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IYLD vs MBB

iShares Morningstar Multi-Asset Income ETF vs iShares MBS ETF

IYLD

iShares Morningstar Multi-Asset Income ETF

Annual cost

0.50%

Fund size

$128M

MBB

iShares MBS ETF

Annual cost

0.04%

Fund size

$38.7B

Key differences

  • MBB costs 0.46% less per year.
  • MBB is significantly larger than IYLD — larger funds tend to be more liquid and less likely to close.
  • IYLD is classified as mixed asset, while MBB is fixed income — different risk/return profiles.
  • IYLD follows a active selection strategy; MBB uses index tracking.
  • Over the last 3 years, IYLD has delivered higher annualized returns.
  • MBB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

IYLDMBB
Annual cost (TER)0.50%0.04%
Fund size (AUM)$128M$38.7B
Since20122007
Dividend yield4.56%4.24%
Asset classmixed assetfixed income
Regionnorth america
Strategyactive selectionindex tracking
CAGR 1Y+13.1%+5.6%
CAGR 3Y+11.0%+4.1%
CAGR 5Y+3.4%+0.3%
Sharpe 3Y1.110.10
Volatility 1Y5.82%4.49%
Max drawdown-30.23%-17.65%

Similar to IYLD and MBB