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 39 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%	2.60B	Jul 2023	HYGV vs SCYB
SPHY	SPDR Portfolio High Yield Bond ETF	0.05%	11.10B	Jun 2012	HYGV vs SPHY
NHYB	Nuveen High Yield Corporate Bond ETF	0.08%	1.69B	Sep 2025	HYGV vs NHYB
BBHY	JPMorgan BetaBuilders USD High Yield Corporate Bon...	0.15%	615.80M	Sep 2016	HYGV vs BBHY
USHY	iShares Broad USD High Yield Corporate Bond ETF	0.15%	28.01B	Oct 2017	HYGV vs USHY

Best Risk-Adjusted Alternatives to HYGV

HYGV has a PortfoliosLab risk / return rank of 53. There are 57 ETFs in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 95.

Symbol	Name	Risk / Return Rank	AUM	Inception
BSJQ	Invesco BulletShares 2026 High Yield Corp Bond ETF	95	962.59M	Aug 2018	HYGV vs BSJQ
LDRH	iShares iBonds 1-5 Year High Yield and Income Ladd...	85	9.36M	Nov 2024	HYGV vs LDRH
HYZD	WisdomTree Interest Rate Hedged High Yield Bond Fu...	84	239.72M	Dec 2013	HYGV vs HYZD
FLRT	Pacific Global Senior Loan ETF	84	624.90M	Feb 2015	HYGV vs FLRT
IBHG	iShares iBonds 2027 Term High Yield and Income ETF	82	500.53M	Jul 2021	HYGV vs IBHG

Top Performing HYGV Alternatives (YTD)

HYGV is at 1.68% YTD. There are 55 ETFs in the High Yield Bonds category with higher YTD returns, going as high as 14.24%.

Symbol	Name	YTD Return	AUM	Inception
DADS	Digital Asset Debt Strategy ETF	14.24%	—	Aug 2025	HYGV vs DADS
HYEM	VanEck Vectors Emerging Markets High Yield Bond ET...	4.28%	522.05M	May 2012	HYGV vs HYEM
MHY	Man Active High Yield ETF	4.09%	19.82M	Sep 2025	HYGV vs MHY
HYHG	ProShares High Yield-Interest Rate Hedged	3.86%	174.87M	May 2013	HYGV vs HYHG
FSYD	Fidelity Sustainable High Yield ETF	3.40%	125.35M	Feb 2022	HYGV vs FSYD

Lowest Volatility Alternatives to HYGV

HYGV has 3.89% 1-year volatility. There are 68 ETFs in the High Yield Bonds category with lower 1-year volatility, going as low as 0.00%.

Symbol	Name	Volatility 1Y	AUM	Inception
ESHY	Xtrackers J.P. Morgan ESG USD High Yield Corporate...	0.00%	6.49M	Mar 2015	HYGV vs ESHY
BSJQ	Invesco BulletShares 2026 High Yield Corp Bond ETF	1.36%	962.59M	Aug 2018	HYGV vs BSJQ
FLRT	Pacific Global Senior Loan ETF	1.59%	624.90M	Feb 2015	HYGV vs FLRT
BSJR	Invesco BulletShares 2027 High Yield Corporate Bon...	2.08%	847.56M	Sep 2019	HYGV vs BSJR
IBHG	iShares iBonds 2027 Term High Yield and Income ETF	2.09%	500.53M	Jul 2021	HYGV vs IBHG

Lowest Drawdown Alternatives to HYGV

HYGV has a 1-year max drawdown of -2.68%. There are 57 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
BSJQ	Invesco BulletShares 2026 High Yield Corp Bond ETF	-0.54%	962.59M	Aug 2018	HYGV vs BSJQ
IBHG	iShares iBonds 2027 Term High Yield and Income ETF	-0.73%	500.53M	Jul 2021	HYGV vs IBHG
BSJR	Invesco BulletShares 2027 High Yield Corporate Bon...	-1.16%	847.56M	Sep 2019	HYGV vs BSJR
IBHH	iShares iBonds 2028 Term High Yield and Income ETF	-1.22%	452.61M	Mar 2022	HYGV vs IBHH
LDRH	iShares iBonds 1-5 Year High Yield and Income Ladd...	-1.23%	9.36M	Nov 2024	HYGV vs LDRH

