A
vs
B
Share
Compare their flowsAsk IQ about these two funds

FLHY vs SCYB: Differences, Returns & Fees

FLHY's duration was 3.1 years on Jun 30, 2026 and SCYB's 3.0 on May 31, 2026; SCYB charges 0.03% to FLHY's 0.40%. Net assets: $1.2bn on Oct 20, 2026 for Franklin High Yield Corporate ETF, and $2.5bn on May 31, 2026 for Schwab High Yield Bond ETF.

Ask IQ about this page

Ask IQ about FLHY and SCYB

Answers cite the figures on this page.

SCYB costs 0.37 points a year less; their one-year returns differ by 1.0 point.

FLHY vs SCYB: Differences, Returns & Fees
FLHYSCYB
Expense ratio0.40%0.03%
Net assets, FLHY as of Oct 20, 2026 and SCYB as of May 31, 2026$1.2bn$2.5bn
Total return, 1 year+2.0%+1.0%
What it tracksNo index, actively managednot read by ETFIQ
Holdings in common16%

Holdings in common uses holdings dated May 31, 2026 and Jun 30, 2026.

+2.0%
FLHY total return, 1 year
+1.0%
SCYB total return, 1 year
0.40%
FLHY expense ratio
0.03%
SCYB expense ratio

Get the week's ETF fund flows by email, every Monday.

Plus the Friday ETF note. Confirm from the link that arrives, and unsubscribe in one click. See Privacy.

Client brief · page 1 of 2Report BR-48223CE05E

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

  1. What each follows. FLHY follows No index, actively managed and SCYB follows not read by ETFIQ.
  2. Holdings in common. 16% of the weight is in the same securities (holdings dated Jun 30, 2026 and May 31, 2026).
  3. Number of holdings. FLHY holds 289 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.

Take this comparison to a client

The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.

Not advice. The brief uses the figures on this page, with the data date and a report id. Saved comparisons are listed on your saved page; privacy.

What they hold in common

By the books each fund has filed, FLHY and SCYB hold 16% of their money in the same securities at the same weight. Holdings dated May 31, 2026 and Jun 30, 2026.

half

16% in common

Positions both hold, largest shared weight first
Holding FLHY SCYB
TRACTC 5.875 03/01/31 144A, due Mar 1, 2031 0.52% 0.23%
ASUCOR 8 12/31/32 144A, due Dec 31, 2032 0.36% 0.22%
ASUCOR 8.375 02/01/34 144A, due Feb 1, 2034 0.24% 0.22%
VENLNG 9.5 02/01/29 144A, due Feb 1, 2029 0.59% 0.22%
WULF 7.75 10/15/30 144A, due Oct 15, 2030 0.55% 0.20%
CCL 5.75 08/01/32 144A, due Aug 1, 2032 0.32% 0.20%
EA 7.25 07/01/33 144A, due Jul 1, 2033 0.31% 0.19%
CHTR 4.5 08/15/30 144A, due Aug 15, 2030 0.47% 0.18%
EA 8.75 07/01/34 144A, due Jul 1, 2034 0.41% 0.18%
NLSN 9.29 04/15/29 144A, due Apr 15, 2029 0.22% 0.18%
DVA 4.625 06/01/30 144A, due Jun 1, 2030 0.93% 0.17%
VENLNG 8.375 06/01/31 144A, due Jun 1, 2031 0.23% 0.16%
Only in FLHY
SKX 10 07/15/33 144a, due Jul 15, 2033 0.87%
ECPG 6.625 06/01/32 144A, due Jun 1, 2032 0.74%
AKTGHL 7.5 05/15/33 144A, due May 15, 2033 0.73%
VST 7.75 10/15/31 144A, due Oct 15, 2031 0.65%
NEWARC 9.75 03/01/33 144A, due Mar 1, 2033 0.58%
FLTR 5.875 06/04/31 144A, due Jun 4, 2031 0.57%
STWD 6.125 06/01/31 144A, due Jun 1, 2031 0.54%
TOUCAN 9.5 05/15/30 144A, due May 15, 2030 0.49%
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%
Core Scientific Finance I LLC, due May 15, 2031 0.23%
Centene Corp, due Dec 15, 2029 0.22%
Cloud Software Group Inc, due Sep 30, 2029 0.21%
Discovery Global Holdings Inc, due Mar 15, 2042 0.21%

Check overlap with more funds →

On the same fields

FLHY
Franklin High Yield Corporate ETF
SCYB
Schwab High Yield Bond ETF
Where it sits Bond ETF Bond ETF
Issuer Franklin Schwab
What it is Actively managed Tracks an index
Total return, 1 year +2.0% +1.0%
Its benchmark over the same days +1.2% (USHY) −1.9% (AGG)
Gap to its benchmark +0.8 pts vs USHY +2.9 pts vs AGG
Expense ratio 0.40% 0.03%
Holdings 289 1833
Net assets, FLHY as of Oct 20, 2026 and SCYB as of May 31, 2026 $1.2bn $2.5bn

FLHY and SCYB 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 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, FLHY or SCYB?
In the year to Oct 20, 2026, with distributions reinvested, FLHY returned +2.0% and SCYB +1.0%.
Which is cheaper, FLHY or SCYB?
SCYB is cheaper, by 0.37 percentage points a year. That is about $37 on $10,000 held for a year. Fees come from each fund's prospectus.
Other comparisons
FLHY vs JPHYANGL vs FLHYFLHY vs HYLBFLHY vs NHYBHFSI vs SCYBSCYB vs SHYGSCYB vs SPHYHYG vs SCYB
FLHY on its own →SCYB on its own →Hold both: look the portfolio through →Rankings →FLHY dividend history →FLHY holdings →SCYB dividend history →SCYB holdings →Standards and sources →
Where these figures came from
FLHY filings on SEC EDGAR ↗FLHY prospectus with the expense ratio (SEC) ↗Franklin website ↗SCYB filings on SEC EDGAR ↗SCYB prospectus with the expense ratio (SEC) ↗Schwab 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 SCYB, data as of Oct 20, 2026. https://etfiq.com/compare/any/flhy-vs-scyb

Open data

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