(HYG) High Yield Corporate Bond - Overview
ETF Category: High Yield Bond | Exchange: NYSE (USA) | Market Cap: 15.975m USD | Total Return: 6.2% in 12m
Avg Turnover: 2.63B
Warnings
No concerns identified
Tailwinds
No distinct edge detected
The iShares iBoxx $ High Yield Corporate Bond ETF (HYG) tracks a rules-based index of U.S. dollar-denominated corporate bonds rated below investment grade. To achieve its objective, the fund invests a minimum of 80% of its assets in the underlying index components and at least 90% in fixed-income securities designed to replicate index performance.
High-yield bonds, often referred to as junk bonds, typically offer higher interest rates than investment-grade debt to compensate investors for increased credit risk and the higher probability of issuer default. This asset class is frequently used by corporations to fund capital expenditures, acquisitions, or debt refinancing when they do not meet the stringent criteria for high-grade credit ratings.
Investors can further analyze the credit quality and maturity profiles of these holdings on ValueRay. Since its inception in 2007, HYG has become one of the most liquid instruments for gaining broad exposure to the non-investment grade U.S. corporate debt market.
- Federal Reserve interest rate policy shifts impact underlying bond valuations
- Corporate default rates and credit spread volatility drive price fluctuations
- High yield issuance volume affects secondary market liquidity and demand
- Investor risk appetite for speculative-grade debt influences capital inflows
As of June 07, 2026, the stock is trading at USD 79.43 with a total of 45,390,858 shares traded.
Over the past week, the price has changed by -0.59%,
over one month by -0.10%,
over three months by +0.70% and
over the past year by +6.20%.
High Yield Corporate Bond has no consensus analysts rating.