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ETF comparison

HYG vs SHYG

Both US High Yield Bond.

iShares iBoxx $ High Yield Corporate Bond ETF · iShares 0-5 Year High Yield Corporate Bond ETF

Holdings overlap

Weighted by ISIN/CUSIP
53.6 %

768 positions appear in both funds. Buying equal dollars of HYG and SHYG would leave roughly 53.6% of each dollar exposed to the same underlying securities.

HYG unmatched 43.0% Shared 53.6% SHYG unmatched 43.8%

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
548 positions
Shared
768 positions
In SHYG only
384 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%
SHYG

iShares 0-5 Year High Yield Corporate Bond ETF

iShares · US High Yield Bond

76 composite / 100
Expense ratio
0.30%
Net assets
$7.71B
TTM yield
6.58%
Top-10 conc.
4.2%

Sub-score comparison

51
Cost
70
47
Tax efficiency
45
100
Liquidity
95
100
Concentration
100
—
Tracking quality
—
HYG sub-score SHYG

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

Cost difference

SHYG is 19 bps cheaper than HYG. On a $100,000 position that's about $190/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 SHYG.

Top shared holdings

768 shared in total
# Holding In HYG In SHYG Overlap
1 MERIDIAN ARC HOLDCO LLC 0.45% 0.58% 0.45%
2 ECHOSTAR CORP 0.43% 0.53% 0.43%
3 PR RNO PROPERTY OWNER 1 0.34% 0.46% 0.34%
4 CLOUD SOFTWARE GRP LLC 0.32% 0.43% 0.32%
5 CLOUD SOFTWARE GRP LLC 0.32% 0.42% 0.32%
6 HUB INTERNATIONAL LTD 0.29% 0.37% 0.29%
7 WULF COMPUTE LLC 0.28% 0.37% 0.28%
8 SV RNO PROPERTY OWNER 1 0.28% 0.29% 0.28%
9 CORE SCIENTIFIC FINANCE 0.28% 0.34% 0.28%
10 CRC INSURANCE GROUP LLC 0.29% 0.27% 0.27%
11 VENTURE GLOBAL LNG INC 0.26% 0.36% 0.26%
12 1011778 BC / NEW RED FIN 0.24% 0.24% 0.24%

Only in HYG

548 total
  • QUIKRETE HOLDINGS INC 0.32%
  • ASURION LLC/ASURION CO 0.29%
  • NEXSTAR MEDIA INC 0.28%
  • OAK-EAGLE ACQUIRECO INC 0.26%
  • ASURION LLC/ASURION CO 0.24%
  • TRANSDIGM INC 0.24%
  • MPT OPER PARTNERSP/FINL 0.23%
  • OAK-EAGLE ACQUIRECO INC 0.22%
  • DISCOVERY HOLDINGS INC 0.22%
  • BEACH ACQUISITION BIDCO 0.21%

Only in SHYG

384 total
  • DISH DBS CORP 0.33%
  • DISH DBS CORP 0.24%
  • RAKUTEN GROUP INC 0.21%
  • SBA COMMUNICATIONS CORP 0.17%
  • CENTENE CORP 0.17%
  • CARVANA CO 0.17%
  • ICAHN ENTERPRISES/FIN 0.16%
  • JANE STREET GRP/JSG FIN 0.15%
  • TEVA PHARMACEUTICALS NE 0.15%
  • DISCOVERY HOLDINGS INC 0.13%

Percentages are holdings overlap with the named fund.

Open HYG or SHYG 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.