HYLBvsHYGETF Comparison
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Xtrackers USD High Yield Corporate Bond ETF (HYLB) belongs to the US Corporate HY Bonds segment. iShares iBoxx $ High Yield Corporate Bond ETF (HYG) is part of the Intl HY Bonds segment. Both ETFs have the same top 3 sector exposures: Media, Pipelines and Medical services. HYLB is less expensive with a Total Expense Ratio (TER) of 0.05%, versus 0.49% for HYG. HYLB is up 1.2% year-to-date (YTD) with -$627M in YTD flows. HYG performs worse with 1.2% YTD performance, and -$2.95B in YTD flows. Run a side-by-side ETF comparison of HYLB and HYG 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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HYLB vs HYG performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 04/28/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | HYLB HYG | +2.29%+2.67% | +0.69%+0.53% | +1.20%+1.20% | +8.55%+8.41% | +28.28%+27.94% | +22.28%+20.90% |
| Flows | HYLB HYG | +$244M-$162M | -$113M-$857M | -$627M-$2.95B | -$40M+$2.20B | -$637M+$605M | -$2.86B-$4.31B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | HYLB HYG | +3.54%+3.96% | +2.61%+2.89% | +3.69%+4.05% | +5.15%+5.51% |
| Max drawdown | HYLB HYG | -2.14%-2.28% | -2.14%-2.28% | -3.68%-3.71% | -15.02%-15.34% |
| Max drawdown duration | HYLB HYG | 50d49d | 50d49d | 68d72d | 728d798d |
Trading data
HYLB | HYG | |
Last sale 4/29/2026 at 1:30 PM | $36.62 | $80.13 |
| Previous close 04/28/2026 | $36.74 | $80.40 |
| Consolidated volume 04/28/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of March 31, 2026
1-year trailing difference
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HYLB | HYG | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 4/29/2026 at 1:30 PM
Live
Closed
HYLB | HYG | |
|---|---|---|
| Last price | $36.62 | $80.13 |
| 1D performance | -0.33% | -0.34% |
| AuM | $3.39 B | $16.85 B |
| E/R | 0.05% | 0.49% |
Characteristics
HYLB | HYG | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | Xtrackers by DWS | iShares |
| Benchmark | Solactive USD High Yield Corporates Total Market Index | Markit iBoxx USD Liquid High Yield Index |
| N° of holdings | 941 | 969 |
| Asset class | Bonds | Bonds |
| Trailing 12m distribution yield | Join | Join |
| Inception date | December 6, 2016 | April 4, 2007 |
| ESG | No | No |
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Exposure
Countries
HYLB
USA
89.7%
Other
10.3%
HYG
USA
89.69%
Other
10.31%
Sectors
HYLB
Other
100%
HYG
Other
100%
Diversification
HYLB
Total weight of top 15 holdings out of 15
5.13%
HYG
Total weight of top 15 holdings out of 15
5.75%
Top 15 holdings
Data as of March 31, 2026
HYLB
US68288AAA51
0.57%
EchoStar, 10.75% 30nov2029, USD
0.56%
Quikrete Holdings, 6.375% 1mar2032, USD
0.37%
Cloud Software Group, 6.5% 31mar2029, USD
0.36%
Cloud Software Group, 9% 30sep2029, USD
0.34%
DISH Network, 11.75% 15nov2027, USD
0.33%
US045941AA96
0.32%
Hub International, 7.25% 15jun2030, USD
0.31%
Venture Global LNG, 9.5% 1feb2029, USD
0.30%
US045941AB79
0.30%
RP Escrow Issuer, 7.125% 1jun2031, USD
0.28%
US143658CA82
0.28%
CCO Holdings, 4.75% 1mar2030, USD
0.27%
Emerald Debt Merger Sub, 6.625% 15dec2030, USD
0.26%
TransDigm, 6.375% 1mar2029, USD
0.26%
HYG
US0669224778
1.05%
US68288AAA51
0.59%
Quikrete Holdings, 6.375% 1mar2032, USD
0.37%
US78488XAA28
0.34%
US045941AA96
0.34%
Cloud Software Group, 6.5% 31mar2029, USD
0.34%
EchoStar, 10.75% 30nov2029, USD
0.34%
DISH Network, 11.75% 15nov2027, USD
0.33%
US982911AA70
0.32%
Cloud Software Group, 9% 30sep2029, USD
0.31%
US045941AB79
0.30%
Hub International, 7.25% 15jun2030, USD
0.29%
Venture Global LNG, 9.5% 1feb2029, USD
0.29%
RP Escrow Issuer, 7.125% 1jun2031, USD
0.28%
American Airlines, 5.75% 20apr2029, USD
0.27%
Frequently asked questions about HYLB and HYG
How have the HYLB and HYG ETFs performed in 2026?
As of April 28, 2026, HYLB is up 1.2% year-to-date (YTD), while HYG has returned 1.2%. That puts HYLB better performer ahead so far this year.
Which ETF is attracting more investor money: HYLB or HYG?
Year-to-date, the HYLB ETF saw -$627M in flows, compared to -$2.95B for HYG.
Which ETF is more volatile: HYLB or HYG?
Over the past year, HYLB had a volatility of 2.61%, while HYG experienced 2.89%.
Which ETF is bigger: HYLB or HYG?
As of April 28, 2026, HYLB holds $3.39 B in assets under management (AUM), while HYG manages $16.85 B.
What are the top holdings of the HYLB ETF and HYG ETF?
HYLB top holdings include US68288AAA51, EchoStar, 10.75% 30nov2029, USD and Quikrete Holdings, 6.375% 1mar2032, USD. HYG holds in its top three: US0669224778, US68288AAA51 and Quikrete Holdings, 6.375% 1mar2032, USD.
Which ETF is more diversified: HYLB or HYG?
HYLB holds 1246 securities with 5.13% of its assets in the top 15. HYG has 1316 securities and a top 15 weight of 5.75%.
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