HYSD vs SCYB: Grades, Fees and Holdings Compared

Columbia Short Duration High Yield ETF

HYSDBNYSE Arca

Schwab High Yield Bond ETF

SCYBANYSE Arca

Overlap

0.0%by weight

Expense ratio

SCYB −0.41pt a year

HYSD0.44%SCYB0.03%

Avg volume · 30D

SCYB 193.1×the volume

HYSD5.72KSCYB1.1M

HYSD vs SCYB Performance

Oct 31, 2025 – Oct 30, 2026

+2.6%HYSD+2.0%SCYB

Expense ratio: HYSD 0.44%; SCYB 0.03%, better
Fund size: HYSD $105M; SCYB $2.8B
1Y total return: HYSD +2.6%, better; SCYB +2.0%
Yield (12M): HYSD 6.01%; SCYB 7.14%, better
Holdings: HYSD 278; SCYB 1844
Avg volume (30D): HYSD 5.72K sh; SCYB 1.1M sh, better
NAV per share: HYSD $19.68; SCYB $25.22
52W range

ETF.net Grade

Pillar letters and Scores for HYSD, SCYB, with each pillar’s weight
Pillar	HYSD	SCYB
Cost30% weight	C49	A100Higher
Mission25% weight	A82	A100Higher
Risk15% weight	B57	B59Higher
Tradability15% weight	D34	A88Higher
Holdings10% weight	B64	A99Higher
Durability5% weight	D30	B68Higher

Rank among US High Yield funds

How we build Categories ›

Same Category. HYSD 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 HYSD 46th of 84 funds in the US High Yield Category.

Rank 1ASCYBSchwab High Yield Bond ETFScore 90
Rank 1ASPHYState Street SPDR Portfolio High Yield Bond ETFScore 90
Rank 46BHYGHiShares Interest Rate Hedged High Yield Bond ETFScore 56
Rank 46BHYSDColumbia Short Duration High Yield ETFScore 56
Rank 46BSIHYHarbor Ares Systematic High Yield ETF (SIHY)Score 56

Our read on each fund

ETF.net Research

HYSDBColumbia Short Duration High Yield ETF

SCYBASchwab High Yield Bond ETF

In short

HYSD No data

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

HYSD No data

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

HYSD No data

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

HYSD No data

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 HYSD profile⁠

Full SCYB profile⁠

HYSD vs SCYB Holdings

How HYSD and SCYB differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of HYSD and 0.0% of SCYB.

Level by level

Asset classFixed Income, Equity0.0%
Holdings0 in both0.0%
Countryby domicile91.4%

Sector

No Sector split for HYSD.

Country, concentration and asset class

Country by domicile

Country weights in HYSD and SCYB, widest gap first
Country	More in HYSDMore in SCYB	HYSD	SCYB
United States	HYSD +6.4 points	92.3%	85.9%
Canada	SCYB +2.7 points	1.4%	4.1%
Ireland	HYSD +1.2 points	1.7%	0.5%
Bermuda	SCYB +1.1 points	0.0%	1.1%
Cayman Islands	SCYB +0.9 points	0.3%	1.2%
Japan	SCYB +1.0 points	0.3%	1.3%
Luxembourg	SCYB +0.7 points	0.4%	1.1%
Australia	SCYB +0.7 points	0.0%	0.7%
Other countries (11)	SCYB +0.5 points	3.6%	4.1%

