HYG

iShares iBoxx $ High Yield Corporate Bond ETF

$80.22

+0.00%

Market closed. Last update: 10:55 PM ET

📎 Investment Objective

The iShares iBoxx $ High Yield Corporate Bond ETF (HYG) seeks to track the investment results of an index composed of U.S. dollar-denominated, high yield corporate bonds.

Overview

ETF tracking iShares iBoxx $ High Yield Corporate Bond ETF

Category Fixed Income

Issuer BlackRock

Inception Date 2008-11-06

Market Cap $18.0B

Average Volume N/A

Dividend Yield 4.80%

52-Week Range $75.75 - $81.32

VWAP $80.28

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The iShares iBoxx $ High Yield Corporate Bond ETF (HYG) seeks to track the investment results of an index composed of U.S. dollar-denominated, high yield corporate bonds.

🎯 Investment Strategy

The ETF invests in a representative sample of the index's constituent securities to seek to track the performance of the index. The index is designed to measure the performance of U.S. dollar-denominated, high yield corporate bonds.

✨ Key Features

Provides exposure to a diversified portfolio of high yield corporate bonds
Tracks the Markit iBoxx USD Liquid High Yield Index, a benchmark for the high yield corporate bond market
Offers potential for higher income compared to investment grade bonds, but with higher risk
Relatively low expense ratio of 0.49%

⚠️ Primary Risks

Credit risk: Exposure to bonds with lower credit ratings, which have a higher risk of default
Interest rate risk: Bond prices may decline as interest rates rise
Liquidity risk: High yield bonds may be less liquid than investment grade bonds
Concentration risk: Significant exposure to the high yield corporate bond market

👤 Best For

This ETF may be suitable for investors seeking exposure to the high yield corporate bond market as part of a diversified fixed income allocation. Investors should have a higher risk tolerance and be comfortable with the potential for higher volatility and lower credit quality compared to investment grade bonds.

Top Holdings

Rank	Name	Weight	Sector
1	1261229 BC LTD 144A	0.42%	Consumer Non-Cyclical
2	MEDLINE BORROWER LP 144A	0.38%	Consumer Non-Cyclical
3	QUIKRETE HOLDINGS INC 144A	0.38%	Capital Goods
4	DISH NETWORK CORP 144A	0.37%	Communications
5	CLOUD SOFTWARE GROUP INC 144A	0.35%	Technology
6	CLOUD SOFTWARE GROUP INC 144A	0.34%	Technology
7	HUB INTERNATIONAL LTD 144A	0.31%	Insurance
8	VENTURE GLOBAL LNG INC 144A	0.29%	Energy
9	CCO HOLDINGS LLC 144A	0.29%	Communications
10	MAUSER PACKAGING SOLUTIONS HOLDING 144A	0.28%	Capital Goods
11	PANTHER ESCROW ISSUER LLC 144A	0.27%	Insurance
12	AADVANTAGE LOYALTY IP LTD 144A	0.26%	Transportation
13	EMRLD BORROWER LP 144A	0.26%	Capital Goods
14	CCO HOLDINGS LLC 144A	0.26%	Communications
15	TENET HEALTHCARE CORP	0.25%	Consumer Non-Cyclical