High Yield Bond ETFs

High-yield bond portfolios concentrate on lower-quality bonds, which are riskier than those of higher- quality companies. These portfolios generally offer higher yields than other types of portfolios, but they are also more vulnerable to economic and credit risk. These portfolios primarily invest in U.S. high-income debt securities where at least 65% or more of bond assets are not rated or are rated by a major agency such as Standard & Poor’s or Moody’s at the level of BB (considered speculative for taxable bonds) and below.

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Name	Ticker	Morningstar Category	Fund Size	Adjusted Expense Ratio	Total Return Rank in Category 3 Year	Total Return Rank in Category 5 Year	Total Return Rank in Category 10 Year	Management Style
iShares iBoxx $ High Yield Corp Bd ETF	HYG	High Yield Bond	14.56 Bil	0.490%	72	81	68	Passive
iShares Broad USD High Yield Corp Bd ETF	USHY	High Yield Bond	11.04 Bil	0.080%	46	39	—	Passive
SPDR® Blmbg High Yield Bd ETF	JNK	High Yield Bond	8.13 Bil	0.400%	74	79	80	Passive
iShares 0-5 Year High Yield Corp Bd ETF	SHYG	High Yield Bond	5.77 Bil	0.300%	16	38	44	Passive
SPDR® Blmbg ST HY Bd ETF	SJNK	High Yield Bond	4.53 Bil	0.400%	16	21	48	Passive
SPDR® Portfolio High Yield Bond ETF	SPHY	High Yield Bond	4.23 Bil	0.050%	37	25	23	Passive
Xtrackers USD High Yield Corp Bd ETF	HYLB	High Yield Bond	3.04 Bil	0.050%	63	71	—	Passive
VanEck Fallen Angel HiYld Bd ETF	ANGL	High Yield Bond	2.93 Bil	0.250%	78	11	2	Passive
iShares Fallen Angels USD Bond ETF	FALN	High Yield Bond	1.61 Bil	0.250%	62	6	—	Passive
First Trust Tactical High Yield ETF	HYLS	High Yield Bond	1.43 Bil	1.020%	88	86	66	Active
FlexShares HY Val-Scrd Bd	HYGV	High Yield Bond	1.43 Bil	0.370%	72	36	—	Passive
PIMCO 0-5 Year High Yield Corp Bd ETF	HYS	High Yield Bond	1.19 Bil	0.550%	16	44	43	Passive
JPMorgan BetaBuilders $ HY Corp Bnd ETF	BBHY	High Yield Bond	1.09 Bil	0.150%	50	55	—	Passive
Invesco BulletShares 2025 HY Corp Bd ETF	BSJP	High Yield Bond	866.53 Mil	0.420%	7	12	—	Passive
Invesco BulletShares 2024 HY Corp Bd ETF	BSJO	High Yield Bond	672.13 Mil	0.430%	34	57	—	Passive
Invesco Fundamental Hi Yld® Corp Bd ETF	PHB	High Yield Bond	633.24 Mil	0.500%	57	64	58	Passive
Xtrackers USD High Yld BB-B ex Fin ETF	BHYB	High Yield Bond	621.30 Mil	0.200%	—	—	—	Passive
iShares High Yield Systematic Bond ETF	HYDB	High Yield Bond	563.50 Mil	0.350%	24	10	—	Passive
Invesco BulletShares 2026 HY Corp Bd ETF	BSJQ	High Yield Bond	495.16 Mil	0.420%	30	40	—	Passive
iShares iBonds 2025 Term HY and Inc ETF	IBHE	High Yield Bond	492.38 Mil	0.350%	5	—	—	Passive
iShares iBonds 2024 Term HY and Inc ETF	IBHD	High Yield Bond	458.03 Mil	0.350%	3	—	—	Passive
