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.