Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
HYG vs SPHD: how they differ
HYG is a bond index fund and SPHD an equity index fund, and over the year SPHD returned more, +8.6% against +2.9%.
iShares iBoxx $ High Yield Corporate Bond ETF and Invesco S&P 500 High Dividend Low Volatility ETF.
| HYG iShares iBoxx $ High Yield Corporate Bond ETF | SPHD Invesco S&P 500 High Dividend Low Volatility ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Invesco |
| What it is | US high yield bonds | S&P 500 High Dividend Low Volatility |
| Total return, 1 year | +2.9% | +8.6% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −14.6 pts | −8.9 pts |
| Expense ratio | 0.49% | 0.30% |
| Holdings | not filed | 49 |
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.
SPHD in plain words
SPHD is an index equity fund tracking the S&P 500 High Dividend Low Volatility. Over the year to Sep 11, 2026 it returned +8.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.30% a year. By its holdings filed for May 31, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 49 positions, with the top ten at 29.3%. It sat 4.1% below its high of Aug 24, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, HYG or SPHD?
- In the year to Sep 12, 2026, with distributions reinvested, HYG returned +2.9% and SPHD returned +8.6%, so SPHD returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, HYG or SPHD?
- HYG charges 0.49% a year and SPHD charges 0.30%, so SPHD is cheaper. Fees come from each fund's prospectus.
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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 SPHD, data as of Sep 12, 2026. https://etfiq.com/compare/any/HYG-SPHD Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources