SHYG 📈 iShares 0-5 Year High - Overview

Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US46434V4077 • High Yield Bond

SHYG: High Yield Bonds, Corporate Debt, Fixed Income Securities

The iShares 0-5 Year High Yield Corporate Bond ETF (SHYG) tracks the performance of U.S. dollar-denominated high-yield corporate debt with maturities ranging from 0 to 5 years. This ETF provides investors with exposure to a diversified portfolio of high-yield bonds issued by corporations in the United States.

The fund's investment strategy is designed to replicate the performance of its underlying index, which is comprised of high-yield corporate bonds. To achieve this, the fund will invest at least 80% of its assets in the component securities of the underlying index, ensuring that the portfolio remains aligned with the market it's tracking. Additionally, the fund will allocate at least 90% of its assets to fixed-income securities that are similar in type and quality to those included in the underlying index, further enhancing its ability to track the index's performance.

As a U.S.-domiciled fund, the iShares 0-5 Year High Yield Corporate Bond ETF (SHYG) is managed by BlackRock Fund Advisors (BFA), a leading global investment management company. For more information on the fund, investors can visit the iShares website at http://www.ishares.com.

Additional Sources for SHYG ETF

SHYG ETF Overview

Market Cap in USD 6,131m
Category High Yield Bond
TER 0.30%
IPO / Inception 2013-10-15

SHYG ETF Ratings

Growth 5y 66.9%
Fundamental -
Dividend 73.5%
Rel. Performance Sector -1.94
Analysts -
Fair Price Momentum 43.97 USD
Fair Price DCF -

SHYG Dividends

Dividend Yield 12m 6.21%
Yield on Cost 5y 7.76%
Annual Growth 5y 2.24%
Payout Consistency 96.84%

SHYG Growth Ratios

Growth Correlation 3m 78.9%
Growth Correlation 12m 98.2%
Growth Correlation 5y 81%
CAGR 5y 4.56%
CAGR/Mean DD 5y 2.10
Sharpe Ratio 12m 1.65
Alpha -5.50
Beta 0.38
Volatility 3.14%
Current Volume 691.1k
Average Volume 20d 1061.1k
What is the price of SHYG stocks?
As of December 05, 2024, the stock is trading at USD 43.09 with a total of 691,070 shares traded.
Over the past week, the price has changed by +0.33%, over one month by +1.29%, over three months by +2.41% and over the past year by +10.68%.
Is iShares 0-5 Year High a good stock to buy?
Yes. Based on ValueRay Analyses, iShares 0-5 Year High (NYSE ARCA:SHYG) is currently (December 2024) a good stock to buy. It has a ValueRay Growth Rating of 66.86 and therefor a clear technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of SHYG as of December 2024 is 43.97. This means that SHYG is currently overvalued and has a potential downside of 2.04%.
Is SHYG a buy, sell or hold?
iShares 0-5 Year High has no consensus analysts rating.
What are the forecast for SHYG stock price target?
According to ValueRays Forecast Model, SHYG iShares 0-5 Year High will be worth about 47.9 in December 2025. The stock is currently trading at 43.09. This means that the stock has a potential upside of +11.26%.
Issuer Forecast Upside
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 47.9 11.3%