Junk Bond ETF Overview

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 69 ETFs traded on the U.S. markets, Junk Bond ETFs have total assets under management of $102.81B. The average expense ratio is 0.46%. 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 $19.24B in assets. In the last trailing year, the best-performing Junk Bond ETF was ANGL at 12.91%. The most recent ETF launched in the Junk Bond space was the FlexShares ESG & Climate High Yield Corporate Core Index Fund FEHY on 09/21/21.

Top ETF Performers

FLBL Franklin Liberty Senior Loan ETF 0.42%
HYHG ProShares High Yield-Interest Rate Hedged ETF 0.41%
HYGH iShares Interest Rate Hedged High Yield Bond ETF 0.29%
FLRT Pacific Global Senior Loan ETF 0.28%
SEIX Virtus Seix Senior Loan ETF 0.16%

Bottom ETF Performers

KHYB KraneShares Asia Pacific High Yield Bond ETF -6.80%
EMHY iShares J.P. Morgan EM High Yield Bond ETF -2.57%
IHY VanEck International High Yield Bond ETF -1.87%
HYMU BlackRock High Yield Muni Income Bond ETF -1.84%
HYXU iShares International High Yield Bond ETF -1.70%

Top Creations

SRLN SPDR Blackstone Senior Loan ETF 397.07
BKLN Invesco Senior Loan ETF 272.69
FALN iShares Fallen Angels USD Bond ETF 226.63
USHY iShares Broad USD High Yield Corporate Bond ETF 195.27
HYLB Xtrackers USD High Yield Corporate Bond ETF 188.81

Top Redemptions

HYG iShares iBoxx USD High Yield Corporate Bond ETF -552.17
JNK SPDR Bloomberg Barclays High Yield Bond ETF -415.70
HYD VanEck High Yield Muni ETF -103.86
FLHY Franklin Liberty High Yield Corporate ETF -29.29
GHYB Goldman Sachs Access High Yield Corporate Bond ETF -20.12

AUM Winners

KHYB KraneShares Asia Pacific High Yield Bond ETF 35.75%
SEIX Virtus Seix Senior Loan ETF 28.29%
HYDW Xtrackers Low Beta High Yield Bond ETF 19.14%
FLRT Pacific Global Senior Loan ETF 15.31%
BSJQ Invesco BulletShares 2026 High Yield Corporate Bond ETF 9.80%

AUM Losers

HYBB iShares BB Rated Corporate Bond ETF -25.92%
PHYL PGIM Active High Yield Bond ETF -23.41%
GHYB Goldman Sachs Access High Yield Corporate Bond ETF -9.47%
HYD VanEck High Yield Muni ETF -8.95%
GHYG iShares U.S. & Intl High Yield Corp Bond ETF -8.72%

ETF.com Analysis

Overlooked High Yield ETFs Gain Traction

Investors turn to under-the-radar ETF choices in the junk bond space.

ETF.com Analysis

Warm Up To Climate Change Investing

Climate risk isn't being adequately priced into many ETFs, but there are signs the tides are turning.

Daily ETF Watch

Nuveen Debuts Active, ESG ETFs

The issuer launched an active growth fund and an ESG fund with a dividend focus, in addition to cutting expense ratios on nine of its ETFs.

Daily ETF Watch

Hartford Funds Adds Sustainable Bond ETF

The issuer rolled out an actively managed bond ETF that comes with ESG screens.

Daily ETF Watch

Northern Trust Adds 4 ESG ETFs

The new family implements a rigorous in-house methodology to address ESG concerns and climate-related risks. 

Daily ETF Watch

ETF Odds & Ends: A Raft Of Closures

Plus, a new round of Invesco BulletShares ETFs debut.

Daily ETF Watch

Harbor Debuts With 2 Bond ETFs

Harbor Capital Advisors has entered the ETF market with two actively managed fixed income ETFs.

Features and News

Delta Variant’s Impact On ETFs

The spread of the delta variant could be bad news for some ETFs while being a boon for others.

ETF Report

ETF Explainer: WFH

Examining the twists and turns of a popular thematic ETF.