(USHY) Broad USD High Yield - Overview
Etf: High Yield, Corporate Bonds, USD Denominated, Fixed Income
Dividends
| Dividend Yield | 7.42% |
| Yield on Cost 5y | 8.39% |
| Yield CAGR 5y | 5.04% |
| Payout Consistency | 92.6% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 3.06% |
| Relative Tail Risk | -2.11% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.69 |
| Alpha | 0.85 |
| Character TTM | |
|---|---|
| Beta | 0.235 |
| Beta Downside | 0.243 |
| Drawdowns 3y | |
|---|---|
| Max DD | 4.66% |
| CAGR/Max DD | 2.04 |
Description: USHY Broad USD High Yield December 17, 2025
The iShares Broad USD High Yield Corporate Bond ETF (BATS: USHY) aims to track a U.S. dollar-denominated high-yield corporate bond index by allocating at least 80 % of its assets to the index’s component securities and at least 90 % to fixed-income securities that the fund’s manager believes will best replicate the index’s performance.
As of the most recent reporting period, USHY carries an expense ratio of 0.45 %, a weighted-average maturity of roughly 5.8 years, and delivers a distribution yield near 5.2 % (annualized). The portfolio’s average credit rating sits around BB-, and its top sector exposures are energy (≈15 %), industrials (≈14 %), and consumer discretionary (≈12 %).
Key drivers of USHY’s performance include the high-yield spread over Treasuries (which has widened by about 150 bps since early 2023), the Federal Reserve’s policy stance on interest rates, and macro-economic indicators such as U.S. corporate earnings and default rates, which remain low (≈2 % annualized) despite elevated spreads.
For a deeper, data-rich analysis of how USHY may behave under different economic scenarios, you might explore the interactive dashboards on ValueRay.
What is the price of USHY shares?
Over the past week, the price has changed by +0.12%, over one month by +0.39%, over three months by +2.19% and over the past year by +7.86%.
Is USHY a buy, sell or hold?
What are the forecasts/targets for the USHY price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 42.7 | 14% |
USHY Fundamental Data Overview February 03, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 25.58b USD (25.58b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 25.58b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 25.58b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 6.78% (E(25.58b)/V(25.58b) * Re(6.78%) + (debt-free company))
Discount Rate = 6.78% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)