GHYB vs SCYB: Grades, Fees and Holdings Compared

Goldman Sachs Access High Yield Corporate Bond ETF

GHYBANYSE Arca

Schwab High Yield Bond ETF

SCYBANYSE Arca

Overlap

0.0%by weight

Expense ratio

SCYB −0.12pt a year

GHYB0.15%SCYB0.03%

Avg volume · 30D

SCYB 91.6×the volume

GHYB12.4KSCYB1.14M

3Y return · a year

GHYB +0.2pt

GHYB+8.1%SCYB+7.9%

GHYB vs SCYB Performance

Nov 7, 2025 – Nov 9, 2026

+2.4%GHYB+2.6%SCYB

Expense ratio: GHYB 0.15%; SCYB 0.03%, better
Fund size: GHYB $128M; SCYB $2.73B
1Y total return: GHYB +2.4%; SCYB +2.6%, better
Yield (12M): GHYB 6.73%; SCYB 7.16%, better
Holdings: GHYB 843; SCYB 1838
Avg volume (30D): GHYB 12.4K sh; SCYB 1.14M sh, better
NAV per share: GHYB $43.22; SCYB $25.18
52W range

ETF.net Grade

Pillar letters and Scores for GHYB, SCYB, with each pillar’s weight
Pillar	GHYB	SCYB
Cost30% weight	A91	A100Higher
Mission25% weight	A99	A100Higher
Risk15% weight	C53	B60Higher
Tradability15% weight	D39	A79Higher
Holdings10% weight	A81	A99Higher
Durability5% weight	B55	B68Higher

Rank among US High Yield funds

How we build Categories ›

Same Category. GHYB and SCYB are both graded against the same 84 US High Yield funds, so their Grades compare head to head.

US High Yield⁠

Category · 84 funds

See all 84 ›

SCYB ranks 1st and GHYB 11th of 84 funds in the US High Yield Category.

Rank 1AHYLBXtrackers USD High Yield Corporate Bond ETFScore 89
Rank 1ASCYBSchwab High Yield Bond ETFScore 89
Rank 3ASPHYState Street SPDR Portfolio High Yield Bond ETFScore 88
Rank 11ABKHYBNY Mellon High Yield ETFScore 76
Rank 11AGHYBGoldman Sachs Access High Yield Corporate Bond ETFScore 76
Rank 13AHYBBiShares BB Rated Corporate Bond ETFScore 75

Our read on each fund

ETF.net Research

GHYBAGoldman Sachs Access High Yield Corporate Bond ETF

SCYBASchwab High Yield Bond ETF

In short

GHYB Most cheap high-yield ETFs just buy the whole junk-bond market. GHYB tracks an index Goldman co-designed with FTSE that screens the universe first, and charges well under the typical high-yield ETF.

SCYB Three basis points for the broad US high-yield corporate market. Schwab undercuts a category where the typical fund charges more than ten times as much, spreading the bet across roughly 1,800 bonds and paying monthly.

Stated mandate

GHYB The Fund seeks to track, before fees and expenses, the Citi Goldman Sachs High Yield Corporate Bond Index, which measures U.S.-dollar-denominated high-yield corporate bonds.

SCYB The fund follows a rules-based strategy intended to track the high-yield bond market, primarily through bonds in the Bloomberg Barclays US Corporate High Yield Total Return Index and similar derivatives.

Why people hold it

GHYB 0.15% a year against a roughly 0.40% median for high-yield bond ETFs. In a coupon-driven asset, fee drag comes straight out of the income.
The screened index is the point: a rules-based cut of the broad FTSE high-yield market, built with Goldman, not a plain market-cap sweep.gs.com
Tracks its index very tightly, with roughly 600 bonds and monthly distributions doing the work.
One of the stronger builds in a crowded high-yield field, and it has been running since 2017.

SCYB 0.03% a year against a category median of 0.40%. Even the cheap rivals sit above it: SPHY at 0.05%, USHY at 0.08%.
Tracks the same Bloomberg US Corporate High Yield index as BKHY, which charges 0.22%. Same map, cheaper toll.
Roughly 1,800 bonds, so no single issuer's blowup drives the outcome. Rules-based and passive, and it has hugged its index closely.
A multi-billion-dollar fund that trades actively and pays monthly, which matters in a corner of the market where getting out cheaply is half the job.

