HYG vs PCHI
iShares iBoxx $ High Yield Corporate Bond ETF compared with Polen High Income ETF on yield, payout growth, payment schedule, cost and risk.
HYG
iShares iBoxx $ High Yield Corporate Bond ETF
TTM yield · Monthly
PCHI
Polen High Income ETF
TTM yield · Monthly
Quick take
- PCHI yields more today: 7.75% vs 5.99% (forward).
- Both pay every month.
- Over the last year HYG delivered the higher total return: +3.7% vs +2.7% (price change plus payouts).
- HYG is cheaper to own: 0.49% vs 0.53% expense ratio.
- HYG has the steadier distribution: consistency 95/100 vs 85/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | HYG | PCHI |
|---|---|---|
| Share price | $79.12 | $24.15 |
| TTM yield | 5.99% | 7.75% |
| Forward yield | 5.99% | 7.75% |
| Annual payout per share | $4.74 | $1.871 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Oct 1, 2026 (est.) | Sep 30, 2026 (est.) |
| Expense ratio | 0.49% | 0.53% |
| 1-year payout growth | — | — |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | — | — |
| Payout consistency (last 12) | 95/100 | 85/100 |
| 1-year total return | +3.7% | +2.7% |
| 1-year price return | -2.2% | -4.7% |
| Size (market cap / AUM) | 16.2B | 21.5M |
| Years paying | 19.4 | 1.4 |
| 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 | PCHI | |
|---|---|---|
| Shares | 126.4 | 414.2 |
| Income per year | $599 | $775 |
| Income per month (avg) | $50 | $65 |
At forward yields, before taxes. Model HYG · Model PCHI
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| HYG Oct 1, 2026 | Oct 15, 2026 | $0.395 | Est. |
| HYG Oct 31, 2026 | Nov 14, 2026 | $0.395 | Est. |
| HYG Nov 30, 2026 | Dec 14, 2026 | $0.395 | Est. |
| PCHI Sep 30, 2026 | Oct 14, 2026 | $0.1559 | Est. |
| PCHI Oct 30, 2026 | Nov 13, 2026 | $0.1559 | Est. |
| PCHI Nov 29, 2026 | Dec 13, 2026 | $0.1559 | Est. |
Annual payouts per share
HYGPCHI
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 PCHI?
PCHI currently has the higher trailing yield: HYG yields 5.99% and PCHI yields 7.75%. Yield changes daily with price, so check the live figures above.
How often do HYG and PCHI pay?
HYG pays every month and PCHI pays every month. HYG's next ex-date is Oct 1, 2026 and PCHI's is Sep 30, 2026.
Is HYG or PCHI better for income?
It depends on what you are optimising for. HYG and PCHI 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.