Nuveen High Yield Corporate Bond ETF (NHYB) 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 NHYB. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to NHYB
NHYB charges 0.08% annually. There are 2 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 | NHYB vs SCYB | |
| SPDR Portfolio High Yield Bond ETF | 0.05% | 11.41B | Jun 2012 | NHYB vs SPHY | |
| Xtrackers USD High Yield Corporate Bond ETF | 0.15% | 3.54B | Dec 2016 | NHYB vs HYLB | |
| iShares Broad USD High Yield Corporate Bond ETF | 0.15% | 28.80B | Oct 2017 | NHYB vs USHY | |
| JPMorgan BetaBuilders USD High Yield Corporate Bon... | 0.15% | 612.42M | Sep 2016 | NHYB vs BBHY |
Best Risk-Adjusted Alternatives to NHYB
Among 91 ETFs in the High Yield Bonds category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco BulletShares 2026 High Yield Corp Bond ETF | 96 | 907.20M | Aug 2018 | NHYB vs BSJQ | |
| WisdomTree Interest Rate Hedged High Yield Bond Fu... | 90 | 255.19M | Dec 2013 | NHYB vs HYZD | |
| iShares iBonds 1-5 Year High Yield and Income Ladd... | 90 | 22.06M | Nov 2024 | NHYB vs LDRH | |
| iShares iBonds 2027 Term High Yield and Income ETF | 90 | 499.12M | Jul 2021 | NHYB vs IBHG | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | 89 | 852.94M | Sep 2019 | NHYB vs BSJR |
Top Performing NHYB Alternatives (YTD)
NHYB is at 2.24% YTD. There are 37 ETFs in the High Yield Bonds category with higher YTD returns, going as high as 7.44%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Digital Asset Debt Strategy ETF | 7.44% | — | Aug 2025 | NHYB vs DADS | |
| Man Active High Yield ETF | 5.53% | 19.82M | Sep 2025 | NHYB vs MHY | |
| VanEck Vectors Emerging Markets High Yield Bond ET... | 4.23% | 522.28M | May 2012 | NHYB vs HYEM | |
| ProShares High Yield-Interest Rate Hedged | 4.17% | 179.11M | May 2013 | NHYB vs HYHG | |
| iShares Interest Rate Hedged High Yield Bond ETF | 3.69% | 566.14M | May 2014 | NHYB vs HYGH |
Lowest Volatility Alternatives to NHYB
NHYB has 3.54% 1-year volatility. There are 48 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 | NHYB vs ESHY | |
| Invesco BulletShares 2026 High Yield Corp Bond ETF | 1.33% | 907.20M | Aug 2018 | NHYB vs BSJQ | |
| Pacific Global Senior Loan ETF | 1.47% | 637.48M | Feb 2015 | NHYB vs FLRT | |
| State Street My2027 High Yield Corporate Bond ETF | 1.81% | 4.98M | Feb 2026 | NHYB vs MYHA | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | 1.94% | 852.94M | Sep 2019 | NHYB vs BSJR |
Lowest Drawdown Alternatives to NHYB
Among 91 ETFs in the High Yield Bonds category with 1-year drawdown data, the lowest-drawdown alternatives shown here go 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 | NHYB vs BSJQ | |
| iShares iBonds 2027 Term High Yield and Income ETF | -0.73% | 499.12M | Jul 2021 | NHYB vs IBHG | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | -1.16% | 852.94M | Sep 2019 | NHYB vs BSJR | |
| iShares iBonds 2028 Term High Yield and Income ETF | -1.22% | 450.96M | Mar 2022 | NHYB vs IBHH | |
| iShares iBonds 1-5 Year High Yield and Income Ladd... | -1.23% | 22.06M | Nov 2024 | NHYB vs LDRH |
Other ETFs from Nuveen
The 10 most viewed Nuveen ETFs shown here include NULG, NPFI, NUDV and span 9 categories. AUM among these funds goes as high as $3B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Nuveen ESG Large-Cap Growth ETF | Large Cap Growth Equities | 35 | 15.90% | 2.77B | Dec 2016 | NHYB vs NULG | |
| Nuveen Preferred And Income ETF | Preferred Stock/Convertible Bonds | 79 | 2.21% | 168.85M | Mar 2024 | NHYB vs NPFI | |
| Nuveen ESG Dividend ETF | Large Cap Value Equities | 77 | 12.61% | 49.88M | Sep 2021 | NHYB vs NUDV | |
| Nuveen AA-BBB CLO ETF | CLO | 61 | 2.37% | — | Dec 2024 | NHYB vs NCLO | |
| Nuveen Short-Term REIT ETF | REIT | 32 | 19.24% | 35.31M | Dec 2016 | NHYB vs NURE | |
| Nuveen ESG Small-Cap ETF | Small Cap Growth Equities | 58 | 14.96% | 1.28B | Dec 2016 | NHYB vs NUSC | |
| Nuveen ESG Large-Cap Value ETF | Large Cap Value Equities | 87 | 14.30% | 2.17B | Dec 2016 | NHYB vs NULV | |
| Nuveen ESG U.S. Aggregate Bond ETF | Intermediate Core Bond | 36 | 0.24% | 458.23M | Sep 2017 | NHYB vs NUBD | |
| Nuveen ESG Mid-Cap Growth ETF | Mid Cap Growth Equities | 8 | -2.71% | 357.97M | Dec 2016 | NHYB vs NUMG | |
| Nuveen Ultra Short Income ETF | Ultrashort Bond | 100 | 1.99% | 156.26M | Mar 2024 | NHYB vs NUSB |
Often Compared With NHYB
Investors most often compare NHYB with IBHM, HYBX, GBHI. These 20 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare NHYB with Any Fund or Stock
Compare NHYB with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair NHYB with funds that move differently
Nuveen High Yield Corporate Bond ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NHYB.
Explore NHYB Diversifiers