HYG - iShares High Yield Corporate Bond
Exchange: USA Stocks • Country: USA • Currency: USD • Type: Etf • ISIN: US4642885135 • High Yield Bond
High, Yield, Corporate, Bonds
The iShares iBoxx $ High Yield Corporate Bond ETF (NYSE ARCA: HYG) tracks a rules-based index that comprises U.S. dollar-denominated high-yield corporate bonds available in the U.S. market. This means the fund focuses on bonds issued by companies with lower credit ratings, which typically offer higher yields to compensate for the increased credit risk.
The fund's investment strategy is designed to closely follow the underlying index. It will allocate at least 80% of its assets to the component securities of the index, ensuring that the fund's performance is closely tied to the index's performance. Additionally, the fund will invest at least 90% of its assets in fixed income securities that are similar to those included in the underlying index, allowing the fund manager to make adjustments to optimize the fund's tracking ability.
By investing in high-yield corporate bonds, the fund provides exposure to a segment of the fixed income market that can offer higher returns compared to investment-grade bonds. This makes the iShares iBoxx $ High Yield Corporate Bond ETF an attractive option for investors seeking income generation and diversification in their portfolios.
The fund is managed by BlackRock, a leading global asset manager, and is listed on the NYSE Arca exchange under the ticker symbol HYG. For more information, investors can visit the iShares website at http://www.ishares.com. As a U.S.-domiciled fund, it is subject to U.S. regulations and tax laws.
Drawdown (Underwater) Chart
Overall Trend and Yearly Seasonality
HYG ETF Overview
Market Cap in USD | 14,437m |
Category | High Yield Bond |
TER | 0.49% |
IPO / Inception | 2007-04-04 |
HYG ETF Ratings
Growth 5y | 42.2 |
Fundamental | - |
Dividend | 66.1 |
Rel. Performance vs Sector | -1.85 |
Analysts | - |
Fair Price Momentum | 80.69 USD |
Fair Price DCF | - |
HYG Dividends
Dividend Yield 12m | 6.33% |
Yield on Cost 5y | 7.59% |
Dividends CAGR 5y | 0.24% |
Payout Consistency | 92.6% |
HYG Growth Ratios
Growth Correlation 3m | 66.8% |
Growth Correlation 12m | 96.5% |
Growth Correlation 5y | 45% |
CAGR 5y | 3.67% |
CAGR/Mean DD 5y | 0.87 |
Sharpe Ratio 12m | 1.99 |
Alpha vs SP500 12m | -5.63 |
Beta vs SP500 5y weekly | 0.48 |
ValueRay RSI | 68.57 |
Volatility GJR Garch 1y | 3.83% |
Price / SMA 50 | 0.99% |
Price / SMA 200 | 5.3% |
Current Volume | 30543.7k |
Average Volume 20d | 35120.9k |
External Links for HYG ETF
Wall Street Journal • Benzinga • Yahoo Finance
Tweets
X • Stocktwits
Fund Manager Positions
Dataroma • Stockcircle
As of November 10, 2024, the stock is trading at USD 79.80 with a total of 30,543,676 shares traded.
Over the past week, the price has changed by +1.33%, over one month by +0.94%, over three months by +4.36% and over the past year by +14.86%.
According to ValueRays Forecast Model, HYG iShares High Yield Corporate Bond will be worth about 88.2 in November 2025. The stock is currently trading at 79.80. This means that the stock has a potential upside of +10.53%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | - | - |
Analysts Target Price | - | - |
ValueRay Target Price | 88.2 | 10.5 |