HYS Alternatives & Similar ETFs

PIMCO 0-5 Year High Yield Corporate Bond Index ETF (HYS) 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 HYS. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to HYS

HYS charges 0.56% annually. There are 96 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	HYS vs SCYB
SPHY	SPDR Portfolio High Yield Bond ETF	0.10%	11.07B	Jun 2012	HYS vs SPHY
USHY	iShares Broad USD High Yield Corporate Bond ETF	0.15%	26.83B	Oct 2017	HYS vs USHY
BBHY	JPMorgan BetaBuilders USD High Yield Corporate Bon...	0.15%	608.96M	Sep 2016	HYS vs BBHY
HYLB	Xtrackers USD High Yield Corporate Bond ETF	0.15%	3.48B	Dec 2016	HYS vs HYLB

Best Risk-Adjusted Alternatives to HYS

HYS has a PortfoliosLab risk / return rank of 71. There are 28 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	HYS vs IBHE
BSJQ	Invesco BulletShares 2026 High Yield Corp Bond ETF	95	1.03B	Aug 2018	HYS vs BSJQ
XHYE	BondBloxx US High Yield Energy Sector ETF	94	5.96M	Feb 2022	HYS vs XHYE
LDRH	iShares iBonds 1-5 Year High Yield and Income Ladd...	87	8.41M	Nov 2024	HYS vs LDRH
FLRT	Pacific Global Senior Loan ETF	86	615.17M	Feb 2015	HYS vs FLRT

Top Performing HYS Alternatives (YTD)

HYS is at 1.42% YTD. There are 68 ETFs in the High Yield Bonds category with higher YTD returns, going as high as 15.40%.

Symbol	Name	YTD Return	AUM	Inception
DADS	Digital Asset Debt Strategy ETF	15.40%	—	Aug 2025	HYS vs DADS
HYEM	VanEck Vectors Emerging Markets High Yield Bond ET...	4.02%	510.68M	May 2012	HYS vs HYEM
FSYD	Fidelity Sustainable High Yield ETF	3.62%	112.95M	Feb 2022	HYS vs FSYD
XHYE	BondBloxx US High Yield Energy Sector ETF	3.57%	5.96M	Feb 2022	HYS vs XHYE
HYHG	ProShares High Yield-Interest Rate Hedged	3.36%	173.54M	May 2013	HYS vs HYHG

Lowest Volatility Alternatives to HYS

HYS has 3.47% 1-year volatility. There are 45 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	HYS vs ESHY
IBHD	iShares iBonds 2024 Term High Yield & Income ETF	0.00%	310.08M	May 2019	HYS vs IBHD
BSJO	Invesco BulletShares 2024 High Yield Corporate Bon...	0.00%	437.22M	Sep 2016	HYS vs BSJO
HYXU	iShares Euro High Yield Corporate Bond USD Hedged ...	0.00%	71.08M	Apr 2012	HYS vs HYXU
IBHE	iShares iBonds 2025 Term High Yield & Income ETF	0.81%	364.90M	May 2019	HYS vs IBHE

Lowest Drawdown Alternatives to HYS

HYS has a 1-year max drawdown of -1.88%. There are 19 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	HYS vs IBHE
BSJQ	Invesco BulletShares 2026 High Yield Corp Bond ETF	-0.54%	1.03B	Aug 2018	HYS vs BSJQ
IBHG	iShares iBonds 2027 Term High Yield and Income ETF	-0.73%	437.71M	Jul 2021	HYS vs IBHG
BSJR	Invesco BulletShares 2027 High Yield Corporate Bon...	-1.16%	849.28M	Sep 2019	HYS vs BSJR
XHYE	BondBloxx US High Yield Energy Sector ETF	-1.21%	5.96M	Feb 2022	HYS vs XHYE

