HYDB vs JPHY: Differences, Returns & Fees
On May 31, 2026 HYDB's duration was 3.2 years and JPHY's 2.6; HYDB charges 0.35% to JPHY's 0.45%. Net assets on Oct 20, 2026: $1.5bn for iShares High Yield Systematic Bond ETF and $2.2bn for JPMorgan Active High Yield ETF.
HYDB costs 0.10 points a year less; their one-year returns differ by 1.8 points; JPHY is 1.5 times larger.
| HYDB | JPHY | |
|---|---|---|
| Expense ratio | 0.35% | 0.45% |
| Net assets | $1.5bn | $2.2bn |
| Total return, 1 year | +0.3% | +2.1% |
| What it tracks | BlackRock High Yield Systematic Bond Index | No index, actively managed |
| Holdings in common | 10% | |
| Below its high | 3.6%, high on Aug 25, 2026 | |
Holdings in common uses holdings dated May 31, 2026.
HYDB and JPHY are built for the same job. How do they differ in cost, holdings and results?
- What each follows. HYDB follows BlackRock High Yield Systematic Bond Index and JPHY follows No index, actively managed.
- Holdings in common. 10% of the weight is in the same securities (holdings dated May 31, 2026).
- Cost. HYDB charges 0.35% of assets a year and JPHY 0.45%, a gap of 0.10 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, HYDB and JPHY hold 10% of their money in the same securities at the same weight. Holdings dated May 31, 2026.
half
10% in common
On the same fields
HYDB and JPHY on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.
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.
About JPHY
JPHY is actively managed and tracks no index. Over the year to Oct 20, 2026 it returned +2.1% with distributions reinvested, against +1.2% for its benchmark, the ICE BofA US High Yield Constrained Index. The prospectus expense ratio is 0.45% a year.
Questions people ask
- Which returned more over the last year, HYDB or JPHY?
- In the year to Oct 20, 2026, with distributions reinvested, HYDB returned +0.3% and JPHY +2.1%.
- Which is cheaper, HYDB or JPHY?
- HYDB is cheaper, by 0.10 percentage points a year. That is about $10 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, HYDB against JPHY, data as of Oct 20, 2026. https://etfiq.com/compare/any/hydb-vs-jphy
ETFIQ. (Oct 20, 2026). HYDB against JPHY. Retrieved from https://etfiq.com/compare/any/hydb-vs-jphy
[HYDB against JPHY (ETFIQ, Oct 20, 2026)](https://etfiq.com/compare/any/hydb-vs-jphy)
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