HYG vs IWD
iShares iBoxx $ High Yield Corporate Bond ETF vs iShares Russell 1000 Value 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 Russell 1000 Value ETF (IWD) is an exchange-traded fund issued by iShares that provides exposure to large-cap U.S. value stocks trading at below-market valuations. It charges a moderate expense ratio of 0.18%. The fund offers a moderate dividend yield of 1.67%. Launched in 2000, the fund has a 26-year track record.
Quick Verdict
IWD is significantly cheaper at 0.18% vs 0.49% expense ratio, saving you approximately $603 per $10,000 invested over 10 years. Over the past year, IWD has significantly outperformed with a 14.4% return vs 0.9%. Income investors may prefer HYG for its higher yield (5.9% vs 1.7%).
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
Top Holdings
IWD Top Holdings
| Name | Weight |
|---|---|
| Berkshire Hathaway Inc.BRK.B | 2.89% |
| JPMorgan Chase & Co.JPM | 2.57% |
| Exxon Mobil CorporationXOM | 2.42% |
| Johnson & JohnsonJNJ | 1.94% |
| Amazon.com, Inc.AMZN | 1.76% |
| Walmart Inc.WMT | 1.61% |
| Alphabet Inc.GOOG | 1.54% |
| Micron Technology, Inc.MU | 1.34% |
| Chevron CorporationCVX | 1.32% |
Which One Should You Choose?
Choose IWD if...
you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.
Choose IWD if...
recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.
Choose HYG if...
you prioritize dividend income and want higher regular distributions from your portfolio.