Which returned more over the last year, HYG or USFR?

In the year to Oct 28, 2026, with distributions reinvested, HYG returned +1.3% and USFR +4.1%.

Which is cheaper, HYG or USFR?

USFR is cheaper, by 0.34 percentage points a year. That is about $34 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

HYG vs USFR: Differences, Returns & Fees

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HYG's duration was 2.9 years on Aug 31, 2026 and USFR's 0.0 on May 31, 2026; USFR charges 0.15% to HYG's 0.49%.

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Net assets: $17.5bn on Oct 27, 2026 for iShares iBoxx $ High Yield Corporate Bond ETF, and $17.0bn on May 31, 2026 for WisdomTree Floating Rate Treasury Fund.

HYG on its own →USFR on its own →

At a glance

+1.3%

HYG total return, 1 year

+4.1%

USFR total return, 1 year

0.49%

HYG expense ratio

0.15%

USFR expense ratio

Pair scorecard

USFR costs 0.34 points a year less; their one-year returns differ by 2.8 points.

HYG vs USFR: Differences, Returns & Fees
Measure	HYG	USFR
Return
Measure	HYG	USFR
Total return, 1 year	+1.3%	+4.1%
Benchmark
Measure	HYG	USFR
What it tracks	Markit iBoxx USD Liquid High Yield Index	Bloomberg U.S. Treasury Floating Rate Bond Index
Cost and size
Measure	HYG	USFR
Expense ratio	0.49%	0.15%
Net assets, HYG as of Oct 27, 2026 and USFR as of May 31, 2026	$17.5bn	$17.0bn
Holdings
Measure	HYG	USFR
Holdings in common	0%

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

What they share

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

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first HYG USFR

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 USFR

TF 0 10/31/27, due Oct 31, 2027 27.95%

TF 0 07/31/27, due Jul 31, 2027 27.93%

TF 0 01/31/28, due Jan 31, 2028 27.91%

TF 0 04/30/28, due Apr 30, 2028 15.90%

Check overlap with more funds →

Side by side

HYG iShares iBoxx $ High Yield Corporate Bond ETF USFR WisdomTree Floating Rate Treasury Fund

Where it sits Bond ETF Bond ETF

Issuer iShares WisdomTree

What it is Tracks an index of US high yield bonds Tracks an index of Floating Rate Treasury

Total return, 1 year +1.3% +4.1%

Its benchmark over the same days −1.2% (IUSB) +4.0% (TFLO)

Gap to its benchmark +2.5 pts vs IUSB +0.1 pts vs TFLO

Expense ratio 0.49% 0.15%

Holdings 1332 4

Net assets, HYG as of Oct 27, 2026 and USFR as of May 31, 2026 $17.5bn $17.0bn

HYG and USFR on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Alert

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.

USFR

USFR tracks an index of Floating Rate Treasury. Over the year to Oct 28, 2026 it returned +4.1% with distributions reinvested, against +4.0% for its benchmark, the Bloomberg U.S. Treasury Floating Rate Bond Index. 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 Oct 28, 2026, with distributions reinvested, HYG returned +1.3% and USFR +4.1%.
Which is cheaper, HYG or USFR?: USFR is cheaper, by 0.34 percentage points a year. That is about $34 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

HYG vs MINT BOXX vs HYG HYG vs SHV HYG vs VBIL USFR vs USHY JNK vs USFR IEI vs USFR IGIB vs USFR

Where to next

HYG on its own →USFR on its own →Hold both: look the portfolio through →Rankings →HYG dividend history →HYG holdings →USFR dividend history →USFR holdings →Standards and sources →

Sources and dates

HYG filings on SEC EDGAR ↗

HYG prospectus with the expense ratio (SEC) ↗

iShares page for HYG ↗

USFR filings on SEC EDGAR ↗

USFR prospectus with the expense ratio (SEC) ↗

WisdomTree page for USFR ↗

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 USFR, data as of Oct 28, 2026. https://etfiq.com/compare/any/hyg-vs-usfr

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