Concentration

Weight in the 10 largest Holdings

HYSD11.0%
SCYB3.7%

Securities held

HYSD191
SCYB1,843

Asset class

HYSD: Fixed Income
SCYB: Equity

Holdings

Only in HYSD191
In both0
Only in SCYB1,843

Only in HYSD

191 securities, 97.9% of HYSD by weight

Transdigm Inc1.88%
Cco Holdings Llc/Cap Corp1.88%
Onemain Finance Corp1.74%
Alliant Hlds Intermed/Alliant Hlds1.67%
Iron Mountain Inc1.54%
Sm Energy Co1.46%
Williams Scotsman Inc1.33%
Zf North America Capital Inc1.31%
Xplr Infrastructure Operating Part1.27%
Ggam Finance Ltd1.23%
Clearway Energy Operating Llc1.20%
Venture Global Lng Inc1.19%
Post Holdings Inc1.17%
Novelis Corporation1.13%
Uwm Holdings Llc1.09%
Terraform Power Operating Llc1.04%
Hilcorp Energy I Lp/Hilcorp Fin1.03%
Echostar Corp1.02%
Pr Rno Property Owner 1 Llc0.99%
Cnx Midstream Partners Lp0.99%
Olympus Water Us Holding Corp0.97%
Centene Corporation0.97%
Cloud Software Group Inc0.97%
Mozart Debt Merger Sub Inc0.95%
Match Group Inc0.94%
Sunoco Lp0.93%
Herc Holdings Inc0.93%
Acadia Healthcare Company Inc0.92%
Sv Rno Property Owner 1 Llc0.92%
Hub International Limited0.87%
Core Scientific Finance I Llc0.85%
Apld Computeco 2 Llc0.81%
Standard Industries Inc0.80%
Ardonagh Finco Ltd0.80%
Paramount Skydance Corp0.76%
Caesars Entertainment Inc0.76%
Emerald Debt Merger Sub Llc0.75%
Constellium SE0.75%
Wesco Distribution Inc0.73%
Ardagh Metal Packaging Fin/Fin PLC0.73%
Focus Financial Partners Llc0.73%
Aretec Group Inc0.72%
Park Intermediate Holdings/Pk Dom0.71%
Everforth Inc0.71%
Primo Water Holdings Inc0.71%
Morgan Automotive Group0.70%
Picard Midco Inc0.70%
Six Flags Entertainment Corp0.69%
Entegris Inc0.68%
Simmons Foods Inc/Simmons Prep0.68%

Only in SCYB

1,843 securities, 99.9% of SCYB by weight

Ssc Government Mm Gvmxx1.02%
1261229 B.c. Ltd. 10.00% 04/15/2032 (BBG01SXN7B44)0.45%
Meridian Arc Holdco Llc 6.25% 04/30/2031 (BBG021N2KYD4)0.34%
Softbank Group Corp 9.75% 04/01/2034 (BBG025B5VM54)0.31%
Softbank Group Corp 9.25% 04/01/2032 (BBG025B7PLB2)0.31%
Picard Midco Inc 6.50% 03/31/2029 (BBG019LX2T70)0.27%
Pr Rno Property Owner 1 Llc 6.50% 05/01/2031 (BBG021YPZPP1)0.26%
Quikrete Holdings Inc 6.38% 03/01/2032 (BBG01S19FXV3)0.26%
Cloud Software Group Inc 9.00% 09/30/2029 (BBG01G4F7QQ2)0.24%
Galaxy Digital Holdings Ltd 9.88% 08/01/2031 (BBG023X2YYQ0)0.23%
Echostar Corp 10.75% 11/30/2029 (BBG01QRKXMB0)0.23%
Nexstar Media Inc 6.50% 09/15/2033 (BBG02154SVJ2)0.23%
Venture Global Lng Inc 9.50% 02/01/2029 (BBG01JRWR409)0.22%
Sv Rno Property Owner 1 Llc 5.88% 03/01/2031 (BBG0208VTN17)0.22%
Centene Corporation 4.63% 12/15/2029 (BBG00T5K2GV4)0.22%
Asurion Llc 8.00% 12/31/2032 (BBG01YYNGVM6)0.21%
Oak Eagle Acquireco Inc 7.25% 07/01/2033 (BBG0216YVDJ1)0.21%
Core Scientific Finance I Llc 7.75% 05/15/2031 (BBG021TW11L6)0.20%
Wulf Compute Llc 7.75% 10/15/2030 (BBG01XWZ1957)0.20%
Cco Holdings Llc 5.00% 02/01/2028 (BBG00HCXTNX8)0.20%
Panther Escrow Issuer Llc 7.13% 06/01/2031 (BBG01M46NGP4)0.19%
Mozart Debt Merger Sub Inc 5.25% 10/01/2029 (BBG012QCFXV6)0.18%
Hub International Ltd 7.25% 06/15/2030 (BBG01GY3KTY6)0.18%
Carrix Inc 6.13% 08/01/2033 (BBG023NH2ZJ8)0.18%
Emerald Debt Merger Sub Llc 6.63% 12/15/2030 (BBG01GJ0S1M5)0.18%
Oak Eagle Acquireco Inc 8.75% 07/01/2034 (BBG0216YVF42)0.18%
Transdigm Inc 6.63% 03/01/2032 (BBG01LG68K26)0.18%
Skydance Corp 5.05% 03/15/2042 (BBG025PYMZH4)0.17%
Neptune Bidco Us Inc 9.29% 04/15/2029 (BBG01BCJPPT5)0.17%
Cco Holdings Llc 4.50% 05/01/2032 (BBG01016YSJ4)0.17%
Cco Holdings Llc 4.75% 03/01/2030 (BBG00Q9KZKK3)0.17%
Asurion Llc 8.38% 02/01/2034 (BBG01ZT0J7N8)0.17%
Coreweave Inc 9.75% 10/01/2031 (BBG021JWL723)0.17%
Transdigm Inc 6.38% 03/01/2029 (BBG01LG68JB9)0.17%
Mauser Packaging Solutions Holding 7.88% 04/15/2030 (BBG01YQ74FS2)0.17%
Transdigm 6.75% 01/31/2035 (BBG02534RLY1)0.16%
Transdigm Inc 6.38% 05/31/2033 (BBG01TYXN2R6)0.16%
Davita Inc 4.63% 06/01/2030 (BBG00V30XND6)0.16%
Cco Holdings Llc 4.25% 02/01/2031 (BBG00VXBDRR7)0.16%
Cco Holdings Llc 4.50% 08/15/2030 (BBG00RMHNL33)0.16%
Vodafone Group PLC 7.00% 04/04/2079 (BBG00NR6TKJ0)0.16%
Connect Finco Sarl 9.00% 09/15/2029 (BBG01PNMWYR0)0.15%
Venture Global Lng Inc 8.38% 06/01/2031 (BBG01GNYBL31)0.15%
Ukg Inc 6.88% 02/01/2031 (BBG01L81BM19)0.15%
Level 3 Financing Inc 7.00% 03/31/2034 (BBG01WHX5GT5)0.15%
Nrg Energy Inc 6.00% 01/15/2036 (BBG01XK0QB82)0.15%
Venture Global Lng Inc 9.88% 02/01/2032 (BBG01JRWR4F3)0.15%
Staples Inc 10.75% 09/01/2029 (BBG01MZLYJL3)0.15%
Aadvantage Loyalty Ip Ltd 5.75% 04/20/2029 (BBG00ZKWV8L4)0.15%
1011778 Bc Unlimited Liability Co 4.00% 10/15/2030 (BBG00XDH1DV1)0.15%

