HYG vs SJNK: Differences, Returns & Fees

HYG's duration was 3.0 years on May 31, 2026 and SJNK's 2.3 on Jun 30, 2026; SJNK charges 0.40% to HYG's 0.49%. Net assets on Oct 20, 2026: $16.2bn for iShares iBoxx $ High Yield Corporate Bond ETF and $4.4bn for State Street SPDR Bloomberg Short Term High Yield Bond ETF.

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Answers cite the figures on this page.

SJNK costs 0.09 points a year less; their one-year returns differ by 0.5 points; HYG is 3.7 times larger.

HYG vs SJNK: Differences, Returns & Fees
HYGSJNK
Expense ratio0.49%0.40%
Net assets$16.2bn$4.4bn
Total return, 1 year+0.7%+1.2%
What it tracksMarkit iBoxx USD Liquid High Yield IndexBloomberg US High Yield 350mn Cash Pay 0-5 Yr 2% Capped Index
Holdings in common48%

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

+0.7%
HYG total return, 1 year
+1.2%
SJNK total return, 1 year
0.49%
HYG expense ratio
0.40%
SJNK expense ratio

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Client brief · page 1 of 2Report BR-7EF99C2ED3

HYG and SJNK are built for the same job. How do they differ in cost, holdings and results?

  1. What each follows. HYG follows Markit iBoxx USD Liquid High Yield Index and SJNK follows Bloomberg US High Yield 350mn Cash Pay 0-5 Yr 2% Capped Index.
  2. Holdings in common. 48% of the weight is in the same securities (holdings dated May 31, 2026 and Jun 30, 2026).
  3. Size. HYG has $16.2bn in net assets and SJNK $4.4bn (Net assets); HYG is 3.7 times larger.

Data as of Oct 20, 2026. The differences are picked by a fixed rule, in a fixed order; the PDF prints it. Page 2 has the returns, overlap, risks and sources.

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What they hold in common

By the books each fund has filed, HYG and SJNK hold 48% of their money in the same securities at the same weight. Holdings dated May 31, 2026 and Jun 30, 2026.

half

48% in common

Positions both hold, largest shared weight first
Holding HYG SJNK
EchoStar Corp, due Nov 30, 2029 0.44% 0.63%
Cloud Software Group Inc, due Sep 30, 2029 0.34% 0.43%
Cloud Software Group Inc, due Mar 31, 2029 0.33% 0.43%
DISH Network Corp, due Nov 15, 2027 0.32% 0.36%
SV RNO Property Owner 1 LLC, due Mar 1, 2031 0.30% 0.41%
HUB International Ltd, due Jun 15, 2030 0.29% 0.30%
Venture Global LNG Inc, due Feb 1, 2029 0.28% 0.44%
CRC Insurance Group LLC, due Jun 1, 2031 0.28% 0.34%
WULF Compute LLC, due Oct 15, 2030 0.26% 0.42%
PR RNO Property Owner 1 LLC, due May 1, 2031 0.26% 0.51%
EMRLD Borrower LP / Emerald Co-Issuer Inc, due Dec 15, 2030 0.26% 0.38%
Meridian Arc Holdco LLC, due Apr 30, 2031 0.26% 0.65%
Only in HYG
1261229 BC Ltd, due Apr 15, 2032 0.54%
Quikrete Holdings Inc, due Mar 1, 2032 0.33%
Nexstar Media Inc, due Sep 15, 2033 0.30%
Asurion LLC/ Asurion Co-Issuer Inc, due Feb 1, 2034 0.28%
Asurion LLC/ Asurion Co-Issuer Inc, due Dec 31, 2032 0.28%
TransDigm Inc, due May 31, 2033 0.26%
Discovery Global Holdings Inc, due Mar 15, 2032 0.22%
CCO Holdings LLC / CCO Holdings Capital Corp, due May 1, 2032 0.21%
Only in SJNK
Centene Corp, due Dec 15, 2029 0.51%
Rakuten Group Inc, due Feb 15, 2027 0.35%
Centene Corp, due Oct 15, 2030 0.32%
Centene Corp, due Mar 1, 2031 0.24%
Centene Corp, due Jul 15, 2028 0.23%
Air Canada, due Aug 15, 2026 0.22%
SM Energy Co, due Jul 1, 2028 0.21%
DISH DBS Corp, due Jul 1, 2026 0.20%

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On the same fields

HYG
iShares iBoxx $ High Yield Corporate Bond ETF
SJNK
State Street SPDR Bloomberg Short Term High Yield Bond ETF
Where it sits Bond ETF Bond ETF
What it is Tracks an index of US high yield bonds Tracks an index
Total return, 1 year +0.7% +1.2%
Its benchmark over the same days −1.6% (IUSB) −1.9% (AGG)
Gap to its benchmark +2.3 pts vs IUSB +3.2 pts vs AGG
Expense ratio 0.49% 0.40%
Holdings 1334 1121
Net assets $16.2bn $4.4bn

HYG and SJNK on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.

About HYG

HYG tracks an index of US high yield bonds. Over the year to Oct 20, 2026 it returned +0.7% with distributions reinvested, against −1.6% for its benchmark, the Bloomberg U.S. Universal Index. The prospectus expense ratio is 0.49% a year.

About SJNK

SJNK tracks an index. Over the year to Oct 20, 2026 it returned +1.2% with distributions reinvested, against −1.9% for its benchmark, the Bloomberg U.S. Aggregate Bond Index. The prospectus expense ratio is 0.40% a year.

Questions people ask

Which returned more over the last year, HYG or SJNK?
In the year to Oct 20, 2026, with distributions reinvested, HYG returned +0.7% and SJNK +1.2%.
Which is cheaper, HYG or SJNK?
SJNK is cheaper, by 0.09 percentage points a year. That is about $9 on $10,000 held for a year. Fees come from each fund's prospectus.
Cite this pageCitation, APA and Markdown

ETFIQ, HYG against SJNK, data as of Oct 20, 2026. https://etfiq.com/compare/any/hyg-vs-sjnk

Open data

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