Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
HYG vs SCHP: how they differ
HYG and SCHP hold 0% of their weight in the same names, and HYG returned more over the year.
iShares iBoxx $ High Yield Corporate Bond ETF and Schwab U.S. TIPS ETF.
What they hold in common
By the books each fund has filed, HYG and SCHP hold 0% of their money in the same securities at the same weight.
| Only in HYG | Only in SCHP |
|---|---|
| BLK CSH FND TREASURY SL AGENCY 0.68% | United States Treasury 4.09% |
| 1261229 BC LTD 144A 0.56% | United States Treasury 4.03% |
| MERIDIAN ARC HOLDCO LLC 144A 0.47% | United States Treasury 4.02% |
| PR RNO PROPERTY OWNER 1 LLC 144A 0.35% | United States Treasury 3.79% |
| WULF COMPUTE LLC 144A 0.29% | United States Treasury 3.62% |
| GALAXY HELIOS DATA CENTERS II LLC 144A 0.28% | United States Treasury 3.42% |
| PANTHER ESCROW ISSUER LLC 144A 0.28% | United States Treasury 3.39% |
| SV RNO PROPERTY OWNER 1 LLC 144A 0.28% | United States Treasury 3.38% |
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 Jun 30, 2026 and Sep 10, 2026.
| HYG iShares iBoxx $ High Yield Corporate Bond ETF | SCHP Schwab U.S. TIPS ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | Schwab |
| What it is | US high yield bonds | US TIPS |
| Total return, 1 year | +2.9% | −0.8% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −14.6 pts | −18.4 pts |
| Expense ratio | 0.49% | 0.03% |
| Holdings | 1326 | 48 |
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.
SCHP in plain words
SCHP is a bond fund tracking the US TIPS. Over the year to Sep 11, 2026 it returned −0.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. 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 Sep 13, 2026, with distributions reinvested, HYG returned +2.9% and SCHP returned −0.8%, so HYG returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, HYG or SCHP?
- HYG charges 0.49% a year and SCHP charges 0.03%, so SCHP is cheaper. Fees come from each fund's prospectus.
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 SCHP, data as of Sep 13, 2026. https://etfiq.com/compare/any/hyg-vs-schp Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources