HYGV Alternatives & Similar ETFs

FlexShares High Yield Value-Scored 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 40 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%	2.75B	Jul 2023	HYGV vs SCYB
SPHY	SPDR Portfolio High Yield Bond ETF	0.05%	11.60B	Jun 2012	HYGV vs SPHY
NHYB	Nuveen High Yield Corporate Bond ETF	0.08%	1.70B	Sep 2025	HYGV vs NHYB
USHY	iShares Broad USD High Yield Corporate Bond ETF	0.15%	28.59B	Oct 2017	HYGV vs USHY
BBHY	JPMorgan BetaBuilders USD High Yield Corporate Bon...	0.15%	615.72M	Sep 2016	HYGV vs BBHY

Best Risk-Adjusted Alternatives to HYGV

HYGV has a PortfoliosLab risk / return rank of 66. There are 50 ETFs in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 96.

Symbol	Name	Risk / Return Rank	AUM	Inception
BSJQ	Invesco BulletShares 2026 High Yield Corp Bond ETF	96	870.26M	Aug 2018	HYGV vs BSJQ
SEIX	Virtus Seix Senior Loan ETF	96	251.21M	Apr 2019	HYGV vs SEIX
HYZD	WisdomTree Interest Rate Hedged High Yield Bond Fu...	94	259.69M	Dec 2013	HYGV vs HYZD
BSJR	Invesco BulletShares 2027 High Yield Corporate Bon...	90	865.81M	Sep 2019	HYGV vs BSJR
HYGH	iShares Interest Rate Hedged High Yield Bond ETF	90	596.69M	May 2014	HYGV vs HYGH

Top Performing HYGV Alternatives (YTD)

HYGV is at 2.25% YTD. There are 31 ETFs in the High Yield Bonds category with higher YTD returns, going as high as 8.47%.

Symbol	Name	YTD Return	AUM	Inception
DADS	Digital Asset Debt Strategy ETF	8.47%	—	Aug 2025	HYGV vs DADS
MHY	Man Active High Yield ETF	6.16%	19.82M	Sep 2025	HYGV vs MHY
HYHG	ProShares High Yield-Interest Rate Hedged	4.39%	185.42M	May 2013	HYGV vs HYHG
HYEM	VanEck Emerging Markets High Yield Bond ETF	4.38%	521.46M	May 2012	HYGV vs HYEM
HYZD	WisdomTree Interest Rate Hedged High Yield Bond Fu...	3.90%	259.69M	Dec 2013	HYGV vs HYZD

Lowest Volatility Alternatives to HYGV

HYGV has 3.88% 1-year volatility. There are 70 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	1.29%	870.26M	Aug 2018	HYGV vs BSJQ
SEIX	Virtus Seix Senior Loan ETF	1.63%	251.21M	Apr 2019	HYGV vs SEIX
MYHA	State Street My2027 High Yield Corporate Bond ETF	1.73%	4.98M	Feb 2026	HYGV vs MYHA
BSJR	Invesco BulletShares 2027 High Yield Corporate Bon...	1.95%	865.81M	Sep 2019	HYGV vs BSJR

Lowest Drawdown Alternatives to HYGV

HYGV has a 1-year max drawdown of -2.68%. There are 59 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%	870.26M	Aug 2018	HYGV vs BSJQ
IBHG	iShares iBonds 2027 Term High Yield and Income ETF	-0.73%	507.25M	Jul 2021	HYGV vs IBHG
SEIX	Virtus Seix Senior Loan ETF	-1.13%	251.21M	Apr 2019	HYGV vs SEIX
BSJR	Invesco BulletShares 2027 High Yield Corporate Bon...	-1.16%	865.81M	Sep 2019	HYGV vs BSJR
IBHH	iShares iBonds 2028 Term High Yield and Income ETF	-1.22%	457.18M	Mar 2022	HYGV vs IBHH

