iShares High Yield Systematic Bond ETF (HYDB) belongs to the High Yield Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with HYDB. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to HYDB
HYDB charges 0.35% annually. There are 25 ETFs in the High Yield Bonds category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Schwab High Yield Bond ETF | 0.03% | 2.68B | Jul 2023 | HYDB vs SCYB | |
| SPDR Portfolio High Yield Bond ETF | 0.05% | 11.41B | Jun 2012 | HYDB vs SPHY | |
| Nuveen High Yield Corporate Bond ETF | 0.08% | 1.71B | Sep 2025 | HYDB vs NHYB | |
| iShares Broad USD High Yield Corporate Bond ETF | 0.15% | 28.80B | Oct 2017 | HYDB vs USHY | |
| Xtrackers USD High Yield Corporate Bond ETF | 0.15% | 3.54B | Dec 2016 | HYDB vs HYLB |
Best Risk-Adjusted Alternatives to HYDB
HYDB has a PortfoliosLab risk / return rank of 55. There are 63 ETFs in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco BulletShares 2026 High Yield Corp Bond ETF | 96 | 907.20M | Aug 2018 | HYDB vs BSJQ | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | 90 | 852.94M | Sep 2019 | HYDB vs BSJR | |
| WisdomTree Interest Rate Hedged High Yield Bond Fu... | 89 | 255.19M | Dec 2013 | HYDB vs HYZD | |
| iShares iBonds 1-5 Year High Yield and Income Ladd... | 88 | 22.06M | Nov 2024 | HYDB vs LDRH | |
| iShares iBonds 2027 Term High Yield and Income ETF | 87 | 499.12M | Jul 2021 | HYDB vs IBHG |
Top Performing HYDB Alternatives (YTD)
HYDB is at 1.36% YTD. There are 71 ETFs in the High Yield Bonds category with higher YTD returns, going as high as 8.09%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Digital Asset Debt Strategy ETF | 8.09% | — | Aug 2025 | HYDB vs DADS | |
| Man Active High Yield ETF | 5.06% | 19.82M | Sep 2025 | HYDB vs MHY | |
| ProShares High Yield-Interest Rate Hedged | 4.22% | 179.11M | May 2013 | HYDB vs HYHG | |
| VanEck Vectors Emerging Markets High Yield Bond ET... | 4.07% | 522.28M | May 2012 | HYDB vs HYEM | |
| iShares Interest Rate Hedged High Yield Bond ETF | 3.61% | 566.14M | May 2014 | HYDB vs HYGH |
Lowest Volatility Alternatives to HYDB
HYDB has 3.80% 1-year volatility. There are 64 ETFs in the High Yield Bonds category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Xtrackers J.P. Morgan ESG USD High Yield Corporate... | 0.00% | 6.49M | Mar 2015 | HYDB vs ESHY | |
| Invesco BulletShares 2026 High Yield Corp Bond ETF | 1.35% | 907.20M | Aug 2018 | HYDB vs BSJQ | |
| Pacific Global Senior Loan ETF | 1.47% | 637.48M | Feb 2015 | HYDB vs FLRT | |
| State Street My2027 High Yield Corporate Bond ETF | 1.84% | 4.98M | Feb 2026 | HYDB vs MYHA | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | 1.96% | 852.94M | Sep 2019 | HYDB vs BSJR |
Lowest Drawdown Alternatives to HYDB
HYDB has a 1-year max drawdown of -2.83%. There are 65 ETFs in the High Yield Bonds category with shallower 1-year drawdowns, going as shallow as -0.54%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco BulletShares 2026 High Yield Corp Bond ETF | -0.54% | 907.20M | Aug 2018 | HYDB vs BSJQ | |
| iShares iBonds 2027 Term High Yield and Income ETF | -0.73% | 499.12M | Jul 2021 | HYDB vs IBHG | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | -1.16% | 852.94M | Sep 2019 | HYDB vs BSJR | |
| iShares iBonds 2028 Term High Yield and Income ETF | -1.22% | 450.96M | Mar 2022 | HYDB vs IBHH | |
| iShares iBonds 1-5 Year High Yield and Income Ladd... | -1.23% | 22.06M | Nov 2024 | HYDB vs LDRH |
Other ETFs from iShares
The 10 most viewed iShares ETFs shown here include SGOV, IBIT, SOXX and span 14 categories. AUM among these funds goes as high as $894B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | Ultrashort Bond | 100 | 1.92% | 97.69B | May 2020 | HYDB vs SGOV | |
| iShares Bitcoin Trust ETF | Cryptocurrency | 1 | -29.06% | 46.82B | Jan 2024 | HYDB vs IBIT | |
| iShares Semiconductor ETF | Semiconductors, Technology Equities | 93 | 84.03% | 47.60B | Jul 2001 | HYDB vs SOXX | |
| iShares Core S&P 500 ETF | S&P 500 | 66 | 10.46% | 894.38B | May 2000 | HYDB vs IVV | |
| iShares 20+ Year Treasury Bond ETF | Government Bonds, Long-Term Bond | 13 | -1.48% | 42.18B | Jul 2002 | HYDB vs TLT | |
| iShares Core Dividend Growth ETF | Large Cap Growth Equities, Dividend | 86 | 12.23% | 42.05B | Jun 2014 | HYDB vs DGRO | |
| iShares Silver Trust | Silver, Precious Metals | 27 | -19.03% | 28.37B | Apr 2006 | HYDB vs SLV | |
| iShares Gold Trust | Gold, Precious Metals | 22 | -7.29% | 60.94B | Jan 2005 | HYDB vs IAU | |
| iShares Russell 2000 ETF | Small Cap Blend Equities | 69 | 19.72% | 83.34B | May 2000 | HYDB vs IWM | |
| iShares MSCI ACWI ETF | Global Equities | 63 | 10.93% | 33.36B | Mar 2008 | HYDB vs ACWI |
Often Compared With HYDB
Investors most often compare HYDB with HYG, VWEAX, HYBB. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare HYDB with Any Fund or Stock
Compare HYDB with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair HYDB with funds that move differently
iShares High Yield Systematic Bond ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HYDB.
Explore HYDB Diversifiers