Other ETFs from PIMCO

The 10 most viewed PIMCO ETFs shown here include MINT, PYLD, BOND and span 11 categories. AUM among these funds goes as high as $16B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
MINT	PIMCO Enhanced Short Maturity Active ETF	Ultrashort Bond	100	1.81%	15.51B	Nov 2009	HYS vs MINT
PYLD	PIMCO ETF Trust - PIMCO Multisector Bond Active Ex...	Multisector Bonds	70	1.18%	13.03B	Jun 2023	HYS vs PYLD
BOND	PIMCO Active Bond ETF	Intermediate Core-Plus Bond	48	0.72%	7.88B	Mar 2012	HYS vs BOND
ZROZ	PIMCO 25+ Year Zero Coupon US Treasury Index Fund	Government Bonds, Long-Term Bond	12	-0.59%	1.35B	Oct 2009	HYS vs ZROZ
LTPZ	PIMCO 15+ Year US TIPS Index ETF	Inflation-Protected Bonds	17	0.91%	685.04M	Sep 2009	HYS vs LTPZ
MUNI	PIMCO Intermediate Municipal Bond Active ETF	Municipal Bonds	76	1.28%	2.87B	Nov 2009	HYS vs MUNI
EMNT	PIMCO Enhanced Short Maturity Active ESG ETF	Ultrashort Bond	99	1.65%	206.84M	Dec 2019	HYS vs EMNT
CORP	PIMCO Investment Grade Corporate Bond Index ETF	Corporate Bonds	43	0.78%	1.62B	Sep 2010	HYS vs CORP
CMDT	PIMCO Commodity Strategy Active Exchange-Traded Fu...	Commodities	89	24.00%	801.86M	May 2023	HYS vs CMDT
MFDX	PIMCO RAFI Dynamic Multi-Factor International Equi...	Foreign Large Cap Equities, Multi-factor	47	10.33%	440.69M	Aug 2017	HYS vs MFDX

Often Compared With HYS

Investors most often compare HYS with HYLD, HYSZX, HYBB. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
HYLD	High Yield ETF	High Yield Bonds	—	—	95.91M	Nov 2010	HYS vs HYLD
HYSZX	PGIM Short Duration High Yield Income Fund	High Yield Bonds	74	1.50%	—	Oct 2012	HYS vs HYSZX
HYBB	iShares BB Rated Corporate Bond ETF	High Yield Bonds	66	1.47%	423.31M	Oct 2020	HYS vs HYBB
LONZ	PIMCO Senior Loan Active Exchange-Traded Fund	Bank Loan	72	1.84%	379.22M	Jun 2022	HYS vs LONZ
SVOL	Simplify Volatility Premium ETF	Volatility	20	-0.28%	563.43M	May 2021	HYS vs SVOL
RGHYX	RBC BlueBay High Yield Bond Fund	High Yield Bonds	80	1.46%	—	Nov 2011	HYS vs RGHYX
PIPNX	PIMCO Income Fund Class I-3	Multisector Bonds	43	0.75%	—	Apr 2018	HYS vs PIPNX
SMAX	iShares Large Cap Max Buffer Sep ETF	Defined Outcome	93	3.19%	—	Sep 2024	HYS vs SMAX
BAMY	Brookstone Yield ETF	Diversified Portfolio	82	1.37%	45.58M	Sep 2023	HYS vs BAMY
VTIP	Vanguard Short-Term Inflation-Protected Securities...	Inflation-Protected Bonds	93	2.05%	68.50B	Oct 2012	HYS vs VTIP
JBBB	Janus Henderson B-BBB CLO ETF	CLO	49	1.84%	1.20B	Jan 2022	HYS vs JBBB
MAXJ	iShares Large Cap Max Buffer Jun ETF	Equity Hedged	94	2.84%	—	Jun 2024	HYS vs MAXJ
AJAN	Innovator Equity Defined Protection ETF - 2 Yr To ...	Options Trading	78	2.05%	—	Dec 2023	HYS vs AJAN
SHYG	iShares 0-5 Year High Yield Corporate Bond ETF	High Yield Bonds	75	1.68%	7.58B	Oct 2013	HYS vs SHYG
IGBH	iShares Interest Rate Hedged Long-Term Corporate B...	Corporate Bonds	65	2.43%	189.43M	Jul 2015	HYS vs IGBH
PIMIX	PIMCO Income Fund Institutional Class	Total Bond Market	45	0.81%	—	Mar 2007	HYS vs PIMIX
SJNK	SPDR Bloomberg Barclays Short Term High Yield Bond...	High Yield Bonds	72	1.53%	4.76B	Mar 2012	HYS vs SJNK
FTSL	First Trust Senior Loan Fund	High Yield Bonds	62	0.64%	2.30B	May 2013	HYS vs FTSL
STIP	iShares 0-5 Year TIPS Bond ETF	Inflation-Protected Bonds	93	2.04%	15.82B	Dec 2010	HYS vs STIP
PRFRX	T. Rowe Price Floating Rate Fund	High Yield Bonds	96	1.96%	—	Jul 2011	HYS vs PRFRX

Compare HYS with Any Fund or Stock

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

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Diversifiers

Pair HYS with funds that move differently

PIMCO 0-5 Year High Yield Corporate Bond Index ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HYS.

Explore HYS Diversifiers

PIMCO 0-5 Year High Yield Corporate Bond Index ETF (HYS) Alternatives