(HYG) High Yield Corporate Bond - Overview
ETF Category: High Yield Bond | Exchange: NYSE ARCA (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 debt rated below investment grade. The fund maintains a primary allocation of at least 80% of its assets in index components, with a total of 90% invested in fixed income securities designed to mirror the 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. Issuers in this sector frequently utilize these instruments to fund acquisitions, refinance existing debt, or support general corporate operations when traditional bank lending is less accessible. For deeper insights into credit quality and risk metrics, consider reviewing the detailed analytics on ValueRay.
- Federal Reserve interest rate decisions dictate yield spreads and bond valuations
- Corporate default rates impact net asset value and investor risk appetite
- Narrowing credit spreads enhance price appreciation across the high yield sector
- Macroeconomic growth trends influence the creditworthiness of underlying junk bond issuers
- Institutional liquidity flows drive secondary market pricing for high yield ETFs
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.