HYGvsSHYGETF Comparison
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iShares iBoxx $ High Yield Corporate Bond ETF (HYG) and iShares 0-5 Year High Yield Corporate Bond ETF (SHYG) belong to the same industry segment: Intl HY Bonds. 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 0.3% for SHYG. HYG is down -0.35% year-to-date (YTD) with -$2.50B in YTD flows. SHYG performs better with 0.88% YTD performance, and +$55M in YTD flows. Run a side-by-side ETF comparison of HYG and SHYG 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 SHYG performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/23/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | HYG SHYG | -1.17%-0.87% | -1.52%-0.69% | -0.35%+0.88% | +0.92%+2.16% | +27.08%+25.12% | +17.22%+24.59% |
| Flows | HYG SHYG | +$1.47B+$78M | +$987M+$292M | -$2.50B+$55M | -$2.03B+$528M | +$4.64B+$3.12B | -$1.54B+$2.90B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | HYG SHYG | +3.37%+2.68% | +3.09%+2.55% | +3.72%+3.01% | +5.57%+4.08% |
| Max drawdown | HYG SHYG | -2.98%-2.00% | -2.98%-2.00% | -3.71%-3.66% | -15.34%-8.89% |
| Max drawdown duration | HYG SHYG | 57d57d | 57d57d | 72d72d | 798d561d |
Trading data
HYG | SHYG | |
Last sale 10/23/2026 at 1:30 PM | $77.05 | $41.10 |
| Previous close 10/22/2026 | $77.10 | $41.12 |
| Consolidated volume 10/22/2026 | ||
| 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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HYG | SHYG | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 10/23/2026 at 1:30 PM
Live
Closed
HYG | SHYG | |
|---|---|---|
| Last price | $77.05 | $41.10 |
| 1D performance | -0.06% | -0.05% |
| AuM | $16.58 B | $7.69 B |
| E/R | 0.49% | 0.3% |
Characteristics
HYG | SHYG | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | iShares | iShares |
| Benchmark | Markit iBoxx USD Liquid High Yield Index | Markit iBoxx USD Liquid High Yield 0-5 Index |
| N° of holdings | 1298 | 1133 |
| Asset class | Bonds | Bonds |
| Trailing 12m distribution yield | Join | Join |
| Inception date | April 4, 2007 | October 15, 2013 |
| ESG | No | No |
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Exposure
Countries
HYG
USA
87.01%
Other
12.99%
SHYG
USA
85.48%
Other
14.52%
Sectors
HYG
Finance
17.45%
Consumer Services
13.26%
Industrials
9.37%
Energy
8.74%
Non-Energy Materi.
7.89%
Business Services
7.42%
Other
35.88%
SHYG
Finance
19.03%
Consumer Services
13.58%
Industrials
10.51%
Non-Energy Materi.
8.61%
Energy
7.84%
Technology
7.68%
Other
32.74%
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Diversification
HYG
Total weight of top 15 holdings out of 15
6.2%
SHYG
Total weight of top 15 holdings out of 15
7.37%
Top 15 holdings
Data as of August 31, 2026
HYG
BlackRock Cash Funds - Treasury
1.35%
1261229 B.C., 10% 15apr2032, USD
0.53%
Meridian Arc HoldCo, 6.25% 30apr2031, USD
0.47%
EchoStar, 10.75% 30nov2029, USD
0.45%
PR RNO Property Owner 1, 6.5% 1may2031, USD
0.35%
Quikrete Holdings, 6.375% 1mar2032, USD
0.34%
Cloud Software Group, 6.5% 31mar2029, USD
0.33%
Cloud Software Group, 9% 30sep2029, USD
0.32%
Galaxy Helios Data Center II, 9.875% 1aug2031, USD
0.31%
Asurion LLC, 8% 31dec2032, USD
0.31%
Hub International, 7.25% 15jun2030, USD
0.30%
SV RNO Property Owner 1, 5.875% 1mar2031, USD
0.29%
RP Escrow Issuer, 7.125% 1jun2031, USD
0.29%
Nexstar Media, 6.5% 15sep2033, USD
0.28%
WULF Compute, 7.75% 15oct2030, USD
0.28%
SHYG
BlackRock Cash Funds - Treasury
1.80%
Meridian Arc HoldCo, 6.25% 30apr2031, USD
0.59%
EchoStar, 10.75% 30nov2029, USD
0.53%
PR RNO Property Owner 1, 6.5% 1may2031, USD
0.47%
Cloud Software Group, 6.5% 31mar2029, USD
0.45%
Cloud Software Group, 9% 30sep2029, USD
0.44%
WULF Compute, 7.75% 15oct2030, USD
0.38%
Hub International, 7.25% 15jun2030, USD
0.38%
Venture Global LNG, 9.5% 1feb2029, USD
0.37%
SV RNO Property Owner 1, 5.875% 1mar2031, USD
0.35%
Core Scientific Finance I, 7.75% 15may2031, USD
0.35%
CCO Holdings, 4.75% 1mar2030, USD
0.32%
TransDigm, 6.375% 1mar2029, USD
0.32%
US55342UAR59
0.32%
Mauser Packaging Solutions, 7.875% 15apr2030, USD
0.31%
Frequently asked questions about HYG and SHYG
How have the HYG and SHYG ETFs performed in 2026?
As of October 23, 2026, HYG is down -0.35% year-to-date (YTD), while SHYG has returned 0.88%. That puts SHYG better performer ahead so far this year.
Which ETF is attracting more investor money: HYG or SHYG?
Year-to-date, the HYG ETF saw -$2.50B in flows, compared to +$55M for SHYG.
Which ETF is more volatile: HYG or SHYG?
Over the past year, HYG had a volatility of 3.09%, while SHYG experienced 2.55%.
Which ETF is bigger: HYG or SHYG?
As of October 23, 2026, HYG holds $16.58 B in assets under management (AUM), while SHYG manages $7.69 B.
What sectors do the HYG and SHYG ETFs invest in?
HYG leans toward sectors like Finance, Consumer Services and Industrials. Meanwhile, SHYG focuses on Finance, Consumer Services and Industrials.
What are the top holdings of the HYG ETF and SHYG ETF?
HYG top holdings include BlackRock Cash Funds - Treasury, 1261229 B.C., 10% 15apr2032, USD and Meridian Arc HoldCo, 6.25% 30apr2031, USD. SHYG holds in its top three: BlackRock Cash Funds - Treasury, Meridian Arc HoldCo, 6.25% 30apr2031, USD and EchoStar, 10.75% 30nov2029, USD.
Which ETF is more diversified: HYG or SHYG?
HYG holds 1316 securities with 6.2% of its assets in the top 15. SHYG has 1143 securities and a top 15 weight of 7.37%.
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