ducovest

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

ETF | High Yield Bond | NYSE Arca

Last Closing

USD 85.39

Change

+0.01 (+0.01)%

Market Cap

USD 0.06B

Volume

0.02M

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.

Company Website : www.iShares.com

Currency: USD

Country : USA

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 Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-04-24 )

Largest Industry Peers for High Yield Bond

Symbol Name Mer Price(Change) Market Cap
HYG iShares iBoxx $ High Yield Cor.. 0.49 %

N/A

 USD 16.19B
JNK SPDR® Bloomberg High Yield Bo.. 0.40 %

N/A

 USD 8.43B
SHYG iShares 0-5 Year High Yield Co.. 0.30 %

N/A

 USD 5.78B
SJNK SPDR® Bloomberg Short Term Hi.. 0.40 %

N/A

 USD 4.55B
HYLB Xtrackers USD High Yield Corpo.. 0.20 %

N/A

 USD 3.05B
HYGV FlexShares® High Yield Value-.. 0.37 %

N/A

 USD 1.37B
HYS PIMCO 0-5 Year High Yield Corp.. 0.56 %

N/A

 USD 1.28B
PHB Invesco Fundamental High Yield.. 0.50 %

N/A

 USD 0.68B
FDHY Fidelity® High Yield Factor E.. 0.45 %

N/A

 USD 0.30B
HYDW Xtrackers Low Beta High Yield .. 0.25 %

N/A

 USD 0.21B

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 1.59% 100% F 53% F
Dividend Return 2.13% 88% B+ 81% B-
Total Return 3.72% 100% F 59% D-
Trailing 12 Months  
Capital Gain 4.64% 100% F 48% F
Dividend Return 8.60% 100% F 88% B+
Total Return 13.24% 100% F 56% F
Trailing 5 Years  
Capital Gain -5.21% 100% F 41% F
Dividend Return 20.24% 65% D 73% C
Total Return 15.03% 100% F 45% F
Average Annual (5 Year Horizon)  
Capital Gain -0.79% 100% F 37% F
Dividend Return 3.10% 94% A 43% F
Total Return 3.89% 47% F 71% C-
Risk Return Profile  
Volatility (Standard Deviation) 6.75% 71% C- 89% A-
Risk Adjusted Return 45.97% 100% F 71% C-
Market Capitalization 0.06B 47% F 35% 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.

What to not like:
Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.