SHYG vs HYLB: Holdings Overlap
SHYGiShares 0-5 Year High Yield Corporate Bond ETF
iShares · 1154 holdings · $7.6B · as of 2026-04-30
HYLBXtrackers USD High Yield Corporate Bond ETF
Xtrackers (DWS) · 1277 holdings · $3.5B · as of 2026-05-29
How similar are SHYG and HYLB?
iShares 0-5 Year High Yield Corporate Bond ETF (SHYG, by iShares) holds 1154 positions; Xtrackers USD High Yield Corporate Bond ETF (HYLB, by Xtrackers (DWS)) holds 1277. They have 726 holdings in common, and by portfolio weight the two funds are 51.8% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 51.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 726SHYG holds 1154 · HYLB holds 1277
- Weight in Shared Holdings
- SHYG 68%·HYLB 54%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 SHYG
428 of 1154 positions (28.8% of the fund) are not held by HYLB. Showing the top 30 by weight.
- WULF Compute LLC0.39%
- American Airlines Inc/AAdvantage Loyalty IP Ltd0.35%
- DISH DBS Corp0.33%
- APLD ComputeCo LLC0.29%
- SV RNO Property Owner 1 LLC0.26%
- DISH DBS Corp0.24%
Only in HYLB
551 of 1277 positions (43.7% of the fund) are not held by SHYG. Showing the top 30 by weight.
- Quikrete Holdings, Inc.0.35%
- Asurion LLC/ Asurion Co-Issuer Inc0.30%
- Nexstar Media, Inc.0.29%
- Panther Escrow Issuer LLC0.28%
- Asurion LLC/ Asurion Co-Issuer Inc.0.28%
- Centene Corp.0.28%
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| SHYG | +0.3% | +2.4% | +5.3% | +7.9% | +5.0% | +5.0% | 7.01% |
| HYLB | +0.4% | +2.5% | +5.7% | +8.6% | +4.0% | — | 6.52% |
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 SHYG vs HYLB →
Shared Holdings(726)
The top 10 shared positions account for 6% of the overlap, led by EchoStar Corp., Cloud Software Group, Inc. and Cloud Software Group, Inc..
| EchoStar Corp. | 0.53% | 0.51% | 0.51% |
|---|---|---|---|
| Cloud Software Group, Inc. | 0.46% | 0.35% | 0.35% |
| Cloud Software Group, Inc. | 0.44% | 0.33% | 0.33% |
| DISH Network Corp. | 0.37% | 0.32% | 0.32% |
| HUB International Ltd. | 0.39% | 0.29% | 0.29% |
| Venture Global LNG, Inc. | 0.38% | 0.28% | 0.28% |
| CCO Holdings LLC / CCO Holdings Capital Corp | 0.35% | 0.25% | 0.25% |
| TransDigm, Inc. | 0.33% | 0.24% | 0.24% |
| 1011778 BC ULC / New Red Finance Inc. | 0.24% | 0.24% | 0.24% |
| CCO Holdings LLC / CCO Holdings Capital Corp | 0.27% | 0.24% | 0.24% |
| DaVita, Inc. | 0.32% | 0.23% | 0.23% |
| Neptune Bidco US, Inc. | 0.31% | 0.23% | 0.23% |
| EMRLD Borrower L.P./ Emerald Co-Issuer Inc. | 0.23% | 0.25% | 0.23% |
| Mauser Packaging Solutions Holding Co. | 0.31% | 0.22% | 0.22% |
| CCO Holdings LLC / CCO Holdings Capital Corp | 0.31% | 0.22% | 0.22% |
| CCO Holdings LLC / CCO Holdings Capital Corp | 0.28% | 0.22% | 0.22% |
| DISH DBS Corp. | 0.30% | 0.22% | 0.22% |
| Nissan Motor Co. Ltd. | 0.29% | 0.22% | 0.22% |
| Medline Borrower LP | 0.29% | 0.22% | 0.22% |
| UKG, Inc. | 0.26% | 0.21% | 0.21% |
| Nissan Motor Co. Ltd. | 0.27% | 0.20% | 0.20% |
| Staples, Inc. | 0.27% | 0.20% | 0.20% |
| Venture Global LNG, Inc. | 0.27% | 0.20% | 0.20% |
| AthenaHealth Group, Inc. | 0.27% | 0.19% | 0.19% |
| Connect Finco SARL / Connect US Finco LLC | 0.24% | 0.19% | 0.19% |
Showing the top 250 of 726 shared holdings by overlap weight.
Frequently Asked Questions
How much do SHYG and HYLB overlap?
SHYG and HYLB overlap by 51.8% of portfolio weight. They share 726 holdings (SHYG holds 1154 positions and HYLB holds 1277), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SHYG and HYLB?
The two portfolios are 51.8% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of SHYG and HYLB?
The largest positions held by both funds are EchoStar Corp., Cloud Software Group, Inc., Cloud Software Group, Inc., DISH Network Corp. and HUB International Ltd.. Together the top 10 shared positions account for 6% of the total overlap.
What does SHYG own that HYLB doesn't?
428 positions (28.8% of SHYG) are unique to SHYG, led by WULF Compute LLC, American Airlines Inc/AAdvantage Loyalty IP Ltd and DISH DBS Corp. In the other direction, 551 positions (43.7% of HYLB) are unique to HYLB.