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 94 ETFs traded on the U.S. markets, Junk Bond ETFs have total assets under management of $71.36B. The average expense ratio is 0.45%. 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 $12.82B in assets. In the last trailing year, the best-performing Junk Bond ETF was SJB at 3.67%. The most recent ETF launched in the Junk Bond space was the Putnam ESG High Yield ETF PHYD on 01/19/23.