Worth knowing

GHYB Thinly traded and modest in size next to the category giants, which usually shows up as wider bid-ask spreads.
SCYB, SPHY and USHY charge less for full-market high-yield exposure. Here you pay a bit more for the screen.
Screens do not remove credit risk. This is below-investment-grade corporate debt and it moves with the credit cycle.

SCYB High yield means below-investment-grade credit. These bonds behave more like stocks than Treasuries when the economy sours, and the extra income is the payment for that risk.
Launched in 2023, so it has a shorter record than rivals that have traded through more credit cycles.
The strategy can hold derivatives alongside the bonds themselves to track the index, one layer beyond plain bond ownership.

Full GHYB profile⁠

Full SCYB profile⁠

GHYB vs SCYB Holdings

How GHYB and SCYB differ

Overlap by weight

0.0%

Level by level

Asset classBonds, Stocks0.0%
Holdings0 in both0.0%
Countryby domicile95.8%
Sector2 Sectors99.98%

Sector

Sector weights in GHYB and SCYB, widest gap first
Sector	More in GHYBMore in SCYB	Gap	GHYB	SCYB
Corporate		Same weight	100.0%	100.0%
Securitized		Same weight	0.0%	0.0%

Country, concentration and asset class

Country by domicile

Country weights in GHYB and SCYB, widest gap first
Country	Gap	GHYB	SCYB
United States	GHYB +3.1 points	89.1%	86.0%
Bermuda	SCYB +1.1 points	0.0%	1.1%
Netherlands	GHYB +0.8 points	1.5%	0.7%
Canada	SCYB +0.6 points	3.5%	4.1%
Cayman Islands	SCYB +0.5 points	0.7%	1.2%
Other countries (14)	SCYB +1.7 points	5.2%	6.9%

Concentration

Weight in the 10 largest Holdings

GHYB5.2%
SCYB3.1%

Securities held

GHYB842
SCYB1,838

Asset class

GHYB: Bonds
SCYB: Stocks

Holdings

Only in GHYB842
In both0
Only in SCYB1,838

Only in GHYB

842 securities, 99.8% of GHYB by weight

Echostar Corporation 10.75% 11/30/20290.93%
Goldman Sachs Trust - Gol 11/06/20260.80%
Paramount Skydance Corpor 4.88% 05/15/20300.49%
Cloud Software Group, Llc 6.50% 03/31/20290.45%
Centene Corporation 2.63% 08/01/20310.45%
Paramount Skydance Corpor 4.90% 03/15/20320.44%
Davita Inc. 4.63% 06/01/20300.43%
1261229 B.c. Ltd. 10.00% 04/15/20320.41%
Iqvia Inc. 6.50% 05/15/20300.40%
Wulf Compute Llc 7.75% 10/15/20300.39%
First Quantum Minerals Lt 7.25% 02/15/20340.39%
Directv Financing, Llc 10.00% 02/15/20310.38%
Softbank Group Corp. 9.25% 04/01/20320.38%
Cco Holdings, Llc 4.25% 02/01/20310.36%
Sirius Xm Radio Llc 4.13% 07/01/20300.36%
Emrld Borrower Lp 6.63% 12/15/20300.35%
Dish Dbs Corporation 7.38% 07/01/20280.35%
Celanese Us Holdings Llc 7.20% 11/15/20330.35%
Organon & Co 5.13% 04/30/20310.34%
Centene Corporation 2.45% 07/15/20280.33%
1011778 B.c. Unlimited Li 4.00% 10/15/20300.33%
Rocket Companies, Inc. 7.13% 02/01/20320.33%
Venture Global Lng, Inc. 9.50% 02/01/20290.32%
Sm Energy Company 8.75% 07/01/20310.32%
Alcoa Nederland Holding B 6.88% 09/30/20360.32%
Allied Universal Holdco L 4.63% 06/01/20280.32%
Standard Building Solutio 3.38% 01/15/20310.31%
Univision Communications 9.38% 08/01/20320.31%
Venture Global Plaquemine 6.75% 01/15/20360.31%
Venture Global Plaquemine 7.75% 05/01/20350.30%
Nrg Energy, Inc. 6.00% 01/15/20360.30%
Tallgrass Energy Partners 5.50% 01/15/20280.30%
Paramount Skydance Corpor 6.25% 05/15/20290.30%
Ball Corporation 6.00% 06/15/20290.29%
Caesars Entertainment, In 4.63% 10/15/20290.29%
Chs/Community Health Syst 9.75% 01/15/20340.29%
Neptune Bidco Us Inc. 10.38% 05/15/20310.29%
Bip-V Chinook Holdco L.l. 5.50% 06/15/20310.29%
Churchill Downs Incorpora 5.75% 04/01/20300.29%
Safeway Inc. 4.88% 02/15/20300.28%
Virgin Media Secured Fina 4.50% 08/15/20300.28%
Wynn Resorts Finance, Llc 7.13% 02/15/20310.28%
Level 3 Financing, Inc. 7.00% 03/31/20340.28%
Terraform Power Operating 5.00% 01/31/20280.28%
Ftai Aviation Investors L 5.50% 05/01/20280.27%
Cco Holdings, Llc 6.38% 09/01/20290.27%
Cco Holdings, Llc 5.38% 06/01/20290.27%
Molina Healthcare, Inc. 3.88% 11/15/20300.27%
Quikrete Holdings, Inc. 6.38% 03/01/20320.27%
Cco Holdings, Llc 4.50% 05/01/20320.27%

