ETFs › HYG

iShares iBoxx $ High Yield Corporate Bond ETF (HYG)

high-yield corporate-bonds fixed-income

Provides investors exposure to a broad spectrum of U.S. dollar-denominated, high-yield corporate bonds. As one of the largest and most liquid vehicles in its category, HYG has become a bellwether for the junk bond market. The fund, managed by BlackRock, aims to track the Markit iBoxx USD Liquid High Yield Index, providing a snapshot of below-investment-grade corporate debt. While HYG offers attractive yields, it comes with higher credit risk, making it sensitive to economic downturns.

Key Info

AUM $14.03B
Expense Ratio 0.48%
Inception Date April 4, 2007
Distribution Frequency Monthly
Weighting Method Market Cap
Number of Holdings 1244
Tracking Index Markit iBoxx USD Liquid High Yield Index

See Also

JNK USHY SHYG

Last updated: October 5, 2024