5%
MYHE17.3%

Securities held

IBHG393
MYHE170

Asset class

IBHG: Fixed Income
MYHE: Fixed Income

Holdings

Two bond funds rarely hold the same issues, so this page lists no shared Holdings. IBHG holds 393 securities, MYHE 170.

All 393 IBHG holdings⁠All 176 MYHE 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.

IBHG vs MYHE Cost

Overpaying MYHE vs IBHG

$772

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

IBHG 0.35%
$7,126
MYHE 0.39%
$7,898

Amount$10,000

Years30 years

Cost over time

IBHG 0.35%
MYHE 0.39%
Overpaying

Year by year

Year	IBHG	MYHE	Overpaying
10	$634	$705	$71
20	$2,454	$2,725	$271
30	$7,126	$7,898	$772

Expense ratio

0.35%IBHG, cheaper
0.39%MYHE

IBHG0.35%MYHE0.39%

0.35%0.43%

Middle half of Defined-Maturity High Yield funds
Median 0.39%

IBHG cheapest of 21 funds

MYHE 8th cheapest of 21 funds

IBHG vs MYHE Dividends

Last 12 months to Oct 30, 2026

Yield (12M): IBHG 5.90%; MYHE No data
Payout (12M): IBHG $1.29; MYHE No data
Last payment: IBHG $0.10; MYHE $0.15
Ex-dividend: IBHG Oct 1, 2026; MYHE Oct 1, 2026
Paid on: IBHG Oct 6, 2026; MYHE Oct 6, 2026
Frequency: IBHG Monthly; MYHE Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

IBHGMonthly · 45 paymentsAll IBHG payments⁠

MYHEMonthly · 7 paymentsAll MYHE payments⁠

IBHG vs MYHE Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: IBHG 3.1%MYHE No data
Return per unit of riskSharpe ratio, 3 years: IBHG 1.00MYHE No data
Worst fallMax drawdown, 5 years: IBHG −13.9%MYHE No data
Market sensitivityBeta, 5 years: IBHG 0.47MYHE 0.14; Market = 1

Popular comparisons

IBHGAvsIBHFA
iShares iBonds 2027 Term High Yield and Income ETF · iShares iBonds 2026 Term High Yield and Income ETF
Expense ratio
0.35% · 0.35%
Category
MYHECvsIBHFA
State Street My2031 High Yield Corporate Bond ETF · iShares iBonds 2026 Term High Yield and Income ETF
Expense ratio
0.39% · 0.35%
Category
IBHGAvsIBHIA
iShares iBonds 2027 Term High Yield and Income ETF · iShares iBonds 2029 Term High Yield and Income ETF
Expense ratio
0.35% · 0.35%
Category
MYHECvsIBHIA
State Street My2031 High Yield Corporate Bond ETF · iShares iBonds 2029 Term High Yield and Income ETF
Expense ratio
0.39% · 0.35%
Category
IBHGAvsIBHHA
iShares iBonds 2027 Term High Yield and Income ETF · iShares iBonds 2028 Term High Yield and Income ETF
Expense ratio
0.35% · 0.35%
Category
MYHECvsIBHHA
State Street My2031 High Yield Corporate Bond ETF · iShares iBonds 2028 Term High Yield and Income ETF
Expense ratio
0.39% · 0.35%
Category