Only in SCYB

1,838 securities, 100% of SCYB by weight

1261229 B.c. Ltd. 10.00% 04/15/2032 (BBG01SXN7B44)0.44%
Paramount Skydance Corp 8.25% 10/15/2031 (BBG025HXFVH2)0.41%
Meridian Arc Holdco Llc 6.25% 04/30/2031 (BBG021N2KYD4)0.34%
Softbank Group Corp 9.25% 04/01/2032 (BBG025B7PLB2)0.30%
Softbank Group Corp 9.75% 04/01/2034 (BBG025B5VM54)0.30%
Picard Midco Inc 6.50% 03/31/2029 (BBG019LX2T70)0.28%
Paramount Skydance Corp 8.88% 10/15/2034 (BBG025HXHQ09)0.28%
Pr Rno Property Owner 1 Llc 6.50% 05/01/2031 (BBG021YPZPP1)0.27%
Quikrete Holdings Inc 6.38% 03/01/2032 (BBG01S19FXV3)0.27%
Cloud Software Group Inc 9.00% 09/30/2029 (BBG01G4F7QQ2)0.25%
Echostar Corp 10.75% 11/30/2029 (BBG01QRKXMB0)0.24%
Nexstar Media Inc 6.50% 09/15/2033 (BBG02154SVJ2)0.24%
Galaxy Digital Holdings Ltd 9.88% 08/01/2031 (BBG023X2YYQ0)0.23%
Venture Global Lng Inc 9.50% 02/01/2029 (BBG01JRWR409)0.22%
Centene Corporation 4.63% 12/15/2029 (BBG00T5K2GV4)0.22%
Sv Rno Property Owner 1 Llc 5.88% 03/01/2031 (BBG0208VTN17)0.22%
Asurion Llc 8.00% 12/31/2032 (BBG01YYNGVM6)0.22%
Oak Eagle Acquireco Inc 7.25% 07/01/2033 (BBG0216YVDJ1)0.21%
Wulf Compute Llc 7.75% 10/15/2030 (BBG01XWZ1957)0.21%
Core Scientific Finance I Llc 7.75% 05/15/2031 (BBG021TW11L6)0.20%
Skydance Corp 5.05% 03/15/2042 (BBG025PYMZH4)0.19%
Panther Escrow Issuer Llc 7.13% 06/01/2031 (BBG01M46NGP4)0.19%
Cco Holdings Llc 5.00% 02/01/2028 (BBG00HCXTNX8)0.19%
Mozart Debt Merger Sub Inc 5.25% 10/01/2029 (BBG012QCFXV6)0.19%
Hub International Ltd 7.25% 06/15/2030 (BBG01GY3KTY6)0.19%
Emerald Debt Merger Sub Llc 6.63% 12/15/2030 (BBG01GJ0S1M5)0.18%
Carrix Inc 6.13% 08/01/2033 (BBG023NH2ZJ8)0.18%
Oak Eagle Acquireco Inc 8.75% 07/01/2034 (BBG0216YVF42)0.18%
Transdigm Inc 6.63% 03/01/2032 (BBG01LG68K26)0.18%
Dish Dbs Corp 5.75% 12/01/2028 (BBG013F8PFJ7)0.18%
Cco Holdings Llc 4.75% 03/01/2030 (BBG00Q9KZKK3)0.18%
Neptune Bidco Us Inc 9.29% 04/15/2029 (BBG01BCJPPT5)0.18%
Asurion Llc 8.38% 02/01/2034 (BBG01ZT0J7N8)0.17%
Transdigm Inc 6.38% 03/01/2029 (BBG01LG68JB9)0.17%
Transdigm 6.75% 01/31/2035 (BBG02534RLY1)0.17%
Mauser Packaging Solutions Holding 7.88% 04/15/2030 (BBG01YQ74FS2)0.17%
Cco Holdings Llc 4.50% 05/01/2032 (BBG01016YSJ4)0.17%
Transdigm Inc 6.38% 05/31/2033 (BBG01TYXN2R6)0.17%
Cco Holdings Llc 4.25% 02/01/2031 (BBG00VXBDRR7)0.17%
Cco Holdings Llc 4.50% 08/15/2030 (BBG00RMHNL33)0.17%
Davita Inc 4.63% 06/01/2030 (BBG00V30XND6)0.16%
Skydance Corp 4.90% 03/15/2032 (BBG025PYJ8J6)0.16%
Coreweave Inc 9.75% 10/01/2031 (BBG021JWL723)0.16%
Ukg Inc 6.88% 02/01/2031 (BBG01L81BM19)0.16%
Connect Finco Sarl 9.00% 09/15/2029 (BBG01PNMWYR0)0.16%
Venture Global Lng Inc 8.38% 06/01/2031 (BBG01GNYBL31)0.16%
Level 3 Financing Inc 7.00% 03/31/2034 (BBG01WHX5GT5)0.16%
Nrg Energy Inc 6.00% 01/15/2036 (BBG01XK0QB82)0.16%
Venture Global Lng Inc 9.88% 02/01/2032 (BBG01JRWR4F3)0.16%
Staples Inc 10.75% 09/01/2029 (BBG01MZLYJL3)0.16%

