Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
HYG vs SHY: how they differ
HYG and SHY are both bond index funds, and over the year HYG returned more, +2.9% against +1.7%.
iShares iBoxx $ High Yield Corporate Bond ETF and iShares 1-3 Year Treasury Bond ETF.
| HYG iShares iBoxx $ High Yield Corporate Bond ETF | SHY iShares 1-3 Year Treasury Bond ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | US high yield bonds | 1-3 Year Treasury Bond |
| Total return, 1 year | +2.9% | +1.7% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −14.6 pts | −15.8 pts |
| Expense ratio | 0.49% | 0.15% |
| Holdings | not filed | 89 |
HYG in plain words
HYG is a bond fund tracking the US high yield bonds. Over the year to Sep 11, 2026 it returned +2.9% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.49% a year.
SHY in plain words
SHY is a bond fund tracking the 1-3 Year Treasury Bond. Over the year to Sep 11, 2026 it returned +1.7% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year.
Questions people ask
- Which returned more over the last year, HYG or SHY?
- In the year to Sep 12, 2026, with distributions reinvested, HYG returned +2.9% and SHY returned +1.7%, so HYG returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, HYG or SHY?
- HYG charges 0.49% a year and SHY charges 0.15%, so SHY is cheaper. Fees come from each fund's prospectus.
Other comparisons
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, HYG against SHY, data as of Sep 12, 2026. https://etfiq.com/compare/any/HYG-SHY Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources