NYLI MacKay High Income ETF
$25.00−0.03 (−0.12%)
- 0.41%
- $109M
- +2.3%
- 8.22%
- 5.95K sh
- low $25.00high $27.40
The ETF.net IQHI Grade
C
Score 49 out of 100
- 58 of 85
Score 49 of 100 falls in the C 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.C51 out of 100Rank 42 of 85Mission
Whether the fund did what it promised, tested against its stated mandate.C49 out of 100Rank 66 of 77Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B62 out of 100Rank 15 of 85Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D32 out of 100Rank 67 of 85Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B65 out of 100Rank 32 of 85Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D32 out of 100Rank 70 of 85
Our read on IQHI
In short
CBorn as an ESG high yield fund, IQHI dropped the screen in 2025 and now chases one thing: current income. MacKay Shields' credit team roams junk bonds, loans and convertibles, and the fund pays monthly.
Stated mandate
The Fund seeks to maximize current income.
Why people hold it
Worth knowing
IQHI 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.Not enough history yet.
IQHI$10,232
Returns run to the Oct 30, 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 | IQHI |
|---|---|
| Year to date | +1.1% |
| 1 month | +0.5% |
| 3 months | −0.7% |
| 1 year | +2.3% |
| 3 years | +8.3% |
| 5 years | |
| 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 | IQHI |
|---|---|---|
| 2026 YTD | +1.1% | |
| 2025 | +8.6% | |
| 2024 | +7.0% | |
| 2023 | +12.4% | |
| 2022 | +2.8% |
IQHI in the news
IQHI Dividends
- 8.22%
- $2.06
- $0.14 per share
- Monthly
IQHI Risk
- 4.4%
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.
- 0.84
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.
- −4.2%
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.
- 0.64
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.
IQHI Cost
Overpaying vs SCYB, cheapest in US High Yield
$7,643
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
IQHI 0.41%
$8,281
SCYB 0.03% Cheapest
$638
Cost over time
Year by year
| Year | IQHI | SCYB | Overpaying |
|---|---|---|---|
| 10 | $741 | $55 | $686 |
| 20 | $2,860 | $216 | $2,644 |
| 30 | $8,281 | $638 | $7,643 |
Other funds in US High Yield
- CAOHYAngel Oak High Yield Opportunities ETFExpense ratio 0.55%1 year return +3.0%
- CHYBINEOS Enhanced Income Credit Select ETFExpense ratio 0.68%1 year return +3.3%
- COBNDState Street Loomis Sayles Opportunistic Bond ETFExpense ratio 0.55%1 year return +1.2%
- CHYZDWisdomTree Interest Rate Hedged High Yield Bond FundExpense ratio 0.43%1 year return +5.1%
- CHYTRCounterpoint High Yield Trend ETFExpense ratio 0.88%1 year return +0.8%
