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Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

HYG vs SHY: how they differ

HYG and SHY hold 0% of their weight in the same names, and HYG returned more over the year.

iShares iBoxx $ High Yield Corporate Bond ETF and iShares 1-3 Year Treasury Bond ETF.

What they hold in common

By the books each fund has filed, HYG and SHY hold 0% of their money in the same securities at the same weight.

Positions HYG and SHY both hold, largest shared weight first
HoldingHYGSHY
BLK CSH FND TREASURY SL AGENCY0.68%0.26%
Largest positions each one holds and the other does not
Only in HYGOnly in SHY
1261229 BC LTD 144A 0.56%USD CASH 0.88%
MERIDIAN ARC HOLDCO LLC 144A 0.47%TREASURY NOTE (2OLD) 0.80%
PR RNO PROPERTY OWNER 1 LLC 144A 0.35%TREASURY NOTE (OLD) 0.76%
WULF COMPUTE LLC 144A 0.29%TREASURY NOTE (OTR) 0.58%
GALAXY HELIOS DATA CENTERS II LLC 144A 0.28%TREASURY NOTE 0.06%
PANTHER ESCROW ISSUER LLC 144A 0.28%
SV RNO PROPERTY OWNER 1 LLC 144A 0.28%
CORE SCIENTIFIC FINANCE I LLC 144A 0.27%

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 and SHY on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
HYG
iShares iBoxx $ High Yield Corporate Bond ETF
SHY
iShares 1-3 Year Treasury Bond ETF
Where it sitsCore index fundCore index fund
IssueriSharesiShares
What it isUS high yield bonds1-3 Year Treasury Bond
Total return, 1 year+2.9%+1.7%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−14.6 pts−15.8 pts
Expense ratio0.49%0.15%
Holdings132693

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.

SHY in plain words

SHY is a bond fund tracking the 1-3 Year Treasury Bond. Over the year to Sep 11, 2026 it returned +1.7% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year.

Questions people ask

Which returned more over the last year, HYG or SHY?
In the year to Sep 13, 2026, with distributions reinvested, HYG returned +2.9% and SHY returned +1.7%, so HYG returned more. One year is one year; the longer windows are in the table.
Which is cheaper, HYG or SHY?
HYG charges 0.49% a year and SHY charges 0.15%, so SHY is cheaper. Fees come from each fund's prospectus.

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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.

HYG against SHY, ETFIQ, data as of Sep 13, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, HYG against SHY, data as of Sep 13, 2026. https://etfiq.com/compare/any/hyg-vs-shy Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources