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CVYvsHYGHETF Comparison

ETF 1
CVY

Invesco Zacks Multi-Asset Income ETF

This fund is part of
Alternatives
-0.73%
VS
ETF 2
HYGH

iShares Interest Rate Hedged High Yield Bond ETF

This fund is part of
Alternatives
-0.73%

Invesco Zacks Multi-Asset Income ETF (CVY) and iShares Interest Rate Hedged High Yield Bond ETF (HYGH) belong to the same industry segment: Alternatives. CVY is more expensive with a Total Expense Ratio (TER) of 1.15%, versus 1.12% for HYGH. CVY is up 11.94% year-to-date (YTD) with -$4M in YTD flows. HYGH performs worse with 3.06% YTD performance, and +$225M in YTD flows. Run a side-by-side ETF comparison of CVY and HYGH below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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CVY vs HYGH performance and flow charts

Performance

-5.0-4.0-3.0-2.0-1.00.0%Sep 16Sep 23Sep 30Oct 7Oct 14

Cumulative Flows

0 M2 M4 M6 M8 MSep 16Sep 23Sep 30Oct 7Oct 14

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Historic performance and flows
Data as of 10/16/2026
1M3MYTD1Y3Y5Y
Perf.
CVY
HYGH
-2.13%-1.48%
-2.06%-0.57%
+11.94%+3.06%
+16.83%+5.43%
+50.80%+28.40%
+45.72%+37.60%
Flows
CVY
HYGH
-+$9M
-$302K+$95M
-$4M+$225M
-$5M+$233M
-$7M+$488M
-$28M+$542M
Volatility and drawdown
3M1Y3Y5Y
Volatility
CVY
HYGH
+8.96%+2.39%
+10.32%+2.98%
+13.63%+4.36%
+15.73%+6.57%
Max drawdown
CVY
HYGH
-7.55%-1.73%
-7.55%-1.73%
-16.51%-5.55%
-21.89%-8.13%
Max drawdown duration
CVY
HYGH
43d25d
43d25d
213d78d
695d252d
Trading data

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CVY
HYGH
Last sale
10/16/2026 at 1:30 PM
$29.08
$84.69
Previous close
10/15/2026
$28.92
$84.99
Consolidated volume
10/15/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of September 30, 2026
1-year trailing difference

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CVY
HYGH
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 10/16/2026 at 1:30 PM
Live
Closed
CVY
HYGH
Last price
$29.08
$84.69
1D performance
+0.55%
-0.35%
AuM$119.29 M$651.97 M
E/R1.15%1.12%
Characteristics
CVY
HYGH
Management strategyPassivePassive
ProviderInvescoiShares
BenchmarkZacks Multi Asset Income IndexBlackRock Interest Rate Hedged High Yield Bond Index
N° of holdings--
Asset classAlternative-
Trailing 12m distribution yield
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Inception dateSeptember 21, 2006May 24, 2014
ESGNoNo
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Exposure

Countries

CVY
Data will be available soon
HYGH
Data will be available soon

Sectors

CVY
Data will be available soon
HYGH
Data will be available soon

Diversification

CVY
Data will be available soon
HYGH
Data will be available soon

Top 15 holdings

Data as of January 1, 1970
CVY
Data will be available soon
HYGH
Data will be available soon
Frequently asked questions about CVY and HYGH

How have the CVY and HYGH ETFs performed in 2026?

As of October 16, 2026, CVY is up 11.94% year-to-date (YTD), while HYGH has returned 3.06%. That puts CVY better performer ahead so far this year.

Which ETF is attracting more investor money: CVY or HYGH?

Year-to-date, the CVY ETF saw -$4M in flows, compared to +$225M for HYGH.

Which ETF is more volatile: CVY or HYGH?

Over the past year, CVY had a volatility of 10.32%, while HYGH experienced 2.98%.

Which ETF is bigger: CVY or HYGH?

As of October 16, 2026, CVY holds $119.29 M in assets under management (AUM), while HYGH manages $651.97 M.

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