Which returned more over the last year, FLHY or HYLB?

In the year to Oct 20, 2026, with distributions reinvested, FLHY returned +2.0% and HYLB +1.2%.

Which is cheaper, FLHY or HYLB?

HYLB is cheaper, by 0.35 percentage points a year. That is about $35 on $10,000 held for a year. Fees come from each fund's prospectus.

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FLHY vs HYLB: Differences, Returns & Fees

FLHY's duration was 3.1 years on Jun 30, 2026 and HYLB's 2.9 on May 29, 2026; HYLB charges 0.05% to FLHY's 0.40%. Net assets: $1.2bn on Oct 20, 2026 for Franklin High Yield Corporate ETF, and $3.2bn on Oct 19, 2026 for Xtrackers USD High Yield Corporate Bond ETF.

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Answers cite the figures on this page.

HYLB costs 0.35 points a year less; their one-year returns differ by 0.8 points; HYLB is 2.6 times larger.

FLHY vs HYLB: Differences, Returns & Fees
	FLHY	HYLB
Expense ratio	0.40%	0.05%
Net assets, as of Oct 19, 2026	$1.2bn	$3.2bn
Total return, 1 year	+2.0%	+1.2%
What it tracks	No index, actively managed	Solactive USD High Yield Corporates Total Market Index
Holdings in common	17%

Holdings in common uses holdings dated May 29, 2026 and Jun 30, 2026.

+2.0%

FLHY total return, 1 year

+1.2%

HYLB total return, 1 year

0.40%

FLHY expense ratio

0.05%

HYLB expense ratio

Client brief · page 1 of 2Report BR-D15DABD40F

FLHY and HYLB 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 HYLB follows Solactive USD High Yield Corporates Total Market Index.
Holdings in common. 17% of the weight is in the same securities (holdings dated Jun 30, 2026 and May 29, 2026).
Number of holdings. FLHY holds 289 positions and HYLB holds 1277.

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 HYLB hold 17% of their money in the same securities at the same weight. Holdings dated May 29, 2026 and Jun 30, 2026.

50%

half

17% in common

Positions both hold, largest shared weight first

Holding FLHY HYLB

TRACTD 6.5 05/01/31 144A, due May 1, 2031 0.43% 0.40%

ASUCOR 8 12/31/32 144A, due Dec 31, 2032 0.36% 0.30%

VENLNG 9.5 02/01/29 144A, due Feb 1, 2029 0.59% 0.28%

CCL 5.75 08/01/32 144A, due Aug 1, 2032 0.32% 0.26%

EA 7.25 07/01/33 144A, due Jul 1, 2033 0.31% 0.26%

ASUCOR 8.375 02/01/34 144A, due Feb 1, 2034 0.24% 0.28%

DVA 4.625 06/01/30 144A, due Jun 1, 2030 0.93% 0.23%

EA 8.75 07/01/34 144A, due Jul 1, 2034 0.41% 0.23%

CHTR 4.5 08/15/30 144A, due Aug 15, 2030 0.47% 0.22%

NLSN 9.29 04/15/29 144A, due Apr 15, 2029 0.22% 0.23%

TLN 6.375 05/01/33 144A, due May 1, 2033 0.48% 0.21%

NRG 6 01/15/36 144A, due Jan 15, 2036 0.46% 0.21%

Only in FLHY

SKX 10 07/15/33 144a, due Jul 15, 2033 0.87%

THS 7.75 02/11/33 144A, due Feb 11, 2033 0.85%

APLD 9.25 12/15/30 144A, due Dec 15, 2030 0.83%

KEDRIM 6.5 09/01/29 144A, due Sep 1, 2029 0.81%

EBIDCO 7.5 02/15/32 XR, due Feb 15, 2032 0.80%

ICECR 6 08/01/32 144a, due Aug 1, 2032 0.80%

LEEREN 4.25 07/01/29 144A, due Jul 1, 2029 0.79%

AKTGHL 7.5 05/15/33 144A, due May 15, 2033 0.73%

Only in HYLB

BHCCN 10 04/15/32 144A, due Apr 15, 2032 0.53%

SATS 10.75 11/30/29 ., due Nov 30, 2029 0.51%

TIBX 6.5 03/31/29 144A, due Mar 31, 2029 0.35%

TIBX 9 09/30/29 144A, due Sep 30, 2029 0.33%

DISH 11.75 11/15/27 144A, due Nov 15, 2027 0.32%

NXST 6.5 09/15/33 144A, due Sep 15, 2033 0.29%

HBGCN 7.25 06/15/30 144A, due Jun 15, 2030 0.29%

TIHLLC 7.125 06/01/31 144A, due Jun 1, 2031 0.28%

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On the same fields

FLHY

Franklin High Yield Corporate ETF

HYLB

Xtrackers USD High Yield Corporate Bond ETF

Where it sits Bond ETF Bond ETF

Issuer Franklin Xtrackers

What it is Actively managed Tracks an index

Total return, 1 year +2.0% +1.2%

Its benchmark over the same days +1.2% (USHY) −1.6% (IUSB)

Gap to its benchmark +0.8 pts vs USHY +2.8 pts vs IUSB

Expense ratio 0.40% 0.05%

Holdings 289 1277

Net assets, FLHY as of Oct 20, 2026 and HYLB as of Oct 19, 2026 $1.2bn $3.2bn

FLHY and HYLB 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 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, FLHY or HYLB?: In the year to Oct 20, 2026, with distributions reinvested, FLHY returned +2.0% and HYLB +1.2%.
Which is cheaper, FLHY or HYLB?: HYLB is cheaper, by 0.35 percentage points a year. That is about $35 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

FLHY vs SCYB FLHY vs SJNK FLHY vs JPHY FLHY vs NHYB HFSI vs HYLB HYLB vs SHYG HYLB vs SPHY HYLB vs USHY

FLHY on its own →HYLB on its own →Hold both: look the portfolio through →Rankings →FLHY dividend history →FLHY holdings →HYLB dividend history →HYLB holdings →Standards and sources →

Where these figures came from

FLHY filings on SEC EDGAR ↗FLHY prospectus with the expense ratio (SEC) ↗Franklin website ↗HYLB filings on SEC EDGAR ↗HYLB prospectus with the expense ratio (SEC) ↗Xtrackers website ↗

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 HYLB, data as of Oct 20, 2026. https://etfiq.com/compare/any/flhy-vs-hylb

Open data

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