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...	Natural Resources	54	9.71%	6.94B	Sep 2011	HYGV vs GUNR
ESG	FlexShares STOXX US ESG Select Index Fund	Large Cap Growth Equities	59	10.17%	135.74M	Jul 2016	HYGV vs ESG
QLC	FlexShares US Quality Large Cap Index Fund	Large Cap Blend Equities	75	9.59%	972.82M	Sep 2015	HYGV vs QLC
IQDF	FlexShares International Quality Dividend Index Fu...	Foreign Large Cap Equities, Dividend	73	14.42%	1.15B	Apr 2013	HYGV vs IQDF
IQDY	FlexShares International Quality Dividend Dynamic ...	Foreign Large Cap Equities, Dividend	79	17.66%	107.96M	Apr 2013	HYGV vs IQDY
TLTD	FlexShares Morningstar Developed Markets ex-US Fac...	Global Equities	49	7.09%	656.24M	Sep 2012	HYGV vs TLTD
TDTT	FlexShares iBoxx 3-Year Target Duration TIPS Index...	Inflation-Protected Bonds	61	1.00%	2.54B	Sep 2011	HYGV vs TDTT
TDTF	FlexShares iBoxx 5-Year Target Duration TIPS Index...	Inflation-Protected Bonds	36	0.63%	1.03B	Sep 2011	HYGV vs TDTF
SKOR	FlexShares Credit-Scored US Corporate Bond Index F...	Corporate Bonds	51	0.45%	706.55M	Nov 2014	HYGV vs SKOR
QLV	FlexShares US Quality Low Volatility Index Fund	Volatility Hedged Equity	50	4.13%	156.14M	Jul 2019	HYGV vs QLV

Often Compared With HYGV

Investors most often compare HYGV with HYG, SPY, HYGH. These 20 comparison targets span 12 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	52	1.56%	16.56B	Apr 2007	HYGV vs HYG
SPY	State Street SPDR S&P 500 ETF	S&P 500	59	8.15%	765.27B	Jan 1993	HYGV vs SPY
HYGH	iShares Interest Rate Hedged High Yield Bond ETF	High Yield Bonds, Corporate Bonds	79	3.33%	541.60M	May 2014	HYGV vs HYGH
PFXF	VanEck Vectors Preferred Securities ex Financials ...	Preferred Stock/Convertible Bonds	50	5.24%	2.50B	Jul 2012	HYGV vs PFXF
SCHD	Schwab U.S. Dividend Equity ETF	Dividend	77	17.72%	99.95B	Oct 2011	HYGV vs SCHD
HYUP	Xtrackers High Beta High Yield Bond ETF	High Yield Bonds	49	1.83%	43.71M	Jan 2018	HYGV vs HYUP
HNDL	Strategy Shares Nasdaq 7HANDL Index ETF	Diversified Portfolio	62	6.62%	668.53M	Jan 2018	HYGV vs HNDL
CEFS	Saba Closed-End Funds ETF	Event Driven, Actively Managed	86	15.16%	332.90M	Mar 2017	HYGV vs CEFS
HYGW	iShares High Yield Corporate Bond Buywrite Strateg...	High Yield Bonds	81	2.25%	108.14M	Aug 2022	HYGV vs HYGW
IWY	iShares Russell Top 200 Growth ETF	Large Cap Growth Equities	30	1.47%	16.81B	Sep 2009	HYGV vs IWY
FDHY	Fidelity High Yield Factor ETF	High Yield Bonds	77	2.43%	521.95M	Jun 2018	HYGV vs FDHY
BKHY	BNY Mellon High Yield Beta ETF	High Yield Bonds	62	1.83%	152.11M	Apr 2020	HYGV vs BKHY
THYF	T. Rowe Price U.S. High Yield ETF	High Yield Bonds	55	1.84%	818.81M	Oct 2022	HYGV vs THYF
HYDW	Xtrackers Low Beta High Yield Bond ETF	High Yield Bonds	62	1.28%	65.44M	Jan 2018	HYGV vs HYDW
AGGH	Simplify Aggregate Bond ETF	Intermediate Core Bond	36	0.68%	512.36M	Feb 2022	HYGV vs AGGH
FLHY	Franklin Liberty High Yield Corporate ETF	High Yield Bonds	66	1.96%	1.17B	May 2018	HYGV vs FLHY
AGEPX	American Beacon Frontier Markets Income Fund	Emerging Markets Bonds	98	7.45%	—	Feb 2014	HYGV vs AGEPX
CSHI	NEOS Enhanced Income 1-3 Month T-Bill ETF	Ultrashort Bond	99	2.39%	1.34B	Aug 2022	HYGV vs CSHI
NEA	Nuveen AMT-Free Quality Municipal Income Fund		79	2.78%	—	Nov 2002	HYGV vs NEA
FSHGX	Fidelity SAI High Income Fund	High Yield Bonds	94	3.59%	—	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