iShares Global High Yield Bond (AUD Hedged) ETF
Performance
Total return to 23 Oct 2026, distributions reinvested, before franking. ASX figures are to 30 Sept 2026 and gross of franking, so they run higher for franked Australian funds.
What it costs to hold
Management fee plus trading costs, compared with similar funds.
A typical fund among Global ex-Australia fixed income funds would cost $152 (0.30% a year), so IHHY is $140 dearer.
Spread is the average gap between buying and selling prices on the ASX. Fees are shown on a flat balance, not compounded on growth. Excludes tax and any adviser or platform fees.
Calendar-year returns
Where the money is
Look-through exposure as at 2 Sept 2026 · 49 securities · top 10 = 68.8%
Country
Sector
Monthly returns
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.2 | 0.4 | −2.2 | 2.0 | 0.4 | 1.1 | −0.2 | 0.4 | −1.9 | −0.5 | −0.2YTD | ||
| 2025 | 0.8 | 1.2 | −0.6 | 0.3 | 1.4 | 1.0 | 0.6 | 0.9 | 0.8 | −0.0 | 0.1 | 1.0 | 7.7 |
| 2024 | 0.1 | −0.3 | 0.8 | −0.6 | 1.0 | 0.7 | 1.3 | 1.2 | 1.2 | −0.4 | 0.9 | 0.1 | 6.1 |
| 2023 | 1.8 | −0.5 | 0.7 | 0.3 | −0.4 | 0.6 | 1.1 | 0.5 | −1.1 | −0.3 | 3.1 | 3.7 | 9.8 |
| 2022 | −1.7 | −2.3 | −0.0 | −3.1 | 0.1 | −6.8 | 6.0 | −2.2 | −4.4 | 3.6 | 1.6 | 0.2 | −9.3 |
| 2021 | 0.0 | 0.2 | −0.0 | 1.2 | −0.4 | 1.5 | 0.0 | 0.7 | −0.0 | −0.8 | −0.7 | 1.1 | 2.8 |
| 2020 | −0.5 | −2.1 | −12.6 | 5.6 | 3.1 | 0.3 | 3.9 | 1.3 | −2.8 | −1.0 | 4.3 | 1.3 | −0.5 |
| 2019 | 4.2 | 2.0 | 0.8 | 1.2 | −1.3 | 1.6 | 1.0 | 0.2 | 0.3 | 0.5 | 0.3 | 2.0 | 13.4 |
| 2018 | 0.1 | −0.6 | −0.1 | 0.9 | −1.0 | 0.3 | 1.4 | 1.0 | 0.3 | −1.6 | −0.6 | −2.1 | −2.2 |
| 2017 | 1.1 | 0.9 | −0.3 | 1.6 | 0.3 | 1.1 | 0.8 | 0.1 | 0.2 | 0.6 | −0.0 | −0.0 | 6.7 |
| 2016 | −1.6 | 0.9 | 4.5 | 2.3 | −0.1 | 0.9 | 2.7 | 1.6 | 0.4 | 0.9 | −1.1 | 2.4 | 14.5 |
Total return each month in %, distributions reinvested, before franking. The latest month runs to the last price date. The first year starts from listing.
Top holdings
Most similar funds
Overlap is the share of the portfolio held in common, look-through. Correlation is of daily returns. High overlap means close substitutes.
IHHY questions answered
Written from the latest data on this page. General information only, not financial advice.
How diversified is iShares Global High Yield Bond (AUD Hedged) ETF?
iShares Global High Yield Bond (AUD Hedged) ETF holds 49 securities.
Its country exposure is almost entirely Australia (100.0%), based on holdings as at 2 Sept 2026.
Which ETFs does IHHY double up with most?
IHHY shares the most holdings with Betashares S&P Australian Shares High Yield ETF (HYLD) (99% overlap), Global X S&P/ASX 200 High Dividend ETF (ZYAU) (75% overlap) and Vanguard Australian Shares High Yield ETF (VHY) (73% overlap). Overlap is the share of the portfolio the two funds hold in common, looking through to the underlying securities.
At 99%, owning both IHHY and HYLD would mostly double up on the same investments rather than spread your money further. Of these, ZYAU has the lowest fee, at 0.24% a year against 0.56% for IHHY.
How is iShares Global High Yield Bond (AUD Hedged) ETF managed – active or passive?
iShares Global High Yield Bond (AUD Hedged) ETF is passively managed: it follows an index and holds what that index holds, rather than relying on a manager's stock picks. Its index uses a dividend approach, so it is sometimes called "smart beta".
Among Global ex-Australia fixed income funds, active funds charge a median 0.59% a year and index funds 0.26%.
What will I pay in fees for IHHY?
IHHY charges a management fee of 0.56% a year, about $56 for every $10,000 invested. Only 36% of the 471 ASX ETFs we track charge more, and the median fee is 0.44%. Among Global ex-Australia fixed income funds, the median is 0.28%.
Lower-cost funds with a similar focus include Global X USD High Yield Bond ETF (Currency Hedged) (USHY) at 0.30%.
The fee is taken from the fund's assets and is already reflected in its returns. You'll also pay brokerage when you buy or sell, and the bid-ask spread, which has averaged 0.11% for IHHY.
Does iShares Global High Yield Bond (AUD Hedged) ETF follow a theme?
Its focus is income. It favours investments that pay higher, regular distributions. Over the past year it paid out 6.0% of its price, across 3 payments.
What is under the hood of IHHY?
As at 2 Sept 2026, IHHY's largest holding is Ish Glbl Hy Cp Bd Ucits Usd Dist (99.8%). Some holdings are other ETFs, which we look through to their own holdings when measuring exposure and overlap.
Rather than simply weighting companies by market size, its index favours companies that pay higher dividends.
How well has iShares Global High Yield Bond (AUD Hedged) ETF performed?
Based on its category, iShares Global High Yield Bond (AUD Hedged) ETF aims mainly to pay a regular income, with capital growth secondary.
To 23 Oct 2026, with distributions reinvested, it returned 1.0% over 1 year (median −0.7%; ranked 4 of 12), 7.2% a year over 3 years (median 5.2% a year; ranked 3 of 10) and 2.7% a year over 5 years (median −0.6% a year; ranked 2 of 7). The medians and rankings compare it with Global ex-Australia fixed income funds. Since listing in 2016 it has returned 3.9% a year.
Tracking difference is the gap between a fund's return and its index's return. We don't hold index returns, so we can't measure it for IHHY; the issuer reports it in the monthly fact sheet. As a guide, a well-run index fund trails its index by about its fee, here 0.56% a year, and a much bigger gap is a warning sign.
Past performance is not a reliable indicator of future performance.