Data as of Oct 28, 2026.

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IBB vs USHY: Differences, Returns & Fees

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Over the year to Oct 28, 2026, IBB returned +37.5% to USHY's +1.7%, and USHY charges 0.08% to IBB's 0.44%.

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Net assets on Oct 27, 2026: $11.0bn for iShares Biotechnology ETF and $26.3bn for iShares Broad USD High Yield Corporate Bond ETF.

At a glance
+37.5%
IBB total return, 1 year
+1.7%
USHY total return, 1 year
0.44%
IBB expense ratio
0.08%
USHY expense ratio

Pair scorecard

USHY costs 0.36 points a year less; their one-year returns differ by 35.8 points; USHY is 2.4 times larger.

IBB vs USHY: Differences, Returns & Fees
MeasureIBBUSHY
Return
Total return, 1 year+37.5%+1.7%
Benchmark
What it tracksBiotechICE BofA US High Yield Constrained Index
Cost and size
Expense ratio0.44%0.08%
Net assets, as of Oct 27, 2026$11.0bn$26.3bn
Active share vs the S&P 50099%
Holdings
Holdings in common0%
In the S&P 500, by weight40%
Top ten holdings, share of the fund50%

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

What they share

0%

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

0 half 100%

half

0% in common

Positions both hold · largest shared weight first IBB USHY
Only in one fund ↓
Only in IBB
GILEAD SCIENCES 8.56%
AMGEN INC 8.20%
VERTEX PHARMACEUTICALS 7.53%
REGENERON PHARMACEUTICALS 5.64%
MODERNA 5.29%
NATERA 3.85%
ARGENX SE ADR 3.42%
ILLUMINA INC 2.93%
Only in USHY
1261229 BC LTD 144A 0.48%
ECHOSTAR CORP 0.40%
MERIDIAN ARC HOLDCO LLC 144A 0.36%
PR RNO PROPERTY OWNER 1 LLC 144A 0.31%
SOFTBANK GROUP CORP 144A 0.30%
SOFTBANK GROUP CORP 144A 0.29%
CLOUD SOFTWARE GROUP LLC 144A 0.27%
QUIKRETE HOLDINGS INC 144A 0.27%
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Side by side

IBB iShares Biotechnology ETF USHY iShares Broad USD High Yield Corporate Bond ETF
Where it sits Thematic ETF Bond ETF
What it is Biotech Tracks an index of Broad USD High Yield Corporate Bond
Total return, 1 year +37.5% +1.7%
Its benchmark over the same days not measured +1.8% (SPHY)
Gap to its benchmark not measured −0.1 pts vs SPHY
Expense ratio 0.44% 0.08%
Holdings 245 1900
Net assets, as of Oct 27, 2026 $11.0bn $26.3bn

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

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About each fund
IBB

By weight, 40% of IBB's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 99%. The top ten holdings are 50% of the fund across 245 positions, as published by its issuer for Oct 27, 2026. Over the year to Oct 28, 2026 the fund returned +37.5% with distributions reinvested.

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

Are IBB and USHY in the same category?
IBB is a thematic ETF and USHY is a bond ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
Which returned more over the last year, IBB or USHY?
In the year to Oct 28, 2026, with distributions reinvested, IBB returned +37.5% and USHY +1.7%.
Which is cheaper, IBB or USHY?
USHY is cheaper, by 0.36 percentage points a year. That is about $36 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, IBB against USHY, data as of Oct 28, 2026. https://etfiq.com/compare/any/ibb-vs-ushy

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