Data as of Oct 28, 2026.

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USHY vs VGLT: Differences, Returns & Fees

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USHY's duration was 3.0 years on Jul 31, 2026 and VGLT's 13.5 on May 31, 2026; VGLT charges 0.03% to USHY's 0.08%.

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Net assets: $26.3bn on Oct 27, 2026 for iShares Broad USD High Yield Corporate Bond ETF, and $10.4bn on Sep 30, 2026 for Vanguard Long-Term Treasury ETF.

At a glance
+1.7%
USHY total return, 1 year
−6.7%
VGLT total return, 1 year
0.08%
USHY expense ratio
0.03%
VGLT expense ratio

Pair scorecard

VGLT costs 0.05 points a year less; their one-year returns differ by 8.4 points; USHY is 2.5 times larger.

USHY vs VGLT: Differences, Returns & Fees
MeasureUSHYVGLT
Return
Total return, 1 year+1.7%−6.7%
Drawdown
Below its high38.8%, high on Aug 4, 2020
Benchmark
What it tracksICE BofA US High Yield Constrained IndexBloomberg U.S. Long Treasury Index
Cost and size
Expense ratio0.08%0.03%
Net assets, as of Sep 30, 2026$26.0bn$10.4bn
Holdings
Holdings in common0%

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

What they share

0%

By the books each fund has filed, USHY and VGLT hold 0% of their money in the same securities at the same weight. Holdings dated May 31, 2026 and Jul 31, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first USHY VGLT
Only in one fund ↓
Only in USHY
1261229 BC Ltd, due Apr 15, 2032 0.47%
Meridian Arc Holdco LLC, due Apr 30, 2031 0.39%
EchoStar Corp, due Nov 30, 2029 0.39%
Quikrete Holdings Inc, due Mar 1, 2032 0.29%
PR RNO Property Owner 1 LLC, due May 1, 2031 0.28%
Asurion LLC/ Asurion Co-Issuer Inc, due Dec 31, 2032 0.26%
Cloud Software Group LLC, due Mar 31, 2029 0.26%
Cloud Software Group LLC, due Sep 30, 2029 0.25%
Only in VGLT
US TREASURY N/B, due Feb 15, 2056 2.22%
US TREASURY N/B, due Aug 15, 2055 2.21%
US TREASURY N/B, due May 15, 2055 2.21%
US TREASURY N/B, due May 15, 2054 2.17%
US TREASURY N/B, due Feb 15, 2055 2.17%
US TREASURY N/B, due Nov 15, 2055 2.17%
US TREASURY N/B, due Nov 15, 2053 2.14%
US TREASURY N/B, due Nov 15, 2054 2.13%
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Side by side

USHY iShares Broad USD High Yield Corporate Bond ETF VGLT Vanguard Long-Term Treasury ETF
Where it sits Bond ETF Bond ETF
What it is Tracks an index of Broad USD High Yield Corporate Bond Tracks an index of Long-term Treasury
Total return, 1 year +1.7% −6.7%
Its benchmark over the same days +1.8% (SPHY) −6.7% (SCHQ)
Gap to its benchmark −0.1 pts vs SPHY 0.0 pts vs SCHQ
Expense ratio 0.08% 0.03%
Holdings 1900 102
Net assets, USHY as of Oct 27, 2026 and VGLT as of Sep 30, 2026 $26.3bn $10.4bn

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

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About each fund
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.

VGLT

VGLT tracks an index of Long-term Treasury. Over the year to Oct 28, 2026 it returned −6.7% with distributions reinvested, against −6.7% for its benchmark, the Bloomberg U.S. Long Treasury Index. The prospectus expense ratio is 0.03% a year. It sat 38.8% below its high of Aug 4, 2020 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, USHY or VGLT?
In the year to Oct 28, 2026, with distributions reinvested, USHY returned +1.7% and VGLT −6.7%.
Which is cheaper, USHY or VGLT?
VGLT 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.
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ETFIQ, USHY against VGLT, data as of Oct 28, 2026. https://etfiq.com/compare/any/ushy-vs-vglt

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