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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

GOVT vs HYG: how they differ

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

iShares U.S. Treasury Bond ETF and iShares iBoxx $ High Yield Corporate Bond ETF.

What they hold in common

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

Positions GOVT and HYG both hold, largest shared weight first
HoldingGOVTHYG
BLK CSH FND TREASURY SL AGENCY0.11%0.68%
Largest positions each one holds and the other does not
Only in GOVTOnly in HYG
US TREASURY N/B 0.60%1261229 BC LTD 144A 0.56%
TREASURY NOTE (OTR) 0.55%MERIDIAN ARC HOLDCO LLC 144A 0.47%
TREASURY BOND (OLD) 0.42%PR RNO PROPERTY OWNER 1 LLC 144A 0.35%
TREASURY NOTE (2OLD) 0.25%WULF COMPUTE LLC 144A 0.29%
TREASURY BOND (OTR) 0.16%GALAXY HELIOS DATA CENTERS II LLC 144A 0.28%
TREASURY NOTE (OLD) 0.11%PANTHER ESCROW ISSUER LLC 144A 0.28%
TREASURY BOND (2OLD) 0.08%SV RNO PROPERTY OWNER 1 LLC 144A 0.28%
TREASURY STRIP (INT) 0.04%CORE SCIENTIFIC FINANCE I LLC 144A 0.27%

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.

GOVT and HYG on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
GOVT
iShares U.S. Treasury Bond ETF
HYG
iShares iBoxx $ High Yield Corporate Bond ETF
Where it sitsCore index fundCore index fund
IssueriSharesiShares
What it isU.S. Treasury BondUS high yield bonds
Total return, 1 year−1.0%+2.9%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−18.5 pts−14.6 pts
Expense ratio0.05%0.49%
Holdings2161326

GOVT in plain words

GOVT is a bond fund tracking the U.S. Treasury Bond. Over the year to Sep 11, 2026 it returned −1.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.05% a year. It sat 8.4% below its high of Aug 4, 2020 on Sep 11, 2026.

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, GOVT or HYG?
In the year to Sep 13, 2026, with distributions reinvested, GOVT returned −1.0% and HYG returned +2.9%, so HYG returned more. One year is one year; the longer windows are in the table.
Which is cheaper, GOVT or HYG?
GOVT charges 0.05% a year and HYG charges 0.49%, so GOVT 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.

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

A comparison is not a recommendation. Standards and sources