HYGV Alternatives & Similar ETFs

FlexShares High Yield Value-Scored US Bond Index Fund (HYGV) 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 HYGV. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to HYGV

HYGV charges 0.37% annually. There are 43 ETFs in the High Yield Bonds category with lower expense ratios, going as low as 0.03%.

Symbol	Name	Expense Ratio	AUM	Inception
SCYB	Schwab High Yield Bond ETF	0.03%	2.54B	Jul 2023	HYGV vs SCYB
SPHY	SPDR Portfolio High Yield Bond ETF	0.05%	11.07B	Jun 2012	HYGV vs SPHY
USHY	iShares Broad USD High Yield Corporate Bond ETF	0.15%	26.83B	Oct 2017	HYGV vs USHY
HYLB	Xtrackers USD High Yield Corporate Bond ETF	0.15%	3.48B	Dec 2016	HYGV vs HYLB
BBHY	JPMorgan BetaBuilders USD High Yield Corporate Bon...	0.15%	608.96M	Sep 2016	HYGV vs BBHY

Best Risk-Adjusted Alternatives to HYGV

HYGV has a PortfoliosLab risk / return rank of 56. There are 62 ETFs in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 97.

Symbol	Name	Risk / Return Rank	AUM	Inception
IBHE	iShares iBonds 2025 Term High Yield & Income ETF	97	364.90M	May 2019	HYGV vs IBHE
BSJQ	Invesco BulletShares 2026 High Yield Corp Bond ETF	95	1.03B	Aug 2018	HYGV vs BSJQ
XHYE	BondBloxx US High Yield Energy Sector ETF	94	5.96M	Feb 2022	HYGV vs XHYE
FLRT	Pacific Global Senior Loan ETF	85	615.17M	Feb 2015	HYGV vs FLRT
LDRH	iShares iBonds 1-5 Year High Yield and Income Ladd...	85	8.41M	Nov 2024	HYGV vs LDRH

Top Performing HYGV Alternatives (YTD)

HYGV is at 1.42% YTD. There are 53 ETFs in the High Yield Bonds category with higher YTD returns, going as high as 14.37%.

Symbol	Name	YTD Return	AUM	Inception
DADS	Digital Asset Debt Strategy ETF	14.37%	—	Aug 2025	HYGV vs DADS
HYEM	VanEck Vectors Emerging Markets High Yield Bond ET...	3.92%	510.68M	May 2012	HYGV vs HYEM
XHYE	BondBloxx US High Yield Energy Sector ETF	3.57%	5.96M	Feb 2022	HYGV vs XHYE
FSYD	Fidelity Sustainable High Yield ETF	3.35%	112.95M	Feb 2022	HYGV vs FSYD
HYHG	ProShares High Yield-Interest Rate Hedged	2.90%	173.54M	May 2013	HYGV vs HYHG

Lowest Volatility Alternatives to HYGV

HYGV has 3.85% 1-year volatility. There are 75 ETFs in the High Yield Bonds category with lower 1-year volatility, going as low as 0.00%.

Symbol	Name	Volatility 1Y	AUM	Inception
IBHD	iShares iBonds 2024 Term High Yield & Income ETF	0.00%	310.08M	May 2019	HYGV vs IBHD
BSJO	Invesco BulletShares 2024 High Yield Corporate Bon...	0.00%	437.22M	Sep 2016	HYGV vs BSJO
ESHY	Xtrackers J.P. Morgan ESG USD High Yield Corporate...	0.00%	6.49M	Mar 2015	HYGV vs ESHY
HYXU	iShares Euro High Yield Corporate Bond USD Hedged ...	0.00%	71.08M	Apr 2012	HYGV vs HYXU
IBHE	iShares iBonds 2025 Term High Yield & Income ETF	0.78%	364.90M	May 2019	HYGV vs IBHE

Lowest Drawdown Alternatives to HYGV

HYGV has a 1-year max drawdown of -2.68%. There are 61 ETFs in the High Yield Bonds category with shallower 1-year drawdowns, going as shallow as -0.22%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
IBHE	iShares iBonds 2025 Term High Yield & Income ETF	-0.22%	364.90M	May 2019	HYGV vs IBHE
BSJQ	Invesco BulletShares 2026 High Yield Corp Bond ETF	-0.54%	1.03B	Aug 2018	HYGV vs BSJQ
IBHG	iShares iBonds 2027 Term High Yield and Income ETF	-0.73%	437.71M	Jul 2021	HYGV vs IBHG
BSJR	Invesco BulletShares 2027 High Yield Corporate Bon...	-1.16%	849.28M	Sep 2019	HYGV vs BSJR
XHYE	BondBloxx US High Yield Energy Sector ETF	-1.21%	5.96M	Feb 2022	HYGV vs XHYE

