MIGO vs. HYLD

Last updated Jul 12, 2026

MIGO (MIG Core ETF) and HYLD (High Yield ETF) are both exchange-traded funds - MIGO is a Large Cap Blend Equities fund actively managed by Exchange Traded Concepts, while HYLD is a High Yield Bonds fund actively managed by Exchange Traded Concepts. Both are actively managed. MIGO charges 0.45%/yr vs 1.29%/yr for HYLD.

Performance

MIGO vs. HYLD - Performance Comparison

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

Returns By Period

MIGO

• 1D: 0.17%
• 1M: 3.26%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

HYLD

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

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

MIGO vs. HYLD - Yearly Performance Comparison

	2026 (YTD)
MIGO MIG Core ETF	22.06%
HYLD High Yield ETF	0.00%

Return for Risk

MIGO vs. HYLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MIG Core ETF (MIGO) and High Yield ETF (HYLD). 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

	MIGO	HYLD	Difference
Max Drawdown Largest peak-to-trough decline	-13.39%	—	—
Current Drawdown Current decline from peak	-1.78%	—	—
Average Drawdown Average peak-to-trough decline	-2.77%	—	—

Volatility

Volatility by Period

	MIGO	HYLD	Difference
Volatility (1Y) Calculated over the trailing 1-year period	25.48%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.48%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.48%	—	—

MIGO vs. HYLD - Expense Ratio Comparison

MIGO has a 0.45% expense ratio, which is lower than HYLD's 1.29% expense ratio.

Dividends

MIGO vs. HYLD - Dividend Comparison

Neither MIGO nor HYLD has paid dividends to shareholders.

Position	TTM	2023	2022	2021	2020	2019	2018	2017	2016	2015
HYLD High Yield ETF	0.00%	4.67%	7.86%	6.45%	7.52%	7.46%	7.97%	7.18%	6.59%	10.87%
MIGO MIG Core ETF	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, MIGO or HYLD?

On fees, MIGO is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MIGO or HYLD?

MIGO is cheaper with a 0.45% expense ratio, compared with 1.29% for HYLD.

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

MIGO and HYLD have nearly identical dividend yields, around 0.00%.

What is the main difference between MIGO and HYLD?

MIGO is categorized as Large Cap Blend Equities, while HYLD is High Yield Bonds. Their fees differ too: 0.45% for MIGO and 1.29% for HYLD.