Schwab High Yield Bond ETF (SCYB) 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 SCYB. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SCYB
SCYB charges 0.03% annually. No ETFs in the High Yield Bonds category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.05%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR Portfolio High Yield Bond ETF | 0.05% | 11.60B | Jun 2012 | SCYB vs SPHY | |
| Nuveen High Yield Corporate Bond ETF | 0.08% | 1.70B | Sep 2025 | SCYB vs NHYB | |
| JPMorgan BetaBuilders USD High Yield Corporate Bon... | 0.15% | 615.72M | Sep 2016 | SCYB vs BBHY | |
| iShares Broad USD High Yield Corporate Bond ETF | 0.15% | 28.59B | Oct 2017 | SCYB vs USHY | |
| Xtrackers USD High Yield Corporate Bond ETF | 0.15% | 3.46B | Dec 2016 | SCYB vs HYLB |
Best Risk-Adjusted Alternatives to SCYB
SCYB has a PortfoliosLab risk / return rank of 68. There are 45 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 | 870.26M | Aug 2018 | SCYB vs BSJQ | |
| Virtus Seix Senior Loan ETF | 96 | 251.21M | Apr 2019 | SCYB vs SEIX | |
| WisdomTree Interest Rate Hedged High Yield Bond Fu... | 92 | 259.69M | Dec 2013 | SCYB vs HYZD | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | 90 | 865.81M | Sep 2019 | SCYB vs BSJR | |
| iShares iBonds 1-5 Year High Yield and Income Ladd... | 90 | 22.57M | Nov 2024 | SCYB vs LDRH |
Top Performing SCYB Alternatives (YTD)
SCYB is at 2.09% YTD. There are 31 ETFs in the High Yield Bonds category with higher YTD returns, going as high as 6.35%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Digital Asset Debt Strategy ETF | 6.35% | — | Aug 2025 | SCYB vs DADS | |
| Man Active High Yield ETF | 5.89% | 19.82M | Sep 2025 | SCYB vs MHY | |
| VanEck Emerging Markets High Yield Bond ETF | 4.23% | 521.46M | May 2012 | SCYB vs HYEM | |
| ProShares High Yield-Interest Rate Hedged | 4.07% | 185.42M | May 2013 | SCYB vs HYHG | |
| iShares Interest Rate Hedged High Yield Bond ETF | 3.81% | 596.69M | May 2014 | SCYB vs HYGH |
Lowest Volatility Alternatives to SCYB
SCYB has 3.76% 1-year volatility. There are 60 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 | SCYB vs ESHY | |
| Invesco BulletShares 2026 High Yield Corp Bond ETF | 1.30% | 870.26M | Aug 2018 | SCYB vs BSJQ | |
| Virtus Seix Senior Loan ETF | 1.63% | 251.21M | Apr 2019 | SCYB vs SEIX | |
| State Street My2027 High Yield Corporate Bond ETF | 1.73% | 4.98M | Feb 2026 | SCYB vs MYHA | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | 1.95% | 865.81M | Sep 2019 | SCYB vs BSJR |
Lowest Drawdown Alternatives to SCYB
SCYB has a 1-year max drawdown of -2.44%. There are 44 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% | 870.26M | Aug 2018 | SCYB vs BSJQ | |
| iShares iBonds 2027 Term High Yield and Income ETF | -0.73% | 507.25M | Jul 2021 | SCYB vs IBHG | |
| Virtus Seix Senior Loan ETF | -1.13% | 251.21M | Apr 2019 | SCYB vs SEIX | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | -1.16% | 865.81M | Sep 2019 | SCYB vs BSJR | |
| iShares iBonds 2028 Term High Yield and Income ETF | -1.22% | 457.18M | Mar 2022 | SCYB vs IBHH |
Other ETFs from Charles Schwab
The 10 most viewed Charles Schwab ETFs shown here include SCHD, SCHG, SCHX and span 6 categories. AUM among these funds goes as high as $104B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Schwab U.S. Dividend Equity ETF | Dividend | 95 | 24.36% | 104.16B | Oct 2011 | SCYB vs SCHD | |
| Schwab U.S. Large-Cap Growth ETF | Large Cap Growth Equities | 39 | 7.11% | 59.97B | Dec 2009 | SCYB vs SCHG | |
| Schwab U.S. Large-Cap ETF | Large Cap Blend Equities | 76 | 11.65% | 71.82B | Nov 2009 | SCYB vs SCHX | |
| Schwab U.S. Broad Market ETF | Large Cap Blend Equities | 78 | 12.19% | 43.26B | Nov 2009 | SCYB vs SCHB | |
| Schwab International Equity ETF | Foreign Large Cap Equities | 78 | 15.34% | 67.17B | Nov 2009 | SCYB vs SCHF | |
| Schwab International Dividend Equity ETF | Dividend, Foreign Large Cap Equities | 85 | 13.84% | 2.52B | Apr 2021 | SCYB vs SCHY | |
| Schwab U.S. Large-Cap Value ETF | Large Cap Value Equities | 91 | 16.84% | 15.73B | Dec 2009 | SCYB vs SCHV | |
| Schwab Fundamental U.S. Large Company Index ETF | Large Cap Value Equities | 96 | 18.49% | 26.79B | Aug 2013 | SCYB vs FNDX | |
| Schwab Fundamental International Equity ETF | Foreign Large Cap Equities, Large Cap Value Equities | 91 | 20.34% | 25.13B | Aug 2013 | SCYB vs FNDF | |
| Schwab U.S. Small-Cap ETF | Small Cap Blend Equities | 83 | 20.52% | 22.23B | Nov 2009 | SCYB vs SCHA |
Often Compared With SCYB
Investors most often compare SCYB with SCHI, HYG, SCHR. These 20 comparison targets span 16 categories, based on PortfoliosLab usage data.
Compare SCYB with Any Fund or Stock
Compare SCYB with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SCYB with funds that move differently
Schwab High Yield Bond ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SCYB.
Explore SCYB Diversifiers