SHYGiShares 0-5 Year High Yield Corporate Bond ETF
SHYG Fund Description
The iShares 0-5 Year High Yield Corporate Bond ETF tracks a market-value-weighted index of high-yield US-dollar-denominated corporate bonds with 0-5 years remaining in maturity.
SHYG Factset Analytics Insight
SHYG is the short-term (0-5 years) version of iShares' popular HYG. Its underlying index selects and weights its bonds by market value, and this method yields a portfolio that aligns well with our benchmark in terms of credit tranches and maturity buckets, with the only notable difference being a slightly lower YTM. SHYG trades well on a retail basis, with manageable spreads and respectable daily volume. Still, SHYG suffers from the same general lack of liquidity for block trades common to most high yield ETFs. SHYG charges an average fee for its segment, but its tracking isn't as tight as we'd like to see.
SHYG MSCI ESG Analytics Insight
The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of June 20, 2018 the iShares 0-5 Year High Yield Corporate Bond ETF MSCI ESG Fund Quality Score is 3.54 out of 10.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. SHYG ranks in the 17th percentile within its peer group and in the 4th percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.
SHYG CHARTS AND PERFORMANCE
SHYG Top 10 Countries [View All]
SHYG Top 10 Sectors
SHYG Top 10 Holdings [View All]
SHYG Portfolio Management
SHYG Tax Exposures
SHYG Fund Structure
SHYG Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of SHYG. SHYG is rated a 3 out of 5.
SHYG Sector/Industry Breakdown
SHYG Top 10 Holdings[View All]
SHYG Top 5 Countries
SHYG Top 5 Currencies
SHYG Economic Development
SHYG Performance Statistics
SHYG MSCI ESG Ratings
SHYG HOLDINGS STATISTICS
SHYG MATURITY DISTRIBUTION
SHYG CREDIT BREAKDOWN