Data as of Oct 28, 2026.

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HYG vs VIG: Differences, Returns & Fees

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Over the year to Oct 28, 2026, HYG returned +1.3% to VIG's +13.9%; 0% of their weight is in the same names.

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Net assets: $17.5bn on Oct 27, 2026 for iShares iBoxx $ High Yield Corporate Bond ETF, and $109.1bn on Sep 30, 2026 for Vanguard Div Appreciation ETF.

At a glance
+1.3%
HYG total return, 1 year
+13.9%
VIG total return, 1 year
0.49%
HYG expense ratio
0.04%
VIG expense ratio

Pair scorecard

VIG costs 0.45 points a year less; their one-year returns differ by 12.6 points; VIG is 6.5 times larger.

HYG vs VIG: Differences, Returns & Fees
MeasureHYGVIG
Return
Total return, 1 year+1.3%+13.9%
Benchmark
What it tracksMarkit iBoxx USD Liquid High Yield IndexS&P U.S. Dividend Growers Index
Cost and size
Expense ratio0.49%0.04%
Net assets, as of Sep 30, 2026$16.8bn$109.1bn
Holdings
Holdings in common0%
In the S&P 500, by weight93%
Top ten holdings, share of the fund34.5%

Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method

Risk and return

Apr 20, 2007 to Oct 23, 2026 · 1,018 weekly returns
HYG VIG
Return
Total return edge VIG +148.8% +541.9%
Annualized edge VIG +4.8% +10.0%
Price return edge VIG −26.2% +333.8%
Risk
Volatility edge HYG 11.1% 15.9%
Max drawdown edge HYG −33.0% −45.9%
Risk-adjusted
Sharpe edge VIG 0.34 0.58
Sortino edge VIG 0.46 0.83
Calmar edge VIG 0.14 0.22
Reading

VIG returned more: +541.9% to +148.8%. HYG swung less: 11.1% to 15.9%. HYG fell less at its worst: −33.0% to −45.9%.

Full scorecard

9 measures, with how each is measured
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Risk and return: HYG vs VIG: Differences, Returns & Fees
MeasureHYGVIGEdgeHow it is measured
Return
Total return+148.8%+541.9%VIGPrice change plus distributions, reinvested.
Annualized+4.8%+10.0%VIGTotal return as a yearly rate.
Price return−26.2%+333.8%VIGPrice change alone, distributions left out.
Risk
Volatility11.1%15.9%HYGSpread of weekly returns, annualized. Lower is steadier.
Downside deviation8.1%11.2%HYGLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−33.0%−45.9%HYGDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.340.58VIGReturn above Treasury bills per unit of volatility.
Sortino0.460.83VIGReturn above Treasury bills per unit of downside deviation.
Calmar0.140.22VIGAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 1,018 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

0%

By the books each fund has filed, HYG and VIG hold 0% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first HYG VIG
Only in one fund ↓
Only in HYG
1261229 BC LTD 144A 0.56%
MERIDIAN ARC HOLDCO LLC 144A 0.44%
ECHOSTAR CORP 0.40%
QUIKRETE HOLDINGS INC 144A 0.35%
PR RNO PROPERTY OWNER 1 LLC 144A 0.34%
CLOUD SOFTWARE GROUP LLC 144A 0.32%
SOFTBANK GROUP CORP 144A 0.32%
CENTENE CORPORATION 0.31%
Only in VIG
Microsoft Corp 4.90%
Apple Inc 4.88%
Broadcom Inc 4.30%
Eli Lilly & Co 4.10%
JPMorgan Chase & Co 3.89%
ExxonMobil Holdings Corp 2.96%
Johnson & Johnson 2.83%
Visa Inc 2.53%
Check overlap with more funds →

Side by side

HYG iShares iBoxx $ High Yield Corporate Bond ETF VIG Vanguard Div Appreciation ETF
Where it sits Bond ETF Stock ETF
What it is Tracks an index of US high yield bonds Tracks an index of Dividend growth
Total return, 1 year +1.3% +13.9%
Its benchmark over the same days −1.2% (IUSB) not measured
Gap to its benchmark +2.5 pts vs IUSB not measured
Expense ratio 0.49% 0.04%
Holdings 1332 335
Net assets, HYG as of Oct 27, 2026 and VIG as of Sep 30, 2026 $17.5bn $109.1bn

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

Client brief · page 1 of 2 Report BR-A031A3D294

HYG and VIG do different jobs. What does each one do in a portfolio?

  1. What each follows. HYG follows Markit iBoxx USD Liquid High Yield Index and VIG follows S&P U.S. Dividend Growers Index.
  2. Holdings in common. 0% of the weight is in the same securities (holdings dated Oct 27, 2026 and Sep 30, 2026).
  3. One-year total return. Over 1 year to Oct 28, 2026 HYG returned +1.3% and VIG +13.9% with distributions reinvested, a gap of 12.6 points.

Data as of Oct 28, 2026.

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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.

VIG

VIG tracks an index of Dividend growth. Over the year to Oct 28, 2026 it returned +13.9% with distributions reinvested. The prospectus expense ratio is 0.04% a year. By its holdings published by its issuer as of Sep 30, 2026, 93% of the fund by weight is stocks the S&P 500 also holds, across 335 positions, with the top ten at 34.5%.

Questions people ask

Which returned more over the last year, HYG or VIG?
In the year to Oct 28, 2026, with distributions reinvested, HYG returned +1.3% and VIG +13.9%.
Which is cheaper, HYG or VIG?
VIG is cheaper, by 0.45 percentage points a year. That is about $45 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, HYG against VIG, data as of Oct 28, 2026. https://etfiq.com/compare/any/hyg-vs-vig

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