HYG vs SCYB: Holdings Overlap
HYGiShares iBoxx $ High Yield Corporate Bond ETF
iShares · 1322 holdings · $17.4B · as of 2026-05-31
SCYBSchwab High Yield Bond ETF
Schwab · 1833 holdings · $2.8B · as of 2026-05-31
How similar are HYG and SCYB?
iShares iBoxx $ High Yield Corporate Bond ETF (HYG, by iShares) holds 1322 positions; Schwab High Yield Bond ETF (SCYB, by Schwab) holds 1833. They have 1244 holdings in common, and by portfolio weight the two funds are 72.5% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 72.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 1244HYG holds 1322 · SCYB holds 1833
- Weight in Shared Holdings
- HYG 93%·SCYB 75%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 HYG
78 of 1322 positions (4.4% of the fund) are not held by SCYB. Showing the top 30 by weight.
- PR RNO Property Owner 1 LLC0.26%
- Beach Acquisition Bidco LLC0.20%
- EchoStar Corp0.19%
- SAKS Global Enterprises LLC DIP First Out Interim Delayed Draw Term Loan0.16%
- Carvana Co0.15%
- Carvana Co0.13%
Only in SCYB
589 of 1833 positions (22.5% of the fund) are not held by HYG. Showing the top 30 by weight.
- Centene Corp0.22%
- Discovery Global Holdings Inc0.21%
- Carnival Corp Ltd0.20%
- Carnival Corp Ltd0.14%
- Centene Corp0.14%
- Centene Corp0.14%
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| HYG | +0.3% | +2.2% | +5.2% | +8.3% | +3.8% | +4.7% | 5.89% |
| SCYB | +0.4% | +2.6% | +5.7% | +8.5% | — | — | 6.90% |
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 HYG vs SCYB →
Shared Holdings(1244)
The top 10 shared positions account for 4% of the overlap, led by 1261229 BC Ltd, EchoStar Corp and Cloud Software Group Inc.
| 1261229 BC Ltd | 0.54% | 0.42% | 0.42% |
|---|---|---|---|
| EchoStar Corp | 0.44% | 0.29% | 0.29% |
| Cloud Software Group Inc | 0.33% | 0.27% | 0.27% |
| Meridian Arc Holdco LLC | 0.26% | 0.36% | 0.26% |
| Quikrete Holdings Inc | 0.33% | 0.24% | 0.24% |
| SV RNO Property Owner 1 LLC | 0.30% | 0.23% | 0.23% |
| Asurion LLC/ Asurion Co-Issuer Inc | 0.28% | 0.22% | 0.22% |
| Asurion LLC/ Asurion Co-Issuer Inc | 0.28% | 0.22% | 0.22% |
| Venture Global LNG Inc | 0.28% | 0.22% | 0.22% |
| Cloud Software Group Inc | 0.34% | 0.21% | 0.21% |
| Nexstar Media Inc | 0.30% | 0.20% | 0.20% |
| WULF Compute LLC | 0.26% | 0.20% | 0.20% |
| Medline Borrower LP | 0.20% | 0.20% | 0.20% |
| EMRLD Borrower LP / Emerald Co-Issuer Inc | 0.26% | 0.19% | 0.19% |
| CCO Holdings LLC / CCO Holdings Capital Corp | 0.21% | 0.19% | 0.19% |
| CCO Holdings LLC / CCO Holdings Capital Corp | 0.22% | 0.18% | 0.18% |
| CCO Holdings LLC / CCO Holdings Capital Corp | 0.23% | 0.18% | 0.18% |
| CRC Insurance Group LLC | 0.28% | 0.18% | 0.18% |
| Venture Global LNG Inc | 0.18% | 0.19% | 0.18% |
| CCO Holdings LLC / CCO Holdings Capital Corp | 0.22% | 0.18% | 0.18% |
| Mauser Packaging Solutions Holding Co | 0.21% | 0.18% | 0.18% |
| CCO Holdings LLC / CCO Holdings Capital Corp | 0.21% | 0.18% | 0.18% |
| Neptune Bidco US Inc | 0.22% | 0.18% | 0.18% |
| TransDigm Inc | 0.23% | 0.17% | 0.17% |
| DaVita Inc | 0.25% | 0.17% | 0.17% |
Showing the top 250 of 1244 shared holdings by overlap weight.
Frequently Asked Questions
How much do HYG and SCYB overlap?
HYG and SCYB overlap by 72.5% of portfolio weight. They share 1244 holdings (HYG holds 1322 positions and SCYB holds 1833), based on each fund's latest SEC-reported holdings.
Is it redundant to own both HYG and SCYB?
The two portfolios are 72.5% identical by weight. Owning both mostly doubles down on the shared core rather than diversifying: the same large positions drive both funds.
What are the biggest shared holdings of HYG and SCYB?
The largest positions held by both funds are 1261229 BC Ltd, EchoStar Corp, Cloud Software Group Inc, Meridian Arc Holdco LLC and Quikrete Holdings Inc. Together the top 10 shared positions account for 4% of the total overlap.
What does HYG own that SCYB doesn't?
78 positions (4.4% of HYG) are unique to HYG, led by PR RNO Property Owner 1 LLC, Beach Acquisition Bidco LLC and EchoStar Corp. In the other direction, 589 positions (22.5% of SCYB) are unique to SCYB.