FALN vs SHYG: Holdings Overlap
FALNiShares Fallen Angels USD Bond ETF
iShares · 161 holdings · $1.6B · as of 2026-04-30
SHYGiShares 0-5 Year High Yield Corporate Bond ETF
iShares · 1154 holdings · $7.6B · as of 2026-04-30
How similar are FALN and SHYG?
iShares Fallen Angels USD Bond ETF (FALN, by iShares) holds 161 positions; iShares 0-5 Year High Yield Corporate Bond ETF (SHYG, by iShares) holds 1154. They have 51 holdings in common, and by portfolio weight the two funds are 3.2% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 3.2%Sum of the smaller weight of each shared holding
- Shared Holdings
- 51FALN holds 161 · SHYG holds 1154
- Weight in Shared Holdings
- FALN 36%·SHYG 3%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in FALN
110 of 161 positions (61.3% of the fund) are not held by SHYG. Showing the top 30 by weight.
- Vodafone Group PLC2.99%
- Resorts World Las Vegas LLC / RWLV Capital Inc1.84%
- PacifiCorp1.78%
- Transocean International Ltd1.22%
- Horizon Mutual Holdings Inc1.18%
- Newell Brands Inc1.18%
Only in SHYG
1103 of 1154 positions (93.7% of the fund) are not held by FALN. Showing the top 30 by weight.
- EchoStar Corp0.53%
- Cloud Software Group Inc0.46%
- Cloud Software Group Inc0.44%
- WULF Compute LLC0.39%
- HUB International Ltd0.39%
- Venture Global LNG Inc0.38%
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| FALN | -0.0% | +2.7% | +6.6% | +8.8% | +3.6% | +6.1% | 6.52% |
| SHYG | +0.3% | +2.4% | +5.3% | +7.9% | +5.0% | +5.0% | 7.01% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in FALN vs SHYG →
Shared Holdings(51)
The top 10 shared positions account for 42% of the overlap, led by Nissan Motor Co Ltd, Nissan Motor Co Ltd and Celanese US Holdings LLC.
| Nissan Motor Co Ltd | 1.05% | 0.29% | 0.29% |
|---|---|---|---|
| Nissan Motor Co Ltd | 1.00% | 0.27% | 0.27% |
| Celanese US Holdings LLC | 0.61% | 0.13% | 0.13% |
| GFL Environmental Inc | 2.15% | 0.12% | 0.12% |
| Celanese US Holdings LLC | 0.48% | 0.10% | 0.10% |
| Huntsman International LLC | 1.48% | 0.09% | 0.09% |
| Celanese US Holdings LLC | 0.45% | 0.09% | 0.09% |
| Nissan Motor Acceptance Co LLC | 0.32% | 0.09% | 0.09% |
| Whirlpool Corp | 0.78% | 0.09% | 0.09% |
| Methanex Corp | 1.44% | 0.08% | 0.08% |
| VF Corp | 1.21% | 0.08% | 0.08% |
| Perrigo Finance Unlimited Co | 1.47% | 0.08% | 0.08% |
| United Rentals North America Inc | 1.54% | 0.08% | 0.08% |
| Fluor Corp | 1.25% | 0.07% | 0.07% |
| Nissan Motor Acceptance Co LLC | 0.26% | 0.07% | 0.07% |
| Paramount Global | 0.37% | 0.07% | 0.07% |
| VF Corp | 0.73% | 0.06% | 0.06% |
| Rockies Express Pipeline LLC | 0.99% | 0.06% | 0.06% |
| Alcoa Nederland Holding BV | 1.02% | 0.06% | 0.06% |
| Diversified Healthcare Trust | 1.01% | 0.06% | 0.06% |
| Nordstrom Inc | 0.79% | 0.06% | 0.06% |
| FMC Corp | 0.86% | 0.06% | 0.06% |
| Brandywine Operating Partnership LP | 0.91% | 0.05% | 0.05% |
| Advance Auto Parts Inc | 0.97% | 0.05% | 0.05% |
| Hudson Pacific Properties LP | 0.90% | 0.05% | 0.05% |
Frequently Asked Questions
How much do FALN and SHYG overlap?
FALN and SHYG overlap by 3.2% of portfolio weight. They share 51 holdings (FALN holds 161 positions and SHYG holds 1154), based on each fund's latest SEC-reported holdings.
Is it redundant to own both FALN and SHYG?
The two portfolios are 3.2% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of FALN and SHYG?
The largest positions held by both funds are Nissan Motor Co Ltd, Nissan Motor Co Ltd, Celanese US Holdings LLC, GFL Environmental Inc and Celanese US Holdings LLC. Together the top 10 shared positions account for 42% of the total overlap.
What does FALN own that SHYG doesn't?
110 positions (61.3% of FALN) are unique to FALN, led by Vodafone Group PLC, Resorts World Las Vegas LLC / RWLV Capital Inc and PacifiCorp. In the other direction, 1103 positions (93.7% of SHYG) are unique to SHYG.