PortfolioMetrics

HYG

- iShares iBoxx $ High Yield Corporate Bond ETF

Key Information

Earliest date2008-01-02
ExchangeNYSE
Instrument TypeETF
MIC CodeARCX
CountryUnited States

ETF Information

Fund ProviderBlackRock
IndexiBoxx USD Liquid High Yield Index
Expense Ratio0.49%
Number Of Holdings1228
Inception Date2007-04-04
Asset ClassBonds
CurrencyUSD
ListingUS-listed
SectorFinancials
Bond TypeHigh Yield Bonds
Non-leveragedNon-leveraged

About HYG

The iShares iBoxx $ High Yield Corporate Bond ETF (HYG) is a fixed income fund that tracks the iBoxx USD Liquid High Yield Index, providing broad exposure to the U.S. dollar-denominated high yield liquid corporate bond market. The fund offers a high yield potential, but comes with higher credit risk, making it suitable for investors seeking income generation and willing to take on additional risk. The fund's portfolio is dominated by corporate bonds with investment grades between B and BB, and is primarily invested in the U.S. with a small allocation to international markets.