iShares Inflation Hedged High Yield Bond ETF (HYGI) belongs to the Inflation-Protected Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with HYGI. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to HYGI
HYGI charges 0.52% annually. There are 39 ETFs in the Inflation-Protected Bonds category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Short-Term Inflation-Protected Securities... | 0.03% | 71.10B | Oct 2012 | HYGI vs VTIP | |
| Schwab U.S. TIPS ETF | 0.03% | 16.38B | Aug 2010 | HYGI vs SCHP | |
| Vanguard Total Inflation-Protected Securities ETF | 0.05% | 159.00M | Jul 2025 | HYGI vs VTP | |
| iShares 0-5 Year TIPS Bond ETF | 0.06% | 15.91B | Dec 2010 | HYGI vs STIP | |
| Invesco PureBeta 0-5 Yr US TIPS ETF | 0.07% | 115.79M | Sep 2017 | HYGI vs PBTP |
Best Risk-Adjusted Alternatives to HYGI
Among 35 ETFs in the Inflation-Protected Bonds category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| iShares iBonds Oct 2026 Term TIPS ETF | 98 | 76.82M | Sep 2023 | HYGI vs IBIC | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | 98 | 153.59M | Feb 2025 | HYGI vs RBIL | |
| iShares iBonds Oct 2027 Term TIPS ETF | 97 | 118.24M | Sep 2023 | HYGI vs IBID | |
| iShares iBonds Oct 2028 Term TIPS ETF | 93 | 156.91M | Sep 2023 | HYGI vs IBIE | |
| iShares 0-5 Year TIPS Bond ETF | 93 | 15.91B | Dec 2010 | HYGI vs STIP |
Top Performing HYGI Alternatives (YTD)
Among 40 ETFs in the Inflation-Protected Bonds category with YTD return data, the top-performing alternatives shown here go as high as 15.77%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Multi-Asset Real Return ETF | 15.77% | 1.27B | Apr 2012 | HYGI vs RLY | |
| SPDR FTSE International Government Inflation-Prote... | 3.55% | 470.78M | Mar 2008 | HYGI vs WIP | |
| ProShares Inflation Expectations ETF | 3.18% | 18.35M | Jan 2012 | HYGI vs RINF | |
| iShares 0-1 Year TIPS Bond ETF | 2.90% | 14.08M | Nov 2025 | HYGI vs ICPI | |
| American Beacon Ionic Inflation Protection ETF | 2.87% | 10.49M | Jun 2022 | HYGI vs CPII |
Lowest Volatility Alternatives to HYGI
Among 41 ETFs in the Inflation-Protected Bonds category with 1-year volatility data, the lowest-volatility alternatives shown here go as low as 0.89%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares iBonds Oct 2026 Term TIPS ETF | 0.89% | 76.82M | Sep 2023 | HYGI vs IBIC | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | 0.97% | 153.59M | Feb 2025 | HYGI vs RBIL | |
| iShares 0-1 Year TIPS Bond ETF | 0.98% | 14.08M | Nov 2025 | HYGI vs ICPI | |
| iShares iBonds Oct 2027 Term TIPS ETF | 1.22% | 118.24M | Sep 2023 | HYGI vs IBID | |
| iShares 0-5 Year TIPS Bond ETF | 1.52% | 15.91B | Dec 2010 | HYGI vs STIP |
Lowest Drawdown Alternatives to HYGI
Among 35 ETFs in the Inflation-Protected Bonds category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -0.27%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares iBonds Oct 2026 Term TIPS ETF | -0.27% | 76.82M | Sep 2023 | HYGI vs IBIC | |
| iShares iBonds Oct 2027 Term TIPS ETF | -0.55% | 118.24M | Sep 2023 | HYGI vs IBID | |
| F/m Ultrashort Treasury Inflation-Protected Securi... | -0.56% | 153.59M | Feb 2025 | HYGI vs RBIL | |
| iShares iBonds 1-5 Year TIPS Ladder ETF | -0.63% | 22.45M | Nov 2024 | HYGI vs LDRI | |
| Vanguard Short-Term Inflation-Protected Securities... | -0.71% | 71.10B | Oct 2012 | HYGI vs VTIP |
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 $869B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | Ultrashort Bond | 100 | 2.11% | 99.95B | May 2020 | HYGI vs SGOV | |
| iShares Bitcoin Trust ETF | Cryptocurrency | 1 | -28.22% | 46.52B | Jan 2024 | HYGI vs IBIT | |
| iShares Semiconductor ETF | Semiconductors, Technology Equities | 90 | 67.84% | 44.69B | Jul 2001 | HYGI vs SOXX | |
| iShares Core S&P 500 ETF | S&P 500 | 67 | 10.13% | 869.20B | May 2000 | HYGI vs IVV | |
| iShares Core Dividend Growth ETF | Large Cap Growth Equities, Dividend | 91 | 13.39% | 42.77B | Jun 2014 | HYGI vs DGRO | |
| iShares 20+ Year Treasury Bond ETF | Government Bonds, Long-Term Bond | 9 | -3.49% | 41.54B | Jul 2002 | HYGI vs TLT | |
| iShares Silver Trust | Silver, Precious Metals | 36 | -18.72% | 28.08B | Apr 2006 | HYGI vs SLV | |
| iShares Gold Trust | Gold, Precious Metals | 30 | -6.16% | 59.74B | Jan 2005 | HYGI vs IAU | |
| iShares Russell 2000 ETF | Small Cap Blend Equities | 79 | 18.79% | 80.11B | May 2000 | HYGI vs IWM | |
| iShares MSCI ACWI ETF | Global Equities | 71 | 11.28% | 32.49B | Mar 2008 | HYGI vs ACWI |
Often Compared With HYGI
Investors most often compare HYGI with HYG, SHYG, SHV. These 20 comparison targets span 18 categories, based on PortfoliosLab usage data.
Compare HYGI with Any Fund or Stock
Compare HYGI with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair HYGI with funds that move differently
iShares Inflation Hedged High Yield Bond ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HYGI.
Explore HYGI Diversifiers