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ETF comparison

SCHZ vs USHY

US Aggregate Bond vs US High Yield Bond.

Schwab U.S. Aggregate Bond ETF · iShares Broad USD High Yield Corporate Bond ETF

Holdings overlap

Weighted by ISIN/CUSIP
0.0 %

4 positions appear in both funds. Buying equal dollars of SCHZ and USHY would leave roughly 0.0% of each dollar exposed to the same underlying securities.

SCHZ unmatched 98.7% Shared 0.0% USHY unmatched 96.7%

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 SCHZ only
12,322 positions
Shared
4 positions
In USHY only
1,888 positions

Side by side

SCHZ

Schwab U.S. Aggregate Bond ETF

Schwab · US Aggregate Bond

89 composite / 100
Expense ratio
0.030%
Net assets
$10.45B
TTM yield
4.30%
Top-10 conc.
3.7%
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

97
Cost
92
52
Tax efficiency
44
100
Liquidity
100
100
Concentration
100
—
Tracking quality
—
SCHZ sub-score USHY

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

Cost difference

SCHZ is 5 bps cheaper than USHY. On a $100,000 position that's about $50/yr more in fees for USHY.

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 SCHZ vs USHY.

Top shared holdings

4 shared in total
# Holding In SCHZ In USHY Overlap
1 PILGRIM'S PRIDE CORP 0.00% 0.05% 0.00%
2 PILGRIM'S PRIDE CORP 0.00% 0.05% 0.00%
3 PILGRIM'S PRIDE CORP 0.00% 0.03% 0.00%
4 PILGRIM'S PRIDE CORP 0.00% 0.05% 0.00%

Only in SCHZ

12,322 total
  • United States Treasury 0.39%
  • United States Treasury 0.39%
  • United States Treasury 0.39%
  • United States Treasury 0.37%
  • United States Treasury 0.37%
  • United States Treasury 0.37%
  • United States Treasury 0.36%
  • United States Treasury 0.36%
  • United States Treasury 0.36%
  • United States Treasury 0.36%

Only in USHY

1,888 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 SCHZ 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.