HYGHiShares Interest Rate Hedged High Yield Bond ETF
Tracks the investment results of the BlackRock Interest Rate Hedged High Yield Bond Index.
By iShares · Launched 2014
Annual Cost
0.52%
#2,812 of 5,854 · average
Fund Size
$550M
#1,511 of 5,854 · large
Dividend YieldGoal
6.61%
Track Record
12 years
#1,168 of 5,854 · established
Performance
Total-return NAV · USDGrowth of $10,000
$10,675+6.7%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
Fixed incomeRegion
North americaStrategy
Index tracking
Index tracked
BlackRock Interest Rate Hedged High Yield Bond Index
What it actually holds
By weightConcentration
Top 10 holdings = 144.2% of fundconcentrated
iShares iBoxx USD High Yield Corporate Bond ETF
94.4%
BlackRock Funds III
45.2%
BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARES
3.9%
Chicago Mercantile Exchange
0.2%
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
97.4%
Bonds
93.2%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
3.6%Low
Year-on-year price swings
Max drawdown
-24.3%Moderate
Worst peak-to-trough loss
Sharpe (3Y)
0.96Decent risk-adjusted returns
Sortino (3Y)
1.29Good downside protection
Bond profile
Credit ratings
AA
0.8%
BBB
0.9%
BB
56.7%
B
32.6%
Below B
8.7%
Other
0.3%
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Tracks the investment results of the BlackRock Interest Rate Hedged High Yield Bond Index.
- Strategy
- Invests primarily in U.S. dollar-denominated, high yield corporate bonds while using interest rate swaps to hedge interest rate risk. Employs a representative sampling indexing strategy to achieve investment results similar to the BlackRock Interest Rate Hedged High Yield Bond Index.
- Inception date
- May 27, 2014
- Fund family
- iShares
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Data updated on 2026-08-03