HYG vs IEF
iShares iBoxx $ High Yield Corporate Bond ETF vs iShares 7-10 Year Treasury Bond ETF
Last updated: 2026-04-02
iShares iBoxx $ High Yield Corporate Bond ETF (HYG) is an exchange-traded fund issued by iShares that provides exposure to below-investment-grade U.S. corporate bonds offering higher yields. It charges an above-average expense ratio of 0.49%. The fund offers a high dividend yield of 5.88%. Launched in 2007, the fund has a 19-year track record.
iShares 7-10 Year Treasury Bond ETF (IEF) is an exchange-traded fund issued by iShares that provides exposure to intermediate-term U.S. Treasury bonds. It charges a low expense ratio of 0.15%. The fund offers an attractive dividend yield of 3.84%. Launched in 2002, the fund has a 24-year track record.
Quick Verdict
IEF is significantly cheaper at 0.15% vs 0.49% expense ratio, saving you approximately $662 per $10,000 invested over 10 years. HYG has edged ahead over the past year (0.9% vs -0.4%). Income investors may prefer HYG for its higher yield (5.9% vs 3.8%).
Key Metrics
Performance Chart
Indexed to 100 at start (5-year comparison)
Performance Comparison
Fee Impact Over Time
Estimated fee cost difference assuming 8% annual returns
Risk Metrics
Based on 5 years of daily returns
Dividend Comparison
Which One Should You Choose?
Choose IEF if...
you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.
Choose HYG if...
you prioritize dividend income and want higher regular distributions from your portfolio.