Data as of Oct 28, 2026.

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USHY vs VO: Differences, Returns & Fees

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Over the year to Oct 28, 2026, USHY returned +1.7% to VO's +12.8%; 0% of their weight is in the same names.

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Net assets: $26.3bn on Oct 27, 2026 for iShares Broad USD High Yield Corporate Bond ETF, and $103.4bn on Sep 30, 2026 for Vanguard Morningstar Mid-Cap ETF.

At a glance
+1.7%
USHY total return, 1 year
+12.8%
VO total return, 1 year
0.08%
USHY expense ratio
0.03%
VO expense ratio

Pair scorecard

VO costs 0.05 points a year less; their one-year returns differ by 11.1 points; VO is 4.0 times larger.

USHY vs VO: Differences, Returns & Fees
MeasureUSHYVO
Return
Total return, 1 year+1.7%+12.8%
Drawdown
Below its high3.1%, high on Aug 14, 2026
Benchmark
What it tracksICE BofA US High Yield Constrained IndexMorningstar US Mid Cap Index (formerly CRSP US Mid Cap Index)
Cost and size
Expense ratio0.08%0.03%
Net assets, as of Sep 30, 2026$26.0bn$103.4bn
Holdings
Holdings in common0%
In the S&P 500, by weight91%
Top ten holdings, share of the fund9.7%

Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method

What they share

0%

By the books each fund has filed, USHY and VO hold 0% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first USHY VO
Only in one fund ↓
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%
Only in VO
Cloudflare Inc 1.11%
Valero Energy Corp 1.10%
Marathon Petroleum Corp 1.10%
Phillips 66 1.01%
Quanta Services Inc 0.95%
Vertiv Holdings Co 0.92%
Datadog Inc 0.91%
Howmet Aerospace Inc 0.89%
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Side by side

USHY iShares Broad USD High Yield Corporate Bond ETF VO Vanguard Morningstar Mid-Cap ETF
Where it sits Bond ETF Stock ETF
What it is Tracks an index of Broad USD High Yield Corporate Bond Tracks an index of Mid-Cap
Total return, 1 year +1.7% +12.8%
Its benchmark over the same days +1.8% (SPHY) not measured
Gap to its benchmark −0.1 pts vs SPHY not measured
Expense ratio 0.08% 0.03%
Holdings 1900 273
Net assets, USHY as of Oct 27, 2026 and VO as of Sep 30, 2026 $26.3bn $103.4bn

USHY and VO 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.

VO

VO tracks an index of Mid-Cap. Over the year to Oct 28, 2026 it returned +12.8% with distributions reinvested. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer as of Sep 30, 2026, 91% of the fund by weight is stocks the S&P 500 also holds, across 273 positions, with the top ten at 9.7%. It sat 3.1% below its high of Aug 14, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, USHY or VO?
In the year to Oct 28, 2026, with distributions reinvested, USHY returned +1.7% and VO +12.8%.
Which is cheaper, USHY or VO?
VO 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 VO, data as of Oct 28, 2026. https://etfiq.com/compare/any/ushy-vs-vo

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