HYGH:ARCA-iShares Interest Rate Hedged High Yield Bond (USD)

ETF | High Yield Bond | NYSE Arca

Last Closing

USD 85.8712

Change

-0.11 (-0.12)%

Market Cap

USD 0.06B

Volume

0.05M

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The investment seeks to mitigate the interest rate risk of a portfolio composed of U.S. Dollar-denominated, high yield corporate bonds. The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets in U.S. dollar-denominated high yield bonds, in one or more underlying funds that principally invest in high yield bonds, and in U.S. Treasury securities (or cash equivalents). It may also invest in other interest rate futures contracts, including but not limited to, Eurodollar and Federal Funds futures.

Inception Date: 27/05/2014

Primary Benchmark: Markit iBoxx USD LQ HY IR Hedged TR

Primary Index: BBgBarc US Agg Bond TR USD

Gross Expense Ratio: 0.65%

Management Expense Ratio: 0.05 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-12-23 )

Largest Industry Peers for High Yield Bond

Symbol Name Mer Price(Change) Market Cap
SHYG iShares 0-5 Year High Yield Co.. 0.30 %

-0.09 (-0.21%)

USD 6.16B
SJNK SPDR® Bloomberg Short Term Hi.. 0.40 %

-0.04 (-0.16%)

USD 4.72B
HYLB Xtrackers USD High Yield Corpo.. 0.20 %

-0.31 (-0.85%)

USD 3.40B
HYGV FlexShares® High Yield Value-.. 0.37 %

-0.11 (-0.27%)

USD 1.43B
HYS PIMCO 0-5 Year High Yield Corp.. 0.56 %

-0.20 (-0.21%)

USD 1.32B
FDHY Fidelity® High Yield Factor E.. 0.45 %

-0.07 (-0.14%)

USD 0.36B
HYDW Xtrackers Low Beta High Yield .. 0.25 %

-0.29 (-0.63%)

USD 0.31B
PHYL PGIM Active High Yield Bond ET.. 0.00 %

-0.01 (-0.03%)

USD 0.20B
GHYB Goldman Sachs Access High Yiel.. 0.34 %

-0.08 (-0.17%)

USD 0.14B
SHYL Xtrackers Short Duration High .. 0.20 %

-0.36 (-0.80%)

USD 0.13B

ETFs Containing HYGH

N/A

Market Performance

  Market Performance vs. Industry/Classification (High Yield Bond) Market Performance vs. Exchange (NYSE Arca)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 2.17% 100% F 47% F
Dividend Return 7.41% 94% A 84% B
Total Return 9.58% 100% F 53% F
Trailing 12 Months  
Capital Gain 2.18% 100% F 46% F
Dividend Return 7.42% 82% B 83% B
Total Return 9.59% 100% F 54% F
Trailing 5 Years  
Capital Gain -4.02% 100% F 44% F
Dividend Return 28.66% 82% B 80% B-
Total Return 24.64% 100% F 52% F
Average Annual (5 Year Horizon)  
Capital Gain 0.79% 94% A 35% F
Dividend Return 5.25% 94% A 44% F
Total Return 4.46% 71% C- 79% B-
Risk Return Profile  
Volatility (Standard Deviation) 7.16% 88% B+ 86% B+
Risk Adjusted Return 73.27% 100% F 84% B
Market Capitalization 0.06B 62% D 45% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

High dividend returns

The stock has outperformed its sector peers on average annual dividend returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile. This can be a good buy, especially if it is outperforming on total return basis , for investors seeking high income yields.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

What to not like:

There is nothing we particularly dislike