HYG vs MHY
iShares iBoxx $ High Yield Corporate Bond ETF compared with Man Active High Yield ETF on yield, payout growth, payment schedule, cost and risk.
HYG
iShares iBoxx $ High Yield Corporate Bond ETF
TTM yield · Monthly
MHY
Man Active High Yield ETF
TTM yield · Quarterly
Quick take
- MHY yields more today: 6.87% vs 6.10% (forward).
- HYG pays every month; MHY pays every quarter.
- Over the last year MHY delivered the higher total return: +3.8% vs +0.7% (price change plus payouts).
- HYG is cheaper to own: 0.49% vs 0.69% expense ratio.
- HYG has the steadier distribution: consistency 94/100 vs 29/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | HYG | MHY |
|---|---|---|
| Share price | $77.05 | $24.90 |
| TTM yield | 6.10% | 5.39% |
| Forward yield | 6.10% | 6.87% |
| Annual payout per share | $4.701 | $1.712 |
| Payment frequency | Monthly | Quarterly |
| Next ex-date | Oct 31, 2026 (est.) | Dec 31, 2026 (est.) |
| Expense ratio | 0.49% | 0.69% |
| 1-year payout growth | — | — |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | — | — |
| Payout consistency (last 12) | 94/100 | 29/100 |
| 1-year total return | +0.7% | +3.8% |
| 1-year price return | -5.1% | -1.5% |
| Size (market cap / AUM) | 16.8B | 32.0M |
| Years paying | 19.5 | 0.8 |
| Sector / category | High Yield Bond | High Yield Bond |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| HYG | MHY | |
|---|---|---|
| Shares | 129.8 | 401.6 |
| Income per year | $610 | $687 |
| Income per month (avg) | $51 | $57 |
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| HYG Oct 31, 2026 | Nov 14, 2026 | $0.3917 | Est. |
| HYG Nov 30, 2026 | Dec 14, 2026 | $0.3917 | Est. |
| HYG Dec 30, 2026 | Jan 13, 2027 | $0.3917 | Est. |
| MHY Dec 31, 2026 | Jan 14, 2027 | $0.428 | Est. |
| MHY Apr 5, 2027 | Apr 19, 2027 | $0.428 | Est. |
| MHY Jul 9, 2027 | Jul 23, 2027 | $0.428 | Est. |
Annual payouts per share
HYGMHY
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, HYG or MHY?
HYG currently has the higher trailing yield: HYG yields 6.10% and MHY yields 5.39%. Yield changes daily with price, so check the live figures above.
How often do HYG and MHY pay?
HYG pays every month and MHY pays every quarter. HYG's next ex-date is Oct 31, 2026 and MHY's is Dec 31, 2026.
Is HYG or MHY better for income?
It depends on what you are optimising for. HYG and MHY differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.