BHYB vs SHYG: Differences, Returns & Fees

BHYB's duration was 3.0 years on May 31, 2026 and SHYG's 2.1 on Jul 31, 2026; BHYB charges 0.20% to SHYG's 0.30%. Net assets: $3.0bn on Oct 19, 2026 for Xtrackers USD High Yield BB-B ex Financials ETF, and $7.6bn on Oct 20, 2026 for iShares 0-5 Year High Yield Corporate Bond ETF.

Ask IQ about this page

Ask IQ about BHYB and SHYG

Answers cite the figures on this page.

BHYB costs 0.10 points a year less; their one-year returns differ by 0.4 points; SHYG is 2.5 times larger.

BHYB vs SHYG: Differences, Returns & Fees
BHYBSHYG
Expense ratio0.20%0.30%
Net assets, as of Oct 19, 2026$3.0bn$7.6bn
Total return, 1 year+1.7%+2.1%
What it tracksICE BofA BB-B Non-FNCL Non-Distressed US HY Constrained IndexMarkit iBoxx USD Liquid High Yield 0-5 Index
Holdings in common52%

Holdings in common uses holdings dated May 31, 2026 and Jul 31, 2026.

+1.7%
BHYB total return, 1 year
+2.1%
SHYG total return, 1 year
0.20%
BHYB expense ratio
0.30%
SHYG expense ratio

Get BHYB and SHYG fund flows by email, every Monday.

Plus the Friday ETF note. Confirm from the link that arrives, and unsubscribe in one click. See Privacy.

Client brief · page 1 of 2Report BR-3EC04BBA93

BHYB and SHYG are built for the same job. How do they differ in cost, holdings and results?

  1. What each follows. BHYB follows ICE BofA BB-B Non-FNCL Non-Distressed US HY Constrained Index and SHYG follows Markit iBoxx USD Liquid High Yield 0-5 Index.
  2. Cost. BHYB charges 0.20% of assets a year and SHYG 0.30%, a gap of 0.10 points.
  3. Holdings in common (similar). 52% of the weight is in the same securities (holdings dated May 31, 2026 and Jul 31, 2026).

Data as of Oct 20, 2026. The differences are picked by a fixed rule, in a fixed order; the PDF prints it. Page 2 has the returns, overlap, risks and sources.

Take this comparison to a client

The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.

Not advice. The brief uses the figures on this page, with the data date and a report id. Saved comparisons are listed on your saved page; privacy.

What they hold in common

By the books each fund has filed, BHYB and SHYG hold 52% of their money in the same securities at the same weight. Holdings dated May 31, 2026 and Jul 31, 2026.

half

52% in common

Positions both hold, largest shared weight first
Holding BHYB SHYG
MERIDI 6.25 04/30/31 144A, due Apr 30, 2031 0.48% 0.58%
SATS 10.75 11/30/29 ., due Nov 30, 2029 0.47% 0.53%
TRACTD 6.5 05/01/31 144A, due May 1, 2031 0.38% 0.46%
TIBX 6.5 03/31/29 144A, due Mar 31, 2029 0.31% 0.43%
TIBX 9 09/30/29 144A, due Sep 30, 2029 0.29% 0.42%
TRACTC 5.875 03/01/31 144A, due Mar 1, 2031 0.31% 0.29%
CORZ 7.75 05/15/31 144A, due May 15, 2031 0.28% 0.34%
WULF 7.75 10/15/30 144A, due Oct 15, 2030 0.28% 0.37%
VENLNG 9.5 02/01/29 144A, due Feb 1, 2029 0.27% 0.36%
AAL 5.75 04/20/29 144A, due Apr 20, 2029 0.27% 0.32%
EMECLI 6.625 12/15/30 144A, due Dec 15, 2030 0.23% 0.24%
CHTR 4.75 03/01/30 144A, due Mar 1, 2030 0.23% 0.31%
Only in BHYB
QUIKHO 6.375 03/01/32 144A, due Mar 1, 2032 0.33%
NXST 6.5 09/15/33 144A, due Sep 15, 2033 0.28%
CCL 5.75 08/01/32 144A, due Aug 1, 2032 0.25%
EA 7.25 07/01/33 144A, due Jul 1, 2033 0.25%
CRWV 9.75 10/01/31 144A, due Oct 1, 2031 0.24%
WBD 5.05 03/15/42 *, due Mar 15, 2042 0.22%
TDG 6.375 05/31/33 144A, due May 31, 2033 0.22%
EA 8.75 07/01/34 144A, due Jul 1, 2034 0.22%
Only in SHYG
HUB International Ltd, due Jun 15, 2030 0.37%
DISH DBS Corp, due Dec 1, 2026 0.33%
DISH DBS Corp, due Dec 1, 2028 0.30%
CRC Insurance Group LLC, due Jun 1, 2031 0.27%
AthenaHealth Group Inc, due Feb 15, 2030 0.26%
DISH DBS Corp, due Jul 1, 2026 0.24%
Rocket Cos Inc, due Aug 1, 2030 0.22%
Rakuten Group Inc, due Feb 15, 2027 0.21%

Check overlap with more funds →

On the same fields

BHYB
Xtrackers USD High Yield BB-B ex Financials ETF
SHYG
iShares 0-5 Year High Yield Corporate Bond ETF
Where it sits Bond ETF Bond ETF
What it is Tracks an index Tracks an index
Total return, 1 year +1.7% +2.1%
Its benchmark over the same days −1.6% (IUSB) −1.6% (IUSB)
Gap to its benchmark +3.3 pts vs IUSB +3.7 pts vs IUSB
Expense ratio 0.20% 0.30%
Holdings 1477 1146
Net assets, BHYB as of Oct 19, 2026 and SHYG as of Oct 20, 2026 $3.0bn $7.6bn

BHYB and SHYG on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.

About BHYB

BHYB tracks an index. Over the year to Oct 20, 2026 it returned +1.7% with distributions reinvested, against −1.6% for its benchmark, the Bloomberg U.S. Universal Bond Index. The prospectus expense ratio is 0.20% a year.

About SHYG

SHYG tracks an index. Over the year to Oct 20, 2026 it returned +2.1% with distributions reinvested, against −1.6% for its benchmark, the Bloomberg U.S. Universal Index. The prospectus expense ratio is 0.30% a year.

Questions people ask

Which returned more over the last year, BHYB or SHYG?
In the year to Oct 20, 2026, with distributions reinvested, BHYB returned +1.7% and SHYG +2.1%.
Which is cheaper, BHYB or SHYG?
BHYB is cheaper, by 0.10 percentage points a year. That is about $10 on $10,000 held for a year. Fees come from each fund's prospectus.
Cite this pageCitation, APA and Markdown

ETFIQ, BHYB against SHYG, data as of Oct 20, 2026. https://etfiq.com/compare/any/bhyb-vs-shyg

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.