HYG vs USIG

Comparison between ISHARES IBOXX $ HIGH YIELD CORPORATE BOND ETF (HYG, ETF) and ISHARES BROAD USD INVESTMENT GRADE CORPORATE BOND ETF (USIG, ETF).

5-Year PerformanceHYG has outperformed USIG, delivering a return of +3.9% compared to +0.9%

HYG vs USIG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HYG(ETF)	USIG(ETF)
Net Assets	$17B	$17B
Expense Ratio	0.49%	0.04%
Max Drawdown	41.90%	24.90%
Sharpe Ratio	1.00	0.63
5Y Beta	0.24	0.10
5Y Dividends CAGR	4.66%	9.69%

Net Assets

HYG

$17B

USIG

$17B

Expense Ratio

HYG

0.49%

Winner

USIG

0.04%

Max Drawdown

HYG

41.90%

Winner

USIG

24.90%

Sharpe Ratio

Winner

HYG

1.00

USIG

0.63

5Y Beta

HYG

0.24

Winner

USIG

0.10

5Y Dividends CAGR

HYG

4.66%

Winner

USIG

9.69%

HYG vs USIG - Historical Returns

Returns include dividend reinvestment.

Period	HYG	USIG
1 month	+0.03%	-0.36%
3 months	+0.35%	-0.89%
6 months	+2.12%	+0.44%
1 year	+6.72%	+6.45%
5 years(CAGR)	+3.93%	+0.94%
10 years(CAGR)	+5.00%	+2.65%
Max(CAGR)	+4.96%	+3.93%

Winner

HYG

+0.03%

USIG

-0.36%

Winner

HYG

+0.35%

USIG

-0.89%

Winner

HYG

+2.12%

USIG

+0.44%

Winner

HYG

+6.72%

USIG

+6.45%

5Y(CAGR)

Winner

HYG

+3.93%

USIG

+0.94%

10Y(CAGR)

Winner

HYG

+5.00%

USIG

+2.65%

Max(CAGR)

Winner

HYG

+4.96%

USIG

+3.93%

HYG vs USIG - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	HYG	USIG
2026	+0.99%	+0.21%
2025	+8.34%	+7.86%
2024	+8.33%	+3.06%
2023	+11.32%	+7.57%
2022	-10.95%	-14.62%
2021	+3.96%	-1.05%
2020	+4.04%	+9.20%
2019	+14.24%	+13.82%
2018	-2.11%	-1.91%
2017	+5.63%	+5.66%
2016	+14.09%	+5.33%
2015	-5.03%	-1.76%
2014	+1.72%	+7.98%
2013	+4.77%	-2.51%
2012	+11.30%	+7.70%
2011	+6.68%	+9.02%
2010	+11.02%	+7.81%
2009	+28.98%	+11.22%
2008	-16.57%	-0.75%
2007	+1.62%	+4.73%

HYG vs USIG Drawdown Comparison

The maximum drawdown for HYG was -34.28%, occurring on Nov 20, 2008. Recovery took 556 trading sessions.

The maximum drawdown for USIG was -22.21%, occurring on Oct 10, 2008. Recovery took 334 trading sessions.

The current HYG drawdown is -0.45%. The current USIG drawdown is -1.33%.

Rank	HYG	USIG
#1	-34.28% Sep 19, 2007 - Dec 2, 2009	-22.21% Feb 5, 2008 - Jun 3, 2009
#2	-22.03% Feb 13, 2020 - Nov 4, 2020	-21.45% Sep 22, 2021 - Oct 14, 2025
#3	-15.79% Dec 27, 2021 - Mar 7, 2024	-18.88% Mar 6, 2020 - Jun 30, 2020
#4	-13.44% Apr 15, 2015 - Jul 8, 2016	-7.07% May 2, 2013 - May 1, 2014
#5	-10.05% Jul 22, 2011 - Oct 24, 2011	-5.24% Dec 31, 2020 - Jul 28, 2021
#6	-8.38% May 25, 2007 - Sep 18, 2007	-5.04% Aug 29, 2016 - Jun 14, 2017
#7	-7.90% Oct 27, 2011 - Dec 23, 2011	-4.96% Jan 30, 2015 - Apr 5, 2016
#8	-7.07% Apr 23, 2010 - Jul 20, 2010	-4.68% Oct 7, 2010 - May 5, 2011
#9	-7.05% May 8, 2013 - Nov 29, 2013	-4.06% Dec 15, 2017 - Feb 8, 2019
#10	-6.42% Jun 25, 2014 - Apr 15, 2015	-3.19% Mar 7, 2007 - Sep 5, 2007
#11	-6.41% Oct 1, 2018 - Jan 31, 2019	-2.79% Feb 23, 2026 - Mar 27, 2026
#12	-6.05% Jan 8, 2010 - Mar 16, 2010	-2.78% Nov 26, 2007 - Jan 7, 2008
#13	-4.56% May 18, 2011 - Jul 7, 2011	-2.50% Aug 28, 2019 - Oct 4, 2019
#14	-4.56% Feb 28, 2025 - May 12, 2025	-2.44% Aug 4, 2011 - Sep 2, 2011
#15	-4.50% May 2, 2012 - Jun 29, 2012	-2.43% Aug 6, 2020 - Nov 23, 2020

Correlation

Correlation between HYG and USIG is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.

0.97

-101

Dividend Comparison (2007 - 2026)

HYG vs USIG dividend yield comparison.

Year	HYG	USIG
2026	2.00%	1.57%
2025	5.71%	4.62%
2024	6.01%	4.51%
2023	5.74%	3.94%
2022	5.30%	3.14%
2021	4.02%	2.33%
2020	4.88%	2.82%
2019	4.99%	3.37%
2018	5.54%	3.44%
2017	5.12%	3.03%
2016	5.27%	2.87%
2015	5.90%	3.24%
2014	5.69%	3.32%
2013	6.10%	3.53%
2012	6.60%	3.23%
2011	7.51%	4.11%
2010	8.25%	4.56%
2009	9.48%	4.95%
2008	10.08%	5.12%
2007	5.23%	5.22%