Weight gaps

HYSD and SCYB share no securities.

All HYSD holdings⁠All 1,844 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.

HYSD vs SCYB Cost

Overpaying HYSD vs SCYB

$8,214

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

HYSD 0.44%
$8,852
SCYB 0.03%
$638

Amount$10,000

Years30 years

Cost over time

HYSD 0.44%
SCYB 0.03%
Overpaying

Year by year

Year	HYSD	SCYB	Overpaying
10	$794	$55	$739
20	$3,061	$216	$2,845
30	$8,852	$638	$8,214

Expense ratio

0.44%HYSD
0.03%SCYB, cheaper

SCYB0.03%HYSD0.44%

0.03%1.24%

Middle half of US High Yield funds
Median 0.42%

SCYB cheapest of 84 funds

HYSD 44th cheapest of 84 funds

HYSD vs SCYB Dividends

Last 12 months to Oct 30, 2026

Yield (12M): HYSD 6.01%; SCYB 7.14%, better
Payout (12M): HYSD $1.18; SCYB $1.80
Last payment: HYSD $0.09; SCYB $0.16
Ex-dividend: HYSD Oct 1, 2026; SCYB Oct 1, 2026
Paid on: HYSD Oct 5, 2026; SCYB Oct 7, 2026
Frequency: HYSD Monthly; SCYB Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

HYSDMonthly · 25 paymentsAll HYSD payments⁠

SCYBMonthly · 38 paymentsAll SCYB payments⁠

HYSD vs SCYB Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: HYSD 2.6%since Oct 2024SCYB 4.6%
Return per unit of riskSharpe ratio, 3 years: HYSD 0.09since Oct 2024SCYB 0.82
Worst fallMax drawdown, 5 years: HYSD −2.7%since Sep 2024SCYB −4.9%since Jul 2023
Market sensitivityBeta, 5 years: HYSD 0.14SCYB 0.28; Market = 1

HYSD 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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HYSD vs SCYB

In short

Stated mandate

Why people hold it

Worth knowing

How HYSD and SCYB differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in HYSD

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%