FALN vs HYG
iShares Fallen Angels USD Bond ETF against iShares iBoxx $ High Yield Corporate Bond ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
4%
54 shared positions
Fee gap
24 bp
FALN is cheaper
1-year return gap
2.2 pts
HYG is ahead
Larger fund
HYG
$16.5B
Side by side
| FALN | HYG | |
|---|---|---|
| Fund | iShares Fallen Angels USD Bond ETF | iShares iBoxx $ High Yield Corporate Bond ETF |
| Issuer | iShares | iShares |
| Category | High Yield Bond | High Yield Bond |
| Expense ratio | 0.25% | 0.49% |
| Assets | $1.6B | $16.5B |
| Average daily dollar volume | $23M | $4.6B |
| Listed | Jun 14, 2016 | Apr 4, 2007 |
| FrenzyCap score | 75 | 74 |
| 1-month return | −3.5% | −2.1% |
| 3-month return | −4.5% | −2.8% |
| Year to date | −6.1% | −4.5% |
| 1-year return | −7.0% | −4.8% |
| 30-day volatility | 4.9% | 4.2% |
| Worst drawdown, 1 year | −7.7% | −5.5% |
| Trailing 12-month yield | 6.88% | 6.10% |
| Holdings | 158 | 1,337 |
| Top 10 weight | 17.1% | 3.6% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | −$194M thru Jul 2026 | +$5.3B thru May 2026 |
| 30-day implied volatility | 18.5% | 5.9% |
| Holdings as of | as of Oct 20, 2026issuer data | as of Oct 20, 2026issuer data |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
45% of FALN · 4% of HYG| Holding | FALN | HYG |
|---|---|---|
| CENTENE CORPORATION 4.63%, due Dec 15, 2029 | 0.78% | 0.30% |
| NISSAN MOTOR CO LTD 144A, due Sep 17, 2030 | 1.65% | 0.19% |
| CENTENE CORPORATION 2.5%, due Mar 1, 2031 | 0.47% | 0.17% |
| CENTENE CORPORATION 3%, due Oct 15, 2030 | 0.48% | 0.17% |
| VODAFONE GROUP PLC 7%, due Apr 4, 2079 | 3.04% | 0.16% |
| CENTENE CORPORATION 3.38%, due Feb 15, 2030 | 0.45% | 0.15% |
| CENTENE CORPORATION 2.63%, due Aug 1, 2031 | 0.28% | 0.12% |
| CELANESE US HOLDINGS LLC 7.38%, due Jul 15, 2032 | 0.68% | 0.09% |
| CELANESE US HOLDINGS LLC 7.55%, due Nov 15, 2030 | 0.70% | 0.09% |
| CELANESE US HOLDINGS LLC 7.7%, due Nov 15, 2033 | 0.71% | 0.08% |
| GFL ENVIRONMENTAL INC 144A, due Jan 15, 2031 | 2.02% | 0.08% |
| PARAMOUNT GLOBAL 4.95%, due Jan 15, 2031 | 0.35% | 0.08% |
| COTY INC 144A, due Jul 15, 2030 | 1.15% | 0.07% |
| VF CORPORATION 2.95%, due Apr 23, 2030 | 1.34% | 0.07% |
| HUNTSMAN INTERNATIONAL LLC 4.5%, due May 1, 2029 | 1.44% | 0.07% |
| COTY INC 144A, due Jan 15, 2031 | 1.29% | 0.07% |
| PACIFICORP 7.38%, due Sep 15, 2055 | 1.66% | 0.06% |
| CELANESE US HOLDINGS LLC 7.35%, due Nov 15, 2028 | 0.53% | 0.06% |
| CELANESE US HOLDINGS LLC 7.33%, due Jul 15, 2029 | 0.52% | 0.06% |
| PERRIGO FINANCE UNLIMITED CO 5.15%, due Jun 15, 2030 | 1.44% | 0.06% |
| FS KKR CAPITAL CORP 3.13%, due Oct 12, 2028 | 0.79% | 0.06% |
| NISSAN MOTOR ACCEPTANCE COMPANY LL MTN 144A, due Sep 15, 2028 | 0.52% | 0.06% |
| UNITED RENTALS (NORTH AMERICA) INC 3.88%, due Nov 15, 2027 | 1.50% | 0.06% |
| PARAMOUNT GLOBAL 4.2%, due May 19, 2032 | 0.23% | 0.05% |
| METHANEX CORPORATION 5.25%, due Dec 15, 2029 | 1.38% | 0.05% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · FALN holdings · HYG holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.