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	79	14.39%	7.23B	Sep 2011	HYGV vs GUNR
ESG	FlexShares STOXX US ESG Select Index Fund	Large Cap Blend Equities	80	12.76%	132.05M	Jul 2016	HYGV vs ESG
QLC	FlexShares US Quality Large Cap Index Fund	Quality Factor, Large Cap Blend Equities	88	13.57%	1.01B	Sep 2015	HYGV vs QLC
IQDF	FlexShares International Quality Dividend Index Fu...	Quality Factor, Foreign Large Cap Equities, Dividend	84	16.72%	1.15B	Apr 2013	HYGV vs IQDF
IQDY	FlexShares International Quality Dividend Dynamic ...	Quality Factor, Foreign Large Cap Equities, Dividend	86	18.34%	111.04M	Apr 2013	HYGV vs IQDY
TLTD	FlexShares Morningstar Developed Markets ex-US Fac...	Global Equities	71	11.20%	670.09M	Sep 2012	HYGV vs TLTD
TDTT	FlexShares iBoxx 3-Year Target Duration TIPS Index...	Inflation-Protected Bonds	58	1.36%	2.54B	Sep 2011	HYGV vs TDTT
TDTF	FlexShares iBoxx 5-Year Target Duration TIPS Index...	Inflation-Protected Bonds	31	0.91%	1.04B	Sep 2011	HYGV vs TDTF
SKOR	FlexShares Credit-Scored US Corporate Bond Index F...	Corporate Bonds	39	0.18%	736.69M	Nov 2014	HYGV vs SKOR
QLV	FlexShares US Quality Low Volatility Index Fund	Quality Factor, Low Volatility	83	9.55%	163.65M	Jul 2019	HYGV vs QLV

Often Compared With HYGV

Investors most often compare HYGV with HYG, SPY, PFXF. 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	61	1.81%	17.11B	Apr 2007	HYGV vs HYG
SPY	State Street SPDR S&P 500 ETF	S&P 500	78	11.70%	789.06B	Jan 1993	HYGV vs SPY
PFXF	VanEck Preferred Securities ex Financials ETF	Preferred Stock	36	4.43%	2.41B	Jul 2012	HYGV vs PFXF
HYUP	Xtrackers High Beta High Yield Bond ETF	High Yield Bonds	54	2.09%	45.33M	Jan 2018	HYGV vs HYUP
SCHD	Schwab U.S. Dividend Equity ETF	Dividend	95	24.36%	104.16B	Oct 2011	HYGV vs SCHD
HNDL	Strategy Shares Nasdaq 7HANDL Index ETF	Diversified Portfolio	68	6.78%	638.44M	Jan 2018	HYGV vs HNDL
CEFS	Saba Closed-End Funds ETF	Actively Managed	86	12.79%	332.90M	Mar 2017	HYGV vs CEFS
HYGW	iShares High Yield Corporate Bond Buywrite Strateg...	Derivative Income, High Yield Bonds	89	2.68%	112.06M	Aug 2022	HYGV vs HYGW
IWY	iShares Russell Top 200 Growth ETF	Large Cap Growth Equities	28	2.05%	15.79B	Sep 2009	HYGV vs IWY
FDHY	Fidelity Enhanced High Yield ETF	High Yield Bonds	86	2.76%	535.82M	Jun 2018	HYGV vs FDHY
HYDW	Xtrackers Low Beta High Yield Bond ETF	High Yield Bonds	74	1.58%	67.52M	Jan 2018	HYGV vs HYDW
BKHY	BNY Mellon High Yield Beta ETF	High Yield Bonds	67	2.22%	160.31M	Apr 2020	HYGV vs BKHY
THYF	T. Rowe Price U.S. High Yield ETF	High Yield Bonds	63	2.03%	841.12M	Oct 2022	HYGV vs THYF
AGGH	Simplify Aggregate Bond ETF	Intermediate Core Bond	31	-0.13%	574.10M	Feb 2022	HYGV vs AGGH
CSHI	NEOS Enhanced Income 1-3 Month T-Bill ETF	Ultrashort Bond	99	2.98%	1.54B	Aug 2022	HYGV vs CSHI
FLHY	Franklin Liberty High Yield Corporate ETF	High Yield Bonds	76	2.22%	1.23B	May 2018	HYGV vs FLHY
AGEPX	American Beacon Frontier Markets Income Fund	Emerging Markets Bonds	98	7.96%	—	Feb 2014	HYGV vs AGEPX
NEA	Nuveen AMT-Free Quality Municipal Income Fund		76	0.96%	—	Nov 2002	HYGV vs NEA
FSHGX	Fidelity SAI High Income Fund	High Yield Bonds	87	2.59%	—	May 2021	HYGV vs FSHGX
LQDB	iShares BBB Rated Corporate Bond ETF	Corporate Bonds	24	-0.12%	59.30M	May 2021	HYGV vs LQDB

Compare HYGV with Any Fund or Stock

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

Symbol name

Diversifiers

Pair HYGV with funds that move differently

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