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ETF comparison

HYG vs USHY

Both US High Yield Bond.

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

Holdings overlap

Weighted by ISIN/CUSIP
76.7 %

1,266 positions appear in both funds. Buying equal dollars of HYG and USHY would leave roughly 76.7% of each dollar exposed to the same underlying securities.

HYG unmatched 19.9% Shared 76.7% USHY unmatched 20.0%

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
50 positions
Shared
1,266 positions
In USHY only
626 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%
USHY

iShares Broad USD High Yield Corporate Bond ETF

iShares · US High Yield Bond

86 composite / 100
Expense ratio
0.080%
Net assets
$26.69B
TTM yield
6.56%
Top-10 conc.
3.1%

Sub-score comparison

51
Cost
92
47
Tax efficiency
45
100
Liquidity
100
100
Concentration
100
—
Tracking quality
—
HYG sub-score USHY

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

Cost difference

USHY is 41 bps cheaper than HYG. On a $100,000 position that's about $410/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 USHY.

Top shared holdings

1,266 shared in total
# Holding In HYG In USHY Overlap
1 1261229 BC LTD 0.50% 0.47% 0.47%
2 MERIDIAN ARC HOLDCO LLC 0.45% 0.39% 0.39%
3 ECHOSTAR CORP 0.43% 0.39% 0.39%
4 QUIKRETE HOLDINGS INC 0.32% 0.29% 0.29%
5 PR RNO PROPERTY OWNER 1 0.34% 0.28% 0.28%
6 ASURION LLC/ASURION CO 0.29% 0.26% 0.26%
7 CLOUD SOFTWARE GRP LLC 0.32% 0.26% 0.26%
8 CLOUD SOFTWARE GRP LLC 0.32% 0.25% 0.25%
9 HUB INTERNATIONAL LTD 0.29% 0.24% 0.24%
10 SV RNO PROPERTY OWNER 1 0.28% 0.24% 0.24%
11 WULF COMPUTE LLC 0.28% 0.24% 0.24%
12 NEXSTAR MEDIA INC 0.28% 0.23% 0.23%

Only in HYG

50 total
  • MPT OPER PARTNERSP/FINL 0.23%
  • TALEN ENERGY SUPPLY LLC 0.21%
  • TALEN ENERGY SUPPLY LLC 0.13%
  • ZENITH ARC LLC 0.11%
  • WYNN MACAU LTD 0.10%
  • ENERGY TRANSFER LP 0.10%
  • MELCO RESORTS FINANCE 0.10%
  • WYNN MACAU LTD 0.09%
  • ARC FALCON I INC/ARCL/HO 0.09%
  • STUDIO CITY FINANCE LTD 0.08%

Only in USHY

626 total
  • DISCOVERY HOLDINGS INC 0.18%
  • JANE STREET GRP/JSG FIN 0.11%
  • JANE STREET GRP/JSG FIN 0.11%
  • CARVANA CO 0.10%
  • JANE STREET GRP/JSG FIN 0.09%
  • CARNIVAL CORP LTD 0.08%
  • GLOBAL AIR LEASE CO LTD 0.08%
  • PARAMOUNT GLOBAL 0.07%
  • PARAMOUNT GLOBAL 0.07%
  • CLEAR CHANNEL OUTDOOR HO 0.07%

Percentages are holdings overlap with the named fund.

Open HYG or USHY 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.