FALN vs HYLB: Differences, Returns & Fees
FALN's duration was 4.6 years on Jul 31, 2026 and HYLB's 2.9 on May 29, 2026; HYLB charges 0.05% to FALN's 0.25%. Net assets: $1.6bn on Oct 20, 2026 for iShares Fallen Angels USD Bond ETF, and $3.2bn on Oct 19, 2026 for Xtrackers USD High Yield Corporate Bond ETF.
HYLB costs 0.20 points a year less; their one-year returns differ by 2.0 points; HYLB is 2.0 times larger.
| FALN | HYLB | |
|---|---|---|
| Expense ratio | 0.25% | 0.05% |
| Net assets, as of Oct 19, 2026 | $1.6bn | $3.2bn |
| Total return, 1 year | −0.8% | +1.2% |
| What it tracks | Bloomberg US High Yield Fallen Angel 3% Capped Index | Solactive USD High Yield Corporates Total Market Index |
| Holdings in common | 4% | |
| Below its high | 4.4%, high on Aug 13, 2026 | |
Holdings in common uses holdings dated May 29, 2026 and Jul 31, 2026.
FALN and HYLB are built for the same job. How do they differ in cost, holdings and results?
- What each follows. FALN follows Bloomberg US High Yield Fallen Angel 3% Capped Index and HYLB follows Solactive USD High Yield Corporates Total Market Index.
- Holdings in common. 4% of the weight is in the same securities (holdings dated Jul 31, 2026 and May 29, 2026).
- One-year total return. Over 1 year to Oct 20, 2026 FALN returned −0.8% and HYLB +1.2% with distributions reinvested, a gap of 2.0 points.
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.
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What they hold in common
By the books each fund has filed, FALN and HYLB hold 4% of their money in the same securities at the same weight. Holdings dated May 29, 2026 and Jul 31, 2026.
half
4% in common
On the same fields
FALN and HYLB on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.
About FALN
FALN tracks an index. Over the year to Oct 20, 2026 it returned −0.8% with distributions reinvested, against −1.6% for its benchmark, the Bloomberg U.S. Universal Index. The prospectus expense ratio is 0.25% a year. It sat 4.4% below its high of Aug 13, 2026 on Oct 20, 2026.
About HYLB
HYLB tracks an index. Over the year to Oct 20, 2026 it returned +1.2% with distributions reinvested, against −1.6% for its benchmark, the Bloomberg U.S. Universal Bond Index. The prospectus expense ratio is 0.05% a year.
Questions people ask
- Which returned more over the last year, FALN or HYLB?
- In the year to Oct 20, 2026, with distributions reinvested, FALN returned −0.8% and HYLB +1.2%.
- Which is cheaper, FALN or HYLB?
- HYLB is cheaper, by 0.20 percentage points a year. That is about $20 on $10,000 held for a year. Fees come from each fund's prospectus.
ETFIQ links to the documents behind every figure; a link is not an endorsement. 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.
Cite this pageCitation, APA and Markdown
ETFIQ, FALN against HYLB, data as of Oct 20, 2026. https://etfiq.com/compare/any/faln-vs-hylb
ETFIQ. (Oct 20, 2026). FALN against HYLB. Retrieved from https://etfiq.com/compare/any/faln-vs-hylb
[FALN against HYLB (ETFIQ, Oct 20, 2026)](https://etfiq.com/compare/any/faln-vs-hylb)
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