SCYB vs USHY: Differences, Returns & Fees

SCYB's duration was 3.0 years on May 31, 2026 and USHY's 3.0 on Jul 31, 2026; SCYB charges 0.03% to USHY's 0.08%. Net assets: $2.5bn on May 31, 2026 for Schwab High Yield Bond ETF, and $25.6bn on Oct 20, 2026 for iShares Broad USD High Yield Corporate Bond ETF.

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Answers cite the figures on this page.

SCYB costs 0.05 points a year less; their one-year returns differ by 0.2 points; USHY is far larger, $19.0bn against $909m.

SCYB vs USHY: Differences, Returns & Fees
SCYBUSHY
Expense ratio0.03%0.08%
Net assets, as of Feb 28, 2025$909m$19.0bn
Total return, 1 year+1.0%+1.2%
What it tracksnot read by ETFIQICE BofA US High Yield Constrained Index
Holdings in common83%

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

+1.0%
SCYB total return, 1 year
+1.2%
USHY total return, 1 year
0.03%
SCYB expense ratio
0.08%
USHY expense ratio

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Client brief · page 1 of 2Report BR-7F66814AE0

SCYB and USHY 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 USHY follows ICE BofA US High Yield Constrained Index.
  2. Size. SCYB has $909m in net assets and USHY $19.0bn (net assets, as of Feb 28, 2025); USHY is 20.9 times larger.
  3. Holdings in common (similar). 83% of the weight is in the same securities (holdings dated May 31, 2026 and Jul 31, 2026).

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.

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What they hold in common

By the books each fund has filed, SCYB and USHY hold 83% of their money in the same securities at the same weight. Holdings dated May 31, 2026 and Jul 31, 2026.

half

83% in common

Positions both hold, largest shared weight first
Holding SCYB USHY
1261229 BC Ltd, due Apr 15, 2032 0.42% 0.47%
Meridian Arc Holdco LLC, due Apr 30, 2031 0.36% 0.39%
EchoStar Corp, due Nov 30, 2029 0.29% 0.39%
Cloud Software Group Inc, due Mar 31, 2029 0.27% 0.26%
Quikrete Holdings Inc, due Mar 1, 2032 0.24% 0.29%
SV RNO Property Owner 1 LLC, due Mar 1, 2031 0.23% 0.24%
Asurion LLC/ Asurion Co-Issuer Inc, due Dec 31, 2032 0.22% 0.26%
Venture Global LNG Inc, due Feb 1, 2029 0.22% 0.22%
Cloud Software Group Inc, due Sep 30, 2029 0.21% 0.25%
Core Scientific Finance I LLC, due May 15, 2031 0.23% 0.21%
Centene Corp, due Dec 15, 2029 0.22% 0.21%
Asurion LLC/ Asurion Co-Issuer Inc, due Feb 1, 2034 0.22% 0.21%
Only in SCYB
Discovery Global Holdings Inc, due Mar 15, 2042 0.21%
Carnival Corp Ltd, due Aug 1, 2032 0.20%
Venture Global LNG Inc, due Jun 1, 2028 0.19%
DISH Network Corp, due Nov 15, 2027 0.16%
Discovery Global Holdings Inc, due Mar 15, 2032 0.15%
Sinclair Television Group Inc, due Feb 15, 2033 0.13%
Centene Corp, due Dec 15, 2027 0.09%
Discovery Global Holdings Inc, due Mar 15, 2029 0.09%
Only in USHY
PR RNO Property Owner 1 LLC, due May 1, 2031 0.28%
Discovery Global Holdings Inc, due Mar 15, 2042 0.18%
Carvana Co, due Jun 1, 2031 0.17%
Discovery Global Holdings Inc, due Mar 15, 2032 0.16%
Beach Acquisition Bidco LLC, due Jul 15, 2033 0.16%
EchoStar Corp, due Nov 30, 2030 0.15%
Galaxy Helios Data Centers II LLC, due Aug 1, 2031 0.12%
Carvana Co, due Jun 1, 2030 0.10%

Check overlap with more funds →

On the same fields

SCYB
Schwab High Yield Bond ETF
USHY
iShares Broad USD High Yield Corporate Bond ETF
Where it sits Bond ETF Bond ETF
What it is Tracks an index Tracks an index of Broad USD High Yield Corporate Bond
Total return, 1 year +1.0% +1.2%
Its benchmark over the same days −1.9% (AGG) +1.1% (SPHY)
Gap to its benchmark +2.9 pts vs AGG 0.0 pts vs SPHY
Expense ratio 0.03% 0.08%
Holdings 1833 1901
Net assets, SCYB as of May 31, 2026 and USHY as of Oct 20, 2026 $2.5bn $25.6bn

SCYB and USHY 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 USHY

USHY tracks an index of Broad USD High Yield Corporate Bond. Over the year to Oct 20, 2026 it returned +1.2% with distributions reinvested, against +1.1% 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, SCYB or USHY?
In the year to Oct 20, 2026, with distributions reinvested, SCYB returned +1.0% and USHY +1.2%.
Which is cheaper, SCYB or USHY?
SCYB is cheaper, by 0.05 percentage points a year. That is about $5 on $10,000 held for a year. Fees come from each fund's prospectus.
Cite this pageCitation, APA and Markdown

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

Open data

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