Data as of Oct 28, 2026.
BINC vs USHY: Differences, Returns & Fees
On Jul 31, 2026 BINC's duration was 2.9 years and USHY's 3.0; USHY charges 0.08% to BINC's 0.40%.
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Net assets on Oct 27, 2026: $16.8bn for iShares Flexible Income Active ETF and $26.3bn for iShares Broad USD High Yield Corporate Bond ETF.
Pair scorecard
USHY costs 0.32 points a year less; their one-year returns differ by 1.2 points; USHY is 1.6 times larger.
| Measure | BINC | USHY |
|---|---|---|
| Return | ||
| Total return, 1 year | +0.5% | +1.7% |
| Benchmark | ||
| What it tracks | No index, actively managed | ICE BofA US High Yield Constrained Index |
| Cost and size | ||
| Expense ratio | 0.40% | 0.08% |
| Net assets, as of Oct 27, 2026 | $16.8bn | $26.3bn |
| Holdings | ||
| Holdings in common | 13% | |
| In the S&P 500, by weight | 0% | |
| Top ten holdings, share of the fund | 24.6% | |
Holdings in common uses holdings dated Jul 31, 2026. Method
Risk and return
Jun 2, 2023 to Oct 23, 2026 · 177 weekly returnsUSHY returned more: +27.7% to +21.3%. BINC swung less: 3.1% to 4.9%. BINC fell less at its worst: −2.7% to −3.6%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | BINC | USHY | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +21.3% | +27.7% | USHY | Price change plus distributions, reinvested. |
| Annualized | +5.8% | +7.5% | USHY | Total return as a yearly rate. |
| Price return | +0.2% | +1.7% | USHY | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 3.1% | 4.9% | BINC | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 2.0% | 3.0% | BINC | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −2.7% | −3.6% | BINC | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.37 | 0.57 | USHY | Return above Treasury bills per unit of volatility. |
| Sortino | 0.57 | 0.91 | USHY | Return above Treasury bills per unit of downside deviation. |
| Calmar | 2.20 | 2.06 | BINC (slight) | Annualized 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
By the books each fund has filed, BINC and USHY hold 13% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026.
half
13% in common
Only in one fund ↓
Side by side
BINC and USHY on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
BINC and USHY do different jobs. What does each one do in a portfolio?
- What each follows. BINC follows No index, actively managed and USHY follows ICE BofA US High Yield Constrained Index.
- Holdings in common. 13% of the weight is in the same securities (holdings dated Jul 31, 2026).
- Cost. BINC charges 0.40% of assets a year and USHY 0.08%, a gap of 0.32 points.
Data as of Oct 28, 2026.
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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%.
USHY
USHY tracks an index of Broad USD High Yield Corporate Bond. Over the year to Oct 28, 2026 it returned +1.7% with distributions reinvested, against +1.8% for its benchmark, the ICE BofA US High Yield Constrained Index, measured by the closely related ICE BofA US High Yield Index. The prospectus expense ratio is 0.08% a year.
Questions people ask
- Which returned more over the last year, BINC or USHY?
- In the year to Oct 28, 2026, with distributions reinvested, BINC returned +0.5% and USHY +1.7%.
- Which is cheaper, BINC or USHY?
- USHY is cheaper, by 0.32 percentage points a year. That is about $32 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
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ETFIQ, BINC against USHY, data as of Oct 28, 2026. https://etfiq.com/compare/any/binc-vs-ushy
ETFIQ. (Oct 28, 2026). BINC against USHY. Retrieved from https://etfiq.com/compare/any/binc-vs-ushy
[BINC against USHY (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/binc-vs-ushy)
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