iShares BB Rated Corporate Bond ETF	HYBB	High Yield Bond	367.86 Mil	0.250%	63	—	—	Passive
iShares iBonds 2026 Term HY & Inc ETF	IBHF	High Yield Bond	354.23 Mil	0.350%	24	—	—	Passive
Fidelity High Yield Factor ETF	FDHY	High Yield Bond	300.24 Mil	0.450%	65	17	—	Active
BNY Mellon High Yield Beta ETF	BKHY	High Yield Bond	273.15 Mil	0.220%	49	—	—	Passive
Franklin High Yield Corporate ETF	FLHY	High Yield Bond	269.63 Mil	0.400%	28	17	—	Active
iShares Interest Rate Hdg Hi Yld Bd ETF	HYGH	High Yield Bond	234.69 Mil	0.520%	1	7	—	Passive
WisdomTree US Hi Yld Corp Bd	WFHY	High Yield Bond	221.32 Mil	0.380%	90	84	—	Passive
Xtrackers Low Beta High Yield Bond ETF	HYDW	High Yield Bond	213.83 Mil	0.200%	55	72	—	Passive
Invesco BulletShares 2027 HY Corp Bd ETF	BSJR	High Yield Bond	192.56 Mil	0.420%	68	—	—	Passive
Invesco BulletShares 2028 HY Corp Bd ETF	BSJS	High Yield Bond	176.04 Mil	0.420%	86	—	—	Passive
Principal Active High Yield ETF	YLD	High Yield Bond	175.42 Mil	0.390%	11	14	—	Active
SPDR® Blackstone High Income ETF	HYBL	High Yield Bond	152.73 Mil	0.700%	—	—	—	Active
Schwab High Yield Bond ETF	SCYB	High Yield Bond	145.62 Mil	0.030%	—	—	—	Passive
Invesco Glb ex-US High Yld Corp Bd ETF	PGHY	High Yield Bond	134.66 Mil	0.350%	32	86	68	Passive
Goldman Sachs Access Hi Yld Corp Bd ETF	GHYB	High Yield Bond	132.28 Mil	0.340%	69	69	—	Passive
iShares US & Intl High Yield Corp Bd ETF	GHYG	High Yield Bond	129.72 Mil	0.400%	92	83	88	Passive
Putnam ESG High Yield ETF	PHYD	High Yield Bond	127.41 Mil	0.550%	—	—	—	Active
AB High Yield ETF	HYFI	High Yield Bond	127.31 Mil	0.400%	57	19	—	Active
iShares ESG Advanced Hi Yld Corp Bd ETF	HYXF	High Yield Bond	126.94 Mil	0.350%	85	77	—	Passive
PGIM Active High Yield Bond ETF	PHYL	High Yield Bond	123.70 Mil	0.390%	71	31	—	Active
Harbor Scientific Alpha High-Yield ETF	SIHY	High Yield Bond	123.54 Mil	0.480%	—	—	—	Active
Simplify High Yield PLUS Credit Hdg ETF	CDX	High Yield Bond	106.44 Mil	0.260%	—	—	—	Active
iShares® iBonds® 2027 Term HY & Inc ETF	IBHG	High Yield Bond	104.87 Mil	0.350%	—	—	—	Passive
Xtrackers Short Duration High Yld Bd ETF	SHYL	High Yield Bond	102.81 Mil	0.200%	18	38	—	Passive
IQ MacKay ESG High Income ETF	IQHI	High Yield Bond	83.23 Mil	0.400%	—	—	—	Active
Nuveen ESG High Yield Corporate Bd ETF	NUHY	High Yield Bond	82.53 Mil	0.310%	87	—	—	Passive
Angel Oak High Yield Opportunities ETF	AOHY	High Yield Bond	76.99 Mil	0.550%	12	13	7	Active
iShares iBonds 2028 Term HY & Inc ETF	IBHH	High Yield Bond	74.32 Mil	0.350%	—	—	—	Passive
iShares High Yld Crp Bd Buywrt Stgy ETF	HYGW	High Yield Bond	63.53 Mil	0.690%	—	—	—	Passive

High Yield Bond ETFs

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