SHYG vs SCYB: Holdings Overlap
SHYGiShares 0-5 Year High Yield Corporate Bond ETF
iShares · 1154 holdings · $7.6B · as of 2026-04-30
SCYBSchwab High Yield Bond ETF
Schwab · 1833 holdings · $2.8B · as of 2026-05-31
Holdings snapshots are 31 days apart (SHYG: 2026-04-30, SCYB: 2026-05-31). 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 SHYG and SCYB?
iShares 0-5 Year High Yield Corporate Bond ETF (SHYG, by iShares) holds 1154 positions; Schwab High Yield Bond ETF (SCYB, by Schwab) holds 1833. They have 1002 holdings in common, and by portfolio weight the two funds are 52.9% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 52.9%Sum of the smaller weight of each shared holding
- Shared Holdings
- 1002SHYG holds 1154 · SCYB holds 1833
- Weight in Shared Holdings
- SHYG 86%·SCYB 55%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
152 of 1154 positions (11.2% of the fund) are not held by SCYB. Showing the top 30 by weight.
- DISH DBS Corp0.33%
- DISH DBS Corp0.24%
- Rakuten Group Inc0.21%
- PR RNO Property Owner 1 LLC0.18%
- SBA Communications Corp0.17%
- Icahn Enterprises LP / Icahn Enterprises Finance Corp0.17%
Only in SCYB
831 of 1833 positions (42.9% of the fund) are not held by SHYG. Showing the top 30 by weight.
- Quikrete Holdings Inc0.24%
- Asurion LLC/ Asurion Co-Issuer Inc0.22%
- Asurion LLC/ Asurion Co-Issuer Inc0.22%
- Centene Corp0.22%
- Discovery Global Holdings Inc0.21%
- Nexstar Media Inc0.20%
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% |
| 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 SHYG vs SCYB →
Shared Holdings(1002)
The top 10 shared positions account for 4% of the overlap, led by EchoStar Corp, Cloud Software Group Inc and SV RNO Property Owner 1 LLC.
| EchoStar Corp | 0.53% | 0.29% | 0.29% |
|---|---|---|---|
| Cloud Software Group Inc | 0.46% | 0.27% | 0.27% |
| SV RNO Property Owner 1 LLC | 0.26% | 0.23% | 0.23% |
| Venture Global LNG Inc | 0.38% | 0.22% | 0.22% |
| Cloud Software Group Inc | 0.44% | 0.21% | 0.21% |
| WULF Compute LLC | 0.39% | 0.20% | 0.20% |
| Medline Borrower LP | 0.29% | 0.20% | 0.20% |
| Meridian Arc Holdco LLC | 0.19% | 0.36% | 0.19% |
| EMRLD Borrower LP / Emerald Co-Issuer Inc | 0.23% | 0.19% | 0.19% |
| Venture Global LNG Inc | 0.27% | 0.19% | 0.19% |
| CCO Holdings LLC / CCO Holdings Capital Corp | 0.28% | 0.19% | 0.19% |
| CCO Holdings LLC / CCO Holdings Capital Corp | 0.31% | 0.18% | 0.18% |
| CCO Holdings LLC / CCO Holdings Capital Corp | 0.35% | 0.18% | 0.18% |
| CCO Holdings LLC / CCO Holdings Capital Corp | 0.27% | 0.18% | 0.18% |
| Mauser Packaging Solutions Holding Co | 0.31% | 0.18% | 0.18% |
| Neptune Bidco US Inc | 0.31% | 0.18% | 0.18% |
| TransDigm Inc | 0.33% | 0.17% | 0.17% |
| DaVita Inc | 0.32% | 0.17% | 0.17% |
| HUB International Ltd | 0.39% | 0.17% | 0.17% |
| UKG Inc | 0.26% | 0.17% | 0.17% |
| TransDigm Inc | 0.24% | 0.16% | 0.16% |
| DISH Network Corp | 0.37% | 0.16% | 0.16% |
| American Airlines Inc/AAdvantage Loyalty IP Ltd | 0.35% | 0.15% | 0.15% |
| AthenaHealth Group Inc | 0.27% | 0.15% | 0.15% |
| Staples Inc | 0.27% | 0.15% | 0.15% |
Showing the top 250 of 1002 shared holdings by overlap weight.
Frequently Asked Questions
How much do SHYG and SCYB overlap?
SHYG and SCYB overlap by 52.9% of portfolio weight. They share 1002 holdings (SHYG holds 1154 positions and SCYB holds 1833), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SHYG and SCYB?
The two portfolios are 52.9% 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 SCYB?
The largest positions held by both funds are EchoStar Corp, Cloud Software Group Inc, SV RNO Property Owner 1 LLC, Venture Global LNG Inc and Cloud Software Group Inc. Together the top 10 shared positions account for 4% of the total overlap.
What does SHYG own that SCYB doesn't?
152 positions (11.2% of SHYG) are unique to SHYG, led by DISH DBS Corp, DISH DBS Corp and Rakuten Group Inc. In the other direction, 831 positions (42.9% of SCYB) are unique to SCYB.