HYG vs HYS
iShares iBoxx $ High Yield Corporate Bond ETF compared with PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund on yield, payout growth, payment schedule, cost and risk.
HYG
iShares iBoxx $ High Yield Corporate Bond ETF
TTM yield · Monthly
HYS
PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
TTM yield · Monthly
Quick take
- HYS yields more today: 7.41% vs 5.99% (forward).
- Both pay every month.
- Over the last year HYS delivered the higher total return: +4.0% vs +3.8% (price change plus payouts).
- HYG is cheaper to own: 0.49% vs 0.56% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | HYG | HYS |
|---|---|---|
| Share price | $79.16 | $92.37 |
| TTM yield | 5.99% | 7.41% |
| Forward yield | 5.99% | 7.41% |
| Annual payout per share | $4.74 | $6.84 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Oct 1, 2026 (est.) | Oct 1, 2026 (est.) |
| Expense ratio | 0.49% | 0.56% |
| 1-year payout growth | — | +0.6% |
| 5-year payout CAGR | — | +10.3% |
| Consecutive years of increases | — | 4 years |
| Payout consistency (last 12) | 95/100 | 93/100 |
| 1-year total return | +3.8% | +4.0% |
| 1-year price return | -2.1% | -3.2% |
| Size (market cap / AUM) | 16.2B | 1.8B |
| Years paying | 19.4 | 15.2 |
| Sector / category | High Yield Bond | High Yield Bond |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| HYG | HYS | |
|---|---|---|
| Shares | 126.3 | 108.3 |
| Income per year | $599 | $741 |
| Income per month (avg) | $50 | $62 |
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| HYG Oct 1, 2026 | Oct 15, 2026 | $0.395 | Est. |
| HYG Oct 31, 2026 | Nov 14, 2026 | $0.395 | Est. |
| HYG Nov 30, 2026 | Dec 14, 2026 | $0.395 | Est. |
| HYS Oct 1, 2026 | Oct 15, 2026 | $0.57 | Est. |
| HYS Oct 31, 2026 | Nov 14, 2026 | $0.57 | Est. |
| HYS Nov 30, 2026 | Dec 14, 2026 | $0.57 | Est. |
Annual payouts per share
HYGHYS
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, HYG or HYS?
HYS currently has the higher trailing yield: HYG yields 5.99% and HYS yields 7.41%. Yield changes daily with price, so check the live figures above.
How often do HYG and HYS pay?
HYG pays every month and HYS pays every month. HYG's next ex-date is Oct 1, 2026 and HYS's is Oct 1, 2026.
Is HYG or HYS better for income?
It depends on what you are optimising for. HYG and HYS differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.