HYLB vs USHY: Holdings Overlap
HYLBXtrackers USD High Yield Corporate Bond ETF
Xtrackers (DWS) · 1277 holdings · $3.5B · as of 2026-05-29
USHYiShares Broad USD High Yield Corporate Bond ETF
iShares · 1896 holdings · $28.6B · as of 2026-04-30
How similar are HYLB and USHY?
Xtrackers USD High Yield Corporate Bond ETF (HYLB, by Xtrackers (DWS)) holds 1277 positions; iShares Broad USD High Yield Corporate Bond ETF (USHY, by iShares) holds 1896. They have 1194 holdings in common, and by portfolio weight the two funds are 71.5% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 71.5%Sum of the smaller weight of each shared holding
- Shared Holdings
- 1194HYLB holds 1277 · USHY holds 1896
- Weight in Shared Holdings
- HYLB 92%·USHY 72%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 HYLB
83 of 1277 positions (5.9% of the fund) are not held by USHY. Showing the top 30 by weight.
- Centene Corp.0.28%
- Talen Energy Supply LLC0.21%
- Centene Corp.0.19%
- GOLLBZ 14.375 06/06/30 144A0.17%
- Centene Corp.0.17%
- Centene Corp.0.17%
Only in USHY
702 of 1896 positions (25.5% of the fund) are not held by HYLB. Showing the top 30 by weight.
- SV RNO Property Owner 1 LLC0.27%
- WULF Compute LLC0.25%
- American Airlines Inc/AAdvantage Loyalty IP Ltd0.21%
- Discovery Global Holdings Inc0.20%
- APLD ComputeCo LLC0.18%
- Beach Acquisition Bidco LLC0.18%
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| HYLB | +0.4% | +2.5% | +5.7% | +8.6% | +4.0% | — | 6.52% |
| USHY | +0.3% | +2.5% | +5.7% | +8.7% | +4.2% | — | 6.91% |
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 HYLB vs USHY →
Shared Holdings(1194)
The top 10 shared positions account for 4% of the overlap, led by 1261229 BC Ltd., EchoStar Corp. and Quikrete Holdings, Inc..
| 1261229 BC Ltd. | 0.53% | 0.47% | 0.47% |
|---|---|---|---|
| EchoStar Corp. | 0.51% | 0.41% | 0.41% |
| Quikrete Holdings, Inc. | 0.35% | 0.28% | 0.28% |
| Cloud Software Group, Inc. | 0.35% | 0.26% | 0.26% |
| Asurion LLC/ Asurion Co-Issuer Inc | 0.30% | 0.25% | 0.25% |
| HUB International Ltd. | 0.29% | 0.25% | 0.25% |
| Cloud Software Group, Inc. | 0.33% | 0.25% | 0.25% |
| Venture Global LNG, Inc. | 0.28% | 0.23% | 0.23% |
| Asurion LLC/ Asurion Co-Issuer Inc. | 0.28% | 0.23% | 0.23% |
| DISH Network Corp. | 0.32% | 0.21% | 0.21% |
| Panther Escrow Issuer LLC | 0.28% | 0.21% | 0.21% |
| Carnival Corp. Ltd. | 0.26% | 0.21% | 0.21% |
| EMRLD Borrower L.P./ Emerald Co-Issuer Inc. | 0.25% | 0.20% | 0.20% |
| DaVita, Inc. | 0.23% | 0.20% | 0.20% |
| TransDigm, Inc. | 0.24% | 0.20% | 0.20% |
| 1011778 BC ULC / New Red Finance Inc. | 0.24% | 0.19% | 0.19% |
| TransDigm, Inc. | 0.23% | 0.19% | 0.19% |
| Level 3 Financing, Inc. | 0.22% | 0.19% | 0.19% |
| CCO Holdings LLC / CCO Holdings Capital Corp | 0.24% | 0.19% | 0.19% |
| CCO Holdings LLC / CCO Holdings Capital Corp | 0.25% | 0.18% | 0.18% |
| Neptune Bidco US, Inc. | 0.23% | 0.18% | 0.18% |
| CCO Holdings LLC / CCO Holdings Capital Corp | 0.22% | 0.18% | 0.18% |
| Discovery Global Holdings, Inc. | 0.21% | 0.18% | 0.18% |
| Nexstar Media, Inc. | 0.29% | 0.18% | 0.18% |
| Mauser Packaging Solutions Holding Co. | 0.22% | 0.18% | 0.18% |
Showing the top 250 of 1194 shared holdings by overlap weight.
Frequently Asked Questions
How much do HYLB and USHY overlap?
HYLB and USHY overlap by 71.5% of portfolio weight. They share 1194 holdings (HYLB holds 1277 positions and USHY holds 1896), based on each fund's latest SEC-reported holdings.
Is it redundant to own both HYLB and USHY?
The two portfolios are 71.5% 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 HYLB and USHY?
The largest positions held by both funds are 1261229 BC Ltd., EchoStar Corp., Quikrete Holdings, Inc., Cloud Software Group, Inc. and Asurion LLC/ Asurion Co-Issuer Inc. Together the top 10 shared positions account for 4% of the total overlap.
What does HYLB own that USHY doesn't?
83 positions (5.9% of HYLB) are unique to HYLB, led by Centene Corp., Talen Energy Supply LLC and Centene Corp.. In the other direction, 702 positions (25.5% of USHY) are unique to USHY.