Updated Reviewed quarterly
BKLN vs HYG: ETF Comparison
BKLN · Invesco
TER 0.65% · Yield —
HYG · iShares
TER 0.49% · Yield 6.0%
Both BKLN and HYG are US-listed and trigger FIF tax for NZ residents above the NZ$50,000 overseas-share threshold. The comparison is about exposure, fee, and strategy — both share the same NZ tax friction.
In 30 seconds: BKLN (Invesco Senior Loan ETF, Invesco) trades on the NYSE Arca at 0.65% TER. HYG (iShares iBoxx $ High Yield Corporate Bond ETF, iShares) trades on the NYSE Arca at 0.49% TER. Both BKLN and HYG are US-listed and trigger FIF tax for NZ residents above the NZ$50,000 overseas-share threshold. The comparison is about exposure, fee, and strategy — both share the same NZ tax friction.
- BKLN: Invesco Senior Loan ETF — 0.65% TER, FIF above NZ$50K
- HYG: iShares iBoxx $ High Yield Corporate Bond ETF — 0.49% TER, FIF above NZ$50K
- BKLN yield: not currently published
- HYG yield: 6.0% (Monthly)
- Cheaper TER: HYG
Head-to-head comparison
| Feature | BKLN | HYG |
|---|---|---|
| Fund | Invesco Senior Loan ETF | iShares iBoxx $ High Yield Corporate Bond ETF |
| Issuer | Invesco | iShares |
| Exchange | NYSE Arca | NYSE Arca |
| Total expense ratio | 0.65% | 0.49% |
| Dividend yield (TTM) | — | 6.0% |
| Distribution frequency | Monthly | Monthly |
| NZ tax wrapper | FIF above NZ$50K | FIF above NZ$50K |
Where to buy
BKLN trades on the NYSE Arca — buy via Hatch, Stake, Sharesies, Tiger and Interactive Brokers. HYG trades on the NYSE Arca — buy via Hatch, Stake, Sharesies, Tiger and Interactive Brokers. See all 11 NZ investment platforms compared.
Frequently asked questions
What is the difference between BKLN and HYG?▾
BKLN (Invesco Senior Loan ETF) charges 0.65% TER vs HYG (iShares iBoxx $ High Yield Corporate Bond ETF) at 0.49%. BKLN is from Invesco; HYG is from iShares. Both BKLN and HYG are US-listed and trigger FIF tax for NZ residents above the NZ$50,000 overseas-share threshold. The comparison is about exposure, fee, and strategy — both share the same NZ tax friction.
Which has the lower fee, BKLN or HYG?▾
HYG is cheaper at 0.49% TER vs BKLN at 0.65% — a gap of 0.16 percentage points.
Which yields more, BKLN or HYG?▾
Yield data for at least one fund is not currently published — check the issuer fact sheet for the latest trailing 12-month yield. Headline yield is gross; after-tax outcome depends on your tax wrapper (FIF above NZ$50K for BKLN, FIF above NZ$50K for HYG).
Can NZ residents buy both BKLN and HYG?▾
Yes. BKLN is available via Hatch, Stake, Sharesies, Tiger and Interactive Brokers. HYG is available via Hatch, Stake, Sharesies, Tiger and Interactive Brokers.
How does NZ tax differ between BKLN and HYG?▾
BKLN is FIF above NZ$50K. HYG is FIF above NZ$50K. Same tax wrapper, no structural tax difference between the two for NZ residents. See /tax/pie-vs-fif/ for the full mechanics.
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