Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
HYG vs IWC: how they differ
HYG and IWC hold 0% of their weight in the same names, and IWC returned more over the year.
iShares iBoxx $ High Yield Corporate Bond ETF and iShares Micro-Cap ETF.
What they hold in common
By the books each fund has filed, HYG and IWC hold 0% of their money in the same securities at the same weight.
| Only in HYG | Only in IWC |
|---|---|
| BLK CSH FND TREASURY SL AGENCY 0.68% | CAREDX 0.61% |
| 1261229 BC LTD 144A 0.56% | SELLAS LIFE SCIENCES GROUP INC 0.60% |
| MERIDIAN ARC HOLDCO LLC 144A 0.47% | NURIX THERAPEUTICS 0.59% |
| PR RNO PROPERTY OWNER 1 LLC 144A 0.35% | PENGUIN SOLUTIONS INC 0.58% |
| WULF COMPUTE LLC 144A 0.29% | OUSTER 0.52% |
| GALAXY HELIOS DATA CENTERS II LLC 144A 0.28% | VIRIDIAN THERAPEUTICS ORS 0.48% |
| PANTHER ESCROW ISSUER LLC 144A 0.28% | INTERFACE 0.47% |
| SV RNO PROPERTY OWNER 1 LLC 144A 0.28% | MBX BIOSCIENCES 0.45% |
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.
| HYG iShares iBoxx $ High Yield Corporate Bond ETF | IWC iShares Micro-Cap ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | US high yield bonds | Russell Microcap |
| Total return, 1 year | +2.9% | +31.3% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −14.6 pts | +13.8 pts |
| Expense ratio | 0.49% | not published |
| Holdings | 1326 | 1252 |
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.
IWC in plain words
IWC is an index equity fund tracking the Russell Microcap. Over the year to Sep 11, 2026 it returned +31.3% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. By its holdings filed for Sep 10, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 1252 positions, with the top ten at 5.1%. It sat 5.0% below its high of Aug 14, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, HYG or IWC?
- In the year to Sep 13, 2026, with distributions reinvested, HYG returned +2.9% and IWC returned +31.3%, so IWC returned more. One year is one year; the longer windows are in the table.
Other comparisons
Where to next
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.
Cite this page. ETFIQ, HYG against IWC, data as of Sep 13, 2026. https://etfiq.com/compare/any/hyg-vs-iwc Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources