Northern Trust High Yield Value-Scored Bond ETF
$38.66−0.10 (−0.25%)
- 0.38%
- $1.0B
- +3.0%
- 7.66%
- 0.1M sh
- $38.66
- low $38.35high $41.18
The ETF.net HYGV Grade
A
Score 74 out of 100
- 16 of 85
Score 74 of 100 falls in the A 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.B66 out of 100Rank 29 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.C42 out of 100Rank 69 of 85Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A79 out of 100Rank 9 of 85Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A77 out of 100Rank 22 of 85Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A73 out of 100Rank 20 of 85
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
- 975
- 8%
- Cash
Sectors
- Energy100.0%
Geography
- United States84.60%
- Canada4.58%
- United Kingdom2.33%
- Australia1.42%
- Luxembourg1.39%
- Japan1.11%
- Bermuda1.09%
- France0.62%
- 2.85%
HYGV 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.
HYGV$10,303
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 | HYGV |
|---|---|
| Year to date | +0.5% |
| 1 month | −1.5% |
| 3 months | −1.5% |
| 1 year | +3.0% |
| 3 years | +7.8% |
| 5 years | +3.1% |
| 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 | +0.5% | |
| 2025 | +7.9% | |
| 2024 | +8.0% | |
| 2023 | +12.1% | |
| 2022 | −12.6% | |
| 2021 | +5.9% | |
| 2020 | +8.0% |
HYGV in the news
HYGV Dividends
- 7.66%
- $2.97
- $0.26 per share
- Monthly
Distribution history
HYGV Risk
- 4.9%
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.
- −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
0.38%
HYGV0.38%
- The middle half of US High Yield funds
- Median 0.43%
28 of the 85 US High Yield funds charge less.
Other funds in US High Yield
- ASJNKState Street SPDR Bloomberg Short Term High Yield Bond ETFExpense ratio 0.40%1 year return +3.1%
- AJNKState Street SPDR Bloomberg High Yield Bond ETFExpense ratio 0.40%1 year return +3.0%
- AHYDWXtrackers Low Beta High Yield Bond ETFExpense ratio 0.20%1 year return +3.3%
- AANGLVanEck Fallen Angel High Yield Bond ETFExpense ratio 0.25%1 year return +1.2%
- AFLHYFranklin High Yield Corporate ETFExpense ratio 0.40%1 year return +3.6%