VGHYvsBIVETF Comparison
VS
Vanguard High-Yield Active ETF (VGHY) belongs to the Intl HY Bonds segment. Vanguard Intermediate-Term Bond ETF (BIV) is part of the US Government Bonds segment. VGHY's top 3 sector exposures are Consumer Services, Finance and Non-Energy Materials. In contrast, BIV's top sector exposures are Sovereign, Finance and Utilities. VGHY is more expensive with a Total Expense Ratio (TER) of 0.22%, versus 0.03% for BIV. VGHY is down -0.07% year-to-date (YTD) with +$180M in YTD flows. BIV performs worse with -3.06% YTD performance, and +$2.95B in YTD flows. Run a side-by-side ETF comparison of VGHY and BIV below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
VGHY vs BIV performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/14/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | VGHY BIV | -1.79%-0.85% | -1.93%-2.62% | -0.07%-3.06% | +1.89%-2.79% | n/a+14.87% | n/a-2.09% |
| Flows | VGHY BIV | +$6M+$95M | +$25M+$170M | +$180M+$2.95B | +$250M+$4.30B | -+$13.36B | -+$16.77B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | VGHY BIV | +2.95%+4.34% | +2.82%+4.07% | n/a+5.16% | n/a+6.30% |
| Max drawdown | VGHY BIV | -2.82%-3.66% | -2.82%-5.46% | n/a-5.46% | n/a-17.58% |
| Max drawdown duration | VGHY BIV | 48d50d | 48d227d | n/a227d | n/a1403d |
Trading data
VGHY | BIV | |
Last sale 10/15/2026 at 1:30 PM | $72.16 | $73.54 |
| Previous close 10/14/2026 | $71.94 | $73.07 |
| Consolidated volume 10/14/2026 | ||
| 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
Create an account to view replication metrics
Join for free
VGHY
is actively managed and doesn’t replicate an indexVGHY | BIV | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 10/15/2026 at 1:30 PM
Live
Closed
VGHY | BIV | |
|---|---|---|
| Last price | $72.16 | $73.54 |
| 1D performance | +0.31% | +0.64% |
| AuM | $310.91 M | $28.22 B |
| E/R | 0.22% | 0.03% |
Advertisement
Exposure
Countries
VGHY
USA
77.69%
Other
22.31%
BIV
USA
87.05%
Other
12.95%
Sectors
VGHY
Consumer Services
13.53%
Finance
11.81%
Non-Energy Materi.
10.05%
Industrials
9.43%
Energy
8.1%
Other
47.08%
BIV
Sovereign
54.89%
Finance
17.59%
Other
27.52%
Advertisement
Diversification
VGHY
Total weight of top 15 holdings out of 15
10.82%
BIV
Total weight of top 15 holdings out of 15
29.49%
Top 15 holdings
Data as of August 31, 2026
VGHY
USA, Notes 4.125% 15jun2029, USD (AP-2029)
0.92%
USA, Notes 3.625% 31mar2030, USD (J-2030)
0.90%
Nissan Motor Acceptance, 6.125% 30sep2030, USD (J)
0.89%
CCO Holdings, 4.5% 1may2032, USD
0.85%
PR RNO Property Owner 1, 6.5% 1may2031, USD
0.84%
1261229 B.C., 10% 15apr2032, USD
0.74%
TransDigm, 6.375% 31may2033, USD
0.70%
Cleveland-Cliffs, 4.625% 1mar2029, USD
0.70%
ZF Friedrichshafen, 7.5% 24mar2031, USD
0.69%
IQVIA Inc., 5% 15oct2026, USD
0.66%
Hawaiian Electric Company, 6% 1oct2033, USD
0.62%
JetBlue Airways, 9.875% 20sep2031, USD
0.62%
Transocean International, 8.5% 15may2031, USD
0.58%
Oak-Eagle AcquireCo, 8.75% 1jul2034, USD
0.56%
Burford Capital Ltd., 8.5% 15jan2034, USD
0.55%
BIV
USA, Notes 4% 15feb2034, USD (B-2034)
2.12%
USA, Notes 4.375% 15may2034, USD (C-2034)
2.11%
USA, Notes 4.625% 15feb2035, USD (B-2035)
2.08%
USA, Notes 4.25% 15nov2034, USD (F-2034)
2.07%
USA, Notes 4.125% 15feb2036, USD (B-2036)
2.05%
USA, Notes 4.25% 15may2035, USD (C-2035)
2.04%
USA, Notes 4.25% 15aug2035, USD (E-2035)
2.04%
USA, Notes 4% 15nov2035, USD (F-2035)
2.03%
USA, Notes 4.5% 15nov2033, USD (F-2033)
2.02%
USA, Notes 3.875% 15aug2034, USD (E-2034)
2.00%
USA, Notes 4.375% 15may2036, USD (C-2036)
2.00%
USA, Notes 3.875% 15aug2033, USD (E-2033)
1.83%
USA, Notes 4.125% 15nov2032, USD (F-2032)
1.72%
USA, Notes 1.375% 15nov2031, USD (F-2031)
1.70%
USA, Notes 3.5% 15feb2033, USD (B-2033)
1.65%
Frequently asked questions about VGHY and BIV
How have the VGHY and BIV ETFs performed in 2026?
As of October 14, 2026, VGHY is down -0.07% year-to-date (YTD), while BIV has lost -3.06%. That puts VGHY better performer ahead so far this year.
Which ETF is attracting more investor money: VGHY or BIV?
Year-to-date, the VGHY ETF saw +$180M in flows, compared to +$2.95B for BIV.
Which ETF is more volatile: VGHY or BIV?
Over the past year, VGHY had a volatility of 2.82%, while BIV experienced 4.07%.
Which ETF is bigger: VGHY or BIV?
As of October 14, 2026, VGHY holds $310.91 M in assets under management (AUM), while BIV manages $28.22 B.
What sectors do the VGHY and BIV ETFs invest in?
VGHY leans toward sectors like Consumer Services, Finance and Non-Energy Materials. Meanwhile, BIV focuses on Sovereign and Finance.
What are the top holdings of the VGHY ETF and BIV ETF?
VGHY top holdings include USA, Notes 4.125% 15jun2029, USD (AP-2029), USA, Notes 3.625% 31mar2030, USD (J-2030) and Nissan Motor Acceptance, 6.125% 30sep2030, USD (J). BIV holds in its top three: USA, Notes 4% 15feb2034, USD (B-2034), USA, Notes 4.375% 15may2034, USD (C-2034) and USA, Notes 4.625% 15feb2035, USD (B-2035).
Which ETF is more diversified: VGHY or BIV?
VGHY holds 570 securities with 10.82% of its assets in the top 15. BIV has 2344 securities and a top 15 weight of 29.49%.
Advertisement
Advertisement
