Northern Trust High Yield Value-Scored Bond ETF
$39.35−0.28 (−0.71%)
- Expense ratio
- 0.38%
- Fund size
- $1.1B
- 1Y return
- +3.3%
- Yield · Last 12 months
- 7.46%
- Holdings
- 998
- Volume · 30D
- 0.1M sh
- NAV per share
- $39.66
- 52W range
The ETF.net HYGV Grade
Score 75 of 100 sits in the A 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.BScore 66Category 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 50Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 83Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 69Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 73Category rank
Our read on HYGV
AMost junk-bond ETFs own whatever the market issues most of. HYGV scores every bond on value and quality first, then decides what gets weight, so cheap credit with a workable balance sheet gets the room.
The Fund seeks to track, before fees and expenses, the price and yield performance of the Northern Trust High Yield Value-Scored US Corporate Bond Index.
Why people hold it
- Every bond earns a value-and-quality score before it earns weight, tilting the portfolio toward cheap credit that still has the fundamentals behind it.flexshares.com
- Running since 2018, holding roughly 1,000 bonds and paying monthly. Broad high yield exposure on a regular cadence, not a concentrated bet.
- At 0.38% it comes in under the typical high yield ETF fee while doing more work than a straight cap-weighted index.flexshares.com
- It has hugged its Northern Trust index closely, one of the tighter implementations in the high yield ETF crowd.
Worth knowing
- The screen has a price tag. SCYB (0.03%), SPHY (0.05%) and USHY (0.08%) hand you plain high yield beta for a sliver of 0.38%.
- Scoring for value does not erase credit risk. This is still below-investment-grade corporate debt, and it reprices when spreads widen.
- Volume is moderate rather than the wall-to-wall flow of the biggest high yield funds, so limit orders matter more here.
HYGV Holdings
- Bonds
- 998
- 9%
- CASH
Sectors
- Energy100.0%
Geography
- United States85.49%
- Canada4.54%
- United Kingdom2.49%
- Luxembourg1.48%
- Japan1.19%
- Bermuda0.94%
- Australia0.90%
- Ireland0.57%
- 2.41%
HYGV Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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 | HYGV |
|---|---|
| Year to date | +2.2% |
| 1 month | −0.7% |
| 3 months | +0.4% |
| 1 year | +3.3% |
| 3 years | +7.9% |
| 5 years | +3.2% |
| 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 | HYGV |
|---|---|---|
| 2026 YTD | +2.2% | |
| 2025 | +7.9% | |
| 2024 | +8.0% | |
| 2023 | +12.1% | |
| 2022 | −12.6% | |
| 2021 | +5.9% | |
| 2020 | +8.0% |
HYGV in the news
ETF.net Research hasn’t filed on HYGV yet — coverage lands here as it’s written.
HYGV Dividends
- 7.46%
- $2.96
- $0.24 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 8, 2026 | $0.24 |
| Aug 3, 2026 | Aug 7, 2026 | $0.26 |
| Jul 1, 2026 | Jul 8, 2026 | $0.24 |
| Jun 1, 2026 | Jun 5, 2026 | $0.26 |
| May 1, 2026 | May 7, 2026 | $0.25 |
| Apr 1, 2026 | Apr 7, 2026 | $0.25 |
| Mar 2, 2026 | Mar 6, 2026 | $0.23 |
| Feb 2, 2026 | Feb 6, 2026 | $0.24 |
| Dec 19, 2025 | Dec 26, 2025 | $0.20 |
| Dec 1, 2025 | Dec 5, 2025 | $0.30 |
| Nov 3, 2025 | Nov 7, 2025 | $0.24 |
| Oct 1, 2025 | Oct 7, 2025 | $0.24 |
HYGV 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.
- 0.70
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.
- −17.1%
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.
- 0.61
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
HYGV Cost
- The middle half of US High Yield funds
- Median 0.43%
27 of the 84 US High Yield funds charge less.