HYG vs HYLS
iShares iBoxx $ High Yield Corporate Bond ETF against First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
24%
255 shared positions
Fee gap
20 bp
HYG is cheaper
1-year return gap
1.7 pts
HYG is ahead
Larger fund
HYG
$16.5B
Side by side
| HYG | HYLS | |
|---|---|---|
| Fund | iShares iBoxx $ High Yield Corporate Bond ETF | First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF |
| Issuer | iShares | First Trust |
| Category | High Yield Bond | High Yield Bond |
| Expense ratio | 0.49% | 0.69% |
| Assets | $16.5B | $1.7B |
| Average daily dollar volume | $4.6B | $11M |
| Listed | Apr 4, 2007 | Feb 25, 2013 |
| FrenzyCap score | 74 | 58 |
| 1-month return | −2.1% | −2.3% |
| 3-month return | −2.8% | −2.9% |
| Year to date | −4.5% | −6.0% |
| 1-year return | −4.8% | −6.5% |
| 30-day volatility | 4.2% | 4.8% |
| Worst drawdown, 1 year | −5.5% | −6.6% |
| Trailing 12-month yield | 6.10% | 6.88% |
| Holdings | 1,337 | 356 |
| Top 10 weight | 3.6% | 11.5% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$5.3B thru May 2026 | −$2.1M thru Jul 2026 |
| 30-day implied volatility | 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
26% of HYG · 83% of HYLS| Holding | HYG | HYLS |
|---|---|---|
| ECHOSTAR CORP 10.75%, due Nov 30, 2029 | 0.43% | 1.02% |
| WULF COMPUTE LLC 144A, due Oct 15, 2030 | 0.31% | 0.50% |
| CLOUD SOFTWARE GROUP LLC 144A, due Sep 30, 2029 | 0.31% | 1.07% |
| CENTENE CORPORATION 4.63%, due Dec 15, 2029 | 0.30% | 0.51% |
| SV RNO PROPERTY OWNER 1 LLC 144A, due Mar 1, 2031 | 0.27% | 0.45% |
| MEDLINE BORROWER LP 144A, due Oct 1, 2029 | 0.23% | 0.63% |
| EMRLD BORROWER LP 144A, due Dec 15, 2030 | 0.23% | 0.45% |
| PARAMOUNT SKYDANCE CORP 144A, due Oct 15, 2031 | 0.25% | 0.23% |
| TRANSDIGM INC 144A, due May 31, 2033 | 0.22% | 0.93% |
| QXO BUILDING PRODUCTS INC 144A, due Apr 30, 2032 | 0.21% | 0.30% |
| 1011778 BC UNLIMITED LIABILITY CO 144A, due Oct 15, 2030 | 0.21% | 1.49% |
| NEPTUNE BIDCO US INC 144A, due Apr 15, 2029 | 0.21% | 0.78% |
| CSDC FINANCE I LLC 144A, due Oct 1, 2031 | 0.21% | 0.38% |
| BEACH ACQUISITION BIDCO LLC 144A, due Jul 15, 2033 | 0.21% | 0.26% |
| DAVITA INC 144A, due Jun 1, 2030 | 0.21% | 0.21% |
| TRANSDIGM INC 144A, due Mar 1, 2032 | 0.21% | 0.31% |
| TALEN ENERGY SUPPLY LLC 144A, due May 1, 2033 | 0.21% | 0.84% |
| AADVANTAGE LOYALTY IP LTD 144A, due Apr 20, 2029 | 0.20% | 0.47% |
| PARAMOUNT SKYDANCE CORP 144A, due Oct 15, 2034 | 0.20% | 0.44% |
| CLOUD SOFTWARE GROUP LLC 144A, due Mar 31, 2029 | 0.33% | 0.20% |
| CCO HOLDINGS LLC 144A, due Aug 15, 2030 | 0.20% | 0.26% |
| VENTURE GLOBAL LNG INC 144A, due Jun 1, 2031 | 0.19% | 0.41% |
| IQVIA INC 144A, due Mar 15, 2034 | 0.19% | 0.31% |
| LEVEL 3 FINANCING INC 144A, due Mar 31, 2034 | 0.19% | 0.38% |
| VENTURE GLOBAL PLAQUEMINES LNG LLC 144A, due Jan 15, 2036 | 0.19% | 0.26% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · HYG holdings · HYLS 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.