Data as of Oct 28, 2026.
HYG vs SPHD: Differences, Returns & Fees
Over the year to Oct 28, 2026, HYG returned +1.3% to SPHD's +11.0%; 0% of their weight is in the same names.
askIQ about this page
askIQ about HYG and SPHD
Net assets on Oct 27, 2026: $17.5bn for iShares iBoxx $ High Yield Corporate Bond ETF and $3.3bn for Invesco S&P 500 High Dividend Low Volatility ETF.
Pair scorecard
SPHD costs 0.19 points a year less; their one-year returns differ by 9.7 points; HYG is 5.3 times larger.
| Measure | HYG | SPHD |
|---|---|---|
| Return | ||
| Total return, 1 year | +1.3% | +11.0% |
| Drawdown | ||
| Below its high | 4.2%, high on Aug 24, 2026 | |
| Benchmark | ||
| What it tracks | Markit iBoxx USD Liquid High Yield Index | S&P 500 Low Volatility High Dividend Index |
| Cost and size | ||
| Expense ratio | 0.49% | 0.30% |
| Net assets, as of Oct 27, 2026 | $17.5bn | $3.3bn |
| Holdings | ||
| Holdings in common | 0% | |
| In the S&P 500, by weight | 95% | |
| Top ten holdings, share of the fund | 28.2% | |
Holdings in common uses holdings dated Oct 27, 2026. Method
What they share
By the books each fund has filed, HYG and SPHD hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.
half
0% in common
Only in one fund ↓
Side by side
HYG and SPHD on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
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.
SPHD
SPHD tracks the S&P 500 High Dividend Low Volatility. Over the year to Oct 28, 2026 it returned +11.0% with distributions reinvested. The prospectus expense ratio is 0.30% a year. By its holdings published by its issuer for Oct 27, 2026, 95% of the fund by weight is stocks the S&P 500 also holds, across 59 positions, with the top ten at 28.2%. It sat 4.2% below its high of Aug 24, 2026 on Oct 28, 2026.
Questions people ask
- Which returned more over the last year, HYG or SPHD?
- In the year to Oct 28, 2026, with distributions reinvested, HYG returned +1.3% and SPHD +11.0%.
- Which is cheaper, HYG or SPHD?
- SPHD is cheaper, by 0.19 percentage points a year. That is about $19 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Cite this pageCitation, APA and Markdown
ETFIQ, HYG against SPHD, data as of Oct 28, 2026. https://etfiq.com/compare/any/hyg-vs-sphd
ETFIQ. (Oct 28, 2026). HYG against SPHD. Retrieved from https://etfiq.com/compare/any/hyg-vs-sphd
[HYG against SPHD (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/hyg-vs-sphd)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.