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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
74.5 %

1,235 positions appear in both funds. Buying equal dollars of HYG and USHY would leave roughly 74.5% of each dollar exposed to the same underlying securities.

HYG unmatched 22.8% Shared 74.5% USHY unmatched 22.2%

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
82 positions
Shared
1,235 positions
In USHY only
657 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
$16.78B
TTM yield
6.10%
Top-10 conc.
3.5%
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

51
Cost
92
46
Tax efficiency
44
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

1,235 shared in total
# Holding In HYG In USHY Overlap
1 1261229 BC LTD 0.54% 0.47% 0.47%
2 ECHOSTAR CORP 0.44% 0.39% 0.39%
3 QUIKRETE HOLDINGS INC 0.33% 0.29% 0.29%
4 PR RNO PROPERTY OWNER 1 0.26% 0.28% 0.26%
5 ASURION LLC/ASURION CO 0.28% 0.26% 0.26%
6 MERIDIAN ARC HOLDCO LLC 0.26% 0.39% 0.26%
7 CLOUD SOFTWARE GRP INC 0.33% 0.26% 0.26%
8 CLOUD SOFTWARE GRP INC 0.34% 0.25% 0.25%
9 HUB INTERNATIONAL LTD 0.29% 0.24% 0.24%
10 SV RNO PROPERTY OWNER 1 0.30% 0.24% 0.24%
11 WULF COMPUTE LLC 0.26% 0.24% 0.24%
12 NEXSTAR MEDIA INC 0.30% 0.23% 0.23%

Only in HYG

82 total
  • DISH NETWORK CORP 0.32%
  • DISCOVERY HOLDINGS INC 0.22%
  • VENTURE GLOBAL LNG INC 0.18%
  • SAKS Global Enterprises LLC 0.16%
  • DISCOVERY HOLDINGS INC 0.11%
  • WYNN MACAU LTD 0.11%
  • WESCO DISTRIBUTION INC 0.11%
  • CHART INDUSTRIES INC 0.11%
  • TEVA PHARMACEUTICALS NE 0.11%
  • DISCOVERY COMMUNICATIONS 0.10%

Only in USHY

657 total
  • CENTENE CORP 0.21%
  • DISCOVERY HOLDINGS INC 0.18%
  • DISCOVERY HOLDINGS INC 0.16%
  • CENTENE CORP 0.13%
  • CENTENE CORP 0.13%
  • CENTENE CORP 0.12%
  • GALAXY HELIOS DATA CNTR 0.12%
  • AMC GLOBAL MEDIA INC 0.12%
  • CARRIX INC 0.10%
  • IRON MOUNTAIN INC 0.09%

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.