FLHY vs HYDB: Differences, Returns & Fees
FLHY's duration was 3.1 years on Jun 30, 2026 and HYDB's 3.2 on May 31, 2026; HYDB charges 0.35% to FLHY's 0.40%. Net assets on Oct 20, 2026: $1.2bn for Franklin High Yield Corporate ETF and $1.5bn for iShares High Yield Systematic Bond ETF.
HYDB costs 0.05 points a year less; their one-year returns differ by 1.7 points; HYDB is 1.2 times larger.
| FLHY | HYDB | |
|---|---|---|
| Expense ratio | 0.40% | 0.35% |
| Net assets | $1.2bn | $1.5bn |
| Total return, 1 year | +2.0% | +0.3% |
| What it tracks | No index, actively managed | BlackRock High Yield Systematic Bond Index |
| Holdings in common | 11% | |
| Below its high | 3.6%, high on Aug 25, 2026 | |
Holdings in common uses holdings dated May 31, 2026 and Jun 30, 2026.
FLHY and HYDB are built for the same job. How do they differ in cost, holdings and results?
- What each follows. FLHY follows No index, actively managed and HYDB follows BlackRock High Yield Systematic Bond Index.
- Holdings in common. 11% of the weight is in the same securities (holdings dated Jun 30, 2026 and May 31, 2026).
- One-year total return (similar). Over 1 year to Oct 20, 2026 FLHY returned +2.0% and HYDB +0.3% with distributions reinvested, a gap of 1.7 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, FLHY and HYDB hold 11% of their money in the same securities at the same weight. Holdings dated May 31, 2026 and Jun 30, 2026.
half
11% in common
On the same fields
FLHY and HYDB on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.
About FLHY
FLHY is actively managed and tracks no index. Over the year to Oct 20, 2026 it returned +2.0% with distributions reinvested, against +1.2% for its benchmark, the ICE BofA U.S. High Yield Constrained Index. The prospectus expense ratio is 0.40% a year.
About HYDB
HYDB tracks an index. Over the year to Oct 20, 2026 it returned +0.3% with distributions reinvested, against −1.6% for its benchmark, the Bloomberg U.S. Universal Index. The prospectus expense ratio is 0.35% a year. It sat 3.6% below its high of Aug 25, 2026 on Oct 20, 2026.
Questions people ask
- Which returned more over the last year, FLHY or HYDB?
- In the year to Oct 20, 2026, with distributions reinvested, FLHY returned +2.0% and HYDB +0.3%.
- Which is cheaper, FLHY or HYDB?
- HYDB 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.
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, FLHY against HYDB, data as of Oct 20, 2026. https://etfiq.com/compare/any/flhy-vs-hydb
ETFIQ. (Oct 20, 2026). FLHY against HYDB. Retrieved from https://etfiq.com/compare/any/flhy-vs-hydb
[FLHY against HYDB (ETFIQ, Oct 20, 2026)](https://etfiq.com/compare/any/flhy-vs-hydb)
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