Weight gaps

GHYB and SCYB share no securities.

All 841 GHYB holdings⁠All 1,838 SCYB holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

GHYB vs SCYB Cost

Overpaying GHYB vs SCYB

$2,499

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

GHYB 0.15%
$3,137
SCYB 0.03%
$638

Amount$10,000

Years30 years

Cost over time

GHYB 0.15%
SCYB 0.03%
Overpaying

Year by year

Year	GHYB	SCYB	Overpaying
10	$274	$55	$219
20	$1,071	$216	$855
30	$3,137	$638	$2,499

Expense ratio

0.15%GHYB
0.03%SCYB, cheaper

SCYB0.03%GHYB0.15%

0.03%1.24%

Middle half of US High Yield funds
Median 0.42%

SCYB cheapest of 84 funds

GHYB 8th cheapest of 84 funds

GHYB vs SCYB Dividends

Last 12 months to Nov 9, 2026

Yield (12M): GHYB 6.73%; SCYB 7.16%, better
Payout (12M): GHYB $2.92; SCYB $1.81
Last payment: GHYB $0.24; SCYB $0.16
Ex-dividend: GHYB Nov 2, 2026; SCYB Nov 2, 2026
Paid on: GHYB Nov 6, 2026; SCYB Nov 6, 2026
Frequency: GHYB Monthly; SCYB Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

GHYBMonthly · 46 paymentsAll GHYB payments⁠

SCYBMonthly · 39 paymentsAll SCYB payments⁠

GHYB vs SCYB Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: GHYB 4.7%SCYB 4.6%, better
Return per unit of riskSharpe ratio, 3 years: GHYB 0.84, betterSCYB 0.82
Worst fallMax drawdown, 5 years: GHYB −16.1%SCYB −4.9%since Jul 2023
Market sensitivityBeta, 5 years: GHYB 0.66SCYB 0.28; Market = 1

GHYB and SCYB in the news

All news⁠

First-Year Review
Nuveen's high-yield ETF turns one at $1.77 billion. Coupons delivered 3.7%
Sep 23, 2026SCYB

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GHYB vs SCYB

In short

Stated mandate

Why people hold it

Worth knowing

How GHYB and SCYB differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in GHYB

Only in SCYB

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

Nuveen's high-yield ETF turns one at $1.77 billion. Coupons delivered 3.7%

How GHYB and SCYB differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in GHYB

Only in SCYB

Weight gaps