HYGV

FlexShares High Yield Value-Scored Bond Index Fund
*Unless otherwise stated, data provided by FactSet.

HYGV Fund Description

HYGV tracks a proprietary index of US-dollar-denominated high-yield corporate bonds selected based on value and liquidity.

HYGV Factset Analytics Insight

HYGV provides a unique approach to high-yield bonds. Most fixed income ETFs are market-value weighted. Like some of its FlexShares siblings, HYGV’s holdings are optimized based on their exposure to quantitative factors such as value, credit, and liquidity. The primary objective is to maximize exposure to the value factor relative to the eligible universe. Optimization also includes several constraints on exposure to specific security, issuer, sector, credit, and liquidity factors. For example, the securities that fall in the bottom 5% of each sector in terms of liquidity are removed from the portfolio. Securities from issuers that fall in the lowest decile for credit score are also removed. HYGV’s portfolio is weighted to match the effective duration of the parent index, and is reconstituted monthly. The fund’s expense ratio is low in light of its complex methodology.

HYGV MSCI ESG Analytics Insight

FlexShares High Yield Value-Scored Bond Index Fund has an MSCI ESG Fund Rating of BB based on a score of 3.21 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. FlexShares High Yield Value-Scored Bond Index Fund ranks in the 11st percentile within its peer group and in the 69th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

HYGV Charts And Performance

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
Compare
Reset
Select ETFs to compare their performance:
PERFORMANCE [as of 07/10/20] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
HYGV -1.80% 4.92% -3.87% -0.03% -- -- --
ticker (NAV) -1.79% 9.52% -4.04% -0.04% -- -- --
Bloomberg Barclays US Corporate High Yield Index -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

HYGV Summary Data

FlexShares
07/17/18
Open-Ended Fund
0.37%
$169.40M
$847.25K
0.19%

HYGV Portfolio Data

3.13
--
6.86%
08/03/20
629

HYGV Index Data

Northern Trust High Yield Value-Scored U.S. Corporate Bond Index
Fundamental
Fundamental
Bloomberg Barclays US Corporate High Yield Index

HYGV Portfolio Management

0.37%
--
--
--

HYGV Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

HYGV Fund Structure

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

HYGV Factset Analytics Block Liquidity

As of 07/13/20
5
4
3
2
1

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

HYGV Tradability

19,056
$847.25K
12,146
$557.55K
0.19%
$0.09
0.17%
4.63% / -2.97%
None
100.00%
50,000
0.24
0.02%
--
0
$45.13
N/A

HYGV Sector/Industry Breakdown


HYGV
Segment Benchmark
73.16%
--
23.20%
--
1.80%
--
1.12%
--
0.52%
--
0.20%
--

HYGV Top 10 Holdings[View All]

1.26%
0.93%
0.78%
0.77%
0.75%
0.73%
0.72%
0.69%
0.68%
0.66%
7.97%

HYGV Top 5 Countries


HYGV
Segment Benchmark
82.32%
--
6.41%
--
3.18%
--
2.75%
--
1.89%
--

HYGV Top 5 Currencies


HYGV
Segment Benchmark
100.00%
--

HYGV Performance Statistics

--
--
--
--
--

HYGV MSCI ESG Ratings

3.21 / 10
69.39
10.94
3.86%
2.43%
230.77

HYGV Holdings Statistics

5.54 years
3.13
6.86%
3.19
Low
629
7.99%

HYGV Avg Life Maturity Distribution

9.02%
12.19%
16.65%
33.62%
19.71%
6.03%
2.00%
0.17%
0.62%

HYGV OAS Breakdown

3.09%
17.03%
23.68%
15.59%
8.26%
9.86%
5.08%
4.37%
3.77%
2.47%
6.79%