Skip to Content
ETFs

iShares iBoxx $ High Yield Corporate Bond ETF

HYG
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Apr 04 2007
Expense Ratio
0.49%
Type
US Bonds
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$2,298,337,780
AUM
$14,488,650,843
Associated Index
iBoxx $ Liquid High Yield Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

XTSLA
BLK CSH FND TREASURY SL AGENCY
0.73%
n/a
Transdigm Inc 6.25 % Notes 2019-15.03.26 Secd -144A-
0.46%
MZDM5272642
MOZART DEBT MERGER SUB INC 144A
0.43%
DISH5500551
DISH NETWORK CORP 144A
0.41%
SLH5479266
PICARD MIDCO INC 144A
0.40%
CLSR5567746
CLOUD SOFTWARE GROUP INC 144A
0.39%
ERI5004410
CAESARS ENTERTAINMENT INC 144A
0.36%
T5226549
DIRECTV FINANCING LLC 144A
0.36%
CHTR4445834
CCO HOLDINGS LLC 144A
0.33%
TFAB
Teva Pharma Fin 3.15 % Notes 2016-01.10.26 Gtd Global
0.33%
Invest with HYG

What is HYG?

The iShares iBoxx $ High Yield Corporate Bond Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of the iBoxx $ Liquid High Yield Index a corporate bond market index compiled by the International Index Company Limited.

ETFs related toHYG

ETFs correlated to HYG include JNK, HYLB, USHY

HYG
BlackRock Institutional Trust Company N.A. - iShares iBoxx USD High Yield Corporate Bond ETF
JNK
SPDR Series Trust - SPDR Bloomberg High Yield Bond ETF
HYLB
DBX ETF Trust - Xtrackers USD High Yield Corporate Bond ETF
USHY
BlackRock Institutional Trust Company N.A. - iShares Broad USD High Yield Corporate Bond ETF
UJB
ProShares Trust - ProShares Ultra High Yield 2x Shares
HYBB
iShares Trust - iShares BB Rated Corporate Bond ETF
HYDW
DBX ETF Trust - Xtrackers Low Beta High Yield Bond ETF
BBHY
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders USD High Yield Corporate Bond ETF
HYDB
BlackRock Institutional Trust Company N.A. - iShares High Yield Bond Factor ETF
SHYG
BlackRock Institutional Trust Company N.A. - iShares 0-5 Year High Yield Corporate Bond ETF
HYGV
FlexShares Trust - FlexShares High Yield Value Scored Bond Index ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toHYG

#SD

Smarter Dividends

Category

Composer's Picks, Investing for the Long-Term

Risk Rating

Moderate

#PTC

Pick the Trending Commodity

Category

Living With High Inflation, Ride the Momentum

Risk Rating

Moderate

Create your own algorithmic trading strategy with HYG using Composer

FAQ

HYG is a US Bonds ETF. The iShares iBoxx $ High Yield Corporate Bond Fund seeks investment results that correspond generally to the price and yield performance before fees and expenses of the iBoxx $ Liquid High Yield Index a corporate bond market index compiled by the International Index Company Limited.

HYG tracks the iBoxx $ Liquid High Yield Index.

No, HYG is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, HYG is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on HYG is -0.0007%. This is the percent change in the value of HYG over the most recent 1-month period. The 3-month return on HYG is 0.0104%. This is the percent change in the value of HYG over the most recent 3-month period.

The standard deviation of HYG for the past year is 0.0986%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to HYG include IGSB, SPIB, and VCIT.

ETFs correlated to HYG include JNK, HYLB, and USHY.

ETFs that are inversely correlated to HYG include SJB, HIBS, and SPXU.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.