GBHY — Invesco Global High Yield Corporate Bond ESG Climate Transition UCITS ETF Dist IE000ZWSN3F7 · Bonds · High yield · Broad (all maturities) · North America
GBHA — Invesco Global High Yield Corporate Bond ESG Climate Transition UCITS ETF Acc IE0001VDDL68 · Bonds · High yield · Broad (all maturities) · Global
Comparison window: 24 Jan 2023 → 14 Aug 2026 (max: from the most recent launch) · currency: 🇪🇺 EUR · inflation: 🇮🇹 Italy · distributions: reinvested where declared
Report produced on 5 September 2026 · data as of the dates shown per section Sources: official issuer documents (KID, factsheet, declared NAV series and holdings), ESMA register, ECB rates, Eurostat Public methodology: rebalix.com/en/methodology
Informational document generated by rebalix.com — facts side by side, no recommendations. It does not constitute investment advice or investment research under Directive 2014/65/EU (MiFID II). Past performance is not indicative of future results.
From official issuer documents and the ESMA register
GBHYIE000ZWSN3F7Invesco Global High Yield Corporate Bond ESG Climate Transition UCITS ETF DistBonds · High yield · Broad (all maturities) · North America
Declared index
Bloomberg MSCI Global High Yield Liquid Corporate Climate Transition ESG Bond Index (CTB)
TER
0.25%
Transaction (KID)
0.21%
Fund size
256 mln EUR
Launch
10 Jan 2023
Currency
USD
Replication
Physical
Hedging
No
Holdings
1,131
Duration
3.00 yrs
Distributions 12m
0.3817 USD
Effective 🇮🇹 rate
26.00%
GBHAIE0001VDDL68Invesco Global High Yield Corporate Bond ESG Climate Transition UCITS ETF AccBonds · High yield · Broad (all maturities) · Global
Declared index
Bloomberg MSCI Global High Yield Liquid Corporate Climate Transition ESG Bond Index (CTB)
TER
0.25%
Transaction (KID)
0.21%
Fund size
256 mln EUR
Launch
24 Jan 2023
Currency
USD
Replication
Physical
Hedging
No
Holdings
1,131
Duration
3.03 yrs
Distributions 12m
acc.
Effective 🇮🇹 rate
26.00%
Tracking difference — year by year
Fund minus index, from issuer-declared series (complete calendar years). Each measures adherence to its OWN index.
GBHY — Invesco Global High Yield Corporate Bond ESG Climate Transition UCITS ETF Dist · IE000ZWSN3F7 · Bonds · High yield · Broad (all maturities) · North America
GBHA — Invesco Global High Yield Corporate Bond ESG Climate Transition UCITS ETF Acc · IE0001VDDL68 · Bonds · High yield · Broad (all maturities) · Global
Performance over the period, in euro
From 24 Jan 2023 to 14 Aug 2026 · base 100 · ECB rates, dividends reinvested where declared
In euro (nominal)
In today’s purchasing power (net of Italy inflation)
Same scale in both panels: the gap between endpoints is Italian inflation over the period (Eurostat). Volatility stays nominal, as everywhere on the site.
How far they fell — drawdown from peak (nominal)
In euro · distance from the previous peak, day by day, on NAV: for distributing classes it includes ex-dividend drops (slightly deeper than total return)
Filled area: GBHY; thin lines: the other funds.
The worst episode, fund by fund
Fund
Max drawdown
Trough
Recovery time
Underwater
GBHY
−11.6%
27 Mar 2026
not yet
557 days (ongoing)
GBHA
−9.4%
11 Apr 2025
439 days
506 days · back to break-even on 24 Jun 2026
"Recovery time" = the climb only: trough to break-even (0%). "Underwater" = decline + recovery: peak to break-even.
Drawdown net of Italy inflation
Same curve in purchasing-power terms: as on the site, drawdown follows the real view (volatility stays nominal, per methodology)
In real terms declines are deeper and recoveries slower. Monthly price index (Eurostat), held at the last published value.
GBHY — Invesco Global High Yield Corporate Bond ESG Climate Transition UCITS ETF Dist · IE000ZWSN3F7 · Bonds · High yield · Broad (all maturities) · North America
GBHA — Invesco Global High Yield Corporate Bond ESG Climate Transition UCITS ETF Acc · IE0001VDDL68 · Bonds · High yield · Broad (all maturities) · Global
Geographic composition
% of portfolio, from full declared holdings
Sector composition
GICS sectors, same sources and dates
Portfolio overlap
1,131 common holdings · ticker match on full official portfolios
How the shared part is computed: for each security held by both funds, only the SMALLER of the two weights counts — a stock at 5% in one fund and 1% in the other overlaps by 1%, not 5%. Summed over all 1,131 common holdings this gives 100.0%: buying both funds, roughly this share of your money buys the same stocks twice. Matching uses the ISIN of each security, as published by both issuers in their baskets.
"—" = not published by the source, never estimated
GBHY — Invesco Global High Yield Corporate Bond ESG Climate Transition UCITS ETF Dist · IE000ZWSN3F7 · Bonds · High yield · Broad (all maturities) · North America
GBHA — Invesco Global High Yield Corporate Bond ESG Climate Transition UCITS ETF Acc · IE0001VDDL68 · Bonds · High yield · Broad (all maturities) · Global
Metric
GBHY
GBHA
Note
Identity
Category
Bonds · High yield · Broad (all maturities) · North America
Bonds · High yield · Broad (all maturities) · Global
Indicative cumulative cost: on 10,000 euro over 5 years (stated assumption: 5%/yr growth, cost = TER + transaction) ~291 euro GBHY · ~291 euro GBHA. Broker costs not included.
Disclaimer
This document is for information only and does not constitute investment advice under Directive 2014/65/EU (MiFID II), investment research, a personal recommendation, or an offer or solicitation to buy or sell financial instruments.
Past performance is not indicative of, nor a guarantee of, future results. The value of an investment can go down as well as up and investors may not get back the capital invested. Euro returns are affected by currency fluctuations.
Before any investment decision, read the KID and the Prospectus, available from the issuers. Tax treatment depends on individual circumstances and may change.
Data come from official issuer documents and public registers, following the public methodology at rebalix.com/en/methodology. "—" fields were not published by the source and have not been estimated. Rebalix receives no compensation from the issuers mentioned.