SCYB vs SHYG: Differences, Returns & Fees

SCYB's duration was 3.0 years on May 31, 2026 and SHYG's 2.1 on Jul 31, 2026; SCYB charges 0.03% to SHYG's 0.30%. Net assets: $2.5bn on May 31, 2026 for Schwab High Yield Bond ETF, and $7.6bn on Oct 20, 2026 for iShares 0-5 Year High Yield Corporate Bond ETF.

Ask IQ about this page

Ask IQ about SCYB and SHYG

Answers cite the figures on this page.

SCYB costs 0.27 points a year less; their one-year returns differ by 1.1 points; SHYG is 7.2 times larger.

SCYB vs SHYG: Differences, Returns & Fees
SCYBSHYG
Expense ratio0.03%0.30%
Net assets, as of Feb 28, 2025$909m$6.6bn
Total return, 1 year+1.0%+2.1%
What it tracksnot read by ETFIQMarkit iBoxx USD Liquid High Yield 0-5 Index
Holdings in common54%

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

+1.0%
SCYB total return, 1 year
+2.1%
SHYG total return, 1 year
0.03%
SCYB expense ratio
0.30%
SHYG expense ratio

Get SHYG's fund flows by email, every Monday.

Plus the Friday ETF note. Confirm from the link that arrives, and unsubscribe in one click. See Privacy.

Client brief · page 1 of 2Report BR-132A5CD312

SCYB and SHYG are built for the same job. How do they differ in cost, holdings and results?

  1. What each follows. SCYB follows not read by ETFIQ and SHYG follows Markit iBoxx USD Liquid High Yield 0-5 Index.
  2. Cost. SCYB charges 0.03% of assets a year and SHYG 0.30%, a gap of 0.27 points.
  3. Size. SCYB has $909m in net assets and SHYG $6.6bn (net assets, as of Feb 28, 2025); SHYG is 7.3 times larger.

Data as of Oct 20, 2026. The differences are picked by a fixed rule, in a fixed order; the PDF prints it. Page 2 has the returns, overlap, risks and sources.

Take this comparison to a client

The two-page PDF for this pair is coming. Save the comparison to follow its changes. Free. It needs an email sign-in, once.

Not advice. The brief uses the figures on this page, with the data date and a report id. Saved comparisons are listed on your saved page; privacy.

What they hold in common

By the books each fund has filed, SCYB and SHYG hold 54% of their money in the same securities at the same weight. Holdings dated May 31, 2026 and Jul 31, 2026.

half

54% in common

Positions both hold, largest shared weight first
Holding SCYB SHYG
Meridian Arc Holdco LLC, due Apr 30, 2031 0.36% 0.58%
EchoStar Corp, due Nov 30, 2029 0.29% 0.53%
Cloud Software Group Inc, due Mar 31, 2029 0.27% 0.43%
SV RNO Property Owner 1 LLC, due Mar 1, 2031 0.23% 0.29%
Core Scientific Finance I LLC, due May 15, 2031 0.23% 0.34%
Venture Global LNG Inc, due Feb 1, 2029 0.22% 0.36%
Centene Corp, due Dec 15, 2029 0.22% 0.23%
Cloud Software Group Inc, due Sep 30, 2029 0.21% 0.42%
WULF Compute LLC, due Oct 15, 2030 0.20% 0.37%
Medline Borrower LP, due Oct 1, 2029 0.20% 0.27%
EMRLD Borrower LP / Emerald Co-Issuer Inc, due Dec 15, 2030 0.19% 0.24%
CCO Holdings LLC / CCO Holdings Capital Corp, due Feb 1, 2028 0.19% 0.28%
Only in SCYB
Quikrete Holdings Inc, due Mar 1, 2032 0.24%
Asurion LLC/ Asurion Co-Issuer Inc, due Dec 31, 2032 0.22%
Asurion LLC/ Asurion Co-Issuer Inc, due Feb 1, 2034 0.22%
Discovery Global Holdings Inc, due Mar 15, 2042 0.21%
Nexstar Media Inc, due Sep 15, 2033 0.20%
Carnival Corp Ltd, due Aug 1, 2032 0.20%
Venture Global LNG Inc, due Jun 1, 2028 0.19%
CoreWeave Inc, due Oct 1, 2031 0.19%
Only in SHYG
PR RNO Property Owner 1 LLC, due May 1, 2031 0.46%
DISH DBS Corp, due Dec 1, 2026 0.33%
DISH DBS Corp, due Jul 1, 2026 0.24%
Rakuten Group Inc, due Feb 15, 2027 0.21%
Carvana Co, due Jun 1, 2031 0.20%
Galaxy Helios Data Centers II LLC, due Aug 1, 2031 0.19%
SBA Communications Corp, due Feb 15, 2027 0.17%
Carvana Co, due Jun 1, 2030 0.17%

Check overlap with more funds →

On the same fields

SCYB
Schwab High Yield Bond ETF
SHYG
iShares 0-5 Year High Yield Corporate Bond ETF
Where it sits Bond ETF Bond ETF
What it is Tracks an index Tracks an index
Total return, 1 year +1.0% +2.1%
Its benchmark over the same days −1.9% (AGG) −1.6% (IUSB)
Gap to its benchmark +2.9 pts vs AGG +3.7 pts vs IUSB
Expense ratio 0.03% 0.30%
Holdings 1833 1146
Net assets, SCYB as of May 31, 2026 and SHYG as of Oct 20, 2026 $2.5bn $7.6bn

SCYB and SHYG on the fields both publish, as of Oct 20, 2026. Source: ETFIQ.

About SCYB

SCYB tracks an index. Over the year to Oct 20, 2026 it returned +1.0% with distributions reinvested, against −1.9% for its benchmark, the Bloomberg US Aggregate Bond Index. The prospectus expense ratio is 0.03% a year.

About SHYG

SHYG tracks an index. Over the year to Oct 20, 2026 it returned +2.1% with distributions reinvested, against −1.6% for its benchmark, the Bloomberg U.S. Universal Index. The prospectus expense ratio is 0.30% a year.

Questions people ask

Which returned more over the last year, SCYB or SHYG?
In the year to Oct 20, 2026, with distributions reinvested, SCYB returned +1.0% and SHYG +2.1%.
Which is cheaper, SCYB or SHYG?
SCYB is cheaper, by 0.27 percentage points a year. That is about $27 on $10,000 held for a year. Fees come from each fund's prospectus.
Cite this pageCitation, APA and Markdown

ETFIQ, SCYB against SHYG, data as of Oct 20, 2026. https://etfiq.com/compare/any/scyb-vs-shyg

Open data

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