HYGvsHYLBETF Comparison
VS
iShares iBoxx $ High Yield Corporate Bond ETF (HYG) belongs to the Intl HY Bonds segment. Xtrackers USD High Yield Corporate Bond ETF (HYLB) is part of the US Corporate HY Bonds segment. Both ETFs have the same top 3 sector exposures: Finance, Consumer Services and Industrials. HYG is more expensive with a Total Expense Ratio (TER) of 0.49%, versus 0.05% for HYLB. HYG is up 2.23% year-to-date (YTD) with -$4.18B in YTD flows. HYLB performs better with 2.44% YTD performance, and -$451M in YTD flows. Run a side-by-side ETF comparison of HYG and HYLB 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 HYLB performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/08/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | HYG HYLB | +0.21%+0.22% | +1.06%+1.18% | +2.23%+2.44% | +3.89%+4.33% | +26.89%+27.54% | +19.47%+21.00% |
| Flows | HYG HYLB | -$2.45B+$37M | -$943M+$77M | -$4.18B-$451M | -$2.44B-$306M | +$29M-$417M | -$2.98B-$2.67B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | HYG HYLB | +2.30%+1.97% | +2.85%+2.53% | +3.79%+3.47% | +5.54%+5.16% |
| Max drawdown | HYG HYLB | -0.74%-0.62% | -2.28%-2.14% | -3.71%-3.68% | -15.34%-15.02% |
| Max drawdown duration | HYG HYLB | 28d28d | 49d50d | 72d68d | 798d728d |
Trading data
HYG | HYLB | |
Last sale 9/9/2026 at 3:41 PM | $79.02 | $36.07 |
| Previous close 09/08/2026 | $79.12 | $36.12 |
| 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 | HYLB | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Main metrics
Last update 9/9/2026 at 3:41 PM
Live
Closed
HYG | HYLB | |
|---|---|---|
| Last price | $79.02 | $36.07 |
| 1D performance | -0.13% | -0.14% |
| AuM | $15.37 B | $3.52 B |
| E/R | 0.49% | 0.05% |
Characteristics
HYG | HYLB | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | iShares | Xtrackers by DWS |
| Benchmark | Markit iBoxx USD Liquid High Yield Index | Solactive USD High Yield Corporates Total Market Index |
| N° of holdings | 1319 | 1262 |
| Asset class | Bonds | Bonds |
| Trailing 12m distribution yield | Join | Join |
| Inception date | April 4, 2007 | December 6, 2016 |
| ESG | No | No |
Exposure
Countries
HYG
USA
87.57%
Other
12.43%
HYLB
USA
87.3%
Other
12.7%
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%
HYLB
Finance
17.98%
Consumer Services
13.9%
Industrials
10.63%
Non-Energy Materi.
9.26%
Energy
8.63%
Business Services
7.84%
Other
31.76%
Diversification
HYG
Total weight of top 15 holdings out of 15
5.79%
HYLB
Total weight of top 15 holdings out of 15
5.13%
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%
HYLB
1261229 B.C., 10% 15apr2032, USD
0.55%
EchoStar, 10.75% 30nov2029, USD
0.54%
PR RNO Property Owner 1, 6.5% 1may2031, USD
0.40%
Quikrete Holdings, 6.375% 1mar2032, USD
0.36%
Cloud Software Group, 6.5% 31mar2029, USD
0.35%
Cloud Software Group, 9% 30sep2029, USD
0.34%
Nexstar Media, 6.5% 15sep2033, USD
0.31%
Hub International, 7.25% 15jun2030, USD
0.30%
Asurion LLC, 8% 31dec2032, USD
0.30%
Venture Global LNG, 9.5% 1feb2029, USD
0.29%
RP Escrow Issuer, 7.125% 1jun2031, USD
0.29%
Centene, 4.625% 15dec2029, USD
0.29%
Carnival Corp, 5.75% 1aug2032, USD
0.27%
Asurion LLC, 8.375% 1feb2034, USD
0.27%
Oak-Eagle AcquireCo, 7.25% 1jul2033, USD
0.27%
Frequently asked questions about HYG and HYLB
How have the HYG and HYLB ETFs performed in 2026?
As of September 8, 2026, HYG is up 2.23% year-to-date (YTD), while HYLB has returned 2.44%. That puts HYLB better performer ahead so far this year.
Which ETF is attracting more investor money: HYG or HYLB?
Year-to-date, the HYG ETF saw -$4.18B in flows, compared to -$451M for HYLB.
Which ETF is more volatile: HYG or HYLB?
Over the past year, HYG had a volatility of 2.85%, while HYLB experienced 2.53%.
Which ETF is bigger: HYG or HYLB?
As of September 8, 2026, HYG holds $15.37 B in assets under management (AUM), while HYLB manages $3.52 B.
What sectors do the HYG and HYLB ETFs invest in?
HYG leans toward sectors like Finance, Consumer Services and Industrials. Meanwhile, HYLB focuses on Finance, Consumer Services and Industrials.
What are the top holdings of the HYG ETF and HYLB ETF?
HYG top holdings include BlackRock Cash Funds - Treasury, 1261229 B.C., 10% 15apr2032, USD and Meridian Arc HoldCo, 6.25% 30apr2031, USD. HYLB holds in its top three: 1261229 B.C., 10% 15apr2032, USD, EchoStar, 10.75% 30nov2029, USD and PR RNO Property Owner 1, 6.5% 1may2031, USD.
Which ETF is more diversified: HYG or HYLB?
HYG holds 1325 securities with 5.79% of its assets in the top 15. HYLB has 1265 securities and a top 15 weight of 5.13%.
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