HYLV
IQ S&P High Yield Low Volatility Bond ETFHYLV Fund Description
HYLV tracks an index of USD-denominated high-yield bonds. Securities are selected for low credit spread sensitivity.
HYLV Factset Analytics Insight
HYLV offers exposure to the USD high-yield bond space with reduced credit risk. HYLV’s underlying index constructs a portfolio of high-yield securities with lower credit spread sensitivity. It first calculates the marginal risk contribution of each security—that is, the security’s option adjusted spread, relative to the universe average, multiplied by its spread duration—then ranks from least risky to most risky. It selects the least-risky half of the eligible universe and weights the portfolio by market value, subject to a 3% issuer cap. The resulting exposure is dominated by higher quality bonds, and consequently produces less yield than our benchmark. The market for HYLV is thin, so careful limit orders are a necessity. Reach out to market makers for large orders, as the underlying high-yield market is illiquid.
HYLV MSCI ESG Analytics Insight
IQ S&P High Yield Low Volatility Bond ETF has an MSCI ESG Fund Rating of BB based on a score of 3.35 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. IQ S&P High Yield Low Volatility Bond ETF ranks in the 11st percentile within its peer group and in the 6th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
HYLV CHARTS AND PERFORMANCE
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HYLV Top 10 Countries
HYLV Top 10 Sectors
HYLV Top 10 Holdings [View All]
HYLV Summary Data
HYLV Portfolio Data
HYLV Index Data
HYLV Portfolio Management
HYLV Tax Exposures
HYLV Fund Structure
HYLV Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of HYLV. HYLV is rated a N/A out of 5.
HYLV Tradability
HYLV Sector/Industry Breakdown
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HYLV Top 10 Holdings[View All]
HYLV Top 5 Countries
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HYLV Top 5 Currencies
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HYLV Performance Statistics
HYLV MSCI ESG Ratings
HYLV HOLDINGS STATISTICS
HYLV AVG LIFE MATURITY DISTRIBUTION
HYLV OAS BREAKDOWN
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MSCI ESG Research LLC’s ("MSCI ESG") Fund Metrics products (the "Information") provide environmental, social and governance data with respect to underlying securities within more than 24,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted to, nor received approval from, the US SEC or any other regulatory body. None of the Information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided "as is" and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information.