iShares High Yield Active ETF
$49.30−0.12 (−0.24%)
- 0.45%
- $133M
- +3.3%
- 7.80%
- 0M sh
- $49.32
- low $48.86high $53.16
The ETF.net BRHY Grade
B
Score 56 out of 100
- 46 of 85
Score 56 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.C45 out of 100Rank 45 of 85Mission
Whether the fund did what it promised, tested against its stated mandate.A92 out of 100Rank 36 of 74Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C45 out of 100Rank 57 of 85Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D33 out of 100Rank 68 of 85Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C50 out of 100Rank 53 of 85Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B58 out of 100Rank 36 of 85
Our read on BRHY
BActive management in a corner of the market run by ultra-cheap index trackers. BlackRock's team picks the junk bonds, sticks mostly to maturities of ten years or less, and pays income monthly.
The fund seeks to maximize total return while generating income through prudent investment management. It primarily invests in non-investment-grade bonds with maturities of ten years or less and normally commits at least 80% of net assets to high-yield investments or economically similar instruments.
Why people hold it
- A real active mandate, not index-hugging: at least 80% of net assets in high-yield debt, aimed at total return plus income, with a tilt toward bonds maturing within ten years.ishares.com
- Spreads its bets across roughly 900 bonds, so no single stumbling issuer dominates the outcome. Income is paid monthly.
- Measured against the Bloomberg U.S. Corporate High Yield 2% Issuer Capped Index, so there is a clear public yardstick for what the managers are actually adding.ishares.com
- Runs true to the mandate it prints in its prospectus, and lands in the upper half of a crowded high-yield ETF field on our review.
Worth knowing
- You pay for the stock-picking: 0.45% a year, above the high-yield cohort median of 0.40% and many times what index rivals like SCYB (0.03%), SPHY (0.05%) and USHY (0.08%) charge.
- Thinly traded compared with the giants of the category, which can mean wider bid-ask spreads on the way in and out.
- Launched in 2024, so the track record is short and there is limited history for judging how the managers handle a full credit cycle.
BRHY Holdings
- Bonds
- 894
- 14%
- Ishares Broad USD High Yield Corpo
Sectors
- Energy38.8%
- Materials17.8%
- Health Care14.0%
- Communication12.3%
- Technology11.2%
- Real Estate3.5%
- Utilities2.5%
Geography
- United States83.73%
- Canada4.71%
- Japan2.03%
- United Kingdom1.94%
- France1.60%
- Luxembourg1.11%
- Switzerland0.90%
- Cayman Islands0.82%
- 3.16%
BRHY Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.
BRHY$10,335
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | BRHY |
|---|---|
| Year to date | +0.7% |
| 1 month | −1.5% |
| 3 months | −1.7% |
| 1 year | +3.3% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | BRHY |
|---|---|---|
| 2026 YTD | +0.7% | |
| 2025 | +9.7% | |
| 2024 | +5.9% |
BRHY in the news
BRHY Dividends
- 7.80%
- $3.85
- $0.26 per share
- Monthly
Distribution history
BRHY Risk
- 3.9%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.56
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −4.4%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.23
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
BRHY Cost
0.45%
BRHY0.45%
- The middle half of US High Yield funds
- Median 0.43%
44 of the 85 US High Yield funds charge less.
Other funds in US High Yield
- BSIHYHarbor Ares Systematic High Yield ETF (SIHY)Expense ratio 0.48%1 year return +4.0%
- BXCCCBondBloxx CCC Rated USD High Yield Corporate Bond ETFExpense ratio 0.40%1 year return −2.7%
- BVSHYVirtus Newfleet Short Duration High Yield Bond ETFExpense ratio 0.39%1 year return +4.1%
- BHYLSFirst Trust Tactical High Yield ETFExpense ratio 0.69%1 year return +1.6%
- CIQHINYLI MacKay High Income ETFExpense ratio 0.40%1 year return +2.7%