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IWB vs YLD

iShares Russell 1000 ETF vs Principal Active High Yield ETF

IWB

iShares Russell 1000 ETF

Annual cost

0.15%

Fund size

$48.9B

YLD

Principal Active High Yield ETF

Annual cost

0.39%

Fund size

$545M

Key differences

IWB is an equity ETF, while YLD is an alternative ETF. IWB charges 0.15% a year and YLD 0.39%.

  • IWB is an equity fund, while YLD is an alternative fund. They carry different risk/return profiles.
  • IWB follows a index tracking strategy; YLD uses multi strategy.
  • IWB covers North America; YLD covers global markets.
  • IWB costs 0.24% less per year.
  • IWB is much larger than YLD. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, IWB has delivered higher annualized returns.
  • IWB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

IWBYLD
Annual cost (TER)0.15%0.39%
Fund size (AUM)$48.9B$545M
Since20002015
Dividend yield0.91%7.29%
Asset classequityalternative
Regionnorth americaglobal
Strategyindex trackingmulti strategy
CAGR 1Y+24.3%+6.9%
CAGR 3Y+22.2%+9.1%
CAGR 5Y+12.6%+4.9%
Sharpe 3Y1.170.92
Volatility 1Y12.22%4.35%
Max drawdown-34.60%-28.34%

Similar to IWB and YLD