iShares iBoxx $ High Yield Corporate Bond ETF
$78.17−0.51 (−0.64%)
- Expense ratio
- 0.49%
- Fund size
- $15.5B
- 1Y return
- +2.6%
- Yield · Last 12 months
- 6.02%
- Holdings
- 1336
- Volume · 30D
- 33.4M sh
- NAV per share
- $78.57
- 52W range
The ETF.net HYG Grade
Score 68 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.DScore 36Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 100Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 53Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 75Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 93Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 95Category rank
Our read on HYG
BA 2007-vintage junk bond ETF built around liquidity: a multi-billion-dollar fund, heavily traded, tracking an index screened for the market's more tradable bonds. The trade-off is a fee well above the category's cheapest.
The fund seeks to track an index of U.S. dollar-denominated high-yield corporate bonds.
Why people hold it
- Running since 2007 and now a multi-billion-dollar fund that trades very actively, so thin days and wide spreads are rarely the sticking point.
- Follows the Markit iBoxx USD Liquid High Yield Index, which leans on larger, more tradable bonds instead of every scrap of paper in the junk market.ishares.com
- Income arrives monthly, and the mandate stays plain: a standard 1940 Act fund holding US dollar-denominated high-yield corporate bonds, index-tracked.
- Sticks closely to what its documents promise, and rates among the stronger implementations in a crowded high-yield field.
Worth knowing
- The 0.49% fee sits well above cheaper trackers like SCYB (0.03%) and SPHY (0.05%). You are paying for the trading ecosystem, not for cheaper exposure.
- High yield is below-investment-grade credit. When corporate stress rises, these bonds can move more like stocks than like Treasuries.
- The liquidity screen leaves out smaller issues, so coverage is narrower than broad-market rivals such as USHY.
HYG Holdings
- Bonds
- 1,336
- 4%
- BLK CSH FND TREASURY SL AGENCY
Sectors
- Utilities99.6%
- Real Estate0.4%
Geography
- United States86.53%
- Canada3.72%
- United Kingdom2.04%
- Luxembourg1.12%
- France1.04%
- Japan0.97%
- Cayman Islands0.79%
- Netherlands0.72%
- 3.06%
HYG Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
HYG$10,263
Returns run to the Sep 22, 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 | HYG |
|---|---|
| Year to date | +1.5% |
| 1 month | −0.6% |
| 3 months | −0.1% |
| 1 year | +2.6% |
| 3 years | +8.3% |
| 5 years | +3.4% |
| 10 years | +4.4% |
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 | HYG |
|---|---|---|
| 2026 YTD | +1.5% | |
| 2025 | +8.6% | |
| 2024 | +8.0% | |
| 2023 | +11.5% | |
| 2022 | −11.0% | |
| 2021 | +3.7% | |
| 2020 | +4.5% |
HYG in the news
HYG Dividends
- 6.02%
- $4.74
- $0.44 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 4, 2026 | $0.44 |
| Aug 3, 2026 | Aug 6, 2026 | $0.38 |
| Jul 1, 2026 | Jul 7, 2026 | $0.37 |
| Jun 1, 2026 | Jun 4, 2026 | $0.41 |
| May 1, 2026 | May 6, 2026 | $0.42 |
| Apr 1, 2026 | Apr 7, 2026 | $0.38 |
| Mar 2, 2026 | Mar 5, 2026 | $0.39 |
| Feb 2, 2026 | Feb 5, 2026 | $0.40 |
| Dec 19, 2025 | Dec 24, 2025 | $0.38 |
| Dec 1, 2025 | Dec 4, 2025 | $0.37 |
| Nov 3, 2025 | Nov 6, 2025 | $0.41 |
| Oct 1, 2025 | Oct 6, 2025 | $0.38 |
HYG Risk
- 4.6%
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.
- 0.76
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.
- −15.8%
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.
- 0.67
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
HYG Cost
0.49%
HYG0.49%
- The middle half of US High Yield funds
- Median 0.43%
50 of the 84 US High Yield funds charge less.