ETF comparison

CEBR vs HYLA

iShares Global High Yield Corp Bond UCITS ETF
IE00091SR7N7iShares
iShares Global High Yield Corp Bond UCITS ETF
IE00BYWZ0440iShares
Figures as of October 2, 2026 (CEBR) · October 2, 2026 (HYLA)

The comparison in short

CEBR (iShares Global High Yield Corp Bond UCITS ETF, IE00091SR7N7) and HYLA (iShares Global High Yield Corp Bond UCITS ETF, IE00BYWZ0440) both track the iBoxx Global Developed Markets Liquid High Yield Capped index. HYLA has the lower total expense ratio (TER): 0.50% a year against 0.55% for CEBR, 0.05 percentage points less, or about 5 a year on 10,000 invested. CEBR reports USD 3.0bn in assets and HYLA USD 3.0bn. CEBR reports 2,027 holdings and HYLA 2,027. 10 of the holdings published by CEBR (top 10) and HYLA (top 10) appear in both lists; measured on those published positions only, the overlap is at least 3.0%. Shared holdings include MPT OPERATING PARTNERSHIP LP / MPT 144A, ECHOSTAR CORP 10.75% 2029, MERIDIAN ARC HOLDCO LLC 144A, CCO HOLDINGS LLC and ECHOSTAR CORP 6.75% 2030. In 2025, CEBR returned +5.7% and HYLA +14.6%, a gap of 8.9 percentage points. Over 3 years, CEBR returned +5.5% a year and HYLA +8.2% a year. Returns are in each share class's currency (EUR and USD), so part of the gap reflects exchange rates. CEBR and HYLA both reinvest their income (accumulating share classes). CEBR and HYLA both hold the index securities directly (physical replication). Both are domiciled in Ireland. CEBR and HYLA both carry a risk indicator (SRRI) of 3 on the 1–7 scale. This is a factual comparison from the fund houses' documents, not investment advice.

Side by side

FigureCEBRHYLA
ISINIE00091SR7N7IE00BYWZ0440
Exchange tickersCEBRHYLA, HYEA
Fund houseiSharesiShares
Total expense ratio (TER)0.55%0.50%
Ongoing charges (KID)0.55%0.50%
Fund sizeUSD 3.0bnUSD 3.0bn
Launch dateSeptember 20, 2023October 19, 2017
ReplicationPhysicalPhysical
DomicileIrelandIreland
Distribution policyAccumulatingAccumulating
Share class currencyEURUSD
Number of holdings2,0272,027
Risk indicator (SRRI)3 / 73 / 7
SFDR classification—Article 6
BenchmarkiBoxx Global Developed Markets Liquid High Yield Capped (USD) Index (USD)iBoxx Global Developed Markets Liquid High Yield Capped (USD) Index (USD)

Performance

Calendar-year returns

YearCEBRHYLADifference
2025+5.7%+14.6%−8.9
2024+5.9%+2.9%+3.0

Annualised returns

PeriodCEBRHYLADifference
1 year−0.4%−0.9%+0.5
3 years+5.5%+8.2%−2.7
Returns as published by each fund house, in each share class's currency and net of the fund's charges. The difference is in percentage points. Past performance does not predict future returns.

Holdings

10 of the holdings published by CEBR (top 10) and HYLA (top 10) appear in both lists; measured on those published positions only, the overlap is at least 3.0%. Shared holdings include MPT OPERATING PARTNERSHIP LP / MPT 144A, ECHOSTAR CORP 10.75% 2029, MERIDIAN ARC HOLDCO LLC 144A, CCO HOLDINGS LLC and ECHOSTAR CORP 6.75% 2030.

Top 10 holdings of CEBR

#HoldingWeight
1
MPT OPERATING PARTNERSHIP LP / MPT 144AIn both
0.47%
2
ECHOSTAR CORP 10.75% 2029In both
0.35%
3
MERIDIAN ARC HOLDCO LLC 144AIn both
0.35%
4
CCO HOLDINGS LLCIn both
0.29%
5
ECHOSTAR CORP 6.75% 2030In both
0.28%
6
PR RNO PROPERTY OWNER 1 LLC 144AIn both
0.28%
7
1261229 BC LTD 144AIn both
0.27%
8
CVS HEALTH CORP NC5.25In both
0.25%
9
VODAFONE GROUP PLCIn both
0.24%
10
TENET HEALTHCARE CORPIn both
0.23%

