High-yield ETFs or junk bond ETFs provide exposure to the debt of American companies rated below BBB. High-yield ETFs are risky investments that need to offer attractive returns to compensate for their risk.
High Yield ETFs are part of the following market segments:
With 64 ETFs traded in the U.S. markets, Junk Bond ETFs gather total assets under management of $60.70B. The average expense ratio is 0.48%. Junk Bond ETFs can be found in the following asset classes:
- Fixed Income
The largest Junk Bond ETF is the iShares iBoxx USD High Yield Corporate Bond ETF HYG with $17.19B in assets. In the last trailing year, the best performing Junk Bond ETF was the UJB at 13.23%. The most-recent ETF launched in the Junk Bond space was the PGIM Active High Yield Bond ETF PHYL in 09/24/18.