HYGI vs. VTP

Last updated Apr 2, 2026

Compare and contrast key facts about iShares Inflation Hedged High Yield Bond ETF (HYGI) and Vanguard Total Inflation-Protected Securities ETF (VTP).

HYGI and VTP are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. HYGI is a passively managed fund by iShares that tracks the performance of the BlackRock Inflation Hedged High Yield Bond Index - Benchmark TR Gross. It was launched on Jun 22, 2022. VTP is a passively managed fund by Vanguard that tracks the performance of the ICE U.S. Treasury Inflation Linked Bond Index 0-5. It was launched on Jul 7, 2025. Both HYGI and VTP are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

HYGI vs. VTP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Inflation Hedged High Yield Bond ETF (HYGI) and Vanguard Total Inflation-Protected Securities ETF (VTP). The values are adjusted to include any dividend payments, if applicable.

HYGI vs. VTP - Yearly Performance Comparison

	2026 (YTD)	2025
HYGI iShares Inflation Hedged High Yield Bond ETF	0.00%	0.72%
VTP Vanguard Total Inflation-Protected Securities ETF	0.41%	2.27%

Returns By Period

HYGI

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

VTP

• 1D: 0.03%
• 1M: -1.08%
• YTD: 0.41%
• 6M: 0.28%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

HYGI vs. VTP - Expense Ratio Comparison

HYGI has a 0.52% expense ratio, which is higher than VTP's 0.05% expense ratio.

HYGI

iShares Inflation Hedged High Yield Bond ETF

VTP

Vanguard Total Inflation-Protected Securities ETF

Return for Risk

HYGI vs. VTP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Inflation Hedged High Yield Bond ETF (HYGI) and Vanguard Total Inflation-Protected Securities ETF (VTP). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	HYGI	VTP	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	—	1.11	—

Correlation

The correlation between HYGI and VTP is 0.24, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

HYGI vs. VTP - Dividend Comparison

HYGI's dividend yield for the trailing twelve months is around 2.46%, more than VTP's 1.63% yield.

	TTM	2025	2024	2023	2022
HYGI iShares Inflation Hedged High Yield Bond ETF	2.46%	3.41%	6.08%	6.22%	3.19%
VTP Vanguard Total Inflation-Protected Securities ETF	1.63%	1.56%	0.00%	0.00%	0.00%

Drawdowns

Drawdown Indicators

	HYGI	VTP	Difference
Max Drawdown Largest peak-to-trough decline	—	-1.92%	—
Current Drawdown Current decline from peak	—	-1.29%	—
Average Drawdown Average peak-to-trough decline	—	-0.53%	—

Volatility

Volatility by Period

	HYGI	VTP	Difference
Volatility (1Y) Calculated over the trailing 1-year period	—	3.33%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	3.33%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	3.33%	—