Top 10 holdings of HYLA

#HoldingWeight
1
MPT OPERATING PARTNERSHIP LP / MPT 144AIn both
0.47%
2
ECHOSTAR CORP 10.75% 2029In both
0.35%
3
MERIDIAN ARC HOLDCO LLC 144AIn both
0.35%
4
CCO HOLDINGS LLCIn both
0.29%
5
ECHOSTAR CORP 6.75% 2030In both
0.28%
6
PR RNO PROPERTY OWNER 1 LLC 144AIn both
0.28%
7
1261229 BC LTD 144AIn both
0.27%
8
CVS HEALTH CORP NC5.25In both
0.25%
9
VODAFONE GROUP PLCIn both
0.24%
10
TENET HEALTHCARE CORPIn both
0.23%
Compare every published holding of CEBR and HYLA in the overlap checker

Sectors and countries

Largest sectors of CEBR

  1. Consumer Cyclical19.4%
  2. Communications16.2%
  3. Capital Goods9.3%
  4. Other8.1%
  5. Energy7.4%
  6. Healthcare7.4%
+ 4 more

Largest sectors of HYLA

  1. Consumer Cyclical19.4%
  2. Communications16.2%
  3. Capital Goods9.3%
  4. Other8.1%
  5. Energy7.4%
  6. Healthcare7.4%
+ 4 more

Largest countries of CEBR

  1. United States62.5%
  2. United Kingdom6.8%
  3. France6.7%
  4. Other6.1%
  5. Italy4.4%
  6. Germany4.3%
+ 4 more

Largest countries of HYLA

  1. United States62.5%
  2. United Kingdom6.8%
  3. France6.7%
  4. Other6.1%
  5. Italy4.4%
  6. Germany4.3%
+ 4 more

Frequently asked questions

What is the difference between CEBR and HYLA?

CEBR (iShares Global High Yield Corp Bond UCITS ETF, IE00091SR7N7) and HYLA (iShares Global High Yield Corp Bond UCITS ETF, IE00BYWZ0440) both track the iBoxx Global Developed Markets Liquid High Yield Capped index. HYLA has the lower total expense ratio (TER): 0.50% a year against 0.55% for CEBR, 0.05 percentage points less, or about 5 a year on 10,000 invested. CEBR and HYLA both reinvest their income (accumulating share classes). CEBR and HYLA both hold the index securities directly (physical replication). Both are domiciled in Ireland. The share class of CEBR is in EUR, that of HYLA in USD. This is a factual comparison from the fund houses' documents, not investment advice.

Which is cheaper, CEBR or HYLA?

HYLA has the lower total expense ratio (TER): 0.50% a year against 0.55% for CEBR, 0.05 percentage points less, or about 5 a year on 10,000 invested. Their key information documents state ongoing charges of 0.55% for CEBR and 0.50% for HYLA.

Which is bigger, CEBR or HYLA?

CEBR reports USD 3.0bn in assets and HYLA USD 3.0bn.

Do CEBR and HYLA hold the same companies?

10 of the holdings published by CEBR (top 10) and HYLA (top 10) appear in both lists; measured on those published positions only, the overlap is at least 3.0%. Shared holdings include MPT OPERATING PARTNERSHIP LP / MPT 144A, ECHOSTAR CORP 10.75% 2029, MERIDIAN ARC HOLDCO LLC 144A, CCO HOLDINGS LLC and ECHOSTAR CORP 6.75% 2030.

How did CEBR and HYLA perform in 2025?

In 2025, CEBR returned +5.7% and HYLA +14.6%, a gap of 8.9 percentage points. Over 3 years, CEBR returned +5.5% a year and HYLA +8.2% a year. Over the past year, CEBR returned −0.4% and HYLA −0.9%. Returns are in each share class's currency (EUR and USD), so part of the gap reflects exchange rates. Past performance does not predict future returns.

Are CEBR and HYLA accumulating or distributing?

CEBR is accumulating: it reinvests its income in the fund. HYLA is accumulating: it reinvests its income in the fund.

Go further

Figures are read from the documents each fund house publishes (product page, factsheet, key information document, holdings file) and refreshed weekly. Names and tickers identify the products; FundFacts API is independent of every fund house and index provider. This comparison is factual information, not investment advice or a recommendation to buy or sell either fund.