(HYG) High Yield Corporate Bond - Overview
Etf: High-Yield Corporate Bonds
| Risk 5d forecast | |
|---|---|
| Volatility | 2.74% |
| Relative Tail Risk | -0.58% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.63 |
| Alpha | 1.52 |
| Character TTM | |
|---|---|
| Beta | 0.236 |
| Beta Downside | 0.231 |
| Drawdowns 3y | |
|---|---|
| Max DD | 4.56% |
| CAGR/Max DD | 1.99 |
Description: HYG High Yield Corporate Bond February 13, 2026
The iShares iBoxx $ High Yield Corporate Bond ETF (HYG) tracks a rules-based index of U.S.-dollar-denominated high-yield corporate bonds that are publicly offered in the United States. The fund is required to hold at least 80 % of its net assets in the index’s component securities and at least 90 % in fixed-income securities of the same type, a structure designed to keep tracking error low.
As of the most recent quarter (Q4 2025), HYG reports an expense ratio of 0.49 % and total assets of roughly $30 billion. The weighted-average yield on the portfolio is about 7.2 % with a weighted-average maturity of 6.5 years, and the average credit quality sits near Baa3/BBB- (S&P/Fitch). High-yield spreads have compressed to roughly 350 basis points over Treasuries, reflecting a still-tight credit market that is highly sensitive to the Fed’s policy stance and recession-risk indicators. Energy-related issuers dominate the sector composition, accounting for about 25 % of holdings, which ties the ETF’s performance to commodity price trends and energy-sector capital spending.
For a deeper, data-driven dive into how these drivers may affect HYG’s risk-adjusted return, you might explore the analytics on ValueRay.
What is the price of HYG shares?
Over the past week, the price has changed by +0.05%, over one month by +0.26%, over three months by +2.26% and over the past year by +7.54%.
Is HYG a buy, sell or hold?
What are the forecasts/targets for the HYG price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 91.1 | 12.7% |
HYG Fundamental Data Overview February 12, 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 = 16.82b USD (16.82b + (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 16.82b)
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 16.82b / 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(16.82b)/V(16.82b) * 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)