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GHYG vs RCLO

iShares US & Intl High Yield Corp Bond ETF

GHYGBCboe

Reckoner BBB-B CLO ETF

RCLO—NYSE Arca

Overlap

No data

Expense ratio

GHYG −0.10pt a year

GHYG0.40%RCLO0.50%

Avg volume · 30D

GHYG 1.3×the volume

GHYG17.7KRCLO13.9K

GHYG vs RCLO Performance

Oct 31, 2025 – Oct 30, 2026

+0.7%GHYG+5.1%RCLO

Oct 31, 2025 to Oct 30, 2026. GHYG +0.7%. RCLO +5.1%. Use the arrow keys to read each point.2%4%6%Oct 2025Apr 2026Oct 2026
Expense ratio
GHYG 0.40%, better
RCLO 0.50%
Fund size
GHYG $186M
RCLO $45M
1Y total return
GHYG +0.7%
RCLO +5.1%, better
Yield (12M)
GHYG 6.47%
RCLO No data
Holdings
GHYG 1728
RCLO 35
Avg volume (30D)
GHYG 17.7K sh, better
RCLO 13.9K sh
NAV per share
GHYG $43.29
RCLO $24.91
52W range

ETF.net Grade

  • —RCLOUnder classification review
GHYG: Cost 70, Risk 38, Mission 81, Tradability 38, Holdings 99, Durability 75.
Pillar letters and Scores for GHYG, RCLO, with each pillar’s weight
PillarGHYGRCLO
Cost30% weightA70Not scored
Mission25% weightA81Not scored
Risk15% weightD38Not scored
Tradability15% weightD38Not scored
Holdings10% weightA99Not scored
Durability5% weightA75Not scored

Rank among International High Yield Bond funds

How we build Categories ›

International High Yield Bond⁠

Category · 13 funds
See all 13 ›

GHYG ranks 3rd of 13 funds in the International High Yield Bond Category.

  1. Rank 1AHYDBiShares High Yield Systematic Bond ETFScore 81
  2. Rank 2ASYFIAB Short Duration High Yield ETFScore 73
  3. Rank 3BGHYGiShares US & Intl High Yield Corp Bond ETFScore 66
  4. Rank 4BHYEMVanEck Emerging Markets High Yield Bond ETFScore 64
  5. RCLONot yet graded

Our read on each fund

ETF.net Research

GHYGBiShares US & Intl High Yield Corp Bond ETF

RCLO—Reckoner BBB-B CLO ETF

In short

GHYG Most junk-bond ETFs stop at the US border. GHYG holds high-yield corporate debt from US and overseas issuers in one wrapper, spread across roughly 1,700 bonds, with income paid monthly.

RCLO No data

Stated mandate

GHYG The fund seeks to track an index of high-yield corporate bonds issued in the United States and abroad.

RCLO No data

Why people hold it

  • GHYG Passport included: tracks an index of high-yield corporate bonds issued in the US and abroad, while the biggest names in the category stick to USD-denominated paper.
  • Roughly 1,700 bonds in the basket, so one issuer's trouble is a rounding error. That breadth is among the strongest in its high-yield peer group.
  • Pays monthly, and has been running since its 2012 launch, so the record spans a full credit cycle rather than one calm stretch.

RCLO No data

Worth knowing

  • GHYG The 0.40% fee sits right at the high-yield median, but USD-only trackers like SCYB (0.03%) and SPHY (0.05%) charge a fraction. Global reach is the line item you pay for.
  • Thinly traded with a modest asset base, so bid-ask spreads tend to run wider than the household-name high-yield funds.
  • This is below-investment-grade credit. Prices move with default worries, and stress in the credit market hits harder here than in a Treasury fund.

RCLO No data

Full GHYG profile⁠

Full RCLO profile⁠

GHYG vs RCLO 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.

