Data as of Oct 28, 2026.

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HYG vs SDY: Differences, Returns & Fees

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Over the year to Oct 28, 2026, HYG returned +1.3% to SDY's +16.5%; 0% of their weight is in the same names.

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Net assets on Oct 27, 2026: $17.5bn for iShares iBoxx $ High Yield Corporate Bond ETF and $21.9bn for State Street SPDR S&P Dividend ETF.

At a glance
+1.3%
HYG total return, 1 year
+16.5%
SDY total return, 1 year
0.49%
HYG expense ratio
0.35%
SDY expense ratio

Pair scorecard

SDY costs 0.14 points a year less; their one-year returns differ by 15.2 points; SDY is 1.3 times larger.

HYG vs SDY: Differences, Returns & Fees
MeasureHYGSDY
Return
Total return, 1 year+1.3%+16.5%
Benchmark
What it tracksMarkit iBoxx USD Liquid High Yield IndexS&P High Yield Dividend Aristocrats Index
Cost and size
Expense ratio0.49%0.35%
Net assets, as of Oct 27, 2026$17.5bn$21.9bn
Holdings
Holdings in common0%
In the S&P 500, by weight84%
Top ten holdings, share of the fund20.4%

Holdings in common uses holdings dated Oct 27, 2026. Method

What they share

0%

By the books each fund has filed, HYG and SDY hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first HYG SDY
Only in one fund ↓
Only in HYG
1261229 BC LTD 144A 0.56%
MERIDIAN ARC HOLDCO LLC 144A 0.44%
ECHOSTAR CORP 0.40%
QUIKRETE HOLDINGS INC 144A 0.35%
PR RNO PROPERTY OWNER 1 LLC 144A 0.34%
CLOUD SOFTWARE GROUP LLC 144A 0.32%
SOFTBANK GROUP CORP 144A 0.32%
CENTENE CORPORATION 0.31%
Only in SDY
ACCENTURE PLC CL A 3.73%
VERIZON COMMUNICATIONS INC 2.81%
CHEVRON CORP 2.15%
REALTY INCOME CORP 1.94%
PEPSICO INC 1.82%
MEDTRONIC PLC 1.79%
TARGET CORP 1.59%
AUTOMATIC DATA PROCESSING 1.55%
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Side by side

HYG iShares iBoxx $ High Yield Corporate Bond ETF SDY State Street SPDR S&P Dividend ETF
Where it sits Bond ETF Stock ETF
What it is Tracks an index of US high yield bonds Tracks the S&P Dividend
Total return, 1 year +1.3% +16.5%
Its benchmark over the same days −1.2% (IUSB) not measured
Gap to its benchmark +2.5 pts vs IUSB not measured
Expense ratio 0.49% 0.35%
Holdings 1332 156
Net assets, as of Oct 27, 2026 $17.5bn $21.9bn

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

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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.

SDY

SDY tracks the S&P Dividend. Over the year to Oct 28, 2026 it returned +16.5% with distributions reinvested. The prospectus expense ratio is 0.35% a year. By its holdings published by its issuer for Oct 27, 2026, 84% of the fund by weight is stocks the S&P 500 also holds, across 156 positions, with the top ten at 20.4%.

Questions people ask

Which returned more over the last year, HYG or SDY?
In the year to Oct 28, 2026, with distributions reinvested, HYG returned +1.3% and SDY +16.5%.
Which is cheaper, HYG or SDY?
SDY is cheaper, by 0.14 percentage points a year. That is about $14 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, HYG against SDY, data as of Oct 28, 2026. https://etfiq.com/compare/any/hyg-vs-sdy

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