IHCB vs IHHY: Which ETF Is Better?
A side-by-side comparison of fees, size, returns and holdings, using data to 30 September 2026.
IHHY comes out ahead on 7 of 9 measures. Which matters most depends on you.
The short answer
Worth about $20,175 on $100,000 over 20 years.
Bigger funds usually trade more cheaply and are less likely to close.
IHCB vs IHHY side by side
| IHCB leads on 2, IHHY on 7 | IHCBiShares Global Corporate Bond (AUD Hedged) ETF | IHHYiShares Global High Yield Bond (AUD Hedged) ETF |
|---|---|---|
| The basics | ||
| Index tracked | Bloomberg Global Aggregate Corporate Bond Index, hedged to AUD | See the PDS |
| Fund manager | iShares | iShares |
| Asset class | International bonds | International bonds |
| Listed | Dec 2015 | Dec 2015 |
| Cost and size | ||
| MERyearly fee, lower is better | 0.26%β | 0.56% |
| AUMfund size | $339mβ | $248m |
| Net flows (Sep)new money in, last month | $6.1m | $6.3mβ |
| Bid/ask spreadtrading cost, lower is better | 0.14% | 0.11% |
| Total returns | ||
| 1 month | β2.2% | β1.9%β |
| 1 year | β1.4% | +1.3%β |
| 3 years p.a. | +4.4% | +6.4%β |
| 5 years p.a. | β0.9% | +2.0%β |
| $10,000 invested | ||
| 1 year ago | $9,865 | $10,127β |
| 5 years ago | $9,541 | $11,067β |
β marks the better figure on each measure. Returns include distributions, to 30 September 2026.
IHCB vs IHHY price chart
Both ETFs on one chart as % change. Use the 1D to All buttons to change the period. Price only, so it leaves out distributions Β· TradingView
What $10,000 invested is worth now
$10,000 put into IHCB 5 years ago is worth $9,541 today, against $11,067 in IHHY. That is $1,526 more in IHHY.
Total returns to 30 September 2026, with distributions reinvested, before tax and brokerage. The price chart above leaves out distributions, so it can look worse. Past performance is not a reliable indicator of future performance.
What the fees cost you
IHCB's lower fee leaves about $20,175 more in your pocket over 20 years.
Total fees paid on a $100,000 investment, assuming a 7% a year return before fees. Illustration only: it ignores tax, brokerage and differences in returns.
IHCB and IHHY overlap
1 companies appear in both funds. Overlap is the share of the portfolio that is the same in both, counting the smaller weight of each shared company.
| Biggest shared holdings | % of IHCB | % of IHHY |
|---|---|---|
| 100.00% | 100.00% |
Add more ETFs and see the overlap in Compare ETFs β
Best-endeavours estimate. Built from each issuer's published holdings, which may be weeks or months old, may cover only part of a fund (some publish only their top 10) and are matched by company name. Figures may be incomplete or inaccurate. Check the issuer's website and PDS before relying on them. General information only.
Get the full IHCB vs IHHY report
- Every holding of each ETF: the top 50 companies, with sectors and countries
- Exactly which companies they share, and how much of each
- Fees in dollars over 10, 20 and 30 years
- Every metric side by side, including the index each tracks
- β FREE BONUSIs now a good time to invest? The Market Health-O-Meter

FAQs
Which is better, IHCB or IHHY?
It depends on what you need. On our numbers IHCB wins on 2 measures and IHHY on 7. IHCB is cheaper, with a management fee of 0.26% vs 0.56%. On $100,000 over 20 years that difference is worth about $20,175. IHCB is the larger fund at $339m vs $248m. IHHY has the better 1-year return: +1.3% vs β1.4%.
Which is cheaper, IHCB or IHHY?
IHCB charges 0.26% a year and IHHY charges 0.56% a year.
Can I hold both IHCB and IHHY?
You can, but check how much they overlap. IHCB is a international bonds fund and IHHY is a international bonds fund.
More comparisons
General information only, not a recommendation. Past performance is not a reliable indicator of future performance.