HYLD vs. NHYB

Last updated Jul 12, 2026

HYLD (High Yield ETF) and NHYB (Nuveen High Yield Corporate Bond ETF) are both High Yield Bonds funds. HYLD is actively managed, while NHYB is passively managed. HYLD charges 1.29%/yr vs 0.08%/yr for NHYB.

Performance

HYLD vs. NHYB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in High Yield ETF (HYLD) and Nuveen High Yield Corporate Bond ETF (NHYB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

HYLD

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

NHYB

• 1D: -0.12%
• 1M: 0.24%
• 6M: 1.81%
• YTD: 2.15%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HYLD vs. NHYB - Yearly Performance Comparison

	2026 (YTD)	2025
HYLD High Yield ETF	0.00%	0.00%
NHYB Nuveen High Yield Corporate Bond ETF	2.15%	1.24%

Return for Risk

HYLD vs. NHYB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for High Yield ETF (HYLD) and Nuveen High Yield Corporate Bond ETF (NHYB). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

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

Drawdowns

Drawdown Indicators

	HYLD	NHYB	Difference
Max Drawdown Largest peak-to-trough decline	—	-2.40%	—
Current Drawdown Current decline from peak	—	-0.24%	—
Average Drawdown Average peak-to-trough decline	—	-0.34%	—

Volatility

Volatility by Period

	HYLD	NHYB	Difference
Volatility (1Y) Calculated over the trailing 1-year period	—	3.55%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	3.55%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	3.55%	—

HYLD vs. NHYB - Expense Ratio Comparison

HYLD has a 1.29% expense ratio, which is higher than NHYB's 0.08% expense ratio.

Dividends

HYLD vs. NHYB - Dividend Comparison

HYLD has not paid dividends to shareholders, while NHYB's dividend yield for the trailing twelve months is around 4.82%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HYLD High Yield ETF	0.00%	0.00%	0.00%	4.67%	7.86%	6.45%	7.52%	7.46%	7.97%	7.18%	6.59%	10.87%
NHYB Nuveen High Yield Corporate Bond ETF	4.82%	1.28%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, HYLD or NHYB?

On fees, NHYB is cheaper at 0.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, HYLD or NHYB?

NHYB is cheaper with a 0.08% expense ratio, compared with 1.29% for HYLD.

Which ETF pays a higher dividend yield, HYLD or NHYB?

NHYB has the higher dividend yield at 4.82%, compared with 0.00% for HYLD.

What is the main difference between HYLD and NHYB?

They also come from different issuers: Exchange Traded Concepts and Nuveen. Their fees differ too: 1.29% for HYLD and 0.08% for NHYB.