FALN vs SCYB: Differences, Returns & Fees

FALN's duration was 4.6 years on Jul 31, 2026 and SCYB's 3.0 on May 31, 2026; SCYB charges 0.03% to FALN's 0.25%. Net assets: $1.6bn on Oct 20, 2026 for iShares Fallen Angels USD Bond ETF, and $2.5bn on May 31, 2026 for Schwab High Yield Bond ETF.

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Answers cite the figures on this page.

SCYB costs 0.22 points a year less; their one-year returns differ by 1.8 points; FALN is 2.3 times larger.

FALN vs SCYB: Differences, Returns & Fees
FALNSCYB
Expense ratio0.25%0.03%
Net assets, as of Feb 28, 2025$2.1bn$909m
Total return, 1 year−0.8%+1.0%
What it tracksBloomberg US High Yield Fallen Angel 3% Capped Indexnot read by ETFIQ
Holdings in common6%
Below its high4.4%, high on Aug 13, 2026

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

−0.8%
FALN total return, 1 year
+1.0%
SCYB total return, 1 year
0.25%
FALN expense ratio
0.03%
SCYB expense ratio

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Client brief · page 1 of 2Report BR-F30B49A186

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

  1. What each follows. FALN follows Bloomberg US High Yield Fallen Angel 3% Capped Index and SCYB follows not read by ETFIQ.
  2. Holdings in common. 6% of the weight is in the same securities (holdings dated Jul 31, 2026 and May 31, 2026).
  3. Number of holdings. FALN holds 156 positions and SCYB holds 1833.

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 SCYB hold 6% of their money in the same securities at the same weight. Holdings dated May 31, 2026 and Jul 31, 2026.

half

6% in common

Positions both hold, largest shared weight first
Holding FALN SCYB
Centene Corp, due Dec 15, 2029 0.76% 0.22%
Centene Corp, due Feb 15, 2030 0.43% 0.14%
Centene Corp, due Oct 15, 2030 0.45% 0.14%
Vodafone Group PLC, due Apr 4, 2079 2.98% 0.14%
Centene Corp, due Jul 15, 2028 0.50% 0.13%
Centene Corp, due Mar 1, 2031 0.43% 0.13%
Nissan Motor Co Ltd, due Sep 17, 2030 0.98% 0.13%
Nissan Motor Co Ltd, due Sep 17, 2027 1.04% 0.11%
Celanese US Holdings LLC, due Jul 15, 2032 0.61% 0.09%
Centene Corp, due Dec 15, 2027 0.18% 0.09%
Celanese US Holdings LLC, due Nov 15, 2033 0.62% 0.09%
Paramount Global, due Jan 15, 2031 0.36% 0.08%
Only in FALN
Resorts World Las Vegas LLC / RWLV Capital Inc, due Apr 16, 2029 1.89%
Huntsman International LLC, due May 1, 2029 1.53%
Buckeye Partners LP, due Dec 1, 2027 0.82%
Brandywine Operating Partnership LP, due Oct 1, 2029 0.69%
Hudson Pacific Properties LP, due Jan 15, 2030 0.69%
Constellation Insurance Inc, due Jan 24, 2030 0.68%
Yum! Brands Inc, due Nov 1, 2043 0.54%
Global Marine Inc, due Jun 1, 2028 0.52%
Only in SCYB
1261229 BC Ltd, due Apr 15, 2032 0.42%
Meridian Arc Holdco LLC, due Apr 30, 2031 0.36%
EchoStar Corp, due Nov 30, 2029 0.29%
Cloud Software Group Inc, due Mar 31, 2029 0.27%
Quikrete Holdings Inc, due Mar 1, 2032 0.24%
SV RNO Property Owner 1 LLC, due Mar 1, 2031 0.23%
Core Scientific Finance I LLC, due May 15, 2031 0.23%
Asurion LLC/ Asurion Co-Issuer Inc, due Dec 31, 2032 0.22%

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On the same fields

FALN
iShares Fallen Angels USD Bond ETF
SCYB
Schwab High Yield Bond ETF
Where it sits Bond ETF Bond ETF
What it is Tracks an index Tracks an index
Total return, 1 year −0.8% +1.0%
Its benchmark over the same days −1.6% (IUSB) −1.9% (AGG)
Gap to its benchmark +0.8 pts vs IUSB +2.9 pts vs AGG
Expense ratio 0.25% 0.03%
Holdings 156 1833
Net assets, FALN as of Oct 20, 2026 and SCYB as of May 31, 2026 $1.6bn $2.5bn

FALN and SCYB 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 SCYB

SCYB tracks an index. Over the year to Oct 20, 2026 it returned +1.0% with distributions reinvested, against −1.9% for its benchmark, the Bloomberg US Aggregate Bond Index. The prospectus expense ratio is 0.03% a year.

Questions people ask

Which returned more over the last year, FALN or SCYB?
In the year to Oct 20, 2026, with distributions reinvested, FALN returned −0.8% and SCYB +1.0%.
Which is cheaper, FALN or SCYB?
SCYB is cheaper, by 0.22 percentage points a year. That is about $22 on $10,000 held for a year. Fees come from each fund's prospectus.
Cite this pageCitation, APA and Markdown

ETFIQ, FALN against SCYB, data as of Oct 20, 2026. https://etfiq.com/compare/any/faln-vs-scyb

Open data

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