Which returned more over the last year, IAU or USHY?

In the year to Oct 28, 2026, with distributions reinvested, IAU returned +2.7% and USHY +1.7%.

Which is cheaper, IAU or USHY?

USHY is cheaper, by 0.17 percentage points a year. That is about $17 on $10,000 held for a year. Fees come from each fund's own filings.

Data as of Oct 28, 2026.

Across categories

IAU vs USHY: Differences, Returns & Fees

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IAU is a commodity fund and USHY a bond index fund, and over the year to Oct 28, 2026, IAU returned +2.7% against +1.7%.

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Net assets: $60.1bn on Oct 28, 2026 for iShares Gold Trust, and $26.3bn on Oct 27, 2026 for iShares Broad USD High Yield Corporate Bond ETF.

IAU on its own →USHY on its own →

At a glance

+2.7%

IAU total return, 1 year

+1.7%

USHY total return, 1 year

0.25%

IAU expense ratio

0.08%

USHY expense ratio

Pair scorecard

USHY costs 0.17 points a year less; their one-year returns differ by 1.0 point; IAU is 2.3 times larger.

IAU vs USHY: Differences, Returns & Fees
Measure	IAU	USHY
Return
Measure	IAU	USHY
Total return, 1 year	+2.7%	+1.7%
Drawdown
Measure	IAU	USHY
Below its high	24.6%, high on Jan 29, 2026
Benchmark
Measure	IAU	USHY
What it tracks	Gold	ICE BofA US High Yield Constrained Index
Cost and size
Measure	IAU	USHY
Expense ratio	0.25%	0.08%
Net assets, as of Oct 27, 2026	$60.3bn	$26.3bn
Holdings
Measure	IAU	USHY
Holdings in common	not published

Method

Side by side

IAU iShares Gold Trust USHY iShares Broad USD High Yield Corporate Bond ETF

Where it sits Commodity ETF Bond ETF

Issuer iShares iShares

What it is Holds gold Tracks an index of Broad USD High Yield Corporate Bond

Total return, 1 year +2.7% +1.7%

Its benchmark over the same days +2.5% (GLD) +1.8% (SPHY)

Gap to its benchmark +0.2 pts vs GLD −0.1 pts vs SPHY

Expense ratio 0.25% 0.08%

Holdings not counted 1900

Net assets, IAU as of Oct 28, 2026 and USHY as of Oct 27, 2026 $60.1bn $26.3bn

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

Alert

About each fund

IAU

Its expense ratio is 0.25% a year, for the three months to Jun 30, 2026, as its 10-Q states.

IAU holds gold. Over the year to Oct 28, 2026 it returned +2.7% with distributions reinvested, against +2.5% for its benchmark, the price of gold. It sat 24.6% below its high of Jan 29, 2026 on Oct 28, 2026.

USHY

USHY tracks an index of Broad USD High Yield Corporate Bond. Over the year to Oct 28, 2026 it returned +1.7% with distributions reinvested, against +1.8% for its benchmark, the ICE BofA US High Yield Constrained Index, measured by the closely related ICE BofA US High Yield Index. The prospectus expense ratio is 0.08% a year.

Questions people ask

Which returned more over the last year, IAU or USHY?: In the year to Oct 28, 2026, with distributions reinvested, IAU returned +2.7% and USHY +1.7%.
Which is cheaper, IAU or USHY?: USHY is cheaper, by 0.17 percentage points a year. That is about $17 on $10,000 held for a year. Fees come from each fund's own filings.

Other comparisons

IAU vs JNK HYG vs IAU IAU vs SHY IAU vs LQD SLV vs USHY GLD vs USHY USHY vs USO BWET vs USHY

Where to next

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

Sources and dates

iShares page for IAU ↗

USHY filings on SEC EDGAR ↗

USHY prospectus with the expense ratio (SEC) ↗

iShares page for USHY ↗

Links are sources, not endorsements. A comparison is not a recommendation.

Cite this pageCitation, APA and Markdown

ETFIQ, IAU against USHY, data as of Oct 28, 2026. https://etfiq.com/compare/any/iau-vs-ushy

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