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ETF comparison

FALN vs USHY

Both US High Yield Bond.

iShares Fallen Angels USD Bond ETF · iShares Broad USD High Yield Corporate Bond ETF

Holdings overlap

Weighted by ISIN/CUSIP
4.8 %

128 positions appear in both funds. Buying equal dollars of FALN and USHY would leave roughly 4.8% of each dollar exposed to the same underlying securities.

FALN unmatched 92.8% Shared 4.8% USHY unmatched 91.9%

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 FALN only
30 positions
Shared
128 positions
In USHY only
1,764 positions

Side by side

FALN

iShares Fallen Angels USD Bond ETF

iShares · US High Yield Bond

68 composite / 100
Expense ratio
0.25%
Net assets
$1.56B
TTM yield
6.83%
Top-10 conc.
17.5%
USHY

iShares Broad USD High Yield Corporate Bond ETF

iShares · US High Yield Bond

86 composite / 100
Expense ratio
0.080%
Net assets
$26.01B
TTM yield
7.16%
Top-10 conc.
3.1%

Sub-score comparison

75
Cost
92
44
Tax efficiency
44
65
Liquidity
100
89
Concentration
100
—
Tracking quality
—
FALN sub-score USHY

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

Cost difference

USHY is 17 bps cheaper than FALN. On a $100,000 position that's about $170/yr more in fees for FALN.

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 FALN vs USHY.

Top shared holdings

128 shared in total
# Holding In FALN In USHY Overlap
1 CENTENE CORP 0.76% 0.21% 0.21%
2 NISSAN MOTOR CO 1.04% 0.16% 0.16%
3 NISSAN MOTOR CO 0.98% 0.16% 0.16%
4 VODAFONE GROUP PLC 2.98% 0.15% 0.15%
5 CENTENE CORP 0.43% 0.13% 0.13%
6 CENTENE CORP 0.45% 0.13% 0.13%
7 CENTENE CORP 0.43% 0.12% 0.12%
8 PARAMOUNT GLOBAL 0.36% 0.09% 0.09%
9 CENTENE CORP 0.26% 0.08% 0.08%
10 CELANESE US HOLDINGS LLC 0.65% 0.07% 0.07%
11 PARAMOUNT GLOBAL 0.26% 0.07% 0.07%
12 CELANESE US HOLDINGS LLC 0.61% 0.07% 0.07%

Only in FALN

30 total
  • RESORTS WORLD/RWLV CAP 1.89%
  • WILTON RE LTD 0.79%
  • CONSTELLATION INSURC INC 0.68%
  • GLOBAL MARINE INC 0.52%
  • GENWORTH HOLDINGS INC 0.52%
  • BELO CORP 0.51%
  • DISCOVERY HOLDINGS INC 0.50%
  • PROVIDENT FINANCING TR I 0.44%
  • CRANE NXT CO 0.42%
  • BATH & BODY WORKS INC 0.42%

Only in USHY

1,764 total
  • 1261229 BC LTD 0.47%
  • MERIDIAN ARC HOLDCO LLC 0.39%
  • ECHOSTAR CORP 0.39%
  • QUIKRETE HOLDINGS INC 0.29%
  • PR RNO PROPERTY OWNER 1 0.28%
  • ASURION LLC/ASURION CO 0.26%
  • CLOUD SOFTWARE GRP LLC 0.26%
  • CLOUD SOFTWARE GRP LLC 0.25%
  • HUB INTERNATIONAL LTD 0.24%
  • SV RNO PROPERTY OWNER 1 0.24%

Percentages are holdings overlap with the named fund.

Open FALN 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.