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Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

GARP vs HYG: how they differ

GARP and HYG hold 0% of their weight in the same names, and GARP returned more over the year.

iShares MSCI USA Quality GARP ETF and iShares iBoxx $ High Yield Corporate Bond ETF.

What they hold in common

By the books each fund has filed, GARP and HYG hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in GARPOnly in HYG
APPLE 5.23%BLK CSH FND TREASURY SL AGENCY 0.68%
MICROSOFT 5.16%1261229 BC LTD 144A 0.56%
NVIDIA 5.09%MERIDIAN ARC HOLDCO LLC 144A 0.47%
META PLATFORMS CLASS A 4.81%PR RNO PROPERTY OWNER 1 LLC 144A 0.35%
MICRON TECHNOLOGY 4.76%WULF COMPUTE LLC 144A 0.29%
VISA CLASS A 4.60%GALAXY HELIOS DATA CENTERS II LLC 144A 0.28%
LAM RESEARCH 4.02%PANTHER ESCROW ISSUER LLC 144A 0.28%
CATERPILLAR INC 3.65%SV RNO PROPERTY OWNER 1 LLC 144A 0.28%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 10, 2026.

GARP and HYG on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
GARP
iShares MSCI USA Quality GARP ETF
HYG
iShares iBoxx $ High Yield Corporate Bond ETF
Where it sitsCore index fundCore index fund
IssueriSharesiShares
What it isMSCI USA Quality GARPUS high yield bonds
Total return, 1 year+29.5%+2.9%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+12.0 pts−14.6 pts
Expense ratio0.15%0.49%
Holdings1331326

GARP in plain words

GARP is an index equity fund tracking the MSCI USA Quality GARP. Over the year to Sep 11, 2026 it returned +29.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Sep 10, 2026, 94% of the fund by weight is stocks the S&P 500 also holds, across 133 positions, with the top ten at 43.2%.

HYG in plain words

HYG is a bond fund tracking the US high yield bonds. Over the year to Sep 11, 2026 it returned +2.9% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.49% a year.

Questions people ask

Which returned more over the last year, GARP or HYG?
In the year to Sep 13, 2026, with distributions reinvested, GARP returned +29.5% and HYG returned +2.9%, so GARP returned more. One year is one year; the longer windows are in the table.
Which is cheaper, GARP or HYG?
GARP charges 0.15% a year and HYG charges 0.49%, so GARP is cheaper. Fees come from each fund's prospectus.

Other comparisons

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Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

GARP against HYG, ETFIQ, data as of Sep 13, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, GARP against HYG, data as of Sep 13, 2026. https://etfiq.com/compare/any/garp-vs-hyg Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources