SHYG vs USHY: Holdings Overlap
SHYGiShares 0-5 Year High Yield Corporate Bond ETF
iShares · 1154 holdings · $7.6B · as of 2026-04-30
USHYiShares Broad USD High Yield Corporate Bond ETF
iShares · 1896 holdings · $28.6B · as of 2026-04-30
How similar are SHYG and USHY?
iShares 0-5 Year High Yield Corporate Bond ETF (SHYG, by iShares) holds 1154 positions; iShares Broad USD High Yield Corporate Bond ETF (USHY, by iShares) holds 1896. They have 1062 holdings in common, and by portfolio weight the two funds are 54.6% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 54.6%Sum of the smaller weight of each shared holding
- Shared Holdings
- 1062SHYG holds 1154 · USHY holds 1896
- Weight in Shared Holdings
- SHYG 91%·USHY 56%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
92 of 1154 positions (6.6% of the fund) are not held by USHY. Showing the top 30 by weight.
- DISH DBS Corp0.24%
- Rakuten Group Inc0.21%
- SBA Communications Corp0.17%
- Wynn Macau Ltd0.16%
- Teva Pharmaceutical Finance Netherlands III BV0.15%
- Vistra Operations Co LLC0.15%
Only in USHY
834 of 1896 positions (41.4% of the fund) are not held by SHYG. Showing the top 30 by weight.
- Quikrete Holdings Inc0.28%
- Asurion LLC/ Asurion Co-Issuer Inc0.25%
- Asurion LLC/ Asurion Co-Issuer Inc0.23%
- Panther Escrow Issuer LLC0.21%
- Carnival Corp0.21%
- Discovery Global Holdings 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% |
| 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 SHYG vs USHY →
Shared Holdings(1062)
The top 10 shared positions account for 5% of the overlap, led by EchoStar Corp, SV RNO Property Owner 1 LLC and Cloud Software Group Inc.
| EchoStar Corp | 0.53% | 0.41% | 0.41% |
|---|---|---|---|
| SV RNO Property Owner 1 LLC | 0.26% | 0.27% | 0.26% |
| Cloud Software Group Inc | 0.46% | 0.26% | 0.26% |
| WULF Compute LLC | 0.39% | 0.25% | 0.25% |
| HUB International Ltd | 0.39% | 0.25% | 0.25% |
| Cloud Software Group Inc | 0.44% | 0.25% | 0.25% |
| Venture Global LNG Inc | 0.38% | 0.23% | 0.23% |
| DISH Network Corp | 0.37% | 0.21% | 0.21% |
| American Airlines Inc/AAdvantage Loyalty IP Ltd | 0.35% | 0.21% | 0.21% |
| EMRLD Borrower LP / Emerald Co-Issuer Inc | 0.23% | 0.20% | 0.20% |
| DaVita Inc | 0.32% | 0.20% | 0.20% |
| TransDigm Inc | 0.33% | 0.20% | 0.20% |
| 1011778 BC ULC / New Red Finance Inc | 0.24% | 0.19% | 0.19% |
| CCO Holdings LLC / CCO Holdings Capital Corp | 0.27% | 0.19% | 0.19% |
| CCO Holdings LLC / CCO Holdings Capital Corp | 0.35% | 0.18% | 0.18% |
| Neptune Bidco US Inc | 0.31% | 0.18% | 0.18% |
| CCO Holdings LLC / CCO Holdings Capital Corp | 0.28% | 0.18% | 0.18% |
| APLD ComputeCo LLC | 0.29% | 0.18% | 0.18% |
| Mauser Packaging Solutions Holding Co | 0.31% | 0.18% | 0.18% |
| CCO Holdings LLC / CCO Holdings Capital Corp | 0.31% | 0.18% | 0.18% |
| Medline Borrower LP | 0.29% | 0.17% | 0.17% |
| Staples Inc | 0.27% | 0.17% | 0.17% |
| DISH DBS Corp | 0.30% | 0.16% | 0.16% |
| Nissan Motor Co Ltd | 0.29% | 0.16% | 0.16% |
| UKG Inc | 0.26% | 0.16% | 0.16% |
Showing the top 250 of 1062 shared holdings by overlap weight.
Frequently Asked Questions
How much do SHYG and USHY overlap?
SHYG and USHY overlap by 54.6% of portfolio weight. They share 1062 holdings (SHYG holds 1154 positions and USHY holds 1896), based on each fund's latest SEC-reported holdings.
Is it redundant to own both SHYG and USHY?
The two portfolios are 54.6% 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 USHY?
The largest positions held by both funds are EchoStar Corp, SV RNO Property Owner 1 LLC, Cloud Software Group Inc, WULF Compute LLC and HUB International Ltd. Together the top 10 shared positions account for 5% of the total overlap.
What does SHYG own that USHY doesn't?
92 positions (6.6% of SHYG) are unique to SHYG, led by DISH DBS Corp, Rakuten Group Inc and SBA Communications Corp. In the other direction, 834 positions (41.4% of USHY) are unique to USHY.