ETF comparison

HYG vs HYLB

Both US High Yield Bond.

iShares iBoxx $ High Yield Corporate Bond ETF · Xtrackers USD High Yield Corporate Bond ETF

Holdings overlap

Weighted by ISIN/CUSIP
83.8 %

1,145 positions appear in both funds. Buying equal dollars of HYG and HYLB would leave roughly 83.8% of each dollar exposed to the same underlying securities.

HYG only 29.4% Shared 83.8% HYLB only 20.0%
In HYG only
195 positions
Shared
1,145 positions
In HYLB only
111 positions

Side by side

HYG

iShares iBoxx $ High Yield Corporate Bond ETF

iShares · US High Yield Bond

68 composite / 100
Expense ratio
0.49%
Net assets
$17.63B
TTM yield
5.90%
Top-10 conc.
19.1%
HYLB

Xtrackers USD High Yield Corporate Bond ETF

DWS · US High Yield Bond

82 composite / 100
Expense ratio
0.050%
Net assets
$3.47B
TTM yield
6.50%
Top-10 conc.
10.7%

Sub-score comparison

51
Cost
95
46
Tax efficiency
45
100
Liquidity
80
87
Concentration
99
Tracking quality
HYG sub-score HYLB

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

HYLB is 44 bps cheaper than HYG. On a $100,000 position that's about $440/yr more in fees for HYG.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with HYG vs HYLB.

Top shared holdings

1,145 shared in total
# Holding In HYG In HYLB Overlap
1 1261229 BC LTD 0.52% 0.55% 0.52%
2 QUIKRETE HOLDINGS INC 0.39% 0.37% 0.37%
3 CLOUD SOFTWARE GRP INC 0.35% 0.34% 0.34%
4 CLOUD SOFTWARE GRP INC 0.35% 0.34% 0.34%
5 ECHOSTAR CORP 0.32% 0.52% 0.32%
6 ASURION LLC/ASURION CO 0.35% 0.31% 0.31%
7 HUB INTERNATIONAL LTD 0.30% 0.30% 0.30%
8 DISH NETWORK CORP 0.34% 0.30% 0.30%
9 VENTURE GLOBAL LNG INC 0.27% 0.29% 0.27%
10 PANTHER ESCROW ISSUER 0.29% 0.27% 0.27%
11 CCO HLDGS LLC/CAP CORP 0.25% 0.25% 0.25%
12 TRANSDIGM INC 0.26% 0.25% 0.25%

Only in HYG

195 total
  • BlackRock Funds III 15.84%
  • WULF COMPUTE LLC 0.31%
  • AMERICAN AIRLINES/AADVAN 0.25%
  • ECHOSTAR CORP 0.23%
  • BEACH ACQUISITION BIDCO 0.23%
  • CVS HEALTH CORP 0.20%
  • VODAFONE GROUP PLC 0.20%
  • APLD COMPUTECO LLC 0.20%
  • CARVANA CO 0.17%
  • RAKUTEN GROUP INC 0.15%

Only in HYLB

111 total
  • DWS GOVERNMENT AND AGENCY SECURITIES PORTFOLIO DWS GOVERNMENT CASH INSTITUTIONAL SHARES 5.81%
  • Carnival Corporation 0.28%
  • GOL FINANCE 0.19%
  • Carnival Corporation 0.19%
  • First Quantum Minerals Ltd. 0.12%
  • Vedanta Resources Finance II PLC 0.11%
  • Carnival Corporation 0.11%
  • Saavi Energia S.a.r.l. 0.11%
  • First Quantum Minerals Ltd. 0.10%
  • Carnival Corporation 0.09%

Open HYG or HYLB at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.