Data as of Oct 28, 2026.

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BINC vs HYG: Differences, Returns & Fees

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BINC's duration was 2.9 years on Jul 31, 2026 and HYG's 2.9 on Aug 31, 2026; BINC charges 0.40% to HYG's 0.49%.

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Net assets on Oct 27, 2026: $16.8bn for iShares Flexible Income Active ETF and $17.5bn for iShares iBoxx $ High Yield Corporate Bond ETF.

At a glance
+0.5%
BINC total return, 1 year
+1.3%
HYG total return, 1 year
0.40%
BINC expense ratio
0.49%
HYG expense ratio

Pair scorecard

BINC costs 0.09 points a year less; their one-year returns differ by 0.8 points.

BINC vs HYG: Differences, Returns & Fees
MeasureBINCHYG
Return
Total return, 1 year+0.5%+1.3%
Benchmark
What it tracksNo index, actively managedMarkit iBoxx USD Liquid High Yield Index
Cost and size
Expense ratio0.40%0.49%
Net assets, as of Oct 27, 2026$16.8bn$17.5bn
Holdings
Holdings in common13%
In the S&P 500, by weight0%
Top ten holdings, share of the fund24.6%

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

Risk and return

Jun 2, 2023 to Oct 23, 2026 · 177 weekly returns
BINC HYG
Return
Total return edge HYG +21.3% +25.8%
Annualized edge HYG +5.8% +7.0%
Price return edge HYG +0.2% +3.3%
Risk
Volatility edge BINC 3.1% 4.8%
Max drawdown edge BINC −2.7% −3.7%
Risk-adjusted
Sharpe edge HYG 0.37 0.48
Sortino edge HYG 0.57 0.77
Calmar edge BINC 2.20 1.90
Reading

HYG returned more: +25.8% to +21.3%. BINC swung less: 3.1% to 4.8%. BINC fell less at its worst: −2.7% to −3.7%.

Full scorecard

9 measures, with how each is measured
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Risk and return: BINC vs HYG: Differences, Returns & Fees
MeasureBINCHYGEdgeHow it is measured
Return
Total return+21.3%+25.8%HYGPrice change plus distributions, reinvested.
Annualized+5.8%+7.0%HYGTotal return as a yearly rate.
Price return+0.2%+3.3%HYGPrice change alone, distributions left out.
Risk
Volatility3.1%4.8%BINCSpread of weekly returns, annualized. Lower is steadier.
Downside deviation2.0%3.0%BINCLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−2.7%−3.7%BINCDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.370.48HYGReturn above Treasury bills per unit of volatility.
Sortino0.570.77HYGReturn above Treasury bills per unit of downside deviation.
Calmar2.201.90BINCAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 177 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

13%

By the books each fund has filed, BINC and HYG hold 13% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Aug 31, 2026.

0 half 100%

half

13% in common

Positions both hold · largest shared weight first BINC HYG
TransDigm Inc, due Aug 15, 2028 0.11% 0.17%
CHS/Community Health Systems Inc, due Jan 15, 2034 0.09% 0.15%
Meridian Arc Holdco LLC, due Apr 30, 2031 0.07% 0.45%
CoreWeave Inc, due Oct 1, 2031 0.06% 0.19%
EchoStar Corp, due Nov 30, 2030 0.06% 0.18%
Windstream Services LLC / Windstream Escrow Finance Corp, due Oct 1, 2031 0.06% 0.20%
Cloud Software Group LLC, due Sep 30, 2029 0.06% 0.32%
HUB International Ltd, due Jun 15, 2030 0.06% 0.29%
Venture Global LNG Inc, due Feb 1, 2029 0.06% 0.26%
Mauser Packaging Solutions Holding Co, due Apr 15, 2030 0.06% 0.10%
United Rentals North America Inc, due Jan 15, 2028 0.06% 0.13%
Gray Media Inc, due Jul 15, 2032 0.06% 0.09%
Only in one fund ↓
Only in BINC
Uniform Mortgage-Backed Security, TBA, due Aug 1, 2056 6.83%
Uniform Mortgage-Backed Security, TBA, due Sep 1, 2056 3.48%
Uniform Mortgage-Backed Security, TBA, due Aug 1, 2056 2.35%
Uniform Mortgage-Backed Security, TBA, due Aug 1, 2056 1.57%
iShares iBoxx USD High Yield Corporate Bond ETF 1.46%
Italy Buoni Poliennali Del Tesoro, due Feb 1, 2031 1.32%
Uniform Mortgage-Backed Security, TBA, due Aug 1, 2056 1.10%
iShares iBoxx USD Investment Grade Corporate Bond ETF 1.06%
Only in HYG
1261229 BC Ltd, due Apr 15, 2032 0.50%
Galaxy Helios Data Centers II LLC, due Aug 1, 2031 0.30%
Asurion LLC/ Asurion Co-Issuer Inc, due Dec 31, 2032 0.29%
Asurion LLC/ Asurion Co-Issuer Inc, due Feb 1, 2034 0.24%
MPT Operating Partnership LP / MPT Finance Corp, due Feb 15, 2032 0.23%
DISH DBS Corp, due Dec 1, 2028 0.22%
Discovery Global Holdings Inc, due Mar 15, 2032 0.22%
Neptune Bidco US Inc, due Apr 15, 2029 0.21%
Check overlap with more funds →

Side by side

BINC iShares Flexible Income Active ETF HYG iShares iBoxx $ High Yield Corporate Bond ETF
Where it sits Bond ETF Bond ETF
What it is Actively managed Tracks an index of US high yield bonds
Total return, 1 year +0.5% +1.3%
Its benchmark over the same days not measured −1.2% (IUSB)
Gap to its benchmark not measured +2.5 pts vs IUSB
Expense ratio 0.40% 0.49%
Holdings 4690 1332
Net assets, as of Oct 27, 2026 $16.8bn $17.5bn

BINC and HYG on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-32EB1FFA98

BINC and HYG do different jobs. What does each one do in a portfolio?

  1. What each follows. BINC follows No index, actively managed and HYG follows Markit iBoxx USD Liquid High Yield Index.
  2. Holdings in common. 13% of the weight is in the same securities (holdings dated Jul 31, 2026 and Aug 31, 2026).
  3. Number of holdings. BINC holds 4,690 positions and HYG holds 1332.

Data as of Oct 28, 2026.

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About each fund
BINC

BINC is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +0.5% with distributions reinvested. The prospectus expense ratio is 0.40% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 4,690 positions, with the top ten at 24.6%.

HYG

HYG tracks an index of US high yield bonds. Over the year to Oct 28, 2026 it returned +1.3% with distributions reinvested, against −1.2% for its benchmark, the Bloomberg U.S. Universal Index. The prospectus expense ratio is 0.49% a year.

Questions people ask

Which returned more over the last year, BINC or HYG?
In the year to Oct 28, 2026, with distributions reinvested, BINC returned +0.5% and HYG +1.3%.
Which is cheaper, BINC or HYG?
BINC is cheaper, by 0.09 percentage points a year. That is about $9 on $10,000 held for a year. Fees come from each fund's prospectus.
Other comparisons
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ETFIQ, BINC against HYG, data as of Oct 28, 2026. https://etfiq.com/compare/any/binc-vs-hyg

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