Which returned more over the last year, HYG or SCHP?

In the year to Oct 28, 2026, with distributions reinvested, HYG returned +1.3% and SCHP −0.8%.

Which is cheaper, HYG or SCHP?

SCHP is cheaper, by 0.46 percentage points a year. That is about $46 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

HYG vs SCHP: Differences, Returns & Fees

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HYG's duration was 2.9 years on Aug 31, 2026 and SCHP's 6.3 on Jun 30, 2026; SCHP charges 0.03% to HYG's 0.49%.

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Net assets: $17.5bn on Oct 27, 2026 for iShares iBoxx $ High Yield Corporate Bond ETF, and $16.5bn on Jun 30, 2026 for Schwab U.S. TIPS ETF.

HYG on its own →SCHP on its own →

At a glance

+1.3%

HYG total return, 1 year

−0.8%

SCHP total return, 1 year

0.49%

HYG expense ratio

0.03%

SCHP expense ratio

Pair scorecard

SCHP costs 0.46 points a year less; their one-year returns differ by 2.1 points.

HYG vs SCHP: Differences, Returns & Fees
Measure	HYG	SCHP
Return
Measure	HYG	SCHP
Total return, 1 year	+1.3%	−0.8%
Benchmark
Measure	HYG	SCHP
What it tracks	Markit iBoxx USD Liquid High Yield Index	US TIPS
Cost and size
Measure	HYG	SCHP
Expense ratio	0.49%	0.03%
Net assets, HYG as of Oct 27, 2026 and SCHP as of Jun 30, 2026	$17.5bn	$16.5bn
Holdings
Measure	HYG	SCHP
Holdings in common	0%

Holdings in common uses holdings dated Jun 30, 2026 and Aug 31, 2026. Method

What they share

By the books each fund has filed, HYG and SCHP hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Aug 31, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first HYG SCHP

Only in one fund ↓

Only in HYG

1261229 BC Ltd, due Apr 15, 2032 0.50%

Meridian Arc Holdco LLC, due Apr 30, 2031 0.45%

EchoStar Corp, due Nov 30, 2029 0.43%

PR RNO Property Owner 1 LLC, due May 1, 2031 0.34%

Quikrete Holdings Inc, due Mar 1, 2032 0.32%

Cloud Software Group LLC, due Mar 31, 2029 0.32%

Cloud Software Group LLC, due Sep 30, 2029 0.32%

Galaxy Helios Data Centers II LLC, due Aug 1, 2031 0.30%

Only in SCHP

U.S. Treasury Inflation-Indexed Notes, due Jul 15, 2035 4.07%

U.S. Treasury Inflation-Indexed Notes, due Jan 15, 2035 4.01%

U.S. Treasury Inflation-Indexed Notes, due Jan 15, 2036 4.00%

U.S. Treasury Inflation-Indexed Notes, due Jul 15, 2034 3.77%

U.S. Treasury Inflation-Indexed Notes, due Jan 15, 2034 3.60%

U.S. Treasury Inflation-Indexed Notes, due Oct 15, 2030 3.40%

U.S. Treasury Inflation-Indexed Notes, due Apr 15, 2030 3.38%

U.S. Treasury Inflation-Indexed Notes, due Jan 15, 2033 3.36%

Check overlap with more funds →

Side by side

HYG iShares iBoxx $ High Yield Corporate Bond ETF SCHP Schwab U.S. TIPS ETF

Where it sits Bond ETF Bond ETF

Issuer iShares Schwab

What it is Tracks an index of US high yield bonds Tracks an index of US TIPS

Total return, 1 year +1.3% −0.8%

Its benchmark over the same days −1.2% (IUSB) −1.4% (AGG)

Gap to its benchmark +2.5 pts vs IUSB +0.6 pts vs AGG

Expense ratio 0.49% 0.03%

Holdings 1332 48

Net assets, HYG as of Oct 27, 2026 and SCHP as of Jun 30, 2026 $17.5bn $16.5bn

HYG and SCHP on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Alert

About each fund

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.

SCHP

SCHP tracks an index of US TIPS. Over the year to Oct 28, 2026 it returned −0.8% with distributions reinvested, against −1.4% for its benchmark, the Bloomberg US Aggregate Bond Index. The prospectus expense ratio is 0.03% a year.

Questions people ask

Which returned more over the last year, HYG or SCHP?: In the year to Oct 28, 2026, with distributions reinvested, HYG returned +1.3% and SCHP −0.8%.
Which is cheaper, HYG or SCHP?: SCHP is cheaper, by 0.46 percentage points a year. That is about $46 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

HYG vs TIP HYG vs IEI HYG vs VTIP HYG vs PFF SCHP vs USHY JNK vs SCHP JAAA vs SCHP SCHP vs USFR

Where to next

HYG on its own →SCHP on its own →Hold both: look the portfolio through →Rankings →HYG dividend history →HYG holdings →SCHP dividend history →SCHP holdings →Standards and sources →

Sources and dates

HYG filings on SEC EDGAR ↗

HYG prospectus with the expense ratio (SEC) ↗

iShares page for HYG ↗

SCHP filings on SEC EDGAR ↗

SCHP prospectus with the expense ratio (SEC) ↗

Schwab website ↗

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 SCHP, data as of Oct 28, 2026. https://etfiq.com/compare/any/hyg-vs-schp

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.