IQ

Data as of Oct 28, 2026.

vsCompare their flowsaskIQ about these two fundsAsk the committee about these two funds
Across categories

HYG vs VGSH: Differences, Returns & Fees

Share
Share on XDownload as PDF

HYG's duration was 2.9 years on Aug 31, 2026 and VGSH's 1.8 on May 31, 2026; VGSH charges 0.03% to HYG's 0.49%.

askIQ about this page

askIQ about HYG and VGSH

Net assets: $17.5bn on Oct 27, 2026 for iShares iBoxx $ High Yield Corporate Bond ETF, and $35.1bn on Sep 30, 2026 for Vanguard Short-Term Treasury ETF.

HYG on its own →VGSH on its own →
At a glance
+1.3%
HYG total return, 1 year
+1.7%
VGSH total return, 1 year
0.49%
HYG expense ratio
0.03%
VGSH expense ratio

Pair scorecard

VGSH costs 0.46 points a year less; their one-year returns differ by 0.4 points; VGSH is 2.1 times larger.

HYG vs VGSH: Differences, Returns & Fees
MeasureHYGVGSH
Return
Total return, 1 year+1.3%+1.7%
Benchmark
What it tracksMarkit iBoxx USD Liquid High Yield IndexBloomberg U.S. Treasury 1-3 Year Index
Cost and size
Expense ratio0.49%0.03%
Net assets, as of Sep 30, 2026$16.8bn$35.1bn
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 VGSH 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 VGSH
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 VGSH
US TREASURY N/B, due Jan 31, 2028 2.24%
US TREASURY N/B, due Apr 30, 2029 1.40%
US TREASURY N/B, due Jul 31, 2027 1.35%
US TREASURY N/B, due Feb 28, 2029 1.31%
US TREASURY N/B, due Mar 31, 2029 1.30%
US TREASURY N/B, due Jun 15, 2027 1.29%
US TREASURY N/B, due May 15, 2027 1.26%
US TREASURY N/B, due Aug 15, 2027 1.26%
Check overlap with more funds →

Side by side

HYG iShares iBoxx $ High Yield Corporate Bond ETF VGSH Vanguard Short-Term Treasury ETF
Where it sits Bond ETF Bond ETF
Issuer iShares Vanguard
What it is Tracks an index of US high yield bonds Tracks an index of Short-Term Treasury
Total return, 1 year +1.3% +1.7%
Its benchmark over the same days −1.2% (IUSB) +1.8% (SCHO)
Gap to its benchmark +2.5 pts vs IUSB −0.1 pts vs SCHO
Expense ratio 0.49% 0.03%
Holdings 1332 93
Net assets, HYG as of Oct 27, 2026 and VGSH as of Sep 30, 2026 $17.5bn $35.1bn

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

Alert

HYG flows, by email on Sundays.

One-click unsubscribe. See Privacy.

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.

VGSH

VGSH tracks an index of Short-Term Treasury. Over the year to Oct 28, 2026 it returned +1.7% with distributions reinvested, against +1.8% for its benchmark, the Bloomberg U.S. Treasury 1-3 Year Index. The prospectus expense ratio is 0.03% a year.

Questions people ask

Which returned more over the last year, HYG or VGSH?
In the year to Oct 28, 2026, with distributions reinvested, HYG returned +1.3% and VGSH +1.7%.
Which is cheaper, HYG or VGSH?
VGSH 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.
Other comparisons
HYG vs SHYHYG vs IEIHYG vs JAAAHYG vs VGITUSHY vs VGSHJNK vs VGSHSCHO vs VGSHSPTS vs VGSH
Where to next
HYG on its own →VGSH on its own →Hold both: look the portfolio through →Rankings →HYG dividend history →HYG holdings →VGSH dividend history →VGSH holdings →Standards and sources →
Sources and dates
HYG filings on SEC EDGAR ↗
HYG prospectus with the expense ratio (SEC) ↗
iShares page for HYG ↗
VGSH filings on SEC EDGAR ↗
VGSH prospectus with the expense ratio (SEC) ↗
Vanguard page for VGSH ↗

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

Open data →

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