FALN vs SHYG: Differences, Returns & Fees
On Jul 31, 2026 FALN's duration was 4.6 years and SHYG's 2.1; FALN charges 0.25% to SHYG's 0.30%. Net assets on Oct 20, 2026: $1.6bn for iShares Fallen Angels USD Bond ETF and $7.6bn for iShares 0-5 Year High Yield Corporate Bond ETF.
FALN costs 0.05 points a year less; their one-year returns differ by 2.9 points; SHYG is 4.9 times larger.
| FALN | SHYG | |
|---|---|---|
| Expense ratio | 0.25% | 0.30% |
| Net assets | $1.6bn | $7.6bn |
| Total return, 1 year | −0.8% | +2.1% |
| What it tracks | Bloomberg US High Yield Fallen Angel 3% Capped Index | Markit iBoxx USD Liquid High Yield 0-5 Index |
| Holdings in common | 4% | |
| Below its high | 4.4%, high on Aug 13, 2026 | |
Holdings in common uses holdings dated Jul 31, 2026.
FALN and SHYG 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 SHYG follows Markit iBoxx USD Liquid High Yield 0-5 Index.
- Holdings in common. 4% of the weight is in the same securities (holdings dated Jul 31, 2026).
- One-year total return. Over 1 year to Oct 20, 2026 FALN returned −0.8% and SHYG +2.1% with distributions reinvested, a gap of 2.9 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 SHYG hold 4% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026.
half
4% in common
On the same fields
FALN and SHYG 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 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, FALN or SHYG?
- In the year to Oct 20, 2026, with distributions reinvested, FALN returned −0.8% and SHYG +2.1%.
- Which is cheaper, FALN or SHYG?
- FALN is cheaper, by 0.05 percentage points a year. That is about $5 on $10,000 held for a year. Fees come from each fund's prospectus.
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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 SHYG, data as of Oct 20, 2026. https://etfiq.com/compare/any/faln-vs-shyg
ETFIQ. (Oct 20, 2026). FALN against SHYG. Retrieved from https://etfiq.com/compare/any/faln-vs-shyg
[FALN against SHYG (ETFIQ, Oct 20, 2026)](https://etfiq.com/compare/any/faln-vs-shyg)
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