iShares iBoxx $ High Yield Corporate Bond ETF
$76.97+0.09 (+0.11%)
- 0.49%
- $17.7B
- +1.5%
- 6.63%
- 42.1M sh
- low $76.39high $81.24
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.D35 out of 100Rank 53 of 85Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 77Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B60 out of 100Rank 20 of 85Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A72 out of 100Rank 14 of 85Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A95 out of 100Rank 4 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
In short
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.
Stated mandate
The fund seeks to track an index of U.S. dollar-denominated high-yield corporate bonds.
Why people hold it
Worth knowing
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$10,145
Returns run to the Nov 2, 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 | +0.5% |
| 3 months | −1.3% |
| 1 year | +1.5% |
| 3 years | +7.6% |
| 5 years | +3.3% |
| 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 | +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
- 6.63%
- $5.10
- $0.40 per share
- Monthly
HYG Risk
- 4.7%
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.
- 0.81
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.
FMP measures it over up to five years of monthly returns.
HYG Cost
Overpaying vs SCYB, cheapest in US High Yield
$9,154
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
HYG 0.49%
$9,792
SCYB 0.03% Cheapest
$638
Cost over time
Year by year
| Year | HYG | SCYB | Overpaying |
|---|---|---|---|
| 10 | $883 | $55 | $828 |
| 20 | $3,394 | $216 | $3,178 |
| 30 | $9,792 | $638 | $9,154 |
Other funds in US High Yield
- AQHYWisdomTree U.S. High Yield Corporate Bond FundExpense ratio 0.38%1 year return +2.2%
- BFALNiShares Fallen Angels USD Bond ETFExpense ratio 0.25%1 year return +0.4%
- BHYXFiShares ESG Advanced High Yield Corporate Bond ETFExpense ratio 0.35%1 year return +1.3%
- BCHYGCorgi 0-5 Year High Yield Corporate Bond ETFExpense ratio 0.15%1 year return
- BPHYLPGIM Active High Yield Bond ETFExpense ratio 0.39%1 year return +1.4%