Other ETFs from Northern Trust

The 10 most viewed Northern Trust ETFs shown here include GUNR, ESG, QLC and span 9 categories. AUM among these funds goes as high as $7B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
GUNR	FlexShares Morningstar Global Upstream Natural Res...	Commodity Producers Equities	84	19.20%	7.37B	Sep 2011	HYGV vs GUNR
ESG	FlexShares STOXX US ESG Select Index Fund	Large Cap Growth Equities	67	12.20%	136.17M	Jul 2016	HYGV vs ESG
QLC	FlexShares US Quality Large Cap Index Fund	Large Cap Blend Equities	81	11.39%	981.83M	Sep 2015	HYGV vs QLC
IQDF	FlexShares International Quality Dividend Index Fu...	Foreign Large Cap Equities, Dividend	74	15.38%	1.15B	Apr 2013	HYGV vs IQDF
IQDY	FlexShares International Quality Dividend Dynamic ...	Foreign Large Cap Equities, Dividend	79	17.95%	107.42M	Apr 2013	HYGV vs IQDY
TLTD	FlexShares Morningstar Developed Markets ex-US Fac...	Global Equities	51	8.45%	670.95M	Sep 2012	HYGV vs TLTD
TDTF	FlexShares iBoxx 5-Year Target Duration TIPS Index...	Inflation-Protected Bonds	54	1.52%	1.04B	Sep 2011	HYGV vs TDTF
TDTT	FlexShares iBoxx 3-Year Target Duration TIPS Index...	Inflation-Protected Bonds	84	1.81%	2.58B	Sep 2011	HYGV vs TDTT
QLV	FlexShares US Quality Low Volatility Index Fund	Volatility Hedged Equity	53	5.48%	161.41M	Jul 2019	HYGV vs QLV
LKOR	FlexShares Credit-Scored U.S. Long Corporate Bond ...	Corporate Bonds	26	0.74%	33.63M	Sep 2015	HYGV vs LKOR

Often Compared With HYGV

Investors most often compare HYGV with HYG, SPY, HYGH. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
HYG	iShares iBoxx $ High Yield Corporate Bond ETF	High Yield Bonds	55	1.32%	16.11B	Apr 2007	HYGV vs HYG
SPY	State Street SPDR S&P 500 ETF	S&P 500	70	10.91%	781.00B	Jan 1993	HYGV vs SPY
HYGH	iShares Interest Rate Hedged High Yield Bond ETF	High Yield Bonds	73	2.83%	529.12M	May 2014	HYGV vs HYGH
SCHD	Schwab U.S. Dividend Equity ETF	Dividend	80	19.01%	94.95B	Oct 2011	HYGV vs SCHD
PFXF	VanEck Vectors Preferred Securities ex Financials ...	Preferred Stock/Convertible Bonds	61	8.54%	2.51B	Jul 2012	HYGV vs PFXF
HYUP	Xtrackers High Beta High Yield Bond ETF	High Yield Bonds	54	1.63%	43.94M	Jan 2018	HYGV vs HYUP
HNDL	Strategy Shares Nasdaq 7HANDL Index ETF	Diversified Portfolio	64	6.89%	668.53M	Jan 2018	HYGV vs HNDL
CEFS	Saba Closed-End Funds ETF	Event Driven	80	13.75%	332.90M	Mar 2017	HYGV vs CEFS
IWY	iShares Russell Top 200 Growth ETF	Large Cap Growth Equities	41	7.20%	17.61B	Sep 2009	HYGV vs IWY
HYGW	iShares High Yield Corporate Bond Buywrite Strateg...	High Yield Bonds	77	1.69%	108.68M	Aug 2022	HYGV vs HYGW
FDHY	Fidelity High Yield Factor ETF	High Yield Bonds	79	2.16%	497.09M	Jun 2018	HYGV vs FDHY
BKHY	BNY Mellon High Yield Beta ETF	High Yield Bonds	63	1.73%	152.15M	Apr 2020	HYGV vs BKHY
THYF	T. Rowe Price U.S. High Yield ETF	High Yield Bonds	61	1.50%	815.62M	Oct 2022	HYGV vs THYF
HYDW	Xtrackers Low Beta High Yield Bond ETF	High Yield Bonds	60	0.89%	65.61M	Jan 2018	HYGV vs HYDW
AGGH	Simplify Aggregate Bond ETF	Intermediate Core Bond	44	0.48%	493.82M	Feb 2022	HYGV vs AGGH
FLHY	Franklin Liberty High Yield Corporate ETF	High Yield Bonds	67	1.75%	1.16B	May 2018	HYGV vs FLHY
CSHI	Neos Enhanced Income Cash Alternative ETF	Ultrashort Bond	99	2.26%	1.28B	Aug 2022	HYGV vs CSHI
AGEPX	American Beacon Frontier Markets Income Fund	Emerging Markets Bonds	98	6.76%	—	Feb 2014	HYGV vs AGEPX
NEA	Nuveen AMT-Free Quality Municipal Income Fund		78	1.73%	—	Nov 2002	HYGV vs NEA
FSHGX	Fidelity SAI High Income Fund	High Yield Bonds	95	3.81%	—	May 2021	HYGV vs FSHGX

Compare HYGV with Any Fund or Stock

Compare HYGV with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair HYGV with funds that move differently

FlexShares High Yield Value-Scored US Bond Index Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HYGV.

Explore HYGV Diversifiers

FlexShares High Yield Value-Scored US Bond Index Fund (HYGV) Alternatives