HYGHiShares Interest Rate Hedged High Yield Bond ETF

Get income12y track recordRanked #549 of 1,622 in this goal

Seeks to track the investment results of an index designed to mitigate the interest rate risk of a portfolio of high yield bonds.

By iShares · Launched 2014

Annual Cost

0.52%

#2,719 of 5,562 · average

Fund Size

$529M

#1,528 of 5,562 · large

Dividend YieldGoal

6.65%

Track Record

12 years

#1,188 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$10,701+7.0%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Index tracking

Index tracked

BlackRock Interest Rate Hedged High Yield Bond Index

What it actually holds

By weight

Concentration

Top 10 holdings = 144.4% of fundconcentrated

iShares iBoxx $ High Yield Corporate Bond ETF

95.0%

BlackRock Funds III

45.2%

BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARES

3.4%

Chicago Mercantile Exchange

0.3%

Chicago Mercantile Exchange

0.1%

Chicago Mercantile Exchange

0.1%

Chicago Mercantile Exchange

0.1%

LCH Ltd.

0.1%

LCH Ltd.

0.1%

LCH Ltd.

0.0%

Asset allocation

Cash

99.7%

Bonds

93.7%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

3.6%Low

Year-on-year price swings

Max drawdown

-23.9%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

1.07Strong risk-adjusted returns

Sortino (3Y)

1.44Good downside protection

Bond profile

Credit ratings

0.7%

BBB

0.7%

57.5%

31.6%

Below B

9.2%

Other

0.3%

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to track the investment results of an index designed to mitigate the interest rate risk of a portfolio of high yield bonds.
Strategy: Invests primarily in U.S. dollar-denominated high yield corporate bonds through the BlackRock Interest Rate Hedged High Yield Bond Index, using interest rate swaps to hedge interest rate risk.
Inception date: May 27, 2014
Fund family: iShares