GHYG vs RCLO Cost

Overpaying RCLO vs GHYG

$1,889

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

  • GHYG 0.40%

    $8,090

  • RCLO 0.50%

    $9,979

$10,000
30 years

Cost over time

  • GHYG 0.40%
  • RCLO 0.50%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K$10K051015202530RCLO $9,979GHYG $8,090

Year by year

YearGHYGRCLOOverpaying
10$723$900$177
20$2,793$3,460$667
30$8,090$9,979$1,889

Expense ratio

  • 0.40%GHYG, cheaper
  • 0.50%RCLO
  • Middle half of International High Yield Bond funds
  • Median 0.46%

GHYG 3rd cheapest of 13 funds

RCLO 9th cheapest of 13 funds

GHYG vs RCLO Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
GHYG 6.47%
RCLO No data
Payout (12M)
GHYG $2.82
RCLO No data
Last payment
GHYG $0.23
RCLO $0.14
Ex-dividend
GHYG Oct 1, 2026
RCLO Oct 1, 2026
Paid on
GHYG Oct 6, 2026
RCLO Oct 6, 2026
Frequency
GHYG Monthly
RCLO Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

GHYGMonthly · 45 paymentsAll GHYG payments⁠
One bar per payment. 45 payments from 2023 to 2026 YTD. Feb 1, 2023 $0.20; Mar 1, 2023 $0.18; Apr 3, 2023 $0.21; May 1, 2023 $0.21; Jun 1, 2023 $0.21; Jul 3, 2023 $0.23; Aug 1, 2023 $0.21; Sep 1, 2023 $0.20; Oct 2, 2023 $0.21; Nov 1, 2023 $0.22; Dec 1, 2023 $0.21; Dec 14, 2023 $0.18; Feb 1, 2024 $0.22; Mar 1, 2024 $0.21; Apr 1, 2024 $0.24; May 1, 2024 $0.22; Jun 3, 2024 $0.23; Jul 1, 2024 $0.21; Aug 1, 2024 $0.22; Sep 3, 2024 $0.21; Oct 1, 2024 $0.23; Nov 1, 2024 $0.23; Dec 2, 2024 $0.24; Dec 18, 2024 $0.24; Feb 3, 2025 $0.22; Mar 3, 2025 $0.21; Apr 1, 2025 $0.22; May 1, 2025 $0.22; Jun 2, 2025 $0.24; Jul 1, 2025 $0.23; Aug 1, 2025 $0.25; Sep 2, 2025 $0.23; Oct 1, 2025 $0.22; Nov 3, 2025 $0.23; Dec 1, 2025 $0.24; Dec 19, 2025 $0.26; Feb 2, 2026 $0.23; Mar 2, 2026 $0.22; Apr 1, 2026 $0.23; May 1, 2026 $0.23; Jun 1, 2026 $0.24; Jul 1, 2026 $0.24; Aug 3, 2026 $0.22; Sep 1, 2026 $0.23; Oct 1, 2026 $0.23. Use the arrow keys to read each point.$0$0.2520232026YTD
RCLOMonthly · 11 paymentsAll RCLO payments⁠
One bar per payment. 11 payments from 2023 to 2026 YTD. Dec 1, 2025 $0.17; Dec 23, 2025 $0.17; Feb 2, 2026 $0.15; Mar 2, 2026 $0.13; Apr 1, 2026 $0.15; May 1, 2026 $0.14; Jun 1, 2026 $0.14; Jul 1, 2026 $0.14; Aug 3, 2026 $0.15; Sep 1, 2026 $0.12; Oct 1, 2026 $0.14. Use the arrow keys to read each point.$0$0.2520232026YTD

GHYG vs RCLO Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
GHYG 5.5%RCLO 4.0%since Nov 2025
Return per unit of riskSharpe ratio, 3 years
GHYG 0.70RCLO 0.32since Nov 2025
Worst fallMax drawdown, 5 years
GHYG −19.7%RCLO −3.7%since Oct 2025
Market sensitivityBeta, 5 years
GHYG 0.74RCLO 0.14

GHYG and RCLO in the news

All news⁠

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