Data as of Oct 28, 2026.
HYG vs HYGM: Differences, Returns & Fees
HYG and HYGM are measured over different days, and HYG charges 0.49% to HYGM's 0.79%.
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Net assets: $17.5bn on Oct 27, 2026 for iShares iBoxx $ High Yield Corporate Bond ETF, and $716,173 on Oct 28, 2026 for Amplify HYG High Yield 10% Target Income ETF.
Pair scorecard
HYG costs 0.30 points a year less.
| Measure | HYG | HYGM |
|---|---|---|
| Return | ||
| Total return, 1 year | +1.3% | not published |
| Cash paid, share of starting value, since Apr 21, 2026 | 4.1% | |
| Price change, since Apr 21, 2026 | fell 4.3% | |
| Latest payout, annualized | 10.1% | |
| Return of capital, issuer estimate | 37% of the Sep 30, 2026 payment | |
| Benchmark | ||
| What it tracks | Markit iBoxx USD Liquid High Yield Index | Benchmark: US high yield bonds, measured through HYG |
| Cost and size | ||
| Expense ratio | 0.49% | 0.79% |
| Net assets, as of Oct 23, 2026 | $16.6bn | $712,127 |
| Holdings | ||
| Holdings in common | 0% | |
Holdings in common uses holdings dated Oct 27, 2026 and Oct 28, 2026. Method
Risk and return
May 1, 2026 to Oct 23, 2026 · 25 weekly returnsHYGM returned more: −0.8% to −1.4%. HYGM fell slightly less at its worst: −2.4% to −2.7%.
Full scorecard
3 measures, with how each is measured Open ↓
| Measure | HYG | HYGM | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | −1.4% | −0.8% | HYGM | Price change plus distributions, reinvested. |
| Price return | −3.8% | −4.9% | HYG | Price change alone, distributions left out. |
| Risk | ||||
| Max drawdown | −2.7% | −2.4% | HYGM (slight) | Deepest fall from a high to the low after it. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 25 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, HYG and HYGM hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026 and Oct 28, 2026.
half
0% in common
Only in one fund ↓
Side by side
HYG and HYGM on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
No client brief for this pair: ETFIQ prints no one-year total return for HYGM.
HYG
HYG tracks an index of US high yield bonds. Over the year to Oct 28, 2026 it returned +1.3% with distributions reinvested, against −1.2% for its benchmark, the Bloomberg U.S. Universal Index. The prospectus expense ratio is 0.49% a year.
HYGM
Over the period from its first trade on Apr 21, 2026 to Oct 28, 2026, HYGM paid 4.1% of its starting value in cash distributions while its price fell 4.3%. With every distribution reinvested, the fund returned −0.2%. US high yield bonds (HYG) returned −0.5% over the same days, so a holder was about even. At its price on Oct 28, 2026 the latest distribution annualizes to 10.1%, paid monthly. Amplify estimates that 37% of the distribution paid Sep 30, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
Questions people ask
- Are HYG and HYGM in the same category?
- HYG is a bond ETF and HYGM is an option-income ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
- Which is cheaper, HYG or HYGM?
- HYG is cheaper, by 0.30 percentage points a year. That is about $30 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. 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, HYG against HYGM, data as of Oct 28, 2026. https://etfiq.com/compare/any/hyg-vs-hygm
ETFIQ. (Oct 28, 2026). HYG against HYGM. Retrieved from https://etfiq.com/compare/any/hyg-vs-hygm
[HYG against HYGM (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/hyg-vs-hygm)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.