USHYiShares Broad USD High Yield Corporate Bond ETF

Get income8y track recordRanked #50 of 1,622 in this goal

Seeks to track the investment results of an index of high yield corporate bonds.

By iShares · Launched 2017

Annual Cost

0.08%

#408 of 5,562 · low cost

Fund Size

$26.8B

#113 of 5,562 · large

Dividend YieldGoal

6.88%

Track Record

8 years

#1,636 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$10,672+6.7%

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

ICE BofA US High Yield Constrained Index

What it actually holds

By weight

Concentration

Top 10 holdings = 16.5% of fund✓ well diversified

BlackRock Funds III

13.0%

BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARES

1.1%

1261229 BC LTD

0.5%

ECHOSTAR CORP

0.4%

MEDLINE BORROWER LP

0.3%

QUIKRETE HOLDINGS INC

0.3%

CLOUD SOFTWARE GRP INC

0.3%

CLOUD SOFTWARE GRP INC

0.3%

HUB INTERNATIONAL LTD

0.2%

CCO HLDGS LLC/CAP CORP

0.2%

Asset allocation

Bonds

98.8%

Cash

1.2%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

3.7%Low

Year-on-year price swings

Max drawdown

-22.4%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

0.99Decent risk-adjusted returns

Sortino (3Y)

1.49Good downside protection

Bond profile

Duration

6.7 years

Avg maturity

9.9 years

Credit ratings

BBB

0.6%

55.6%

34.0%

Below B

9.6%

Other

0.2%

Where to buy

Listing

Exchange: Cboe BZX

Full fund details

Objective: Seeks to track the investment results of an index of high yield corporate bonds.
Strategy: Tracks the ICE BofA US High Yield Constrained Index, a rules-based index of U.S. dollar-denominated high yield corporate bonds. The Fund invests primarily in the index's components, aiming for a broad representation of the high yield market. It uses a representative sampling strategy, investing at least 80% of assets in index components and up to 10% in derivatives to help track the index.
Inception date: October 25, 2017
Fund family: iShares