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

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 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

News
Wall Street JournalBenzingaYahoo Finance
Tweets
XStocktwits
Fund Manager Positions
DataromaStockcircle
What is the price of HYG stocks?
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%.
What are the forecast for HYG stock price target?
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