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ETF comparison

HYG vs SCHZ

US High Yield Bond vs US Aggregate Bond.

iShares iBoxx $ High Yield Corporate Bond ETF · Schwab U.S. Aggregate Bond ETF

Holdings overlap

Weighted by ISIN/CUSIP
0.0 %

4 positions appear in both funds. Buying equal dollars of HYG and SCHZ would leave roughly 0.0% of each dollar exposed to the same underlying securities.

HYG unmatched 96.6% Shared 0.0% SCHZ unmatched 98.7%

Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.

In HYG only
1,312 positions
Shared
4 positions
In SCHZ only
12,322 positions

Side by side

HYG

iShares iBoxx $ High Yield Corporate Bond ETF

iShares · US High Yield Bond

70 composite / 100
Expense ratio
0.49%
Net assets
$17.71B
TTM yield
5.56%
Top-10 conc.
3.6%
SCHZ

Schwab U.S. Aggregate Bond ETF

Schwab · US Aggregate Bond

89 composite / 100
Expense ratio
0.030%
Net assets
$10.85B
TTM yield
3.92%
Top-10 conc.
3.7%

Sub-score comparison

51
Cost
97
47
Tax efficiency
53
100
Liquidity
100
100
Concentration
100
—
Tracking quality
—
HYG sub-score SCHZ

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

Cost difference

SCHZ is 46 bps cheaper than HYG. On a $100,000 position that's about $460/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 SCHZ.

Top shared holdings

4 shared in total
# Holding In HYG In SCHZ Overlap
1 PILGRIM'S PRIDE CORP 0.05% 0.00% 0.00%
2 PILGRIM'S PRIDE CORP 0.07% 0.00% 0.00%
3 PILGRIM'S PRIDE CORP 0.04% 0.00% 0.00%
4 PILGRIM'S PRIDE CORP 0.06% 0.00% 0.00%

Only in HYG

1,312 total
  • 1261229 BC LTD 0.50%
  • MERIDIAN ARC HOLDCO LLC 0.45%
  • ECHOSTAR CORP 0.43%
  • PR RNO PROPERTY OWNER 1 0.34%
  • QUIKRETE HOLDINGS INC 0.32%
  • CLOUD SOFTWARE GRP LLC 0.32%
  • CLOUD SOFTWARE GRP LLC 0.32%
  • GALAXY HELIOS DATA CNTR 0.30%
  • ASURION LLC/ASURION CO 0.29%
  • HUB INTERNATIONAL LTD 0.29%

Only in SCHZ

12,322 total
  • United States Treasury 0.39%
  • United States Treasury 0.39%
  • United States Treasury 0.39%
  • United States Treasury 0.37%
  • United States Treasury 0.37%
  • United States Treasury 0.37%
  • United States Treasury 0.36%
  • United States Treasury 0.36%
  • United States Treasury 0.36%
  • United States Treasury 0.36%

Percentages are holdings overlap with the named fund.

Open HYG or SCHZ 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.