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HYBXvsHYGWETF Comparison

ETF 1
HYBX

TCW High Yield Bond ETF

This fund is part of
Intl HY Bonds
+0.09%
VS
ETF 2
HYGW

iShares High Yield Corporate Bond BuyWrite Strategy ETF

This fund is part of
Options Strategies
+0.72%

TCW High Yield Bond ETF (HYBX) belongs to the Intl HY Bonds segment. iShares High Yield Corporate Bond BuyWrite Strategy ETF (HYGW) is part of the Options Strategies segment. HYBX's top 3 sector exposures are Finance, Consumer Services and Business Services. In contrast, HYGW's top sector exposures are Finance, Consumer Services and Industrials. HYBX is less expensive with a Total Expense Ratio (TER) of 0.5%, versus 0.69% for HYGW. HYBX is up 2.99% year-to-date (YTD) with -$6M in YTD flows. HYGW performs better with 3.19% YTD performance, and -$139M in YTD flows. Run a side-by-side ETF comparison of HYBX and HYGW 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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HYBX vs HYGW performance and flow charts

Performance

0.00.20.40.60.8%Aug 3Aug 10Aug 17Aug 24Aug 31

Cumulative Flows

-2,500,000-2,000,000-1,500,000-1,000,000-500,0000Aug 3Aug 10Aug 17Aug 24Aug 31

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Historic performance and flows
Data as of 09/03/2026
1M3MYTD1Y3Y5Y
Perf.
HYBX
HYGW
+0.75%+0.46%
+1.15%+1.37%
+2.99%+3.19%
+4.37%+5.68%
n/a+17.80%
n/an/a
Flows
HYBX
HYGW
-$3M-
-$3M+$4M
-$6M-$139M
-$11M-$106M
-+$101M
--
Volatility and drawdown
3M1Y3Y5Y
Volatility
HYBX
HYGW
+1.93%+2.63%
+2.32%+2.96%
n/a+3.72%
n/an/a
Max drawdown
HYBX
HYGW
-0.80%-0.61%
-1.75%-1.71%
n/a-3.65%
n/an/a
Max drawdown duration
HYBX
HYGW
28d19d
75d64d
n/a88d
n/an/a
Trading data

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HYBX
HYGW
Last sale
9/4/2026 at 1:30 PM
$29.41
$28.78
Previous close
09/03/2026
$29.52
$28.77
Consolidated volume
09/03/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of August 31, 2026
1-year trailing difference

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HYBX
is actively managed and doesn’t replicate an index

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HYBX
HYGW
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 9/4/2026 at 1:30 PM
Live
Closed
HYBX
HYGW
Last price
$29.41
$28.78
1D performance
-0.37%
+0.03%
AuM$28.72 M$111.42 M
E/R0.5%0.69%
Characteristics
HYBX
HYGW
Management strategyActivePassive
ProviderTCWiShares
Benchmark-Cboe HYG BuyWrite Index
N° of holdings2381318
Asset class-Fixed Income
Trailing 12m distribution yield
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Inception dateNovember 15, 2024August 19, 2022
ESGNoNo
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Exposure

Countries

HYBX
USA
84.11%
Other
15.89%
HYGW
USA
87.62%
Other
12.38%

Sectors

HYBX
Finance
14.76%
Consumer Services
14.6%
Business Services
9.84%
Industrials
7.99%
Utilities
7.24%
Energy
7.16%
Other
38.4%
HYGW
Finance
18.13%
Consumer Services
13.28%
Industrials
9.32%
Energy
8.7%
Non-Energy Materi.
8.17%
Business Services
7.48%
Other
34.91%
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Diversification

HYBX

Total weight of top 15 holdings out of 15

17.4%
HYGW

Total weight of top 15 holdings out of 15

5.94%

Top 15 holdings

Data as of July 31, 2026
HYBX
Tcw Central Cash Fund
3.26%
CCO Holdings, 5.375% 1jun2029, USD
1.39%
Griffin Global Asset Management, 8% 15feb2027, USD
1.29%
State Street Institutional US Government Money Market Fund
1.17%
CCO Holdings, 7.375% 1feb2036, USD
1.16%
1261229 B.C., 10% 15apr2032, USD
1.07%
EquipmentShare.com, 7.125% 1jul2034, USD
1.00%
Cloud Software Group, 8.25% 30jun2032, USD
0.95%
Yondr JK 1, 6.875% 30jun2031, USD
0.91%
Jane Street Group, 6.125% 1nov2032, USD
0.90%
Warner Bros. Discovery, 5.05% 15mar2042, USD
0.90%
TransDigm, 6.375% 1mar2029, USD
0.89%
Sunoco LP, 7.875% perp., USD (A)
0.85%
EchoStar, 10.75% 30nov2029, USD
0.83%
CenterPoint Energy, 5.95% 1apr2056, USD (D)
0.82%
HYGW
BlackRock Cash Funds - Treasury
1.15%
1261229 B.C., 10% 15apr2032, USD
0.51%
Meridian Arc HoldCo, 6.25% 30apr2031, USD
0.48%
EchoStar, 10.75% 30nov2029, USD
0.42%
PR RNO Property Owner 1, 6.5% 1may2031, USD
0.34%
SV RNO Property Owner 1, 5.875% 1mar2031, USD
0.34%
Quikrete Holdings, 6.375% 1mar2032, USD
0.33%
Cloud Software Group, 9% 30sep2029, USD
0.32%
Cloud Software Group, 6.5% 31mar2029, USD
0.31%
Centene, 4.625% 15dec2029, USD
0.30%
Hub International, 7.25% 15jun2030, USD
0.30%
Venture Global LNG, 9.5% 1feb2029, USD
0.29%
Core Scientific Finance I, 7.75% 15may2031, USD
0.29%
Asurion LLC, 8% 31dec2032, USD
0.29%
Nexstar Media, 6.5% 15sep2033, USD
0.29%
Frequently asked questions about HYBX and HYGW

How have the HYBX and HYGW ETFs performed in 2026?

As of September 3, 2026, HYBX is up 2.99% year-to-date (YTD), while HYGW has returned 3.19%. That puts HYGW better performer ahead so far this year.

Which ETF is attracting more investor money: HYBX or HYGW?

Year-to-date, the HYBX ETF saw -$6M in flows, compared to -$139M for HYGW.

Which ETF is more volatile: HYBX or HYGW?

Over the past year, HYBX had a volatility of 2.32%, while HYGW experienced 2.96%.

Which ETF is bigger: HYBX or HYGW?

As of September 3, 2026, HYBX holds $28.72 M in assets under management (AUM), while HYGW manages $111.42 M.

What sectors do the HYBX and HYGW ETFs invest in?

HYBX leans toward sectors like Finance, Consumer Services and Business Services. Meanwhile, HYGW focuses on Finance, Consumer Services and Industrials.

What are the top holdings of the HYBX ETF and HYGW ETF?

HYBX top holdings include Tcw Central Cash Fund, CCO Holdings, 5.375% 1jun2029, USD and Griffin Global Asset Management, 8% 15feb2027, USD. HYGW holds in its top three: BlackRock Cash Funds - Treasury, 1261229 B.C., 10% 15apr2032, USD and Meridian Arc HoldCo, 6.25% 30apr2031, USD.

Which ETF is more diversified: HYBX or HYGW?

HYBX holds 255 securities with 17.4% of its assets in the top 15. HYGW has 1325 securities and a top 15 weight of 5.94%.

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