Data as of Oct 28, 2026.

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HYG vs VGLT: Differences, Returns & Fees

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HYG's duration was 2.9 years on Aug 31, 2026 and VGLT's 13.5 on May 31, 2026; VGLT charges 0.03% 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 $10.4bn on Sep 30, 2026 for Vanguard Long-Term Treasury ETF.

At a glance
+1.3%
HYG total return, 1 year
−6.7%
VGLT total return, 1 year
0.49%
HYG expense ratio
0.03%
VGLT expense ratio

Pair scorecard

VGLT costs 0.46 points a year less; their one-year returns differ by 8.0 points; HYG is 1.6 times larger.

HYG vs VGLT: Differences, Returns & Fees
MeasureHYGVGLT
Return
Total return, 1 year+1.3%−6.7%
Drawdown
Below its high38.8%, high on Aug 4, 2020
Benchmark
What it tracksMarkit iBoxx USD Liquid High Yield IndexBloomberg U.S. Long Treasury Index
Cost and size
Expense ratio0.49%0.03%
Net assets, as of Sep 30, 2026$16.8bn$10.4bn
Holdings
Holdings in common0%

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

What they share

0%

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

0 half 100%

half

0% in common

Positions both hold · largest shared weight first HYG VGLT
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 VGLT
US TREASURY N/B, due Feb 15, 2056 2.22%
US TREASURY N/B, due Aug 15, 2055 2.21%
US TREASURY N/B, due May 15, 2055 2.21%
US TREASURY N/B, due May 15, 2054 2.17%
US TREASURY N/B, due Feb 15, 2055 2.17%
US TREASURY N/B, due Nov 15, 2055 2.17%
US TREASURY N/B, due Nov 15, 2053 2.14%
US TREASURY N/B, due Nov 15, 2054 2.13%
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Side by side

HYG iShares iBoxx $ High Yield Corporate Bond ETF VGLT Vanguard Long-Term Treasury ETF
Where it sits Bond ETF Bond ETF
What it is Tracks an index of US high yield bonds Tracks an index of Long-term Treasury
Total return, 1 year +1.3% −6.7%
Its benchmark over the same days −1.2% (IUSB) −6.7% (SCHQ)
Gap to its benchmark +2.5 pts vs IUSB 0.0 pts vs SCHQ
Expense ratio 0.49% 0.03%
Holdings 1332 102
Net assets, HYG as of Oct 27, 2026 and VGLT as of Sep 30, 2026 $17.5bn $10.4bn

HYG and VGLT 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.

VGLT

VGLT tracks an index of Long-term Treasury. Over the year to Oct 28, 2026 it returned −6.7% with distributions reinvested, against −6.7% for its benchmark, the Bloomberg U.S. Long Treasury Index. The prospectus expense ratio is 0.03% a year. It sat 38.8% below its high of Aug 4, 2020 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, HYG or VGLT?
In the year to Oct 28, 2026, with distributions reinvested, HYG returned +1.3% and VGLT −6.7%.
Which is cheaper, HYG or VGLT?
VGLT is cheaper, by 0.46 percentage points a year. That is about $46 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, HYG against VGLT, data as of Oct 28, 2026. https://etfiq.com/compare/any/hyg-vs-vglt

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