HYG vs IWM
HYG vs IWM · Last updated April 5, 2026
| Metric | HYG | IWM | |
|---|---|---|---|
| Price | $79.56 | $251.29 | — |
| Expense Ratio | 0.49% | 0.19% | IWM |
| Dividend Yield | N/A | N/A | — |
| AUM | $16.7B | $74.0B | IWM |
Performance Comparison
| Period | HYG | IWM |
|---|---|---|
| 1M | -0.17% | -1.96% |
| 3M | -0.18% | -0.39% |
| 6M | +1.32% | +2.75% |
| YTD | +0.13% | +2.27% |
| 1Y | +9.86% | +40.18% |
| 3Y | N/A | N/A |
| 5Y | N/A | N/A |
Dividend Comparison
| Ex-Date | Ticker | Amount |
|---|---|---|
| April 1, 2026 | HYG | $0.38 |
| March 17, 2026 | IWM | $0.44 |
| March 2, 2026 | HYG | $0.39 |
| February 2, 2026 | HYG | $0.40 |
| December 19, 2025 | HYG | $0.38 |
| December 16, 2025 | IWM | $0.84 |
| December 1, 2025 | HYG | $0.38 |
| November 3, 2025 | HYG | $0.41 |
| October 1, 2025 | HYG | $0.38 |
| September 16, 2025 | IWM | $0.68 |
| September 2, 2025 | HYG | $0.38 |
| August 1, 2025 | HYG | $0.40 |
| July 1, 2025 | HYG | $0.38 |
| June 16, 2025 | IWM | $0.58 |
| June 2, 2025 | HYG | $0.38 |
| May 1, 2025 | HYG | $0.40 |
| March 18, 2025 | IWM | $0.46 |
| December 17, 2024 | IWM | $0.69 |
| September 25, 2024 | IWM | $0.75 |
| June 11, 2024 | IWM | $0.56 |
Key Differences
When choosing between HYG and IWM, several key metrics help distinguish these two ETFs. The following analysis covers the most relevant data points.
On the cost front, IWM (0.19% expense ratio) is more economical than HYG (0.49%). For a $100,000 investment, the annual fee difference is $300.00. Over decades, this cost advantage compounds meaningfully.
In terms of fund size, IWM manages $74.0B compared to HYG's $16.7B. This size advantage typically means IWM has better liquidity, making it easier to trade large positions without significant price impact.
The data above reflects the most recent available information. Market conditions change frequently, and investors should verify current figures before making decisions.
How to Compare HYG and IWM
- If minimizing costs is a priority, compare the expense ratios: HYG charges 0.49% and IWM charges 0.19%.
- For liquidity, larger funds with higher AUM typically have tighter bid-ask spreads and more efficient trading.
- Review historical performance across different time periods (1-month to 5-year) to understand how each has performed in various market conditions.
Frequently Asked Questions
Is HYG or IWM a better investment?
Whether HYG or IWM is more suitable depends on your individual investment goals, risk tolerance, and time horizon. HYG and IWM differ in key metrics like expense ratio, dividend yield, and assets under management. This page provides objective data to help you compare the two.
What is the expense ratio difference between HYG and IWM?
IWM has an expense ratio of 0.19%, while HYG charges 0.49%. On a $10,000 investment, this 0.30% difference costs approximately $30.00 per year.
Which fund is larger, HYG or IWM?
IWM has $74.0B in assets under management, making it the larger fund. Larger funds tend to have better liquidity and tighter bid-ask spreads.
What are the risks of investing in HYG vs IWM?
Both HYG and IWM carry market risk — their values can decline during market downturns. Past performance does not guarantee future results. Consider factors like volatility, sector concentration, and your own risk tolerance when evaluating either investment.
See how expense ratio differences affect your returns over time → Expense Ratio Calculator