BYLD

iShares Yield Optimized Bond ETF
*Unless otherwise stated, data provided by FactSet.

BYLD Fund Description

BYLD tracks an index composed of iETF bond ETFs optimized for yield and mean variance.

BYLD Factset Analytics Insight

BYLD aims to deliver more yield without taking more risk—a neat trick if it works. It uses iShares' existing bond ETFs as building blocks, optimized for yield, and constrained to have no more risk than iShares' flagship AGG (as measured by weighted average portfolio mean variance). In theory, this clean and elegant design should deliver higher yield without increased price volatility—but not necessarily less credit risk—than AGG. BYLD typically charges no fee on top of those passed through from the funds it holds, and has often clawed back much of those expenses via securities lending and efficient management. Unfortunately, low investor interest in BYLD translates to tepid liquidity and elevated closure risk. Institutional traders should have little or no issues with redeems and creates, thanks to the strong block liquidity of the ETFs in its basket.

BYLD MSCI ESG Analytics Insight

iShares Yield Optimized Bond ETF has an MSCI ESG Fund Rating of BBB based on a score of 4.54 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

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. iShares Yield Optimized Bond ETF ranks in the 25th percentile within its peer group and in the 26th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

BYLD Charts And Performance

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Total Return Chart (%)
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PERFORMANCE [as of 08/07/20] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
BYLD 1.66% 4.83% 3.36% 5.87% 5.07% 4.67% --
BYLD (NAV) 1.69% 4.66% 3.31% 5.80% 5.03% 4.65% --
Bloomberg Barclays U.S. Universal Index 1.49% 3.83% 7.22% 8.25% 5.57% 4.71% 4.15%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

BYLD Summary Data

Blackrock
iShares
04/22/14
Open-Ended Fund
0.20%
$200.40M
$1.07M
0.17%

BYLD Portfolio Data

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09/01/20
10

BYLD Index Data

Technical
Multi-Factor
Bloomberg Barclays U.S. Universal Index

BYLD Portfolio Management

0.20%
0.08%
0.09%
0.07%

BYLD Tax Exposures

20.00% / 39.60%
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Ordinary income
No

BYLD Fund Structure

Open-Ended Fund
No
Yes
80% / 20%
N/A
N/A
Low
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

BYLD Factset Analytics Block Liquidity

As of 08/10/20
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of BYLD. BYLD is rated a 4 out of 5.

BYLD Tradability

41,704
$1.07M
30,142
$773.80K
0.17%
$0.04
0.08%
0.58% / -0.58%
None
0.00%
50,000
0.60
0.01%
0.41%
0
$26.00
4

BYLD Top 10 Holdings

29.18%
20.57%
16.13%
10.53%
9.42%
8.90%
4.73%
0.51%
0.03%
0.00%
100%

BYLD Performance Statistics

0.29
1.20
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BYLD MSCI ESG Ratings

4.54 / 10
26.02
25.15
3.10%
1.27%
251.04

BYLD Holdings Statistics


BYLD
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N/A

BYLD Maturity Distribution


BYLD
Segment Benchmark
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BYLD Credit Breakdown


BYLD
Segment Benchmark
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