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 94 ETFs in the High Yield Bonds category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Schwab High Yield Bond ETF | 0.03% | 2.68B | Jul 2023 | HYS vs SCYB | |
| SPDR Portfolio High Yield Bond ETF | 0.05% | 11.41B | Jun 2012 | HYS vs SPHY | |
| Nuveen High Yield Corporate Bond ETF | 0.08% | 1.71B | Sep 2025 | HYS vs NHYB | |
| iShares Broad USD High Yield Corporate Bond ETF | 0.15% | 28.80B | Oct 2017 | HYS vs USHY | |
| Xtrackers USD High Yield Corporate Bond ETF | 0.15% | 3.54B | Dec 2016 | HYS vs HYLB |
Best Risk-Adjusted Alternatives to HYS
HYS has a PortfoliosLab risk / return rank of 76. There are 24 ETFs in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco BulletShares 2026 High Yield Corp Bond ETF | 96 | 907.20M | Aug 2018 | HYS vs BSJQ | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | 90 | 852.94M | Sep 2019 | HYS vs BSJR | |
| WisdomTree Interest Rate Hedged High Yield Bond Fu... | 89 | 255.19M | Dec 2013 | HYS vs HYZD | |
| iShares iBonds 1-5 Year High Yield and Income Ladd... | 88 | 22.06M | Nov 2024 | HYS vs LDRH | |
| iShares iBonds 2027 Term High Yield and Income ETF | 87 | 499.12M | Jul 2021 | HYS vs IBHG |
Top Performing HYS Alternatives (YTD)
HYS is at 1.57% YTD. There are 63 ETFs in the High Yield Bonds category with higher YTD returns, going as high as 8.09%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Digital Asset Debt Strategy ETF | 8.09% | — | Aug 2025 | HYS vs DADS | |
| Man Active High Yield ETF | 5.06% | 19.82M | Sep 2025 | HYS vs MHY | |
| ProShares High Yield-Interest Rate Hedged | 4.22% | 179.11M | May 2013 | HYS vs HYHG | |
| VanEck Vectors Emerging Markets High Yield Bond ET... | 4.07% | 522.28M | May 2012 | HYS vs HYEM | |
| iShares Interest Rate Hedged High Yield Bond ETF | 3.61% | 566.14M | May 2014 | HYS vs HYGH |
Lowest Volatility Alternatives to HYS
HYS has 3.42% 1-year volatility. There are 41 ETFs in the High Yield Bonds category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Xtrackers J.P. Morgan ESG USD High Yield Corporate... | 0.00% | 6.49M | Mar 2015 | HYS vs ESHY | |
| Invesco BulletShares 2026 High Yield Corp Bond ETF | 1.35% | 907.20M | Aug 2018 | HYS vs BSJQ | |
| Pacific Global Senior Loan ETF | 1.47% | 637.48M | Feb 2015 | HYS vs FLRT | |
| State Street My2027 High Yield Corporate Bond ETF | 1.84% | 4.98M | Feb 2026 | HYS vs MYHA | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | 1.96% | 852.94M | Sep 2019 | HYS vs BSJR |
Lowest Drawdown Alternatives to HYS
HYS has a 1-year max drawdown of -1.88%. There are 18 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 | |
|---|---|---|---|---|---|
| Invesco BulletShares 2026 High Yield Corp Bond ETF | -0.54% | 907.20M | Aug 2018 | HYS vs BSJQ | |
| iShares iBonds 2027 Term High Yield and Income ETF | -0.73% | 499.12M | Jul 2021 | HYS vs IBHG | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | -1.16% | 852.94M | Sep 2019 | HYS vs BSJR | |
| iShares iBonds 2028 Term High Yield and Income ETF | -1.22% | 450.96M | Mar 2022 | HYS vs IBHH | |
| iShares iBonds 1-5 Year High Yield and Income Ladd... | -1.23% | 22.06M | Nov 2024 | HYS vs LDRH |
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.
Often Compared With HYS
Investors most often compare HYS with HYLD, HYSZX, HYBB. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare HYS with Any Fund or Stock
Compare HYS with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
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