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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
85.2 %

1,236 positions appear in both funds. Buying equal dollars of HYG and USHY would leave roughly 85.2% of each dollar exposed to the same underlying securities.

HYG only 27.9% Shared 85.2% USHY only 23.9%
In HYG only
104 positions
Shared
1,236 positions
In USHY only
654 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%
USHY

iShares Broad USD High Yield Corporate Bond ETF

iShares · US High Yield Bond

85 composite / 100
Expense ratio
0.080%
Net assets
$28.48B
TTM yield
6.89%
Top-10 conc.
14.8%

Sub-score comparison

51
Cost
92
46
Tax efficiency
44
100
Liquidity
100
87
Concentration
93
—
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

1,236 shared in total
# Holding In HYG In USHY Overlap
1 BlackRock Funds III 15.84% 12.12% 12.12%
2 1261229 BC LTD 0.52% 0.47% 0.47%
3 ECHOSTAR CORP 0.32% 0.41% 0.32%
4 QUIKRETE HOLDINGS INC 0.39% 0.28% 0.28%
5 CLOUD SOFTWARE GRP INC 0.35% 0.26% 0.26%
6 WULF COMPUTE LLC 0.31% 0.25% 0.25%
7 ASURION LLC/ASURION CO 0.35% 0.25% 0.25%
8 HUB INTERNATIONAL LTD 0.30% 0.25% 0.25%
9 CLOUD SOFTWARE GRP INC 0.35% 0.25% 0.25%
10 VENTURE GLOBAL LNG INC 0.27% 0.23% 0.23%
11 DISH NETWORK CORP 0.34% 0.21% 0.21%
12 AMERICAN AIRLINES/AADVAN 0.25% 0.21% 0.21%

Only in HYG

104 total
  • LIGHTNING POWER LLC 0.16%
  • RAKUTEN GROUP INC 0.15%
  • NEXSTAR MEDIA INC 0.14%
  • VISTRA OPERATIONS CO LLC 0.14%
  • UNIVISION COMMUNICATIONS 0.14%
  • SBA COMMUNICATIONS CORP 0.13%
  • SM ENERGY CO 0.13%
  • TALEN ENERGY SUPPLY LLC 0.12%
  • LIFEPOINT HEALTH INC 0.12%
  • WYNN MACAU LTD 0.11%

Only in USHY

654 total
  • CARNIVAL CORP 0.21%
  • DISCOVERY HOLDINGS INC 0.20%
  • NEXSTAR MEDIA INC 0.18%
  • APLD COMPUTECO 2 LLC 0.15%
  • CARNIVAL CORP 0.14%
  • OAK-EAGLE ACQUIRECO INC 0.14%
  • OAK-EAGLE ACQUIRECO INC 0.13%
  • MERIDIAN ARC HOLDCO LLC 0.11%
  • PR RNO PROPERTY OWNER 1 0.11%
  • CARNIVAL CORP 0.09%

Open HYG or USHY at a brokerage

Both funds trade commission-free at major US brokerages.

Open at Fidelity

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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.