What is HYG?

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

PERFORMANCE [as of 01/20/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
HYG 2.89% 7.50% 3.45% -6.22% -0.22% 2.15% 3.07%
HYG (NAV) 2.61% 6.96% 3.61% -5.70% 2.20% 2.64% 4.36%
iBoxx $ Liquid High Yield Index 2.67% 7.18% 3.64% -6.24% 0.20% 2.60% 3.58%
Bloomberg US Corporate High Yield Index 2.73% 7.16% 3.52% -6.91% 0.97% 2.89% 4.23%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

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 tends to 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.

HYG Summary Data

Blackrock
04/04/07
0.48%
$18.60B
Bloomberg US Corporate High Yield Index
Open-Ended Fund

Peers

Bloomberg US Corporate High Yield Index

Fund Flows

-$0.08B 5 Days
+$1.09B 30 Days
+$6.38B 90 Days

HYG Portfolio Data

3.82
--
8.25%
02/01/23
--

HYG Index Data

Market Value
Market Value
Bloomberg US Corporate High Yield Index

HYG Portfolio Management

0.48%
-0.51%
-0.34%
-0.68%

HYG Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

HYG Fund Structure

Open-Ended Fund
No
Yes
-- / --
N/A
N/A
Low
Daily

Factset Analytics Block Liquidity

As of 01/23/23

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

30,374,796
$2.28B
29,623,612
$2.24B
0.01%
$0.01
0.14%
1.18% / -1.66%
None
100.00%
100,000
296.24
0.01%
--
7,662,633
$75.85
5

HYG Sector/Industry Breakdown

HYG Segment
Benchmark
30.90% --
12.81% --
5.15% --
4.98% --
4.50% --
4.20% --
3.88% --
3.66% --
3.36% --
3.31% --

HYG Top 10 Holdings

0.47%
0.47%
0.42%
0.38%
0.37%
0.37%
0.37%
0.34%
0.33%
0.32%
3.85%

HYG Performance Statistics

0.96
1.20
--
--
--

HYG Top 5 Countries

HYG Segment
Benchmark
82.41% --
4.92% --
2.12% --
1.92% --
1.62% --

HYG Top 5 Currencies

HYG Segment
Benchmark
82.41% --
4.92% --
2.12% --
1.92% --
1.62% --

HYG Avg Life Maturity Distribution

2.23%
6.43%
11.45%
25.88%
31.32%
20.82%
0.88%
0.05%
0.95%

HYG OAS Breakdown

2.02%
8.63%
32.01%
25.66%
10.92%
6.67%
4.61%
2.63%
2.13%
0.94%
3.77%

HYG Holdings Statistics

5.47 years
3.82
8.25%
3.92
--
--
4.11%

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