HYG

iShares iBoxx USD High Yield Corporate Bond ETF
*Unless otherwise stated, data provided by FactSet.

HYG Fund Description

HYG tracks a market-weighted index of US high-yield corporate debt.

HYG Factset Analytics Insight

HYG was the first mover in the high-yield corporate bond market. For many years it’s been one of the largest and most liquid junk bond ETFs, along with archrival JNK. Its core exposure through the iBoxx index it tracks is solid, covering the most liquid corner of the junk bond market. HYG replicates much of the overall junk bond market, but often with shorter maturity, less interest-rate sensitivity, and also less yield.HYG charges a higher fee than many peers, but mitigates that somewhat by tracking its index more closely than most. However, direct comparisons are difficult, as HYG’s underlying index factors in transaction costs, while others, following industry convention, do not. In sum, HYG is an anchor tenant in the ETF bond market, and earns our Analyst Pick designation.

HYG MSCI ESG Analytics Insight

iShares iBoxx USD High Yield Corporate Bond ETF has an MSCI ESG Fund Rating of BB based on a score of 2.99 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 iBoxx USD High Yield Corporate Bond ETF ranks in the 8th percentile within its peer group and in the 24th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

HYG Charts And Performance

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Select ETFs to compare their performance:
PERFORMANCE [as of 11/08/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
HYG 1.36% 1.82% 11.83% 7.89% 5.64% 4.15% 6.47%
HYG (NAV) 1.16% 2.11% 11.99% 8.05% 5.80% 4.24% 6.65%
iBoxx $ Liquid High Yield Index -- -- -- -- -- -- 6.65%
Bloomberg Barclays US Corporate High Yield Index -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

HYG Summary Data

Blackrock
iShares
04/04/07
Open-Ended Fund
0.49%
$19.12B
$1.49B
0.01%

HYG Portfolio Data

3.04
--
5.83%
12/02/19
987

HYG Index Data

Market Value
Market Value
Bloomberg Barclays US Corporate High Yield Index

HYG Portfolio Management

0.49%
-0.48%
-0.40%
-0.57%

HYG Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

HYG 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 -

HYG Factset Analytics Block Liquidity

As of 11/11/19
5
4
3
2
1

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

HYG Tradability

17,141,346
$1.49B
14,949,052
$1.30B
0.01%
$0.01
0.22%
0.93% / -0.87%
None
100.00%
100,000
149.49
0.01%
--
4,851,642
$86.78
5

HYG Sector/Industry Breakdown


HYG
Segment Benchmark
77.07%
--
18.69%
--
3.19%
--
0.67%
--
0.38%
--

HYG Top 10 Holdings[View All]

1.09%
0.66%
0.56%
0.52%
0.39%
0.39%
0.39%
0.38%
0.37%
0.36%
5.11%

HYG Top 5 Countries


HYG
Segment Benchmark
82.84%
--
5.47%
--
2.74%
--
2.43%
--
1.92%
--

HYG Top 5 Currencies


HYG
Segment Benchmark
100.00%
--

HYG Performance Statistics

--
--
--
--
--

HYG MSCI ESG Ratings

BB
2.99 / 10
23.55
8.11
7.13%
2.45%
311.94

HYG Holdings Statistics

3.50 years
3.04
5.83%
3.07
Low
987
3.58%

HYG Avg Life Maturity Distribution

16.03%
10.16%
12.91%
29.16%
20.81%
10.10%
0.59%
--
0.24%

HYG OAS Breakdown

5.88%
21.45%
32.01%
14.70%
8.91%
5.35%
3.80%
2.02%
1.36%
1.05%
3.48%

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