ProShares High Yield-Interest Rate Hedged (HYHG) Alternatives
ProShares High Yield-Interest Rate Hedged (HYHG) 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 HYHG. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to HYHG
HYHG charges 0.50% annually. Among ETFs in the High Yield Bonds category, these options have the lowest expense ratios among HYHG alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Schwab High Yield Bond ETF | 0.03% | Jul 10, 2023 | HYHG vs SCYB | |
| SPDR Portfolio High Yield Bond ETF | 0.10% | Jun 18, 2012 | HYHG vs SPHY | |
| Xtrackers USD High Yield Corporate Bond ETF | 0.15% | Dec 7, 2016 | HYHG vs HYLB | |
| JPMorgan BetaBuilders USD High Yield Corporate Bon... | 0.15% | Sep 15, 2016 | HYHG vs BBHY | |
| iShares Broad USD High Yield Corporate Bond ETF | 0.15% | Oct 25, 2017 | HYHG vs USHY |
Best Risk-Adjusted Alternatives to HYHG
Among ETFs in the High Yield Bonds category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| iShares iBonds 2025 Term High Yield & Income ETF | 98 | May 7, 2019 | HYHG vs IBHE | |
| Invesco BulletShares 2026 High Yield Corp Bond ETF | 91 | Aug 9, 2018 | HYHG vs BSJQ | |
| Agility Shares Dynamic Tactical Income ETF | 88 | Jun 25, 2020 | HYHG vs THY | |
| iShares iBonds 1-5 Year High Yield and Income Ladd... | 88 | Nov 7, 2024 | HYHG vs LDRH | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | 87 | Sep 12, 2019 | HYHG vs BSJR |
Top Performing HYHG Alternatives (YTD)
HYHG alternatives from the High Yield Bonds category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| BondBloxx US High Yield Energy Sector ETF | 2.27% | Feb 15, 2022 | HYHG vs XHYE | |
| Principal Active High Yield ETF | 0.96% | Jul 9, 2015 | HYHG vs YLD | |
| Invesco BulletShares 2026 High Yield Corp Bond ETF | 0.66% | Aug 9, 2018 | HYHG vs BSJQ | |
| iShares iBonds 1-5 Year High Yield and Income Ladd... | 0.51% | Nov 7, 2024 | HYHG vs LDRH | |
| PGIM Short Duration High Yield ETF | 0.41% | Dec 14, 2023 | HYHG vs PSH |
Lowest Volatility Alternatives to HYHG
HYHG alternatives from the High Yield Bonds category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| iShares iBonds 2024 Term High Yield & Income ETF | 0.00% | May 7, 2019 | HYHG vs IBHD | |
| Invesco BulletShares 2024 High Yield Corporate Bon... | 0.00% | Sep 14, 2016 | HYHG vs BSJO | |
| Xtrackers J.P. Morgan ESG USD High Yield Corporate... | 0.00% | Mar 3, 2015 | HYHG vs ESHY | |
| iShares iBonds 2025 Term High Yield & Income ETF | 1.33% | May 7, 2019 | HYHG vs IBHE | |
| Pacific Global Senior Loan ETF | 3.04% | Feb 19, 2015 | HYHG vs FLRT |
Lowest Drawdown Alternatives to HYHG
HYHG alternatives from the High Yield Bonds category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| iShares iBonds 2025 Term High Yield & Income ETF | -0.73% | May 7, 2019 | HYHG vs IBHE | |
| Agility Shares Dynamic Tactical Income ETF | -1.60% | Jun 25, 2020 | HYHG vs THY | |
| First Trust Senior Loan Fund | -2.33% | May 1, 2013 | HYHG vs FTSL | |
| Pacific Global Senior Loan ETF | -2.47% | Feb 19, 2015 | HYHG vs FLRT | |
| Invesco BulletShares 2026 High Yield Corp Bond ETF | -2.52% | Aug 9, 2018 | HYHG vs BSJQ |
Other ETFs from ProShares
Most popular ProShares ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| ProShares UltraPro QQQ | Leveraged Equities, Leveraged | 50 | -20.81% | Feb 9, 2010 | HYHG vs TQQQ | |
| ProShares Bitcoin Strategy ETF | Cryptocurrency, Actively Managed | 5 | -23.25% | Oct 19, 2021 | HYHG vs BITO | |
| ProShares Ultra QQQ | Leveraged Equities, Leveraged | 57 | -13.35% | Jun 21, 2006 | HYHG vs QLD | |
| ProShares UltraPro S&P 500 | Leveraged Equities, S&P 500 | 45 | -16.03% | Jun 23, 2009 | HYHG vs UPRO | |
| ProShares Ultra S&P500 | Leveraged Equities, S&P 500 | 51 | -10.23% | Jun 19, 2006 | HYHG vs SSO | |
| ProShares S&P 500 Dividend Aristocrats ETF | S&P 500, Dividend | 27 | 2.36% | Oct 9, 2013 | HYHG vs NOBL | |
| ProShares Ultra Semiconductors | Leveraged Equities, Semiconductors | 90 | -8.58% | Jan 30, 2007 | HYHG vs USD | |
| ProShares UltraPro Short QQQ | Leveraged Equities, Leveraged | 2 | 18.46% | Feb 9, 2010 | HYHG vs SQQQ | |
| ProShares Ultra VIX Short-Term Futures ETF | Leveraged, Volatility | 5 | 45.56% | Oct 3, 2011 | HYHG vs UVXY | |
| Proshares Ultra Bitcoin ETF | Cryptocurrency, Leveraged Cryptocurrency | 3 | -47.12% | Apr 1, 2024 | HYHG vs BITU |
Often Compared With HYHG
What investors most often compare with HYHG, based on PortfoliosLab usage data.
Compare HYHG with Any Fund or Stock
Compare HYHG with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.