SCYB vs USHY: Holdings Overlap
SCYBSchwab High Yield Bond ETF
Schwab · 1833 holdings · $2.8B · as of 2026-05-31
USHYiShares Broad USD High Yield Corporate Bond ETF
iShares · 1896 holdings · $28.6B · as of 2026-04-30
Holdings snapshots are 31 days apart (SCYB: 2026-05-31, USHY: 2026-04-30). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are SCYB and USHY?
Schwab High Yield Bond ETF (SCYB, by Schwab) holds 1833 positions; iShares Broad USD High Yield Corporate Bond ETF (USHY, by iShares) holds 1896. They have 1784 holdings in common, and by portfolio weight the two funds are 84.9% identical. In practical terms the pair is heavily overlapping, with largely the same stocks driving both funds.
- Overlap by Weight
- 84.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 1784SCYB holds 1833 · USHY holds 1896
- Weight in Shared Holdings
- SCYB 95%·USHY 93%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 SCYB
49 of 1833 positions (2.2% of the fund) are not held by USHY. Showing the top 30 by weight.
- Centene Corp0.22%
- Centene Corp0.14%
- Centene Corp0.14%
- Centene Corp0.13%
- Sinclair Television Group Inc0.13%
- Centene Corp0.13%
Only in USHY
112 of 1896 positions (4.1% of the fund) are not held by SCYB. Showing the top 30 by weight.
- Beach Acquisition Bidco LLC0.18%
- Carvana Co0.16%
- EchoStar Corp0.16%
- SAKS Global Enterprises LLC DIP First Out Interim Delayed Draw Term Loan0.11%
- PR RNO Property Owner 1 LLC0.11%
- Carvana Co0.10%
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| SCYB | +0.4% | +2.6% | +5.7% | +8.5% | — | — | 6.90% |
| 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 SCYB vs USHY →
Shared Holdings(1784)
The top 10 shared positions account for 3% of the overlap, led by 1261229 BC Ltd, EchoStar Corp and Cloud Software Group Inc.
| 1261229 BC Ltd | 0.42% | 0.47% | 0.42% |
|---|---|---|---|
| EchoStar Corp | 0.29% | 0.41% | 0.29% |
| Cloud Software Group Inc | 0.27% | 0.26% | 0.26% |
| Quikrete Holdings Inc | 0.24% | 0.28% | 0.24% |
| SV RNO Property Owner 1 LLC | 0.23% | 0.27% | 0.23% |
| Asurion LLC/ Asurion Co-Issuer Inc | 0.22% | 0.25% | 0.22% |
| Asurion LLC/ Asurion Co-Issuer Inc | 0.22% | 0.23% | 0.22% |
| Venture Global LNG Inc | 0.22% | 0.23% | 0.22% |
| Cloud Software Group Inc | 0.21% | 0.25% | 0.21% |
| WULF Compute LLC | 0.20% | 0.25% | 0.20% |
| Carnival Corp Ltd | 0.20% | 0.21% | 0.20% |
| Discovery Global Holdings Inc | 0.21% | 0.20% | 0.20% |
| EMRLD Borrower LP / Emerald Co-Issuer Inc | 0.19% | 0.20% | 0.19% |
| CCO Holdings LLC / CCO Holdings Capital Corp | 0.19% | 0.18% | 0.18% |
| Nexstar Media Inc | 0.20% | 0.18% | 0.18% |
| CCO Holdings LLC / CCO Holdings Capital Corp | 0.18% | 0.18% | 0.18% |
| Panther Escrow Issuer LLC | 0.18% | 0.21% | 0.18% |
| CCO Holdings LLC / CCO Holdings Capital Corp | 0.18% | 0.19% | 0.18% |
| Mauser Packaging Solutions Holding Co | 0.18% | 0.18% | 0.18% |
| Neptune Bidco US Inc | 0.18% | 0.18% | 0.18% |
| CCO Holdings LLC / CCO Holdings Capital Corp | 0.18% | 0.18% | 0.18% |
| CCO Holdings LLC / CCO Holdings Capital Corp | 0.18% | 0.18% | 0.18% |
| TransDigm Inc | 0.17% | 0.20% | 0.17% |
| Medline Borrower LP | 0.20% | 0.17% | 0.17% |
| DaVita Inc | 0.17% | 0.20% | 0.17% |
Showing the top 250 of 1784 shared holdings by overlap weight.
Frequently Asked Questions
How much do SCYB and USHY overlap?
SCYB and USHY overlap by 84.9% of portfolio weight. They share 1784 holdings (SCYB holds 1833 positions and USHY holds 1896), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SCYB and USHY?
The two portfolios are 84.9% 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 SCYB and USHY?
The largest positions held by both funds are 1261229 BC Ltd, EchoStar Corp, Cloud Software Group Inc, Quikrete Holdings Inc and SV RNO Property Owner 1 LLC. Together the top 10 shared positions account for 3% of the total overlap.
What does SCYB own that USHY doesn't?
49 positions (2.2% of SCYB) are unique to SCYB, led by Centene Corp, Centene Corp and Centene Corp. In the other direction, 112 positions (4.1% of USHY) are unique to USHY.