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 specific set of high-yield corporate bonds, which are debt securities issued by companies with lower credit ratings. These bonds offer higher yields to compensate for the increased credit risk.

The ETF's underlying index is a rules-based index, meaning it follows a strict set of guidelines to select the bonds that make up the portfolio. This index consists of U.S. dollar-denominated high-yield corporate bonds that are publicly traded in the United States.

The fund's investment strategy is designed to closely track the performance of the underlying index. To achieve this, the fund will invest at least 80% of its assets in the same bonds that make up the index. Additionally, the fund will invest at least 90% of its assets in fixed-income securities that are similar to those in the index, as chosen by the fund's advisor.

By investing in the iShares iBoxx $ High Yield Corporate Bond ETF, you'll gain exposure to a diversified portfolio of high-yield corporate bonds, which can provide a regular income stream and the potential for capital appreciation.

The fund is managed by BlackRock, a leading global investment manager, and is listed on the NYSE Arca exchange under the ticker symbol HYG. For more information, you can visit the iShares website at http://www.ishares.com.

The fund is domiciled in the United States, which means it is subject to U.S. regulations and tax laws. This can impact the fund's performance and the taxes you may owe on any capital gains or income earned from your investment.

Drawdown (Underwater) Chart

Drawdown / Underwater Chart for HYG - iShares High Yield Corporate Bond

Overall Trend and Yearly Seasonality

Drawdown / Underwater Chart for HYG - iShares High Yield Corporate Bond

HYG ETF Overview

Market Cap in USD 17,153m
Category High Yield Bond
TER 0.49%
IPO / Inception 2007-04-04

HYG ETF Ratings

Growth 5y 36.4
Fundamental -
Dividend 49.8
Rel. Performance vs Sector -0.95
Analysts -
Fair Price Momentum 76.70 USD
Fair Price DCF -

HYG Dividends

Dividend Yield 12m 5.88%
Yield on Cost 5y 6.82%
Dividends CAGR 5y 0.24%
Payout Consistency 92.6%

HYG Growth Ratios

Growth 12m 9.91%
Growth Correlation 12m 76%
Growth Correlation 3m 78%
CAGR 5y 3.00%
CAGR/Mean DD 5y 0.71
Sharpe Ratio 12m 0.79
Alpha vs SP500 12m -4.21
Beta vs SP500 5y weekly 0.49
ValueRay RSI 74.02
Volatility GJR Garch 1y 4.07%
Price / SMA 50 1.47%
Price / SMA 200 4.54%
Current Volume 35235.7k
Average Volume 20d 30591.2k

External Links for HYG ETF

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What is the price of HYG stocks?
As of July 21, 2024, the stock is trading at USD 77.98 with a total of 35,235,676 shares traded.
Over the past week, the price has changed by +0.00%, over one month by +1.41%, over three months by +4.20% and over the past year by +10.10%.
What are the forecast for HYG stock price target?
According to ValueRays Forecast Model, HYG iShares High Yield Corporate Bond will be worth about 84.4 in July 2025. The stock is currently trading at 77.98. This means that the stock has a potential upside of +8.18%.
Issuer Forecast Upside
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 84.4 8.18