Data as of Oct 28, 2026.

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HYG vs SPSB: Differences, Returns & Fees

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HYG's duration was 2.9 years on Aug 31, 2026 and SPSB's 1.8 on Jun 30, 2026; SPSB charges 0.04% to HYG's 0.49%.

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Net assets on Oct 27, 2026: $17.5bn for iShares iBoxx $ High Yield Corporate Bond ETF and $11.3bn for State Street SPDR Portfolio Short Term Corporate Bond ETF.

At a glance
+1.3%
HYG total return, 1 year
+2.2%
SPSB total return, 1 year
0.49%
HYG expense ratio
0.04%
SPSB expense ratio

Pair scorecard

SPSB costs 0.45 points a year less; their one-year returns differ by 0.9 points; HYG is 1.5 times larger.

HYG vs SPSB: Differences, Returns & Fees
MeasureHYGSPSB
Return
Total return, 1 year+1.3%+2.2%
Benchmark
What it tracksMarkit iBoxx USD Liquid High Yield IndexBloomberg U.S. 1-3 Year Corporate Bond Index
Cost and size
Expense ratio0.49%0.04%
Net assets, as of Oct 27, 2026$17.5bn$11.3bn
Holdings
Holdings in common0%

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

What they share

0%

By the books each fund has filed, HYG and SPSB hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Aug 31, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first HYG SPSB
Only in one fund ↓
Only in HYG
1261229 BC Ltd, due Apr 15, 2032 0.50%
Meridian Arc Holdco LLC, due Apr 30, 2031 0.45%
EchoStar Corp, due Nov 30, 2029 0.43%
PR RNO Property Owner 1 LLC, due May 1, 2031 0.34%
Quikrete Holdings Inc, due Mar 1, 2032 0.32%
Cloud Software Group LLC, due Mar 31, 2029 0.32%
Cloud Software Group LLC, due Sep 30, 2029 0.32%
Galaxy Helios Data Centers II LLC, due Aug 1, 2031 0.30%
Only in SPSB
Salesforce Inc, due Mar 15, 2029 0.56%
AerCap Ireland Capital DAC / AerCap Global Aviation Trust, due Oct 29, 2028 0.44%
Bank of America Corp, due Dec 20, 2028 0.42%
Citigroup Inc, due Mar 4, 2029 0.42%
Morgan Stanley, due Apr 10, 2030 0.38%
JPMorgan Chase & Co, due Jul 25, 2028 0.38%
Pfizer Investment Enterprises Pte Ltd, due May 19, 2028 0.37%
Sprint Capital Corp, due Nov 15, 2028 0.37%
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Side by side

HYG iShares iBoxx $ High Yield Corporate Bond ETF SPSB State Street SPDR Portfolio Short Term Corporate Bond ETF
Where it sits Bond ETF Bond ETF
What it is Tracks an index of US high yield bonds Tracks an index of Short Term Corporate Bond
Total return, 1 year +1.3% +2.2%
Its benchmark over the same days −1.2% (IUSB) −1.4% (AGG)
Gap to its benchmark +2.5 pts vs IUSB +3.6 pts vs AGG
Expense ratio 0.49% 0.04%
Holdings 1332 1684
Net assets, as of Oct 27, 2026 $17.5bn $11.3bn

HYG and SPSB 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.

SPSB

SPSB tracks an index of Short Term Corporate Bond. Over the year to Oct 28, 2026 it returned +2.2% with distributions reinvested, against −1.4% for its benchmark, the Bloomberg U.S. Aggregate Bond Index. The prospectus expense ratio is 0.04% a year.

Questions people ask

Which returned more over the last year, HYG or SPSB?
In the year to Oct 28, 2026, with distributions reinvested, HYG returned +1.3% and SPSB +2.2%.
Which is cheaper, HYG or SPSB?
SPSB is cheaper, by 0.45 percentage points a year. That is about $45 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, HYG against SPSB, data as of Oct 28, 2026. https://etfiq.com/compare/any/hyg-vs-spsb

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