Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
HYG vs USFR: how they differ
HYG and USFR hold 0% of their weight in the same names, and USFR returned more over the year.
iShares iBoxx $ High Yield Corporate Bond ETF and WisdomTree Floating Rate Treasury Fund.
What they hold in common
By the books each fund has filed, HYG and USFR hold 0% of their money in the same securities at the same weight.
| Only in HYG | Only in USFR |
|---|---|
| BLK CSH FND TREASURY SL AGENCY 0.68% | UNITED STATES OF AMERICA - BUREAU OF THE 28.04% |
| 1261229 BC LTD 144A 0.56% | UNITED STATES OF AMERICA - BUREAU OF THE 28.01% |
| MERIDIAN ARC HOLDCO LLC 144A 0.47% | UNITED STATES OF AMERICA - BUREAU OF THE 28.00% |
| PR RNO PROPERTY OWNER 1 LLC 144A 0.35% | UNITED STATES OF AMERICA - BUREAU OF THE 15.95% |
| WULF COMPUTE LLC 144A 0.29% | |
| GALAXY HELIOS DATA CENTERS II LLC 144A 0.28% | |
| PANTHER ESCROW ISSUER LLC 144A 0.28% | |
| SV RNO PROPERTY OWNER 1 LLC 144A 0.28% |
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 May 31, 2026 and Sep 10, 2026.
| HYG iShares iBoxx $ High Yield Corporate Bond ETF | USFR WisdomTree Floating Rate Treasury Fund | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | WisdomTree |
| What it is | US high yield bonds | Floating Rate Treasury |
| Total return, 1 year | +2.9% | +4.1% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −14.6 pts | −13.4 pts |
| Expense ratio | 0.49% | 0.15% |
| Holdings | 1326 | 4 |
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.
USFR in plain words
USFR is a bond fund tracking the Floating Rate Treasury. Over the year to Sep 11, 2026 it returned +4.1% 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 USFR?
- In the year to Sep 13, 2026, with distributions reinvested, HYG returned +2.9% and USFR returned +4.1%, so USFR returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, HYG or USFR?
- HYG charges 0.49% a year and USFR charges 0.15%, so USFR 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 USFR, data as of Sep 13, 2026. https://etfiq.com/compare/any/hyg-vs-usfr Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources