HYGvsPTBDETF Comparison
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iShares iBoxx $ High Yield Corporate Bond ETF (HYG) belongs to the Intl HY Bonds segment. Pacer Trendpilot US Bond ETF (PTBD) is part of the US Aggregate Bonds 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 0.6% for PTBD. HYG is up 2.23% year-to-date (YTD) with -$4.18B in YTD flows. PTBD performs worse with 1.52% YTD performance, and -$27M in YTD flows. Run a side-by-side ETF comparison of HYG and PTBD 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 PTBD 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 PTBD | +0.21%+0.13% | +1.06%+0.95% | +2.23%+1.52% | +3.89%+1.03% | +26.89%+14.95% | +19.47%-7.34% |
| Flows | HYG PTBD | -$2.45B+$2M | -$943M+$2M | -$4.18B-$27M | -$2.44B-$39M | +$29M-$98M | -$2.98B-$871M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | HYG PTBD | +2.30%+2.35% | +2.85%+3.33% | +3.79%+4.10% | +5.54%+5.65% |
| Max drawdown | HYG PTBD | -0.74%-0.77% | -2.28%-3.02% | -3.71%-3.71% | -15.34%-25.09% |
| Max drawdown duration | HYG PTBD | 28d28d | 49d53d | 72d343d | 798d1820d |
Trading data
HYG | PTBD | |
Last sale 9/9/2026 at 3:41 PM | $79.02 | $18.93 |
| Previous close 09/08/2026 | $79.12 | $18.93 |
| 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 | PTBD | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 9/9/2026 at 3:41 PM
Live
Closed
HYG | PTBD | |
|---|---|---|
| Last price | $79.02 | $18.93 |
| 1D performance | -0.13% | +0.02% |
| AuM | $15.37 B | $87.06 M |
| E/R | 0.49% | 0.6% |
Characteristics
HYG | PTBD | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | iShares | PACER ETFs |
| Benchmark | Markit iBoxx USD Liquid High Yield Index | Pacer Trendpilot US Bond Index |
| N° of holdings | 1319 | 902 |
| Asset class | Bonds | Fixed Income |
| Trailing 12m distribution yield | Join | Join |
| Inception date | April 4, 2007 | October 22, 2019 |
| ESG | No | No |
Exposure
Countries
HYG
USA
87.57%
Other
12.43%
PTBD
USA
78.19%
Other
21.81%
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%
PTBD
Finance
16.45%
Consumer Services
12.4%
Industrials
8.37%
Energy
7.87%
Non-Energy Materi.
7.29%
Other
47.62%
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Diversification
HYG
Total weight of top 15 holdings out of 15
5.79%
PTBD
Total weight of top 15 holdings out of 15
5.23%
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%
PTBD
1261229 B.C., 10% 15apr2032, USD
0.58%
Meridian Arc HoldCo, 6.25% 30apr2031, USD
0.50%
EchoStar, 10.75% 30nov2029, USD
0.48%
Cloud Software Group, 6.5% 31mar2029, USD
0.33%
TransDigm, 6.375% 1mar2029, USD
0.33%
TransDigm, 6.75% 15aug2028, USD
0.33%
Quikrete Holdings, 6.375% 1mar2032, USD
0.33%
Cloud Software Group, 9% 30sep2029, USD
0.32%
PR RNO Property Owner 1, 6.5% 1may2031, USD
0.32%
SV RNO Property Owner 1, 5.875% 1mar2031, USD
0.30%
Nexstar Media, 6.5% 15sep2033, USD
0.29%
Emerald Debt Merger Sub, 6.625% 15dec2030, USD
0.29%
RP Escrow Issuer, 7.125% 1jun2031, USD
0.28%
Hub International, 7.25% 15jun2030, USD
0.28%
Rakuten Group, 9.75% 15apr2029, USD
0.27%
Frequently asked questions about HYG and PTBD
How have the HYG and PTBD ETFs performed in 2026?
As of September 8, 2026, HYG is up 2.23% year-to-date (YTD), while PTBD has returned 1.52%. That puts HYG better performer ahead so far this year.
Which ETF is attracting more investor money: HYG or PTBD?
Year-to-date, the HYG ETF saw -$4.18B in flows, compared to -$27M for PTBD.
Which ETF is more volatile: HYG or PTBD?
Over the past year, HYG had a volatility of 2.85%, while PTBD experienced 3.33%.
Which ETF is bigger: HYG or PTBD?
As of September 8, 2026, HYG holds $15.37 B in assets under management (AUM), while PTBD manages $87.06 M.
What sectors do the HYG and PTBD ETFs invest in?
HYG leans toward sectors like Finance, Consumer Services and Industrials. Meanwhile, PTBD focuses on Finance, Consumer Services and Industrials.
What are the top holdings of the HYG ETF and PTBD ETF?
HYG top holdings include BlackRock Cash Funds - Treasury, 1261229 B.C., 10% 15apr2032, USD and Meridian Arc HoldCo, 6.25% 30apr2031, USD. PTBD holds in its top three: 1261229 B.C., 10% 15apr2032, USD, Meridian Arc HoldCo, 6.25% 30apr2031, USD and EchoStar, 10.75% 30nov2029, USD.
Which ETF is more diversified: HYG or PTBD?
HYG holds 1325 securities with 5.79% of its assets in the top 15. PTBD has 903 securities and a top 15 weight of 5.23%.
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