Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
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.
| Holding | HYG | SHY |
|---|---|---|
| BLK CSH FND TREASURY SL AGENCY | 0.68% | 0.26% |
| Only in HYG | Only 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 iShares iBoxx $ High Yield Corporate Bond ETF | SHY iShares 1-3 Year Treasury Bond ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | US high yield bonds | 1-3 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 ratio | 0.49% | 0.15% |
| Holdings | 1326 | 93 |
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.
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 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