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
67.4 %

772 positions appear in both funds. Buying equal dollars of HYG and SHYG would leave roughly 67.4% of each dollar exposed to the same underlying securities.

HYG only 45.8% Shared 67.4% SHYG only 42.3%
In HYG only
568 positions
Shared
772 positions
In SHYG only
378 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%
SHYG

iShares 0-5 Year High Yield Corporate Bond ETF

iShares · US High Yield Bond

74 composite / 100
Expense ratio
0.30%
Net assets
$7.60B
TTM yield
7.00%
Top-10 conc.
16.3%

Sub-score comparison

51
Cost
70
46
Tax efficiency
44
100
Liquidity
95
87
Concentration
91
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

772 shared in total
# Holding In HYG In SHYG Overlap
1 BlackRock Funds III 15.84% 12.63% 12.63%
2 CLOUD SOFTWARE GRP INC 0.35% 0.46% 0.35%
3 CLOUD SOFTWARE GRP INC 0.35% 0.44% 0.35%
4 DISH NETWORK CORP 0.34% 0.37% 0.34%
5 ECHOSTAR CORP 0.32% 0.53% 0.32%
6 WULF COMPUTE LLC 0.31% 0.39% 0.31%
7 HUB INTERNATIONAL LTD 0.30% 0.39% 0.30%
8 VENTURE GLOBAL LNG INC 0.27% 0.38% 0.27%
9 TRANSDIGM INC 0.26% 0.33% 0.26%
10 CCO HLDGS LLC/CAP CORP 0.25% 0.35% 0.25%
11 AMERICAN AIRLINES/AADVAN 0.25% 0.35% 0.25%
12 MAUSER PACKAGING SOLUT 0.25% 0.31% 0.25%

Only in HYG

568 total
  • QUIKRETE HOLDINGS INC 0.39%
  • ASURION LLC/ASURION CO 0.35%
  • PANTHER ESCROW ISSUER 0.29%
  • LEVEL 3 FINANCING INC 0.24%
  • TRANSDIGM INC 0.23%
  • BEACH ACQUISITION BIDCO 0.23%
  • CCO HLDGS LLC/CAP CORP 0.23%
  • QXO BUILDING PRODUCTS 0.22%
  • WINDSTREAM SERVICES/ESCR 0.21%
  • DISCOVERY HOLDINGS INC 0.21%

Only in SHYG

378 total
  • DISH DBS CORP 0.24%
  • APLD COMPUTECO 2 LLC 0.21%
  • MERIDIAN ARC HOLDCO LLC 0.19%
  • PR RNO PROPERTY OWNER 1 0.18%
  • TEVA PHARMACEUTICALS NE 0.15%
  • CORE SCIENTIFIC FINANCE 0.14%
  • EDGED COMPUTE LLC 0.13%
  • ROCKETMTGE CO-ISSUER INC 0.13%
  • AIR CANADA 0.12%
  • NISSAN MOTOR ACCEPTANCE 0.11%

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.