iShares iBoxx $ High Yield Corporate Bond ETF
$77.09−0.20 (−0.26%)
- 0.49%
- $17.6B
- +2.5%
- 6.08%
- 38.9M sh
- $77.03
- low $76.39high $81.33
The ETF.net HYG Grade
B
Score 69 out of 100
- 23 of 85
Score 69 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.D36 out of 100Rank 52 of 85Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 74Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B57 out of 100Rank 27 of 85Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A76 out of 100Rank 13 of 85Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A95 out of 100Rank 3 of 85Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A95 out of 100Rank 1 of 85
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
- 1,338
- 4%
- 1261229 Bc Ltd 144A 10.00% 04/15/2032
Sectors
- Consumer Discretionary20.0%
- Communications16.5%
- Energy13.1%
- Capital Goods11.8%
- Health Care8.2%
- Basic Industry6.2%
- Finance Companies5.2%
- Insurance4.7%
- Electric4.3%
- Consumer Non-Cyclical4.2%
- Reits2.1%
- Transportation1.8%
- Brokerage/Asset Managers/Exchanges0.9%
- Real Estate0.4%
- Owned No Guarantee0.3%
- Banking0.2%
Geography
- United States86.67%
- Canada3.35%
- United Kingdom1.86%
- Japan1.26%
- France1.09%
- Luxembourg1.07%
- Cayman Islands0.80%
- Netherlands0.79%
- 3.12%
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$10,253
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 | HYG |
|---|---|
| Year to date | +0.2% |
| 1 month | −1.2% |
| 3 months | −1.6% |
| 1 year | +2.5% |
| 3 years | +8.2% |
| 5 years | +3.4% |
| 10 years | +4.2% |
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 | +0.2% | |
| 2025 | +8.6% | |
| 2024 | +8.0% | |
| 2023 | +11.5% | |
| 2022 | −11.0% | |
| 2021 | +3.7% | |
| 2020 | +4.5% |
HYG in the news
HYG Dividends
- 6.08%
- $4.70
- $0.34 per share
- Monthly
Distribution history
HYG Risk
- 4.8%
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.
- 0.66
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%
51 of the 85 US High Yield funds charge less.
Other funds in US High Yield
- AFALNiShares Fallen Angels USD Bond ETFExpense ratio 0.25%1 year return +1.3%
- AHYXFiShares ESG Advanced High Yield Corporate Bond ETFExpense ratio 0.35%1 year return +2.1%
- BPHYLPGIM Active High Yield Bond ETFExpense ratio 0.39%1 year return +2.4%
- BQHYWisdomTree U.S. High Yield Corporate Bond FundExpense ratio 0.38%1 year return +2.8%
- BXBBondBloxx B Rated USD High Yield Corporate Bond ETFExpense ratio 0.30%1 year return +3.9%