Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
HYG vs USHY: how they differ
HYG and USHY hold 58% of their weight in the same names.
iShares iBoxx $ High Yield Corporate Bond ETF and iShares Broad USD High Yield Corporate Bond ETF.
What they hold in common
By the books each fund has filed, HYG and USHY hold 58% of their money in the same securities at the same weight.
| Holding | HYG | USHY |
|---|---|---|
| BLK CSH FND TREASURY SL AGENCY | 0.68% | 1.17% |
| 1261229 BC LTD 144A | 0.56% | 0.49% |
| MERIDIAN ARC HOLDCO LLC 144A | 0.47% | 0.38% |
| PR RNO PROPERTY OWNER 1 LLC 144A | 0.35% | 0.29% |
| GALAXY HELIOS DATA CENTERS II LLC 144A | 0.28% | 0.24% |
| SV RNO PROPERTY OWNER 1 LLC 144A | 0.28% | 0.24% |
| WULF COMPUTE LLC 144A | 0.29% | 0.24% |
| CORE SCIENTIFIC FINANCE I LLC 144A | 0.27% | 0.23% |
| PANTHER ESCROW ISSUER LLC 144A | 0.28% | 0.23% |
| ASURION LLC 144A | 0.24% | 0.21% |
| APLD COMPUTECO LLC 144A | 0.21% | 0.20% |
| MPT OPERATING PARTNERSHIP LP / MPT 144A | 0.24% | 0.20% |
| Only in HYG | Only in USHY |
|---|---|
| ARC FALCON I INC 144A 0.08% | GLOBAL AIRCRAFT LEASING CO LTD 144A 0.08% |
| MUVICO LLC 144A 0.08% | ALTAGAS LTD 144A 0.07% |
| STUDIO CITY FINANCE LTD 144A 0.08% | AP CORE HOLDINGS II LLC 144A 0.07% |
| WYNN MACAU LTD 144A 0.06% | COLUMBUS MCKINNON CORPORATION 144A 0.07% |
| ENERGEAN ISRAEL FINANCE LTD 0.05% | DIEBOLD NIXDORF INC 144A 0.07% |
| MELCO RESORTS FINANCE LTD 144A 0.05% | DRESDNER FUNDING TRUST I 144A 0.07% |
| CI FINANCIAL HOLDINGS LTD 144A 0.04% | GARRETT MOTION HOLDINGS INC 144A 0.07% |
| MGM CHINA HOLDINGS LTD 144A 0.04% | GPGI HOLDINGS LLC 144A 0.07% |
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 Sep 10, 2026.
| HYG iShares iBoxx $ High Yield Corporate Bond ETF | USHY iShares Broad USD High Yield Corporate Bond ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | US high yield bonds | Broad USD High Yield Corporate Bond |
| Total return, 1 year | +2.9% | +3.3% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −14.6 pts | −14.2 pts |
| Expense ratio | 0.49% | 0.08% |
| Holdings | 1326 | 1871 |
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.
USHY in plain words
USHY is a bond fund tracking the Broad USD High Yield Corporate Bond. Over the year to Sep 11, 2026 it returned +3.3% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.08% a year.
Questions people ask
- Which returned more over the last year, HYG or USHY?
- In the year to Sep 13, 2026, with distributions reinvested, HYG returned +2.9% and USHY returned +3.3%, so USHY returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, HYG or USHY?
- HYG charges 0.49% a year and USHY charges 0.08%, so USHY 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 USHY, data as of Sep 13, 2026. https://etfiq.com/compare/any/hyg-vs-ushy Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources