βš”οΈ Head to head

YLDX vs IHHY: Which ETF Is Better?

A side-by-side comparison of fees, size, returns and holdings, using data to 30 September 2026.

YLDX comes out ahead on 5 of 6 measures. Which matters most depends on you.

The big difference is currency. IHHY is currency hedged, so its returns ignore moves in the Australian dollar. YLDX is unhedged: it does better when the dollar falls and worse when it rises.

The short answer

πŸ’ΈLower feeIHHY wins
YLDX
1.00%
IHHY
0.56%

Worth about $27,702 on $100,000 over 20 years.

🏦Bigger fundYLDX wins
YLDX
$653m
IHHY
$248m

Bigger funds usually trade more cheaply and are less likely to close.

πŸ“ˆ1-year returnYLDX wins
YLDX
+4.9%
IHHY
+1.3%
πŸ“Š3-year returnToo close to call
YLDX
–
IHHY
+6.4% a yr
🏁5-year returnToo close to call
YLDX
–
IHHY
+2.0% a yr
βš–οΈCheaper to tradeToo close to call
YLDX
0.06%
IHHY
0.11%

YLDX vs IHHY side by side

YLDX leads on 5, IHHY on 1YLDXCoolabah Global Floating-Rate High Yield Complex ETFIHHYiShares Global High Yield Bond (AUD Hedged) ETF
The basics
Index trackedSee the PDSSee the PDS
Fund managerCoolabahiShares
Asset classInternational bondsInternational bonds
ListedFeb 2025Dec 2015
Cost and size
MERyearly fee, lower is better1.00%0.56%βœ“
AUMfund size$653mβœ“$248m
Net flows (Sep)new money in, last month$37mβœ“$6.3m
Bid/ask spreadtrading cost, lower is better0.06%0.11%
Total returns
1 month+0.2%βœ“βˆ’1.9%
1 year+4.9%βœ“+1.3%
3 years p.a.–+6.4%
5 years p.a.–+2.0%
$10,000 invested
1 year ago$10,485βœ“$10,127
5 years ago–$11,067

βœ“ marks the better figure on each measure. Returns include distributions, to 30 September 2026.

πŸ“ˆ Growth

What $10,000 invested is worth now

Only IHHY has a 5 years record: $10,000 then is worth $11,067 today.

YLDXIHHY$10,000 invested
$0k$4k$8k$12k$16k$10.5k$10.1k1 year agoYLDX +$358too new$12.1k3 years agotoo new$11.1k5 years ago

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.

πŸ’Έ Cost

What the fees cost you

IHHY's lower fee leaves about $27,702 more in your pocket over 20 years.

YLDX charges 1.00% a yearIHHY charges 0.56% a year
🧾 Fees paid on $100,000Saving
5 years
YLDX
βˆ’$6,433
IHHY
βˆ’$3,632
You keep$2,801more with IHHY
10 years
YLDX
βˆ’$17,630
IHHY
βˆ’$10,056
You keep$7,574more with IHHY
20 years
YLDX
βˆ’$66,255
IHHY
βˆ’$38,553
You keep$27,702more with IHHY

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.

YLDX and IHHY overlap

100%portfolio overlap (very high: holding both adds little diversification)

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 YLDX% 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.

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Joshua Stega
etfadviserExchange traded fund specialist adviser Β· 20 years’ experience
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FAQs

Which is better, YLDX or IHHY?

It depends on what you need. On our numbers YLDX wins on 5 measures and IHHY on 1. IHHY is cheaper, with a management fee of 0.56% vs 1.00%. On $100,000 over 20 years that difference is worth about $27,702. YLDX is the larger fund at $653m vs $248m. YLDX has the better 1-year return: +4.9% vs +1.3%.

Which is cheaper, YLDX or IHHY?

YLDX charges 1.00% a year and IHHY charges 0.56% a year.

Can I hold both YLDX and IHHY?

You can, but check how much they overlap. YLDX is a international bonds fund and IHHY is a international bonds fund.

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General information only, not a recommendation. Past performance is not a reliable indicator of future performance.