HYGvsHYGWETF Comparison
VS
ETF 2
HYGW
iShares High Yield Corporate Bond BuyWrite Strategy ETF
This fund is part of
Options Strategies
-0.24%
iShares iBoxx $ High Yield Corporate Bond ETF (HYG) belongs to the Intl HY Bonds segment. iShares High Yield Corporate Bond BuyWrite Strategy ETF (HYGW) is part of the Options Strategies segment. Both ETFs have the same top 3 sector exposures: Finance, Consumer Services and Industrials. HYG is less expensive with a Total Expense Ratio (TER) of 0.49%, versus 0.69% for HYGW. HYG is up 2.25% year-to-date (YTD) with -$4.16B in YTD flows. HYGW performs better with 3.1% YTD performance, and -$139M in YTD flows. Run a side-by-side ETF comparison of HYG 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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HYG vs HYGW performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/04/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | HYG HYGW | +0.22%+0.14% | +0.79%+1.38% | +2.25%+3.10% | +4.18%+5.29% | +26.91%+17.55% | +19.50%n/a |
| Flows | HYG HYGW | -$1.59B- | -$577M+$4M | -$4.16B-$139M | -$2.14B-$106M | -$148M+$101M | -$2.96B- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | HYG HYGW | +2.41%+2.51% | +2.85%+2.96% | +3.79%+3.72% | +5.54%n/a |
| Max drawdown | HYG HYGW | -0.74%-0.61% | -2.28%-1.71% | -3.71%-3.65% | -15.34%n/a |
| Max drawdown duration | HYG HYGW | 28d19d | 49d64d | 72d88d | 798dn/a |
Trading data
HYG | HYGW | |
Last sale 9/8/2026 at 1:30 PM | $79.12 | $28.74 |
| Previous close 09/08/2026 | $79.16 | $28.78 |
| Consolidated volume 09/08/2026 | ||
| 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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HYG | 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 9/8/2026 at 1:30 PM
Live
Closed
HYG | HYGW | |
|---|---|---|
| Last price | $79.12 | $28.74 |
| 1D performance | -0.05% | -0.13% |
| AuM | $15.39 B | $111.32 M |
| E/R | 0.49% | 0.69% |
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Exposure
Countries
HYG
USA
87.57%
Other
12.43%
HYGW
USA
87.63%
Other
12.37%
Sectors
HYG
Finance
18.16%
Consumer Services
13.29%
Industrials
9.33%
Energy
8.71%
Non-Energy Materi.
8.18%
Business Services
7.49%
Other
34.83%
HYGW
Finance
18.14%
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
HYG
Total weight of top 15 holdings out of 15
5.79%
HYGW
Total weight of top 15 holdings out of 15
5.94%
Top 15 holdings
Data as of July 31, 2026
HYG
BlackRock Cash Funds - Treasury
0.99%
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%
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 HYG and HYGW
How have the HYG and HYGW ETFs performed in 2026?
As of September 4, 2026, HYG is up 2.25% year-to-date (YTD), while HYGW has returned 3.1%. That puts HYGW better performer ahead so far this year.
Which ETF is attracting more investor money: HYG or HYGW?
Year-to-date, the HYG ETF saw -$4.16B in flows, compared to -$139M for HYGW.
Which ETF is more volatile: HYG or HYGW?
Over the past year, HYG had a volatility of 2.85%, while HYGW experienced 2.96%.
Which ETF is bigger: HYG or HYGW?
As of September 4, 2026, HYG holds $15.39 B in assets under management (AUM), while HYGW manages $111.32 M.
What sectors do the HYG and HYGW ETFs invest in?
HYG leans toward sectors like Finance, Consumer Services and Industrials. Meanwhile, HYGW focuses on Finance, Consumer Services and Industrials.
What are the top holdings of the HYG ETF and HYGW ETF?
HYG top holdings include BlackRock Cash Funds - Treasury, 1261229 B.C., 10% 15apr2032, USD and Meridian Arc HoldCo, 6.25% 30apr2031, 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: HYG or HYGW?
HYG holds 1325 securities with 5.79% of its assets in the top 15. HYGW has 1325 securities and a top 15 weight of 5.94%.
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Latest news about HYG & HYGW
The Weekly ETF Market Monitor (August 24-28, 2026)
August 31, 2026
HYG
The Weekly ETF Market Monitor (August 17-21, 2026)
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HYG
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